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£80,000
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Coundon Road, Lower Coundon, Coventry, West Midlands, CV1 4AW

Property Description

Fantastic investment opportunity to acquire a property with tenants in place. Situated a short walk to Coventry city centre the property briefly comprises; communal entrance, entrance hallway, spacious lounge, double bedroom, fitted kitchen, bathroom with bath and shower above. The property is currently tenanted on a statutory periodic tenancy with a rental income of £475 PCM.

Features

  • Spacious one bedroom flat
  • Within walking distance of Coventry City Centre
  • Currently tenanted with a rental income of £475 PCM
  • Double glazing and gas central heating
  • Fitted Kitchen with spacious lounge
  • Bathroom with bath and shower above
  • Communal Entrance

    With flat 6 being located on the second floor.

  • Entrance Hallway

    With doors off to lounge, bedroom, bathroom, kitchen, secure telephone entry system, gas central heating radiator and ceiling light point.

  • Lounge - 4.80m x 4.60m

    With uPVC double glazed window to the front elevation, television aerial point, phone point, gas central heating radiator, fully carpeted throughout with ceiling light point and power.

  • Kitchen - 3.78m x 1.45m

    With a range of base and eye level units, inset stainless steel sink with drainer, storage cupboard below, fitted oven, four ring electric hob, extractor unit above, uPVC double glazed window to the front elevation, tiled splash backs, vinyl flooring with gas central heating radiator and ceiling light point.

  • Bathroom - 3.78m x 1.45m

    With matching white suite comprising, low level wc, panel bath with shower above, tiled splash backs over bath, pedestal wash hand basin, gas central heating radiator, ceiling light point, vinyl flooring throughout, roll top work top with space and plumbing for automatic washing machine below.

  • Bedroom - 3.38m x 3.20m

    With uPVC double glazed window to the rear elevation, gas central heating radiator, carpeted throughout with ceiling light point and power.

  • Tenure

    We have been informed from the owner that the property is leasehold.
    Lease remaining- 86 years
    Service Charge- £10 per month
    Ground Rent- £100 per annum

Disclaimer

Property reference . The information displayed about this property comprises a property advertisement. Wearethemarket.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and wearethemarket.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Payne Associates. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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Agent details

Payne Associates,
Coventry

20 New Union Street, Coventry, CV1 2HN

02476 222 022

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