10 bedroom house share for sale

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10 bedroom house share for sale

Holyhead Road, Coventry, CV1 3AD
£675,000

Our Summary

  • *INVESTMENT OPPORTUNITY* *NO UPWARD CHAIN* Section 257 HMO in an area with an Article 4 Direction
  • Investment Opportunity - The property consists of 9 studio flats with a 10th unconverted room used for storage
  • The property consists of 9 studio rooms and is currently tenanted and offers an investment opportunity with income from the moment the sale completes
  • Investment Opportunity - Current Gross Rental Income £5,225PCM

Description

This is a Section 257 HMO investment opportunity located in Lower Coundon, Coventry, with no upward chain. The property consists of nine self-contained studio rooms and a store room, with a gross rental income of £5,225 per calendar month when fully occupied. The tenants are responsible for their own electric and council tax bills. The property has an Article 4 Direction on HMOs, and each individual studio has its own EPC rating, ranging from C to D. The property offers an investment opportunity with income from the moment the sale completes, with the potential for long-term capital growth.