Freehold residential investment block in Coventry - 11 residential units and 1 retail unitFlat, Retail - Out of Town, Mixed Use, Retail, Residential, Other Property Types & Opportunities
Location: 155 - 161b Albany Road, Coventry, CV5 6NDGBCoventryWest MidlandsCV5 6ND155 - 161b, Albany Road
Property type: Flat, Retail - Out of Town, Mixed Use, Retail, Residential, Other Property Types & Opportunities
Tenure: Investment Opportunity, For Sale Freehold
Location: 155 - 161b Albany Road, Coventry, CV5 6ND
Conveniently located close to the centre of the highly sought after area of Earlsdon, Coventry, with easy access to the City Centre and Railway Station. The flats are let on Assured Shorthold Tenancies and are all let. The retail unit is let until at least 2021. There is certainly potential for future rental growth to increase the current gross yield which is 5.21% and current gross rental income £78,160pa. Sold subject to the existing tenancies.