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.
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.
The property benefits from a communal roof terrace accessed by all of the flats. In addition, there is a private gated car park.
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.