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£265,000

Penthouse Loft Apartment, Ribbon Factory, New Buildings, Coventry, CV1

  • 2 beds
Flat

£265,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£1,210 per month

Minimum deposit amount:

£13,250
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Armstrong Property Management Services are pleased to bring this truly stunning apartment to the market.

Celebrating the industrious history of the area, The Ribbon Factory fuses old with new, as original features are preserved with a "Luxury Living" twist and is perfectly located within an exciting regeneration area.


Standing proud in the heart of the City is "Loft 6 The Ribbon Factory", a superbly converted development of 6 unique New York style apartments with unprecedented views overlooking the iconic Old & New Coventry Cathedrals


This converted RIBBON FACTORY offers New York Loft style penthouse living , featuring dramatic 5 metre ceiling heights, 5 metre wide floor to ceiling windows and generous open plan living spaces.

This character property offers great space with unique features that would suite someone looking for high end living.

This property is full of quality , character and yet is intrinsically modern.

The proportions and apartment sizes are typical of converted, industrial apartments, focusing on clean lines and original materials that have a warmth to them as well as a slight edge.

The property offers :

2 Large double ensuite bedrooms
Large open plan Living area
Large Dining / Kitchen
Mezzanine Study / Office / Bedroom
Outside Balcony with views overlooking the both the new cathedral and the Old ruins.
1400sqft - Biggest apartment offered in this development
105 year Lease
Ground rent and Service charge £250pcm

This property is located in the heart of the City with easy access to Coventry Landmarks, University campus's, attractions, numerous restaurants and bars.

Coventry train station is a 15mins walk with major rail links to London City Centre (1hr) & Birmingham City Centre (25mins)

Offering a high end standard of living or a fantastic investment / rental opportunity with extremely high yield.

VIEWING OF THIS TRULY EXCITING PROPERTY IS HIGHLY RECOMMENDED.



Headlines

WALKING DISTANCE TO COVENTRY UNIVERSITY CAMPUS'S

WARWICK UNIVERSITY WITHIN 5 MILES

Offers Great Investment opportunity rental £24000p.a

60 MINS BY TRAIN TO CENTRAL LONDON

25 MINS BY TRAIN / CAR TO CENTRAL BIRMINGHAM

STUNNING VIEWS OF COVENTRY CATHEDRAL

ORIGINAL BRICK WALLS AND EXPOSED OAK STRUCTURE

2 DOUBLE ENSUITE BEDROOMS

MEZZANINE /3rd BEDROOM /OFFICE / PLAY ROOM

INTEGRATED KITCHEN APPLIANCES

ELECTRIC FOB OPERATED GARAGE

Further Information

The Ribbon Factory
Coventry
Status
Completed
Value
£2,500,000
Restoration and extension of grade 2 listed former ribbon factory to provide a restaurant and six loft apartments as part of the Stirling Prize short-listed Coventry Phoenix Initiative.
Immediately adjoining CDP's Priory Place development is a grade 2 listed, former ribbon factory dating from the early Victorian period. As one of the last remaining original industrial buildings in the City Centre, a sympathetic restoration was required.
CDP removed some of the more unfortunate later additions, stabilised the four storey structure and opened out the ground floor. The building was extended to provide additional commercial space in a contrasting modern style, fronting on to one of the new public spaces created as part of the Phoenix Initiative.
Six loft style apartments ranging from 850sqft to 1,400sqft were created in the upper parts, each with views over Priory Cloister, Holy Trinity Church and Coventry Cathedral. A restaurant of 4,500sqft was created on the ground floor and basement and let to Nando's.
Part of Coventry's 11th century Cathedral was exposed during demolition works, requiring the construction of the new extension around this ancient monument to be adjusted to preserve the remains in-situ.











Tenure: Leasehold (125 years)
Ground Rent: £75 per month
Service Charge: £75 per year
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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