Sri Kanth Properties are pleased to bring to the market this mixed-use property in Coventry, ideal for investment. The gross yield on investment is an attractive 9.7%, perfect for investors looking to cash in on a gross rental of £53,730 per annum (details below).

Ground Floor
The property consists of a ground floor retail/convenience store currently let on a lease expiring in 2029.
The rear of the store leads to an ensuite studio with kitchenette and a large shared kitchen, a utility room and shower room.

First Floor
There are 6 ensuite bedrooms which are HMO registered, renovated to modern standards and fully furnished.

The Total Gross Annual Rent (at full occupancy) per annum: £53,730

Break Down (per annum)
Retail Premises: £8,970
Studio: £8,760
6 Ensuite Bedrooms: £36,000

Located on a high footfall area of Coventry, Humber Road is located just East of Coventry city centre, less than a mile away from Coventry University and one bus ride away from the city.
There is ease of access to the location via motorways; M69, M6 and M40 and Coventry Rail Station is less than 2 miles away.

For more details or to arrange a viewing, please contact Sri Kanth Properties.