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The Parade, Leamington Spa, CV32

West Midlands

£1,100,000

Listed on 06/02/2026

Property details

Bedrooms
5
Type
Character Property
Area
6000 sqft

Description

Situated above a prominent shopfront, this upper-floor residential space is currently configured as an expansive five to six-bedroom apartment with its own separate entrance from Parade, establishing a clear division from the retail units below. The independent Council Tax assessment (Band E) reinforces its classification as a distinct residence, providing a quiet retreat above the vibrant activity of the town center. The ground level features a high-visibility retail unit facing directly onto Parade, which enjoys robust foot traffic and potential for commercial success. Additionally, there are opportunities for expansion at the rear with existing planning permission (reference: W/15/1993) to convert part of the space into three standalone residential apartments. This presents an immediate avenue for value enhancement either through prompt development or staggered implementation alongside ongoing occupation or rental income. With a freehold title encompassing both Parade and Bedford Street, the property boasts multiple entry points and significant basement and storage facilities amounting to nearly 6,000 sq ft of usable space. Its adaptable layout invites selective refurbishment, phased development projects, or long-term restructuring opportunities—making it an appealing option for those looking to invest in a versatile asset within a notable central location. Surrounding this property is Royal Leamington Spa’s main thoroughfare filled with diverse shops and eateries. Close proximity to cultural landmarks such as Regent Court and the Royal Pump Rooms adds to its allure. Nearby green spaces like Jephson Gardens and Victoria Park enhance the quality of life for residents while supporting ongoing demand in this thriving area. Conveniently located near Leamington Spa railway station with direct links to Birmingham and London, this property serves as an ideal base for commuters, complemented by several public car parks nearby that cater to both retail operations and residential needs.

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Location

The Parade, Leamington Spa, CV32
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Mortgage calculator

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,156
Based on a loan of £825,000 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

Price History

-18.5% since listed
£1,100,000£150,000(-12.0%)
29/05/2026
Current price
£1,250,000£100,000(-7.4%)
11/04/2026
£1,350,000Initial listing
06/02/2026

Next Steps

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