House For Sale £435,000
St. Patricks Road, Coventry CV1
previous price £450,000

Summary
calling all investors. The opportunity has arisen to purchase a well presented fully licensed HMO seven bedroom property with five en-suites situated in the heart of the City Centre with a rental income of £37,800 per annum.

Description
Looking for a rental investment property with a 8.4% return? Look no more! Shipways welcomes to the market a fantastic opportunity to purchase a well presented ready made fully licensed HMO seven bedroom property with five en-suites situated in the heart of the City Centre, meaning walking distance to the train station and the University and with a potential rental income of £37,800 per annum based on £450 pcm per room.

The property comprises of entrance hallway, bedroom 1 with ensuite, bedroom 2 with ensuite, lounge/kitchen/living area with fitted kitchen with two sinks, two hobs, two ovens, downstairs shower and separate WC and bedroom 3. To the first floor is bedroom 4 and 5 with ensuites, bedroom 6 and to the second floor is bedroom 7 with an ensuite.

Viewing is available now so call us to arrange your appointment.

Entrance Hall
With double glazed door to front, radiator, stairs rising to first floor and an under stairs storage cupboard.

Bedroom One 12' 1" x 12' 5" ( 3.68m x 3.78m )
With double glazed bay window to front aspect, radiator and sliding door to en-suite

En-Suite 7' 6" x 2' 11" ( 2.29m x 0.89m )
With shower cubicle, low flush WC and wash hand basin

Bedroom Two 10' x 10' ( 3.05m x 3.05m )
With double glazed door to rear garden, radiator and sliding door to en-suite

En-Suite 7' 2" x 2' 7" ( 2.18m x 0.79m )
With shower cubicle, low flush WC and wash hand basin

Kitchen / Diner / Living 27' x 9' 1" ( 8.23m x 2.77m )
Being a communal area and with double glazed window to side aspect, two radiators, a range of eye level and base units with work surfaces over, two stainless steel sink drainer units with mixer taps, two electric ovens, two gas hobs with extractors and space for white goods

Lobby
With door to garden, door to WC and door to shower room

Shower Room
With radiator, shower and wash hand basin

Wc
With low flush WC and wash hand basin

Bedroom Three 10' 2" x 8' 6" ( 3.10m x 2.59m )
With double glazed window to side aspect and radiator

First Floor Landing
With radiator, storage cupboard and stairs rising to second floor

Bedroom Four 13' 5" x 11' 9" ( 4.09m x 3.58m )
With double glazed bay window to front aspect, radiator, built-in wardrobe and door to en-suite

En-Suite
With shower, low flush WC and wash hand basin

Bedroom Five 9' 10" x 13' 1" ( 3.00m x 3.99m )
With double glazed window to rear aspect and radiator

Shower Room 6' 2" x 5' 10" ( 1.88m x 1.78m )
With window to side aspect, radiator, shower cubicle, wash hand basin and low flush WC

Bedroom Six 9' 6" x 9' 2" ( 2.90m x 2.79m )
With double glazed window to front aspect, radiator and door to en-suite

En-Suite
With shower, low flush WC and wash hand basin

Second Floor Landing
With door to bedroom seven

Bedroom Seven 17' 8" x 10' 7" ( 5.38m x 3.23m )
With double glazed window to front aspect, radiator, built-in wardrobe and door to en-suite

En-Suite
With Velux window, shower cubicle, low flush WC and wash hand basin

Front Of Property
The property has a block paved foregarden with brick wall

Rear Garden
The rear courtyard style garden is block paved

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour 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 the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.