3 bedroom semi-detached house
Key information
Features and description
- Kitchen-Diner
- En-suite
- Fridge Freezer
- Oven/Hob
- Gas Central Heating Combi Boiler
For Sale: With Full Planning Permission to Extend to 5 Bedrooms, 5 Bathrooms, and HMO Licensing Ready
This rare investment opportunity is located just a short 15-minute walk from Warwick University, in one of the most desirable student areas in Coventry. The property is currently a 3-bedroom, 3-bathroom house but comes with full planning permission for an extension to 5 bedrooms and 5 bathrooms, ideal for student accommodation. With HMO licensing already prepared, this is a fantastic development project with significant rental yield potential.
Key Features:
- Currently a 3-bedroom, 3-bathroom property with plans to extend to 5 bedrooms and 5 bathrooms
- Full planning permission granted, including building regulations, and HMO licensing ready
- Estimated post-development rental yield of 12.5%+ — a high-return investment opportunity with substantial margins
- Architectural drawings already developed and paid for
- Located just a 15-minute walk from Warwick University and within close proximity to Cannon Park, Tesco, Sainsbury’s, McDonald’s, Subway, KFC, Starbucks, and more
- Semi-detached property with a driveway, front garden, and large rear garden with a large shed
- Fully furnished at present, providing an immediate rental option or potential for development
- Gas central heating and double glazing throughout
This is one of the last properties to receive planning permission before the Article 4 regulations came into effect in October 2023, making it a rare and highly sought-after investment opportunity.
The property will not be on the market for long. As an added benefit, our agency offers free advice from our HMO specialist post-purchase, helping you to maximize your investment returns.
For further details or to arrange a viewing, contact us today.
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