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Sandy Lane, Radford, Coventry, CV6 3FZ

Offers Over £190,000Freehold

421
Brochure

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Description

Council tax band: A.

**IDEAL FAMILY HOME**ATTENTIONINVESTORS**GROSS 7.89% YIELD**RENTED FOR £1250PCM**Discover an exciting investment opportunity with SuttonsEstate Agents! Presenting a strategically located 4-bedroom mid-terraceproperty offering a lucrative 7.89% 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 7.89% 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

Arrange Viewing

Radford Primary Academy
(0.27 miles)
Requires Improvement
Number of pupils: 231
Age Range: 3 - 11
Barr's Hill School and Community College
(0.34 miles)
Good
Number of pupils: 772
Age Range: 11 - 18
Bablake School
(0.48 miles)
Number of pupils: 1234
Age Range: 3 - 18
Eden Girls' School Coventry
(0.53 miles)
Outstanding
Number of pupils: 599
Age Range: 11 - 18
John Gulson Primary School
(0.59 miles)
Good
Number of pupils: 505
Age Range: 3 - 11
St Osburg's Catholic Primary School
(0.64 miles)
Good
Number of pupils: 216
Age Range: 3 - 11
Moseley Primary School
(0.64 miles)
Good
Number of pupils: 461
Age Range: 2 - 11
Hill Farm Academy
(0.67 miles)
Good
Number of pupils: 551
Age Range: 3 - 11
St Augustine's Catholic Primary School
(0.67 miles)
Number of pupils: 402
Age Range: 3 - 11
Joseph Cash Primary School
(0.69 miles)
Good
Number of pupils: 459
Age Range: 3 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£1,000 /mo.25 Years, 5% Interest
Loan
£171,000
Total Repay
£299,895

Stamp Duty

You’ll have to pay the stamp duty of:
£0
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