**FIRST TIME BUYERS AND INVESTORS**GROSS YIELD 6.93% - NO CHAIN AND LONG LEASE** A well-presented second floor two-bedroom apartment located in CV1 with a 10-minute walk to Coventry City Centre. Briefly comprising of hallway, modern fitted kitchen with oven, electric hob, lounge with feature electric fireplace and a balcony, two bedrooms (one single and a double), fully tiled white suite family bathroom with a shower over the bath. Other features include a secure entry phone system, double glazing, electric heating, communal grounds and an allocated parking space. ENERGY RATING C
Tenure: Leasehold.
Length - 983 years remaining.
Ground rent - £100 PA
Service charge - £1,160 PA
Rented at £650pcm from 29/07/21 for 12 months
Building built in 2002.
Notes: A 360 virtual viewing will be available shortly.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: SUTTONS has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: SUTTONS has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Tenure : Leasehold
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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