Established 6-bed HMO with strong income and sitting tenants — cash buyers only..
6-bedroom HMO with sitting tenants and immediate rental income
This 6-bedroom HMO in CV1 is presented as a cash-only investment with sitting tenants and strong rental income. The property currently produces a gross annual income of £31,800, offering immediate cashflow for a buyer seeking an established buy-to-let asset in Coventry. The terrace is a traditional red-brick Victorian-style house with bay windows and a small front garden; off-street parking is available.
The house suits investors or developers comfortable working in higher-crime, deprived urban areas where rental demand remains robust. Transport links and local amenities are within walking distance, and a Let Property Pack is available with full tenancy and income details. Buyers should note the sale will include a Buyers Premium to secure the purchase and is cash-only.
Practical considerations: the property is in a deprived area with high local crime rates, which may affect insurance and tenant management. The building is described as small overall with standard room sizes and no flood risk. Any prospective buyer should review the Let Property Pack and carry out their own building survey and compliance checks for HMO licensing and safety requirements.
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