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3 bed property, in Richmond Street, £165,000
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3 bed terraced house

Richmond Street, Stoke, Coventry, CV2 4HZ
£165,000

Our Summary

  • Investment Opportunity – Fully Converted 3-Unit HMO Near Clay Lane/Walsgrave Road

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Description

The property is a fully converted 3-unit HMO located near Clay Lane/Walsgrave Road, with a gross yield of 11.75% and net yield of 10.03%. The property has been converted from a traditional two-bedroom terraced home and features three self-contained studio units. It has a clay tile roof, is constructed from brick and block, and benefits from direct mains water, National Grid electricity, and standard UK domestic sewerage arrangements.

The property has a central electric heating system and provides on-site parking.