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See how verdicts work2-bedroom flat · CV21 3BU
For saleListed 853 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This gorgeous two bedroom apartment boasts the most superb central location in Rugby town centre, adjacent to the world renowned Rugby School, and surrounded by shops and amenities.
There is a secure intercom entry system, and the apartment is located on the second floor, with views over Sheep street, and benefitting from an outdoor roof space to soak up the sun, or just enjoy some fresh air.
The apartment offers beautifully presented, spacious and neutral living accommodation, comprising of an an entrance hall, open plan kitchen/dining/living area with contemporary high gloss cabinetry within the kitchen.
There is a modern and stylish shower room, and two generously proportioned bedrooms, with access to the roof space off bedroom two.
This is a truly turn key proposition with electric radiators and water heating, and original sash windows.
The property will appeal to a range of buyers including first time buyers, investors, or potentially out of area parents of Rugby School students, looking for a lock up and go bolthole to stay in when visiting.
This unique proposition of a second floor apartment with views, outside space, and a superb central location, are rarely available and early inspection is recommended.
This is a leasehold property, with approx 115 years remaining on the lease, with a peppercorn combined ground rent/service charge of £65 per month. Council tax band 'A'.
Entrance Hall Lounge/Diner/Kitchen (4.34 x 4.11 (14'2" x 13'5")) Shower Room (2.06 x 1.83 (6'9" x 6'0")) Bedroom One (4.24 x 3.15 (13'10" x 10'4")) Bedroom Two (4.39 x 2.41 (14'4" x 7'10")) Roof (10.22 x 5.86 (33'6" x 19'2"))
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Flat 3, 18, Sheep Street, Rugby
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