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See how verdicts work1-bedroom flat · CV21 2JF
For saleReduced £10k (−11.1%) on 16 JulListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Shipways will be conducting an open house event on this property and viewings are arranged by appointment only, please call to avoid missing out on this ideal first time purchase or investment purchase.
Description Shipways are proud to present this well maintained one bedroom property.
This property further benefits from excellent transport links which include regular bus routes, easy access to the M1/M6 and M45 motorways by road, and a short drive from Rugby train station and town centre and other local amenities The property in brief comprises of an entrance hallway with a downstairs double bedroom and a separate shower room, to the upstairs of the property is a modern open plan lounge and kitchen area benefiting from a built in oven and hob and a small space for dining and a Juliet balcony.
Externally the property benefits from one allocated off road parking space and communal gardens to all sides with a locked bike storage.
The property is considered to be an ideal first time purchase/investment opportunity. Agent Note The Council Tax Band is A. The term lease is 125 years from 1 September 2005.
Kitchen/Lounge 14' 10" x 14' 10" ( 4.52m x 4.52m ) Double glazed Juliet balcony to side, built in oven and hob, electric radiator, double glazed window.
Bedroom One 8' 10" x 10' 7" ( 2.69m x 3.23m ) Two double glazed windows to side, radiator. Bathroom Shower, sink basin, toilet, unit washing machine, radiator.
We currently hold lease details as displayed above, should you require 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.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 55, Follager Road, Rugby
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