Furnished income property near university and hospital, ready for tenants.
Ready-to-let furnished investment with advertised 5.84% rental yield
Chain-free freehold; immediate rental occupancy possible
Three double bedrooms; one shared bathroom (single bathroom)
Private rear garden; small plot and overall compact footprint
Double glazing and mains gas central heating present
High local crime rate and area deprivation — buyer to note
On-street parking only; no allocated off-street space
Victorian solid-brick walls (assumed uninsulated); refurbishment potential
This three-bedroom mid-terrace on Villiers Street is presented as a ready-to-let, turn-key investment in close proximity to Coventry city centre, the university and University Hospital (UHCW). Furnished and chain-free, it already delivers an attractive advertised rental yield (5.84%) and an estimated monthly rent of £900, making it suitable for investors seeking immediate income.
The layout is practical for sharers or small households: a ground-floor double bedroom that can double as a reception room, a lounge, kitchen, first-floor bathroom and two further double bedrooms. The property benefits from double glazing, mains gas central heating, a private rear garden and included furnishings, reducing time and cost to place tenants.
Buyers should note material negatives: the home sits in an area with high crime and higher deprivation, the plot and overall internal size are small (approx. 679 sq ft), and the Victorian solid brick walls are assumed uninsulated. Parking is on-street only. While the interior is presented as well-kept, the property shows scope for cosmetic updating and energy-efficiency improvements to increase long-term value and reduce running costs.
In short: a compact, income-producing freehold with immediate rental appeal and clear scope for refurbishment-led uplift. Suitable for investors targeting students, professionals or hospital staff who prioritise location and turnkey occupancy, but factor in local area challenges and modest living space when assessing price and management plans.
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