CONFIDENTIAL SALE
FOR SALE
22/09/19
89
Due to retirement in the near future and relocation I am putting this Residential investment property discreetly on the market.
It is located in central Coventry, a city which has a very successful university and attracting large number of overseas students. The City has seen huge investment in student lets over the past five years. I have avoided this however, and the property presently has a mix of working tenants and a benefit claiment.
The property is in excellent condition having being refurbished two years ago and is sub-dived into three flats units.
The gross income is presently 24,000 approx and after expences a net income of 19,000 approx.
I will be looking for offers in the region of 240,000 . On this figure net yield will be 8% approx.
Preference will be given to cash buyers with proof of funds presented to my solicitor.
For further information please contact me.
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