Offers in region of
£275,000
4 bed end terrace house for saleCarmelite Road, Coventry, West Midlands CV1
4 beds
4 baths
1 reception
EPC Rating: D
- Chain free
- Freehold
99Home Ltd
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About this property
Chain Free
Property Ref: 15095
Exceptional Tenanted Investment Opportunity - Freehold HMO in Prime Coventry Location!
Key Highlights:
- Fully Tenanted - Generating £35,472 per annum
- Yield Circa 14% - High Return on Investment
- Freehold - Long-Term Asset Security
- Licensed HMO - 5 Years Remaining
- 4 Spacious Lettable Rooms - All with Private Bathrooms
- Ideal for Professionals or Students - High Demand Area
Property Overview
A fantastic opportunity for investors, this end-of-terrace, three-storey freehold property is a licensed HMO with four individually let rooms, each with its own bathroom, offering modern and self-contained living for tenants. With a current rental income of £35,472 per year and a strong gross yield of approximately 14%, this property is a ready-made, cash-flowing investment.
Stylish & Practical Accommodation
Ground Floor:
Welcoming entrance hallway
Bright communal lounge - perfect for socialising
Contemporary fitted kitchen with ample storage
Shower room for additional convenience
Spacious Bedroom 1 (11'1x 8'1)
First Floor:
Bedroom 2 with en-suite (11'7 max x 10'11)
Bedroom 3 with en-suite (11'9 max x 9'11)
Second Floor:
Bedroom 4 - top-floor suite with private en-suite (15'4 max x 11'8 max)
Outdoor Space & Parking
Low-maintenance front and rear gardens
On-street parking available
Services & Essentials
Gas central heating
Mains electricity, water, gas, and sewage
EPC Rating: D
Council Tax Band: A
Prime Location - High Tenant Demand
Positioned in the heart of Coventry, this property is within walking distance to Coventry University, the city centre, local amenities, and transport links. A popular rental area for both students and working professionals, ensuring continued demand and minimal void periods.
Tenure & Tenancies
Tenure: Freehold
Tenancies: All rooms currently let under Assured Shorthold Tenancies
Secure this Turnkey Investment Today
Don't miss out on this high-yield, fully operational HMO opportunity in one of Coventry's strongest rental markets. Whether you're expanding your portfolio or entering the property investment space, this property offers the perfect blend of security, return, and location.
Property Type: End of Terrace
Full selling price: £275000.00
Pricing Options: Offers in the region of
Tenure: Freehold
Council tax band:A
EPC rating: D
Measurement: 1284 sq.ft.
Outside Space: Front Garden, Rear Garden
Parking: Permit
Heating Type: Central Heating
Chain Free and Chain Sale: Chain Free
Possession of the property: Tenanted
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For viewing arrangement, please get in touch with 99home.
If calling, please quote reference: 15095
gdpr Applying for the above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property-related information.
*Virtual viewings: Some or all information pertaining to this property may have been provided solely by the vendor/landlord, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content.
Aml: To comply with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, , who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £20 per buyer, payable direct to AMLTeam . Please note, we are unable to issue a memorandum of sale until the checks are complete.
Referral fees We may suggest reputable providers of supplementary services, such as Conveyancing, Financial Services, Insurance, and Surveying. If you choose to utilize their services based on our recommendation, we may receive a commission payment or another form of benefit, referred to as a referral fee. It's important to note that you are not obligated to engage with the services of the recommended provider.
*Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
*General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the detailing for you, especially if you are contemplating traveling some distance to view the property.
*99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Fraud warning We have had reports of fraudulent activities in our industry. Do not make any payment directly to the landlord or the seller. Be cautious of emails or messages asking you to transfer funds to any account, please contact us by telephone immediately to verify the authenticity of the communication and under no circumstances action the request. If you paid any deposit or rent to 99home, we will release the fund to the landlord once you have moved in. Your safety is our top priority.
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