DESCRIPTION
Sold to a UK private investor, this freehold, purpose-built student accommodation block in Coventry comprises 134 beds (82 Standard Plus and 52 Standard) over four storeys with lift access, extending to 34,008 sq ft. Located 0.5 miles from Coventry Station and 0.9 miles from Coventry University, the property is currently vacant due to internal damage but was last occupied in Summer 2023. Following refurbishment, the estimated rental value is circa £795,000 per annum, with potential to reposition the asset for residential (C3), co-living (sui generis), or hotel (C1) use, subject to planning consents.
