ROI = 10% BMV = 1.9%
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Description
This spacious ground floor maisonette is located in the popular Stoke area of Coventry, offering convenient access to local amenities and bus routes to the city centre. The property comprises a generous lounge, a fitted kitchen, one double bedroom, and a bathroom. It also benefits from a private garden, gas central heating, and double glazing. The property requires modernisation, and the asking price reflects this, providing an excellent opportunity for buyers to add value. It is currently tenanted, generating a rental income of £525.00 per month from 5th June 2024. The property is being sold with the tenants in situ, making it most suitable for investors. Lease: Approx. 100 years remaining Service Charge: Approx. £400.00 per annum Ground Rent: £10.00 per annum Council Tax Band: A This is a fantastic investment opportunity in a well-established location.
Find out MoreProperty Details
- Property ID: 129294644
- Added On: 2025-01-10
- Deal Type: For Sale
- Property Price: £85,000
- Bedrooms: 1
- Bathrooms: 1.00
Amenities
- EPC Rating: D
- Ground Floor Maisonette
- One Bedroom
- Lounge
- Kitchen/Diner
- Enclosed Rear Garden
- Gas Central Heating & Double Glazing
- Ideal Investment or First Time Buyer
- Leasehold - Approx. 100 Years Remaining
- Currently Tenanted At A Rental of £525.00pcm
