High-yield rental close to the university and local amenities.
Approximate annual income £32,000
This Victorian mid-terrace has been refurbished internally and set up for multi-occupancy, producing an approximate income of £32,000 per year. Across three floors there are five double en-suite bedrooms plus a sixth room currently used as a communal lounge or potential bedroom, together with a communal kitchen/diner and a low‑maintenance rear garden. The property is freehold and located in a sought-after Earlsdon location, under 1.5 miles from the university and close to shops and transport links.
Important licensing and condition notes are clear: the current HMO licence is granted for five bedrooms only, so the sixth room cannot be relied on as licenced sleeping accommodation without further licence variation. The house is solid brick (typical of its period) and double glazed, with gas central heating throughout; however the building fabric may need attention externally — images indicate potential roof/repair works — and the walls are assumed to be uninsulated.
Internally the finish is modern and immaculate, with contemporary kitchens and a mix of en-suite bathrooms providing tenant privacy and letting flexibility. The overall footprint is modest (approximately 1,202 sq ft), so room sizes are typical for city HMOs rather than spacious family accommodation. Broadband and mobile signal are strong and the area attracts professional tenants and students, supporting continued demand for lets.
This is best suited to investors seeking an established HMO in a central, well‑connected neighbourhood. Buyers should plan for licensing admin if they wish to formally licence six beds, and budget for any external repairs or insulation upgrades to improve long‑term running costs and asset value.
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