Broad Lane House 1 to 3 Broad Lane Coventry West Midlands CV5 7AA
Size
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Tenure
Freehold
EPC
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Parking
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- Primary use
- Residential development
Key features
- Modern Student Accommodation
- Comprises 47 units
- Benefits from predominantly full-year (51-week) student tenancy agreements, underpinning stable rental income
- Conveniently positioned between Coventry University and the University of Warwick, with 57,000 students
- Nearby occupiers include Sainsbury’s, Starbucks, McDonald’s, Co-Operative Food, Costco and a range of independent local businesses.
- Rental Income - £264,894 per Annum
Description
Coventry is a major regional West Midlands university city and has a population of approximately 360,000. The city benefits from a combined student population of approximately 57,000 from University of Coventry and University of Warwick which are close by.
The property is prominently situated on Broad Lane in a predominantly residential and student-focused suburb, being within proximity to University Campuses and other Student Accommodation such as Albany Student Village and AXO Sherbourne Student Village. The property also benefits from excellent transport connectivity with nearby access to the A45 and A429 and being less than 3 miles from Coventry City Centre, whilst Canley Railway Station lies within walking distance from the property. Nearby occupiers include Sainsbury’s, Starbucks, McDonald’s, Co-Operative Food, Costco and a range of independent local businesses.
Tenure
Freehold.
Description
The property comprises a modern and attractive three storey student accommodation building providing a total of 47 units, comprising 14 Double En-Suite Rooms, 5 Single En-Suite Rooms, 21 Double Shared Rooms, 5 Single Shared Rooms and 2 Extra-Large Double Shared Rooms.
The property benefits from 2 communal areas, a kitchen and a laundry room on the ground floor. There are also 2 shared kitchens and a shared bathroom on both the first and second floors with a courtyard on each level.
VAT
VAT is not applicable to this lot.
Note
The Lettings are managed by MYAH (
EPC
Band B.
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
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- Use class
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- Listed building
- No
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Brochure
Broad Lane House 1 to 3 Broad Lane Coventry West Midlands CV5 7AA
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Disclaimer - Property reference Coventry-A13783-LOT16-JM-GK. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acuitus Limited, Acuitus. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.