4 bed terraced house for sale

Colchester Street, Coventry CV1

Description

Attention investors - excellent HMO investment opportunity

An outstanding opportunity to acquire a well-presented four-bedroom HMO investment property, ideally located within one of Coventry's most popular student and professional rental areas. Situated within easy walking distance of Coventry University, Coventry City Centre and an excellent range of local amenities, the property is ideally positioned to benefit from strong and consistent rental demand. The property further benefits from a recently installed gas central heating boiler, providing added peace of mind for prospective purchasers.

The property is currently operated as a licensed House in Multiple Occupation (HMO) and is currently let, producing a rental income of £1,300 per calendar month, making it an attractive investment opportunity. Prospective purchasers should satisfy themselves regarding any licensing requirements following completion.

The accommodation briefly comprises an entrance hallway, a spacious communal lounge, a modern fitted kitchen, four well-proportioned bedrooms and two contemporary bathrooms. The property has been refurbished to a high standard and benefits from modern fixtures and fittings, together with upgraded fire safety features. Externally, there is a private rear garden and on-road parking.

Offering immediate rental income with excellent future investment potential, this property represents an ideal addition to an established portfolio or an excellent first HMO investment in one of Coventry's strongest rental locations.

Early viewing is highly recommended.

Ground Floor

The ground floor offers an entrance hallway, one double bedroom, a spacious communal lounge, a modern fitted kitchen and a contemporary shower room.

Entrance Hall - Providing access to the ground floor bedroom and lounge, with central heating radiator.

Ground Floor Bedroom One - Double glazed window to the front elevation, central heating radiator and newly fitted carpet.

Lounge - Double glazed window overlooking the rear garden, central heating radiator, newly fitted carpet and door leading to the kitchen.

Kitchen - Fitted with a modern range of wall and base units incorporating work surfaces, gas cooker with extractor hood, space for domestic appliances, central heating radiator, double glazed windows and door providing access to the rear garden.

Ground Floor Shower Room - Fitted with a contemporary suite comprising a low-level WC, wash hand basin and enclosed shower.

First Floor

The first floor comprises three further double bedrooms and a modern family bathroom. All rooms have been recently redecorated and benefit from newly fitted carpets and replacement fire doors.

Bedroom Two - Double glazed window to the front elevation, central heating radiator and newly fitted carpet.

Bedroom Three - Double glazed window to the rear elevation, central heating radiator and newly fitted carpet.

Bedroom Four - Double glazed window to the rear elevation, central heating radiator and newly fitted carpet.

Bathroom - Fitted with a contemporary suite comprising a low-level WC, wash hand basin, enclosed shower, central heating radiator and tiled walls and flooring.

Outside

Rear Garden - Enclosed rear garden with paved patio area and fenced boundaries.

Council Tax Band: A
Tenure: Freehold