Summary - 96 CHARTER AVENUE COVENTRY CV4 8EB
8 bed 8 bath Semi-Detached
Ready-to-rent eight-room property near university, income from day one.
HMO-licensed eight en-suite rooms set up for immediate letting
Current monthly rental income: £4,200 (existing tenancies)
Freehold and chain-free sale with driveway and rear lawn
Walking distance to Warwick University and Cannon Park shopping
EPC D (potential B); solid brick walls assumed uninsulated
Very high local crime rate may affect insurance and turnover
Boiler 5 years old; last serviced June 2025
Compact total internal area: approx. 721 sq ft — tight communal space
A ready-made HMO in Canley, offered chain-free with an existing licence and eight en-suite rooms, this semi-detached property is set up for immediate rental income. Located within walking distance of Warwick University and Cannon Park, it appeals to investors targeting the student market and short-term lets. The property currently produces a quoted monthly rental of £4,200 and sits on a freehold title.
Practical positives include a large driveway for off-street parking, a north-west facing rear lawn, insulated loft and recent UPVC window replacements. The gas boiler is five years old and was serviced in June 2025. The layout is modernised in parts (including a U-shaped kitchen with good natural light) and each bedroom has an en-suite, simplifying tenancy management.
Buyers should note some material downsides: the EPC is rated D (potential B) and external solid brick walls are assumed uninsulated, so further works may be needed to improve efficiency. Crime levels in the immediate area are very high, which can affect tenant turnover and insurance costs. The overall internal area is compact (approx. 721 sq ft) for eight letting rooms, so living spaces are tight and on-site management will be important.
This is a pragmatic purchase for an investor seeking an HMO near a major university: it delivers immediate income with scope to improve running costs and energy rating, but factor in security measures and potential fabric or insulation upgrades.
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