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See how verdicts work1-bedroom flat · CV22 7BA
For saleReduced £14.9k (−6.5%) on 21 JunListed 145 days
Opportunity summary
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About
Well-presented first floor, south-facing apartment within the prestigious Knox Court retirement living development for the over 70s.
Offering a spacious lounge with juliet balcony, separate kitchen, double bedroom with walk-in wardrobe and modern shower room, alongside excellent communal facilities including a chef-run bistro, communal lounge, landscaped gardens and 24-hour estate management team.
Situated within the highly sought-after Knox Court Retirement Living Plus development, this beautifully presented first-floor, south-facing apartment offers spacious and thoughtfully designed accommodation exclusively for the over 70s.
The property features a generous living room with a Juliet balcony and a dedicated dining area, creating a bright and welcoming space ideal for both relaxing and entertaining.
A separate modern fitted kitchen provides ample storage and integrated appliances, while the double bedroom benefits from a walk-in wardrobe offering excellent storage solutions.
The accommodation is completed by a contemporary level-access shower room and a useful internal storage cupboard accessed from the entrance hall.
Knox Court has been designed to offer independent living with the reassurance of additional support and outstanding communal facilities.
Residents benefit from an on-site chef-run bistro serving seasonal menus, a welcoming communal lounge where social events regularly take place, beautifully landscaped gardens, a guest suite for visiting family and friends, and a dedicated 24-hour Estate Management team providing peace of mind.
One hour of domestic assistance per week is also included within the service charge.
Conveniently located on Bilton Road, the development is within easy reach of Rugby town centre and its excellent range of shops, supermarkets, cafés, restaurants and leisure facilities.
Combining comfort, security and a strong sense of community, this superb apartment offers an excellent opportunity for those seeking a low-maintenance lifestyle in a highly regarded retirement development.
The property is offered on a 999-year lease from 1st January 2022, providing long-term security for prospective purchasers.
The annual service charge is currently £8,870.92 for the financial year ending 28th February 2026 and covers a comprehensive range of services including building and grounds maintenance, window cleaning, communal heating and lighting, buildings insurance, water and sewerage rates, lift maintenance, emergency call systems, fire and security monitoring, the 24-hour on-site team and one hour of weekly domestic assistance.
Ground rent is currently £435 per annum, with the next review due in January 2037. Room Dimensions: Lounge 7.47m x 3.21m Dining Area 1.94m x 2.61m Kitchen 2.60m x 2.47m Bedroom 4.58m x 3.12m
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.
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About Flat 30, Knox Court, Rugby
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