Generaldescription ***Circa 8.25% Yield - Superb Freehold Investment Opportunity - Four Double Bedrooms - Two Bathrooms + WC - Lounge Living Area*** Here is a unique prospect for the discerning buyer to purchase a modern build style, three storey mid terrace mews property that offers a huge range of benefits. The property comprises of: An entrance hall, kitchen, lounge, downstairs WC to the Ground Floor. There is a Landing, Two Double Bedrooms and Bathroom on the First Floor. There are also Two Further Double Bedrooms and a Shower Room on the Second Floor. Externally there is an allocated parking space, and private garden to the rear. There are a host of surrounding amenities, the property is fully central heated and double glazed, as well being less susceptible to rising damp etc compared with the normal HMO student lets in the area which typically are built 1900-1930 with solid brick walls. Here are below some useful info re the current status of the property.
- Allocated parking space - House is currently tenanted with students at 24k per annum (on one joint AST) until August 2021. - All 4 x bedrooms are of accepted rentable bedroom size for HMO - Has a tacit approved 5 year HMO licence from Coventry council. - Close proximity to Coventry City Centre - as well as both Warwick and Coventry University.
In addition to the above the property has a recently certificated (August 2020) hard wired smoke alarm system and a recently certificated (August 2020) emergency lighting system.
Property descriptions and related information displayed on this page are marketing materials provided by Up Estates, Warwickshire. 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 Up Estates, Warwickshire for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.