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Property Listing Details

Property details

  • 4 bedrooms
  • 2 bathrooms
  • 1 reception room

Features

  • Freehold Three Storey Terrace
  • HMO Licence Approved
  • Circa 8.25% Yield
  • Tenanted Until August 2021 @ £24k per annum
  • Allocated Parking Space
  • Great Investment, Great Location

Listing view statistics

Last 30 days: 148 page views

Since listed: 148 page views

Description

General description ***Circa 8.25% Yield - Superb Freehold Investment Opportunity - Four Double Bedrooms - Two Bathrooms + WC - Lounge Living Area*** Here is a unique prospect for the discerning buyer to purchase a modern build style, three storey mid terrace mews property that offers a huge range of benefits. The property comprises of: An entrance hall, kitchen, lounge, downstairs WC to the Ground Floor. There is a Landing, Two Double Bedrooms and Bathroom on the First Floor. There are also Two Further Double Bedrooms and a Shower Room on the Second Floor. Externally there is an allocated parking space, and private garden to the rear. There are a host of surrounding amenities, the property is fully central heated and double glazed, as well being less susceptible to rising damp etc compared with the normal HMO student lets in the area which typically are built 1900-1930 with solid brick walls. Here are below some useful info re the current status of the property.

- Allocated parking space
- House is currently tenanted with students at 24k per annum (on one joint AST) until August 2021.
- All 4 x bedrooms are of accepted rentable bedroom size for HMO
- Has a tacit approved 5 year HMO licence from Coventry council.
- Close proximity to Coventry City Centre - as well as both Warwick and Coventry University.

In addition to the above the property has a recently certificated (August 2020) hard wired smoke alarm system and a recently certificated (August 2020) emergency lighting system.

Entrance hall

kitchen 8' 2" x 7' 6" (2.5m x 2.3m)

lounge 15' 5" x 13' 5" (4.7m x 4.1m)

bedroom one 12' 1" x 10' 9" (3.7m x 3.3m)

bedroom two 10' 2" x 9' 2" (3.1m x 2.8m)

bedroom three 11' 1" x 9' 10" (3.4m x 3.0m)

bedroom four 9' 6" x 6' 2" (2.9m x 1.9m)

shower room one 6' 2" x 6' 2" (1.9m x 1.9m)

bathroom 9' 2" x 6' 2" (2.8m x 1.9m)

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Coventry 0.8 miles
  • Canley 1 miles
  • Spon Gate Primary School 0.2 miles
  • Hearsall Community Academy 0.3 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Coventry 0.8 miles
  • Canley 1 miles
  • Spon Gate Primary School 0.2 miles
  • Hearsall Community Academy 0.3 miles

Market stats

Sale activity

Average estimated value for a house in CV1:

  • £147,830
  • Price decrease

  • -£9,240
  • (-5.883%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £146,535
  • Properties sold

    47

Rental opportunities

Looking for an investment? The average rent for a 4 bedroom house in CV1 is currently:

£1,343 pcm

Recent sales nearby

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Estimated running costs

Based on available 3rd party data

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These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
16th Sep 2020 £290,000 First listed
26th Sep 2017 £225,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Up Estates, Warwickshire. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Up Estates, Warwickshire for full details and further information.