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3 bedroom terraced house for sale
Newham Road, Stoke CV1 5BB
£165,000
Newham Road, Stoke CV1 5BB
£165,000
Our Summary
- With a valid HMO licence until 2027, consistent rental income of £1,500+ per month and minimal maintenance needs, this property presents an outstanding investment opportunity
Description
This spacious three-bedroom HMO terraced property in Coventry's CV1 district is a high-yield investment opportunity for motivated investors. Each of the three self-contained rooms has its own ensuite, kitchen unit, and living space, making it a unique and desirable rental property. The property has a valid HMO licence until 2027 and is located within walking distance of Coventry University, the city centre, and excellent transport links. Currently generating £1500+ per month in rental income, the property has a strong rental appeal due to its proximity to key amenities, educational institutions, and transport hubs. The property is well-maintained, with a modern Baxi boiler, new double-glazed windows, and compliant rear stair installation for fire safety. With a consistent rental income and minimal maintenance needs, this property presents an outstanding investment opportunity for those seeking a strong return on investment.