Summary - 5 FOUNDER CLOSE COVENTRY CV4 8BS
5 bed 2 bath Semi-Detached
Five-bedroom HMO near Warwick University — tenants in place for 2025, strong yield potential.
Tenants in situ and signed for academic year 2025 (income secured)
Estimated gross yield ~8% at current rent levels
Five bedrooms, two bathrooms suitable for student HMO
System-built construction; may limit mortgage options
Requires modernization and cosmetic updating throughout
Small plot and modest total floor area (980 sqft)
Fast broadband and excellent mobile signal
Area classed very deprived; factor tenant mix and management
This 5-bedroom semi-detached HMO in CV4 is offered to investors seeking immediate rental income. Tenants are in situ and signed through the 2025 academic year, generating approximately £2,000pcm and an estimated gross yield around 8%. Its proximity to the University of Warwick makes it a strong student-let location with low vacancy risk.
The house is system-built (1950–66 era) with external insulation and double glazing of unknown install date. The property will suit buyers prepared for a managed investment: it requires some modernization and cosmetic updating, particularly in communal areas, but the core heating (mains gas boiler and radiators) is in place. Buyers should confirm mortgage availability for non-standard construction before proceeding.
Practical positives include two bathrooms for five tenants, fast broadband and excellent mobile signal, a small low-maintenance garden, and very low council tax. The building sits in an area classified as very deprived with average crime — realistic investor pricing reflects higher tenant demand but also local socio-economic challenges.
This is a hands-on investment: stable income and student demand are the strengths, while the property’s construction type, need for updates, small overall size and local deprivation are material considerations. Suitable for landlords experienced with HMOs or portfolio investors who can plan and budget for refurbishment and lender checks.
6 bedroom terraced house for sale in Sir Henry Parkes Road, Coventry, CV4 — £385,000 • 6 bed • 4 bath • 1346 ft²
6 bedroom terraced house for sale in Pershore Place, CV4 — £350,000 • 6 bed • 2 bath • 2668 ft²
5 bedroom terraced house for sale in Terry Road, Coventry, West Midlands, CV1 — £315,000 • 5 bed • 5 bath • 1127 ft²
6 bedroom terraced house for sale in Pershore Place, Coventry, CV4 — £375,000 • 6 bed • 2 bath • 1055 ft²
3 bedroom terraced house for sale in Investment HMO Great Location, CV1 — £170,000 • 3 bed • 1 bath • 700 ft²
5 bedroom semi-detached house for sale in Mitchell Avenue, Coventry, CV4 — £290,000 • 5 bed • 3 bath • 1076 ft²
