No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Generator Hall, Electric Wharf
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£170,000
Added > 14 days

2 bedroom flat for sale

Generator Hall, Electric Wharf, Radford, CV1 4JL
Chain-free
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Flat
2 bed
1 bath

Key information

Tenure: Leasehold | 133 yrs left
Ground rent: £150 per annum | review period: unconfirmed
Service charge: £2,037.35 per annum
Council tax: Band B
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (133 years remaining)
Service charge (For Leasehold tenure): £2037.35 per year.

*INVESTORS ONLY- SOLD WITH TENANT IN SITU*Gross rental yield 7.89%, Net 6.64%*No chain*Close to Coventry City Centre/Uni/Train station*

This ground-floor, two-bedroom apartment is situated within the sought-after gated community of Electric Wharf, offering convenient access to various local amenities and public transportation, with Coventry City Centre just meters away.

The property features an entrance hallway with two storage cupboards housing the boiler and water meter. The open-plan kitchen/lounge area boasts modern amenities including an electric hob, oven, washer/dryer, integrated fridge, and freezer, along with access to a private balcony area. There are two generously sized double bedrooms, with the master bedroom benefiting from built-in wardrobes. The family bathroom is fully tiled and equipped with a spacious shower.

Additional features include a secure entry phone system, one allocated parking space in the multi-storey car park, electric heating, double glazing, gated car park/main entrance, and picturesque views of Coventry Canal. This apartment combines modern amenities with a prime location, making it an ideal home for professionals, couples, or small families. Don't miss out on this fantastic opportunity to own a beautiful property in Electric Wharf.

Good to know:

Currently rented for £1,150pcm on a company let for 24 months, started 12th April 2024, excluding bills, tenant break clause 11th March 2024, landlord break clause 11th February 2025.

No onwards chain

Tenure: Leasehold with approx 133 years remaining.

Ground rent £150 per annum

Parking space – number 13

Service charge £2,037.35 per annum

Gross rental yield of 7.89% and Net of 6.64%

Internal area: 54 Square meters / 581 Square Foot

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

Council Tax Band B

EPC Rating D


Water source: Direct mains water.

Electricity source: National Grid.

Sewerage arrangements: Standard UK domestic.

Heating Supply: Central heating (electric).

Parking Availability: Yes.

Property information from this agent

Places of interest

    The team at Sutton's boasts more than 40 years of combined experience spanning three decades, our knowledge of Coventry and the surrounding villages and towns is extensive and arguably incomparable. We pride ourselves in setting the highest standards of customer care and satisfaction. As a predominantly family business our approach means that we treat you and your family, whether landlords, tenants, property purchasers or vendors with care and attention that we believe you agree is not offered anywhere else in the market. We genuinely believe that we go the extra mile. We offer flexibility in the products that we offer with pricing geared to make selling or letting your home as affordable as is possible. Our bespoke product allows you to get the right fit so you don't spend on services you will never use. Thanks to our family orientated philosophy we have made many repeat customers with whom we have a strong relationship. Much of our new business is through referrals from existing customers; we feel this is the highest accolade a business can receive. We have invested in up to date technology to streamline our processes and deliver industry leading customer service, every member of the team has access to the platform from the office and remotely to allow the to stay in touch with ongoing transactions.

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    *DISCLAIMER

    Property reference suttons_185119827. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Suttons - Coventry.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 24, 2021

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.