Summary - 58 ST GEORGES ROAD COVENTRY CV1 2DL
4 bed 2 bath Terraced
Four-bed Victorian terrace, fully let and renovated — income from day one..
Fully let at £1,620 pcm (income producing from day one).|Approximate gross yield c. 8.8% on £220,000 purchase price.|HMO licence in place — non-transferable (buyer must reapply).|Newly renovated interior, double glazing, gas central heating.|EPC rating C; all related safety certificates reportedly in place.|Small rear/forecourt garden and modest room sizes (typical terrace).|Located within walking distance to Coventry University — student demand.|High local crime and area deprivation may affect tenant mix and growth.
This mid-terraced Victorian property on St. Georges Road is presented as a turnkey investment — fully let at £1,620 pcm and newly renovated throughout. The layout provides four bedrooms and two bath / shower rooms across a compact but efficient 839 sq ft footprint, suitable for student or multi-occupant lets given the short walk to Coventry University and nearby bus routes.
Practical benefits include recent redecoration, double glazing, gas central heating on radiators, an EPC rating of C and all related certification in place. A small paved front garden and straightforward floorplan reduce ongoing maintenance and make the house easy to manage for a letting portfolio.
Important considerations are stated plainly: the property sits in a high-crime, deprived urban area which can affect tenant profiles and long-term capital growth. The HMO licence is in place but is non-transferable — a purchaser will need to reapply or get a new licence in their name. The garden and plot are small and room sizes are modest, reflecting the inner-city terrace form.
For investors seeking immediate income, the current tenancy produces a reliable monthly rent and the freehold tenure keeps long-term control simple. Buyers should budget for routine management costs, factor in local market conditions, and confirm licence transfer requirements with the local council before completion.
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