Kingsway

Summary

Fully licensed 6-bed, 6 en-suite HMO generating approx. £42,000 PA (£3,500 PCM net after bills). Refurbished to a high standard with modern kitchen and communal lounge. Walking distance to Coventry University, city centre and local amenities. Ideal turnkey investment at 10.6% net yield.

Key information

• 6 Spacious Double Bedrooms All With Modern En-Suite Bathrooms
• Approx. 1,391 Sq Ft Of Accommodation
• Generating Approx. £42,000 Gross Annual Income
• Approx. £3,500 PCM Net Income After Bills
• HMO Licence In Place Since 2015 and Lawful Development Certificate Granted
• Recently Refurbished To A High Standard Throughout
• Modern Fitted Kitchen With Ample Storage & Appliances
• Strong Established Rental Demand
• Walking Distance To Coventry University
• Close To Coventry City Centre
• Excellent Transport Links Nearby
• Ready-Made Turnkey Investment Opportunity

Full description

This fully licensed 6-bedroom HMO presents an outstanding investment opportunity in a prime Coventry location, just a short walk from Coventry University and the city centre. Generating a strong gross annual income of approximately £42,000 per annum (£3,500 PCM net after bills), the property delivers an attractive net yield of approximately 10.6% based on the asking price of £395,000, offering investors a strong ready-made income-producing asset with established rental demand.

Extending to approximately 1,391 sq ft, the property has been refurbished to a high standard throughout and is configured to maximise rental income, with all six spacious bedrooms benefiting from modern en-suite bathrooms. The accommodation also includes a contemporary fitted kitchen, a well-presented communal lounge, and gas central heating throughout.

The property has held an HMO licence since 2015 and also benefits from a Lawful Development Certificate, providing additional reassurance for investors and lenders alike.

Located on Kingsway in the popular CV2 area, the property is ideally positioned within walking distance of Coventry University, Coventry city centre, transport links, and a wide range of local shops, supermarkets, restaurants, and amenities. The area continues to see strong tenant demand from students and young professionals, making this an ideal long-term investment opportunity.