Swan Court, Swan Lane, Coventry, CV2 4NR
- PROPERTY TYPE
Flat
- BEDROOMS
3
- BATHROOMS
1
- SIZE
613 sq ft
57 sq m
Key features
- NO CHAIN
- EWS1 Certificate in place
- Full Double Glazing
Description
*GROSS YIELD OF 9.33%*EWS1 Cert in place*NO CHAIN* 3 BEDS* Suttons Estate Agents are pleased to offer for sale this spacious three-bedroom, top-floor apartment, situated within a secure gated development just off Swan Lane.
The property is well positioned for access to Coventry City Centre, the A444, local amenities and transport links, making it an attractive option for both investors and owner-occupiers.
The accommodation briefly comprises an entrance hallway with a useful storage cupboard, a bright and spacious open-plan kitchen, dining and living area, three well-proportioned double bedrooms, and a fully tiled family bathroom with a shower over the bath.
The kitchen is fitted with a gas hob and oven, with additional space available for freestanding appliances.
Externally, the development benefits from secure gated access, maintained communal grounds and one allocated parking space.
Further features include gas central heating, double glazing and no onward chain.
Good to know:
- The property is currently tenanted at £1,050 per calendar month.
- Gross rental yield 9.33% and Net yield of 7.30%
- The existing tenant has occupied the property for approximately four years.
- The property can be sold with the tenant in situ or with vacant possession, subject to the required notice.
- EWS1 certificate in place.
- Leasehold with approximately 132 years remaining.
- Ground rent: £300 per annum.
- Service charge: £2,448 per annum.
- Building management company: HomeGround Management Ltd.
- The landlord is selling as part of an exit from the rental market.
- Located on the fourth and top floor. Stairs only, no lift.
- Please note that there is no lift access; the property is accessed via stairs.
- Water meter installed.
- Council Tax A
- EPC - C
- Internal area - 57 Sq M / 613 Sq Ft
Roof type: Clay tiles.
Water source: Direct mains water.
Electricity source: National Grid.
Sewerage arrangements: Standard UK domestic.
Parking Availability: Yes.
- 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.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- 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
Swan Court, Swan Lane, Coventry, CV2 4NR
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Visit our security centre to find out moreDisclaimer - Property reference suttons_1033172715. 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 Suttons, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.