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1 /8
£130,000
Generator Hall, Electric Wharf, Coventry, West Midlands, CV1
- 1 bed
Under offer/SSTC
£130,000
- 1 bed
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Buy with a mortgage
Estimate monthly mortgage payment:
£593 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£6,500
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* * * NO CHAIN - REDUCED FOR QUICK SALE * * *
Being offered to the market is a great opportunity to purchase a nicely presented, one bedroom apartment within the sought after location of Electric Wharf.
This is an ideal first time buy or investment opportunity to acquire an apartment that has a history or renting well. Currently achieving £850PCM with the potential to achieve up to £900pcm an opportunity not to be missed giving just under 8% yield!
In brief the property comprises, open plan living / kitchen / dining room with patio doors onto the balcony. Double bedroom and three piece bathroom. Over looks the canal. There is also access to residents parking with secured gated access.
The service charge is £180 per month and ground rent is £150 per annum. 130 years remain on the lease.
Viewing is strictly by appointment only.
Ground Rent: £150
Service Charge: £2160
End Lease Date: 05/06/2154
Council Tax Band: C
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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