2-bedroom flat · CV22 7RF
Listing removedListed 47 days · slow let
Opportunity summary
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About
A first floor flat offering two double bedrooms and a garage in the highly desirable residential area of Bilton, which is well served by a wide range of local amenities, reputable schools and easy access to major roads.
The accommodation briefly comprises: entrance hall with storage, lounge/dining room, kitchen, two double bedrooms and a refitted shower room.
The property further benefits from gas fired central heating, uPVC double glazing, communal gardens with drying areas and a single garage en-bloc. Available now. Unfurnished. Energy rating C.
ENTRANCE HALL Enter via a panel effect composite door. Wood effect laminate flooring. Smoke alarm. Built-in double door storage cupboard.
Doors to all further accommodation: LOUNGE/DINING ROOM 17' 6" x 10' 4" (5.33m x 3.15m) Two uPVC double glazed windows. Double panel radiator with thermostat control.
Wall mounted programmable thermostat for the central heating. Wood effect laminate flooring. TV and satellite points. Telephone point.
Sliding door to: KITCHEN 8' 6" x 6' 8" max (2.59m x 2.03m) Eye and base level units surmounted by marble effect worktops. Inset stainless steel 1.5 bowl sink and drainer with mixer tap over.
Tiling to splashback areas. Built-in stainless steel single electric oven, solid plate hob and concealed extractor hood. Space and plumbing for a washing machine and fridge freezer. Vinyl flooring.
Built-in cupboard housing a Glowworm combination central heating boiler. uPVC double glazed window. BEDROOM ONE 10' 2" x 8' 9" (3.1m x 2.67m) uPVC double glazed window to the rear aspect.
Single panel radiator with thermostat control. Built-in triple wardrobe housing the electric consumer unit. Wood effect laminate flooring.
BEDROOM TWO 13' 5" x 8' 1" (4.09m x 2.46m) uPVC double glazed window to the rear aspect. Single panel radiator with thermostat control.
SHOWER ROOM White suite comprising: low-level toilet, wash hand basin with vanity unit under and fully tiled shower enclosure with electric shower. Fully tiled walls. Vinyl flooring. Extractor fan.
Chrome heated towel rail radiator. COMMUNAL GARDENS & GARAGE The block can be accessed from the front and rear. Communal gardens surround with drying areas at the rear.
Ample unallocated parking is available within the development. Single garage en-bloc with up and over door.
COUNCIL TAX Band A 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 Martin Lane, Bilton, Rugby
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