3 bed terraced house

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3 bed terraced house

Oliver Street, Coventry CV6
£185,000

Our Summary

  • With the potential to increase this to a market rate of £24,000, the new owner can enjoy a rewarding return on investment

Description

This charming mid-terraced house in Coventry, built in 1900, offers a lucrative investment opportunity for investors. The 1,076 square foot property features three en-suite bedrooms, a spacious double bedroom on the ground floor, a modern bathroom, and a welcoming lounge. The property also boasts a delightful rear garden and convenient road parking. Currently operating under a House in Multiple Occupation (HMO) license, the property generates an annual gross income of £21,468, with the potential to increase to £24,000. Offered at a competitive price of £185,000, this property is not only a sound financial investment but also a comfortable home for long-term tenants, making it an attractive opportunity for investors and homeowners alike.