Ref ID: 122
Date available:
Furnishing: Not Specified
Property type: House of Multiple Occupation
3 Year Rent to Rent Opportunity
Readymade and Fully Licensed 5 Bedroom 5 Bathroom HMO
Bolingbroke Road, Coventry, CV3 1AR
Rent to Landlord = £2,000 pcm
Finderâ--s Fee = £3,000 + Vat
Potential Gross Income = £3,100 pcm = £37,200 per annum
CASHFLOW AFTER ALL THE ABOVE COSTS
Managed = £403 pcm = £4,836 per annum
Cashflow Over 3 Years = £14,508
Self Managed = £775 pcm = £9,300 per annum
Cashflow Over 3 Years = £27,900
For a limited time only, we have managed to secure a readymade and fully licensed five bedroom HMO close to Coventry City Centre.
The property is recently refurbished throughout, it briefly comprises a comfortable open plan living and well equipped kitchen area.
All five bedrooms are good sized double rooms and fully furnished to a high standard with a bed, wardrobe, chest of drawers, desk and chair. There is also a small yard to the rear and on-street parking.
The property is conveniently situated within proximity of all local amenities including local shops, hospital, and regular public transport links.
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