Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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
Auction Sale
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

Nearby Major Retailers

Costcutter
ASDA
Coventry Building Society
Lloyds Bank
Morrisons
The Gym Group
Tesco
Londis
JD Gyms
Costa Coffee
  • Listing ID: 40539123

  • Date on Market: 5/15/2026

  • Last Updated:

  • Address: 1 Engleton Rd, Coventry CV6 1JF

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}