Signet Square, Coventry, CV2 4NZ
Sold Subject to Contract
2 beds | 1 bath | 1 reception | Offers over £135,000 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
- Long Lease Remaining
- Allocated Parking Space
- Secure Entry System
- A Short Walk From Coventry City Centre
- Tenants In Situ @ £900 PCM
Attention Investors: A centrally located, modern ground floor apartment sold with tenants in situ paying £900 per calendar month until September 2023!
THE PROPERTY: Attention Investors: A centrally located, modern ground floor apartment sold with tenants in situ paying £900 per calendar month until September 2023!
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.
The property is situated on the ground floor of the block across the communal hallway, handy for those with accessibility issues. Affording one allocated parking space. Currently let on an AST to long-term residential tenants at £900 per calendar month until September 2024, although could expect an uplift to circa £950 PCM.
The accommodation briefly comprises of; two good size bedrooms, both large enough to accommodate a double bed and one having a fitted wardrobe with sliding mirror door. Featuring an open-plan living/dining area which integrates with an adjoining kitchen. With a long family bathroom with three-piece suite and shower over bath.
LIVING/DINING ROOM 15' 8" x 17' 7" (4.80m x 5.38m) Measurement taken into open-plan kitchen
BEDROOM ONE 13' 8" x 8' 2" (4.19m x 2.51m)
BEDROOM TWO 11' 3" x 7' 4" (3.43m x 2.26m)
BATHROOM 4' 11" x 9' 3" (1.51m x 2.82m)
INFO: 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: £1100 p.a
Ground Rent: £100 p.a
Please be advised Cloud9 Estates have not sought to verify the legal title of the property or any information relating to the 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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