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Greenhill Street, Stratford-upon-Avon CV37 - Image 1
Greenhill Street, Stratford-upon-Avon CV37 - Image 2
Greenhill Street, Stratford-upon-Avon CV37 - Image 3
Greenhill Street, Stratford-upon-Avon CV37 - Image 4
Greenhill Street, Stratford-upon-Avon CV37 - Image 5

Greenhill Street, Stratford-upon-Avon CV37

West Midlands

£395,000
Listed on 19/02/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This freehold property is located in the heart of Stratford upon Avon, specifically on Greenhill Street, conveniently near Windsor Street and within walking distance to the Railway Station. Its central location benefits from high foot traffic and proximity to local amenities, making it an ideal spot for a retail or office environment. The building is a two-storey Grade II listed structure featuring a brick facade with a tiled roof and part-white rendered front. Currently configured as retail space on the ground floor with additional offices towards the rear, it also offers office accommodations on the first floor that include charming exposed beams and electric heating. Given its layout, there is significant renovation potential; the ground floor could be reimagined to create two separate retail units, subject to obtaining the necessary consents. Additionally, there is an opportunity to convert the first floor into residential living space, enhancing its multifaceted appeal. The property includes 2 car parking spaces at the rear, adding convenience for occupants and customers alike. Offering approximately 593 square feet of sales area on the ground floor and 596 square feet of office space above, this property is well-suited for various uses or investments. With its current rateable value set at £22,000 effective April 2023, prospective buyers or tenants should explore potential exemptions from rates, particularly for certain tenant categories. Mains electricity, water, and drainage services are already connected. Overall, this property presents an attractive opportunity for investors or business owners looking to capitalize on its prime location and redevelopment possibilities. Viewings are available by appointment only.

Investment Analysis

(CV37 area)
Area Average
£369/sq ft
Avg Rent (weekly)
£285
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£39,500 - £98,750
10-25% of property value
Monthly Sales
50
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (CV37)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 5.3%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on CV37 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Greenhill Street, Stratford-upon-Avon CV37
Map showing location of Greenhill Street, Stratford-upon-Avon CV37
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