Summary -
25, Melville Road,COVENTRY,CV1 3AL
CV1 3AL
6 bed 6 bath Terraced
**Standout Features:**
- Fully licensed HMO with 6 en-suite bedrooms
- Current annual income of over £42,000, providing a gross yield exceeding 10%
- Fully furnished with all fixtures and fittings included
- Profitable potential for an additional £7,000 income
- Located in a vibrant student and professional neighborhood
**Downsides:**
- Average area crime rate is high
- Smaller plot size may limit outdoor space
This impeccably presented Victorian terraced house in the sought-after CV1 neighborhood is a prime investment opportunity for savvy buyers. With six modern en-suite bedrooms currently let to working professionals, this property guarantees immediate returns with over £42,000 in annual income—a robust 10% gross yield. Enjoy the included fixtures and fittings, setting this property apart; it’s ready to generate revenue from day one.
While the unit benefits from excellent mobile and broadband connectivity, the immediate area does experience higher crime rates, which potential investors should consider. However, its location within a lively community surrounded by amenities, schools, and easy access to public transport makes it an appealing choice for renters. Act quickly to secure this unique investment that has the potential for further income increase and long-term growth!
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