Car park area, Drapers Fields, Coventry Canal Basin, Coventry, West Midlands CV1 4AF
West Midlands
£20,000Guide Price
Listed on 04/09/2026
Listed on 04/09/2026
The listing
Property details
Bedrooms
N/AType
ParkingFeatures
- Parking
Description
Offered at auction, this freehold site is a gated car park on the corner of St Nicholas Street and Drapers Fields in Coventry. The listing states that it provides 21 parking spaces across approximately 0.18 acres and is offered with vacant possession. Various alternative uses may be considered, subject to the necessary consents; prospective purchasers should make their own enquiries with Coventry City Council. The sale is by unconditional timed online auction, with an administration fee and buyer's premium payable in addition to the purchase price. Further tenure details and any disbursements are set out in the legal pack.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
48out of 100
Grade ELow opportunity
Confidence: LOW
This is a different kind of value-add project: a freehold, vacant car park with gated access and 21 spaces on a roughly 0.18-acre corner site. The hardstanding and boundaries look serviceable in the available photographs, with some edge weeds and litter to clear. The listing mentions possible alternative uses, but these would depend on securing the relevant consents.
Key opportunities
- Build on the existing gated access and hard-surfaced parking provision.
- Tidy the perimeter vegetation and remove litter to sharpen the site's presentation.
- Investigate whether alternative uses are feasible, subject to the necessary consents.
Key risks
- The photographs do not establish the condition of the drainage, hardstanding sub-base or site boundaries.
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Map
Location
Car park area, Drapers Fields, Coventry Canal Basin, Coventry, West Midlands CV1 4AF
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Transport
Nearest stations
Coventry Rail Station
0.9 miles
Train · Coventry
Canley Rail Station
1.8 miles
Train · Canley
Coventry Arena Rail Station
2.4 miles
Train · Rowleys Green
Tile Hill Rail Station
3.8 miles
Train · Tile Hill South
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£82
Based on a loan of £15,000 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
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