Summary - 210, Walsgrave Road CV2 4BP
3 bed 1 bath Terraced
**Standout Features:**
- HMO licensed for four tenants
- Attractive gross yield of 8.7%
- Good-sized kitchen and modern family bathroom
- Generous reception room
- Fully enclosed rear garden
- Excellent transport links and close proximity to local amenities
**Potential Concerns:**
- Property requires some modernization
- High local crime rate
- Limited plot size
Discover an exceptional investment opportunity in this Victorian terraced house on Walsgrave Road, Coventry—ideal for first-time buyers or savvy investors seeking rental properties. This well-located home is HMO licensed, offering four lettable rooms, a flexible layout that includes three bedrooms and two reception areas, one of which has been transformed into a bedroom to maximize rental potential.
The property's standout features include a large modern kitchen, a smart family bathroom, and a generous reception room, all wrapped in a characterful brick façade. Additionally, the fully enclosed rear garden offers a private outdoor space, perfect for relaxation or gatherings. With a high gross yield of 8.7%, the property presents a lucrative return on investment at £1680 rent per month excluding bills.
While the property provides great rental potential and comfort, it does require some modernization and is situated in an area with a higher-than-average crime rate, considerations that could affect long-term value and tenant selection. Conveniently located near vital amenities and schools—including the highly rated Sacred Heart Catholic Primary School—this property strikes an appealing balance between investment viability and community living. Don't miss out on this fantastic opportunity; schedule a viewing today and explore the flexible potential this property has to offer!
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