Service charge (For Leasehold tenure): £3006 per year.
MODERN TWO-BED CITY CENTRE APARTMENTSet on the first floor of a secure gated development in the heart of Coventry, this spacious two-bedroom apartment offers bright interiors, a Juliet balcony, and excellent proximity to the city centre, university, and train station. With a new boiler (2023), long lease, and reliable rental income, this is a fantastic opportunity for investors.Key FeaturesFirst-floor, two-bedroom apartment with Juliet balconyMaster bedroom with built-in storage; open-plan kitchen/lounge with electric oven and hob.Currently tenanted until August 25’ - paying £900.00 pcmDouble glazing, electric heating, and secure intercom entryDesignated parking space in gated basementEPC: B | Council Tax Band: C | Internal area: 49 sqm / 527 sqftLease: approx. 131 years | Ground Rent: £200 p.a. | Service Charge: £3,006 p.a.DescriptionThis bright, well-located apartment opens into a hallway with entry phone system and a storage cupboard housing the new boiler (2023). The spacious open-plan living area is filled with natural light via a Juliet balcony and connects to a fitted kitchen with electric oven and hob. Two well-sized double bedrooms offer comfortable accommodation, with the master benefiting from built-in storage. The bathroom features a modern white suite, shower over the bath, and heated towel rail.Additional features include lift access, a gated communal courtyard, and a private basement parking space. South-east facing windows ensure excellent natural light throughout.Prime Investment OpportunityCurrently let to students at £900pcm until end of August 2025. With strong rental demand in this central location and potential for even higher short-term returns (e.g. Airbnb), this apartment represents excellent value.Room Measurements (in ft) Lounge/Kitchen: 20'3" x 12'2"Bedroom 1: 9'8" x 9'9"Bedroom 2: 8'9" x 9'8"Bathroom: 5'7" x 7'1"
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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