Turn-key student HMO near transport and amenities for hands-on investors.
Potential annual rental income of £41,400 (stated)
Six bedrooms each with en-suite bathrooms
Newly refurbished — ready for immediate letting
Large, modern fitted kitchen and bright rooms
Freehold and chain-free for quick purchase
Small overall property and plot size
Located 5 minutes walk to city centre and train station
Area classified as deprived with high crime rates
This terraced Victorian property has been newly refurbished and configured as a six-bedroom HMO with six en-suite bathrooms, designed for immediate let to the local student market. Large, bright bedrooms and a spacious contemporary kitchen offer tenants comfortable private living within a compact urban footprint.
Positioned around a five-minute walk from Coventry city centre and the train station, the house sits in a cosmopolitan student neighbourhood with consistently high rental demand. The stated potential rental yield (£41,400 pa) and freehold, chain-free status make this a straightforward acquisition for a landlord seeking quick income.
Buyers should note material negatives: the wider area is classified as deprived with a high local crime rate, and the plot and overall property size are small. These factors may affect tenant mix, management costs and long-term capital appreciation. Council tax is moderate; flood risk is nil.
Overall, this property suits investors targeting the student rental sector who want a turn-key HMO close to transport and amenities. The refurbishment reduces immediate capital expenditure, but factor in ongoing management and security measures due to local area conditions.
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