2-bedroom terraced house · CV22 6BB
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two bedroom end of mews property located within easy reach of local schools and Rugby town centre.
The accommodation briefly comprises: entrance hall, lounge/dining room, kitchen, two double bedrooms with fitted wardrobes and bathroom.
The property further benefits from gas fired central heating, uPVC double glazed windows, off-road parking and a low maintenance rear garden. Available mid November. Unfurnished. Energy rating TBC.
Entrance Hallway Enter the property through a part glazed timber door with obscure glazed panel inserts. Double panel radiator. Stairs rising to the first floor. Under stairs storage cupboard.
Lounge 15' 10" x 11' 7" (4.83m x 3.53m) Double glazed aluminium framed sliding door to the rear aspect. Television point. Telephone point. Wall mounted single panel radiator.
Kitchen 10' 11" x 5' 6" (3.33m x 1.68m) uPVC double glazed window to the front aspect. A range of base and wall mounted units with roll-top work surface over. Tiling to splash back areas.
Stainless steel sink and drainer with mixer tap. Double gas cooker with four ring gas hob. Space for a washing machine and fridge. Wall mounted boiler.
Stairs and Landing Door leading off to all bedrooms and family bathroom. Bedroom One 9' 8" x 8' 8" (2.95m x 2.64m) uPVC double glazed window to the rear aspect. Built in wardrobes.
Wall mounted single panel radiator. Bedroom Two 10' 6" x 9' 8" (3.2m x 2.95m) uPVC double glazed window to the front aspect. Single panel radiator. Built-in wardrobes.
Bathroom 7' 2" x 5' 9" (2.18m x 1.75m) Obscure uPVC double glazed window to the side aspect.
Suite comprises of panelled bath with separate taps and electric shower over, pedestal wash hand basin with separate taps and a low level toilet. Tiling to splashback areas. Electric shaver point.
Wall mounted single panel radiator. Front Garden Shared lawned area. Gravelled border across the front of the house. Slabbed pathway leading down the side of the property. Space for wheelie bins.
Driveway Tarmac driveway which provides off road parking for two vehicles. Rear Garden Initial patio area. Steps leading to a gravelled pathway leading to the rear of the garden.
Tree and shrub borders. Timber shed. Enclosed by timber fencing.
Council Tax Band B Fees Payable By Tenants 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
We're still gathering serviced-accommodation data for this area.
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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 Mellish Road, Rugby
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