Generator Hall, Electric Wharf... 2 bed flat for sale

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Generator Hall, Electric Wharf... 2 bed flat for sale

Generator Hall, Electric Wharf, Radford, CV1 4JL
£170,000

Price History

Initial price £175,000
03/08/24 £170,000
Price Change -2.86%

Description

This ground-floor, two-bedroom apartment in the sought-after Electric Wharf community offers a prime location with easy access to Coventry City Centre, university, and train station. The property features an open-plan kitchen/lounge with modern amenities, two double bedrooms, and a fully tiled family bathroom. The apartment also comes with a private balcony, secure entry phone system, and one allocated parking space in the multi-storey car park. Currently rented for £1,150pcm on a company let for 24 months, this property offers a gross rental yield of 7.89% and a net yield of 6.64%. With no chain and a leasehold tenure with approximately 133 years remaining, this is an ideal investment opportunity for professionals, couples, or small families.