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See how verdicts work2-bedroom flat · CV21 2AE
Sold STCListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brown and Cockerill Estate Agents are delighted to offer for sale this modern purpose built two bedroom leasehold first floor apartment situated within this popular residential area of Rugby.
There are a range of amenities available within the immediate area to include shops, hot food takeaway outlets, public houses, recreational park, churches of several denominations and local schooling for all ages.
Rugby Railway Station operates a regular intercity mainline service to Birmingham New Street and London Euston in under an hour and there is also convenient commuter access to the surrounding M1/M6/A5 and A14 road and motorway networks.
The property is accessed via a secure communal front entrance door with stairs rising to further floors.
The accommodation comprises of an entrance hall with a useful storage cupboard and doors off to an open plan lounge/dining room/kitchen.
To the lounge area, there is a Juliet balcony and the kitchen area has a built-in four ring electric hob with oven and extractor over, has space for an upright fridge/freezer and plumbing for an automatic washing machine.
There are two well proportioned bedrooms with the master bedroom having a Juliet balcony with French doors (opening inwards) allowing for views over the communal gardens.
Both bedrooms are serviced by the modern, refitted family bathroom which has a three piece white suite to comprise of a panelled bath with shower and screen over, vanity unit with inset wash hand basin, low level W.C.
The property benefits from Upvc double glazing, has electric heating throughout and is of standard construction. Main water, mains electricity are connected (no gas).
Externally, there are communal gardens and one allocated parking space with additional visitor spaces available. Gross Internal Area: approx. 55 m² (592 ft²). TENURE: Leasehold.
Term: 107 years remaining. Ground Rent: £125 per annum approx.
Service/Maintenance Charge: £1453.93 per annum approx (covering health and safety, pest control, insurance, cleaning, gardening, repairs, waste removal, window cleaning, security and communal smoke alarms).
Entrance Hall 12' 3" x 9' 3" maximum (3.73m x 2.82m maximum) Open Plan Lounge/Dining Room/Kitchen 16' 4" x 11' 7" (4.98m x 3.53m) Bedroom One 11' 7" x 10' 2" (3.53m x 3.10m) Bedroom Two 14' 5" x 6' 5" (4.39m x 1.96m) Refitted Family Bathroom 6' 5" x 5' 7" (1.96m x 1.70m)
Value & comps
No previous sales on record.
Returns
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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 Lawford Bridge Close, Rugby, CV21
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