Croft Road, Nuneaton, CV10
CA

Croft Road, Nuneaton, CV10

By Carters of Nuneaton

£ 500,000

Reviews

2 out of 5 stars

Carters of Nuneaton says ..

Prime mixed-use investment opportunity in bustling Nuneaton, 3 residential and 1 commercial property with great rental return potential. Parking, loading facilities, and future conversion potential.

Property Oracle says ..

The property is located on Croft Road in Nuneaton, Warwickshire. It is a mixed-use property currently operating as a glass business. The location benefits from being close to several schools, including Queen’s Church of England Academy, St Thomas More Catholic School, and Discovery Academy, all rated as “Good” by Ofsted. Nuneaton train station is approximately 2.48km away, providing access to regional transport links. The property itself is in need of renovation and modernisation. The images show the property to be tired and in need of updating. The plot size is significant at 3,618 sqft. Given the average house price in the area is £390,398 and the average price per sqft is £331, the listed price of £500,000 appears high, especially considering the condition of the property and its current use as a business. However, the substantial plot size and potential for redevelopment could justify a higher price, depending on planning permissions. Further investigation into comparable properties which have been renovated in the area would be needed to accurately assess the value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
3
Location
7
Land
8
Bedrooms
0
Bathrooms
0
Sqft (est)
3,356.48
Lot (est)
3,618.00

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 £
Est sale value
1,087,499.52 £
Decreased by 10.99 %
from 1,221,758.72 £
Average area rental value
1,035.00 £/mo
Decreased by 6.76 %
from 1,110.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 3,356.48 £/mo
Est rental Yield
3.02 %
Decreased by 19.25 %
from 3.74 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Carters of Nuneaton created the listing.

Nearby Schools

NameTypeOfstedDistance
Queen'S Church Of England AcademyAcademy Sponsor LedGood0.48 KM
St Thomas More Catholic School And Sixth Form CollegeAcademy ConverterGood0.60 KM
Discovery AcademyAcademy Special Sponsor LedGood0.61 KM
Croft Junior SchoolCommunity SchoolGood0.74 KM
Glendale Infant SchoolCommunity SchoolGood0.79 KM

Images

Croft Road - Image --5.jpg External Image -_-13.jpg External Image -_-11.jpg Croft Road - Image --3.jpg Croft Road - Image --2.jpg Croft Road - Image -.jpg External Image -_-14.jpg Croft Road - Image -.jpg Croft Road - Image --2.jpg Croft Road - Image --4.jpg External Image -_-9.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Howard Road £ 000.00 KM
Croft Road £ 202,59000.00 KM
Richmond Road £ 235,98300.00 KM
York Street £ 000.00 KM
Hare and Hounds Lane £ 175,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Nuneaton1077NUN2.48 KM
Bermuda Park6543BEP2.51 KM
Bedworth1165BEH4.92 KM
Coventry Arena7416CAA8.08 KM
Atherstone1074ATH9.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Croft Road, Nuneaton, CV10 £ 500,000BUY5 / 100.00 KM
Croft Road, Stockingford, Nuneaton, CV10 7EJ £ 170,000BUY5 / 100.06 KM
Stretton Road, Nuneaton £ 165,000BUYUnknown0.07 KM
Stretton Road, Nuneaton, CV10 £ 195,000BUY6 / 100.07 KM
Stretton Road, Nuneaton, CV10 £ 190,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
70 Croft Road £ 131,0000.01 KM
68 Croft Road £ 126,0000.01 KM
116 Croft Road £ 94,0000.01 KM
60 Croft Road £ 86,7500.01 KM
114 Croft Road £ 135,0000.01 KM