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Peel Street, Coventry, West Midlands, CV6

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

7

SIZE

1,404 sq ft

130 sq m

TENURE
Describes 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

  • Six en-suite letting rooms arranged over three floors
  • Two ground-floor rooms, three first-floor rooms and one second-floor room
  • Private en-suite shower room for every letting room
  • Shared fitted kitchen on the ground floor
  • Rear garden
  • Separate commercial office annex beyond the garden
  • Current rental income of £3,300 per calendar month
  • Annual gross rental income of £39,600
  • Indicative gross yield of 16.5%
  • Asking price of £240,000

Description

An excellent income-producing investment opportunity at 19 Peel Street, Coventry. This substantial property is arranged over three floors and offers six en-suite letting rooms, a shared ground-floor kitchen, a rear garden and a separate commercial office annex with its own kitchen unit.

The property generates rental income of £3,300 per calendar month. This equates to £39,600 per annum and represents an indicative gross yield of 16.5% based on the asking price of £240,000.

The main property has been configured to provide practical private accommodation for each occupier. Every letting room benefits from its own en-suite shower room which provides tenants with additional privacy and reduces reliance on shared bathroom facilities.

On the ground floor there are two en-suite letting rooms together with the main shared kitchen. The kitchen is fitted with a range of wall and base units, work surfaces, a sink, cooking facilities and useful storage space.

The first floor provides three further en-suite letting rooms. Each room offers space for sleeping accommodation, storage furniture and additional furnishings such as a desk or television unit.

The second floor contains the sixth en-suite room. This accommodation is self-contained and includes its own private kitchen unit as well as an en-suite shower room. The additional kitchen facilities provide greater independence and distinguish this room from the other accommodation within the main property.

The property therefore offers two en-suite rooms on the ground floor, three en-suite rooms on the first floor and one self-contained en-suite room with a kitchen unit on the second floor.

To the rear of the main building is a garden which provides useful outside space. Beyond the garden is a separate annex arranged as a commercial office. The annex also benefits from its own kitchen unit which creates a practical and independent working environment away from the main residential accommodation.

The combination of six en-suite letting rooms, a self-contained top-floor unit and a separate office annex with kitchen facilities creates a flexible income-producing property. It may appeal to landlords, portfolio investors and buyers seeking an established rental investment with an additional commercial office element.

Accommodation summary:

Ground floor:

* Two en-suite letting rooms
* Shared fitted kitchen
* Access to the rear garden

First floor:

* Three en-suite letting rooms

Second floor:

* One self-contained en-suite letting room
* Private kitchen unit

Outside:

* Rear garden
* Separate commercial office annex
* Kitchen unit within the annex

Investment summary:

* Asking price: £240,000
* Monthly rental income: £3,300
* Annual gross rental income: £39,600
* Indicative gross yield: 16.5%
* Six en-suite letting rooms
* One self-contained second-floor room with a private kitchen unit
* Shared ground-floor kitchen
* Rear garden
* Separate commercial office annex with its own kitchen unit

This is a distinctive investment opportunity offering strong gross rental income in relation to the asking price. The property combines six private en-suite rooms, shared facilities, self-contained accommodation, outside space and a separate commercial office annex.

Brochures

Sales Brochure
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.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
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.
Ground floor

Energy performance certificate - ask agent

Peel Street, Coventry, West Midlands, CV6

Approximate location

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Affordability

Monthly repayments£1,204
Property: £ 240,000
Deposit: £ 24,000
Interest rate: 5.33%
Term: 30 years
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Extension potential
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About Humberstone Business Centre (HBC), Leicester

14 Lunsford Road, Humberstone, Leicester, LE5 0HJ

Humberstone Business Centre (HBC) is a Leicester based commercial property centre offering practical, well located business space for companies, owner occupiers and investors looking for premises with genuine operational value.

Positioned on one of the busiest routes into Leicester with private parking and strong access towards the city, HBC provides a rare combination of visibility, scale and flexibility. The centre is suited to a wide range of commercial users including online retailers, trade operators, service businesses, training providers, office based teams and businesses requiring a mix of workspace, storage and customer access.

Our approach is based on understanding how commercial space is actually used. From offices and glass-fronted work areas to larger rooms, storage space, basement areas and adaptable business accommodation, HBC focuses on properties that support day-to-day operations rather than simply offering empty space.

Humberstone Business Centre (HBC) is a Leicester based commercial property business with a practical understanding of how commercial spaces are bought, sold and assessed by real businesses.

We support commercial property sales across offices, business centres, mixed use premises, storage space, workshops, operational units and investment opportunities. Our approach is built around presenting each property in a way that highlights its true value, including location, visibility, access, parking, layout, scale, income potential and future use.

HBC understands that commercial buyers are not just looking at floor area. They are looking at how a building can work for their business, how easily it can be accessed, how it will be perceived by customers and what long term potential it offers. We focus on making those strengths clear from the first enquiry through to viewing and negotiation.

Based in Leicester, HBC is well placed to support owner occupiers, investors and businesses looking for practical commercial premises with strong operational value. Whether the requirement is a visible trading location, a flexible office base, a storage led building or a larger mixed use opportunity, we aim to connect serious buyers with spaces that make commercial sense.

Our sales approach is direct, informed and commercially realistic. We present properties with clear details, practical guidance and a strong focus on the features that matter most to buyers.

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Disclaimer - Property reference PeelStreet. 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 Humberstone Business Centre (HBC), Leicester. 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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