*Guide | £260,000 - £280,000 (plus fees)
- Terraced House
- 7 Bedrooms
Call the team on 024 7652 7789 for more information
Tenanted investment opportunity. Two mid terrace properties, consisting of 1 x studio flat and 5 let rooms (all with ensuite shower rooms). HMO Licence until May 2027 (not transferable). Current rent payable £42,876 p.a. (gross) circa 16% yield. Popular residential area off Binley Road and Walsgrave Road.
ACCOMMODATION
No. 17 GROUND FLOOR Lounge/bedroom: 13 ft max x 12 ft 5 in max Kitchen: 9 ft x 6 ft 9 in Shower room: No. 19 GROUND FLOOR Hallway: Room 1 with en-suite: 14 ft 7 in x 10 ft 5 in Kitchen: 13 ft 10 in x 8 ft 8 in Room 2 with en-suite: 9 ft 7 in x 8 ft 6 in FIRST FLOOR Room 3 with ensuite: 14 ft 3 in max x 11 ft 7 in max Room 4 with en-suite: 13 ft 11 in max x 11 ft 6 in max Room 5 with en-suite: 13 ft 10 x 9 ft 9 in
OUTSIDE
Front: Paved area. Rear Garden. On street parking.
SERVICES AND HEATING
Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.) Gas central heating.
PLANNING
Decision made on: 06/02/2026. Ref: FUL/2016/2496 "Change of use of ground floor at no. 17 Harefield Road from retail (Use Class A1) to residential accommodation (C3) to be used in association with No. 19 Harefield Road and erection of front boundary wall. Resubmission of planning permission R/2008/0103" For further information please contact: Coventry City Council
COUNCIL TAX BAND -
19 - A
TENURE
Freehold subject to tenancies.
TENANCIES
Room 1: Occupation commenced: To be confirmed. Rent payable: £568 p.c.m. Room 2: Occupation commenced: 28/02/2023 Rent payable: £125 p.w. Room 3: Occupation commenced: 12/04/2022 Rent payable: £130 p.w. Room 4: Occupation commenced: 25/07/2023 Rent payable: £135 p.w. Room 5: Occupation commenced: 14/09/2025 Rent payable: £600 p.c.m. 17 Harefield Road Occupation commenced: To be confirmed. Rent payable: £715 p.c.m.
ADDITIONAL COSTS
Administration Fee: £1,920 (£1,600 plus VAT) Buyers Premium: £1,440 (£1,200 plus VAT) Please see the legal pack for any further costs.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1440 inc VAT payable on exchange of contracts.
Administration Charge - these fees are included in the above sales particulars.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
