2-bedroom flat · CV22 5ED
Sold STCListed 463 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the extremely popular Hillmorton area with it's multiple sought after schooling options, this Well Presented First Floor Apartment is offered to the market with NO UPWARD CHAIN.
Considered a fabulous First Time Buy or even a Buy To Let, the accommodation on offer comprises : Apartment Hallway, Open Plan Kitchen/Living/Dining Space with multiple windows. Two Double Bedrooms.
One En-Suite. One Main Bathroom. Allocated Parking to the rear plus a communal hallway and garden. Apartment Entrance Hall - Composite front door. Doors off to all accommodation. Storage cupboard.
Radiator. Lounge/Diner Area - 4.17m x 4.60m angled room (13'8" x 15'1" angled ro - Two double glazed windows. Two radiators. Opens onto kitchen area. Inset spotlights.
Kitchen Area - 3.78m x 1.73m (12'5" x 5'8") - Double glazed window. Range of base and eye level units with work surface over. Tiling to splashbacks. Integrated oven with gas hob and extractor.
Space for a fridge/freezer. Space and plumbing for washing machine. Concealed Worcester combination boiler (gas). Stainless steel sink/drainer. Space for fridge/freezer.
Bedroom One - 3.78m x 2.54m min (12'5" x 8'4" min) - Double glazed window. Radiator. Door to En-Suite En-Suite - Fully tiled shower cubicle. Pedestal wash hand basin. Low flush WC. Extractor.
Tiling to splashbacks. Bedroom Two - 2.92m x 2.57m min (9'7" x 8'5" min) - Double glazed window. Radiator. Wardrobe recess space.
Bathroom - 2.77m x 1.55m max (9'1" x 5'1" max) - Panelled bath with shower attachment over. Pedestal wash hand basin. Low flush WC. Extractor.
Communal Hallway - Secure front door with intercome entry system. Parking - Allocated space in parking area. Also has bin store and lawned sections to the front.
Lease Notes - Lease Terms 125 years from 2007 Ground Rent £150 per annum (held) Service Charge £1868.97 per annum (for period July 2025 - July 2026) 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 Hillmorton Road, Rugby
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