2-bedroom flat · CV21 2XQ
For saleListed 152 days
Opportunity summary
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About
PROPERTY SUMMARY A well presented second floor apartment conveniently situated within walking distance of Rugby town centre and Rugby railway station.
The property offers modern and spacious accommodation throughout comprising an entrance hallway, an open plan lounge/kitchen/dining room with French doors opening onto a Juliet balcony, two bedrooms with built-in wardrobes and a bathroom fitted with a shower over the bath.
The kitchen is fitted with a range of base and eye level units with integrated oven, hob and extractor hood together with space and plumbing for additional appliances.
Further benefits include gas fired central heating, uPVC double glazing, security intercom entry system and an allocated parking space.
Communal Entrance & Hallway Enter via a communal front door which has security intercom system. This apartment is located on second floor at the end of the hallway which has velux roof windows.
Inner Hallway Enter to the private entrance hallway via wooden door. Doors to all accommodation. Double doors to storage cupboard. Wall mounted radiator.
Lounge/Kitchen/Diner Living Space 14' 4" x 10' 5" (4.37m x 3.18m) uPVC double glazed French doors onto Juliet style balcony to the rear aspect with double glazed panels to both sides.
Two wall mounted radiators. TV and telephone points. Kitchen 10' 5" x 8' 9" (3.18m x 2.67m) Open to the lounge/dining room. Full range of base and eye level units with work surface over.
One and half bowl stainless steel sink and drainer with mixer tap over. Tiling to splash backs. Cupboard housing gas fired combi boiler. Integrated cooker, hob and extractor hood.
Space and plumbing for a washing machine. Space for a fridge/freezer and a further appliance if necessary. Bedroom One 9' 5" x 11' 10" (2.87m x 3.61m) uPVC double glazed window to the rear aspect.
Wall mounted radiator. Built-in wardrobe. Bedroom Two 10' 5" x 7' 6" (3.18m x 2.29m) uPVC double glazed window to the rear aspect. Wall mounted radiator. Built-in wardrobe.
Bathroom Pedestal wash hand basin with a mixer tap. Low level toilet. Panelled bath with a mixer tap and shower over. Heated towel rail. Extractor fan. Tiling to splash backs. Electric shaver socket.
LEASEHOLD 107 Year Lease Service Charges £1200.00 per year Ground Rent £200.00 per year Council Tax band A
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.
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About Charles Warren Close, Rugby
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