Flat for sale in Coalville LE67, 3 Bedroom
Quick Summary
- Property Type:
- Flat
- Status:
- For sale
- Price
- £ 215,000
- Beds:
- 3
- Baths:
- 3
- Recepts:
- 3
- County
- Leicestershire
- Town
- Coalville
- Outcode
- LE67
- Location
- Park Road, (x1 Commercial & X2 Flats), Coalville LE67
- Marketed By:
- AKS Residential
- Posted
- 2018-11-02
- LE67 Rating:
- More Info?
- Please contact AKS Residential on 01332 494393 or Request Details
Property Description
1a Park Road, Coalville, Leicestershire. LE67 3AE
Investment property, comprising of two flats and one retail unit.
Corner Location.
The two flats have both been recently refurbished.
Current annual rental return of £15,360
For sale
Offers around £215,000
Location
The property is located on Park Road, Coalville at the junction with London Road. All local amenities including shops, restaurants and railway station are located within close proximity.
The A511 & M1 main roads are both within easy reach providing access to Burton, Ashby, Derby, Nottingham and the West Midlands.
Description
The premises currently are made up of two self-contained flats and a retail unit.
The property is predominantly of two-storey brick construction, under a pitched tiled roof, with predominantly UPVC double glazing throughout.
Services
We believe that mains gas, electricity, water and drainage are all connected to the property.
Business rates
We understand from our enquiries on the voa website, that the property is assessed for non-domestic rating purposes as follows: -
Description Rateable Value – Retail unit £2,250
Council tax
From enquiries on the voa website, the residential element of the property (Both flats), have a council tax banding of 'A' with North West Leicestershire Borough Council.
Energy performance certificate (EPC)
Retail unit – To follow
Ground floor flat – 48/74 & 43/75
First floor flat – 45/62 & 39/56
Copies of the certificates are available upon request. They can also be viewed at the .Gov online page for EPC registrations.
Current rental returns
Retail unit - £390 pcm – 3 Year lease
Ground floor flat (1 bed) - £440 pcm - ast
First floor (2 bed) - £450 pcm - ast
Current total annual rental return - £15,360 (Based upon the marking price of £215,00 – This equates to a yield of 7.14%)
Price
Offers are invited around £215,000 (two hundred and fifteen thousand pounds)
Property Location
Marketed by AKS Residential
Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by AKS Residential. estateagents365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact AKS Residential for full details and further information.