Summary - 22 CHESTER STREET COVENTRY CV1 4DJ
6 bed 6 bath Terraced
Fully let Victorian HMO near Coventry city centre — immediate income with rental uplift potential.
Six self-contained studios, each with kitchen and shower room
A fully let six-studio mid-terrace HMO in Coundon, Coventry, offers immediate rental income and scope to increase returns. Each studio has its own kitchen and shower room, separate utility billing, and a valid HMO licence—reducing letting risk and day-one management complexity. EPCs range D–C; current gross income is £32,000 with identifiable potential to raise rents through modest upgrades or re-letting strategy.
The building is a Victorian red-brick terrace with period features and double glazing. Internal condition is described as good, though the property sits on a small plot with limited external amenity. Heating runs on a mains gas community scheme and walls are solid brick (likely uninsulated), so energy-efficiency improvements could reduce operating costs and boost capital value.
Location is inner-city, within walking distance of Coventry city centre and amenities, making it attractive to students and young professionals. Note the local area has higher crime rates and is classified as deprived, which may affect tenant mix and insurance costs. Prospective buyers should inspect communal/service areas, verify tenancy details, and review EPCs and Council Tax banding for each studio before purchase.
Overall this is a hands-on investment suited to landlords seeking let-and-manage HMO income now, with straightforward refurbishment opportunities to lift yield and value over time.
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