4 BED Property For sale

Allesley Old Road, Coventry

£280,000

4 3

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02476 635555

Property details

A perfect investment opportunity situated in a popular residential area and just a four minute drive from Coventry City centre, this mid terrace house (converted into three flats) boasts spacious accommodation and an annual return of £20,100 with a current gross rental yield of 6.7% as it stands. With the current market conditions considered, an annual return of £26400 would be achieved making the gross rental yield 8.8%.

It comprises of a studio flat and a one bedroom flat to the ground floor and a two bedroom upper floor flat.

Externally, the property benefits from a rear enclosed garden and on street parking to the front.

A perfect investment opportunity situated in a popular residential area and just a four minute drive from Coventry City centre, this mid terrace house (converted into three flats) boasts spacious accommodation and an annual return of £20,100 with a current gross rental yield of 6.7% as it stands. With the current market conditions considered, an annual return of £26400 would be achieved making the gross rental yield 8.8%.

It comprises of a studio flat and a one bedroom flat to the ground floor and a two bedroom upper floor flat.

Externally, the property benefits from a rear enclosed garden and on street parking to the front.

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