2-bedroom flat · CV21 2JL
Sold STCListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious two-bedroom first floor maisonette is situated in the popular residential area of New Bilton, Rugby, offering generously proportioned and neutrally presented accommodation within easy reach of Rugby town centre.
Offered to the market with no onward chain, the property is ready to move into and would make an ideal first-time purchase or investment opportunity.
The property benefits from its own private ground floor entrance, with stairs rising to a spacious first floor landing providing access to the accommodation.
The lounge is generous in size, offering plenty of space for both living and dining furniture and enjoying good natural light from the front-facing window.
Positioned just off the lounge is the fitted kitchen, comprising a range of wall and base units with contrasting work surfaces, tiled splashbacks, sink and drainer, built-in electric oven and hob, together with space for additional appliances.
There are two well-proportioned bedrooms, with the principal bedroom being an excellent-sized double and further benefiting from a useful walk-in wardrobe.
Bedroom two is also a generous double room, providing flexibility for use as a second bedroom, guest room or home office.
The bathroom is fitted with a white suite comprising a panelled bath, wash hand basin and WC, complemented by tiled surrounds and a heated towel rail.
The property is neutrally decorated throughout, with double-glazed windows and electric heating, providing a straightforward home for a buyer to move into and personalise over time.
Situated in New Bilton, the property is conveniently positioned for access to Rugby town centre and its wide range of shops, restaurants and everyday amenities, together with local schooling and transport links.
On-street parking is available within the surrounding area. Offered with no onward chain, this spacious maisonette represents an excellent opportunity for first-time buyers and investors alike.
Room Dimensions: Lounge 2.64m x 3.65m Kitchen Area 3.81m x 1.71m Bedroom One 3.61m x 5.61m Walk in Wardrobe/Office 2.55m x 1.79m Bedroom Two 5.19m x 3.62m
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
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FAQ
About Avenue Road, Rugby
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