• Six bedroom six bathroom HM +
• Net yield: 9.2% +
• Gross rental income: £36,000 +
• Refurbished before current tenants moved in +
• Extedned to the rear +
• Full tenanted with students/postgraduates +

Gulson Road, Coventry, CV1 2HY
Fully Tenanted 6-Bedroom, 6-En Suite HMO Investment | Asking Price: £325,000
Investment Overview
An excellent opportunity to acquire a fully tenanted, high-yielding 6-bedroom, 6 en-suite HMO property located in a prime rental area of Coventry, within close proximity to Coventry University and the city centre.

The property is fully let to a mix of students and recent graduates, offering immediate income from completion.

Income Profile
6 Rooms at £500 pcm
Total Monthly Income: £3,000
Total Annual Gross Income: £36,000
Outgoing Costs (Annual)

Gas & Electricity: £3,000
Water: £500
Council Tax: £1,500
Internet: £400
Cleaning: £800
Total Annual Running Costs: £6,200

Net Income

Net Annual Income: £29,800
Yield Analysis
Gross Yield: 11.08%
Net Yield (after running costs): 9.17%
This represents a strong return compared to traditional buy-to-let investments and current market conditions.

Licensing & Compliance
Full HMO Licence granted by Coventry City Council
Licence valid from 22nd April 2024
Valid for 5 years
Permitted for 6 persons from 6 households
The property is fully compliant and operating within local authority regulations.

Planning Approval
Planning permission has been granted for a rear extension, providing future asset management or value-add potential.

Coventry Planning Reference: CLICK HERE

Condition & EPC

EPC Rating: D (assessment carried out in 2019)
The property has been refurbished since the EPC was conducted, suggesting potential for an improved rating upon reassessment.
Ownership Structure
The property is currently held within a limited company, with the property as its sole asset. This may provide potential tax efficiencies for investors seeking a corporate acquisition (subject to legal and financial advice).

Why Invest in 115 Gulson Road?
Fully tenanted - immediate income from day one
Strong double-digit gross yield High-demand student location 6 en-suite configuration (premium rental model) Long-term HMO licence in place Planning approval for future extension Potential for company purchase Refurbished property Coventry continues to demonstrate strong rental demand driven by its large student population and ongoing city centre regeneration, making this an attractive long-term income-producing asset.