1-bedroom flat · CV21 1BF
Listing removedListed 58 days
Opportunity summary
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About
This well presented 1 Bedroom apartment is located on the 3rd floor of this Canalside development.
The apartment benefits from allocated parking within the communal car park along with bicycle storage.
The internal accommodation in brief comprises; Entrance Hall, Living Kitchen Space, Double Bedroom and a Bathroom.
The apartment is located alongside the Oxford Canal which offers wonderful countryside walks. It is still conveniently located to provide good access, either by foot or road, to Rugby Train Station.
Access to major road networks is also available within a short drive. Entrance Hall (1.11m x 2.38m (3'7" x 7'9")) The entrance hall gives access to the properties airing cupboard.
In addition there are doors which give access through to all accommodation.
Living Kitchen Area (3.66m x 5.69m (12'0" x 18'8")) A well proportioned room that is neatly defined into two separate areas of living and kitchen with a part diving wall.
The kitchen itself comprises a range of base and eye level units with a complementary worktop over.
Within the kitchen there is a fitted microwave oven and a four ring electric hob with extractor fan over. In addition there is a fitted fridge freezer.
There is space for a dishwasher and washing machine. The well proportioned living space benefits from a feature triangular shaped window to the rear elevation.
Bedroom (3.63m x 2.84m (11'10" x 9'3")) A good sized double bedroom that benefits from a window to the front elevation.
Bathroom (2.41m x 2.38m (7'10" x 7'9")) With a suite that comprises a low-level flush WC, wash hand basin with vanity unit under and paneled bath with shower above.
Within the bathroom there is tiling to all splash back areas and a wall mounted electric heated towel rail. Parking The apartment benefits from one allocated parking space numbered 12.
Additional visitors parking is available on a first come first served basis. Bicycle storage is available within the communal car park.
Communal Areas The building is accessed by a communal entrance door with intercom system. From here there are stairs that rise to the third floor where access to the apartment is located.
Agents Note - Lease Information This property is sold on a leasehold basis. The lease was created on 29/4/2007 and runs for a period of 150 years.
There are around 131 years remaining on the current lease. Agents Note - Service Charge This property is subject to an annual service charge of approximately £2000.
Agents Note - Ground Rent This property is subject to an annual ground rent payment of approximately £150.
Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Ellis Brooke Estate Agents, they will need to undertake an identification check and be asked to provide information on the source and proof of funds.
This is done to meet our obligations under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your information.
The cost of these checks is £25 (inc VAT) which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
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
Agent & docs
FAQ
About 12, Boughton Wharf, Rugby
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