A highly desirable piece of land in sought-after Earlsdon will be one of the prize lots in the next auction held by leading Coventry and Warwickshire estate agents Loveitts.
The 0.36 acre site in Warwick Street, Earlsdon, Coventry, has planning permission for 18 apartments with associated parking.
Earlsdon – known as Earlsdon Village thanks to its parochial feel – is conveniently situated close to Coventry city centre and the train station, which has excellent links to Birmingham, London and other major cities.
Family-friendly Earlsdon is popular among buyers thanks to its wide range of boutique shops, comfy cafés, upmarket bars and fantastic restaurants.
Sally Smith, Director and Auctioneer at Loveitts – which is celebrating its 175th anniversary – is excited about the site's potential.
She said: “Earlsdon is widely recognised as the best of both worlds thanks to its convenient proximity to the city centre, combined with a feeling of self-containment and community. The site also provides easy access to the M6, M69, M1 and M40, as well as other major trunk roads.
“This benchmark site is an incredible opportunity to become an integral part of a desirable area – and make a healthy return on investment.”
It has a guide price of £1.2 to £1.3 million.
The land will go under the hammer on Thursday March 22 at 6.30pm at the Village Urban Resort Hotel in Dolomite Avenue, Canley, Coventry, CV4 9GZ.
For those looking for a slightly less ambitious investment there are several other land opportunities including an allotment in Shakespeare Avenue, Stoke with a modest guide price of £10k - £20k as well as the usual line up of properties.
Anyone intending to attend or bid does not need to register, just don’t forget to bring your ID and forms of payment.
Coventry’s only local auctioneer, Loveitts is also the largest independent multi-disciplinary practice of estate agents, chartered surveyors, valuers and auctioneers in the region.