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A Recently Refurbished Detached Building Currently Arranged to Provide Nine Self-Contained Flats. Six of the Flats are Let Producing a Combined Rental Income of £50,040 per annum with Vacant Possession of Three Flats. ERV Once Fully Let £74,820 per annum.
The property comprises a detached converted building consisting of nine self contained flats on lower ground, ground and first floor levels with a basement storage area. The property has been recently refurbished and includes entry phone access, security cameras and air conditioning.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities and is within walking distance of Coventry town centre & Coventry University. There are numerous green open spaces within easy reach. Transport links are provided by Coventry rail station.
Exterior
The property benefits from a communal roof terrace accessed by all of the flats. In addition, there is a private gated car park.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.