Property description
Are you looking for a quality investment property? Take advantage of a stunning apartment with a share of the freehold of a small, recently converted, luxury development of high spec properties in Dunchurch. Gross yield 5.7% at current rent of £895, tenanted until early May 2016.
Accommodation Summary
Dunchurch is a picturesque and popular residential village with a full range of amenities which appeal to potential tenants. The properties are situated off the Square and are within walking distance of all the amenities in the village centre.High specification with quality fixtures & fittings. Double glazed period style windows, energy efficient gas combi central heating with direct line radiators with individual electronic thermostat controls , Front door video entry system, integrated smoke alarm and Handwus security CCTV viewing on TV facility, allocated parking space, Covered courtyard, walking distance to local amenities. Ideal for investors, early inspection is recommended.Pipewell Court benefits to be enjoyed by all apartment owners include low property running costs, solar panel income, 10 year building defect warranty (from 2013), local professional maintenance management company, Sky and BT ready connection, private garden, covered courtyard, cycle store, allocated parking, lock up and leave management service and property building insurance. Housekeeping arranged if required.
Living Area
Fitted wall display units with LED mood lighting, Sky TV and BT ready. High Quality venetian blinds in coordinated painted wood. Bespoke window seat, Light Oak Flooring and Marble Fireplace surround complete with flame effect fire. Open Plan to;
Kitchen Area
Integrated oven, hob, fridge/freezer, dishwasher, washer/dryer and wine cooler in fitted designer quality kitchen with a high gloss finish to base and wall units complete with granite worktops throughout. LED Mood lighting in all areas, granite breakfast bar with stools. Further benefits include Light Oak flooring and LED down lighting.
Bedroom 1
Fitted period style wardrobes, LED Mood lighting, Sky and BT TV ready. Light Oak floors, CCTV viewing on TV facility, fitted high quality painted wood coordinated venetian blinds.
En-suite Bathroom
High quality bath with shower over and chrome fittings. Porcelain non porous decorative floor and wall tiles, under floor controllable electric heating and built in vanity unit. Mirrored wall cabinet, shaver sockets, Chrome towel rack and accessories. Further benefits include a heated chrome towel rail and LED down lighting.
Bedroom 2
Fully fitted period wardrobes, LED Mood lighting, Sky and BT TV ready. With Light Oak floors, CCTV viewing on TV facility, fitted high quality painted wood coordinated venetian blinds.
Shower Room
High quality shower enclosure and chrome fittings, Porcelain non porous decorative floor and wall tiles, under floor controllable heating, built in vanity unit and mirrored wall cabinet. Further benefits include; Shaver socket, chrome towel rack and accessories, heated chrome towel rail and LED down lighting.
Service charges and Ground Rent
There is no ground rent and the service charges are £84 PCM The owner becomes a 1/6 share holder of the freehold with the other apartment owners.
Other Available Properties In The Development
Photographs are prior to occupation. All apartments in the development are finished to the same exacting standard. Apartment 1 - A two bedroom, ground floor apartment with own front door onto road - £190,000 gross yield 5.7% at current rent of £895, tenanted until early May 2016.Apartment 3 - A one bedroom first floor apartment with large living area - £165,000 gross yield 5% at current rent of £695, tenanted until early July 2016.*SOLD STC* Apartment 5 - A two bedroom, first floor apartment with enâsuite bathroom - £190,000 gross yield 5.% at current rent of £795, tenanted until end of June 2016. Apartment 6 - A quirky one bedroom, second floor apartment, in the eaves - £155,000 gross yield 5.38% at current rent of £695, tenanted until end of June 2016. 1. No Hassle management (if required) - Properties can be managed by our existing property management team at no cost for 12 months2. Properties are offered with a guaranteed monthly rental at the existing rentals for 2 years.3. All properties are available with existing tenancies.
Agents Notes
Viewing is strictly by appointment via the sole agents, Cadman Homes. We are a local, family owned and run firm of estate and letting agents covering the Rugby, Lutterworth, Coventry and Leamington areas. If you are unsure of the value of your home, or simply haven't chosen an agent to sell or let it, we'd love to show you what we can do for you. For valuations, mortgages, conveyancers and more contact the local office.
Dunchurch
Dunchurch is a most sought after and picturesque village in South Warwickshire. The village is well equipped with shops, restaurants and public houses (the Dun Cow pub/restaurant providing good food, beer and overnight accommodation. There is also The Green Man, two Indian restaurants, The Thatched Cottage and The Huntsman Carvery). There are several takeaways, \"The Nook on The Square\" beauty and hair salons and a church. It is conveniently situated for Rugby, Coventry, Leamington and the motorway network. Euston station is 48 minutes away from the nearby station at Rugby. There is a village library, chemist, a doctors surgery and a very well regarded village junior school. Private schooling can be found in nearby Rugby or Bilton Grange (preparatory school) as well as highly acclaimed Grammar schools. Sainsburys is just over a mile away, and there is a wide range of shopping available in nearby Rugby, situated approximately three miles away, with a regular bus service.
Property Features :
- A Large Two Bedroom Apartment on the Ground Floor
- Ensuite to Master
- High Quality Finish
- Communal Courtyard and Garden
- Off Road Parking