Summary - 8 CALUDON ROAD COVENTRY CV2 4LP
1 bed 1 bath Commercial Property
**Standout Features:**
- Commercial property comprising three units: Nos. 4, 6, and 8 Caludon Road.
- Current rental income of £23,400 per year, presenting immediate cash flow.
- Potential for renovation into HMO accommodation or conversion back into three separate houses (subject to planning).
- Total size of over 2,252 sqft, providing ample space for various uses.
- Freehold tenure with good transport links to the city centre and motorway network.
**Overview:**
Nestled in the vibrant Stoke area of Coventry, 4, 6, and 8 Caludon Road offers a lucrative investment opportunity with the potential for significant value addition. The property currently provides a solid income from tenants on ASTs and features substantial living spaces with gas central heating and double-glazing. The larger units boast generous living arrangements, including up to four bedrooms and versatile family rooms, while the smaller unit includes two bedrooms.
While there are some concerns with local crime rates exceeding average levels and the nearby schools rated 'Requires Improvement', the overall location is urban and culturally rich. The excellent mobile signal and fast broadband access enhance desirability for potential renters or owners looking for connectivity.
Investors and developers will appreciate the potential to maximize income through creative redevelopment, whether as HMO accommodations or restoring the buildings back to independent homes. This property presents a rare opportunity to capitalize on a strong rental market in an area poised for growth, making it a wise investment choice. Seize this chance to shape your vision into reality; properties like this are scarce and won’t last long!
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