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A five-bedroom end terrace house configured as a licensed House of Multiple Occupancy (Section 64, Housing Act 2004, LN/221000801) with a gross annual yield of 11% (£30,840.00) and fully let with an approximate extent of 1,227 SQFT in Coventry, West Midlands. (Title number: MM92853)


FOR SALE BY AUCTION: To be sold by public auction on the instructions of the owner. A five-bedroom end terrace house configured as a licensed House of Multiple Occupancy (Section 64, Housing Act 2004, LN/221000801) with a gross annual yield of 11% (£30,840.00) and fully let with an approximate extent of 1,227 SQFT in Coventry, West Midlands. To be sold by public auction on Friday, 20 March 2026, via a 2-hour online bidding window.

Auctioneers comments: 'An opportunity to bid for and buy a professionally run and fully let five-bedroom HMO with a good yield and track record in Coventry. Ideal for investors looking for boosted income.'

Auction date
The property is to be sold by public auction on Friday, 20 March 2026, via a 2-hour online bidding window.

Description
Five-bedroom HMO, end terrace house, 1227 SQFT, 11% gross annual yield

Location
Coventry, West Midlands, 2.3 miles to Coventry railway station

Accommodation
Ground floor: three bedrooms*, kitchen, shower room
First floor: two bedrooms*, reception room, shower room
*See floor plan for room measurements

Outside
Front drive, rear access via alleyway, rear garden, shed

EPC rating
D

Tenure
Freehold
Title number: MM92853

HMO Licensing
Section 64 Housing Act 2004 license number: LN/221000801
Five households and six residentas permitted
Managed by Co:Home 20-22 Wenlock Road, London N1 7GU

Tenancies and income
Room 1: £505.00 PCM
Room 2: £520.00 PCM
Room 3: £520.00 PCM
Room 4: £520.00 PCM
Room 5: £505.00 PCM
Total: £2,570.00 PCM (£30,840.00 PA)
See the legal documents for the tenancy agreements

Local authority and council tax band
Coventry City Council
Council tax band: B

Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.

Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2.5% plus VAT (min. fee of £2,100.00 plus VAT) of the purchase price and auction buying fee of £1,900.00 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Lot 130 - 87 Ashington Grove, Coventry, West Midlands, CV3 4DD

Unconditional Online Auction Sale
Guide Price* £220,000

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Agreement Documents

Legal Documents

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