29 Binley Road, Coventry, West Midlands
, CV3 1JE
, West Midlands
, United Kingdom Price: Buy: POA
Size: 17 sq ft sqm Primary Category: Commercial Property All Categories:
Investment, Property Ref/Movehut: MH656032 Property Ref/Agent: 1980
*Please use the agent ref when calling the agent directly.
The property is a former care home that has been fully renovated and refurbished to provide seven self contained flats, with either 1, 2, 3 or 4 bedrooms, all of which are en-suite or have singular use of a bathroom. No expense has been spared with each unit including a modern fitted kitchen with washing machine, fridge/ freezer, integrated oven, hob and extractor and a living room. Externally the property includes secure gated parking, CCTV and communal garden areas and seating to the rear. The property produces a Gross Rent of £95,040 per annum, with operating costs currently 20% of Gross Rent.
Produces £95,040 per annum - 9.55% Gross Yield
Operating costs of 20% currently
Flats all seperately rated for council tax
Refurbished to a very high standard, internally and externally
Walking distance to Coventry University
Main line bus stop outside
Secure gated parking area
Communal areas in every flat
Tenants pay excess electic and gas costs
Mixture of professional and student occupation
EPC for 29 Binley Road, Coventry, West Midlands
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