Sterling House, 112 Walsgrave Road
Coventry
West Midlands
CV2 4ED
Paynes Lane, Hillfields
Asking Price £95,000
2 Bedroom Flat
- EPC Rating: C
- 2nd Floor Flat
- 2 Double Bedrooms
- In Need of Modernisation & Decoration
- Ideal Investment or First Time Buyer Purchase
- 80 Years Remaining The Lease
- Parking Available
- Convenient Location
- Council Tax Band: A
Elite Property is pleased to present this 2-bedroom, second-floor apartment, an excellent investment opportunity or ideal purchase for first-time buyers. While the property requires modernisation and decoration, it offers significant potential. Conveniently located just a few minutes’ walk from Coventry City Centre, it provides easy access to local amenities, shops, and transport links.
The apartment briefly comprises an entrance hallway, a spacious lounge, a kitchen with potential for improvement, two generously sized double bedrooms, and a bathroom. With 80 years remaining on the lease, the annual ground rent is £77.54, and we have been advised that no service charge is payable. However, there is an annual building insurance charge of £390.33.
Currently tenanted and achieving a rental income of £750.00 per month, this property is a fantastic investment. Alternatively, it can be sold with vacant possession and no upward chain, providing flexibility for buyers. Don’t miss this opportunity—contact Elite Property to arrange a viewing today!
Energy Efficiency and Environmental Impact
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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