Tenanted Seven Bed Villa for Auction Coventry CV1

Guide Price £400,000. Ideal investment opportunity, An HMO with a gross yield of 12% (based on the auction guide price). This seven-bedroom villa is the ideal investment opportunity for landlords, offering tenants in situ. The accommodation offers excellent refurbished rooms across three levels and in brief has an entrance hall, communal kitchen diner and access to the communal courtyard rear garden, seven bedrooms spread over the three levels all with en-suites, four of which are studios. The property has a current valid HMO licence in place and is currently rented out at £4,005 pcm (£48,060 pa). The property further benefits from gas central heating and double glazing.