5 bed house for sale Founder Close, Coventry, CV4

Guide price

£200,000

Added on 04/10/2026

For sale by auction

Type: Semi-detached
Bedrooms: 5
Bathrooms: 2
Tenure: Ask agent

Council tax Band A £1,678 a year

Key features

FOR SALE BY ONLINE AUCTION
6 WEEKS’ COMPLETION
Cash buyers only
Five bedroom HMO
12% yield on guide price
Tenants in situ

About this property

An attractive opportunity for investors to acquire a five bedroom semi detached house in the popular Canley area of Coventry, currently operated as a HMO and sold with tenants in situ. The property is producing a current gross rental yield of approximately 12%, providing an immediate income producing investment with established occupancy.

Floorplan

Council tax

Band A £1,678 a year

Per year

Band A

This home: £1,678
Band B

£1,957
Band C

£2,237
Band D

£2,517
Band E

£3,076
Band F

£3,635
Band G

£4,195
Band H

£5,033

This home is in band A, which costs £1,678 a year in Coventry for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Coventry, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Founder Close, Coventry, CV4

Open map Street View

Mortgage and stamp duty

Property price £200,000

£100k £300k

Deposit10% £20,000

£0 £200k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £180,000 mortgage. Most lenders would want a household income of about £40,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
10, Founder Close Semi-detached	Semi-detached	May 2026	947 sq ft £191/sq ft	947 sq ft	£191	£181,000
21, Founder Close Semi-detached	Semi-detached	Nov 2025	818 sq ft £182/sq ft	818 sq ft	£182	£149,000
13, Founder Close Semi-detached	Semi-detached	May 2024	883 sq ft £207/sq ft	883 sq ft	£207	£182,500
2, Founder Close Semi-detached	Semi-detached	Nov 2023	1,001 sq ft £155/sq ft	1,001 sq ft	£155	£155,000
10, Founder Close Semi-detached	Semi-detached	Apr 2022	947 sq ft £196/sq ft	947 sq ft	£196	£186,000
7, Founder Close Semi-detached	Semi-detached	Feb 2022	926 sq ft £173/sq ft	926 sq ft	£173	£160,000
19, Founder Close Semi-detached	Semi-detached	Nov 2021	829 sq ft £191/sq ft	829 sq ft	£191	£158,000
13, Founder Close Semi-detached	Semi-detached	Nov 2019	883 sq ft £159/sq ft	883 sq ft	£159	£140,000