2-bedroom terraced house · CV21 3HH
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom mid terraced property within walking distance to the town centre and Rugby train station.
The property has no onward chain and includes, lounge, dining room, kitchen, ground floor and upstairs bathrooms, two double bedrooms and low maintenance garden.
A great opportunity for a first time buyer or property investor. Summary - A two bedroom mid terraced property within walking distance to the town centre and Rugby train station.
The property has no onward chain and includes, lounge, dining room, kitchen, ground floor and upstairs bathrooms, two double bedrooms and low maintenance garden.
A great opportunity for a first time buyer or property investor.
Location - Spring Street is a well established central Rugby location, just a short walk from the town centre and Rugby railway station.
The town offers a mix of well known and independent shops, along with a good choice of cafés and restaurants.
Highly regarded schools including Lawrence Sheriff Grammar School and Rugby School are within walking distance, with Rugby High School and other options easily reached.
For commuters, the station is around three minutes on foot, with direct trains to London Euston in about 50 minutes.
There is also straightforward access to the M45, M1, M6 and M40, connecting you to Birmingham, Coventry, Leamington Spa and Northampton.
A practical spot for those wanting everyday convenience with strong transport links. Lounge - 3.12m x 3.33m (10'3 x 10'11) - Enter via uPVC door. uPVC bay window. Radiator.
Door into: Dining Room - 3.10m x 3.45m (10'2 x 11'4) - uPVC window to rear elevation. Radiator. Under stairs cupboard. Door into: Kitchen - 4.24m x 1.78m (13'11 x 5'10) - A range of base level units.
uPVC door to garden. uPVC window to side elevation Space for cooker. Built in sink with mixer tap. Space fridge freezer and washing machine.
Tiled splashabacks Rear Lobby - Door into: Bathroom - 1.68m x 1.68m (5'6 x 5'6) - Bath with mixer taps and shower attachment. Wash hand basin with pedestal and taps. Low flush wc.
Window to side elevation. Radiator. Stairs And Landing - Bedroom One - 3.99m x3.45m (13'1 x11'4) - uPVC Window to rear. Radiator.
Door into Shower Room - 1.80m x 2.69m (5'11 x 8'10) - Shower With mixer shower. Low flush wc. Wash hand basin With pedestal and mixer tap. Radiator. Window to rear.
Bedroom Two - 3.96m x 3.33m (13'0 x 10'11) - uPVC Window to front. Radiator. Rear Garden - Fencing to boundaries. Gate to front. Decking area.
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
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
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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 Spring Street, Rugby
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