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£140,000

Coventry Road, Sheldon, B26

  • 1 bed
Flat

£140,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£639 per month

Minimum deposit amount:

£7,000
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This fabulous 1 bedroom apartment is a fantastic investment opportunity, situated in a sought-after location. The property boasts a range of desirable features that make it an ideal purchase for both first-time buyers and buy-to-let investors.

Inside, the apartment offers a bright and airy living space, complete with a spacious open-plan kitchen and living area. The contemporary design and high-quality finishes create a sleek and modern feel throughout. The bedroom is generously sized and benefits from ample natural light, providing a comfortable and tranquil space. Additionally, the property includes a car parking space, ensuring convenient and hassle-free parking for residents.

One of the standout features of this property is the low service charge, making it an attractive choice for buyers looking to keep ongoing costs to a minimum. Furthermore, this apartment is sold with the tenant in situ, presenting an excellent opportunity for investors to secure a reliable rental income from day one. With no upward chain, the purchase process will be smooth and efficient.

In summary, this 1 bedroom apartment presents an exceptional opportunity for buyers and investors alike. With its prime location, modern design, car parking space, low service charge, and tenant in situ, it is a highly desirable property. The delightful communal garden further adds to its appeal, ensuring residents can enjoy the benefits of both indoor and outdoor living. Don't miss out on this fantastic property - arrange a viewing today!

Lease Length - 197 Years Remaining

Ground Rent - £250 Per Year

Service Charge - £744 Per Year

Rental Rate - £750 Per Month (£9,000 Per Year)

Gross Yield - 6.43%

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£639 per month
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Mortgage and legal costs:
£999
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