Sandy Lane, Radford, Coventry, CV6 3FZ
Offers Over £200,000
Key Information
Description
Council tax band: A.
**IDEAL FAMILY HOME**ATTENTIONINVESTORS**GROSS 7.5% YIELD**RENTED FOR £1250PCM UNTIL SEPT 2024**Discover an exciting investment opportunity with SuttonsEstate Agents! Presenting a strategically located 4-bedroom mid-terraceproperty offering a lucrative 7.14% gross yield and generating £1250PCM.Conveniently situated within walking distance to Coventry City Centre andJubilee Crescent, this property promises not only immediate income but also aprime location.
Boasting a versatile layout, the ground floor features acommunal shared lounge, a fitted kitchen with modern amenities, and a groundfloor bedroom for added convenience. The low-maintenance rear garden with astorage outhouse provides outdoor space without the hassle.
On the first floor, three additional bedrooms offer ampleliving space, complemented by a part-tiled shower room featuring an electricshower. Practical features such as double glazing, gas central heating, and aboiler in the ground floor W/C enhance the property's appeal.
Currently rented until September 2024, the tenant hasexpressed interest in staying, offering a hassle-free investment. With thetenant's responsibility for bills and maintenance, this property ensures astreamlined investment experience. The gross yield of 7.5% adds financialappeal.
Additional benefits include no onward chain, Council TaxBand A at £1530, an EPC rating of C, and a total floor area of 67 square meters(721 square feet). Act now to seize this excellent investment opportunity! Should the purchasers wish to use the property as a potential hmo they will be required to go for planning with the council.
Measurements.
Bedroom 1 (ground floor front) - 7.66 x 11.08
Lounge- 12.16 x10.72
W/C - 3.45 x 2.57
Kitchen11.27 x 6.24
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1stfloor
Bedroom 2 (front) - 11.10 x 10.80
Bathroom- 7 .76 x 3.17
Bedroom 3 (side) - tbc
Bedroom 4 - (rear) - 14.53 x 6.41
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