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2 bedroom flat for sale
Orchard Drive, Coventry, CV5
£112,000
Orchard Drive, Coventry, CV5
£112,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 2-bedroom flat in Coventry is an attractive investment opportunity, offering a tenant in residence and strong potential for rental returns. The property features two bedrooms, a lounge, a kitchen, and a three-piece bathroom, as well as on-street parking and a private front garden. Currently producing an annual gross income of £6,000, this property has the potential to earn even more in future years, making it a worthwhile addition to an investor's portfolio. The current tenants, who have been in residence for several years, are committed to staying and paying rent on time, ensuring a smooth transition for the new owner. With its convenient location and solid rental income, this property is an excellent choice for investors looking to expand their portfolio.