2-bedroom flat · CV21 3DQ
For saleReduced £15k (−9.1%) on 9 JulListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented duplex penthouse apartment within a characterful converted building, ideally located within walking distance to town centre and train station.
Offering two double bedrooms and a spacious open plan living area, the property benefits from secure gated parking and long lease, making it ideal for commuters or professionals seeking convenient town living.
This unique duplex penthouse apartment is set within a characterful converted corset factory, offering well-presented and versatile accommodation arranged over two floors.
Ideally positioned within walking distance of Rugby town centre and the train station, the property is perfectly suited to commuters and those seeking convenient town living.
The accommodation is thoughtfully laid out, with the entrance level comprising a welcoming hallway leading to two well-proportioned double bedrooms and a modern bathroom.
To the upper floor, a bright and spacious open-plan kitchen, dining and living area provides an excellent space for both everyday living and entertaining, enhanced by good natural light and a pleasant outlook.
The property is well maintained throughout, blending character features with practical modern living.
Further benefits include gated and secure allocated parking for one vehicle, along with access to a communal bin store and bicycle storage area.
Situated in a highly convenient location, the apartment is just a short walk from Rugby town centre, offering a wide range of shops, restaurants and amenities.
Rugby train station is also within easy reach, providing direct mainline services to London Euston in approximately 48 minutes, making this an ideal purchase for commuters.
The area is also well connected by road, with easy access to the M1, M6 and M45.
Offered on a leasehold basis, the property has approximately 115 years remaining on the lease, with a ground rent of £250 per annum and an annual service charge of £1,555.90.
A superb opportunity to acquire a stylish and conveniently located home, early viewing is highly recommended.
Room Dimensions: Lounge L:3.18m W:5.87m Kitchen/Diner L:2.36m W:4.60m Bedroom One L:4.52m W:3.42m Bedroom Two L:4.14m W:3.30m
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 Flat 13, Symington House, Market Street, Rugby
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