**ATTENTION INVESTORS**GROSS YIELD OF 8%**A well-presented ground floor one bedroom apartment located in Stoke, close to Coventry City Centre, University and with great transport links to Walsgrave hospital. Briefly comprising of entrance hallway, one double bedroom with built-in wardrobe, storage cupboard, part tiled white suite bathroom with a shower over the bath, open plan kitchen/lounge with modern fitted kitchen with oven, gas hob, space for appliances. Other features include a secure entry phone system, double glazing, gas central heating with Combi boiler, and one allocated parking space.
Good to know:
The property is rented on a fixed term AST until July 2024 at £700pcm.
Energy Rating - C
Council Tax band A = £1457 (approx.)
Flat location – Ground floor, car park facing.
EICR, Gas safety and EPC are valid and in-date.
Combi boiler is located in the kitchen.
Leasehold:
Ground rent: £82 pa. £41 every 6 months.
Service charge: £890 pa (approx.)
Years on lease: 132 years (approx.)
Management company - KT Management company
Tenure : Leasehold
Council Tax Band : A
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
The team at Sutton's boasts more than 40 years of combined experience spanning three decades, our knowledge of Coventry and the surrounding villages..
info@suttonsestates.com 02476525111
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