stamp duty: £540,651
mortgage fees: £1,500
conveyancing fees: £33,000
NO OF UNITS
TOTAL SQ FT
PRICE SQ FT
This is a unique opportunity to purchase a ready-made Coventry portfolio.
The vendor provided us with the running costs for this portfolio, see image no.33 for the breakdown:
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Please note that Vesta has not visited the properties and that all material has been provided by the vendor.
The photos and floorplans are representative of properties within this portfolio and should be viewed as examples of the quality of the properties.
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.
Coventry is a city and metropolitan borough in the West Midlands, and is the second largest city in the region, after Birmingham. It lies about 19 miles southeast of Birmingham, 24 miles southwest of Leicester, 11 miles north of Warwick and around 94 miles northwest of London.
Coventry has excellent road links and is near the M6, M69, M45 and M40 motorways and with its own inner ring road linking the city centre with the M6 motorway. The M6 begins near Rugby and goes all the way up to Gretna, whilst the M40, 10 miles south of Coventry, connects the city with London.
The city’s railway station lies on the Birmingham loop of the West Coast Main Line and also runs regular services between London Euston and Birmingham New Street. A number of other services go to Wolverhampton, Shrewsbury, Preston, Glasgow and Edinburgh Waverly. Others run to Manchester, Oxford and Bournemouth, with local services operating between Coventry-Nuneaton, Northampton and Leamington Spa. Around 6 miles outside the city centre, in the village of Baginton, lies Coventry airport. It has a CAA Ordinary Licence allowing flights for public transport of passengers or for flying instructions. However, since January 2018 there are no public scheduled or charter operations available at the airport.
Birmingham airport lies around 10 miles northwest of the city centre and offers both domestic and international flights to Europe, the Middle East, Indian subcontinent, North America and the Caribbean.
Coventry boasts a number of historic buildings including St Michael’s Cathedral, Bagot’s Castle, Cook Street Gate, Lunt Roman Fort, St John the Baptist Church and The Weaver’s House, to name a few.
The Herbert Art Gallery and Museum is one of the city’s largest cultural institutions and hosts a wide range of talks, events and workshops for visitors of any age. The Coventry Transport Museum boasts the largest collection of British-made road vehicles in the world, whilst the Midland Air Museum, just outside of Baginton, displays exhibits in a large hangar as well as displays aircrafts in the open.
There are many other theatre, art and music venues in Coventry, including Warwick Arts Centre, Albany Theatre, Belgrade Theatre, Ricoh Arena, SkyDome Arena, Butts Park Arena and Coombe Country Park.
Everyone’s shopping needs are also taken care of thanks to a selection of markets and shopping centres, including Arena Park, West Orchards, Lower Precinct, FarGo Village and Coventry Market. Ikea opened their first UK store here in 2007.
There are two universities in the city, Coventry University and University of Warwick. Coventry also has three further education colleges, City College, Henley College and Hereward College, as well as several specialist colleges. These include Finham Park School, specialised in mathematics and IT, Coventry Blue Coat CoE School, specialised in music, Cardinal Wiseman Catholic School and Language College, specialised in languages and Bishop Ullathorne RC School, specialised in humanities. Others are specialised in science, performing arts and business and enterprise.
Coventry and Warwickshire is home to many amazing job opportunities through a number of well-known employers, such as: Jaguar Land Rover, Caterpillar, BMW, Aston Martin Lagonda, Rolls-Royce, Severn Trent Water, Valpak, National Grid, E.on U Ltd, Alstom and many more.
Prior Deram Walk,
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Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
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