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See how verdicts work6-bedroom terraced house · CV2 4EW
Listing removedListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This fully licensed 6-bedroom HMO presents an outstanding investment opportunity in a prime Coventry location, just a short walk from Coventry University and the city centre.
Generating a strong gross annual income of approximately £42,000 per annum (£3,500 PCM net after bills), the property delivers an attractive net yield of approximately 10.6% based on the asking price of £395,000, offering investors a strong ready-made income-producing asset with established rental demand.
Extending to approximately 1,391 sq ft, the property has been refurbished to a high standard throughout and is configured to maximise rental income, with all six spacious bedrooms benefiting from modern en-suite bathrooms.
The accommodation also includes a contemporary fitted kitchen, a well-presented communal lounge, and gas central heating throughout.
The property has held an HMO licence since 2015 and also benefits from a Lawful Development Certificate, providing additional reassurance for investors and lenders alike.
Located on Kingsway in the popular CV2 area, the property is ideally positioned within walking distance of Coventry University, Coventry city centre, transport links, and a wide range of local shops, supermarkets, restaurants, and amenities.
The area continues to see strong tenant demand from students and young professionals, making this an ideal long-term investment opportunity.
Key Features Fully Licensed 6 Bedroom HMO 6 Modern En-Suite Bedrooms Approx. 1,391 sq ft £42,000 Gross Annual Income Approx.
£3,500 PCM Net After Bills 10.6% Net Yield Based On Asking Price HMO Licence In Place Since 2015 Lawful Development Certificate Granted Modern Fitted Kitchen Spacious Communal Lounge Gas Central Heating Walking Distance To Coventry University & City Centre Close To Local Amenities & Transport Links High Demand Rental Location Turnkey Investment Opportunity
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Kingsway, Coventry
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