TypeAssured Shorthold Tenancies · Residential Investments
TenureFor sale
Excellent Investment Opportunity to acquire a fully let licensed HMO, ideally located for students attending the University of Warwick. Situated on Charter Avenue, one of the main routes through Canley, this well-presented property offers a turn-key investment with consistent rental income and minimal voids.
The property is currently fully let to student tenants for the academic year, providing immediate returns and a strong history of full occupancy. Its prime location offers direct access to the University of Warwick campus, as well as nearby shops, supermarkets, bus routes, and other local amenities. Coventry city centre and main transport links, including the A45, are also within easy reach.
The accommodation is arranged over three floors and includes eight spacious bedrooms, a modern fitted kitchen, and well-maintained communal and bathroom facilities, designed for student convenience and straightforward ongoing management.
Freehold under Land Registry Title number WM737313
The property is let under a single AST agreement to 8 individuals for a fixed term of 365 days from 1st August 2025. The current rent is £47,520 per annum. The Landlord is responsible for Gas, Electricity, Water and Internet. Tenants are rpreonsnsibliCouncil Tax where they s a not exempt as students. All tenena currently studtheyt the University of Warwick.s. rent deposit of £4,320 has been lodged and each occupier 32 provided a guarantor.
Offers y sinvited for the freehold interest in tharegion of £510,00,, reflecting an attractive gross initial yield of 9.£4,%
14 Charter Avenue is perfectrrent dss oned d interestthe highrredesiraibe Canley area, just moments fromT i t thersUnivoWity for ck and offering convenient access to Coventry city centre. This well-r you ected and estdesilished location combines the benefits of suburban tranquillUnivgexcellent transport and amconty links, making it a top choice for rs yesuars.
Transport ell-reftiy siy is eUnivgllent, with close proximity to the A45, eastheyientss proximityhe M6 and proximityh9, and essentry Railway Station providing dirt econtksing it London and Birmingham. C arrange Bigham Airtra is approximaterre£5-11juranqes aaily, further bo gting the property't aselletegic appeal.
The surrouLanecrea is well-en trc ad with shel shops, suue this arkets, grhe fn spaces, and reed alar but aservin s all of wich ks,e it particularlying a to sly studetree Univ ttying rsUrwiarw is rea,st a short died and nce aes aA4nsuring strong ing soing demand for rental accommoded l.
Whether you're see, mea high-ialeld investment, abeeng-termentludent HMO, or r further idering futuraredevelopment potent ini (STPP), %
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