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Penny Hapenny Court, Atherstone

GBP 120,000
Penny Hapenny Court, Atherstone,

Property Description

A well presented two bed top floor apartment with balcony overlooking the canal. Situated in an excellent position in a quiet cul-de-sac near to the town centre and local public transport links. Of interest to first time buyers and investors the apartment briefly comprises: entrance hall, kitchen, lounge, balcony, two bedrooms and bathroom. Gas central heated and double glazed throughout.


The accommodation comprises:


 Secure communal entrance with intercom and stairs to the second floor and private apartment.



Central heating radiator, storage cupboard, ceiling light point, loft access hatch with useful storage space and doors to the kitchen, bathroom and bedrooms off.


Kitchen 9’7’’ x 6’1’’  (3.0m x 1.9m)

A mix of floor and wall mounted units with roll edge worktops and splash back tiling. Sink and drainer beneath double glazed window, integrated oven and hobs with extractor over, space to accommodate under counter appliances. Ceiling light point.


Lounge 14’7’’ x 11’8’’  (4.5m x 3.6m)

Currently used as a bedroom by the tenant, there is a double glazed window overlooking the canal, double glazed door to the balcony,  fireplace with electric fire, central heating radiator and ceiling light point.


Bedroom 1 10’7’’ x 10’3’’  (3.3m x 3.1m)

Sliding double glazed door to the balcony, double glazed window to different aspect, ceiling light point and central heated radiator.


Bedroom 2 10’1’’ x 6’9’’  (3.1m x 2.1m)

Double glazed window, ceiling light point, central heating radiator and large storage cupboard housing gas boiler.


Bathroom 6’2’’ x 6’  (1.9m x 1.8m)

Obscure double glazed window, ceiling light point, extractor, panelled bath with shower over, low level WC unit and wash hand basin.



Communal bin store and resident and visitor parking.



Currently tenanted on a periodic tenancy at £595 per calendar month. Offering investors a potential yield of approximately 6% at the asking price. The tenant has expressed a desire to stay in the short term.



The Agent understands that the property is leasehold with 999 years from the 1st January 2002. Service Charge is currently running at approximately £1,091 per annum and Ground Rent is currently running at £150 per annum. However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their own advisors.


Property Details

  • Price: GBP 120,000
  • Address: Penny Hapenny Court, Atherstone
  • City:
  • County: Warwickshire
  • Zip: CV9 2AA
  • Country: United Kingdom
  • Bedrooms: 2
  • Bathrooms: 1

Reception Rooms: 1

EPC Rating: C

Council Tax Band: A

Property Features

yesDouble Glazing
yesGas Central Heating
yesNo Chain

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  • Contact

    12 Market Street, Atherstone, Warwickshire. CV9 1ET

    01827 711900