Property Information
Address:
1 Coundon Road, Coventry, West Midlands
, CV1 4AR
, West Midlands
, United Kingdom
Price: Property no longer available.
Size: 6 sq ft
Primary Category: Commercial Property
All Categories:
Investment,
Property Ref/Movehut: MH655971
Property Ref/Agent: 1978
*Please use the agent ref when calling the agent directly.
Property description
End of terrace two storey brick built property, with pitched tiled roof, nicely positioned above the junction of Barras Lane and Coundon Road. The property is laid out as 6 self contained apartments of varying sizes, some of which contain mezzanine bedroom areas. Each flat is seperately accessible, with a kitchenette area including inlaid sink, cooking hob, microwave, fridge, freezer and washing machine. Each flat has its own en-suite bathroom facilities containing a shower. Internat, gas and water are covered by the landlord, but electricity is on pre payment meters and council tax is tenant responsibility. Externally the property has been landscaped both front and back, with a nice terraced seating area to the rear. There is also a seperated boiler room, will all new appliances. Currently producing a Gross Rent of £51,840 per annum, with costs at 22.7% of the rent.
Virtual Walkthrough - W9ahAsqvMum
Fully let producing £51,840 pa - 9.97% Gross Yield
Costs at 22.7% of total rent
Fully refurbished within the past 18 months to high standard
Each flat has en-suite with full itchen facilites
2 minutes walk to city centre and 15 minutes to University
Landscaped rear garden and sittign area
5 large flats, 1 smaller studio
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