King Edward Road, Hillfields, Coventry
CL

King Edward Road, Hillfields, Coventry

By Cloud9 Estates Ltd

£ 260,000

Reviews

2 out of 5 stars

Cloud9 Estates Ltd says ..

Attention Investors! Five Beds Five Bathrooms - Cloud9 Estates are pleased to present another fantastic HMO investment opportunity with potential yield of around 9%.

Property Oracle says ..

This five-bedroom, five-bathroom property in Hillfields, Coventry, presents itself as a potential investment opportunity, likely targeting the rental market. The property’s condition appears to be reasonable, with updated bathrooms and kitchen, clean and functional rooms. The emphasis on multiple bedrooms and bathrooms points towards a potential HMO (House of Multiple Occupancy) use. The location, while reasonably convenient to the city centre and several schools, is also subject to the inherent characteristics of its neighbourhood which may influence the rental market. A significant drawback is the lack of any external land or garden. The lack of detailed information regarding the property’s square footage and the absence of reliable comparable pricing data makes it challenging to assess whether the list price is fully justified. Further investigation into potential rental yields and comparable properties, inclusive of their respective plot sizes, is recommended before making an informed investment decision.

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
6
Land
1
Bedrooms
5
Bathrooms
5
Sqft (est)
912.46

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 £
Est sale value
268,263.24 £
Increased by 28.95 %
from 208,040.88 £
Average area rental value
1,065.00 £/mo
Decreased by 1.11 %
from 1,077.00 £/mo
Est letting value
912.46 £/mo
Unchanged by 0.00 %
from 912.46 £/mo
Est rental Yield
5.44 %
Decreased by 10.82 %
from 6.10 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Cloud9 Estates Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary And St Benedict Catholic Primary SchoolVoluntary Aided SchoolGood0.42 KM
Southfields Primary SchoolCommunity SchoolGood0.54 KM
Summit SchoolOther Independent Special School0.57 KM
Frederick Bird Primary SchoolCommunity SchoolRequires improvement0.58 KM
Hillfields Nursery SchoolLocal Authority Nursery SchoolOutstanding0.73 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Vernon Close £ 000.00 KM
Spring Close £ 000.00 KM
Ordnance Road £ 000.00 KM
Gazelle Close £ 125,00000.00 KM
Sky Blue Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Coventry1030COV2.72 KM
Coventry Arena7416CAA3.69 KM
Canley1129CNL6.25 KM
Bedworth1165BEH7.75 KM
Bermuda Park6543BEP9.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
King Edward Road, Coventry £ 165,000BUYUnknown0.00 KM
King Edward Road, Hillfields, Coventry £ 260,000BUY5 / 100.00 KM
King Edward Road £ 160,000BUY5 / 100.07 KM
84 Coronation Road, Hillfields, Coventry, West Midlands CV1 5BX £ 130,000BUY4 / 100.09 KM
84 Coronation Road, Hillfields, Coventry, West Midlands CV1 5BX £ 110,000BUY4 / 100.09 KM

Nearby Properties

AddressPriceDistance
124 King Edward Road £ 123,0000.00 KM
70 King Edward Road £ 25,0000.00 KM
86 King Edward Road £ 122,0000.00 KM
94 King Edward Road £ 82,5000.00 KM
48 King Edward Road £ 90,0000.00 KM