Commercial & Residential

  • £545,000
Humber Rd, Coventry CV3, UK

Overview

Property ID: PSM20764
  • Commercial, Residential
  • Property Type
  • 6
  • Bedrooms
  • 2360
  • sqft

Description

Sri Kanth Properties are pleased to bring to the market this mixed-use property in Coventry, ideal for investment. The gross yield on investment is an attractive 9.7%, perfect for investors looking to cash in on a gross rental of £53,730 per annum (details below).

Ground Floor
The property consists of a ground floor retail/convenience store currently let on a lease expiring in 2029.
The rear of the store leads to an ensuite studio with kitchenette and a large shared kitchen, a utility room and shower room.

First Floor
There are 6 ensuite bedrooms which are HMO registered, renovated to modern standards and fully furnished.

The Total Gross Annual Rent (at full occupancy) per annum: £53,730

Break Down (per annum)
Retail Premises: £8,970
Studio: £8,760
6 Ensuite Bedrooms: £36,000

Located on a high footfall area of Coventry, Humber Road is located just East of Coventry city centre, less than a mile away from Coventry University and one bus ride away from the city.
There is ease of access to the location via motorways; M69, M6 and M40 and Coventry Rail Station is less than 2 miles away.

For more details or to arrange a viewing, please contact Sri Kanth Properties.

  • Address Humber Road, Coventry
  • City London
  • Country United Kingdom

Details

Updated on October 18, 2023 at 3:38 pm
  • Property ID: PSM20764
  • Price: £545,000
  • Property Size: 2360 sqft
  • Bedrooms: 6
  • Property Type: Commercial, Residential
  • Property Status: For Sale

Additional details

  • Mixed-Use Property: Yes
  • Gross Rental Income: £53,730/year: Yes
  • Ground Floor Studio Flat & 6 Bedroom HMO: Yes
  • Freehold: Yes
  • Very close proximity to Coventry City Centre & Coventry University.: Yes
  • An abundance of buses to and from the area.: Yes
  • Ease of access to roads; M69, M6, M40.: Yes

What's Nearby?

Education
Sylvia Bird Dance Centre (0.53 mi)
Poor 1 reviews
A1 L of A Lesson School of Motoring (0.56 mi)
Exceptional 1 reviews
Andy1st Driving School (0.7 mi)
Exceptional 1 reviews
Stoke Park School (0.85 mi)
Exceptional 2 reviews
Coventry University Student Union (0.85 mi)
Exceptional 1 reviews
Health & Medical
The & Warwickshire Centre For Advanced Dentistry (0.27 mi)
Exceptional 11 reviews
The Smile Centre (0.52 mi)
Good 1 reviews
Eyesite Opticians (0.58 mi)
Exceptional 1 reviews
365 Pharmacist (0.84 mi)
Exceptional 1 reviews
Coventry University Student Union (0.85 mi)
Exceptional 1 reviews
Restaurants
Humber Road Post Office (0.04 mi)
Exceptional 2 reviews
Jade House Chinese Take Away (0.36 mi)
Good 1 reviews
The Big Comfy Bookshop (0.39 mi)
Exceptional 2 reviews
Sultan Restaurant (0.42 mi)
Exceptional 2 reviews
Windsor's and Refreshed (0.42 mi)
Exceptional 1 reviews

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