2 Bedroom Flat for Sale

Paynes Lane, Hillfields

Guide Price £95,000

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Key Features

EPC Rating: C
2 Double Bedrooms
Ideal Investment or First Time Buyer Purchase
Parking Available
Council Tax Band: A

2nd Floor Flat
In Need of Modernisation & Decoration
80 Years Remaining The Lease
Convenient Location

Full Description

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!

More Information from this agent

PAYNES LANE, HILLFIELDS

BROCHURE

Energy Performance Certificates (EPCs)

EPC