£145,000

2 Bedroom Apartment for Sale

Name: Up Estates
Address: 6 Orchard Court, Binley Business Park, Coventry, Warwickshire, CV3 2TQ, GB
Telephone: 02477710780
Rating: 4.91

Bankside Close, Coventry

£145,000

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Key Features

EXTENDED LEASE OF 172 YRS REMAINING WITH PEPPERCORN GROUND RENT
SOUGHT AFTER LOCATION NEAR AMENITIES & JLR
FANTASTIC FIRST TIME PURCHASE

GARAGE EN BLOC
WELL MAINTAINED COMMUNAL GROUNDS & SEATING AREA
CIRCA 7.5% GROSS YIELD FOR INVESTORS

Full Description

**EXTENDED LEASE - LOWER GROUND FLOOR TWO BEDROOM APARTMENT - GARAGE EN BLOC - SOUGHT AFTER LOCATION NEAR JLR & AMENITIES** This is a fantastic opportunity to purchase a well presented two bedroom lower ground apartment with a long lease and garage en bloc! Boasting cavity wall insulation, peppercorn ground rent, and a recently fitted deadlock door. This home is situated in the sought after and highly regarded Bankside Close. If you are an investor this property offers an attractive gross yield of circa 7.5%. This property boasts a well presented interior and in brief comprises; Hallway, Two Double Bedrooms, Lounge/ Diner, Kitchen and Bathroom. Externally the property offers Off Road Parking, Garage En Bloc and is situated in well maintained grounds. Viewing recommended to not miss out on this property. The property benefits from being lower ground floor looking out onto a communal paved seating area.

Important Note To Purchasers - Intending purchasers will be asked to produce identification documentation for Anti Money Laundering Regulations at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.

All measurements have been taken as a guide to prospective buyers only and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.

All fixtures and fittings ultimately are to be agreed with the seller via the fixtures and fittings form which will then form part of a legal contact through the conveyances and as the marketing estate agent none of our particulars or conversations are legally binding, only the legal solicitor paperwork.

Up Estates has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Property Information Summary - ROOM MEASUREMENTS:

Approximate room dimensions and approximate total floor area are included within our floor plan.

USEFUL MATERIAL INFORMATION:

Approximate Age of the Property: Circa 1969
Council Tax Band: A
Local Authority: Coventry City Council
Tenure: Leasehold
Maintenance or Service Charges: Annual Ground Rent - ?5.00, Annual Service Charge - ?1,500
Lease: Circa 172 years remaining
EPC Certificate Rating: D
Approx. Total Floor Area: 730.00 ft2
Outside Space Brief Description: Communal Courtyard
Selling Vendors Onward Position: No chain
Heating System: Storage Heaters, Immersion Tank
Consumer Unit Location: Hallway
Type of Windows: Double Glazed
Miscellaneous Info: No pets