109 New Union Street
Coventry
CV1 2NT
Holyhead Road, Spon End, Coventry - OFFERS INVITED
Open To Offers £630,000
7 Bedroom House - Terraced
- SEVEN DOUBLE BEDROOMS, EACH WITH PRIVATE EN-SUITE BATHROOM
- ALL ROOMS INCLUDE INDIVIDUAL KITCHENETTES
- FULLY LICENSED AND CONFIGURED AS A HMO
- PROPERTY FULLY RENOVATED BACK TO BRICK JUST 3 YEARS AGO
- FINISHED TO A HIGH MODERN STANDARD THROUGHOUT
- COMMUNAL MODERN FITTED KITCHEN AND SHARED LIVING SPACE
- CURRENTLY FULLY LET WITH ALL ROOMS RENTED AT £750 PCM (BILLS INCLUDED)
- STRONG INVESTMENT OPPORTUNITY WITH A 10% GROSS YIELD BASED ON MARKET PRICE
- EPC - BAND D / COUNCIL TAX - BAND C
Exceptional 7-Bedroom, 7-Bathroom HMO Investment Opportunity
This mid-terrace property has been fully converted and finished to a high modern standard, offering an outstanding opportunity for investors. Comprising seven double bedrooms, each with a private en-suite bathroom and its own kitchenette, the property has been thoughtfully designed to maximise tenant comfort and independence.
Just three years ago, the house underwent a comprehensive back-to-brick renovation, ensuring a solid structure and contemporary finish throughout. The communal areas, including a modern fitted kitchen, provide additional shared facilities while maintaining a balance between privacy and community living.
The property is currently fully let, with all rooms rented at £750 per calendar month (inclusive of bills), generating a gross annual rental income of £63,000. Based on the guide price of £630,000, this equates to a gross yield of 10%, making this an excellent turnkey investment.
Communal Lounge/Kitchen
9.24m x 2.18m (30'4" x 7'2")
Bedroom 1
3.65m x 4.50m (12'0" x 14'9")
En-suite
0.96m x 2.23m (3'2" x 7'4")
Bedroom 2
4.09m x 4.32m (13'5" x 14'2")
En-suite
1.65m x 1.45m (5'5" x 4'9")
Bedroom 3
5.53m x 3.35m (18'2" x 11'0")
En-suite
0.89m x 2.22m (2'11" x 7'3")
Bedroom 4
3.33m x 4.07m (10'11" x 13'4")
En-suite
0.90m x 2.22m (2'11" x 7'3")
Bedroom 5
2.00m x 5.01m (6'7" x 16'5")
En-suite
1.73m x 2.01m (5'8" x 6'7")
Bedroom 6
5.16m x 4.03m (16'11" x 13'3")
En-suite
0.90m x 2.17m (2'11" x 7'1")
Bedroom 7
2.00m x 3.64m (6'7" x 11'11")
En-suite
0.94m x 2.17m (3'1" x 7'1")
Basement
2.00m x 5.91m (6'7" x 19'5")
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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