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£150,000

Generator Hall, Electric Wharf, CV1

  • 1 bed
Flat

£150,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£685 per month

Minimum deposit amount:

£7,500
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Council tax band: B.

Tenure: Leasehold.

Lease remaining (For Leasehold tenure): 133 (in years).
Service charge (For Leasehold tenure): £1 per year.
Ground rent (For Leasehold tenure): £150 per year.

**No chain**Close to Coventry City Centre/Uni/Train station**Could be sold vacant OR with tenant in situ**Long lease** A second floor, onebedroom apartment in a popular gated development of Generator Hall withinElectric Wharf. This prime location offers convenient access to numerous localamenities and public transport options, with Coventry City Centre just a shortdistance away.

The apartment features an inviting entrance hallway leadingto a spacious open-plan kitchen and lounge area. The kitchen is equipped withan electric hob, oven, and integrated fridge and freezer. The lounge areaprovides access to a private balcony, perfect for relaxing and enjoying theviews of Coventry Canal. The double bedroom includes a built-in wardrobe,offering ample storage space. The family bathroom is fully tiled and boasts alarge shower and a modern white suite.

Additional features of this property include a secure entryphone system, electric heating, and double glazing. This apartment combinescontemporary design with practicality, making it an excellent choice forfirst-time buyers, professionals, or investors.

Don’t miss out on this fantastic opportunity to own astylish apartment in a sought-after location. For more information or toarrange a viewing, please contact us today.

Good to know:

Currently rented for £925pcm on a monthly rolling contract.

No onwards chain

Tenure: Leasehold with approx 133 years remaining.

Ground rent £150 per annum

Service charge £1,937.40 per annum

Gross rental yield of 7.16% and Net of 5.82%

Internal area: 56 Square meters / 603 Square Foot

The property is located on the second floor, the buildinghas a lift and is 3 / 4 stories tall.

Council Tax Band B

EPC Rating D

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