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4 bedroom end of terrace house for sale
Carmelite Road, Coventry, West Midlands, CV1
£266,750
Carmelite Road, Coventry, West Midlands, CV1
£266,750
Our Summary
- Property Ref: 15095Exceptional Tenanted Investment Opportunity - Freehold HMO in Prime Coventry Location
Description
This exceptional tenanted investment opportunity is a freehold HMO in a prime Coventry location, generating a current rental income of £35,472 per annum with a strong gross yield of approximately 14%. The property is a fully operational HMO with four spacious lettable rooms, each with its own bathroom, offering modern and self-contained living for tenants. With a 5-year remaining license, this property is a ready-made, cash-flowing investment. The property is situated in the heart of Coventry, within walking distance to Coventry University, the city centre, local amenities, and transport links, making it a highly sought-after rental area for both students and working professionals. The property offers a range of amenities, including a welcoming entrance hallway, bright communal lounge, contemporary fitted kitchen, and low-maintenance front and rear gardens. With its high return on investment, long-term asset security, and high demand area, this property is an excellent opportunity for investors looking to expand their portfolio or enter the property investment space.