£110,000

   

ROI = 13% BMV = 11.56%
Description

THE PROPERTY: Attention investors: A ground floor maisonette with private rear garden and off road parking. Sold with tenants in situ @ £850.00pcm until March 2025. Blackshaw Drive is located only 100 meters from University Hospital C&W in the Walsgrave area of the city, which is itself around 3 miles north-east of Coventry City Centre. The location is highly sought after by professionals and the property has enjoyed very few void periods. Currently let on an AST at £850 per calendar month on a periodic basis, prospective landlords can expect an uplift to circa £900 per calendar month should they look to maximise their income. In brief, the property comprises:  LIVING ROOM 14' 9" x 13' 10" (4.5m x 4.22m) (maximum distances)  KITCHEN 10' 5" x 9' 4" (3.18m x 2.84m)   BEDROOM ONE 9' 4" x 12' 2" (2.84m x 3.71m)   BEDROOM TWO 7' 3" x 6' 4" (2.21m x 1.93m) (maximum distances)  WET ROOM 6' 4" x 4' 9" (1.93m x 1.45m)   INFO: Seller's position: No Chain Council Tax Band: 'A' Local Authority: Coventry City Council EPC Rating: 'E' Tenure: Leasehold Lease Remaining: 80 years Service Charge: n/a Ground Rent: £250 p.a Please be advised Cloud9 Estates have not sought to verify the legal title of the property or any information relating to the lease. Your appointed conveyancer should verify all details for you. 

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Property Details
  • Property ID: 158353850
  • Added On: 2025-02-17
  • Deal Type: For Sale
  • Property Price: £110,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • Ground Floor Maisonette
  • Private Rear Garden
  • Popular Walsgrave Location Near UHCW
  • Plenty Of Built-In Storage
  • Wet Room
  • Furnishings Included (Refer To TA10)
  • No Chain
  • Double Glazing & Electric Heating
  • Current Tenancy Periodic (£800)
  • Rental Potential £900+ PCM