Kingsway

Fully licensed 6-bed, 6 en-suite HMO generating approximately £46,200 gross annual income (£3,850 PCM gross). Estimated net income after utilities and council tax is approximately £3,457 PCM / £41,484 PA. Refurbished to a high standard with modern kitchen and communal lounge. Walking distance to Coventry University, city centre and local amenities. Ideal turnkey investment offering 10.9% net yield.

• 6 Spacious Double Bedrooms All With Modern En-Suite Bathrooms
• Approx. 1,391 Sq Ft Of Accommodation
• Generating Approx. £46,200 Gross Annual Income (£3,850 PCM Gross)
• Approx. £41,484 Net Annual Income (£3,457 PCM Net)
• 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

Room Breakdown:

• Room 1 – £650 PCM
• Room 2 – £625 PCM
• Room 3 – £610 PCM
• Room 4 – £595 PCM
• Room 5 – £675 PCM
• Room 6 – £695 PCM

Monthly Outgoings:

• Gas – £145 PCM
• Electric – £120 PCM
• Water – £33 PCM
• Council Tax – £95 PCM
• Total Monthly Outgoings – £393 PCM

Financial Snapshot

Purchase Price: £380,000
Gross Income: £3,850 PCM / £46,200 PA
Net Income: Approx. £3,457 PCM / £41,484 PA
Net Yield: 10.9%

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 £46,200 per annum (£3,850 PCM gross), the property delivers an attractive gross yield of approximately 12.2% and an estimated net yield of approximately 10.9% based on the asking price of £380,000.

After the current monthly running costs of approximately £393 PCM, the property generates an estimated net income of approximately £3,457 PCM / £41,484 per annum, 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.

Key Features

• Fully Licensed 6 Bedroom HMO
• 6 Modern En-Suite Bedrooms
• Approx. 1,391 sq ft
• £46,200 Gross Annual Income
• Approx. £41,484 Net Annual Income
• Approx. 10.9% Net Yield
• HMO Licence In Place Since 2015
• Lawful Development Certificate Granted
• Modern Fitted Kitchen
• Spacious Communal Lounge
• Gas Central Heating
• Walking Distance To Coventry University & City Centre
• Close To Local Amenities & Transport Links
• High Demand Rental Location
• Turnkey Investment Opportunity