Summary - 132 LONDON ROAD COVENTRY CV3 4BW
4 bed 4 bath Terraced
Turnkey four-room HMO with strong rental yield and parking.
4 Lettable rooms each with en-suite bathrooms
Quoted gross yield 11.81% (current income-producing)
Freehold mid-terrace with paved forecourt parking
Modest rear garden; external space limited
Solid brick construction; likely no cavity insulation
Small to average room sizes for inner-city terraced home
High local crime rate may affect tenant screening and insurance
Cheap council tax band reduces owner outgoings
This mid-terraced, freehold HMO on London Road offers a turnkey income opportunity with four lettable en-suite rooms. Currently producing a quoted gross yield of 11.81%, the property suits investors targeting Midlands student or commuter rental demand, with easy access to Coventry city centre, local employers and good motorway links.
Internally the house is compact but efficiently arranged: ground-floor kitchen, four bedrooms each with en-suite shower rooms, and practical finishes including double glazing and gas central heating. Externally there is paved forecourt parking for one to two cars and a modest rear garden — useful for tenants but limited in scope.
Key positives are the HMO setup, en-suite rooms that boost rental appeal, and low running overheads such as a cheap council tax band. Important considerations: the property is small with modest room sizes, built with solid brick that likely lacks cavity insulation, and sits in a high-crime area which may affect tenant screening and insurance costs.
This is a clear value-driven buy-to-let: immediate rental income and straightforward management, though buyers should budget for ongoing maintenance, potential insulation upgrades, and robust tenant referencing given local crime levels. An investor visit will confirm room sizes and verify the posted yield against current tenancy agreements.
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