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SOLD STC

Croft Road, Nuneaton, CV10

Floorplan 1Floorplan 2
2

Key features

  • TWO TITLES - 84 CROFT ROAD & 86 CROFT ROAD
  • FREEHOLD COMMERCIAL & RESIDENTIAL OPPORTUNITY
  • 84 CROFT ROAD - 2/3 BEDROOM END OF TERRACE
  • POTENTIAL INCOME PCM APPROX £5000
  • FLAT 2 - 86 CROFT ROAD - 2 BEDROOM
  • 86 CROFT ROAD - NUNEATON GLASS - COMMERCIAL SHOW ROOM
  • FLAT 1 - 86 CROFT ROAD - 1 BEDROOM

Description

An outstanding investment opportunity awaits with this collection of three residential and one commercial properties in the bustling heart of Nuneaton, a desirable and thriving market town. Situated in a prime location with parking and loading facilities accessed from Croft Road, this mixed-use opportunity presents significant potential for both investors and businesses looking to establish a presence in the area and perfect for those looking to diversify their holdings with a combination of residential and commercial interests.

The estimated return on investment is approximately valued at £45,000 per annum, assuming 100% occupancy, in line with market value rental income. This provides an average gross yield in the region of 8%.

The previous change-of-use applications on the two flats above 86 Croft Road, also provides several potential opportunities for additional residential conversion, subject to local planning approval.

The opportunity currently consists of four properties, 3 residential and 1 commercial that sits on two separate titles.

84 Croft Road – Residential Property - A traditional two-bedroom end-of-terrace house. Potential 3 bedroom with utilisation of ground floor reception room.

Flat 1 – Residential Property - 86 Croft Road: A one-bedroom, self-contained apartment.

Flat 2 – Residential Property - 86 Croft Road: A two-bedroom, self-contained apartment.

86 Croft Road – Commercial Unit: A light industrial commercial space (Class E), featuring a shopfront window, showroom, multiple offices, a kitchen, toilet facilities, and a sizable workshop area to the rear. Currently leased by Nuneaton Glazing.

Access & Parking: Private access from Croft Road provides entry to all properties including the rear workshop of the commercial unit. A substantial parking area serves the commercial units customers, and residents of the two upstairs flats, and 84 Croft Road.

Utilities: The property benefits from mains gas, electricity, water, and sewage, with separate heating systems installed for each individual unit.

Tenure: Offered for sale Freehold, subject to existing tenancies. Vacant possession could also be arranged upon request.

Rateable Value: Interested parties are advised to verify rateable values with Nuneaton & Bedworth Borough Council.

EPC Ratings: Pending.

Additional information is available upon request, which includes a range of internal images and market value rental appraisals of all properties.

With its excellent location, flexible use potential, and attractive return prospects, this investment opportunity is a rare find in Nuneaton’s thriving property market.

Viewing is strictly by appointment only through Carters Estate Agents.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Croft Road, Nuneaton, CV10

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About Carters Estate Agents, Nuneaton

66 St Nicolas Park Drive Nuneaton Warwickshire CV11 6DJ
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Welcome to Carters Estate Agents Rightmove Page!

At Carters Estate Agents, we are a family-run business that is dedicated to delivering professional, trustworthy, and comprehensive property services to our clients. We are a completely independent estate agency, and our clients are our top priority. We strive to provide a modern and high-quality service to each of them, blending traditional approaches with innovative digital solutions to ensure maximum exposure for their properties.

With over ten years of industry experience, we are proud to have won multiple awards in our areas of operation as well as regional and national recognition. We believe in embracing technology and staying up to date with the latest trends in the industry, which is why we have a strong digital presence alongside our high street footprint in Nuneaton, Bedworth & Atherstone.

Choosing the right agent to market your property is a crucial decision, and we understand that not all agents are the same. That's why we pride ourselves on offering a comprehensive marketing package that provides your property with maximum exposure. Our package includes professional photography packages, aerial drone imagery, bespoke property particulars & floor plans (professionally printed), major portal advertising, accompanied viewings, targeted social media campaigns, out-of-hours service, and fully trained staff.

We are also proud members of the NAEA Propertymark and registered with The Property Ombudsman, which means that you can be confident in the qualifications and affiliations that we hold.

At Carters Estate Agents, we take no upfront charge for any of our services, and we offer free market appraisals for anyone interested in buying or selling, letting or renting. So, call our team today and put us to the test - we're confident that you won't be disappointed!

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Disclaimer - Property reference 9e9279ae-ffdf-4e3d-a62f-5ceb6c557205. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Carters Estate Agents, Nuneaton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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