Sold STC
£180,000

2 Bedroom Apartment, Marlborough Road, Nuneaton, CV11

Marlborough Road, Nuneaton, CV11


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Carters Estate Agents

66 St. Nicolas Park Drive, Nuneaton

Description

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.

Key Features

  • 2 x 1 Bedroom Apartments
  • Turn Key Investment - 10% Gross Yeild
  • Excellent Town Centre Location
  • Freehold Apartments - NO GROUND RENT/SERVICE CHARGE
  • ONLY AVAILABLE AS JOINT PURCHASE
  • EXCELLENT INVESTMENT OPPORTUNITY
  • SEPARATE ACCESSES & OUTDOOR SPACE
  • POTENTIAL FOR FURTHER CONVERSION (HMO)(SUBJECT TO LICENCE)

Property Details

  • Property type: Apartment
  • Plot Sq Feet: 1,475 sqft
  • Council Tax Band: A
Please note, property and plot sizes displayed are for guidance purposes only and may have been derived from publicly available information over which neither the agent nor Street.co.uk have control.

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Disclaimer - Property ID a7b6dfa0-8c02-432c-ada5-c38e7a20cf6b. The information displayed about this property comprises a property advertisement. Street.co.uk and Carters Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.