Westbury Road, Nuneaton

For Sale by Public Auction.

Prime three-bedroom investment property, with an approx. 10.4% gross rental yield (based on the auction guide).

A three bedroom end-terraced property offering spacious and versatile living accommodation, situated in a popular residential position close to a range of local schools and amenities.

The property is considered to be in good condition throughout and would be suitable for letting in its current condition, making this an appealing opportunity for buy-to-let investors seeking a readily lettable property. Based on an anticipated rental income of approximately £950 per calendar month, the property could generate an annual rental income of £11,400, which equates to an indicative gross rental yield of approximately 10.4% based on the auction guide price of £110,000. These figures are subject to market conditions and prospective purchasers should satisfy themselves as to the achievable rental income.

The accommodation is arranged over two floors and comprises a lounge, dining room, kitchen and useful storage to the ground floor, with three bedrooms and a family bathroom to the first floor. The property provides practical and versatile accommodation which would suit a range of tenants and is offered to the market with vacant possession. Externally, the property benefits from a front courtyard garden and a rear garden incorporating both lawn and patio areas, providing useful outside space.

Situated in a well-established residential area of Nuneaton, the property is conveniently positioned for access to a range of local amenities and schools, making it a practical proposition for both investors and owner-occupiers.
Overall, the property represents an opportunity to acquire a three bedroom freehold house which is considered lettable in its present condition, with the potential to achieve an attractive gross rental yield at the guide price. The property may also appeal to owner-occupiers seeking a well-positioned three bedroom home.