A third floor apartment with secure entry system to a communal entrance with lifts and staircases to the upper floors. The private apartment has an open plan living/kitchen area, double bedroom and shower room. Generally reasonably presented with electric heating and double glazing. Located within walking distance of the City Centre. Ideal first time buyer/investment opportunity with a potential rental income up to £900pcm. The apartment is leasehold with 117 years unexpired, a service charge of £1,071 per annum and a ground rent of £325 per annum. NOTE: a suitable Deed of Variation has been executed which means the landlord will not be entitled to rely on ground 8 of Schedule 2 of the Housing Act 1988. EPC Rating: D
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Coopers Estate Agents - Coventry. Placebuzz 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 Coopers Estate Agents - Coventry for full details and further information.