2-bedroom terraced house · CV21 2BU
Sold STCListed 142 days
Opportunity summary
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About
ATTENTION INVESTORS!!!!
TWO FOR THE PRICE OF ONE , VACANT NO ONWARD CHAIN In brief the ground floor apartment accommodation comprises entrance vestibule, spacious lounge/dining room with bay window, a bedroom, kitchen with built in electric oven, gas hob and extractor hood over, space and plumbing for a washing machine and space for an upright fridge freezer.
To the rear of the kitchen is a shower room with a walk in shower. This apartment benefits from upvc double glazing and a gas fired combination boiler which is situated in the kitchen.
The ground floor apartment has access to the external rear from the kitchen. The first floor apartment benefits from a driveway providing parking for one car, there is also a courtyard garden.
In brief the accommodation comprises entrance porch with space for a tumble dryer, stairs rise to the first floor and give access to the shower room with walk in shower and the kitchen with built in electric oven and gas hob, space for a fridge/freezer and space for a small washing machine.
The kitchen flows through to an inner hall that leads to the very spacious lounge and bedroom.
The gas fired boiler is situated in the shower room in a cupboard above the stairs and it is fully upvc double glazed.
LOCATION The property is situated South East of Rugby Town Centre and offers easy access to the surrounding road and motorway networks.
There are a wide range of amenities within the area to include schooling.
GROUND FLOOR APARTMENT Entrance Vestibule - 1.27m (4'2") x 0.86m (2'10") Lounge/Dining Room - 5.18m (17'0") Into Bay x 3.73m (12'3") Inner Hall Kitchen - 3.63m (11'11") x 2.39m (7'10") Bedroom - 3.63m (11'11") x 2.57m (8'5") Walk In Shower Room - 2.64m (8'8") x 1.32m (4'4") FIRST FLOOR APARTMENT Entrance Porch To Rear Of Property - 2.39m (7'10") x 0.86m (2'10") with stairs rising to Lounge - 4.52m (14'10") x 3.91m (12'10") Kitchen - 3.38m (11'1") x 2.39m (7'10") Bedroom - 3.58m (11'9") x 2.82m (9'3") Walk In Shower Room - 3.45m (11'4") x 1.45m (4'9") EXTERNALLY FIRTS FLOOR APARTMENT PARKING AND COURTYARD GARDEN AGENTS NOTE Both apartments were rented out for £1100 per calendar month in 2024 so we believe that with some maintenance work and modernisation this would be around £1400 per calendar month which is a great return.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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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