Interesting freehold residential investment.
A purpose built pre-war block of fourteen two-bedroom unfurnished apartments. Conveniently situated within easy reach of Coventry City Centre and University.
The properties are freehold, unfurnished and let out on Assured Shorthold Tenancies. The tenants are mostly long term with a low turnover and the flats are fully occupied. There is certainly potential for future rental growth to increase the current gross yield which is 5.66%. The properties are freehold and being sold subject to the existing tenancies. On street parking is readily available.