2-bedroom flat · CV21 2LQ
Listing removedListed 45 days · slow let
Opportunity summary
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About
A newly decorated, good size two bedroom first floor apartment conveniently located within easy walking distance of Rugby town centre.
The accommodation briefly comprises: entrance hall, open plan lounge/dining room/kitchen with appliances, two double bedrooms & a shower room.
Further benefits include gas fired central heating, uPVC double glazing and off-road parking. Available now. Unfurnished. Energy rating TBC. ENTRANCE HALL Intercom entry phone.
Doors to all further accommodation: OPEN PLAN LOUNGE/KITCHEN uPVC double glazed square bay window to the front aspect. uPVC double glazed window to the side aspect.
A range of white eye and base level units with roll-top work surfaces. Sink and drainer with a mixer tap over. Single electric oven, ceramic hob and extractor hood.
Washing machine and integrated fridge. Wall mounted gas fired combination central heating boiler. TV and satellite point. Radiator. BEDROOM ONE Two uPVC double glazed windows to the rear aspect.
Radiator. Built-in storage cupboard. TV point. BEDROOM TWO Two uPVC double glazed windows to the side aspect. Radiator. Built-in wardrobe.
SHOWER ROOM Modern white suite comprising: low level toilet, pedestal wash hand basin and enclosed shower with electric shower. Vinyl floor. Extractor fan. Heated towel rail radiator.
Obscure uPVC double glazed window to the rear aspect. OUTSIDE Parking available in the communal car parking areas at the front and rear of the building.
COUNCIL TAX Band B FEES PAYABLE BY TENANTS Holding Deposit: equivalent to 1 weeks rent will be taken prior to references being applied for.
Tenancy Deposit: equivalent to 5 weeks rent (6 weeks if the annual rent is over £50,000 or over). Rent: one months rent is payable when you sign the tenancy agreement.
Utilities: gas, water, electric, council tax, telephone, broadband etc and the television licence.
Additional Permitted Fees: Interest charged on late rent payments: 3% above the current rate of interest as set by the Bank of England on the day the rent became due.
Changes to the tenancy agreement: if the tenant requests a change to the tenancy agreement (e.g add/removal of a tenant), a fee of £50 inc VAT is payable.
Loss of keys/security device: if the tenant requires replacement keys/fobs due to not having the keys provided to them at the start of the tenancy agreement, the cost of replacement will be paid by the tenant.
If the keys have been lost and therefore there is a potential security risk, the tenant will pay the costs of the lock being changed.
Early termination: if the tenant requests an early termination of the tenancy either during the fixed term or in lieu of the correct notice in a statutory periodic (rolling) tenancy, the tenant will pay for any reasonable loss to the landlord/agent for the termination of the tenancy agreement.
Company Application Fee (where the tenancy is taken in the name of a company): £500 plus VAT (plus check-out fee of £100 plus VAT) Please visit our website for full details of our referencing criteria and fees.
Edward Knight Estate Agents are members of the Property Ombudsman redress scheme and have client money protection with Client Money Protect (CMP).
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About Dominic Apartments, Newbold Road, Rugby
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