Mandara Point, Coventry

1 bedroom Apartment for sale

£120,000

  • 1 bedroom
  • 1 bathroom
  • 1 reception
  • Key Information:
  • Council Tax: A
  • Tenure: Leasehold

Key Features

  • Walking distance to Coventry University and City Centre
  • £1,200 PCM Income Potential
  • Secure Gated Development
  • Extremely Long Lease
  • On-Site Parking
  • Modern Layout
  • En-suite Bedroom
  • Air Conditioning in Living Room
  • Integrated Kitchen Appliances
  • Gas Central Heating & Double Glazing

Description

ABOUT THE PROPERTY This attractive one-bedroom mid-floor duplex apartment is located within an exclusive gated development in CV1 4AF, offering a blend of modern city living and secure comfort. The property benefits from gas central heating and double glazing throughout, making it both energy-efficient and cozy year-round.

Conveniently situated for Coventry City Centre and Coventry University, the apartment is ideal for professionals, students, or investors. On the ground floor, you'll find an entrance hall, a useful store cupboard, a guest WC, and a spacious double bedroom complete with an en suite shower room. Stairs lead up to the first floor where a bright and airy living room awaits, enhanced by an air conditioning unit for added comfort. The adjoining kitchen area is well-equipped with integrated appliances, perfect for contemporary living.

The development includes secure on-site parking, adding peace of mind and convenience. The property is currently let at £1,000 per calendar month (exclusive of bills), with potential to increase rental income to approximately £1,200 PCM, making it a strong buy-to-let opportunity or a smart first purchase.

This is a leasehold property with the lease expiring in 2132. The current ground rent is £100 per annum, and the service/maintenance charge is £1,026.38 per year, reviewed annually. Please note that lease details are provided for guidance only and should be verified by your solicitor.

Important Note To Purchasers

As part of compliance with Anti-Money Laundering Regulations, prospective purchasers will be required to provide identification documents at a later stage. Your cooperation in this matter is appreciated to ensure there are no unnecessary delays in the sale process.

While we strive to provide accurate and reliable sales particulars, they do not constitute or form part of any offer or contract. No information provided should be relied upon as a statement of fact. Additionally, any services, systems, or appliances listed have not been tested by us, and we make no guarantees regarding their functionality or efficiency.

All measurements are intended as a general guide for prospective buyers and may not be exact. Some details may be subject to vendor approval. If you require further clarification, particularly if you are traveling a significant distance to view the property, please contact us.

The final agreement on fixtures and fittings will be determined between the buyer and seller through the official fixtures and fittings form, which will form part of the legal contract handled by the conveyancing solicitors. As the marketing estate agent, none of our particulars or discussions are legally binding, only formal solicitor documentation holds legal weight.

Cloud9 Estates has not verified the legal title of the property, and buyers are advised to seek confirmation through their solicitor.


ENTRANCE LOBBY

LIVING ROOM

KITCHEN AREA

DOUBLE BEDROOM

ENSUITE

GUEST WC


Location


Floorplan

Floorplan for Mandara Point, Coventry

EPC

EPC for Mandara Point, Coventry

*This mortgage calculator is provided for general information purposes only. It's intended to provide you with an estimate of your potential mortgage payments and does not constitute an offer of finance or advice. The calculations are based on the information you provide and do not take into account your individual needs and circumstances.

The calculator does not include all the costs you will need to pay when taking out a mortgage. Your actual mortgage payments may be higher or lower than the estimates provided by this calculator. The interest rates used in the calculations are subject to change and may not reflect the actual rates available in the market.

Please note that the calculator does not consider changes in interest rates over time, early repayment charges, or any other fees and charges that may apply to your mortgage. You should always seek professional advice before making any financial decisions.

Remember, your home may be repossessed if you do not keep up repayments on your mortgage.

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