2 bedroom flat for sale

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2 bedroom flat for sale

Norton Hill Drive, Wyken, Coventry
£45,000

Our Summary

  • Cash buyers only
  • A very keenly priced investment opportunity with a low lease of 58 years but still offering an incredible opportunity for investors
  • The flat will require some modernisation but is a bargain

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: A cash buyer's dream, this two-bedroom duplex flat is a keenly priced investment opportunity with a low lease of 58 years. Located above commercial premises in a sought-after area close to Coventry University Hospital, the property is popular with hospital workers looking for a convenient rental option. The flat requires some modernization, but with its generous rooms, including a 20-foot wide living room, it has the potential to generate a high yield. With an expected rental income of £900 per month, this property offers an impressive 24% yield. As an added bonus, there is no chain and the agent advises that an offer of £70,500 has already been made, making it a must-act opportunity for investors.
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