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1st and 2nd Floor Commercial (Above Shooterz) - Belvoir Road

East Midlands

£400,000
Listed on 01/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a notable opportunity for commercial and residential conversion located in a central area of Coalville, specifically above the established Shooterz premises. The upper floors currently function as commercial space, featuring multiple restroom facilities and ample floor space that can be reconfigured to accommodate residential flats, pending appropriate planning permissions. Given the growing demand for housing in Coalville, the potential for transforming this property into desirable living spaces is significant. This investment is particularly appealing for developers or investors aiming to capitalize on redevelopment opportunities in a well-trafficked location with easy access to local amenities and transport links. With its proximity to the town centre and other essential services, this site holds great promise for securing future value.

Investment Analysis

(LE67 area)
Area Average
£257/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (LE67)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -1.9%
5 year growth: +19.4%
Investment Disclaimer: Analysis based on LE67 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

1st and 2nd Floor Commercial (Above Shooterz) - Belvoir Road
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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.

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