Albany Road, Earlsdon, Coventry
UP

Albany Road, Earlsdon, Coventry

By Up Estates

£ 300,000

Reviews

2 out of 5 stars

Up Estates says ..

**THIS PROPERTY IS APPROVED AS A CATERGORY 4 (C4) FOR THE ONGOING USE AS A HMO (House of multiple occupation) - GROSS YIELD POTENTIAL CIRCA 8% - NO FORWARD CHAIN** This is a fantastic opportunity to purchase a five bedroom C4 approved current HMO property in the heart of Earlsdon with no forward ...

Property Oracle says ..

This five-bedroom property located on Albany Road in Earlsdon, Coventry is presented as a potential investment opportunity, given its approved HMO status. The area benefits from a good location with access to amenities and transportation, while nearby schools are rated positively by Ofsted (where information is available).

The property itself shows a mix of features. The bathrooms appear relatively modern, while other areas, such as the living areas and some bedrooms, seem to require some updating or redecoration to enhance their presentation. The included photographs showcase a basic level of furnishing. A small rear garden is present. The price is in the range of other properties, taking into consideration its current use as an HMO.

Potential buyers should thoroughly inspect the property to assess its condition, factor in any necessary renovations or updates, and evaluate if the investment aligns with their financial goals and expectations. The fact that it is an approved HMO is a significant factor, which may not appeal to all buyers, but is likely to be beneficial for those interested in this market sector. More detailed information on the plot size and the conditions of the rooms would significantly improve the analysis.

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
5
Location
7
Land
3
Bedrooms
5
Bathrooms
2
Sqft (est)
1,249.69

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
453,333.00 £
Increased by 7.92 %
from 420,062.00 £
Est sale value
478,631.27 £
Increased by 19.31 %
from 401,150.49 £
Average area rental value
1,253.00 £/mo
Increased by 5.21 %
from 1,191.00 £/mo
Est letting value
1,249.69 £/mo
from 0.00 £/mo
Est rental Yield
3.32 %
Decreased by 2.35 %
from 3.40 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Up Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Earlsdon Primary SchoolCommunity SchoolGood0.43 KM
Hearsall Community AcademyAcademy Sponsor LedGood0.60 KM
Spon Gate Primary SchoolCommunity SchoolGood0.79 KM
Spon Gate Children'S CentreChildren's Centre0.81 KM
King Henry Viii SchoolOther Independent School1.10 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Albany Road £ 000.00 KM
Albany Court £ 000.00 KM
Beaudesert Road £ 000.00 KM
Laurel Court £ 150,00000.00 KM
Broomfield Place £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Coventry1030COV1.50 KM
Canley1129CNL2.31 KM
Coventry Arena7416CAA6.20 KM
Tile Hill1035THL7.78 KM
Kenilworth7985KNW8.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
Albany Road, Earlsdon, Coventry £ 300,000BUY5 / 100.00 KM
4 bedroom Terraced House in Coventry £ 250,000BUY6 / 100.06 KM
Albany Road, Coventry £ 350,000BUY7 / 100.07 KM
Albany Road, Coventry £ 350,000BUY6 / 100.07 KM
Kensington Road, Earlsdon CV5 £ 229,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
40 Albany Road £ 285,0000.03 KM
36 Albany Road £ 340,0000.03 KM
62 Albany Road £ 239,0000.03 KM
48 Albany Road £ 85,0000.03 KM
44 Albany Road £ 58,0000.03 KM