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£250,000
Lower Ford Street, Coventry, CV1
- 5 beds
£250,000
- 5 beds
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Estimate monthly mortgage payment:
£1,141 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
£12,500
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Armstrong Property Management Services are pleased to bring to Market this 5 bedroom HMO student property on Lower Ford Street. Location superb for students offering super value.
An imposing and traditional terraced house within Coventry City Centre ring road.
Lower Ford Street is a short 5 minute walk from the University, making it an ideal spot for students. As it stands, the property has generated £2200 PCM (inc bills) with student tenants, however we estimate more is achievable without significant works such as ensuite added
Similar properties in the vicinity have been converted adding ensuite bathrooms, generating upwards of £550 per room. Should the new owner wish to invest in achieving the best possible return, we would advise adding en suite bathrooms to each bedroom
Briefly Comprising; Two Reception room on ground floor, with the front room currently being used as a bedroom. The second reception room currently serves as a lounge, leading into the kitchen and ground floor shower room at the rear. The first floor comprises of two double bedrooms and the second communal bathroom. The second floor has a further 2 bedrooms, there is the added benefit of a cellar which has been turned into a communal games room with full size pool table as well as featuring a rear garden. Parking on the road.
Sold with vacant possession or tenanted . No Chain!
Tenure: Freehold
An imposing and traditional terraced house within Coventry City Centre ring road.
Lower Ford Street is a short 5 minute walk from the University, making it an ideal spot for students. As it stands, the property has generated £2200 PCM (inc bills) with student tenants, however we estimate more is achievable without significant works such as ensuite added
Similar properties in the vicinity have been converted adding ensuite bathrooms, generating upwards of £550 per room. Should the new owner wish to invest in achieving the best possible return, we would advise adding en suite bathrooms to each bedroom
Briefly Comprising; Two Reception room on ground floor, with the front room currently being used as a bedroom. The second reception room currently serves as a lounge, leading into the kitchen and ground floor shower room at the rear. The first floor comprises of two double bedrooms and the second communal bathroom. The second floor has a further 2 bedrooms, there is the added benefit of a cellar which has been turned into a communal games room with full size pool table as well as featuring a rear garden. Parking on the road.
Sold with vacant possession or tenanted . No Chain!
Tenure: Freehold
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Stamp Duty tax
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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
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