High Street, Nuneaton

This fully let HMO presents an excellent investment opportunity, offering immediate rental income with a proven track record of occupancy. Set in a popular location, it provides convenience for tenants while ensuring steady returns for landlords. With all essential compliance and structural matters addressed, this is a ready-made addition to any portfolio. Get in touch today to arrange a viewing.

Designed for maximum rental yield, the property is thoughtfully arranged to suit HMO living. The ground floor features a spacious communal area, providing a comfortable shared space for tenants to relax, along with a well-equipped kitchen offering ample storage and worktop space. Each of the five bedrooms is well-proportioned, allowing for private, comfortable living, while the three bathrooms ensure convenience for multiple occupants. The layout has been carefully planned to maximise space and functionality, making it an appealing choice for professional or student tenants. With its semi-detached positioning, the house benefits from additional natural light, and external space provides potential for further enhancements if desired. The structural adequacy certificate ensures peace of mind, confirming all previous subsidence-related works have been fully completed and signed off.

Located in CV11, this property is well-situated for tenant demand, with excellent transport links providing easy access to local employment hubs, universities, and amenities. The area is well-served by public transport, with nearby bus routes and train connections ensuring seamless commuting. Shops, supermarkets, and leisure facilities are all within easy reach, making it a convenient location for tenants. With its fully occupied status and strong rental demand, this HMO represents a secure investment in an area known for strong yields and capital growth potential.

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangement

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.