4 Bed Multi-let, Kensington Road, Coventry Sold

  • $199,000
  • 4 beds
  • 2 baths

4 Bedroom Multi Let

  • Income producing – currently let on a lease until February 2023, with the flexibility of early termination or renewal.
  • Current Gross Rental Income – £9,000 PA
  • Fully compliant and done to HMO regulations
  • Rare investment opportunity in the popular Earlsdon area.
  • Sizeable property highly suitable for adding additional bedrooms.
  • Massive potential to increase rental income through several options:
    (A) Self management – Achievable gross rent £21,000
    (B) Light refurbishment to appeal to a new audience – Achievable gross rent £22,200
    (C) Refurbish house to make a 5 bed or 6 bed ensuite – Achievable gross rent £30,000-36,000

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Video Walk Through

Price:
$199,000
Address:
51 Kensington Road,
Coventry CV5 6GG
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Row-house

Call 0191 369 2069 for more details

Property Location