Map view Street view 18 Sheriff Avenue, Coventry, CV4 8FD 1,425 Sq Ft / Other / Residential For Sale - £450,000.00 Available - Last updated: 24 September 2025 SummaryA rare opportunity to acquire a fully let 7-bedroom licensed HMO, ideally located for students attending the University of Warwick. Situated on the well located Sheriff Avenue, this well-presented property offers a turn-key investment with reliable, long-term income. The property is currently fully let to student tenants for the academic year, delivering immediate rental returns with strong occupancy history. Its prime location offers excellent access to the University of Warwick campus, as well as local amenities, bus routes, and key transport links into Coventry city centre. The accommodation is arranged over two floors and includes seven well-proportioned bedrooms, a modern fitted kitchen, and well-maintained bathroom and communal areas – designed for student comfort and ease of management.Key Points7 Bed HMO with Modern Communal areasRental Income - £42,350 per annumAttractive Growth Initial Yield of 9.42% at £450,000Fully Let with Established Student Tenants from 01/08/2025Prime Student Location - Proximate to Warwick UniversityLicensed and Compliant HMOTenureFreehold under Land Registry Title number WK193587TenancyThe property is let under a single AST agreement to 7 individuals for a fixed term of 365 days, from 1st August 2025. The current rent is £42,350 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 are currently students at the University of Warwick. A rent deposit of £3,850 has been lodged and each occupier has provided a guarantor.ProposalOffers are invited for the freehold interest in the region of £450,000, reflecting an attractive gross initial yield of 9.41%.Location18 Sheriff Avenue is ideally located in the highly desirable Canley area, just minutes from the University of Warwick and offering excellent access to Coventry city centre. This well-connected location combines the convenience of city living with a peaceful residential setting, making it a prime choice for investors. Transport links are outstanding, with nearby access to the A45, M6, and M69, and Coventry Railway Station offering direct services to London and Birmingham. Birmingham Airport is just 10 miles away, further enhancing its connectivity. The area is well-served by local amenities, shops, parks, and regular bus routes, with the University of Warwick within easy reach, making this property especially attractive for the student rental market. Whether as a high-yield rental investment, long-term HMO, or even for potential future redevelopment (STPP), 18 Sheriff Avenue offers versatility, strong returns, and an excellent location for capital growth. Property Quote Price(s) DescriptionSale typeGuide pricePrice type For Sale Freehold £450,000.00 NA Documents and links 18SheriffAveCV5.pdf Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist