1-bedroom flat · CV21 1UA
Under offerListed 144 days
Opportunity summary
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About
PROPERTY SUMMARY Edward Knight Estate Agents are pleased to offer for sale this well-presented one-bedroom first-floor maisonette, benefiting from a long lease and representing an excellent opportunity for first-time buyers or investors alike.
The accommodation briefly comprises an entrance hall, a spacious lounge with an archway leading through to a fitted kitchen, a generously sized double bedroom, and a bathroom fitted with a modern three-piece white suite.
The property further benefits from electric heating and double glazing throughout. Externally, there is a private rear garden and an allocated parking space to the front of the property.
Tenure: Leasehold - approximately 94 years remaining Service Charge: None Ground Rent: £375 per annum LOCATION Strawberry Fields is perfectly situated for commuters thanks to the surrounding road and motorway networks to include the M1, M6, A5 and A14 as well as the short journey to Rugby railway station which offers a main line fast service to London Euston in under 50 minutes.
As well as being perfect for commuters, this location is excellent for walkers and shoppers.
The Warwickshire Wild Life Trust Swift Valley Park Nature Reserve and Great Central Railway Nature Reserve are just a short distance away similarly to Elliott's Field Retail Park which includes a variety of popular outlets such as Marks & Spencer's, Nike and Nando's.
The property is within walking distance to a range of local shops and a doctor's surgery, it is also close to main bus routes.
LIVING ROOM 14' 9" x 10' 5" (4.5m x 3.18m) KITCHEN 12' 4 max" x 6' 2 max" (3.76m x 1.88m) BEDROOM 13' 6 max" x 10' 2" (4.11m x 3.1m) BATHROOM 7' 3" x 6' 1" (2.21m x 1.85m)
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 Grendon Drive, Strawberry Fields
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