Year Rent To Rent with Option To Extend
Ready Made 5 Bed HMO
With Scope to Increase to 6 Rooms
Canley Road, Coventry, CV5 6AR
Rent to Landlord = £1,335 pcm
Finders Fee = £3,000
Managed = £539 pcm = £6,468 per annum
Cashflow Over 3 Years = £19,404
Self Managed = £849 pcm = £10,188 per annum
Cashflow Over 3 Years = £30,564
Call Arsh on 07967 016425
For a limited time only we have managed to secure a property that is already being used as a HMO.
The property is fully furnished and the Landlord has agreed to a rent-free period until the 22
of August 2018.
There are 5 bedrooms with potential to create a 6th.
The property is situated to:
- 0.1 miles to Canley Station
- 1.9 miles to Coventry City
The property could achieve the following:
- Room 1 - £80 pw (Single - Created from moving a stud wall between a double bedroom and a box room)
- Room 2 - £80 pw (Single - as above)
- Room 3 - £103 pw (Double)
- Room 4 - £103 pw (Double)
- Room 5 - £103 pw (Double)
- Room 6 - £125 pw (Double Ensuite) Separated off in an annex in the garden.
Potential Gross Income = £2,574 pcm = £30,888 per annum
Call ARSH on 07967 016 425