Summary - 14 CHESTER STREET COVENTRY CV1 4DJ
10 bed 10 bath Terraced
Ready-to-run rental near universities with strong income potential for hands-on investors.
10 en-suite rooms (8 doubles, 2 singles) ideal for student lets
A modern, fully licenced 10-bedroom HMO on Chester Street, offered freehold with all rooms en-suite. Set over three floors, the property currently yields a reported £4,760 pcm at full occupancy (individual contracts, bills included), giving an approximate 8.88% gross yield. Eight double en-suite rooms and two single en-suites suit a mix of students and young professionals, with direct routes to Coventry and Warwick universities and easy city-centre access.
Internal finishes are contemporary: a large open-plan kitchen with white goods, a communal lounge, laminate floors and recent double glazing. Heating is electric via an air-source heat pump with radiators. Construction dates to the early 20th century with solid brick walls and internal insulation. The HMO licence is active until 09/07/2028, simplifying near-term rental operation for an investor who wants an income-producing asset.
Notable constraints are the property’s small overall plot and limited garden, slow broadband speeds, and a local area classified as deprived with higher crime levels — factors that can affect tenant demand, void risk and management costs. Buyers should verify HMO compliance, licence renewal requirements, and service histories for heating and electrics before purchase. The property’s layout and modern en-suite rooms make it straightforward to operate or reconfigure, subject to planning and licence conditions.
This is a purpose-built-for-tenancy style HMO in a student/professional neighbourhood. It will suit an investor seeking immediate rental income and hands-on management, or a landlord-experienced buyer comfortable with student tenancy churn and safety/regulatory upkeep.
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