SILK WORKS COVENTRY
58 ONE AND TWO BEDROOM APARTMENTS IN A RESTORED TEXTILES FACTORY WITH MODERN AND LUXURIOUS FINISHES • Prime City Centre Location • Mix of One Bed, Two Bed Apartments
• Highly Refined and Luxurious Specifications • Historic Textile Factory Conversion
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. Developer: Address: Estimated Completion: Total nb. of Units: Tenure: Building Warranty:
St Philips Homes (Courtaulds) Ltd Foleshill road, Coventry, CV6 5YA November 2020 58 (1 and 2 bed apartments) 250 years Leasehold 10 Year Structural Defects (ICW)
Estimated Service Charge: Ground Rent: Expected Yield: Furniture Pack: Parking:
£1.5 psft pa 0.1% pa circa 5.8% Gross Available £2,999/£3,999 +VAT 1 space included with each unit
Disclaimer: Subject to contract and availability: This document is prepared by API Global for information only. Whilst reasonable care has been exercised in preparing this document, it is subject to change, and API Global makes no representation as to its truth, accuracy or completeness, and accordingly cannot be held responsible for liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. #Travel times and walking times are approximate, please refer www.nationalrail.co.uk and www.google.com. The market information herein has been obtained from sources we believed to be reliable, but which have not been independently verified and we make no guarantee, representation or warranty as to its accuracy or completeness or correctness. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this publication. This is not and should not be construed as an offer to buy or sell any landed property and, accordingly, do not have any legal binding effect whatsoever on API Global and/ or its clients. This is not intended to provide any professional, investment or any other type of advice or recommendation. You should seek professional, independent and specific advice on any such investment decision. Purchasing uncompleted properties situated may be complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision.
SILK WORKS COVENTRY
Disclaimer: Subject to contract and availability: This document is prepared by API Global for information only. Whilst reasonable care has been exercised in preparing this document, it is subject to change, and API Global makes no representation as to its truth, accuracy or completeness, and accordingly cannot be held responsible for liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. #Travel times and walking times are approximate, please refer www.nationalrail.co.uk and www.google.com. The market information herein has been obtained from sources we believed to be reliable, but which have not been independently verified and we make no guarantee, representation or warranty as to its accuracy or completeness or correctness. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this publication. This is not and should not be construed as an offer to buy or sell any landed property and, accordingly, do not have any legal binding effect whatsoever on API Global and/ or its clients. This is not intended to provide any professional, investment or any other type of advice or recommendation. You should seek professional, independent and specific advice on any such investment decision. Purchasing uncompleted properties situated may be complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision.
SILK WORKS COVENTRY COVENTRY: LOCAL AREA Ideally suited for commuters and families alike, The Silk Works is a perfect location for those looking for luxury, comfort and accessibility in a city of innovation. Benefiting from a vast network of routes in and out of the city, Junction 2 of the M6 is located two miles away and residents have easy access to the M69 and the M1 North/South artery. The centre of Coventry provides excellent connections for quick day trips to London, with the nearest train station located 2.6 miles away. The Silk Works is nestled within an eclectic metropolitan borough steeped in history with unique arts, cultural and social opportunities. Coventry is a vibrant family focused city perfectly suited for 21st century living. Renowned for its rich ndustrial heritage and abundance of unique attractions, it will engage every age group. Coventry retains a district status, having a bustling music, dance, theatre and poetry scene.
Disclaimer: Subject to contract and availability: This document is prepared by API Global for information only. Whilst reasonable care has been exercised in preparing this document, it is subject to change, and API Global makes no representation as to its truth, accuracy or completeness, and accordingly cannot be held responsible for liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. #Travel times and walking times are approximate, please refer www.nationalrail.co.uk and www.google.com. The market information herein has been obtained from sources we believed to be reliable, but which have not been independently verified and we make no guarantee, representation or warranty as to its accuracy or completeness or correctness. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this publication. This is not and should not be construed as an offer to buy or sell any landed property and, accordingly, do not have any legal binding effect whatsoever on API Global and/ or its clients. This is not intended to provide any professional, investment or any other type of advice or recommendation. You should seek professional, independent and specific advice on any such investment decision. Purchasing uncompleted properties situated may be complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision.
