Summary - 101 NORTHFIELD ROAD COVENTRY CV1 2BQ
3 bed 3 bath Terraced
Ready-made three-bed HMO near Coventry University with licence and existing lets..
Three ensuite bedrooms plus separate ground-floor bathroom
A compact freehold Victorian terrace arranged and operated as a three-bedroom HMO, currently fully furnished and ideal for landlords targeting Coventry University students. The layout includes three ensuite bedrooms, a communal lounge, kitchen and an additional ground-floor bathroom. An HMO licence is in place and the property is let, with a let-agreed position into 2025, providing immediate rental income potential.
Located on Northfield Road, the house sits within walking distance of Coventry University, local shops and city-centre amenities. Broadband is fast and mobile signal is excellent—important practical advantages for student tenants. The small rear garden and on-street parking reflect the tight urban plot and compact overall size (approx. 752 sq ft).
The property shows signs of wear consistent with rental use and age: an older radiator, neutral decor with possible mould risk in parts, and general renovation opportunity. Local area crime levels are high, which may affect tenant screening and insurance costs. Council tax is very cheap and the freehold tenure removes ground-rent concerns for an investor.
This is a straightforward HMO investment for a buyer seeking immediate income and close proximity to the university. It will suit an investor prepared to manage tenant turnover and carry modest refurbishment and ongoing maintenance to protect rental values and reduce voids.
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