House For Sale £240,000
An excellent opportunity to acquire a investment property set in the heart of Canley, only 8 minutes walk from Warwick University and short drive away from Coventry City centre. This 3 bed 3 Bath HMO would be ideal for letting to Warwick University students or professional worker.
The property is currently licenced to accommodate 3 occupants however there is Consented development and architects approved drawings to converte into a 5-bedroom Ensuite HMO by utlising space within the property. Rental potential- £30k-£33k per year.
Currently tenants are paying between £550 per room, which amounts to £1,650 per month and bills are included in rent.
The property will be fully tenanted and income producing from day one, with a licence and managing agent in place. High specification throughout, ideal for the professional rental market. If you're an HMO investor then it doesn't come more hands-off than this.
*open house: Saturday 4th February | 1PM - 3PM*
The property is currently licenced to accommodate 3 occupants however there is Consented development and architects approved drawings to converte into a 5-bedroom Ensuite HMO by utlising space within the property. Rental potential- £30k-£33k per year.
Currently tenants are paying between £550 per room, which amounts to £1,650 per month and bills are included in rent.
The property will be fully tenanted and income producing from day one, with a licence and managing agent in place. High specification throughout, ideal for the professional rental market. If you're an HMO investor then it doesn't come more hands-off than this.
*open house: Saturday 4th February | 1PM - 3PM*
