Signet Square, Coventry, CV2 4NZ
Sold Subject to Contract
2 beds | 1 bath | 1 reception | £130,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
- Gas Central Heating
- Recently Refurbished
- Secure Entry System
- Brand New Bathroom
- Allocated Parking
- Low Service Charge
- Tenants in situ (£850) until April 2024
- Second Floor
Attention Investors: An attractive buy-to-let opportunity within 15 minutes' walk of the city centre and tenants in situ paying £850 per calendar month until April 2024.
THE PROPERTY: Attention Investors: An attractive buy-to-let opportunity within 10 minutes' walk of the city centre and tenants in situ paying £850 per calendar month until April 2024.
Signet Square is a modern development of houses and apartments located just outside of Coventry City Centre, bordering a green with children's play area. A short walk of 10 minutes will take you into the town centre or local Ball Hill shopping parade with an excellent selection of amenities. Families and working professionals will similarly benefit from local schools within walking distance, park grounds and the A444 only a two-minute drive away for quick travel around the city.
Our property is situated on the second floor of the building up a few flights of stairs and along a communal hallway. Affording one allocated parking space. Currently let at £850 PCM until April 2024. The property was let prior to renovations and similar apartments let for circa £950 PCM comfortably.
The accommodation briefly comprises: an entrance hallway with built in storage cupboard and plenty room for shoe and coat racks. Two good sized bedrooms, the main having double doors out to a Juliet balcony. An open-plan living and dining room with adjoining fitted kitchen. Having recently been refurbished including a new bathroom and tiling throughout.
Seller's position: No Chain
Council Tax Band: 'A'
Local Authority: Coventry City Council
EPC Rating: 'C'
Tenure: Leasehold
Lease Remaining: 132 years
Service Charge: £1104.95 p.a
Ground Rent: £81.62 p.a
LOUNGE/DINER 14' 1" x 13' 11" (4.31m x 4.25m)
KITCHEN 8' 4" x 9' 0" (2.56m x 2.75m)
BATHROOM 8' 4" x 5' 2" (2.56m x 1.6m)
BEDROOM ONE 12' 5" x 8' 4" (3.80m x 2.55m)
BEDROOM TWO 8' 5" x 7' 6" (2.59m x 2.29m)
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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