Property Summary
INVESTMENT OPPORTUNITY | TENANTED PROPERTY ACHIEVING £700PCM
Shortland Horne are pleased to present this well-proportioned one bedroom ground floor apartment, ideally located in the heart of Willenhall on Upper Ride. Offered with a tenant in situ currently paying £700 PCM, this property presents an excellent ready-made investment opportunity with immediate income.
The property is positioned within a well-established residential setting, benefitting from a green outlook to the front and a pleasant sense of space, whilst still being conveniently located for local amenities.
Internally, the property offers well-balanced accommodation throughout, briefly comprising a spacious lounge with large window allowing for an abundance of natural light, a fitted kitchen with a range of wall and base units, work surfaces and space for appliances. The double bedroom is generously sized, and the property is completed by a modern bathroom fitted with a white suite including bath with shower over.
Further benefits include a private balcony area and external storage shed adding to the overall appeal.
The location provides excellent access to Coventry City Centre, University Hospital Coventry & Warwickshire, and key road networks including the A46 and M6, making it a popular choice for tenants and commuters alike.
An ideal turnkey investment with strong rental demand in the area.
*Please note the photographs were taken prior to the current tenancy*
GOOD TO KNOW:
Tenure: Leasehold
Length Of Lease Remaining: 89 Years
Service Charge: £687 Per Annum Approx
Ground Rent: £10 Per Annum Approx
Rental Income: £700 PCM (Periodic Tenancy)
EPC Rating: D
Council Tax Band: A
PLEASE NOTE THAT LEASE DETAILS ARE FOR GUIDANCE PURPOSES ONLY AND WE WOULD RESPECTFULLY REQUEST THAT YOU SEEK CLARIFICATION OF THE EXACT TERMS VIA YOUR SOLICITOR