Melville Road, Coventry, CV1

Property Details: • Type: Terraced • Tenure: N/A • Floor Area: N/A

Key Features: • Superbly Presented And Licensed HMO • Six En-Suite Bedrooms • Over £42K Annual Income • 10+% Gross Yield, 8.5% Net • Fully Let To Professional Tenants • Potential For Additional £7K Income • All Fixtures And Fittings Included

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Purplebricks, 650 The Crescent Colchester Business Park, Colchester, United Kingdom, CO4 9YQ

Full Description: The PropertyA PERFECT INVESTMENT OPPORTUNITY.EXTENDED AND LICENSED HMO6 BEDROOMS ALL WITH EN-SUITE FACILITIESCURRENTLY LET TO WORKING PROFESSIONALS ONLYOVER £43K PER ANNUM10+ % GROSS YIELD, 8.5% NETTALL FIXTURES AND FITTINGS INCLUDEDGeneral InformationArrange to view 24/7 via purplebricks.com or via our Central Property Experts on the number at the top of the page. Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.BrochuresBrochure