Summary -
14 Charter Avenue,COVENTRY,CV4 8GE
CV4 8GE
1 bed 1 bath Commercial Property
High-yield freehold investment close to Warwick University with immediate returns.
Licensed, compliant 8-bed HMO generating £47,520pa
Gross initial yield 9.32% at £510,000 (freehold)
Fully let to University of Warwick students from 01/08/2025
Landlord pays gas, electricity, water and internet
EPC rating C; scope for future energy improvements
No obvious off-street parking; kerbside only
Very high local crime rate — factor security/management costs
Small rear garden; three-storey layout with loft conversion
A ready-made, income-generating freehold HMO in a prime student corridor close to the University of Warwick. Fully let to eight student tenants from 01/08/2025 under a single fixed-term AST, the property produces £47,520 per annum and offers an attractive initial gross yield of 9.32% at the guide price of £510,000.
The house is presented over three floors including a loft conversion with dormer windows, modern communal spaces and an EPC rating of C. It is a licensed, compliant HMO with established tenancy management: a £4,320 deposit is lodged and each occupier has provided a guarantor. The landlord currently covers gas, electricity, water and internet, simplifying utility arrangements for tenants.
Practical considerations: there is no obvious off-street parking and kerbside amenity is limited, which may affect tenant parking preference. The area records very high crime levels, so ongoing management and security measures should be factored into operating costs. Routine HMO maintenance and future EPC improvements may be required over time.
This property suits investors seeking stable student rental income and a turn-key asset with minimal void risk. There is also scope for longer-term value uplift through targeted internal refurbishment or potential redevelopment subject to planning (STPP).
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