Property

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Property

Sir Henry Parkes Road, Coventry CV4
£500,000

Our Summary

  • Fully refurbished, decorated, and furnished to a high standard, this is a complete turnkey solution requiring no additional work - a high-performing, hands-off investment in a prime student location

Description

This fully licensed 6-bed HMO investment property is situated just a short walk from Warwick University and is being offered at offers over £500,000, with a strong rental return. The property has recently been renewed for a 5-year HMO licence and is currently let to a group of 6 female students until 2026, generating a gross rent of £47,520 per annum. With annual bills of approximately £4,186, the net rental income is £43,334, providing a net yield of around 8.67%. The property has been fully refurbished, decorated, and furnished to a high standard, offering a complete turnkey solution that requires no additional work. With its prime location and high-performing investment potential, this property is an attractive opportunity for investors seeking a hands-off, high-yielding investment.