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60 Middleborough Road, Coventry, Coventry, CV1 4DE

£295,000

Description

  • Terraced House
  • filter bedrooms 6 Bedrooms
  • property points 4 Bathrooms

This investment property on Middleborough Road consists of 4 self contained flats. 1x one bedroom (two storey), 2x studios to the rear (top and bottom floor) and 1x three bedroom flat (two storey). Although the property currently receives a brilliant £31,500 per annum to working professionals, it does also benefit from further potential to renovate and/or separate further, as it was previously 8 separate units.

The City Centre location boasts ample amenities nearby and is just an 8 minute walk into town, making this a fantastic opportunity to invest locally.

Key Facts

4x flats (2x Studios, 1x Two Bedroom, 1x Three Bedroom) Current Annual Income £31,500 No Upward Chain City Centre Location Low Maintenance Rear Garden Current Yield 10.34%

In more detail

This investment property on Middleborough Road consists of 4 self contained flats. 1x one bedroom (two storey), 2x studios to the rear (top and bottom floor) and 1x three bedroom flat (two storey). Although the property currently receives a brilliant £31,500 per annum to working professionals, it does also benefit from further potential to renovate and/or separate further, as it was previously 8 separate units.

The City Centre location boasts ample amenities nearby and is just an 8 minute walk into town, making this a fantastic opportunity to invest locally.

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