Park Road, Kenilworth, Warwickshire, CV8

This licensed five-bedroom HMO situated in a desirable area of Kenilworth offers an excellent investment opportunity. Currently generating an annual gross income of around £25,680 with tenants already in place, this property is not only a source of immediate revenue but also holds significant potential for enhancement. Previously granted planning permission allows for the conversion into two self-contained flats, which could significantly increase the property's value and appeal to future buyers or renters. The accommodation spans approximately 1,085 sq ft and includes five letting rooms, a communal lounge, a fitted kitchen, and two bathrooms strategically located on each floor. Designed to accommodate professional tenants, the layout supports communal living while ensuring comfort through ample space. Additionally, there are two parking spaces available at the rear of the property. With a current HMO licence from Warwick District Council allowing occupation by up to five residents, this space stands out as both a firm investment and a platform for future development. Viewing is strictly by appointment.