5 bed block of flats for sale

The Parade, Leamington Spa CV32

Above the shopfront, the upper floors are already established as residential, removing any change-of-use uncertainty. Currently arranged as a generous five to six-bedroom apartment with its own independent entrance from Parade, this space feels distinctly self-contained. The separate Council Tax assessment (Band E, 118a Parade) further underlines its status as a standalone home, quietly elevated above the town’s rhythm below.

At street level, a prominent retail unit addresses Parade directly, benefiting from excellent visibility and passing trade. To the rear, additional retail and storage accommodation is accessed independently from Bedford Street. This element comes with full planning permission (ref: W/15/1993) for conversion into three self-contained residential apartments, presenting a ready-made opportunity to add value, whether developed immediately or delivered in phases alongside continued occupation or income.

The freehold title spans both Parade and Bedford Street, with multiple access points, extensive basement and storage areas, and close to 6,000 sq ft of internal space. The layout lends itself naturally to selective refurbishment, phased development or longer-term reconfiguration, making this a versatile asset for owner-occupiers, investors or developers seeking flexibility in a prime central setting.

The Area

The building sits proudly on Parade, Royal Leamington Spa’s principal boulevard and social spine, lined with independent retailers, cafés and established brands.

Moments away lie Regent Court and Regent Street, while the Royal Pump Rooms and Leamington Town Hall anchor the town’s cultural and civic heart, lending a sense of permanence and prestige to the immediate surroundings.

Green space is woven into everyday life here. Jephson Gardens, Victoria Park and Mill Gardens are all within easy walking distance, offering riverside walks, seasonal colour and a quality of life that continues to drive strong residential demand.

Leamington Spa railway station is close by, with direct services to Birmingham and London, making this a practical base for commuters and future residents alike. Several public car parks sit nearby, an important consideration for town-centre retail, mixed-use operation and residential delivery.

Location

Postcode - CV32 5DN

what 3 words - ///trader.fats.rival

Key Information

Tenure - Freehold

Council Tax Band: E

Local Authority: Warwick

EPC - tbc