Property Summary

This unique end terrace property at 1 Grantham Street, Stoke, Coventry, comprises 11 self-contained units, part tenanted and requiring redecoration. Situated in a popular residential area off Swan Lane, the property currently generates an annual rent of £40,140, offering a gross yield of approximately 16%, with potential for increased income once fully let. Accommodation spans three floors, featuring a mix of lounge/kitchen/bedroom units with ensuite facilities, alongside some vacant units ready for occupation or refurbishment. The property benefits from mains gas central heating, on-street parking, and a small rear yard. Freehold tenure is subject to existing tenancies, making this an ideal investment opportunity with scope for value enhancement.