*Duplex*Gross potential yield of 9.66%*Close to Hospital*Ideal first time buy or investment*New roof*
Suttons are proud to offer for sale a spacious two double bedroom duplex apartment located in the popular residential area of Wyken. The area boasts a wealth of local amenities such as St Gregory & Richard Lee primary schools, Caludon Castle secondary school, 10 min drive to Walsgrave hospital, close connectivity to M6, A444, Coventry City Centre, Coventry University, Binley industrial estate and Business park.
Briefly comprising of entrance hallway, storage cupboard, modern fitted kitchen with oven, gas hob and space for appliances, lounge/diner with additional storage cupboard. Raising to the first floor are two double bedrooms with storage, tiled family bathroom with an electric shower over the bath and a separate toilet, the landing hallway has two further storage cupboards. Other features include double glazing and gas central heating throughout, secure entry phone system, no onwards chain, recently replaced roof and long lease. Please see our virtual 360 viewing tour and then contact the office to book a viewing.
Good to know:
Tenure – Leasehold. 99 Years remaining
Ground Rent - £10pa.
Service charge - £1,500 pa.
Internal area – 698 Sq ft / 64.7 sq M
EPC – C
Boiler – located in bedroom 2, installed 2012. Checked annually.
No onwards chain
If the property was rented, we expect £950pcm, giving a gross yield of 9.66% or Net of 8.38%
Council Tax Band – A.
Please not there is no lift within the building.
Street Parking.
Tenure : Leasehold
Council Tax Band : A
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
The friendly and proactive team at Suttons boasts over 77 years of combined experience, spanning three decades within the local property market of Coventry and the surrounding areas.
info@suttonsestates.com 02476525111
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