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£200,000

Sandy Lane, Radford, Coventry, CV6

  • 4 beds
Terraced house

£200,000

  • 4 beds
Terraced house
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Estimate monthly mortgage payment:

£913 per month

Minimum deposit amount:

£10,000
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Council tax band: A.

**IDEAL FAMILY HOME**ATTENTIONINVESTORS**GROSS 7.5% YIELD**RENTED FOR £1250PCM UNTIL SEPT 2024**Discover an exciting investment opportunity with SuttonsEstate Agents! Presenting a strategically located 4-bedroom mid-terraceproperty offering a lucrative 7.14% gross yield and generating £1250PCM.Conveniently situated within walking distance to Coventry City Centre andJubilee Crescent, this property promises not only immediate income but also aprime location.

Boasting a versatile layout, the ground floor features acommunal shared lounge, a fitted kitchen with modern amenities, and a groundfloor bedroom for added convenience. The low-maintenance rear garden with astorage outhouse provides outdoor space without the hassle.

On the first floor, three additional bedrooms offer ampleliving space, complemented by a part-tiled shower room featuring an electricshower. Practical features such as double glazing, gas central heating, and aboiler in the ground floor W/C enhance the property's appeal.

Currently rented until September 2024, the tenant hasexpressed interest in staying, offering a hassle-free investment. With thetenant's responsibility for bills and maintenance, this property ensures astreamlined investment experience. The gross yield of 7.5% adds financialappeal. 

Additional benefits include no onward chain, Council TaxBand A at £1530, an EPC rating of C, and a total floor area of 67 square meters(721 square feet). Act now to seize this excellent investment opportunity! Should the purchasers wish to use the property as a potential hmo they will be required to go for planning with the council.

Measurements.

Bedroom 1 (ground floor front) - 7.66 x 11.08

Lounge- 12.16 x10.72

W/C - 3.45 x 2.57

Kitchen11.27 x 6.24

——

1stfloor

Bedroom 2 (front) - 11.10 x 10.80

Bathroom- 7 .76 x 3.17

Bedroom 3 (side) - tbc

Bedroom 4 - (rear) - 14.53 x 6.41

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Your estimated purchase costs

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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