5Bedrooms
2Bathrooms
93 sqmSize
Strategy: HMO
A well-presented and deceptively spacious five-bedroom, two-bathroom mid-terrace home situated in a highly convenient location within walking distance of Coventry city centre and Coventry University. Spanning three floors and offering two reception rooms, this property provides flexible living accommodation ideal for both families and investors alike.
Property Features
- Five Generously Sized Bedrooms arranged across the upper floors, offering ample space for a growing family or multiple occupants.
- Two Bathrooms, one on the ground floor and another on the first floor, both fitted with modern suites.
- Two Spacious Reception Rooms. The ground floor layout includes a front lounge and an additional living room, offering versatile use such as a dining room, study, or potential sixth bedroom.
-Fitted kitchen with ample worktop space and cabinetry, with access to the rear garden.
-A low-maintenance private rear garden outdoor space ideal for relaxing or entertaining.
Layout Overview
Ground Floor:
Entrance hallway
Reception room one (front lounge)
Reception room two (living/dining area)
Kitchen
Ground floor bathroom
First Floor:
Three bedrooms (two doubles, one single)
Additional bathroom with shower
Second Floor:
Two further bedrooms via full staircase
Landing with ample circulation space
Location Highlights
Situated in the popular area of Coventry, just a short walk from Coventry University, making it a perfect investment property for student lettings.
Excellent transport links, with Coventry train station, city centre and local amenities all nearby.
Surrounded by a variety of shops, restaurants, schools, and green spaces.
Investment & Rental Potential
With a well-thought-out layout and prime location, this property offers strong HMO investment potential (subject to licensing and planning). Estimated rental income is £2,000 - £2,250 per calendar month, generating a highly attractive yield for investors. The configuration and condition make it ready for immediate let or further enhancement.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Sourced reference: 161819432
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Sales Agent
Coventry
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