Offers over
£400,000
6 bed terraced house for saleChester Street, Coundon, Coventry CV1
6 beds
6 baths
6 receptions
- Freehold
Matthew James Property Services
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About this property
Fully let HMO property
Six studio apartments
Excellent condition
Seperate kitchens and shower rooms
Separate utility bills
Laundry area
Use of garden
Opportunity to increase rental income form 32K
Ideally located within walking distance to city centre
Situated in Coundon of Coventry, this impressive mid-terrace house on Chester Street presents a remarkable investment opportunity. With six well-appointed reception rooms, this property has been thoughtfully designed to accommodate a House in Multiple Occupation (HMO) setup, making it an ideal choice for those seeking to invest in the rental market.
The property boasts six spacious bedrooms, each equipped with its own kitchen and bathroom, ensuring privacy and convenience for all tenants. This arrangement not only enhances the living experience but also allows for separate billing, making it a hassle-free option for both landlords and tenants alike.
In good condition and fully let, this HMO property is strategically located close to the city centre, providing easy access to local amenities, transport links, and the vibrant culture that Coventry has to offer. The current income stands at an impressive £32,000 per annum, with potential for further growth, making this an enticing prospect for savvy investors.
With a valid HMO licence in place, this property is compliant with local regulations, ensuring peace of mind for prospective buyers. Whether you are looking to expand your property portfolio or enter the rental market, this well-maintained house offers a unique opportunity to secure a profitable investment in a sought-after location. Do not miss the chance to explore the potential this property holds.
Studio One (4.5 x3.01 (14'9" x9'10"))
Studio Two (3.75 x3.98 (12'3" x13'0"))
Studio Three (5.18 x3.18 (16'11" x10'5"))
Studio Four (4.4 x 3.8 (14'5" x 12'5"))
Studio Five (3.8 x3.02 (12'5" x9'10"))
Studio Six (3.99 x3.19 (13'1" x10'5"))
Entrance Hall
Landing
Lead Up
Garden
Kitchen One
Kitchen Two
Kitchen Three
Kitchen Four
Kitchen Five
Kitchen Six
Shower Room One
Sower Room Two
Shower Room Four
Shower Room Five
Shower Room Six
We are led to believe each Studio is Council tax band A (1609). This can be confirmed with Coventry City Council.
Epc Rating Studios 1,2,3,5,6 are D and Studio 4 is C
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