This property is no longer on the market
2 bedroom end of terrace house
Key information
Property description & features
- Investment Opportunity
- Renovation Project
- Ideal Student Let Location
- 0.5 Miles to Coventry University
- City Centre Location
- Two Double Bedrooms
- Two Reception Rooms
- Large Rear Garden
- Excellent Transport Links
- Close To Amenities
INVESTMENT OPPORTUNITY! IDEAL STUDENT LET!
Offered to the market is this spacious, two bedroom terraced property on Carmelite Road, in a prime student-let location.
The property does require a full renovation, however offers excellent potential for an investor to modernise, remodify and reconfigure with the view to letting to students on a room by room basis, with current rental prices being approximately £550pcm, per room. On a single let basis, the property would be likely to achieve an excellent rental yield of approximately 7% per annum.
The location boasts excellent transport links via the Coventry Ring Road, A45, M42, M6, local bus routes and is just 1.2 miles from Coventry Train Station. Carmelite Road is also approximately 0.5 miles from Coventry University.
Amenities are readily available via local shops and supermarkets and Coventry City Centre is approximately 0.5 miles away.
The property comprises of:
Approach
The property is approached via tarmac path leading to front door.
Hallway
Having double glazed composite front door, laminate flooring, light point to ceiling, glazed wooden door and stairs to first floor.
Lounge (10'2'' x 8'2'')
Having laminate flooring, double glazed window, central heating radiator, light point to ceiling, chimney breast and fireplace with surround.
Dining Room (11'5'' x 10'10'')
Having laminate flooring, central heating radiator, light point to ceiling, double glazed composite patio door, under-stairs storage and spotlights to ceiling.
Kitchen (11'4'' x 5'10'')
Having tiled flooring, double glazed window, light point to ceiling, matching wall and base units, double sink, built-in oven and hob, space and plumbing for appliances.
Bedroom One (11'5'' x 9'10'')
Having carpet flooring, central heating radiator, double glazed window, light point to ceiling and built-in cupboard.
Bedroom Two (11'5'' x 11')
Having carpet flooring, central heating radiator, double glazed window and light point to ceiling.
Bathroom
Having tiled flooring, radiator, double glazed window, light point to ceiling, bath with shower over and glass shower screen, pedestal wash hand basin and low level WC.
Rear Garden
Having concrete pathway, lawn, brick and wooden fence panel borders.
The tenure of this property is Freehold. Council Tax Band A.
Places of interest
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Property reference S394268. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Edwards & Gray - Birmingham.
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 5, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on June 16, 2008 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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