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Coventry, CV1 2EL

2 The Quadrant
Coronation Road
SalesCoronation Road
 Coronation Road, COVENTRY, CV1
Offers over £160,000
  • 3 Bedrooms
  • 3 Bathrooms
  • 1 Reception Rooms

Property Information

  • Reference number suttons_991912497
  • Property Type Terraced
  • Furnishing Part Furnished
  • Tenure Freehold
  • Current Occupant External Tenant
  • Market infoMarket info

Location

Coronation Road, COVENTRY, CV1

Property description

**CASH BUYERS ONLY**CASH BUYERS ONLY**CASH BUYERS ONLY**GROSS RENTAL INCOME £14,950 PA**A freehold terraced property converted into three self-contained studios all currently rented out providing a great investment opportunity. Located in Hilfields, CV1 the property is in easy reach of many local shops, the City Centre, Coventry University and the A444.


Briefly comprises of communal entrance hallway, ground floor self-contained flat with lounge, bedroom, kitchen, bathroom, private rear garden. To the first floor are two self-contained studios with bedroom/living area with a kitchenette and ensuite shower room.

Other features include part double glazing, electric heating and no onwards chain.

Energy Rating. Flat 1 – D. Flat 2 – E. Flat 3 E.

Each tenant is on a AST paying rent that includes utility bills and wifi but excludes council tax.

Flat 1 - £495pcm - 28/10/2022 (end date of current AST)

Flat 2 - £375pcm - 05/05/2022 (end date of current AST)

Flat 3 - £375pcm - Periodic

Council Tax Band A. APROX £1384 PA.

CASH BUYERS ONLY.

Measurements in foot.

Ground floor flat
Lounge
Bedroom - 12.19ft X 11.10ft

Bathrom -6.03ft X 5.80ft

Kitchen - 7.43ft X 5.88ft 


First floor front studio - 11.14ft (max) X 11.09ft (max)
Ensuite - 5.74ft X 5.08ft


First floor rear studio - 11.09ft (max) X 12.20ft (max)
Ensuite - 6.25ft X 2.73ft

Tenure  : Freehold

Download EPC

Stamp Duty Calculator

Completion date before 31st March 2021 Click Here

Single Property

Stamp duty charges for completion date after 31st march 2021

Purchase Price

(Enter numbers only)

Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £125k 0
£125k to £250k 2
£250k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12

Additional Property

Stamp duty charges for completion date after 31st march 2021

Purchase Price

(Enter numbers only)

Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £125k 3
£125k to £250k 5
£250k to £925k 8
£925k to £1.5m 13
rest over £1.5m 15

First Time Buyer

Purchase Price

(Enter numbers only)

Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £300k 0(2/5)*
£300k to £500k 5
£500k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12
*For purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.

Location

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