1 bedroom flat for sale

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1 bedroom flat for sale

Fretton Close, Coventry CV6
£70,000

Our Summary

  • Internally, the flat is in need of re-decoration throughout and offers a spacious lounge, bedroom, bathroom and kitchen
  • In need of re-decoration

Description

This ground-floor one-bedroom flat in Edgwick, Coventry, is an attractive investment opportunity or first-time buyer's dream, offering a potential yield of over 12% due to its high rental income potential of £700-£800 per month. The property is located in a peaceful cul-de-sac with ample parking and benefits from being on the ground floor with doors leading out onto a paved area and communal gardens. While in need of decoration, the flat offers a spacious lounge, bedroom, bathroom, and kitchen, and is situated in a convenient location with a variety of shops, restaurants, and amenities nearby, including a bus stop and AT7 leisure centre. With a 117-year lease and services charge of approximately £850 per year, this property presents a fantastic opportunity for investors or first-time buyers looking for a hassle-free and lucrative investment or a lovely private home.