21 - 22 Warwick Row
Coventry
Warwickshire
CV1 1ET
Castle Hill, Kenilworth, CV8
Guide Price £375,000
3 Bedroom House - Mid Terrace
Nestled in the historic Castle Hill of Kenilworth, this charming property offers a unique investment opportunity. The Grade II listed building boasts a current rental income of £24,000, providing a solid 6.4% yield with a 10-year lease and 3 yearly rent reviews.
Situated near the iconic Kenilworth Castle and Abbeyfields, this property is not just a place to invest/live in but a piece of history to own. The retail premises is occupied by the well known 'Time for Tea Prossers Ltd' on a 10 year lease from August 2022. The accommodation comprises of 620sq ft of retail space with cosy entrance, trading area, good seating area for consumers and kitchen. Its an ideal place to stop for a coffee and watch the world go by.
The living accommodation, spread across two floors, is not self-contained, allowing seamless access through the retail premises which makes it the perfect place to live and work. Ideal when wanting to keep an eye on your daily business.
With two bedrooms and one bathroom, this property offers versatile living space, the third bedroom was transformed into a kitchen area to allow occupiers to live separately to their everyday life. The upstairs features a two-bedroom residential home, while the master bedroom is located on the top floor which is beautiful with beams , providing privacy and tranquillity and cottage theme.
Don't miss out on this exceptional opportunity to own a piece of Kenilworth's history while enjoying a steady rental income. Embrace the charm and character of this Grade II listed property and make it your own today. Invest in a beautiful area with a successful history and make your investment work for you.
Ground Floor
Entrance
Seating Area
3.81 x 3.78 (12'5" x 12'4")
Seating Area
3.73 x 3.02 (12'2" x 9'10")
Seating Area
4.92 x 2.63 (16'1" x 8'7")
Kitchen
4.26 x 2.38 (13'11" x 7'9")
W/C
First Floor
Lounge
3.85 x 3.80 (12'7" x 12'5")
Bedroom
3.75 x 3.08 (12'3" x 10'1")
Kitchen
4.20 x 2.55 (13'9" x 8'4")
Bathroom
Study
3.86 x 2.38 (12'7" x 7'9")
Second Floor
Bedroom
6.34 x 3.95 (20'9" x 12'11")
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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