1 Bed Share House For Sale Paynes Lane, Coventry, CV1

£96,000- Share

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Last Updated: 17th April 2024

Description

Here is a fantastic opportunity to purchase this superbly presented, GROUND FLOOR, one bedroom apartment which is currently rented at £675 pcm offering a gross yield in excess of 8%. The property is currently tenanted and furnished. Located in this popular and sought after location which is in close proximity to the city centre this apartment offers an incredible opportunity. In brief the property comprises; hallway, bathroom, bedroom, lounge/ dining room and kitchen all located on the ground floor. Externally there is a parking space that comes with the apartment. Viewing is advised to avoid disappointment. 90 years remaining on lease, annual service charge £1,631.77 and ground rent £15.

Hallway - An inviting entrance to the property offering access through to the bathroom, bedroom and lounge diner.

Lounge/ Diner - 3.16 x 4.18 (10'4\" x 13'8\") - A spacious lounge/diner benefitting from central heated radiators, double glazed window to the front aspect and also having an opening through to the kitchen.

Kitchen - 2.65 x 1.83 (8'8\" x 6'0\") - Having a range of wall and base mounted work surfaces with roll top work surfaces over, electric four ring hob with extractor over, electric oven, stainless steel sink with drainer, mixer tap and having space and facilities for a washing machine and fridge/ freezer.

Bedroom - 3.27 x 2.07 (10'8\" x 6'9\") - The bedroom offers a electric heater and a double glazed window to the front aspect.

Bathroom - Fully tiled bathroom which comprises of a panelled bath with shower over, pedestal wash basin, low level w/c and an electric heated towel rail.

Parking - There is an allocated parking space that comes with the property

Important Note To Purchasers - Intending purchasers will be asked to produce identification documentation for Anti Money Laundering Regulations at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.

All measurements have been taken as a guide to prospective buyers only and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.

All fixtures and fittings ultimately are to be agreed with the seller via the fixtures and fittings form which will then form part of a legal contact through the conveyances and as the marketing estate agent none of our particulars or conversations are legally binding, only the legal solicitor paperwork.

Up Estates has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Agent Details
Up Estates
6 Orchard Court, Binley Business Park, Binley, Coventry, CV3 2TQ

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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