6-bedroom terraced house · CV1 4DJ
Listing removedReduced £25k (−6.3%) on 6 FebListed 322 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
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 individual studio aparmtents, 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
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
FAQ
About Chester Street, Coundon, Coventry * SIX INDIVIDUAL STUDIOS *
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