Investment HMO Great Location
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Investment HMO Great Location

By Envisage Sales & Lettings

£ 180,000

Reviews

2 out of 5 stars

Envisage Sales & Lettings says ..

We present this fantastic well located investment property near Coventry Uni & City Centre, 3 Bedroom HMO,the property is well suited for investors looking for a good rental yield in the long term, 3 Bedrooms, Modern Lounge, Fully fitted kitchen, Modern Bathroom, must be viewed.

Property Oracle says ..

This three-bedroom property in Coventry, located on David Road, is marketed as a potential investment opportunity. The property’s proximity to Coventry University and the city centre makes it attractive for student rentals. Several nearby primary schools are also a positive aspect. The condition of the property is acceptable, with clean and well-maintained rooms, but the kitchen and bathroom could benefit from some modernization. The photos suggest a relatively functional space, suitable for student accommodation or a small family. However, the absence of information on plot size and square footage makes a comprehensive evaluation challenging. The price of £180,000 appears competitive compared to some nearby listings, but a more detailed analysis would require access to the property’s exact square footage and a more thorough inspection to assess any potential maintenance issues. The lack of a garden is a noticeable drawback. Overall, this property presents a reasonable investment opportunity, particularly for those focused on the rental market in Coventry, but prospective buyers should conduct a thorough survey and seek professional advice before committing to a purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
3
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
234,977.00 £
Increased by 10.88 %
from 211,917.00 £
Average area rental value
1,065.00 £/mo
Decreased by 1.11 %
from 1,077.00 £/mo
Est rental Yield
5.44 %
Decreased by 10.82 %
from 6.10 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Envisage Sales & Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Gosford Park Children'S CentreChildren's Centre0.50 KM
Gosford Park Primary SchoolCommunity SchoolGood0.50 KM
All Saints Church Of England Primary SchoolVoluntary Controlled SchoolGood0.54 KM
Southfields Primary SchoolCommunity SchoolGood0.59 KM
Summit SchoolOther Independent Special School0.60 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Sky Blue Way £ 000.00 KM
London Road £ 180,00000.00 KM
Spring Close £ 000.00 KM
Vernon Close £ 000.00 KM
Ringway Whitefriars £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Coventry1030COV2.18 KM
Coventry Arena7416CAA4.78 KM
Canley1129CNL5.94 KM
Bedworth1165BEH8.80 KM

Nearby Listings

AddressPriceTypeScoreDistance
Investment HMO Great Location £ 180,000BUY5 / 100.00 KM
David Road, Coventry, CV1 £ 160,000BUY5 / 100.00 KM
David Road, Coventry £ 240,000BUY3 / 100.00 KM
David Road, Stoke, CV1 £ 195,000BUY5 / 100.06 KM
Northfield Road, Coventry £ 160,000BUY4 / 100.06 KM

Nearby Properties

AddressPriceDistance
46 David Road £ 90,0000.00 KM
8 David Road £ 87,0000.00 KM
10 David Road £ 85,0000.00 KM
64 David Road £ 66,0000.00 KM
62 David Road £ 45,5000.00 KM