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Land off Valley Road, Galley Common, Nuneaton, Warwickshire CV10 9NH - Image 1
Land off Valley Road, Galley Common, Nuneaton, Warwickshire CV10 9NH - Image 2
Land off Valley Road, Galley Common, Nuneaton, Warwickshire CV10 9NH - Image 3
Land off Valley Road, Galley Common, Nuneaton, Warwickshire CV10 9NH - Image 4
Land off Valley Road, Galley Common, Nuneaton, Warwickshire CV10 9NH - Image 5

Land off Valley Road, Galley Common, Nuneaton, Warwickshire CV10 9NH

West Midlands

£350,000

Listed on 18/05/2026

Property Details

Bedrooms
4
Type
Not Specified

Description

This is a notable development opportunity consisting of approximately 0.57 acres of land, currently with conditional planning permission for residential construction. The site has approval for the erection of nine dwellings, including eight semi-detached homes and one detached house, along with necessary infrastructure such as access roads and parking spaces. However, potential investors should be aware that the development is subject to a restrictive covenant that will need to be renegotiated with the local authority, along with an additional land purchase to the west of the site. Drive-by viewings can be conducted, though access to the land must be coordinated through the auctioneers. This project offers substantial investment potential for those looking to capitalize on residential development in the West Midlands region.

Investment Analysis

(CV10 area)
Area Average
£246/sq ft
Avg Rent (weekly)
£221
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CV10)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -2.3%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on CV10 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

Land off Valley Road, Galley Common, Nuneaton, Warwickshire CV10 9NH
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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