SILK WORKS COVENTRY WHY INVEST IN COVENTRY 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.
Coventry is well known for being the one-time centre of UK motor manufacturing. It’s still the headquarters of the world-famous Jaguar 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.
COVENTRY TRANSFORMATION • Coventry is undergoing a multi-million-pound regeneration and redevelopment at the moment. • Upcoming schemes include expanding the new business district at Friargate and relaunching the huge City Centre
South retail and leisure development • £80 million has been spent on improving the city centre shopping areas and public spaces while Coventry’s historic buildings are being restored. • Nominated as the UK City of Culture 2021. UK City of Culture could grow tourism by a third and put over £1 billion into the Coventry economy. Coventry Gateway scheme is a £140 million SEGRO project to develop 3.7 million sq.ft. of industrial and warehousing units and would ultimately provide up to 14,000 jobs for the area. • Rental yields of up to 5.9% achievable in Coventry
CONNECTIVITY Coventry benefits from a great location right in the centre of the UK. It is close to the M6, M6 Toll, M69, M45 and M42, plus the A45 and A46. There are regular train services to Birmingham, London and many other places from Coventry. Coventry railway station is being expanded and a futuristic new tram system, the VLR or Very Light Rail, is being planned which could transform transport around the town. Birmingham Airport is close by and the future HS2 high-speed railway network will have a station at Birmingham Interchange not far from Coventry. Disclaimer: Subject to contract and availability: This document is prepared by API Global for information only. Whilst reasonable care has been exercised in preparing this document, it is subject to change, and API Global makes no representation as to its truth, accuracy or completeness, and accordingly cannot be held responsible for liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. #Travel times and walking times are approximate, please refer www.nationalrail.co.uk and www.google.com. The market information herein has been obtained from sources we believed to be reliable, but which have not been independently verified and we make no guarantee, representation or warranty as to its accuracy or completeness or correctness. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this publication. This is not and should not be construed as an offer to buy or sell any landed property and, accordingly, do not have any legal binding effect whatsoever on API Global and/ or its clients. This is not intended to provide any professional, investment or any other type of advice or recommendation. You should seek professional, independent and specific advice on any such investment decision. Purchasing uncompleted properties situated may be complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision.
SILK WORKS COVENTRY DEVELOPMENT SHOWROOM VIEWS
Disclaimer: Subject to contract and availability: This document is prepared by API Global for information only. Whilst reasonable care has been exercised in preparing this document, it is subject to change, and API Global makes no representation as to its truth, accuracy or completeness, and accordingly cannot be held responsible for liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. #Travel times and walking times are approximate, please refer www.nationalrail.co.uk and www.google.com. The market information herein has been obtained from sources we believed to be reliable, but which have not been independently verified and we make no guarantee, representation or warranty as to its accuracy or completeness or correctness. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this publication. This is not and should not be construed as an offer to buy or sell any landed property and, accordingly, do not have any legal binding effect whatsoever on API Global and/ or its clients. This is not intended to provide any professional, investment or any other type of advice or recommendation. You should seek professional, independent and specific advice on any such investment decision. Purchasing uncompleted properties situated may be complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision.
SILK WORKS COVENTRY DEVELOPMENT INTERNAL VIEWS
UNIT SUMMARY TYPE
NUMBER OF UNITS
SIZE RANGE
1 BED
42
352-538
ÂŁ125,000
2 BEDS
16
548-922
ÂŁ165,000
TOTAL
58
(SQ.FT)
PRICE FROM
Disclaimer: Subject to contract and availability: This document is prepared by API Global for information only. Whilst reasonable care has been exercised in preparing this document, it is subject to change, and API Global makes no representation as to its truth, accuracy or completeness, and accordingly cannot be held responsible for liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. #Travel times and walking times are approximate, please refer www.nationalrail.co.uk and www.google.com. The market information herein has been obtained from sources we believed to be reliable, but which have not been independently verified and we make no guarantee, representation or warranty as to its accuracy or completeness or correctness. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this publication. This is not and should not be construed as an offer to buy or sell any landed property and, accordingly, do not have any legal binding effect whatsoever on API Global and/ or its clients. This is not intended to provide any professional, investment or any other type of advice or recommendation. You should seek professional, independent and specific advice on any such investment decision. Purchasing uncompleted properties situated may be complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision.
