Previous HMO for sale.
Envisage Sales & Lettings logo

Previous HMO for sale.

By Envisage Sales & Lettings

£ 190,000

Reviews

2 out of 5 stars

Envisage Sales & Lettings says ..

A versatile and spacious property offering exceptional potential, located just moments from Coventry City Centre. Previously operating as a licensed HMO, this residence presents a rare opportunity for investors seeking strong rental yields or families desiring a generously sized home.

Property Oracle says ..

This is a three-bedroom terraced property in St Michael’s, Coventry, previously used as an HMO. The property appears to be in reasonable condition with modern fixtures. Its location offers proximity to local amenities and transportation, but prospective buyers should be aware of the varying Ofsted ratings of nearby schools. The asking price of £190,000 seems reasonable considering the location and the property’s condition, but potential buyers should consider possible refurbishment costs to convert it from its previous use as an HMO.

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
7
Location
6
Land
3
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 %
from 211,917.00 £
Average area rental value
1,065.00 £/mo
Decreased by 1.11 %
from 1,077.00 £/mo
Est rental Yield
5.44 %
Decreased by 10.82 %
from 6.10 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Envisage Sales & Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Summit SchoolOther Independent Special School0.37 KM
Southfields Primary SchoolCommunity SchoolGood0.69 KM
Gosford Park Primary SchoolCommunity SchoolGood0.69 KM
Gosford Park Children'S CentreChildren's Centre0.69 KM
Frederick Bird Primary SchoolCommunity SchoolRequires improvement0.72 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Parkfield Close £ 000.00 KM
Quarrywood Grove £ 000.00 KM
St Michael's Road £ 000.00 KM
Cleveland Road £ 000.00 KM
Vernon Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Coventry1030COV2.96 KM
Coventry Arena7416CAA4.15 KM
Canley1129CNL6.64 KM
Bedworth1165BEH7.97 KM

Nearby Listings

AddressPriceTypeScoreDistance
Previous HMO for sale. £ 190,000BUY5 / 100.00 KM
Britannia Street, Coventry CV2 4FQ £ 350,000BUYUnknown0.07 KM
Swan Lane, Coventry £ 180,000BUY6 / 100.08 KM
Signet Square, Stoke, Coventry, CV2 4NY £ 160,000BUY5 / 100.13 KM
Villiers Street, Coventry £ 145,000BUY5 / 100.16 KM

Nearby Properties

AddressPriceDistance
74 Swan Lane £ 76,7000.00 KM
44 Swan Lane £ 22,8000.00 KM
92 Swan Lane £ 112,0000.00 KM
86 Swan Lane £ 125,7500.00 KM
22 Swan Lane £ 72,5000.00 KM