**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
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 |
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 |
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 |
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