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6 bed semi-detached house
Gulson Road, Coventry, West Midlands, CV1
Planning
£325,000
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Our Summary
- Planning Approval Planning permission has been granted for a rear extension, providing future asset management or value-add potential
- Coventry Planning Reference: CLICK HERE Condition & EPC EPC Rating: D (assessment carried out in 2019) The property has been refurbished since the EPC was conducted, suggesting potential for an improved rating upon reassessment
- Fully tenanted - immediate income from day one Strong double-digit gross yield High-demand student location 6 en-suite configuration (premium rental model) Long-term HMO licence in place Planning approval for future extension Potential for company purchase Refurbished property Coventry continues to demonstrate strong rental demand driven by its large student population and ongoing city centre regeneration, making this an attractive long-term income-producing asset
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Description
The property is a 6-bedroom, 6 en-suite HMO at Gulson Road, Coventry, CV1 2HY. The property has 6 rooms, each let at £500 pcm, generating a total monthly income of £3,000 and a total annual gross income of £36,000. The property has 6 en-suite bathrooms, a rear extension granted by planning permission, and an EPC rating of D (with potential for an improved rating following reassessment).