£55,000
Studio for saleHurn Way, Coventry CV6
1 bed
1 bath
EPC Rating: E
Added on
Oughton Cook Estate Agents
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About this property
Fantastic rental opportunity with potential 13%+ yield!
75 years on the lease & sold with no chain
Exceptionally low ground rent & service charge at £115 per year for both!
Perfect rental or first time buyer opportunity to climb onto the property ladder
Studio apartment - recently renovated
Located on peaceful residential location with short drive to M6, Bedworth & Coventry
* incredible 13%+ yield investment opportunity! *
Ultra low charges (£115PA!) on this studio ground floor flat, recently renovated and ideal as a high yield, low maintenance investment property close to the m6 motorway network. This flat would also make the perfect purchase for those wanting to secure their foot on the property ladder! 75 year lease remaining sold with no chain.
This studio apartment is one of 4 in a small block set in a peaceful residential location, surrounded by trees, green space and plenty of shared communal parking. With modern fitted kitchen, an open plan living/bedroom space, a shower room and a separate Wc - the studio apartment makes the perfect rental property or purchase for couples and individuals.
Fees, Lease & Management information
Ground rent: £77 per year
Service charge: £39 per year
Other: Communal area electric contribution - £38 per year
Lease: 75 years remaining
Management company: First port property services
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More information
Tenure
Leasehold (76 years)
Service charge
£77 per year
Council tax band
A
Ground rent
£39
Ground rent date of next review