Six Bedroom HMO Located In Coventry

Coventry, CV1 2BA
£384,950
Business ID:
#2547
£384,950
  • Ref: 2547
  • Type: Investment Property
  • Availability: Sold
  • Veritas Categories: - Investment Property
  • Business ID: 2547
  • Commercial Tenure: Freehold
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  • Floorplan
  • Floorplan
  • Floorplan

Property Features

  • Six Bedroom HMO (all ensuite rooms)
  • Recently Renovated
  • Close to City Centre
  • Fully Let
  • Income £38,250 pa

Full Details

Freehold Six Bedroom HMO Located In Coventry
Investment Opportunity
Ref 2547

Location
This recently renovated and well maintained six bedroom terraced property is located on Terry Road in the sought after area of Stoke. Ideally situated close to Coventry City Centre, Coventry University and gives easy access to Leamington Spa and the Warwickshire area.

Freehold Asking Price: £384,950

Business Description
Veritas Business Sales are privileged to offer to the market this delightful Six Bedroom HMO which is located in Coventry. The property was purchased by our clients in 2018 and is now being offered for sale due to other business commitments .
Since ownership there has been continual investment in the upkeep of the property which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The property has an HMO approved licence and is fully let to students on an 11 month contract which generates an income of £38,250 pa. There is also an AST contract for 2021/22 – 11 months already signed. This is a superb investment opportunity and as such early viewing is highly recommended as this is one not to be missed.

Ground Floor
Approach
Double glazed front entrance door to

Entrance hall with radiator, alarm keypad, under stair storage cupboard and stairs rising to first floor.

Kitchen/Diner 17' 11" max x 12' 2" max ( 5.46m max x 3.71m max )
Comprising of wall and base mounted units, stainless steel sink drainer with tiled splashbacks, integrated electric double oven, five ring gas hob, extraction hood, plumbing for a washing machine, radiator, inset spotlights, storage cupboard with combination boiler (Potterton) & vented water tank, and double glazed window to the side elevation.
Communal Lounge 16' 5" x 8' 4" ( 5.00m x 2.54m ) with radiator, television point, inset spotlights and double glazed French door opening onto the rear garden.

Bedroom One 13' 5" into bay x 11' 7" max ( 4.09m into bay x 3.53m max ) with double glazed bay window to the front elevation, television point and radiator.
En-Suite Shower Room
Tiled, with shower cubicle, wash hand basin set into vanity unit, toilet, heated towel rail and extractor fan.

Bedroom Two 16' 5" x 7' 11" max ( 5.00m x 2.41m max ) with double glazed window to the rear elevation, television point and radiator.
En-Suite Shower Room
Tiled, with shower cubicle, wash hand basin set into vanity unit, toilet, heated towel rail and extractor fan.

First Floor

Bedroom Three 13' 8" into bay x 14' 8" inc recess ( 4.17m into bay x 4.47m inc recess ) with double glazed window to the front elevation, built-in wardrobe, television point and radiator.
En-Suite Shower Room
Tiled, with shower cubicle, wash hand basin set into vanity unit, toilet, heated towel rail, extractor fan and double glazed window to the front elevation.

Bedroom Four 11' 7" x 9' 3" ( 3.53m x 2.82m ) with double glazed window to the rear elevation, built-in wardrobe, television point and radiator.
En-Suite Shower Room
Tiled, with shower cubicle, wash hand basin set into vanity unit, toilet, heated towel rail, extractor fan and double glazed window to the rear elevation.

Second Floor

Bedroom Five 13' 5" x 9' 8" max ( 4.09m x 2.95m max ) with two double glazed velux windows to the front elevation, television point, radiator and storage cupboard over stairs.
En-Suite Shower Room
Tiled, with shower cubicle, wash hand basin set into vanity unit, toilet, heated towel rail and extractor fan.

Bedroom Six 17' 1" max x 9' ( 5.21m max x 2.74m ) with double glazed window to the rear elevation, television point and radiator.
En-Suite Shower Room
Tiled, with shower cubicle, wash hand basin set into vanity unit, toilet, heated towel rail and extractor fan.

External

Frontage with flower bed and steps down to the front entrance door. Rear paved garden and concrete garage.

EPC Rating C