2-bedroom flat · CV22 7RQ
Sold STCListed 147 days
Opportunity summary
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About
Brown and Cockerill Estate Agents are delighted to offer for sale this well presented two bedroom ground floor leasehold apartment situated in the popular residential area of Bilton, Rugby.
The purpose built block is of standard brick built construction with a tiled roof and benefits from mains services being connected, with the exception of gas.
The property is conveniently located for local amenities including shops, stores, bus routes to Rugby town centre and excellent local schooling for all ages.
Nearby Bilton village offers a more comprehensive range of facilities including independent shops, veterinary surgeries, doctors, two supermarkets, public houses and hot food takeaway outlets.
There is easy access to the surrounding A45/M45/M1 road and motorway networks and Rugby railway station operates a mainline intercity service to Birmingham New Street and London Euston within an hour.
The apartment is accessed via a secure communal entrance with intercom system.
In brief, the accommodation comprises of an entrance hall with a useful storage cupboard and doors off to the good sized lounge and kitchen, fitted with a four ring hob with oven beneath and extractor over, space for an upright fridge/freezer and plumbing for an automatic washing machine and tumble dryer.
The bathroom is fitted with a white suite to include a panelled bath with shower over, pedestal wash hand basin and low level w.c.
There are two well proportioned bedrooms with bedroom two having a useful storage cupboard. The property benefits from Upvc double glazing and electric heating.
Externally, there are well maintained communal grounds and allocated off road parking for one vehicle. TENURE: LEASEHOLD. Remaining Lease: 99 year lease commenced December 2007 - approx.
79 years remaining. Service/Maintenance Charge: £113.02 per month payable to Stonewater. The apartment does not incur a Ground Rent charge.
Entrance Hall 15' 4" x 3' 8" (4.67m x 1.12m) Lounge 14' 8" x 11' 9" (4.47m x 3.58m) Kitchen 9' 8" x 6' 3" (2.95m x 1.91m) Bedroom One 10' 8" x 10' 3" (3.25m x 3.12m) Bedroom Two 10' 3" x 7' 0" (3.12m x 2.13m) Family Bathroom 6' 3" x 6' 0" (1.91m x 1.83m)
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 Gardeners End, Bilton, Rugby, CV22
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