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 %
- Average area rental value
- 1,065.00 £/moDecreased by 1.11 %
- Est rental Yield
- 5.44 %Decreased by 10.82 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Envisage Sales & Lettings created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Gosford Park Children'S Centre | Children's Centre | 0.50 KM | |
| Gosford Park Primary School | Community School | Good | 0.50 KM |
| All Saints Church Of England Primary School | Voluntary Controlled School | Good | 0.54 KM |
| Southfields Primary School | Community School | Good | 0.59 KM |
| Summit School | Other Independent Special School | 0.60 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sky Blue Way | £ 0 | 0 | 0.00 KM |
| London Road | £ 180,000 | 0 | 0.00 KM |
| Spring Close | £ 0 | 0 | 0.00 KM |
| Vernon Close | £ 0 | 0 | 0.00 KM |
| Ringway Whitefriars | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Coventry | 1030 | COV | 2.18 KM |
| Coventry Arena | 7416 | CAA | 4.78 KM |
| Canley | 1129 | CNL | 5.94 KM |
| Bedworth | 1165 | BEH | 8.80 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Investment HMO Great Location | £ 180,000 | BUY | 5 / 10 | 0.00 KM |
| David Road, Coventry, CV1 | £ 160,000 | BUY | 5 / 10 | 0.00 KM |
| David Road, Coventry | £ 240,000 | BUY | 3 / 10 | 0.00 KM |
| David Road, Stoke, CV1 | £ 195,000 | BUY | 5 / 10 | 0.06 KM |
| Northfield Road, Coventry | £ 160,000 | BUY | 4 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 46 David Road | £ 90,000 | 0.00 KM |
| 8 David Road | £ 87,000 | 0.00 KM |
| 10 David Road | £ 85,000 | 0.00 KM |
| 64 David Road | £ 66,000 | 0.00 KM |
| 62 David Road | £ 45,500 | 0.00 KM |