Offers over
£155,000
(£185/sq. ft)
2 bed flat for saleElectric Wharf, Coventry CV1
2 beds
2 baths
1 reception
840 sq. ft
- Leasehold
Let Property
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About this property
On street/residents parking
Buy-to-Let Opportunity
Long Term Tenant Currently Situated
Likely to attract enquiries from Serious Investors & Developers
Well Maintained Property
Two-Piece Bathroom
Resident Parking
Easy Access to Local Amenities
Investment potential detailed below (Let Property Pack)
Our latest listing is a 2 bedroom Flat located in Coventry. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently situated.
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-kept home features 2 bedrooms, 2 bathrooms, a lounge, a kitchen, and a resident parking.
Investment details
It currently produces an annual gross income of £14,400 with long-term tenants presently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.
Please see the Let Property Pack linked below for greater details on this property's investment potential.
If you are interested, please call us.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out, so they hope to remain in the property.
Let Property Sales is committed to facilitating a smooth transaction process. To allow maximum commitment to the sale from both parties, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion
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More information
Tenure
Leasehold (Ask agent)
Service charge
£2,496 per year
Council tax band
C
Ground rent
Ground rent date of next review