Chain‑free five-bed HMO near Coventry city centre, tenanted and income-producing..
- HMO licensed five-bedroom terrace, sold freehold
- Tenanted and generating an estimated £2,500 pcm income
- Four ensuite rooms; modern kitchen/diner and some modernised rooms
- Compact overall size with small rooms and small rear garden
- Higher local crime rate — let/management risk to consider
- Solid brick 1900s build; walls likely uninsulated (upgrade opportunity)
- No upward chain; council tax very cheap
- Sold with tenants in situ; vacancy not guaranteed
A mid-terraced Edwardian property close to Coventry city centre, set up as an HMO and sold freehold with no upward chain. The house is arranged over two floors with five bedrooms (four ensuites recorded) and a long kitchen/diner. Several rooms have been modernised and the property is HMO licensed and tenanted, producing an indicated rental of around £2,500 pcm.
This is aimed squarely at investors seeking an income-producing HMO in an inner‑city location. The building’s solid-brick 1900–1929 construction gives good durability; potential to increase net return exists through targeted energy upgrades (walls currently assumed uninsulated) and ongoing maintenance. Council tax is low and broadband and mobile signals are strong — practical benefits for tenants.
Buyers should note material considerations: the surrounding area records higher crime levels and rooms are generally small, reflecting the property’s compact overall size and plot. The vendor information contains mixed condition notes — some rooms are modernised but other areas (visible externally and in some internal images) may need further updating. The property will be sold with tenants in situ, so viewings and vacant possession depend on tenancy status.
In short: a licenced, chain‑free HMO with immediate rental income and short-term uplift potential for investors willing to manage an inner‑city tenancy, address energy and minor cosmetic works, and factor local area challenges into lettings and long-term yields.
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