£210,000
(£181/sq. ft)
4 bed detached house for saleDorset Road, Coventry CV1
4 beds
1 bath
1 reception
1,163 sq. ft
EPC Rating: C
- Chain free
- Freehold
Homemaker Properties
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About this property
Four Bed Licensed HMO - 5 Year Licence Granted
No Upward Chain
CV1 Postcode - Approx. 1 Mile from City Centre
Currently Leased - Contract Until 31/01/2026
Achieving a Gross Rental Income of £1250PCM
Mid-Terraced House
Single Storey with Potential for Loft Conversion
Council Tax Band D
Energy Performance Rating C
*investment opportunity* *no upward chain* HMO Licensed property in an area with an Article 4 Direction. Property consists of 4-bedrooms sharing two bathrooms and a reception room. Located in the Radford area approximately 1-mile to Coventry City Centre.
Investment Opportunity
Opportunity to purchase a 4-bed HMO licensed property. Licensed issued by Coventry City Council in November 2024 for 5-years.
The property is currently leased on a 3-year lease which is due to expire on the 31/01/2026. The current rent being achieved is £1,250PCM.
The property is currently a single storey house with the potential to go into the loft with planning considerations.
Details
An operational HMO located in the Radford / City Centre area of Coventry (CV1), which has an Article 4 Direction on HMO's. The property consists of 4 bedrooms with two shared shower rooms and a lounge. The property is currently let out on a lease which expires January 2026.
Accommodation comprises of;
Entrance Hallway
Front Door into Entrance Hallway with laminate flooring and doors leading to;
Bedroom 1 (4.48 x 2.79 (14'8" x 9'1"))
Laundry Room (1.75 x 0.88 (5'8" x 2'10"))
Laundry Room leads into;
Shower Room 1 (1.75 x 1.84 (5'8" x 6'0"))
With toilet, hand basin, and shower cubicle.
Bedroom 2 (2.93 x 3.84 (9'7" x 12'7"))
Kitchen (1.95 x 2.84 (6'4" x 9'3"))
Bedroom 3 (2.77 x 3.00 (9'1" x 9'10"))
Lounge (4.57 x 2.77 (14'11" x 9'1"))
Bedroom 4 (5.50 x 2.06 (18'0" x 6'9"))
Shower Room 2
With toilet, hand basin, and shower cubicle.
Disclaimer
Whilst we make enquiries with the Seller to ensure the information provided is accurate, Homemaker Properties makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations
Should a purchaser(s) have an offer accepted, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
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