Envisage Sales & Lettings says ..

Property Oracle says ..

This three-bedroom HMO investment property located on Charterhouse Road in Coventry presents a mixed bag of opportunities and challenges. Its proximity to the city centre, university, and train station makes it potentially attractive to renters, particularly students. The presence of good-rated primary schools nearby further adds to its family-friendly aspects. However, the property’s external condition needs attention. The image reveals some signs of wear and tear, from patchy brickwork to possible structural issues, suggesting that renovations or repairs will be necessary. Furthermore, the lack of information on square footage makes a definitive assessment of its value relative to the list price difficult. While nearby properties indicate a lower average price point, a direct price-per-square-foot comparison is unavailable. The absence of details on the plot size implies limited or no garden space, and the absence of a virtual tour also limits the ability to thoroughly assess the property’s internal condition. Investors should carefully weigh the potential rental income against the costs associated with any necessary renovations and maintenance before proceeding.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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