8-bedroom property · CV1 2LD
For saleListed 565 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reed Rains are pleased to bring to the market this superb HMO investment purchase in Coventry City Centre.
- Potential yield of £50,000 achievable due to prime location -two minutes walk from Coventry station making commuting to many major cities including London Euston, Birmingham very easy.
The location is also perfect for students and is within walking distance of the city centre.
The accommodation offers Entrance Hall, Cloakroom, Ground Floor Bedroom, Living Room, Kitchen, Conservatory/Further Kitchen, Lobby, Self Contained Flat with Bedroom/Living Room, Kitchen, Shower Room, Dressing Room/Study.
To the first floor of the main house there are Four Bedrooms, two with ensuite, Bathroom, W.c, and to the Second Floor there are Two Further Bedrooms.
Outside there is a Driveway, Garage and Lawn Garden. EPC Band C. Council Tax Band E.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. COV240461/8 Entrance Hall Stairs to first floor.
Cloakroom W.C Bedroom (5.18m x 5m (17' 0" x 16' 5")) Window to front.
Living Room (5.61m x 4.27m (18' 5" x 14' 0")) Conservatory/Further Kitchen (5.2m x 3.73m (17' 1" x 12' 3")) Sink Unit, range of base units.
Kitchen (3.7m x 2.8m (12' 2" x 9' 2")) Window to rear, working surfaces, cupboards, space for appliances. Rear Lobby Door to rear providing access to ground floor flat.
Self Contained Flat Open Plan Living/Bedroom (5.6m x 3.78m (18' 4" x 12' 5")) Windows and door. Kitchen (3.23m x 1.73m (10' 7" x 5' 8")) Window, Sink, working surfaces and cupboards.
Dressing Room/Study (3.1m x 2.54m (10' 2" x 8' 4")) Shower Room W.C, Wash basin and w.c.
Returning To Main House Hallway Landing Bathroom Bath with shower and w.c Separate W.c W.C Bedroom (4.3m x 3.86m (14' 1" x 12' 8")) Window to front.
Ensuite Shower Room W.C, wash basin and w.c Bedroom (4.52m x 4.27m (14' 10" x 14' 0")) Window to front.
Ensuite Shower Room Shower, w.c, wash basin Bedroom (4.06m x 2.82m (13' 4" x 9' 3")) Window to front.
Bedroom (3.56m x 3.23m (11' 8" x 10' 7")) Window to rear Second Floor Bedroom (4.85m x 4.5m (15' 11" x 14' 9")) Window to rear. Bedroom (5.2m x 2.74m (17' 1" x 9' 0")) Window to front.
Outside Generous Driveway With parking to front and side. Garage/Workshop With solar Panels Rear Garden Laid to lawn.
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 advisors 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
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FAQ
About 16, Park Road, Coventry
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