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Windmill Road, Exhall, Coventry 2 bed end of terrace house for sale
Windmill Road, Exhall, Coventry
£110,000
Windmill Road, Exhall, Coventry
£110,000
Our Summary
- For Sale By Public AuctionA great opportunity to purchase a two-bedroom end-terraced property, offering huge potential
- The property that was previously tenanted requires some modernisation and would be well suited to those wanting to renovate and develop, subject to relevant planning permissions
- Following refurbishments we'd expect the property to generate an approximate re-sale value of around £190,000 and should the new owner decide to enter the rental market, we'd expect the property to achieve approximately £850-£900pcmx generating a healthy rental yield of around 9% based on the auction guide price
- Auction Details:Sheldon Bosley Knight Land and Property AuctionWednesday 22nd October at 6
- 00 pmHinckley Golf ClubAuction Terms - The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s
- For Sale By Public Auction
- Potential for a great buy-to-let investment or re-sale
- Renovation Opportunity
Description
This two-bedroom end-terraced property in Exhall, Coventry, is being sold by public auction and offers a great opportunity for renovation and development. The property, which was previously tenanted, requires modernization and could be transformed into a desirable home or a lucrative buy-to-let investment with the right renovation. The property features an entrance porch, lounge, diner, kitchen, two bedrooms, and a family bathroom, as well as off-street parking, a paved rear garden, and a workshop. With a guide price and potential to generate a rental income of £850-£900 per month, this property presents a healthy rental yield of around 9%. The auction is scheduled for October 22nd at Hinckley Golf Club.