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Charles Street, Gun Hill, Coventry 3 bed terraced house for sale
Charles Street, Gun Hill, Coventry
£110,000
Charles Street, Gun Hill, Coventry
£110,000
Our Summary
- The property would be an ideal investment for buy-to-let purposes or development and renovation (subject to necessary planning permissions)
- 5% (based on the auction guide price) with some minor redecoration throughout
- Alternatively, the property would also be well suited to those wanting to develop and reconfigure (subject to necessary planning permissions) due to the plots potential
- Auction Details:Auction Live EventWednesday 7th May 2025, 6pmHinckley Golf ClubAuction Terms - The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s
- Ideal Investment/Development Opportunity (Subject To Necessary Permissions)
- Live Auction Event
Description
This traditional three-bedroom mid-terraced property is situated in a residential cul-de-sac and offers a great investment opportunity for buy-to-let or development and renovation, subject to necessary planning permissions. With a potential rental income of £850-£875 per month, producing a gross yield of around 9.5%, it's an attractive option for investors. Alternatively, the property could be developed and reconfigured to suit the buyer's needs. The property features an entrance hallway, lounge, kitchen, family bathroom, and three well-proportioned bedrooms on the first floor. The exterior includes stairs leading to the property, a front garden with lawn, and a rear garden with lawn and paved patio. The property will be sold at a live auction event on May 7th, 2025, at Hinckley Golf Club, subject to the Special and General Conditions of Sale.