£139,950
2 bed terraced house for saleRanby Road, Coventry CV2
2 beds
1 bath
1 reception
EPC Rating: D
About this property
Well-presented two-bedroom mid-terraced home, clean and ready to move into
Vacant with immediate possession - freehold and no onward chain
Living room and fitted kitchen with integrated gas hob and oven
Ground-floor bathroom with bath and electric shower over
Two double bedrooms - the front a generous 11'3" x 12'2" with built-in wardrobe
Exceptionally long rear garden - rare for a terrace of this type
Gas central heating and double glazing throughout
Council Tax Band A - low running costs
EPC Rating D, valid until September 2029
Proven £900 pcm on this street - a gross yield of around 8%
Neutrally decorated and clean throughout, the house is ready to move straight into, with gas central heating, double glazing and Council Tax Band A keeping the running costs low.
The living room sits to the front with a fitted kitchen behind it running the width of the house, complete with an integrated gas hob and oven, extractor and space for a washing machine. Beyond the kitchen is the ground-floor bathroom, fully tiled and fitted with a bath and electric shower over, WC and wash basin.
Upstairs are two bedrooms, both doubles. The front bedroom is generous with a built-in wardrobe, and the second, a genuine second double rather than the box room so often found in houses of this size.
The stand-out feature is the rear garden, which is exceptionally long for a terrace of this type. It offers a new owner considerably more outside space than this price point usually buys, with room for a lawn, a patio and a garden workshop.
Ranby Road is an established residential street close to the shops and amenities of Ball Hill and well placed for local schools and the wider road network.
It also stands up as an investment: A two-bedroom house on this same street, let and managed by ourselves, achieves £900 per calendar month - a gross yield of around 8% at the guide price.
The property is vacant, which matters. There is no chain and no waiting on anyone else, viewings can be arranged at short notice to suit you, and a buyer can move in as soon as the legal work is done.
For a landlord it means choosing your own tenant from day one rather than inheriting someone else's.
Early viewing is strongly recommended.
Accommodation
Ground Floor - approx. 27.0 sq m / 290.2 sq ft
Living Room - 3.43m x 3.43m (11'3" x 11'3") Window to front, recessed alcove, laminate flooring.
Kitchen - 2.32m x 3.43m (7'7" x 11'3") Fitted with a range of wall and base units, worktops over, tiled splashbacks, stainless steel sink and drainer, integrated gas hob and oven, extractor hood, wall-mounted boiler, space and plumbing for a washing machine, tiled flooring.
Bathroom - 2.55m x 1.65m (8'4" x 5'5") Fully tiled, comprising panelled bath with electric shower over, pedestal wash hand basin, low-level WC, radiator and obscure-glazed window.
First Floor - approx. 22.4 sq m / 241.3 sq ft
Bedroom One (front) - 3.43m x 3.70m (11'3" x 12'2") Window to front, built-in wardrobe, laminate flooring.
Bedroom Two (rear) - 3.00m x 2.93m (9'10" x 9'7") Window to rear, radiator, laminate flooring.
Outside
Long rear garden, enclosed by timber fencing. On-street parking to the front.
Total floor area - approx. 49.4 sq m / 531.5 sq ft
Investment Summary
A two-bedroom house on Ranby Road, let and managed by Tutis Estates, achieves £900 per calendar month. Comparable two-bedroom terraces within half a mile let at between £850 and £1,000 per month. At the guide price, £900 pcm represents a gross yield of approximately 8% - well above the Coventry average. The EPC rating of D comfortably exceeds the minimum Band E required to let under the mees regulations, so the property could be brought to the rental market immediately.
General
Tenure: Freehold
EPC: Rating D, valid until 30 September 2029
Council Tax Band: A
Heating: Gas central heating
Glazing: Double glazed throughout
These particulars are believed to be accurate but are set out as a general outline only and do not constitute any part of an offer or contract. All measurements are approximate and taken from the floorplan. No person in the employment of Tutis Estates has authority to make or give any representation or warranty in respect of the property. Services, appliances and installations have not been tested and prospective purchasers should satisfy themselves as to their condition and operation.
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