Offers over
£80,000
(£128/sq. ft)
2 bed maisonette for saleSundorne Close, Woodlands, Coventry CV5
2 beds
1 bath
1 reception
624 sq. ft
M&M Sales Lettings Management Ltd
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About this property
****cash buyers only****
Two bedroom
Gas central heating
624 sq feet
Woodlands area
Double glazed
Close to local amenities
Garden
Council tax band A
First floor maisonette
Low lease cash buyers only
Situated in a quiet cul-de-sac within the popular CV5 area of Coventry, this two-bedroom first floor maisonette presents an excellent opportunity for buyers looking to add value.
The property offers well-proportioned accommodation comprising a bright living area, fitted kitchen, two bedrooms, and a bathroom.
The asking price reflects the fact that the lease has only 35 years remaining. The buyer will need to invest to extend the lease term.
Premium payable for new lease would be between £55,000 and £57,500 (RICS Surveyor Valuation).
This would make for an excellent investment purchase with a rental return of somewhere between £900-975 per calendar month
Externally, the property benefits from its own private garden and convenient parking nearby, adding to its appeal.
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More information
Tenure
Leasehold (35 years)
Service charge
Council tax band
A
Ground rent
£15
Ground rent date of next review