The Rookery, Galley Common, Nuneaton
FO

The Rookery, Galley Common, Nuneaton

By Fox Sales and Lettings

£ 375,000

Reviews

3 out of 5 stars

Fox Sales and Lettings says ..

**Rare Development Opportunity **Wonderful Country Views **Outline Planning Consent for Two Properties up to 1600 sq ft

Property Oracle says ..

This property in Galley Common, Nuneaton presents a unique development opportunity. The listing offers a substantial plot of land with outline planning permission for two new three-bedroom detached properties. The current structures on the site appear to be in need of some renovation or could potentially be demolished to make way for the new builds. The location in Galley Common is advantageous, offering a blend of semi-rural living with convenient access to Nuneaton and its amenities. The proximity to well-regarded primary schools makes the site potentially attractive to families. While there’s a scarcity of precisely comparable properties in the immediate vicinity, the list price reflects a relatively typical value for land in this desirable area, taking into account the potential development returns. Buyers should conduct a thorough survey to assess the condition of the existing properties and factor in the cost of demolition and construction of the new homes. The significant size of the land and its potential represent a key selling point.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
8
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
411,094.00 £
Increased by 15.33 %
from 356,462.00 £
Average area rental value
1,035.00 £/mo
Decreased by 6.76 %
from 1,110.00 £/mo
Est rental Yield
3.02 %
Decreased by 19.25 %
from 3.74 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Fox Sales and Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Galley Common Infant SchoolCommunity SchoolOutstanding0.85 KM
Nursery Hill Primary SchoolCommunity SchoolRequires improvement1.38 KM
Park Lane Primary SchoolAcademy Sponsor LedGood1.75 KM
Nathaniel Newton Infant SchoolCommunity SchoolGood2.64 KM
Michael Drayton Junior SchoolCommunity SchoolGood2.68 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Ansley Road £ 000.00 KM
St Johns Road £ 000.00 KM
West View £ 162,50000.00 KM
Snowy Close £ 000.00 KM
Impala Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Atherstone1074ATH5.91 KM
Bermuda Park6543BEP8.09 KM
Nuneaton1077NUN8.48 KM
Bedworth1165BEH9.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Rookery, Galley Common, Nuneaton £ 375,000BUY6 / 100.00 KM
Plot 6, The Meadows, School Lane, Galley Common £ 650,000BUY6 / 100.21 KM
Plot 5, The Meadows, School Lane, Galley Common, Nuneaton, CV10 £ 675,000BUY7 / 100.22 KM
Plot 1, The Meadows, School Lane Galley Common, Nuneaton, CV10 9PA £ 700,000BUY8 / 100.29 KM
School Lane, Galley Common £ 240,000BUY7 / 100.29 KM

Nearby Properties

AddressPriceDistance
Whitegates £ 552,0000.28 KM
12 School Lane £ 260,0000.31 KM
3a School Lane £ 550,5990.31 KM
103 Tunnel Road £ 133,0000.34 KM
111 Tunnel Road £ 96,0000.34 KM