4-bedroom terraced house · CV23 9DJ
Listing removedReduced £20k (−10%) on 21 JunListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Open house - Saturday 28th February, contact us for details.
Viewings are highly recommended to appreciate this deceptively spacious four bedroom property, nestled within a quiet village, with potential to improve/modernise.
Description ***chain free property not to be missed*** Connells are pleased to market this superb opportunity to improve an impressive four bedroom end of terraced property in the heart of Long Lawford, Rugby on Elizabeth Way.
This property in brief comprises of; entrance porch/hall, lounge, kitchen, dining room, extended conservatory, four generous bedrooms, and an upstairs shower room.
Externally, there is a low maintenance rear garden, allocated off road parking, plus a single detached garage. Long Lawford is ideally located for access into Coventry, Leamington Spa and Rugby.
The village itself offers some excellent local amenities within close proximity, including a Co-op supermarket, hairdressers, pubs, public houses and the highly regarded Long Lawford Primary School.
The stunning surrounding countryside provides many great hiking trails, including those along the Oxford Canal. Call us today on to arrange your exclusive viewing on this must see home!
Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance A welcoming porch providing front access leading onto the entrance hall.
Lounge Spacious living room with a gas fireplace, sliding doors leading to the conservatory and window to the front aspect.
Kitchen Featuring a range of wall and mount base units, integrated oven with electric hob and extractor fan, plus a dish washer. There is also additional space for a fridge freezer, .
Dining Room Dining room off the kitchen featuring an electric fireplace and access to the conservatory.
Conservatory Rear conservatory making a useful additional reception space, which provides access to the rear garden. This room holds space for a washing machine and tumble dryer.
Landing First floor landing with a loft hatch providing loft access. Bedroom One Featuring a built in wardrobe with sliding doors, built in storage cupboard and window to the front aspect.
Bedroom Two Featuring wardrobe and window to the front aspect. Bedroom Three Featuring space for a wardrobe and window to the rear aspect.
Bedroom Four Featuring space for a wardrobe, built in storage cupboard with shelving, and window to the rear aspect.
Shower Room First floor shower room with a walk in shower, low level WC, sink, and frosted window to the rear aspect.
Rear Garden A low maintenance rear garden with a pond, storage shed, greenhouses and side accessibility.
Garage Single detached garage to the side of the proeprty, with an up and over door pus light and power. Parking This property comes with allocated off road parking to the front. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 35, Elizabeth Way, Rugby
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