Formerly a single residential dwelling, the building has been expertly converted to provide a self contained 1 bedroom apratment, a studio and an en-suite bedroom at ground floor, along with a kitchen and social space and a seperate laundry. At first floor level are a further 4 en-suite rooms. Each room comes with a fully fitted bathroom and bedroom furniture, with fit out completed to a high specification. The common area includes extended kitchen facilities and large dining table. Extenally the property has been landscaped to the rear with block paving to provide nice split level seating areas and bbq.
The property is leased in its entirety to a residential agent at a net rent of £XXX per annum who then takes care of all of the underleases and management problems, this agreement is fully transferable with the sale.
( Agency Pilot Software Ref: 1921 )
Location
17 Welland Street is situated at the western end of the road, linking to Terry Road at one end and St George's Road at the other. Situated in the Gosford Green area of Coventry City, it is about 800m from the city centre and within short walking distance from Coventry University. Coventry train station is a 20 minute walk, providing direct line acces to London and Birmingham in under an hour. The surrounding locale is dense residential, a lot of it historically used as student housing
Accommodation
Bed 1 306 sq ft (28.42sq m )
Bed 2 165 sq ft (15.36 sq m)
Bed 3 241 sq ft (22.34 sq m )
Total 1,619 sq ft (150.43 s qm )
Terms
Tenure Freehold purchase, subject to a management tenancy on the whole house at Net Rent of £XXX pa
Services All mains services are connected.
EPC The house has a current EPC Rating of C - 77
Specification
• Virtual Tour available - https://my.matterport.com/show/?m =iNszSj9UXqW
• Hands off investment with strong return
• Mixture of 1 bed apartment, studio and en-suite rooms
• Potential student and young professional occupation
• Potential for rental growth should you take on the management