Just added

£150,000

(£250/sq. ft)

2 bed flat for sale
Monticello Way, Bannerbrook Park, Coventry CV4

    • 2 beds

    • 2 baths

    • 1 reception

    • 601 sq. ft

  • EPC Rating: B

  • Leasehold

Added on

Shortland Horne

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About this property

    A well-presented two-bedroom first-floor apartment situated within the popular Bannerbrook Park development, offered for sale to investors with a tenant already in situ and currently producing £950 pcm.

    The apartment is accessed via a secure communal entrance with the benefit of lift access to the first floor. Internally, the property offers spacious accommodation and opens into an entrance hallway with useful storage.

    The main living space is a bright and generous open-plan lounge/kitchen, with large windows providing plenty of natural light. The kitchen is fitted with a range of wall and base units together with integrated appliances including an oven, hob, washing machine and fridge/freezer, making the apartment ready-made for continued letting.

    There are two bedrooms, with the principal bedroom benefiting from its own en-suite shower room, while a separate main bathroom serves the remainder of the accommodation.

    Externally, the property benefits from one allocated parking space, while the development itself is attractively maintained with landscaped communal areas.

    Monticello Way forms part of the established Bannerbrook Park development, popular with tenants due to its convenient position for Warwick University, Tile Hill railway station, Coventry city centre and the A45, as well as a good range of local shops and amenities.

    The property is being sold with the existing tenant in situ, currently paying £950 per calendar month, making this a straightforward investment opportunity with rental income already established.

    The lease expires in 2135, giving approximately 109 years remaining. The seller has advised that the combined service charge and ground rent is £1,822.10. The property is Council Tax Band B and has an EPC rating of B. Internet services are available through providers including Hyperoptic, Sky and BT, subject to individual provider availability.

    Please note that lease details are for guidance purposes only and we would respectfully request that you seek clarification of the exact terms of the lease via your solicitor

    Entrance Hallway (1.47m x 2.59m (4'10" x 8'6"))

    Lounge (4.27m x 4.11m (14'0" x 13'6"))

    Kitchen (3.33m x 1.52m (10'11" x 5'0"))

    Bedroom One (3.20m x 4.09m (10'6" x 13'5"))

    En-Suite (1.17m x 2.29m (3'10" x 7'6" ))

    Bedroom Two (2.54m x 2.97m (8'4" x 9'9"))

    Bathroom (2.51m x 1.50m (8'3" x 4'11"))

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    More information

    • Tenure

      Leasehold (109 years)

    • Service charge

      £1,822 per year

    • Council tax band

      B

    • Ground rent

    • Ground rent date of next review

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    Property descriptions and related information displayed on this page are marketing materials provided by - Shortland Horne. 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 Shortland Horne for full details and further information.