ROI = 12% BMV = 16.6%
Description

*** ATTENTIN CASH BUYER & INVESTORS *** Pointons are pleased to bring to market this large first floor flat on Torrington avenue, Tile Hill, Coventry - situated on a quiet road, set amongst communal greens and within a close proximity to Warwick University. The property itself comprises of; a large reception room, kitchen, two double bedrooms & Family bathroom. The property also benefits from gas central heating and double glazing. The flat is leasehold, with a lease a current lease of 83 years. Investors. The property currently has a sit in tenant giving an immediate return on completion. A potential yield of 9.39% with similar properties in the area, currently rented between £900-£1000pcm Entrance Hall - 1.95m x 1.02m (6'5" x 3'4") - Main door to enter apartment. Central heating thermostat, intercom, door to: Utility - 1.95m x 1.42m (6'5" x 4'8") - Plumbing for washing machine, space for fridge/freezer, door to: Kitchen - 2.75m x 2.54m (9'0" x 8'4") - Fitted with a matching range of base and eye level units with worktop space over, 1+1/2 bowl stainless steel sink with mixer tap, integrated fridge, fitted electric oven, gas hob with extractor hood over, window to side, Storage cupboard, Living Room - 4.96m x 4.05m (16'3" x 13'3") - Two windows to side, fireplace, radiator, door to: Bedroom 1 - 3.95m x 3.06m (13'0" x 10'0") - Window to side, window to rear, radiator, built in wardrobes. Bedroom 2 - 2.86m x 3.54m (9'5" x 11'7") - Window to side, radiator, door to: Bathroom - 1.90m x 2.54m (6'3" x 8'4") - Three piece suite with panelled bath, with mixer tap and electric shower, pedestal wash basin, WC, window to side, tiling to all walls with ceramic tiled flooring. Good To Know - Vendor position; Rented with fixed tenancy Leasehold; 83 Years remaining Ground Rent: £10 Per Annum. Service Charge: £644.54 Per Annum. Floor area: 702.10sqft Energy efficiency rating: C Council tax band: A Year built: 1950-1966 Disclaimer - Please Note: All fixtures & Fittings are excluded unless detailed in these particulars. None of the equipment mentioned in these particulars has been tested; purchasers should ensure the working order and general condition of any such items.

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Property Details
  • Property ID: 155829539
  • Added On: 2024-12-11
  • Deal Type: For Sale
  • Property Price: £115,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • CASH BUYERS ONLY - LOW LEASE
  • FIRST FLOOR LARGE APARTMENT
  • GENEROUS RECEPTION ROOM
  • KITCHEN AND UTILITY
  • TWO DOUBLE BEDROOMS
  • LARGE FAMILY BATHROOM
  • WALKING DISTANCE TO UNIVERSITY
  • COUNCIL TAX - A
  • EPC -C