This property has been taken off the market.

4 Bed Terraced House For Sale London Road, Coventry, CV3

£250,000- Terraced

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Last Updated: 20th May 2024

Description

INVESTMENT OPPORTUNITY / FOUR BEDROOMS / CURRENT GROSS RENTAL YIELD OF 9.15% / FOUR EN SUITE SHOWER ROOMS / CURRENT HMO LICENCE (NON TRANSFERRABLE) /FITTED KITCHEN UTILITY AREA / FRONT & REAR GARDENS / GARAGE / CLOSE TO JAGUAR LAND ROVER / WITHIN EASY ACCESS TO COVENTRY CITY CENTRE & UNIVERSITY / VIEWING RECOMMENDED / EPC RATING : D

Description - ATTENTION INVESTORS Foster Lewis and Co are delighted to offer for sale this four bedroom, four en-suite shower room terraced property within easy access of Jaguar Land Rover, Coventry City Centre, Coventry University and offering good access to the A46 and A45 which both provide excellent commuting links with the Midland Motorway Network. The property has a current HMO LICENCE in place (non transferrable), Currently generating a gross rental yield of 9.82%.

Accommodation comprises entrance hallway, two bedrooms and two en suites, kitchen and utility area and to the first floor there are two more bedrooms again both with en suite shower rooms.
Outside there are front and rear gardens and garage.

Freehold - Money laundering Act – intended purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Council Tax – please refer to to verify this information.

Tenure – the vendor has confirmed verbally to us that the property is Freehold but you should check this with your legal advisor before exchanging contracts.

Description – measurements are approximate and some may be maximum on irregular walls. Some images may have been taken with a wide angle lens and occasionally a zoom lens. The plan shows the approximate layout of the rooms to show the inter relationship of one room to another.

Consent – we have not had sight of any relevant building regulations, guarantees or planning consents and all relevant documentation pertaining to this property should be checked by your legal advisor before exchanging contracts.

Agents Opinion – these details imply the opinion of the selling agent at the time of these details were prepared and are subjective. It may be that the purchasers opinion may differ.

Every attempt has been made to ensure accuracy, photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures and fittings, therefore potential buyers are advised to recheck the measurements before committing to any expense. In accordance with the Property Mis descriptions Act (1991) the following particulars have been prepared in good faith and they are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. Foster Lewis and Co has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Agent Details
Foster Lewis & Co
94b Barkers Butts Lane Coventry CV6 1DZ

Investment Analysis

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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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