1 BEDROOM APARTMENT, COVENTRY
Big Roar are delighted to bring to our investors this exclusive off-plan investment opportunity in a Truly stunning development cantered in the heart of Coventry. This is undoubtable one of the highest quality developments on the market and will prove to be a solid property investment to include within your asset portfolio.
These stunning apartments are built on the premises of providing comfort and quality to our exclusive clientele. Each home is designed with impeccable detail to cater towards professionals and small families. This particular unit encompasses 1 luxurious and spacious bedroom.
The Silk Works, a former historic textiles factory, has been transformed into 58 well-designed stylish one and two bedroom apartments with modern and luxurious finishes. Located in the north of Coventry this area is long celebrated for its revolutionary textiles and silk ribbon industry. The local area is a haven of multiculturalism, and cultural attractions. Amidst by a variety of transport links, each apartment at The Silk Works features spacious living quarters, first-class amenities and is a short distance away from Coventry City Centre. The building has kept its original fabric, but the new modern interior now tells a different story.
Coventry in Warwickshire is the fastest expanding city in the country outside Greater London, according to ONS figures. The current population is 377,000 but it could rise to 417,000 in the next decade. It is well known for being the one-time centre of UK motor manufacturing. It’s still the headquarters of the world-famous Land Rover company or JLR. But there are lots of other new, modern industries here – such as research, development and advanced manufacturing – which is great news for Coventry’s future.
Coventry could become a major world centre for battery development and manufacture in future. Something that could be really big given the drive towards electric cars. UKBIC or the UK Battery Industrialisation Centre is opening here this year. This new industry could create 10,000 jobs. Coventry is also popular with those who commute to Birmingham. There are up to seven trains an hour to Birmingham, with the fastest journey being 20 minutes.
Coventry is a huge university centre with around 54,000 students. As well as Coventry University the University of Warwick is also at Coventry. Lots of new student blocks have been built in recent years showing the huge demand for Coventry student lets. Popular areas for Coventry University and/or University of Warwick student lets include the city centre, Earlsdon, Stoke, Canley, Barras Heath and Stivichall. Warwick students also look for student lets in Leamington Spa, a separate small town south of Coventry.
- Circa 5.8% rental yield
- High rental demand
- Parking options available
- Turnkey Investment Opportunity