No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Property

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Property
0 bed
0 bath

Property description & features

  • Tenure: Freehold
A valuable portfolio of 68 freehold ground leases in blocks of two storey self-contained maisonettes, along with two separate lock-up garages. The properties are in established residential districts of Coventry, developed in the 1960's and 1970's.

They are currently held on two separate legal titles, with 58 located in Greendale Road/Overdale Road, Whoberley (plus the 2 garages) and another 10 in Braemar Close, Wyken.

The leases were originally for 99 years and some 45 of the leases have been extended at peppercorn ground rents for a further 99 years. A further 7 have been similarly extended but at higher ground rents than the originals. 16 remain on the original leases and ground rents with 11 ending in 2064 and 5 in 2072. The current combined ground rent and garage rental income is £2,694.00 per annum. A schedule of the leases is available on request.

Please note that a director of the selling agents is a trustee for the vendor estate.

Property information from this agent

Places of interest

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    Coventry estate agents Payne Associates are leading independent estate agents with four offices across the Coventry area. Our branches are in prominent and busy locations at Albany Road, Earlsdon, New Union Street, City Centre, Daventry Road, Cheylesmore and Walsgrave Road, Walsgrave. We offer all traditional estate agency services but with a modern and forward thinking philosophy utilising the latest technology where possible, but retaining the personal approach and professional standards for which we have become renowned. We believe that our coverage and experienced team are unrivalled within the city enabling clients to confidently entrust us with their property matters. As licensed NAEA and ARLA agents and as an RICS regulated firm we pride ourselves on our personal commitment and enthusiastic professional approach. We utilise prominent local advertising and extensive internet coverage in the marketing of your property and have become renowned for our eye catching green oval sign boards. If you are thinking of selling or renting your property we offer free appraisals to potential sellers and landlords. Call us now for FREE initial professional advice.

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    Property reference 30403100. 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 John Payne Estate Agents - City Centre.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    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

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.