Gulson Road, Coventry, West Midlands, CV1
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
6
- BATHROOMS
6
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Six bedroom six bathroom HM
- Net yield: 9.2%
- Gross rental income: £36,000
- Refurbished before current tenants moved in
- Extedned to the rear
- Full tenanted with students/postgraduates
Description
Fully Tenanted 6-Bedroom, 6-En Suite HMO Investment | Asking Price: £325,000
Investment Overview
An excellent opportunity to acquire a fully tenanted, high-yielding 6-bedroom, 6 en-suite HMO property located in a prime rental area of Coventry, within close proximity to Coventry University and the city centre.
The property is fully let to a mix of students and recent graduates, offering immediate income from completion.
Income Profile
6 Rooms at £500 pcm
Total Monthly Income: £3,000
Total Annual Gross Income: £36,000
Outgoing Costs (Annual)
Gas & Electricity: £3,000
Water: £500
Council Tax: £1,500
Internet: £400
Cleaning: £800
Total Annual Running Costs: £6,200
Net Income
Net Annual Income: £29,800
Yield Analysis
Gross Yield: 11.08%
Net Yield (after running costs): 9.17%
This represents a strong return compared to traditional buy-to-let investments and current market conditions.
Licensing & Compliance
Full HMO Licence granted by Coventry City Council
Licence valid from 22nd April 2024
Valid for 5 years
Permitted for 6 persons from 6 households
The property is fully compliant and operating within local authority regulations.
Planning Approval
Planning permission has been granted for a rear extension, providing future asset management or value-add potential.
Coventry Planning Reference: CLICK HERE
Condition & EPC
EPC Rating: D (assessment carried out in 2019)
The property has been refurbished since the EPC was conducted, suggesting potential for an improved rating upon reassessment.
Ownership Structure
The property is currently held within a limited company, with the property as its sole asset. This may provide potential tax efficiencies for investors seeking a corporate acquisition (subject to legal and financial advice).
Why Invest in 115 Gulson Road?
Fully tenanted - immediate income from day one
Strong double-digit gross yield
High-demand student location
6 en-suite configuration (premium rental model)
Long-term HMO licence in place
Planning approval for future extension
Potential for company purchase
Refurbished property
Coventry continues to demonstrate strong rental demand driven by its large student population and ongoing city centre regeneration, making this an attractive long-term income-producing asset.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Gulson Road, Coventry, West Midlands, CV1
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Visit our security centre to find out moreDisclaimer - Property reference 115-Gulson-Road. 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 Pure, Manchester. 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.
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