2-bedroom semi-detached house · CV23 1EG
Sold STCListed 24 days
Opportunity summary
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About
*40% Shared Ownership* A modern two bedroom home is situated in the popular Houlton estate and benefits from a large driveway, entrance hall, kitchen with built in cooker, separate wc, lounge, two double bedrooms and family bathroom.
The rear garden is mainly laid to lawn with a small patio area. This is a great opportunity for a first time buyer or somebody looking to downsize.
Summary Offered as a 40% shared ownership this modern two bedroom home is situated in the popular Houlton estate and benefits from a large driveway, entrance hall, kitchen with built in cooker, separate wc, lounge, two double bedrooms and family bathroom.
The rear garden is mainly laid to lawn with a small patio area. This is a great opportunity for a first time buyer or somebody looking to downsize.
Location Houlton is well placed for commuters, with easy access to the A428, A5, M1 and M6, plus fast rail links to London Euston in under 50 minutes from Rugby.
The area offers a good range of amenities, including The Tuning Fork restaurant and St Gabriel’s CofE Academy, with further well regarded schools nearby in Rugby such as Houlton secondary school, Ashlawn Academy, Rugby High School and Lawrence Sheriff.
For fitness and leisure, the David Lloyd gym provides a full range of facilities, including a spa and outdoor pool.
The development itself is known for its green space, with landscaped parks, tree lined walkways and pedestrian routes throughout, popular with walkers, runners and families.
A well connected and thoughtfully designed location, Houlton continues to appeal to buyers looking for a balance of convenience and outdoor space.
Entrance Hall (1.83m x 4.04m (6'0 x 13'3 )) Enter via composite door. Single panel radiator. Stairs to first floor. Understairs cupboard.
Door into: Kitchen (2.21m x 2.82m (7'3 x 9'3)) With a range of base and eye level units and roll top worksurfaces. Built in cooker with four ring gas hob and extractor hood over.
Built in sink with drainage board and mixer tap. Space for fridge/freezer Space and plumbing for washing machine. UPVC window to the front elevation Cupboard housing boiler.
Wc (1.68m x 1.07m (5'6 x 3'6)) Low flush WC. Wash hand basin with pedestal and mixer tap. Radiator.
Extractor fan Lounge (4.09m x 3.84m (13'5 x 12'7)) UPVC French doors and uPVC window to the rear elevation. Radiator. Stairs & Landing Loft hatch. Doors to further accommodation.
Bedroom One (4.14m x 2.74m (13'7 x 9'0)) Two uPVC windows. Radiator. Bedroom Two (3.07m x 3.02m (10'1 x 9'11)) Two uPVC windows. Built in cupboard. Radiator.
Bathroom (1.68m x 1.98m (5'6 x 6'6)) Single panel bath with mixer tap and mixer shower over. Low flush WC. Wash hand basin with mixer tap on top of a vanity unit uPVC obscure window. Radiator.
Extractor fan Rear Garden Mainly laid to lawn with a patio area. Fencing to boundaries and gate to parking. Parking Off road parking for two vehicles.
Shared Ownership Information Rent £357.55 Management Charge £ 27.67 Buildings Insurance £ 19.08 Admin Fee Third Party Charges £ 31.40 Total Monthly Charge £431.70 Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Ellis Brooke Estate Agents, they will need to undertake an identification check and be asked to provide information on the source and proof of funds.
This is done to meet our obligations under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your information.
The cost of these checks is £25 (inc VAT) which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About 10, De Forest Road, Rugby
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