Ringwood Highway, Coventry, CV2 2GG
1 bed | 1 bath | 1 reception | £105,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
- Ground Floor Apartment
- Gas Central Heating
- Allocated Parking Space
- £81 PCM Service Charge
- Lease: 109 Years Remaining
- EPC Rating 'C'
- Internal Storage
- Tenants in place paying £750 pcm
Cloud9 Estates proudly presents this ground floor modern build apartment with long lease and low service charge. Offered with tenants paying £750 per calendar month until January 2025 - Vacant possession thereafter
THE PROPERTY: Investors: A ground floor modern build apartment with long lease and low service charge. Offered with tenants paying £750 per calendar month until May 2024
Ringwood Highway is located in the Potters Green area of the city, around 3 miles north-east of Coventry City Centre. The location provides very easy access to the M6 motorway network via Hinckley Road and is only a few minutes' drive from Coventry University Hospital. The flat is also located only a minutes' walk from two great local secondary schools - Cardinal Wiseman and Grace Academy.
Also benefitting from a fantastic range of shops and amenities, with the block being opposite Ringwood Highway services. The closest ASDA supermarket is located only three minutes away by car, adding to the convenience of this highly desirable location.
Our property is sold will be sold with tenants in situ and prospective landlords are to expect £750 pcm by our estimates.
On approach, Groveland Court is set behind a hedgerow away from the road and has one allocated parking space in the lot per apartment.
Situated on the ground floor across the communal hall and briefly comprising: One large double bedroom, neutrally decorated throughout. The family bathroom with modern three-piece bathroom suite and shower over bath - having a low-maintenance tiled interior with handy vanity storage unit.
The living area is an open-plan lounge and dining space with attached kitchen, tastefully decorated with modern, grey laminate flooring. The kitchen is well-appointed with fitted appliances including hob and oven.
LIVING ROOM 11' 1" x 11' 3" (3.4m x 3.45m)
KITCHEN 7' 8" x 7' 5" (2.34m x 2.28m)
BEDROOM ONE 11' 7" x 8' 7" (3.55m x 2.64m)
BATHROOM 5' 10" x 5' 7" (1.78m x 1.72m)
INFO: Council Tax Band: 'A'
Local Authority: Coventry City Council
EPC Rating: 'C'
Tenure: Leasehold
Lease Remaining: 109 years
Service Charge: £972 p.a
Ground Rent: £N/A p.a
Whilst great care is taken to ensure all measurements are accurate, they should be considered only as approximations of the maximum distances. The floorplan provided is for guidance only and should not be relied upon for purchasing furniture, fixtures or other. Any intended purchaser is encouraged to take their own measurements.
Please be advised Cloud9 Estates have not sought to verify the legal title of the property or information relating to any lease. Your appointed conveyancer should verify all details for you.
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
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Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
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Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
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