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Situated in a highly convenient location close to Nuneaton town centre, this fantastic freehold property presents an exceptional investment opportunity within the buoyant and fast growing rental market of North Warwickshire.
The offering comprises two well proportioned one bedroom apartments, located on the ground and first floors respectively. Each apartment benefits from private off street access, ensuring independence and privacy for tenants. Both follow a similar and highly functional layout, beginning with a spacious front facing bedroom enhanced by attractive bay windows and built in storage.
A central living dining room forms the heart of each property, leading through to an extended and well equipped breakfast kitchen featuring a range of wall and base units along with an integrated oven and hob. To the rear of each unit, you ll find a generous shower room and additional storage space.
The apartments are both in good condition and, with only minor cosmetic improvements, are ready for immediate occupancy. Offered with vacant possession, the anticipated monthly rental income stands at £750 per apartment, totalling £1,500 PCM, which provides an impressive 10% gross yield a strong return for a freehold residential lettings investment.
Furthermore, the property offers potential for future reconfiguration, including possible conversion into a House in Multiple Occupation HMO , subject to the necessary planning consents and local authority approval.
This is a rare opportunity to acquire a ready made investment with high yield potential in a prime town centre location.
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