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3 bedrooms house for sale in Coventry, United Kingdom

170 000£

Station Street East‚ Coventry‚ CV6

Features

  • ** ideal first time purchase or investment! **
  • ** tenants in situ @ £850.00 pcm! **
  • ** can be purchase with tenants or vacant possession! **
  • Deceptively spacious halls together mid terrace home
  • Impressive living room with bay window
  • Spacious dining room with rear views
  • Fitted kitchen
  • Three piece family bathroom
  • Three well proportioned bedrooms
  • Upvc double glazed & gas central heating system

Property description

Based on the given description, the property is located at Station Street East, Coventry, and priced at £170,000. The property appears to be an attractive option for both first-time buyers and investors due to its affordable price and the fact that it comes with a tenant in situ, generating a passive income for the new owner. From a buyer's perspective, the property's estimated annual income of £10,200 (£850 PCM x 12 months) makes it an attractive investment opportunity with a potential annual return of 6.00% (£10,200 / £170,000) if the rent remains consistent. However, it is essential to consider other factors such as property expenses, interest rates, and the local rental market when estimating the overall return on investment. As a lifestyle purchase, the property's location in Coventry provides amenities, transport links, and potential job opportunities. The EPC rating of C might attract buyers who value energy efficiency, while being able to purchase with vacant possession could also be appealing. Ultimately, the style and layout of the property, as well as personal preferences, will determine whether the property is the right fit for a lifestyle purchase.

Location

Date added: 24.07.2024

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