House For Sale £225,000
Seize the opportunity to invest in a prime 4 bedroom property that seamlessly combines contemporary comfort with an optimal location for maximum returns. Act now to secure your place in the thriving Warwick and Coventry property market.
Property description
Immediate Returns: With a secure tenancy agreement already in place, new investors can seamlessly step into a profitable venture. Begin generating income from day one.
HMO qualified: Designed to meet HMO guidelines and has HMO License in place, providing a secure and lucrative investment opportunity.
Spacious Interiors: The ground floor features a generous hallway with ample storage, a delightful double bedroom with a bay window, and a contemporary open-plan kitchen-living area. The kitchen boasts ceramic tile flooring, modern grey units, stainless steel appliances, and a comfortable lounge area with UPVC French doors leading to the rear garden.
Four Double Bedrooms: Expertly remodeled to offer four double bedrooms, meeting the demands of today's tenants and aligning with HMO standards.
Modern Comforts: Benefit from modern central heating, UPVC double glazing throughout, and low-maintenance front and rear gardens, ensuring a hassle-free investment.
Rooms: The first floor provides three additional double bedrooms, each tastefully decorated, and two modern shower rooms featuring white ash basins, W/Cs, and shower cubicles.
Prime Location: Situated in a highly sought-after student locale, this property offers proximity to both Warwick and Coventry Universities, enhancing its attractiveness to students.
Current Status (2024):
Rental Increase: Currently leased at £2,080 per month to four students, the property's rent will rise to £2,239 p.c.m. from July 1, 2024, promising enhanced returns.
Family Home Potential: Beyond its appeal to the student market, this property holds the potential to be an excellent family home, enhancing its versatility for a broad range of prospective occupants.
EPC Rating: D
