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1 Engleton Rd 1,500 SF 100% Leased Retail Building Coventry CV6 1JF $569,095 ($379.40/SF) 9.14% Cap Rate



Investment Highlights
- Substantial detached freehold property on a large plot
- Existing mixed-use layout with commercial unit and residential accommodation
- Prime corner location near Radford Road & Beake Avenue
- Planning permission in place to create three additional residential apartments
- Potential to retain commercial unit and add 2 flats + 1 studio
- Strong income and yield potential post-refurbishment
Executive Summary
This is an exceptional freehold development opportunity offering significant asset management and redevelopment potential. The property is currently configured as a mixed-use building, with a ground-floor commercial unit and upper-floor residential accommodation, and benefits from planning permission to reconfigure the space into one commercial unit and up to three modern residential apartments. With an estimated rental income of £50,280 per annum, the opportunity reflects a strong projected yield of 9.14%, making it attractive to investors, developers, and owner-occupiers seeking value-add potential in a prime Coventry location.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,500 SF
Building Class
C
Year Built
1900
Price
$569,095
Price Per SF
$379.40
Cap Rate
9.14%
NOI
$52,015
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.49
Lot Size
0.07 AC
Frontage
64’ on Engleton Road
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Nearby Major Retailers
1 of 22
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1 Engleton Rd
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