
Oliver Street, Coventry

- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
4
- SIZE
Ask agent
- 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
- Sale by Modern Auction (T&Cs apply)
- Subject to an undisclosed Reserve Price
- Buyers fees apply
- Four Bedroom HMO
- Fully Licensed HMO
- Four Income Generating Rooms
- Tenants in Situ
- Currently Generating Approx £20,400 Per Annum.
Description
SUMMARY
A spacious four-bedroom HMO property located within easy reach of Coventry City Centre and Coventry University. Offering well-proportioned accommodation, communal living space and excellent rental potential, this property is an ideal investment opportunity in a sought-after rental location.
DESCRIPTION
An excellent investment opportunity, this substantial four-bedroom HMO property is ideally situated in a popular residential location close to Coventry City Centre, Coventry University and a wide range of local amenities. Currently configured as a House in Multiple Occupation, the property offers spacious and flexible accommodation, making it an attractive prospect for investors seeking a ready-made rental property.
The accommodation comprises a generous communal living area, fitted kitchen, four well-proportioned bedrooms two and three with ensuites and bathroom facilities arranged to suit shared living. The layout provides comfortable accommodation for tenants whilst maximising rental potential.
Externally, the property benefits from a private rear garden, offering additional outdoor space for occupants. Further features include gas central heating and double glazing throughout.
Conveniently positioned for access to Coventry University, the city centre, public transport links and major road networks, the property is ideally placed to appeal to students and professional tenants alike. With strong rental demand in the area, this property represents a fantastic investment opportunity with long-term income potential, currently £1710 PCM, No Arrears
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Approach
Front door leading to:
Reception Room
Double glazed window to the front aspect, stairs rising to the first floor and a radiator.
Internal Hallway
understairs cupboard and door to:
Kitchen
The kitchen has a range of wall and base units with a stainless steel sink and drainer unit with work surfaces and tiles splashbacks over, gas cooker point, plumbing for washing machine, double glazed window to the side aspect, door leading to the rear garden and further door to:
First Floor Landing
doors leading to:
Bedroom One
Double glazed window to the rear aspect, radiator and door to:
En-Suite
Being tiled and comprising a shower cubicle, low level wc and a wash hand basin.
Bedroom Two
Double glazed window to the rear aspect, radiator and door to:
En-Suite
Being tiled and comprising a low level wc, shower cubicle and a wash hand basin.
Bedroom Three
Double glazed window to the front aspect and a radiator.
Ensuite
Being tiled and comprising a low level wc, shower cubicle and a wash hand basin.
Bedroom Four (ground Floor)
Double glazed window to the rear aspect and a radiator, this room has it's own ground floor bathroom.
Bathroom (Ground Floor)
Being part tiled and comprising a bath with shower over, low level wc, wash hand basin, radiator and double glazed window to the side aspect.
Outside
To the front is a paved foregarden.
To the rear is a patio area with a side gate providing a right of way.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Brochures
PDF Property ParticularsFull Details- 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.
- 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.
- Ask agent
Oliver Street, Coventry
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Affordability
Notes
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Visit our security centre to find out moreDisclaimer - Property reference COV324513. 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 Connells, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Connells, Coventry on 024 7518 6672.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
*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.









