Kingsway, Coventry
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
6
- SIZE
1,391 sq ft
129 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.
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Key features
- 6 Double Bedrooms All With Modern En-Suite Bathrooms
- HMO Licence In Place Since 2015
- Approx. £3,500 PCM Net Income After Bills
- 10.6% net yield
- Walking Distance To Coventry University
Description
Extending to approximately 1,391 sq ft, the property has been refurbished to a high standard throughout and is configured to maximise rental income, with all six spacious bedrooms benefiting from modern en-suite bathrooms. The accommodation also includes a contemporary fitted kitchen, a well-presented communal lounge, and gas central heating throughout.
The property has held an HMO licence since 2015 and also benefits from a Lawful Development Certificate, providing additional reassurance for investors and lenders alike.
Located on Kingsway in the popular CV2 area, the property is ideally positioned within walking distance of Coventry University, Coventry city centre, transport links, and a wide range of local shops, supermarkets, restaurants, and amenities. The area continues to see strong tenant demand from students and young professionals, making this an ideal long-term investment opportunity.
Key Features
Fully Licensed 6 Bedroom HMO
6 Modern En-Suite Bedrooms
Approx. 1,391 sq ft
£42,000 Gross Annual Income
Approx. £3,500 PCM Net After Bills
10.6% Net Yield Based On Asking Price
HMO Licence In Place Since 2015
Lawful Development Certificate Granted
Modern Fitted Kitchen
Spacious Communal Lounge
Gas Central Heating
Walking Distance To Coventry University & City Centre
Close To Local Amenities & Transport Links
High Demand Rental Location
Turnkey Investment Opportunity
- 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: D
- 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
Kingsway, Coventry
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Visit our security centre to find out moreDisclaimer - Property reference 76-kingsway. 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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