Property for sale

Penny Black House, 31 Greyfriars Lane, Coventry, West Midlands, CV1

Offers in Excess of £1,750,000

Property Description

Key features

  • City Centre location
  • Student facility over 3 floors
  • Basement available for alternative uses, ie, gymnasium, cinema

Full description

FOR SALE
21 BED STUDENT INVESTMENT

Penny Black House is located at 31 Greyfriars Lane in the heart of Coventry City Centre. The property is a 5 minute walk from Coventry University and also a short walk to the main Coventry Pool Meadow Bus Station and Coventry Mainline Railway Station.

Being located in the heart of Coventry City Centre the property benefits from all amenities with the retail and restaurant areas being within a minutes' walk of the property.


Penny Black House is a 21 bed student accommodation block over 3 floors. The property was converted in September 2011. Generally the property benefits from CCTV installed at every entrance to the property, communal services include smart card washing machines and dryers, a cleaning service available twice a week, fingerprint entry system, free bicycle parking and small gym.

Each room benefits from mattress protector, refrigerator, wardrobes, desk and bookshelves. Each room is carpeted and curtained. There is also Broadband/wifi to all rooms.

Penny Black House also provides shared bathroom/shower facilities and shared kitchen facilities with cooker, microwave, sink, etc.

- Rental Rates £131.00-£138.00 with a single room achieving £148.00 per week for a per period of 50 weeks per annum.
- Each room carries an admin fee of £50.00 and a cleaning fee of £50.00.
- Gross Income for the year 2017-2018 £140,950.
- Damages caused during the tenancy are repaired immediately and costs are charged back to the tenants for immediate settlement.


More information from this agent

Listing History

Added on Rightmove:
13 April 2018

Nearest stations

  • Coventry (0.4 mi)
  • Canley (1.6 mi)
  • Coventry Arena (2.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Holt Commercial, Coventry

16 Warwick Row, Coventry, CV1 1EJ

02475 060248 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Coventry (0.4 mi)
  • Canley (1.6 mi)
  • Coventry Arena (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Holt Commercial, Coventry

16 Warwick Row, Coventry, CV1 1EJ

02475 060248 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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