Suttons Estate Agents is thrilled to present a lucrative investment opportunity—a prime land parcel in the sought-after Aldermans Green area. This plot, spanning approximately 0.3 acres, comes with plans for the conversion of a commercial unit (formerly a fishing shop) into two additional dwellings.
Key Features:
1. Development plans for 2 further dwellings
2. Refurbished semi-detached property
3. Former fishing shop for renovation
4. Spans approx. 0.3 acres
5. Double detached garage
6. Versatile possibilities
7. Sought-after Aldermans Green area
8. Convenient access to schools, shops, pubs, and industrial estate
9. Proximity to Coventry Canal
10. Easy access to M6, A444, and Ricoh/CBS area
The semi-detached property attached to the plot has already undergone refurbishment, offering a modern and stylish living space. The former fishing shop, brimming with potential, awaits renovation, providing an exciting blank canvas for your creative vision.
With a double detached garage on the premises, this plot offers versatile possibilities. Beyond the current plans for two dwellings, it could serve as a building site for additional homes or potentially a block of flats, subject to planning.
Location-wise, this investment opportunity is strategically positioned just before the canal bridge on Aldermans Green Road. It provides easy access to schools, shops, pubs, Bayton Road Industrial Estate, Coventry Canal, and major transportation routes, including the M6, A444, and the Ricoh/CBS area.
Good to Know:
The property is understood to be on one title.
There is no option to tax on the building so no VAT would be payable
Council Tax Band - A
No onward chain
EPC - D
Plot is estimated to be around 0.3 Acres
Property to be sold as seen
Seize this chance to be part of Coventry's growth and development! Contact us to explore the myriad possibilities this investment opportunity holds.
Tenure : Freehold
Tax Band | % | Taxable Sum | Tax |
less than £125k | 0 | ||
£125k to £250k | 2 | ||
£250k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
Tax Band | % | Taxable Sum | Tax |
less than £125k | 3 | ||
£125k to £250k | 5 | ||
£250k to £925k | 8 | ||
£925k to £1.5m | 13 | ||
rest over £1.5m | 15 |
Tax Band | % | Taxable Sum | Tax |
less than £300k | 0(2/5)* | ||
£300k to £500k | 5 | ||
£500k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
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