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5 bed property
Hearsall Lane, Coventry CV5
£320,000
Hearsall Lane, Coventry CV5
£320,000
Our Summary
- Investment Opportunity:
- Potential for rent increases with new tenants (£560 per room market rate)
Description
This 5-bedroom HMO property in Earlsdon, Coventry, offers a lucrative rental income stream, generating £2,695 per month (£32,340 per annum) from fully let rooms to working professionals. With a 10% yield and potential for further rental growth, this property is an attractive investment opportunity. Located just ¾ mile from Coventry City Centre and with excellent transport links, the property benefits from a strong demand from professionals, contractors, and students. The property has been fully let since September 2021, and with a guide price of £320,000, it presents a turnkey rental property for landlords looking to invest in a stable and profitable asset.