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See how verdicts work5-bedroom house · CV1 4LQ
For saleReduced £10k (−3.2%) on 2 AugListed 393 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern five-bedroom licensed HMO in Coventry offers strong rental returns.
Located on Canal View, just minutes from the City Centre and Canal Basin, this mid-terraced property features a modern exterior, brand-new windows, an open-plan living/dining area, and a landscaped garden with rear access.
Including five well-sized double bedrooms, one with en-suite. Sold with tenants in situ on rolling contracts, generating approx. £1,600 pcm. This property is an ideal turnkey investment.
About the property Cloud9 Estates proudly presents a mid-terraced five-bedroom HMO, located on the sought-after Canal View area.
Just a short walk from the City Centre, Coventry University, and the Canal Basin, this property is perfectly positioned for both professionals and students.
With tenants already in situ on rolling contracts and a projected rental income of approximately £1,600 per calendar month, this is a ready-made investment with immediate returns.
With a modern exterior enhanced by colonial-style double-glazed windows; the property also new front door and outdoor lighting fixtures that create a welcoming entrance.
Inside, the open-plan living and dining area is bright and spacious, flowing seamlessly into a contemporary fitted kitchen.
Floor-to-ceiling double doors open directly onto a beautifully landscaped rear garden, complete with a slabbed and pebbled patio, artificial grass, and a private rear gate - a rare and valuable feature for tenants seeking outdoor space.
The ground floor also includes a new washroom for added access convenience.
Upstairs, the first floor offers three generous double bedrooms, one of which benefits from a modern en-suite with a level-access shower.
On the second floor, you'll find two further double bedrooms and a newly fitted family bathroom with a full-size bath and sleek shower screen - all finished to a high standard with modern fixtures and fittings.
This property has been thoughtfully upgraded throughout, combining functionality with style.
Whether you're an investor looking for a high-performing asset or seeking a turnkey HMO in a high-demand area, this property delivers on every front.
With strong capital growth in the area - property values in CV1 4LQ have risen by over 24% in the past five years- this is a rare opportunity to secure a long-term, income-generating property in one of Coventry's most promising postcodes.
Book your viewing today with Cloud9 Estates, and secure a smart investment in the heart of the city.
Important Note To Purchasers As part of compliance with Anti-Money Laundering Regulations, prospective purchasers will be required to provide identification documents at a later stage.
Your cooperation in this matter is appreciated to ensure there are no unnecessary delays in the sale process.
While we strive to provide accurate and reliable sales particulars, they do not constitute or form part of any offer or contract. No information provided should be relied upon as a statement of fact.
Additionally, any services, systems, or appliances listed have not been tested by us, and we make no guarantees regarding their functionality or efficiency.
All measurements are intended as a general guide for prospective buyers and may not be exact. Some details may be subject to vendor approval.
If you require further clarification, particularly if you are traveling a significant distance to view the property, please contact us.
The final agreement on fixtures and fittings will be determined between the buyer and seller through the official fixtures and fittings form, which will form part of the legal contract handled by the conveyancing solicitors.
As the marketing estate agent, none of our particulars or discussions are legally binding, only formal solicitor documentation holds legal weight.
Cloud9 Estates has not verified the legal title of the property, and buyers are advised to seek confirmation through their solicitor.
Living room / kitchen 7.15m x 3.89m max bedroom one 2.78m x 1.85m max bedroom two 3.03m x 3.88m max bedroom three 3.91m x 3.61m max bedroom four 3.38m x 3.08m max bedroom five 3.58m x 3.90m max
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 24, Canal View, Coventry
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