SILK WORKS COVENTRY SPECIFICATIONS HIGHLIGHT GENERAL • Flush veneered doors throughout including satin stainless steel ironmongery; viacamer orsimilar approved; same as internal door. • Audio entry system. • Skirtings, pencil round skirting 120mm and architrave 69mm finished in white egg shell paint (Dulux emulsion). • Swedish white paint to all plastered walls and ceilings. • Laminate Avenue Oak Floors. • Clarendon Carpets; Burnham range, refined tailored loop carpet in malt. • 10 year structural warranty. • 2 year St. Philips Homes warranty.
KITCHENS • Contemporary kitchens by Symphony with a range of fitted floor and wall units complete with modern square edge worktops, upstands and stainless steel splash back behind hob. • Includes oven, electric hob and extractor, built in fridge/freezer, integrated washer dryer. • All appliances by Zanussi.
BATHROOM • Duravit wc, Roca Contesa bath, Bauhaus basin & Bardolino oak vanity unit and brassware. • 2 beds include bath with shower over, screen and tiled panel. • Ensuites include shower tray, cubicle and screen. • 1 beds include shower tray, cubicle and screen. • Porcelonosa tiles to bathroom floors. • Porcelonosa tiles to part tiled walls (full height to bath or shower; half height to wc & wash hand basin wall).
Disclaimer: Subject to contract and availability: This document is prepared by API Global for information only. Whilst reasonable care has been exercised in preparing this document, it is subject to change, and API Global makes no representation as to its truth, accuracy or completeness, and accordingly cannot be held responsible for liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. #Travel times and walking times are approximate, please refer www.nationalrail.co.uk and www.google.com. The market information herein has been obtained from sources we believed to be reliable, but which have not been independently verified and we make no guarantee, representation or warranty as to its accuracy or completeness or correctness. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this publication. This is not and should not be construed as an offer to buy or sell any landed property and, accordingly, do not have any legal binding effect whatsoever on API Global and/ or its clients. This is not intended to provide any professional, investment or any other type of advice or recommendation. You should seek professional, independent and specific advice on any such investment decision. Purchasing uncompleted properties situated may be complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision.
SILK WORKS COVENTRY RESERVATION PROCESS 1. Reservation deposit of £5,000 net of fees to the bank account listed on the reservation form, alongside fully filled reservation form and KYC documents 2. 20% on Exchange of contracts minus the reservation fee paid (exchange within 28 days of reservation) and balance on Completion (80%).
LEGAL INFORMATION VENDOR’S SOLICITOR Browne Jacobson Victoria Square House, Victoria Square, Birmingham, B2 4BU RECOMMENDED BUYER’S SOLICITOR HCR Solicitors, Martin McQueen T: +44 (0)121 312 4783 E: mmcqueen@hcrlaw.com
LETTINGS AND MANAGEMENT REDSTONE PROPERTY PORTFOLIO MANAGEMENT
Register for Lettings and Management on reservation to benefit from preferential rates. E: lettings@redstoneproperty.co.uk T: +44 (0) 121 295 1324
CONTACT US FOR MORE INFORMATION
CK Global Property Limited Contact: 6816 1633 Email Address: Sales@ckhouse.com Address: 1636,16/F,Tower 1,Grand Plaza,625 & 639 Nathan Road,Mong Kok,Kowloon,Hong Kong
Disclaimer: Subject to contract and availability: This document is prepared by API Global for information only. Whilst reasonable care has been exercised in preparing this document, it is subject to change, and API Global makes no representation as to its truth, accuracy or completeness, and accordingly cannot be held responsible for liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. #Travel times and walking times are approximate, please refer www.nationalrail.co.uk and www.google.com. The market information herein has been obtained from sources we believed to be reliable, but which have not been independently verified and we make no guarantee, representation or warranty as to its accuracy or completeness or correctness. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this publication. This is not and should not be construed as an offer to buy or sell any landed property and, accordingly, do not have any legal binding effect whatsoever on API Global and/ or its clients. This is not intended to provide any professional, investment or any other type of advice or recommendation. You should seek professional, independent and specific advice on any such investment decision. Purchasing uncompleted properties situated may be complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision.