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See how verdicts work1-bedroom flat · CV21 1BF
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Canal side apartment within walking distance of Rugby train station and town centre.
This apartment is double glazed throughout with electric heating and briefly comprises of open plan lounge/fitted kitchen with built-in oven and hob, integrated washing machine and fridge/freezer.
There are patio doors which lead onto a brand new decked area overlooking the Oxford Canal.
There is a double bedroom and bathroom with thermostatically controlled shower over the bath, security intercom and allocated parking for one space together with shared visitors space are also a benefit to this home.
This property could be an ideal first time home or an investment opportunity having achieved an annual rental income of £9,360.
Hall - 3.04m x 2.02m max (9'11" x 6'7" max) - Hardwood front door, electric heater, wooden flooring and cupboard housing hot water tank, water meter, consumer unit, alarm control panel and heating controls.
Living Area/Fitted Kitchen - 5.56m max x 5.12m max (18'2" max x 16'9" max) - Open plan living including fitted kitchen with built-in Bosch electric oven, hob and extractor, integrated washer/dryer, fridge/freezer and stainless steel one-and-a-half bowl stainless steel single drainer sink unit.
The living area has UPVC double glazed patio doors to the garden, two electric heaters, wooden flooring and security intercom.
Bathroom - 2.39m max x 2.01m max (7'10" max x 6'7" max) - Panelled bath with thermostatically controlled shower over, wash basin set into vanity unit and low flush w.c.
The bathroom is tiled to full height around the bath area and has vinyl tiled flooring together with extractor fan and heated towel rail.
Bedroom - 4.07m max x 3.16m max (13'4" max x 10'4" max) - UPVC double glazed window, electric heater and carpeted.
Garden - There is a gravelled and brand new decked patio area overlooking the Oxford canal. Parking - One allocated parking space and shared visitors parking are also provided.
Tenure - Leasehold - The agent has been informed that the property is offered leasehold however any interested party should obtain confirmation of this via their own solicitor or legal representative.
Viewings - Viewings are strictly by appointment only via Archer Bassett.
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
Agent & docs
FAQ
About Boughton Wharf, Boughton Road, Rugby
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