* Freehold
* 6 Bedroom HMO
* Ground Floor Studio Flat
* Investment Purchase
* Gross Rental Income: £53, 730
Sri Kanth Properties are pleased to bring to the market this mixed - use
property in Coventry, ideal for investment. The gross yield on investment is
an attractive 9. 7%, perfect for investors looking to cash in on a gross rental
of £53, 730 per annum (details below).
Ground Floor
The property consists of a ground floor retail/convenience store currently let
on a lease expiring in 2029.
The rear of the store leads to an ensuite studio with kitchenette and a large
shared kitchen, a utility room and shower room.
First Floor
There are 6 ensuite bedrooms which are HMO registered, renovated to modern
standards and fully furnished.
The Total Gross Annual Rent (at full occupancy) per annum: £53, 730
Break Down (per annum)
Retail Premises: £8, 970
Studio: £8, 760
6 Ensuite Bedrooms: £36, 000
Located on a high footfall area of Coventry, Humber Road is located just East
of Coventry city centre, less than a mile away from Coventry University and
one bus ride away from the city.
There is ease of access to the location via motorways; M69, M6 and M40 and
Coventry Rail Station is less than 2 miles away.
For more details or to arrange a viewing, please contact Sri Kanth Properties.