Offers over
£450,000
(£315.79/sq. ft)
Studio for sale18 Sheriff Avenue, Coventry CV4
1,425 sq. ft
EPC Rating: C
Freehold
About this property
7 Bed HMO with Modern Communal areas
Rental Income - £42,350 per annum
Attractive Growth Initial Yield of 9.42% at £450,000
Fully Let with Established Student Tenants from 01/08/2025
Prime Student Location - Proximate to Warwick University
Licensed and Compliant HMO
Description
A rare opportunity to acquire a fully let 7-bedroom licensed HMO, ideally located for students attending the University of Warwick. Situated on the well located Sheriff Avenue, this well-presented property offers a turn-key investment with reliable, long-term income.
The property is currently fully let to student tenants for the academic year, delivering immediate rental returns with strong occupancy history. Its prime location offers excellent access to the University of Warwick campus, as well as local amenities, bus routes, and key transport links into Coventry city centre.
The accommodation is arranged over two floors and includes seven well-proportioned bedrooms, a modern fitted kitchen, and well-maintained bathroom and communal areas – designed for student comfort and ease of management.
Location
18 Sheriff Avenue is ideally located in the highly desirable Canley area, just minutes from the University of Warwick and offering excellent access to Coventry city centre. This well-connected location combines the convenience of city living with a peaceful residential setting, making it a prime choice for investors.
Transport links are outstanding, with nearby access to the A45, M6, and M69, and Coventry Railway Station offering direct services to London and Birmingham. Birmingham Airport is just 10 miles away, further enhancing its connectivity.
The area is well-served by local amenities, shops, parks, and regular bus routes, with the University of Warwick within easy reach, making this property especially attractive for the student rental market.
Whether as a high-yield rental investment, long-term HMO, or even for potential future redevelopment (STPP), 18 Sheriff Avenue offers versatility, strong returns, and an excellent location for capital growth.
Tenure
Freehold under Land Registry Title number WK193587
Tenancy
The property is let under a single AST agreement to 7 individuals for a fixed term of 365 days, from 1st August 2025.
The current rent is £42,350 per annum.
The Landlord is responsible for Gas, Electricity, Water and Internet.
Tenants are responsible for Council Tax where they are not exempt as students, All tenants are currently students at the University of Warwick.
A rent deposit of £3,850 has been lodged and each occupier has provided a guarantor.
Proposal
Offers are invited for the freehold interest in the region of £450,000, reflecting an attractive gross initial yield of 9.41%.
A rare opportunity to acquire a fully let 7-bedroom licensed HMO, ideally located for students attending the University of Warwick. Situated on the well located Sheriff Avenue, this well-presented property offers a turn-key investment with reliable, long-term income.
The property is currently fully let to student tenants for the academic year, delivering immediate rental returns with strong occupancy history. Its prime location offers excellent access to the University of Warwick campus, as well as local amenities, bus routes, and key transport links into Coventry city centre.
The accommodation is arranged over two floors and includes seven well-proportioned bedrooms, a modern fitted kitchen, and well-maintained bathroom and communal areas – designed for student comfort and ease of management.
Location
18 Sheriff Avenue is ideally located in the highly desirable Canley area, just minutes from the University of Warwick and offering excellent access to Coventry city centre. This well-connected location combines the convenience of city living with a peaceful residential setting, making it a prime choice for investors.
Transport links are outstanding, with nearby access to the A45, M6, and M69, and Coventry Railway Station offering direct services to London and Birmingham. Birmingham Airport is just 10 miles away, further enhancing its connectivity.
The area is well-served by local amenities, shops, parks, and regular bus routes, with the University of Warwick within easy reach, making this property especially attractive for the student rental market.
Whether as a high-yield rental investment, long-term HMO, or even for potential future redevelopment (STPP), 18 Sheriff Avenue offers versatility, strong returns, and an excellent location for capital growth.
Tenure
Freehold under Land Registry Title number WK193587
Tenancy
The property is let under a single AST agreement to 7 individuals for a fixed term of 365 days, from 1st August 2025.
The current rent is £42,350 per annum.
The Landlord is responsible for Gas, Electricity, Water and Internet.
Tenants are responsible for Council Tax where they are not exempt as students, All tenants are currently students at the University of Warwick.
A rent deposit of £3,850 has been lodged and each occupier has provided a guarantor.
Proposal
Offers are invited for the freehold interest in the region of £450,000, reflecting an attractive gross initial yield of 9.41%.
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