2-bedroom house · CV22 6BB
Listing removedListed 75 days · slow let
Opportunity summary
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About
This well-presented two-bedroom mid-terrace home is situated in the popular area of Overslade, close to Rugby town centre and offers an excellent location within easy walking distance of local shops, amenities, and well-regarded schools.
£1050.00 P.C.M. Key features · Well-presented mid-terrace home. · Two generous double bedrooms. · Beautifully maintained throughout. · Private driveway providing off-road parking.
· Ideally located close to highly regarded schools.
The accommodation briefly comprises an entrance hallway leading to a well-proportioned kitchen, fitted with a range of wall and base units, an integrated electric hob and oven, and an extractor hood.
To the rear of the property is a spacious lounge with ample room for both living and dining furniture, featuring patio doors that open onto the rear garden.
Upstairs, the property offers two generous double bedrooms, with the second bedroom benefiting from built-in wardrobe storage.
The modern shower room comprises a walk-in shower, wash hand basin, and WC.
Externally, the property enjoys a generously sized, low-maintenance rear garden, fully paved throughout and ideal for those seeking easy upkeep.
The garden also benefits from gated rear access and a useful storage shed. Entrance Hall: Understairs storage, radiator.
Lounge 11' 6" x 15' 2" ( 3.51m x 4.62m ) Sliding patio doors to garden, radiator.
Kitchen: 10' 9" x 5' 5" ( 3.28m x 1.65m ) Double glazed window, radiator, top and bottom wall units, electric hob, built in oven, extractor. Landing: Loft access.
Bedroom One: 11' 6" x 10' 4" ( 3.51m x 3.15m ) Double glazed window, radiator.
Bedroom Two: 8' 5" x 8' 4" Plus wardrobes ( 2.57m x 2.54m Plus wardrobes ) Double glazed window, radiator, fitted wardrobes with sliding doors.
Bathroom: Shower cubicle with sliding glass door, toilet, sink, wall mounted radiator. Rear Garden Paved rear garden, with gated rear access, and small shed Council Tax Band is B.
The property also benefits from superb transport links, including regular bus services, convenient access to the M1, M6 and M45 motorways, and Rugby railway station, which is just a ten-minute drive away and provides direct mainline services to Birmingham New Street in approximately 38 minutes and London Euston in around 50 minutes.
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 56, Mellish Road, Rugby
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