1-bedroom flat · CV22 7BA
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** 75% SHARED OWNERSHIP - AGE RESTRICTED PROPERTY *** Brown and Cockerill Estate Agents are delighted to offer for sale this one bedroom ground floor apartment conveniently located and within walking distance of Rugby town centre.
The property is being offered for sale on a 75% shared ownership basis and is age restricted to people over 70 years old.
The modern development comprises of 27 one bedroom and 35 two bedroom apartments. All apartments are spacious, light, contemporary with intelligent high specification fixtures and fittings.
There is a Homeowners Lounge with Wi-Fi designed to be the community hub providing an ideal communal space for socialising and relaxing.
There are a range of amenities available within the town centre to include shops and stores, restaurants and cafes, public houses, hot food takeaway outlets, recreational grounds, supermarkets and churches of several denominations.
Rugby railway station operates a regular mainline intercity service to Birmingham New Street and London Euston within the hour.
There is convenient access to the M1, M6, A5 and A14 road and motorway networks.
In brief, the accommodation comprises of an entrance hall with a walk-in storage cupboard and doors off to a generously sized lounge/dining room with a part glazed door giving access to the kitchen.
The kitchen is fitted with an oven and microwave, four ring induction hob with extractor over and has an integrated fridge and separate freezer.
There are ceiling spotlights and modern under wall cupboard lighting.
The double bedroom has a useful walk-in wardrobe and is serviced by the fully tiled wet room which is fitted with a shower area, low level w.c.
and a vanity unit with inset wash hand basin with mirror over. The apartment benefits from Upvc double glazing and has electric heating.
Externally, the property benefits from a private patio area and there are beautiful communal gardens and an on-site bistro which serves a varied menu and is open 7 days a week.
Early viewing is considered essential to appreciate this well-appointed development. TENURE: Leasehold. 999 year lease - commenced 01/01/22. Rent: £0 (to be reviewed 01/01/37).
Service Charge: £8870.92 (financial year end 2026).
Entrance Hall 10' 1" x 5' 8" (3.07m x 1.73m) Walk-In Storage Cupboard: 6' 4" x 4' 2" (1.93m x 1.27m) Lounge/Dining Room 25' 3" x 10' 2" maximum (7.70m x 3.10m maximum) Kitchen 8' 7" x 8' 1" (2.62m x 2.46m) Bedroom 13' 8" x 10' 3" (4.17m x 3.12m) Wet Room 7' 3" x 6' 11" (2.21m x 2.11m)
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
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FAQ
About Knox Court, Bilton Road, Rugby, CV22
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