2 bed flat

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2 bed flat

Sir Henry Parkes Road, Coventry CV4
£139,000

Our Summary

  • This spacious ground floor two bedroom flat is located close to Warwick University & Cannon Park shopping centre and whilst in need of refurbishment it would make an excellent investment opportunity, it is currently achieving £9540 per year with potential to achieve around £10200 per year
  • Current rental income £9540 with potential to achieve around £10,200 pa

Description

This two-bedroom ground floor flat is situated near Warwick University and Cannon Park shopping centre, offering a great investment opportunity. Despite needing refurbishment, the property currently generates £9540 per year and has the potential to increase to £10,200 per year. The flat features an open-plan kitchen/diner lounge area with a patio, two double bedrooms, and a part-tiled bathroom with a bath and mixer shower. Additional benefits include gas central heating, double glazing, and a secured entry phone system. The property is available with no onward chain and is being sold on a leasehold basis, with the agent advising interested parties to confirm the details of the lease and any ongoing costs such as ground rent and service charges.