58 Brighton Street, Coventry, West Midlands, CV2 4JH
- Unconditional Online Sale
- Offers in Excess of : £533,000
- Bedrooms: 9
- Bathrooms: 8
- Reception Rooms: 1
Fully Licensed 9-Bed, 8-Bath HMO | £63,060 Annual Income | 11.83% Gross Yield | Prime West Midlands Location | Near Major Employers & Amenities | Professional Tenants | Excellent Road & Rail Links | Regeneration Area | Turnkey Investment
Description
This substantial, fully licensed 9-room HMO—comprising eight bathrooms with seven ensuites and approved for up to 12 occupants—presents a compelling high-yield investment opportunity in a desirable West Midlands location. Fully tenanted by working professionals, the property generates £63,060 in annual rental income, delivering an impressive gross yield of 11.83% supported by stable occupancy and reliable cash flow. Configured to maximise income while maintaining strong tenant appeal, it benefits from proximity to major employers and everyday amenities, ensuring consistent demand. Excellent connectivity via the M5 and M6 motorways, alongside strong regional rail links, further enhances its long-term rental resilience. With ongoing city centre regeneration, housing development, and infrastructure investment driving continued growth, this asset represents a secure, income-focused opportunity in one of the Midlands’ most dependable rental markets.
Income Breakdown (Monthly)
| Room 1: £450.00 |
| Room 2: £470.00 |
| Room 3: £620.00 |
| Room 4: £581.00 |
| Room 5: £600.00 |
| Room 6: £700.00 |
| Room 7: £700.00 |
| Room 8: £471.00 |
| Room 9: £663.00 |
| Total Monthly Income: £5,255.00 |
| Total Annual Income: £63,060.00 |
Expenditure Breakdown (Monthly):
| Gas and Electric: £616.92 |
| Water: £58.64 |
| Council Tax: £134.06 |
| TV License: £14.54 |
| Broadband: £67.50 |
| Cleaner: £197.33 |
| Management: £673.81 |
| Total Monthly Expenditure: £1,762.80 |
| Total Annual Expenditure: £21,153.60 |
Investment Performance:
| Net Annual Income: £41,906.40 |
| Gross Yield: 11.83% |
| Net Yield: 7.86% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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Financing
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