Morfa Gardens, Coundon, Coventry CV6 1PX

£80,000
Studio
1 Bedroom
1 Bathroom
0 Receptions
KEY FEATURES:
  • POPULAR DEVELOPMENT
  • IN NEED OF REFURBSHIMENT
  • POTENTIAL YEILD OF 10.5%
  • STUDIO WITH LOTS OF NATURAL LIGHT
  • COMMUNAL CAR PARK
  • WELL KEPT COMMUNAL GARDENS
  • PRIVATE GARAGE
Tenure: Leasehold
  • GROUND RENT: £10 per year (ask agent about the review period)
  • ANNUAL SERVICE CHARGE: £839
  • LENGTH OF LEASE: 81 years left

Morfa Gardens, Coundon, Coventry CV6 1PX

***NO ONWARD CHAIN*** Requiring cosmetic refurbishment this spacious first floor studio flat is within easy walking distance to local amenities and benefits from double glazing and central heating throughout. Comprises of lounge/bed sitting room with dual aspect windows allowing for plenty of natural light, separate fitted kitchen with a range of wall & base units and a fully tiled bathroom which has a neutral suite incorporating W/C, hand wash and a bath with shower over. Other features includes well kept communal grounds, a private garage en bloc and a communal car park. This studio would make an ideal investment and has the potential to achieve a rental income of around £8340PA.

Living Area - 2.96m x 5.43m (9'8" x 17'9" ) - Double glazed dual aspect windows allowing for plenty of natural light, spacious living area.

Kitchen - 1.93m x 2.79m (6'3" x 9'1") - Double glazed window to rear, good size kitchen with built in storage cupboard.

Bathroom - 2.12m x 1.86 (6'11" x 6'1") - Double glazed window to rear with privacy glass, fully tiled bathroom with neutral suit to include bath with electric shower over, w/c and hand wash basin

Garage Garage en bloc with an up and over door.

About the development.... Morfa Gardens has been a popular development since it was first built in the 1960's. The spacious flats and studios are thoughtfully set out in smaller blocks with access to well kept, mature communal green areas and parking spaces. It is a sought after apartment complex situated in the heart of Coundon, within easy reach of local amenities and transport links.

Tenure - Leasehold The agent has been informed that the property is offered leasehold however any interested party should obtain confirmation of this, along with any ongoing associated costs such as ground rent and service charges, via their own solicitor or legal representative. Any costs stated in these particulars have been provided by the vendor and have not been verified by the agent.

Viewings Viewings are strictly by appointment only via Archer Bassett.

Council Tax band: A

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