1. Property photo 1 of 1 Motor Hotel .Jpg

£650,000

(£559/sq. ft)

15 bed detached house for sale
Dorset Road, Foleshill, Coventry CV1

    • 15 beds

    • 4 baths

    • 2 receptions

    • 1,163 sq. ft

  • EPC Rating: D

  • Freehold

Prominence Estates

Logo of Prominence Estates

About this property

  • Excellent Investment Opportunity

  • Generating £41,400 Per Year

  • Great Location As Close By City Centre

  • In Need Of Some Updating

  • Residential Supported Accommodation

  • Three Floors

Introducing an exceptional investment opportunity...This beautifully converted hotel boasts three spacious floors of residential supported accommodation. This property not only offers a unique charm and character but also generates a substantial annual income of £41,400, making it an attractive option for savvy investors looking to enhance their portfolio.

Significant renovations have modernised the property, including updates to plumbing, electrical systems, and energy-efficient features. These upgrades not only improve resident comfort but also help to reduce long-term maintenance costs. Additionally, the zoning regulations in the area offer potential for further development or diversification of services, opening doors for future expansion or enhancement and increasing the property's value over time.

This converted hotel presents a unique investment opportunity for those looking to enter the residential supported accommodation market or expand their existing portfolio. With its strong income potential, prime location, and supportive living environment, this property is poised for continued success. Don’t miss the chance to acquire this charming asset that combines historical appeal with modern functionality.

For more information or to schedule a viewing, please contact us on . Seize this opportunity to invest in a property that not only generates income but also contributes positively to the community!

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More information

  • Tenure

    Freehold

  • Council tax band

    A

See all recent sales in CV1

Property descriptions and related information displayed on this page are marketing materials provided by - Prominence Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Prominence Estates for full details and further information.