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Coventry, CV1 2EL

2 The Quadrant
Generator Hall, Electric Wharf, Radford, Coventry, CV1 4JL
SalesGenerator Hall, Electric Wharf, Radford, Coventry, CV1 4JL
 Generator Hall, Electric Wharf, Radford, CV1 4JL
£150,000
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Reception Rooms

Property description

**No chain**Close to Coventry City Centre/Uni/Train station** Could be sold vacant OR with tenant in situ**Long lease** A second floor, one bedroom apartment in a popular gated development of Generator Hall within Electric Wharf. This prime location offers convenient access to numerous local amenities and public transport options, with Coventry City Centre just a short distance away.

The apartment features an inviting entrance hallway leading to a spacious open-plan kitchen and lounge area. The kitchen is equipped with an electric hob, oven, and integrated fridge and freezer. The lounge area provides access to a private balcony, perfect for relaxing and enjoying the views of Coventry Canal. The double bedroom includes a built-in wardrobe, offering ample storage space. The family bathroom is fully tiled and boasts a large shower and a modern white suite.

Additional features of this property include a secure entry phone system, electric heating, and double glazing. This apartment combines contemporary design with practicality, making it an excellent choice for first-time buyers, professionals, or investors.

Don’t miss out on this fantastic opportunity to own a stylish apartment in a sought-after location. For more information or to arrange a viewing, please contact us today.

Good to know:

Currently rented for £925pcm on a monthly rolling contract.

No onwards chain

Tenure: Leasehold with approx 133 years remaining.

Ground rent £150 per annum

Service charge £1,937.40 per annum

Gross rental yield of 7.16% and Net of 5.82%

Internal area: 56 Square meters / 603 Square Foot

The property is located on the second floor, the building has a lift and is 3 / 4 stories tall.

Council Tax Band B

EPC Rating D

Tenure  : Leasehold

  • Ground Rent  :  £150.00 pa
  • Service Charge  :  £1,937.40 pa
  • Length of Lease  :  133 Years

Council Tax Band  :  B

  • Water sources: Direct mains water
  • Electricity source: National Grid
  • Sewerage arrangements: Standard UK domestic
  • Heating Supply: Central heating (electric)
  • Parking Availability: Yes

Property Information

  • Reference number suttons_248264805
  • Property Type Flat
  • Kitchen-Diner Yes
  • Off-road Parking Yes
  • Elevator in Building Yes
  • Tenure Leasehold
  • Current Occupant External Tenant
  • Full Double Glazing Yes
  • Balcony Yes
  • Market infoMarket info

Location

Generator Hall, Electric Wharf, Radford, CV1 4JL

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Stamp Duty Calculator

Completion date before 31st March 2021 Click Here

Single Property

Stamp duty charges for completion date after 31st march 2021

Purchase Price

(Enter numbers only)

Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £125k 0
£125k to £250k 2
£250k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12

Additional Property

Stamp duty charges for completion date after 31st march 2021

Purchase Price

(Enter numbers only)

Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £125k 3
£125k to £250k 5
£250k to £925k 8
£925k to £1.5m 13
rest over £1.5m 15

First Time Buyer

Purchase Price

(Enter numbers only)

Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £300k 0(2/5)*
£300k to £500k 5
£500k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12
*For purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.

Location

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