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1 Mill Street, Bedworth, Warwickshire, CV12 - Image 1
1 Mill Street, Bedworth, Warwickshire, CV12 - Image 2
1 Mill Street, Bedworth, Warwickshire, CV12 - Image 3
1 Mill Street, Bedworth, Warwickshire, CV12 - Image 4
1 Mill Street, Bedworth, Warwickshire, CV12 - Image 5
1 Mill Street, Bedworth, Warwickshire, CV12 - Image 6
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1 Mill Street, Bedworth, Warwickshire, CV12 - Image 8
1 Mill Street, Bedworth, Warwickshire, CV12 - Image 9

1 Mill Street, Bedworth, Warwickshire, CV12

West Midlands

£395,000
Listed on 24/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This mixed-use property presents a compelling renovation and investment opportunity in a prominent location on Mill Street, just moments from the heart of Bedworth. The building features two levels, combining a ground floor retail space with two residential flats above, offering versatile options for both commercial and residential use. On the ground floor, you’ll find a bakery spanning approximately 321.2 square meters (3,457 square feet), which has been an established business outlet. The first floor includes a commercial space of about 39.05 square meters (421 square feet) along with two residential units: a two-bedroom flat of 172.9 square meters (786 square feet) and a four-bedroom flat measuring 177.63 square meters (1,912 square feet). With a total area of 610.78 square meters (6,574 square feet), the property provides ample room for potential enhancements. Situated within a vibrant community near independent shops, cafes, and an active market scene, this location benefits from high daily foot traffic due to the nearby bus stops and proximity to major supermarkets such as Iceland, Tesco Extra, and Aldi. Bedworth itself is conveniently located near key transport routes like the M6 motorway and local railway connections that link to regional hubs including Birmingham and Coventry. Equipped with essential utilities including mains water, drainage, and three-phase electricity, the property is ready for immediate use while also holding significant redevelopment potential. The current use class E designation allows for various retail options alongside residential accommodation above. The local council has indicated that the site could be suitable for further development or change of use pending necessary planning permissions. Prospective investors are encouraged to consult directly with Nuneaton and Bedworth Borough Council's planning department to explore their options. Overall, this property stands out not only as an income-generating asset but also as a canvas for future growth in a dynamic location. Viewings are available via appointment with our designated agents to discuss this unique investment opportunity further.

Investment Analysis

(CV12 area)
Area Average
£258/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CV12)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 4.6%
5 year growth: 23.6%
Investment Disclaimer: Analysis based on CV12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

1 Mill Street, Bedworth, Warwickshire, CV12
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,447
Based on a loan of £296,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE