4-bedroom house · CV3 4BW
Listing removedReduced £10k (−4.3%) on 27 DecListed 378 days
Opportunity summary
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About
Summary This HMO mid terraced property is generating an attractive 12.57% gross yield per year. Four ensuite bedrooms and currently let.
Description This HMO mid terraced property is generating an attractive 12.57% gross yield per year and is located within easy access of Jaguar Land Rover, Coventry City Centre, Coventry University and offering good access to the A46 and A45 which both provide excellent commuting links with the Midland Motorway Network.
The accommodation comprises ground floor entrance hallway, two bedrooms with two en-suite shower rooms, fitted kitchen and to the first floor there are a further two more bedrooms again both with en-suite shower rooms.
Approach Double glazed front door. Porch Double glazed internal door to; Entrance Hall Stairs rising to first floor, laminate flooring, radiator.
Bedroom One 12' 4" x 7' 4" ( 3.76m x 2.24m ) Double glazed window to the rear elevation, wardrobe and radiator. En-Suite Tiled, comprising shower cubicle, wash hand basin, toilet, radiator.
Bedroom Two 10' 7" into bay x 10' 8" max ( 3.23m into bay x 3.25m max ) Double glazed bay window to the front elevation, radiator and wardrobe.
En-Suite Tiled, comprising shower cubicle, wash hand basin, toilet, radiator.
Fitted Kitchen Wall and base mounted units incorporating an inset single drainer sink unit with work surfaces and tiled splashbacks over.
Integrated electric oven and gas hob with cookerhood over, plumbing for automatic washing machine, space for domestic appliance, double glazed window to the rear elevation and door leading to the rear garden First Floor Landing Doors to; Bedroom Three 10' 7" x 10' 8" max ( 3.23m x 3.25m max ) Double glazed window to the front elevation, radiator and wardrobe.
En-Suite Tiled, comprising shower cubicle, wash hand basin, toilet, radiator and double glazed window to the front elevation.
Bedroom Four 10' 3" x 7' 5" max ( 3.12m x 2.26m max ) Double glazed window to the rear elevation, radiator and wardrobe. En-Suite Tiled, comprising shower cubicle, wash hand basin, toilet, radiator.
Outside Front Of Property Paved. Rear Garden Patio area beyond being laid to lawn. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 132, London Road, Coventry
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