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Property Listing Details

1 bed flat for sale

Coundon Road, Lower Coundon, Coventry CV1

  • Investment

£99,995

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

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

Listing view statistics

Last 30 days: 226 page views

Since listed: 702 page views

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.

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 (15'9 x 15'1))

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 (12'5 x 4'9))

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 (12'5 x 4'9))

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 (11'1 x 10'6))

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

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Coventry 0.8 miles
  • Canley 1.5 miles
  • St Osburg's Catholic Primary School 0.1 miles
  • Bablake Junior School 0.1 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Coventry 0.8 miles
  • Canley 1.5 miles
  • St Osburg's Catholic Primary School 0.1 miles
  • Bablake Junior School 0.1 miles

Market stats

Sale activity

Average estimated value for a flat in CV1:

  • £153,177
  • Price decrease

  • -£9,348
  • (-5.752%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £148,728
  • Properties sold

    37

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in CV1 is currently:

£546 pcm

Recent sales nearby

See all recent sales in CV1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
15th Aug 2019 £99,995 First listed
1st Sep 2006 £56,208 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Payne Associates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Payne Associates for full details and further information.