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1 bed flat for sale

£110,000

Wheat Street, Nuneaton CV11

1 1 1
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Property features

  • Ideal investment
  • Vacant possession
  • Parking to rear
  • Town centre location

Property description


Summary
fantastic investment opportunity! Yields of over 6% available to reserve now! First time buyers no stamp duty and help to buy available.

Description
Warwick House is a Private Residential Apartment Scheme of 35 (1 bedroom) apartments all with allocated parking to the rear. With an ideal town centre location, the scheme has been designed to suit the exacting demands of the modern-day working resident. Warwick House is ready now and is on new 125 year leases. Nuneaton is a popular 13th century market town in the heart of the midlands, with exciting and ambitious plans for the future. With a population of over 125,000 people and more than 300,000 living within 5 miles, the town has great opportunities, using its natural assets and key development sites, to create an exciting hub for the area.
Nuneaton benefits from its enviable location situated between major urban centres such as Birmingham, Coventry and Leicester providing everything you could need from a location within easy reach. Superb road and rail links both to London and Birmingham, including the newly created Grand Central / New Street Station areas, as well as the new Friargate Business District in Coventry make Nuneaton an attractive proposition.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £199,911 Sales 506 Current average value £200,288 (Zoopla Zed-Index) Value change £5,398 ▲ 2.77%

Property value data/graphs for CV11

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £290,511 £224 3.7 £295,405
Semi-detached £182,534 £202 3.0 £179,835
Terraced £124,086 £155 2.7 £127,512
Flats £105,140 £168 1.7 £91,712

Current asking prices in CV11

Average: £257,588
Avg. current asking prices in CV11
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £145,242
(12)
£207,635
(17)
£339,753
(30)
£397,999
(5)
Flats £87,333
(3)
£102,825
(6)
- - -
All £87,333
(3)
£131,103
(18)
£207,635
(17)
£339,753
(30)
£397,999
(5)

Current asking rents in CV11

Average: £546 pcm
Avg. current asking prices in CV11
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £438 pcm
(6)
£555 pcm
(3)
£724 pcm
(6)
£997 pcm
(2)
-
Flats £458 pcm
(20)
£579 pcm
(4)
- - -
All £454 pcm
(26)
£568 pcm
(7)
£724 pcm
(6)
£996 pcm
(2)
-

Fun facts for CV11

Highest value in CV11
Highest value streets Zed-Index
Lutterworth Road £404,913
Chichester Close £402,171
Briars Close £394,812
Whitacre Road £377,594
Marwood Close £374,631
Highest turnover in CV11
Highest turnover streets Turnover
Portreath Drive 56.5%
Carnoustie Close 46.2%
Portia Close 42.1%
Simon Close 39.3%
Sterling Way 39.3%

What Zoopla users think of Nuneaton

Overall rating:

  • currently 3.5 stars
Good - 72% (177 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Nuneaton:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Nuneaton (0.2 miles)
  • Bermuda Park (1.4 miles)
  • Bedworth (3.0 miles)
  • Coventry Airport (10.7 miles)
  • Birmingham International Airport (12.9 miles)
  • East Midlands Airport (22.0 miles)
  • Sharpness Old Docks (70.1 miles)
  • Lydney Harbour (71.6 miles)
  • West Lynn Ferry Landing (79.5 miles)

Nearby schools

View all schools in Nuneaton and Bedworth
  • St Joseph's Catholic Junior School (0.4 miles)
  • Chilvers Coton Community Infant School (0.5 miles)
  • Abbey CofE Infant School (0.6 miles)
  • Landau Forte Academy Tamworth Sixth Form (12.5 miles)
  • Groby Community College (13.4 miles)
  • EBN Academy Phase 2 (13.5 miles)
  • Etone College (0.3 miles)
  • Higham Lane School (0.8 miles)
  • St Thomas More Catholic School and Sixth Form College (0.8 miles)
Note: Distances are straight line measurements

Local info for Nuneaton and Bedworth

About the neighbours in CV11

AskMe Q&A for Nuneaton and Bedworth

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For more information about this property, please contact
Connells, B3 on +44 121 411 0020 * (local rate)

Monthly running costs Beta

£574 Monthly total

Mortgage

Purchase price
Deposit (10%) 11,000
Repayment term 25
Interest rate 1.5
Your payment £395 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £19 Electricity £26 Estimated energy cost £45/mo

Similar properties could save up to £145

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Nuneaton and Bedworth

Estimated tax band A Council tax cost £114 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £11 Sewerage £9 Estimated water cost £20 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Connells about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Connells, and do not constitute property particulars. Please contact Connells for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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