A unique & substantial investment opportunity Two apartments. 1x Bed ground floor & 2x Bed first floor Independantly accessed & currently rented (tenants to remain or vacate) Gas central heating & double glazed throughout Communal gardens to rear Both Freehold sales with excellent investment potential Situated just off Broad Lane to the West of the city EPC RATING C, Total 1398 Sq Ft or Total 130 Sq.M
This unique property, formerly commercial and now residential in status, presents a freehold opportunity to purchase, upon a single title, a one bedroom ground floor maisonette and above, a two double bedroom maisonette. Both are self contained with gas central heating and double glazing installed throughout. Both have tenants currently residing so a purchase, timing dependant could occur with full occupancy if required.Situated just off Broad Lane, the address, a popular one for professionals and families alike, is a desirable one indeed.We highly recommend that the floorplan is studied to appreciate the space and internal layout. Being freehold the opportunity to redesign and improve is subject to only imagination and finance (Building regulations of course too). Both Maisonettes, 86 like 88, has no communal areas. The front door steps straight into the sitting room which is spacious and bright and presents a doorway through to an inner hallway. The hallway leads through to rear access and the communal garden (shared only with 88). Direct access to a spacious bathroom, a kitchen breakfast room and a generous double bedroom are all accessible from the hallway.88, situated upon the first floor, is entered at ground level with a very generous and practical internal hallway. With storage and a door way to the gardens, this space offers certain further opportunity. Upstairs, the two double bedrooms are complemented by a generous three piece bathroom, a substantial sitting dining room and a fitted kitchen.The current rents being paid can be provided upon request and potential, subject to tenancy agreement alterations, could exist to secure the exisiting tenants at a higher rent.PLEASE NOTE, THIS SALE IS FOR THE BUILDING AS A WHOLE AND ONE THAT CAN BE EITHER VACANT POSSESSION OR, SUBJECT TO CONTRACT, WITH TENANTS IN SITU."For even more thorough property and market information including connectivity, transport links and schooling please download or request our "key facts for buyers guide" by emailing "THE LOCATIONSituated opposite the T Junction at the end of Alandale Avenue and within easy reach of local shops and bus stops, this ideal location that sits just off Broad Lane.Eastern Green is located to the direct West of the city three and a half miles from the center itself.With local parkland and excellent schooling including Park Hill, Allesley Hall and Mount Nod Primary all within walking distance, the location is certainly an ideal one for families seeking a community to thrive in.Three train stations, Canley, Tile Hill and Coventry train station sit between 1.4 and 2.5 miles from the property itself.Birmingham International Airport and the NEC are situated 7.5 miles away.The University Hospital sits 7 miles to the East of the address.
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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