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Coventry, CV1 2EL

2 The Quadrant
10 Newnham Road, Stoke CV1 5BB
Sales10 Newnham Road, Stoke CV1 5BB
 Newham Road, Stoke CV1 5BB
Offers over £165,000
  • 3 Bedrooms
  • 3 Bathrooms

Property description

SPACIOUS 3-BEDROOM HMO TERRACED PROPERTY – HIGH YIELD INVESTMENT WITH INDIVIDUAL ENSUITES

Situated in Stoke, the heart of Coventry’s CV1 district, this well-presented three-bedroom HMO terraced home presents an outstanding opportunity for motivated investors seeking strong rental returns. Each bedroom benefits from its own ensuite facilities, private kitchen unit, and generous living space. The property holds a valid HMO licence, ensuring compliant multi-occupancy use, and is ideally located within walking distance of Coventry University, the city centre, and excellent transport links.

Key Features

·       3-bedroom HMO property in CV1 with a valid 5-year HMO licence (until 2027)

·       Each apartment has its own ensuite, kitchen unit and appliance space

·       Additional shared ground-floor kitchen with dining space and tenant storage cupboards

·       Excellent location – walkable to Coventry University, train station & city centre

·       Currently generating £1500+ per month combined | EPC: D | Council Tax: A 

Description

This spacious and versatile terraced property has been adapted into a fully compliant and well-presented three-bedroom HMO, making it a ready-to-go investment with no immediate work required.

Each of the three self-contained rooms is generously sized to accommodate a double bed, personal kitchen unit (including sink, cupboard storage, microwave space, and appliance connections) and an ensuite shower room with WC. The ground floor apartment is the largest, benefiting from direct access to the rear garden and a full bathroom with a bath.

A shared kitchen is located at the front of the property, equipped with oven, hob, freestanding fridge space and allocated cupboard storage for each tenant. There is also room for a dining table and chairs, making it a sociable and functional space for shared living.

Externally, the property features a fully paved and well-kept garden, perfect for low-maintenance outdoor relaxation.

Prime Location

 Positioned in the highly convenient CV1 postcode, this property is just a short walk from Coventry University, the city centre, Coventry Train Station with excellent public transport links. Local shops, supermarkets, and resturants are all close by, with multiple bus routes connecting to surrounding areas.

 Why Buy Here?

With a valid HMO licence until 2027, consistent rental income of £1,500+ per month and minimal maintenance needs, this property presents an outstanding investment opportunity. Its proximity to key amenities, educational institutions, and transport hubs makes it ideal for attracting both student and professional tenants. The ensuite and kitchen facilities in each room further enhance its rental appeal, ensuring strong demand year-round.

 

Council Tax Band  :  A

Property Information

  • Reference number suttons_1722848258
  • Property Type Terraced
  • Kitchen-Diner Yes
  • On-road Parking Yes
  • Garden Yes
  • En-suite Yes
  • Full Double Glazing Yes
  • Gas Central Heating Combi Boiler Yes
  • Market infoMarket info

Location

Newham Road, Stoke CV1 5BB

Floor Plan

  • 1
  • 2
  • 3

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Completion date before 31st March 2021 Click Here

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Purchase Price

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Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £125k 0
£125k to £250k 2
£250k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12

Additional Property

Stamp duty charges for completion date after 31st march 2021

Purchase Price

(Enter numbers only)

Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £125k 3
£125k to £250k 5
£250k to £925k 8
£925k to £1.5m 13
rest over £1.5m 15

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Purchase Price

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Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £300k 0(2/5)*
£300k to £500k 5
£500k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12
*For purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.

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