Summary - 12, Kilby Mews, COVENTRY CV1 5EB
4 bed 2 bath Terraced
Ready-made income near campus with scope to increase rents.
- Fully let, licensed four-bedroom HMO producing £1,900 pcm
- Secure gated development close to university and city centre
- Off-street parking and low-maintenance rear garden
- Gas central heating and double glazing throughout
- Compact overall size: 784 sq ft, vertical three-storey layout
- Area classified as deprived with above-average local crime
- Strong transport links and abundant local amenities
- Scope to increase rental income with refurbishment or re-let strategy
A fully let, licensed four-bedroom HMO in a secure gated mews close to Coventry University and the city centre — a ready income stream for landlords. The property currently produces £1,900 pcm from four letting rooms and sits within a modern, three-storey townhouse constructed post-2012. Practical features include gas central heating, double glazing, off-street parking and a low-maintenance rear garden.
The layout works well for sharers: living room and kitchen/diner on the ground floor, two bedrooms and a bathroom on the first floor, and two further bedrooms with a second bathroom on the second floor. At 784 sq ft overall, the accommodation is compact and optimised vertically, suitable for students or young professionals seeking proximity to campus and transport links.
Buyers should note material considerations: the home is small for a four-bedroom dwelling, it sits in an area classified as deprived with above-average local crime, and there may be scope and cost to improve communal finishes to support higher rents. Services and appliances have not been independently tested and purchasers should satisfy themselves during due diligence.
For an investor focused on yield, this property offers immediate rental income with clear potential to increase revenue through management, reconfiguration or modest refurbishment. Its location, secure setting and existing HMO licence reduce letting risk, while the compact footprint and local market dynamics define realistic expectations for capital and income growth.
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