Flat for sale in Regent Street, Rugby CV21

£90,000
Interested in this property? Call +44 1788 285526 * or Request Details

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Flat for sale - 1 bedroom

1 1 1

Tenure:
Leasehold
Time remaining on lease:
117 years
Service charge:
£580.21 per year
Ground rent:
£0
Council tax band:
A

Property features

  • Second Floor Studio Apartment
  • Cash Buyers Only - although mortgages might be available below 60% LTV - ask for details
  • Shower Room
  • Vaulted Ceiling
  • Sold with fridge/freezer and Washing Machine
  • EPC Rating - E
  • There Are 117 Years Remaining On The Lease.
  • Ground Rent And Service Charge Is £580.21 Per Annum.
  • Rental value circa £600 pcm - Giving a gross yield of 8%

Property description

A bright second floor studio apartment offering open plan living space and a separate shower room. Rental potential of circa £600 pcm - for sale to investors or residential buyers but you may need to buy with cash, or a low LTV mortgage. Talk to us for more info!

Communal Areas

Accessed via secure intercom entry to the ground floor on Regent Street, stairs rise to first and second floor communal hallways.

There are doors to each apartment which have their own post box, therefore the Royal Mail can deliver to your door - no more communal post boxes!

Open Plan Living Space

With a picture window to front, and Kitchen area comprising base level units and eye level cupboards with built in oven and hob and space for fridge/freezer and washing machine. Laminate flooring. Door to;

Shower Room

With shower cubicle, sink and close coupled WC. Tiling to splash backs, vinyl flooring, extractor fan and shaver socket.

Lease And Service Charges

There are 117 years remaining on the lease and the ground rent and service charge is £580.21 per annum.

About The Area

Rugby's economy is mainly industrial and distribution. It is an engineering centre and has a long history of producing gas and steam turbines at the gec and at the aei. The aei was earlier British Thomson-Houston or bth. They used to dominate employment in the town. They are now amalgamated to form Alstom. Engineering in Rugby is still the most important sector.

There are three new retail parks, “Elliot’s Field” which is leisure and fashion centric, “Junction One” which has a 9 screen cinema and several shops and fast food outlets. “Technology Drive” is mainly home stores and diy based. Elliot’s Field has launched a second phase with more big names to compliment the existing retailers.

There are many excellent schools In Rugby including grammar school (Lawrence Sherrif), Girls School, Ashlawn School (ofsted Top Rated) and of course the world famous Rugby School where the modern game of Rugby was born.

Continued

Rugby is credited as the town that gave the inspiration for the modern Olympic Games, the invention of the laser, hologram and jet engine and enjoys a growing tourism economy as the council and other partners increase the promotion and marketing of the town which is the fastest growing in the West Midlands.

London is only 54 minutes away by (non-stop) train, and the town is excellently positioned for the M1, M6 and A5 as well as the A45, A46 and dirft.

Property info

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For more information about this property, please contact
Cadman Homes, CV21 on +44 1788 285526 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cadman Homes, and do not constitute property particulars. Please contact Cadman Homes for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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