50a Latham Road, Coventry
, CV5 6HR
Price: Buy: POA
Size: 29 to 390 sqm Primary Category: Investment All Categories:
Investment, Property Ref/Movehut: MH638026 Property Ref/Agent: 2549
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: February 27, 2021
FREEHOLD STUDENT INVESTMENT
The property is situated on Latham Road to the rear of Wells Terrace in the popular Coventry suburb of Earlsdon. The property is very well located, being easily accessible to Earlsdon Village centre, along with easy access to Coventry City Centre just under a mile distant.
There is a bus stop immediately in front of Wells Terrace on Hearsall Lane (B4101) providing excellent public transport links to Warwick University, Coventry City Centre and Coventry University.
Completed approximately 5 years ago, this student/HMO property has been fully let every academic year.
The property is a 6 bed HMO, which benefits from a further 4 bedrooms which require an update to the current HMO Licence in order to be occupied.
Each room provides a double bed and having shared shower and WC facilities. There is a communal kitchen and living room.
6 Bed HMO with possibility to increase to 10 student rooms (subject to licence)
Managed by Warwick University Accommodation Services for current academic year
Current income from Warwick University £22,667 per annum
Possibility of increasing income to circa £37,000 per annum with 10 student rooms
Sought after location of Earlsdon Village
Excellent links to Warwick and Coventry Universities
EPC for 50a Latham Road, Coventry
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