2-bedroom flat · CV21 1EF
Sold STCListed 240 days
Opportunity summary
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About
PROEPRTY SUMMARY We are pleased to offer this stylish and well-maintained two-bedroom ground floor apartment for sale, ideally located in a highly sought-after area within easy reach of Rugby town centre, excellent local amenities, reputable schools, and convenient access to the national motorway network and major road links.
The property features a welcoming entrance hall leading to a spacious open-plan lounge and kitchen, creating an ideal space for modern living.
There are two bedrooms, the first benefiting from built-in storage, along with a contemporary bathroom fitted with a shower over the bath.
Additional features include electric storage heating, uPVC double glazing, a secure intercom entry system, and an allocated parking space, all contributing to a comfortable and convenient lifestyle.
Offered for sale with no onward chain. LOCATION Newbold-on-Avon is a popular suburb located approximately one mile north-west of Rugby town centre.
It offers a selection of local amenities, including a convenience store and takeaway outlets, with a wider range of shopping options available nearby in Rugby town centre, as well as at the out-of-town retail parks, Elliott's Field and Junction One.
The area is bordered by natural features such as the River Avon to the south and the Oxford Canal to the north, the latter being home to the well-known canal-side pub, The Barley Mow.
Newbold is also well-served by schools, including Riverside Academy (primary) and Avon Valley School and Performing Arts College (secondary), making it an attractive location for families.
ENTRANCE HALL KITCHEN/LIVING AREA 14' 6" x 20' 6" (4.42m x 6.25m) BEDROOM ONE 8' 8" x 11' 0" (2.64m x 3.35m) BEDROOM TWO 11' 1" x 6' 3" (3.38m x 1.91m) BATHROOM 6' 4" x 5' 7" (1.93m x 1.7m) LEASE DETAILS Lease: 125 years from 2005 Service charge - £1260 PA Ground rent: £100 PA
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 Parkfield Road, Rugby
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