3 bedroom terraced house for sale
Newham Road, Stoke CV1 5BB
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
3
- SIZE
624 sq ft
58 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Kitchen-Diner
- Garden
- En-suite
- Full Double Glazing
- Gas Central Heating Combi Boiler
Description
**Attention investors £18,840 pa in rent**HMO* Gross yield of 11.78% or Net yield 9.21% *fully let* Suttons are proud to offer for sale a three-bedroom terraced HMO located close to Coventry City Centre/University. The property briefly comprises of a shared communal kitchen with appliances; the ground floor has its own private ensuite and kitchenette and private access to the rear garden that backs onto Coventry Canal. To the first floor are two further bedrooms both benefiting from their own kitchenette and ensuite. Landlord covers the bills for the tenants.
Good to know:
The property holds a valid HMO licence, ensuring compliant multi-occupancy use (valid 5-year HMO licence (until 2027)
EICR in the process of being redone, so this will be valid from 2026 to 2031
EPC Rating D (to be renewed in March 2026) Rating is expected to improve due to works done since.
Council Tax Band A
Internal area 58 square meters / 624 square foot.
Modern combi boiler installed 2023 and serviced regularly.
New doubled glazed windows with a 10 year warranty
--
Rental income:
Flat 1- (ground floor) – Tenanted - £595pcm / £7,140 pa
Flat 2 – (first floor front) – Tenanted - £495pcm / £5,940 pa
Flat 3 – (first floor rear) – Tenanted - £480pcm / £5,760 pa
=£18,840 pa
--
The vendor covers the bills on the property:
Wi-Fi - £255 pa
Gas/electricity -£1790 pa
Water (unmetered) - £451 pa
Council Tax - £1,609 pa
=£4,105 pa in expenses
AST has a fair policy clause. The vendor set up the allowance of £60 per month per person for the Utilities over 3 months.
Gross rental yield 11.78% and Net 9.21% - which makes this an excellent investment.
Reason for sale: Landlord retiring.
Water source: Direct mains water.
Electricity source: National Grid.
Sewerage arrangements: Standard UK domestic.
Parking Availability: Yes.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Newham Road, Stoke CV1 5BB
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference suttons_1722848258. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Suttons, Coventry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.