2-bedroom flat · CV21 3DA
For saleListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious ground-floor apartment with two double bedrooms, set right in the heart of Rugby and offered with no onward chain.
The layout flows from an inviting entrance hallway into a bright open-plan lounge and refitted kitchen, complete with integrated appliances.
There are two comfortable bedrooms, a bathroom with a shower cubicle, gas central heating, double glazing and characterful exposed ceiling beams. Secure off-road parking adds welcome convenience.
Its position is a real advantage. The railway station is a short walk away, providing fast mainline services to London Euston and Birmingham New Street, making this an excellent choice for commuters.
Everything you need is close at hand: Shops, restaurants, pubs, Rugby Theatre, the library, Caldecott Park and the historic Rugby School. Communal Entrance Hall Entry via communal entrance door to.
Entrance Hall Entry via entrance door. Wall mounted intercom phone. Wooden flooring. Spot lights to ceiling. Doors to all rooms.
Lounge/Kitchen (5.17 x 4.55m (16'11" x 14'11")) Exposed beams to ceilings and walls. Double glazed window to side and rear aspect. Wooden flooring. Range of base and eye-level kitchen units.
Gas hob and electric oven with extractor hood over hob. Rolltop work surfaces. Tiled splashbacks. Single drainer sink unit with mixer tap over. Washing machine. Two radiators.
Bedroom One (4.04m x 2.22m (13'3" x 7'3")) Double glazed doors to front aspect. Wooden flooring. Wall mounted radiator. Bedroom Two (2.53m x 2.22m (8'3" x 7'3")) Double glazed window to front aspect.
Wooden flooring. Exposed wooden beams. Wall mounted radiator. Bathroom Ceramic tiled flooring. Wooden door into storage cupboard. Wall-mounted radiator. Spotlights to ceiling. Low flush w.c.
Pedestal wash hand basin. Wall mounted mirror. Shower cubicle. Off Road Parking Allocated parking for one vehicle via secure electric gates.
Agents Note Council Tax Band: B Energy Efficiency Rating: C Leasehold: 125 years from 2005 Freehold: 1/6th share Service Charge: £125 pcm Ground Rent: None
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
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FAQ
About 2, Drury Court, Rugby
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