Summary - 38 38 Regent Street, Nuneaton, Warwickshire, CV11 4BL CV11 4BL
1 bed 1 bath Mixed Use
Corner mixed-use building with immediate income and refurbishment upside.
Freehold, chain-free mixed-use building with 1,596 sq ft GIA
Ground floor retail plus self-contained one-bedroom flat
Upper floors: studio flat and three letting rooms, shared bathroom
Walking distance to Nuneaton railway station and local amenities
Gas central heating and timber windows; Victorian character retained
Boarded windows in places; cosmetic and security repairs needed
Very high local crime and very deprived area; affects lettings
Broadband slow; on-street parking only
Set on a prominent corner just off the A444, this chain-free freehold offers a substantial mixed-use footprint of 1,596 sq ft with immediate multiple-income potential. The ground floor combines a retail unit and a self-contained one-bedroom flat; upper floors provide a studio flat plus three letting rooms with shared facilities — a flexible layout suited to short-term or longer-let models.
The building is a Victorian terrace with gas central heating, timber windows and a small rear yard. It benefits from an excellent location for transport, within walking distance of Nuneaton railway station and local amenities, which supports lettability. The property is sold vacant and requires a pragmatic investor to carry out necessary repairs and cosmetic updating to maximise returns.
Buyers should note clear drawbacks: some windows are boarded, services and appliances have not been tested, and the area records very high crime and significant deprivation. Broadband speeds are slow and parking is on-street only. These factors suppress immediate rental values but create scope for value-add refurbishment, tenant-mix optimisation or conversion subject to planning.
For an investor prepared to address maintenance, compliance and improve presentation, the property offers strong upside through refurbishment and better management. Its location near transport links and local amenities means demand from renters is realistic once safety, services and décor are improved.
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