Nestled within the vibrant community of Stockingford, Church Street in Nuneaton is characterized by a diverse mix of traditional terraced houses and contemporary residences. This neighborhood offers residents a welcoming atmosphere with access to essential amenities, including schools, shops, and green spaces, all within walking distance. Its strategic location also provides convenient transport links, making it appealing for families, professionals, and first-time buyers.
The property currently stands as a derelict public house, with outline planning permission already secured under reference 039652. This approval allows for the demolition of the existing structure and the construction of 12 one-bedroom apartments. Future development plans can address layout, scale, appearance, and landscaping while adhering to local and national planning policies. Key considerations such as drainage improvements, ecological enhancements, parking provisions, and highway safety have also been incorporated into the proposal to meet community needs.
Given its current condition and zoning status as an abandoned public house—with an active premises license—the site presents a compelling investment opportunity. The proposed residential development is designed to cater to a diverse demographic that includes young families and seniors alike. With an estimated Gross Development Value (GDV) projected between £1.5 million and £1.6 million, this venture promises significant potential for returns.
Overall, this property not only offers renovation prospects but also stands as a strategic investment in a growing area that supports sustainable housing solutions. Interested parties should conduct thorough due diligence regarding the specifics of the site’s conditions and future development possibilities.
