Drapers Fields, Canal Basin, Coventry CV1 4RB

Drapers Fields, Canal Basin, Coventry CV1 4RB

** INVESTORS ONLY - CURRENT RENTAL INCOME OF £9000PA ** This well presented one bedroom top floor apartment within walking distance to Coventry City Centre benefits from double-glazing and electric storage heating. Comprises of a spacious lounge, modern fitted kitchen with a range of wall and base units and integrated electric hob and oven, part tiled bathroom with white suite and shower cubicle with electric shower. Other features include allocated parking, pantry and secure entry phone system.

Hallway - 2.82m x 1.73m (9'3" x 5'8") - Entrance hallway with two built in storage cupboards.

Bathroom - 1.86m x 1.70m (6'1" x 5'7") - Part tiled bathroom with white suite to include shower cubicle, W/C and hand wash basin.

Kitchen - 3.63m x 2.38m (11'11" x 7'10") - Double glazed window to rear, range of wall and base units with integrated electric hob and oven. Also benefits from built in pantry cupboard.

Bedroom - 2.82m x 3.46m (9'3" x 11'4") - Double glazed window to side, double room with carpet.

Lounge - 3.63m x 4.61m (11'11" x 15'1") - Dual aspect double glazed windows, spacious lounge with carpet.

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.

Agent Notes 1. Anti-Money Laundering (AML) Regulations – All named purchasers and anyone gifting funds will be asked to produce identification documentation before proceeding to instruction of solicitors and we would ask for your co-operation in order to proceed to agreeing the sale as soon as possible.
2. Source of Funds - All named purchasers and anyone gifting funds will be asked to produce evidence of the source of their funds before proceeding to instruction of solicitors.
3. These particulars do not constitute part or all of an offer or contract.
4. Any measurements indicated are intended for guidance only and as such must not be relied upon and any interested parties are advised to confirm any measurements before committing to any offer.
5. Archer Bassett has not tested any equipment, appliances, fixtures, fittings or services.

Leasehold Information 161 years on the lease.
Ground Rent is Zero
Service charge is is £100pcm (£1200pa)
Current rental income of £9000pa. Fixed term tenancy in place until 30/09/2025

Council Tax band: A

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