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1 bed detached house
Nicholls Street, Coventry CV2
£117,995
Nicholls Street, Coventry CV2
£117,995
Our Summary
- Potential to extend – neighbouring properties have converted the generous loft/first-floor void to create a second bedroom (STPP; buyers to make their own enquiries)
- Investment opportunity
- Potential to increase annual rent
Description
This charming one-bedroom detached house in Hillfields, Coventry, offers a great opportunity for a first-time buyer or a savvy investor. The property has been tastefully updated to create a cozy and modern living space, with a quiet location and easy access to local amenities, including cafes, restaurants, and bus routes into the city center. The current rent is £600 per month, generating a 6% gross yield, and the property is available with a tenant in situ or vacant possession. With a freehold tenure and potential to extend, this property presents a great opportunity for renovation and expansion. The current owners, who have been successful landlords, are retiring from the rental market and are looking for a new owner to take over and continue to enjoy the property's potential.