The asking rent is £975 a month.

No floorplan from the agent

Rugby, CV21 3PT

1-bedroom flat · CV21 3PT

1 bath

Asking rent

£975/mo

To rentReduced £50 (−4.9%) on 8 OctListed 151 days · slow let

Investor metrics

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

Property Reference: 2909033. Available Mid July.... Don't miss out. Reserve your new stylish town centre apartment now for only £150!

Introducing the most anticipated "Midas Lounge" development in Rugby - Your new home awaits in the heart of town!

These new apartments are finished to a high standard and are situated in a great location with excellent transport routes from Rugby Town Centre to Coventry, Warwickshire, Birmingham, Leicestershire, Northamptonshire and London.

Rugby train station is around a 10-15 minute walk away. There are lots of bars, restaurants, shops and supermarkets just a short walk away.

Please note that due to their close proximity to the town centre, these properties do not have any parking, street parking permits may be available from Rugby council but we advise speaking to the council before reserving a room if you need one.

New to the market!

Apartment 2- £1025 pcm- includes integrated kitchen appliances (Washer/dryer, Oven, Hob, Fridge/freezer) **Price shown includes rent and utility bills (water, electricity, broadband)** TV License & Council Tax to be arranged and paid by the tenant - Tax Band A.

References and employment is required. Supplement for double occupancy of £75pcm available to view now! Contact us to arrange your viewing!

Summary & Exclusions: - Rent Amount: £1,025.00 per month (£236.54 per week) - Deposit / Bond: £500.00 - 1 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 26 May 2026 - Maximum number of tenants is 2 - No Students - No Smokers - Bills Included - No Parking Available - No Garden Access - EPC Rating: D If calling, please quote reference: 2909033 Fees: You will not be charged any admin fees.

** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.

OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.

When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.

This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.

Property Reference two million nine hundred and nine thousand and thirty-three

Key information

Availability

Available now

Check availability with the agent

Bills

Bills Included

Local authority

Rugby

District

County

Warwickshire County

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

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Model

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Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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 advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4Not verified - check with the council

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.