HMO-ready near Warwick University with strong refurbishment potential.
- Five lettable rooms, potential for a sixth room
- Two en-suites, additional bathroom and separate W/C
- Vacant property with existing HMO licence
- Requires full modernisation and upgrading throughout
- EPC recorded as E; energy improvements likely needed
- Off-street driveway parking and gardens front and rear
- Freehold tenure; previously grossed ~£23,000pa
- Local crime rated very high; factor into insurance/rental demand
This extended five-bedroom detached bungalow is a flexible single-storey property close to Warwick University, currently holding an HMO licence and previously grossing about £23,000pa. The layout includes two en-suites, a further bathroom and a separate W/C, making it well suited to investors seeking lettable rooms or buyers who need versatile accommodation on one level.
The house sits on a large plot with front driveway parking and gardens to front and rear. Mains gas central heating and double glazing are installed; mobile signal and broadband are strong in the area. The freehold tenure and vacant possession give a straightforward route to refurbishment or continued use as an HMO.
The property requires modernisation throughout and would benefit from interior updating and some external tidying. The EPC is recorded as E; occupants should budget for energy and efficiency improvements. Local crime is described as very high, which will be a material consideration for families and owner-occupiers and may affect lettings and insurance costs.
Location is a genuine strength: a short distance to Warwick University and local schools, with good bus links and nearby amenities. For investors the current HMO licence and proven rental income make this a realistic refurbishment project; for owner-occupiers it offers single-floor living with scope to personalise, subject to modernisation and local market factors.
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