ADDRESSGosford Park Hotel, 1 Northfield Road, Coventry, CV1 2BS
TYPEOther, Residential, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON27th November 2019
The property is a three storey brick construction under a pitched tiled roof, built in the early part of the previous century. Formerly a public house/ hotel, the building was purchased and converted into Student Accommodation in 2018. The accommodation includes 26 en-suite/ studio bedrooms, all of which contain double bed provision, shower, toilet and kitchen facilities. Highly secure facility with digital keypad locking systems for the main front door and all individual rooms.
Located in the Gosofrd Park area of Coventry City, the accommodation is c650m as the crown flies from Coventry University, which equates to about 15 minutes walk. The building is close to the A444 which gives vehicular access to the rest of Coventry city and the national road network thereafter. Coventry City central train station is approximately 25 minutes walk.
The building has a rating of C - 72.
Strictly by appointment with the agent Bromwich Hardy.
Each party is to bear their own legal and surveyors costs incurred in this transaction.
Fully let for this educational year, Gross Rent of £170,520
Fully renovated student accommodation close to Coventry University
Full en-suite/ studio accommodation throughout
High specification of fit out including digital key pad security for every room
For the unrestricted freehold of the building. Fully leased on ASTs by Futurelets, Coventry University lettings company. ( Agency Pilot Software Ref: 1571 )