£89,500
Dillotford Avenue, Cheylesmore, Coventry, CV3
- 1 bed
£89,500
- 1 bed
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Tenure: Leasehold.
Lease remaining (For Leasehold tenure): 103 (in years).
Service charge (For Leasehold tenure): £628.06 per year.
Ground rent (For Leasehold tenure): £10 per year.
**Ideal investment or first time buy**potential gross yield ofover 10%** Close to Jaguar Land Rover**No chain** Suttons offers for sale afirst floor one bedroom apartment in the popular residential location ofCheylesmore. The area boasts a wealth of local amenities such as the number 17abus stopping right outside (15 mins from here to Coventry train station),Londies convenance store and garage just at the bottom of the road with an EVCharger and Cash point, Howes community primary school, Quinton Park & Parade,Asda, and just a 5 minute drive to JaguarLandRover, Whitley.
Briefly comprising of communal entrance hallway with asecure entry door, stairs rising to the first floor where you will find an externalstorage cupboard for exclusive use, a dustbin shoot and an area for drying ofclothes if the weather is bad and of course the entrance to the property.
Entering the property into the hallway you will be lead tothe part tiled wet room with an electric shower and storage cupboard, lounge/diner,a spacious double bedroom and a fitted kitchen with space for appliances. Outsideyou will find communal lawned gardens and an area for hanging/drying ofclothes. Other features include double glazing, electric storage heating, a modern immersion water heater tank, noonwards chain, recently refurbished communal areas, and a secure entry phonesystem. The property would benefit from a cosmetic refurbishment in areas andhas been priced to reflect this. Please contact the office today to arrange a physicalviewing.
Good to know:
Tenure – Leasehold.
Lease length - 103Years remaining. (started February 2002 for 125 years)
Ground rent - £10 per year. (1st Oct 2023 to 30thSept 2024)
Service Charge - £628.06 per year (1st Oct 2022to 30th Sept 2023)
Management company – Citizen Housing
The property is ex local authority
Internal area – 484 Square foot / 44.9 square meters
If fully modernised we estimate the property will achieve£750pcm - £800pcm
Council Tax Band – A - £1530pa
EPC – D
Floor plan - Attached.
There is no gas within the property, electric only.
Water is metered.
Parking – Street parking only.
Stairs only, no lift.
External storage cupboard in the hallway - 4th one / the one at the end of the hallway
Property sold vacant, no chain, with probate granted19.06.24
Measurements in foot
Wet room/Bathroom – 11.74 x 4.83
Lounge/Diner – 18.46 x 9.98
Bedroom – 11.70 x 11.13
Kitchen – 7.46 x 5.77
External storage cupboard – 5.69 x 2.53
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