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Somerset Road, Coventry 2 bed terraced house for sale
Somerset Road, Coventry
£110,000
Somerset Road, Coventry
£110,000
Our Summary
- An excellent investment opportunity to purchase this two-bedroom terraced property, that would be ideal for buy-to-let purposes following re-decoration throughout or reconfiguration/renovation opportunity subject to necessary planning permissions
- We also note that the property could produce a potential rental figure of £900-£950pcm with some redecoration throughout, producing a healthy gross yield of around 10% (based on the auction guide price)
- Auction Details:Live Auction EventWednesday 12th February 2025 at 1
- 00pmLive Stream AuctionAuction Terms - The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s
Description
This two-bedroom terraced property in Bishopgate Green, Coventry, presents an excellent investment opportunity for buy-to-let purposes. The property requires redecoration throughout and could be reconfigured or renovated with necessary planning permissions. With a potential rental figure of £900-£950 per month, it could produce a healthy gross yield of around 10% based on the auction guide price. The property features a lounge reception room, kitchen, utility area, and family bathroom on the ground floor, with two well-proportioned bedrooms on the first floor. The rear courtyard garden is mostly laid to lawn and offers on-street parking. The location is convenient, with local amenities and transport links to Coventry City Centre and surrounding areas. The property will be sold subject to the Special and General Conditions of Sale at a live auction event on February 12th, 2025.