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For saleReduced 29 Oct 2026
£220,000Offers over

Colchester Street, Hillfields, Coventry, CV1 5NY

4bedrooms
4bathrooms
Terracedtype
905sq ft
Freeholdtenure

Listed 29 Sept 2026 · price reduced 29 Oct 2026 · Coventry

How the price compares

This home£220,000£243 per sq ft
Median 4 bed in CV1£220k4 homes listed · £243 per sq ft
Difference0%in line with the area

Key features

  • HMO Licence Valid For The Next Five Years
  • Four En-Suite Bedrooms
  • Sold Fully Furnished
  • Close To The University
  • Parking To The Rear Of Property
  • Walking Distance To Coventry City Centre

About this home

HMO situated within easy walking distance of Coventry city centre, this four bedroom, four bathroom property represents an excellent investment opportunity for landlords looking for an established income producing property in a highly convenient location. The property is currently producing rental income of £2000 per calendar month and benefits from an HMO licence that has recently been renewed for a further five years. Its central location provides excellent access to Coventry city centre, Coventry University, shops, restaurants, entertainment and transport links, making it particularly well positioned for the rental market.

The property provides four bedrooms and four bathrooms, offering the type of accommodation that is particularly suited to professional tenants and students seeking convenient access to the city centre and local educational facilities. Having four bathrooms is a significant benefit and provides tenants with excellent convenience and privacy.

The current rental income of £2000 per calendar month equates to £24,000 per annum, providing a clear established rental income for the incoming investor. The recently renewed HMO licence for a further five years also provides valuable reassurance for a purchaser looking to continue operating the property as an HMO, subject to the licence conditions and relevant regulations.

The location is a major selling point. The property is within walking distance of Coventry city centre, where there is a wide range of shops, supermarkets, cafés, restaurants, bars and leisure facilities. Coventry city centre includes the Lower Precinct, West Orchards and other major shopping areas, providing a comprehensive range of high street retailers and everyday amenities.

The property is also conveniently positioned for Coventry University and the surrounding student population. The central location makes the property particularly attractive for tenants wanting to live close to university facilities, shops, restaurants and the wider city centre.

Transport connections are another major advantage of this location. Pool Meadow Bus Station is situated on Fairfax Street and provides a major bus interchange for Coventry and surrounding areas. Coventry railway station is also readily accessible and provides regular services towards Birmingham, London and other major destinations.

The central location also places a wide range of shops and everyday conveniences within easy reach. There are convenience stores and supermarkets close to the city centre, while the wider shopping area offers major retailers, independent businesses and specialist stores. The city centre also provides a wide choice of restaurants, cafés, nightlife and entertainment venues.

For investors, the combination of four bedrooms, four bathrooms, an established rental income and a recently renewed five year HMO licence makes this a particularly interesting opportunity. The property's proximity to the city centre and educational facilities provides an attractive proposition for the rental market, while the central location offers tenants convenient access to everyday amenities and transport.

Overall, this is a well positioned four bedroom, four bathroom HMO investment with an established rental income of £1,800 per calendar month and a recently renewed HMO licence valid for a further five years. Its excellent location within walking distance of Coventry city centre, together with convenient access to Coventry University, shops, restaurants and transport links, makes this an appealing opportunity for an investor looking for an established HMO property.

Early viewing is highly recommended to appreciate the location and investment potential this property has to offer.

Kitchen/Living Room - 7.32 x 3.21 (24'0" x 10'6") -

Bedroom One - 3.26 x 2.22 (10'8" x 7'3") -

En- Suite - 1.77 x 1.98 (5'9" x 6'5") -

Bedroom Two - 2.27 x 3.23 (7'5" x 10'7") -

En-Suite - 0.75 x 1.99 (2'5" x 6'6") -

Bedroom Three - 2.43 x 3.24 (7'11" x 10'7") -

En-Suite - 0.77 x 2.14 (2'6" x 7'0") -

Bedroom Four - 3.31 x 3.09 (10'10" x 10'1") -

En-Suite - 0.79 x 2.18 (2'7" x 7'1") -

W/C - 0.77 x 1.20 (2'6" x 3'11") -

Property details

Property type
Terraced
Size
905 sq ft / 84 sq m
Council tax band
A
Tenure
Freehold
Parking
Yes
Garden
Yes

Floorplan

CAM03736G0-PR0325-BUILD01.png

Location

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  • Coventry Station1.0 mi
  • Canley Station2.3 mi
  • Coventry Arena Station2.4 mi

What nearby homes sold for

Median sold prices in CV1 over the last 12 months: terraced £170k · flat £124k · semi-detached £290k · detached £300k.

AddressTypeSoldPrice
62 Colchester Street
Coventry CV1 5NZ
Terraced
Freehold
8 Jul 2026£189,950
4 Colchester Street
Coventry CV1 5NZ
Terraced
Freehold
5 Sept 2025£142,300
25 Colchester Street
Coventry CV1 5NY
Terraced
Freehold
24 Mar 2025£165,000
58 Colchester Street
Coventry CV1 5NZ
Terraced
Freehold
9 Dec 2024£145,000
68 Colchester Street
Coventry CV1 5NZ
Terraced
Freehold
27 Sept 2024£142,000
48 Colchester Street
Coventry CV1 5NZ
Terraced
Freehold
21 Feb 2024£140,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in CV1

Buying costs

Monthly repayment£1,101£22,000 deposit · £198,000 loan
Stamp Duty£1,900England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Prominence Estates, Coventry on Rightmove (original listing). First listed 29 Sept 2026; details checked 7 Nov 2026. Latest change: reduced on 29/10/2026.

Agent disclaimer

Disclaimer - Property reference 34963254. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prominence Estates, Coventry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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