House For Sale £575,000
Full description: A unique opportunity to acquire a truly stunning semi-detached property, sold with outline plans for conversion into 12 studio apartments - circa £80k pa rental income potential.
Ethelfield Road is located 1 mile east of Coventry City Centre and less than 2 miles south west of University Hospital C&W, in Lower Stoke. Set back from Walsgrave Road which provides easy access into and out of the city. The location would lend the property to both student and professional lets while the area is known to house a large number of hospital staff.
The house as it stands has huge potential due to its staggering size. A feature of note is the pyramid roof and circular bay, unique to only two properties in the whole of Coventry! Currently comprising of seven bedrooms, two reception rooms, dining room, kitchen, office and 35 ft x 13.5 ft self-contained annex at the rear.
Proposed plans would convert the property into 12 self-contained studio apartments, all featuring en-suite bathrooms and kitchens. Comprising of; five studios on the ground floor, four on the first floor, two rooms on the second floor and an external garage converted into one enormous apartment. Externally, the property will maintain a paved communal garden space at the rear.
Planning Reference: 2021/2747
Ethelfield Road is located 1 mile east of Coventry City Centre and less than 2 miles south west of University Hospital C&W, in Lower Stoke. Set back from Walsgrave Road which provides easy access into and out of the city. The location would lend the property to both student and professional lets while the area is known to house a large number of hospital staff.
The house as it stands has huge potential due to its staggering size. A feature of note is the pyramid roof and circular bay, unique to only two properties in the whole of Coventry! Currently comprising of seven bedrooms, two reception rooms, dining room, kitchen, office and 35 ft x 13.5 ft self-contained annex at the rear.
Proposed plans would convert the property into 12 self-contained studio apartments, all featuring en-suite bathrooms and kitchens. Comprising of; five studios on the ground floor, four on the first floor, two rooms on the second floor and an external garage converted into one enormous apartment. Externally, the property will maintain a paved communal garden space at the rear.
Planning Reference: 2021/2747
