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Engleton Road, Coventry, West Midlands, CV6 1JF

West Midlands

£340,000

Listed on 02/06/2026

Property Details

Bedrooms
N/A
Type
Commercial Development

Description

This detached property presents an exceptional opportunity for redevelopment and investment, currently configured as a mix of commercial and residential units. With planning permission already secured for the transformation of existing spaces into three modern apartments while maintaining the commercial area, the potential here is significant. The ground floor features a commercial unit with various rooms including a waiting area, staff kitchen, and multiple treatment rooms, alongside ample storage space. The upper levels provide residential accommodation that is in need of refurbishment: the first floor boasts a spacious three-bedroom flat with a contemporary kitchen and lounge, while the second floor contains an adaptable room that could be converted into an attractive studio flat. Set on a large plot with off-road parking, this property benefits from its convenient location near major transport links, making it an ideal candidate for those looking to capitalize on rental income potential. The property holds great promise for buyers interested in renovations or those wishing to explore its various usage possibilities.

Investment Analysis

(CV6 area)
Area Average
£249/sq ft
Avg Rent (weekly)
£247
Avg Yield
5.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (CV6)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -0.7%
5 year growth: +14.9%
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

Engleton Road, Coventry, West Midlands, CV6 1JF
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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
£1,284
Based on a loan of £255,000 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

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

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