0 Bed Commercial Property For Sale

A rare 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.

14 Charter Avenue is perfectly positioned in the highly desirable Canley area, just moments from the University of Warwick and offering convenient access to Coventry city centre. This well-connected and established location combines the benefits of suburban tranquillity with excellent transport and amenity links, making it a top choice for investors.

Transport connectivity is excellent, with close proximity to the A45, easy access to the M6 and M69, and Coventry Railway Station providing direct links to London and Birmingham. Birmingham Airport is approximately 10–11 miles away, further boosting the property's strategic appeal.

The surrounding area is well-equipped with local shops, supermarkets, green spaces, and regular bus services, all of which make it particularly attractive to students. The University of Warwick is just a short distance away, ensuring strong ongoing demand for rental accommodation.

Whether you're seeking a high-yield investment, a long-term student HMO, or considering future redevelopment potential (STPP), 14 Charter Avenue presents an excellent opportunity in a proven, high-demand location.

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 responsible for Council Tax where they are not exempt as students.
All tenants currently study at the University of Warwick.
A rent deposit of £4,320 has been lodged and each occupier has provided a guarantor.

Offers are invited for the freehold interest in the region of £510,000, reflecting an attractive gross initial yield of 9.32%

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