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See how verdicts work5-bedroom house · CV2 4HY
Listing removedListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated on Richmond Street, Coventry, this substantial five-bedroom HMO presents an excellent investment opportunity in a well-established rental location, popular with students and working professionals alike.
The property has been thoughtfully configured to maximise rental income, offering five generously sized bedrooms, including two rooms benefiting from private en-suite shower facilities, alongside a modern family bathroom serving the remaining occupants.
The accommodation is well presented throughout and provides comfortable communal living space with direct access to a private rear garden.
Arranged over multiple floors, the property offers spacious and flexible accommodation extending to approximately 1,227 sq ft, making it ideally suited for continued use as a high-yield House in Multiple Occupation (HMO).
Key Features Five-bedroom HMO investment property Two en-suite bedrooms Additional family bathroom Private rear garden Spacious accommodation arranged over multiple floors Popular rental location close to Coventry City Centre Convenient access to local amenities, transport links and universities Strong potential rental yield ( Freehold ) Located within easy reach of Coventry city centre, local shops, supermarkets, public transport links and major road networks, the property is ideally positioned to attract a consistent tenant demand.
This ready-made investment offers an attractive opportunity for both experienced landlords and those looking to expand their portfolio.
Viewing is highly recommended to appreciate the size, layout and investment potential of this excellent HMO property. Council Tax Band: B (Coventry City Council) Tenure: Freehold
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
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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
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FAQ
About 96 Richmond Street, Coventry
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