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 %
- Est sale value
- 268,263.24 £Increased by 28.95 %
- Average area rental value
- 1,065.00 £/moDecreased by 1.11 %
- Est letting value
- 912.46 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.44 %Decreased by 10.82 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Cloud9 Estates Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Mary And St Benedict Catholic Primary School | Voluntary Aided School | Good | 0.42 KM |
| Southfields Primary School | Community School | Good | 0.54 KM |
| Summit School | Other Independent Special School | 0.57 KM | |
| Frederick Bird Primary School | Community School | Requires improvement | 0.58 KM |
| Hillfields Nursery School | Local Authority Nursery School | Outstanding | 0.73 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Vernon Close | £ 0 | 0 | 0.00 KM |
| Spring Close | £ 0 | 0 | 0.00 KM |
| Ordnance Road | £ 0 | 0 | 0.00 KM |
| Gazelle Close | £ 125,000 | 0 | 0.00 KM |
| Sky Blue Way | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Coventry | 1030 | COV | 2.72 KM |
| Coventry Arena | 7416 | CAA | 3.69 KM |
| Canley | 1129 | CNL | 6.25 KM |
| Bedworth | 1165 | BEH | 7.75 KM |
| Bermuda Park | 6543 | BEP | 9.94 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| King Edward Road, Coventry | £ 165,000 | BUY | Unknown | 0.00 KM |
| King Edward Road, Hillfields, Coventry | £ 260,000 | BUY | 5 / 10 | 0.00 KM |
| King Edward Road | £ 160,000 | BUY | 5 / 10 | 0.07 KM |
| 84 Coronation Road, Hillfields, Coventry, West Midlands CV1 5BX | £ 130,000 | BUY | 4 / 10 | 0.09 KM |
| 84 Coronation Road, Hillfields, Coventry, West Midlands CV1 5BX | £ 110,000 | BUY | 4 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 124 King Edward Road | £ 123,000 | 0.00 KM |
| 70 King Edward Road | £ 25,000 | 0.00 KM |
| 86 King Edward Road | £ 122,000 | 0.00 KM |
| 94 King Edward Road | £ 82,500 | 0.00 KM |
| 48 King Edward Road | £ 90,000 | 0.00 KM |