2-bedroom flat · CV21 2HF
For saleReduced £10k (−7.7%) on 8 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Ideally positioned within walking distance of Rugby town centre, this contemporary duplex apartment offers easy access to a wide range of shops, cafés, restaurants and everyday amenities.
Excellent transport links are close at hand by road and rail.
Description **Stylish Two-Bedroom Duplex Apartment** This beautifully presented first and second floor duplex apartment is located in this highly sought-after area of Rugby and offers contemporary living across two spacious levels.
The accommodation comprises two bedrooms and a modern shower room on the first floor.
Upstairs, the property boasts a stunning open-plan living/ dining and kitchen area, and a Juliette balcony that fills the space with natural light.
Further benefits include UPVC double glazing, gas central heating supplied via a communal boiler maintained by the management company, and the convenience of having both heating and electricity costs included within the service charge, helping to simplify monthly budgeting and remove concerns over boiler maintenance.
There is allocated parking to the rear of the property. This exceptional duplex apartment represents an ideal first-time purchase, investment opportunity, or low-maintenance home.
The property is located in a sought after area, within walking distance of the town centre, offering a great selection of High Street and independent shops as well as a wide range of restaurants, bars and coffee shops.
There is a good selection of primary and secondary schooling, including academies, grammar schools, Warwickshire College and the renowned Rugby School.
The property is also well positioned for the commuter with easy access to major road networks and Rugby Railway Station.
Entrance Hallway Lounge/Kitchen Diner Open Plan with Juliette balcony and laminate flooring. The kitchen has a selction of wall and base units and pantry cupboard.
Bedroom One Rear aspect and laminate flooring. Bedroom Two Front aspect with laminate flooring Shower Room Shower cubicle, toilet, sink and plumbing for a washing machine. Vinyl flooring.
Exterior The property grounds have a communal courtyard and bike shed.
Buyer Aml Fee Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
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.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 231, Follager Road, RUGBY
Explore nearby