For Sale 7 Bed House - Mid Terrace
Friars Road, City Centre, Coventry *HMO Property* Offers Over £400,000
Property Features
Friars Road, City Centre, Coventry, CV1 2LL
Contact Agent
Sales24a Warwick Row
Coventry
CV1 1EY
Tel: 02477 170170
sales@matthewjames.uk.com
About the Property
***FANTASTIC INVESTMENT OPPORTUNITY IN THE HEART OF COVENTRY CITY CENTRE*** This impressive mid-terrace property boasts an exceptional layout with seven en-suite bedrooms, four of which are thoughtfully designed as studios. The property has been updated and modernised by the current landlord, ensuring a contemporary living experience that is both convenient and functional.
This residence is ideally situated within walking distance of Coventry Train Station and plenty of local amenities, making it a prime location and is offered for sale with the current tenants in situ, providing an immediate income stream.
Accommodation in brief: Entrance Hall, seven bedrooms with en-suites, four of which are studios situated over three floors, spacious communal kitchen with rear access to the courtyard garden.
This property represents a unique opportunity for those seeking a lucrative investment in a vibrant city centre location. Whether you are an experienced landlord or a first-time buyer looking to enter the rental market, this home is sure to impress with its amenities and prime location. With a valid HMO licence, this property is currently generating a substantial rental income of £3,995 per calendar month, presenting a fabulous financial return and there is no chain, allowing for a smooth transaction process.
- *SEVEN EN-SUITE BEDROOMS (FOUR STUDIOS)*
- *HMO LICENCE*
- *UPDATED AND MODERNISED THROUGHOUT*
- *SOLD WITH TENANTS IN SITU*
- *COMMUNAL KITCHEN*
- *PRIME LOCATION-CITY CENTRE*
- *GAS SAFETY CERTIFICATE*
- *EICR CERTIFICATE*
- *COURTYARD GARDEN*
- *FANTASTIC RENTAL YIELD- £3995/PCM*
Property Details
Approach- Ground Floor
Entrance Hallway
Bedroom One/ En-Suite
4.47m x 3.81m (not including en-suite) (14'8 x 12'
Bedroom Two / En-Suite
3.96m x 3.07m (not including en-suite) (13'0 x 10'
Communal Kitchen
3.61m x 2.97m (11'10 x 9'9)
Bedroom Three/ En-Suite
3.81m x 3.00m (not including en-suite) (12'6 x 9'1
First Floor Landing
Bedroom Four/ En-Suite
4.93m x 3.78m (not including en-suite) (16'2 x 12'
Bedroom Five/ En-Suite
3.94m x 3.10m 2.74mnot including en-suite) (12'11
Bedroom Six/ En-Suite
3.84m x 3.02m (not including en-suite) (12'7 x 9'1
Second Floor - Bedroom 7/ En-Suite
4.88m x 4.55m (not including en-suite) (16'0 x 14'
Courtyard Garden
We are led to believe that the council tax band is band A. *Studios have separate council tax* This can be confirmed by calling Coventry City Council.
The property EPC (Energy Performance Certificate) rating is rated a D.
PLEASE NOTE:-
To adhere to the Money Laundering Regulations 2007 Act, we are duty bound to carry out checks on all of our clients to confirm their identity. In line with legal requirements, all purchasers who have an offer accepted on a property being sold by Matthew James Property Services Limited must complete an identification check. To carry out these checks, we work with a third party specialist provider and a fee of £25.00 plus VAT per purchaser is payable in advance once an offer has been agreed and before a Memorandum of Sale can be issued. Please also note that this fee is non refundable under any circumstances.
