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Coventry Canal Basin, St Nicholas Street, Coventry, CV1 4LY - Image 1
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Coventry Canal Basin, St Nicholas Street, Coventry, CV1 4LY

West Midlands

£225,000

Listed on 05/06/2026

Property Details

Bedrooms
N/A
Type
Mixed Use

Description

This property presents a compelling opportunity for renovation and investment within a mixed-use scheme located at Coventry Canal Basin. Comprising several buildings including two office blocks, an apartment complex with commercial space, and additional communal areas, the site is strategically positioned to benefit from the growing demand in this area. The office buildings are currently leased to Coventry City Council until 2094, providing a stable income stream, while the vacant ground floor commercial space offers potential for refurbishment to attract new tenants. With two car parks totaling approximately 93 spaces, there exists further scope for asset management strategies such as regularizing licenses or developing the parking areas to enhance cash flow. This site is ideal for investors looking to capitalize on its diverse rental potential and community-focused location near Coventry city centre.

Investment Analysis

(CV1 area)
Area Average
£218/sq ft
Avg Rent (weekly)
£218
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CV1)

Area prices are rising by +8.5% over the last 12 months
3 year growth: -5.1%
5 year growth: +7.4%
Investment Disclaimer: Analysis based on CV1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Coventry Canal Basin, St Nicholas Street, Coventry, CV1 4LY
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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