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St. Lawrences Road, Coventry

West Midlands

£269,995
Listed on 06/04/2026

Property Details

Bedrooms
N/A
Type
Commercial Property
Area
1948 sqft

Description

This freehold commercial property, previously operating as The Old Bakery, presents a significant opportunity for investors and developers in the heart of Coventry. Spanning approximately 1,948 sq ft across two floors, this traditionally constructed brick building includes a pitched tiled roof and a substantial single-storey extension at the rear. The property's spacious layout features various offices, storage areas, kitchen facilities, and WC amenities on the ground floor, while the first floor offers a large open-plan office space with additional kitchenette and WC access. Located just off Foleshill Road, it benefits from easy transport links to Coventry city centre and M6 Junction 3. Surrounded by residential zones and various commercial establishments, the site promises a mix of foot traffic and local amenities. With potential for residential conversion or redevelopment subject to planning approval, this flexible property is ideal for those looking to create value through refurbishment or alternative use.

Investment Analysis

(CV6 area)

Below Market Value

This property is priced -44.7% below area average per sq ft

-44.7%
Potential saving
This Property
£139/sq ft
Area Average
£251/sq ft
Avg Rent (weekly)
£246
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£537,093
10% above area average per sq ft
Potential ROI
+45.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (CV6)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +2.0%
5 year growth: +18.0%
Investment Disclaimer: Analysis based on CV6 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

St. Lawrences Road, Coventry
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£956
Based on a loan of £202,496 over 30 years at 3.91% 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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