Fretton Close, Coventry, CV6 5RQ
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Potential 12% Yield!
- Ground floor flat
- Highly convenient location
- Peaceful cul-de-sac location
- In need of re-decoration
- Good lease length
Description
THE PERFECT INVESTMENT OR FIRST TIME BUY! 12+% YIELD!
Oughton Cook estate agents encourage early viewing on this ground floor, one bedroom flat with no chain and vacant possession. The property is located in the convenient location of Edgwick, CV6 with the retail park, a variety of shops, restaurants and a bus stop on the doorstep.
Once decorated, this property has a potential rental income between £700-£800 PCM, a potential yield of over £12%.
The property
Nestled away in a peaceful cul-de-sac location with ample community parking, the property benefits from being on the ground floor with doors leading out onto a paved area and communal gardens. Entrance to the property is via a secure access intercom. Internally, the flat is in need of re-decoration throughout and offers a spacious lounge, bedroom, bathroom and kitchen.
Lease length - 117 years (as confirmed by seller). Services charge approx £850 Per year (as confirmed by seller).
The Location
Edjwick is a highly convenient residential area of Coventry, set between stoke Heath and Courthouse green. There are a vast array of shops, supermarkets, restaurants and amenities within a short walk, including the popular AT7 leisure centre.
The area offers fantastic transport links via the A444 both into the city centre, but also out to the M6 & M69 motorways.
This area would be an ideal investment for working professionals on short term lets working in the area or longer term AST's. Likewise, the property would make a lovely private first home with access to outside space for first time buyers.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Fretton Close, Coventry, CV6 5RQ
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Visit our security centre to find out moreDisclaimer - Property reference S1353694. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Oughton Cook Estate Agents, Coventry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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