Elevate Property Group are building 62 apartments at Queens House, Queens Road in Coventry to be finished for Autumn this year.
The block will offer first-time buyers 45 one bedroom and 17 two bedroom apartments as well as studios.
Prices will range from £120,000 to £195,000.
Elevate expanded to Coventry to work with Investin after success in Birmingham with their work including Concord House, Honduras Wharf, St Paul’s House and Queensway House.
“Owning an apartment at Queens House will not only provide the key to a new home, but will unlock the opportunity for a city lifestyle,” Elevate Managing Director, Steve Dodd said.
“Queens House is within walking distance of all of Coventry’s exciting new developments and the vibrant city centre.”
“Coventry is clearly a city on the up, and we are excited about the opportunities we see there,” he added.
Coventry was revealed as one of the five best cities in the UK for rental growth in a 2016 CBRE survey. This included a 14% rent rise in the past year to an average of £677 per calendar month.
Elevate has pledged that its scheme will offer “designer apartments at first-time buyer prices”.
To contact the selling agents Connells of Coventry, call on 02476 553093.