House For Sale £1,200,000
Situated in the centre of Rugby on the prestigious Dunchurch Road, directly opposite Rugby School.
This period building is now nearing completion having been extensively reconfigured to form 9 individual apartments ranging from 1-3 Bedrooms.
The properties have been finished to a particularly high standard to attract the highest possible rental yield. 8 of the 9 apartments are now fully finished and ready for immediate occupation.
Each apartment has a quality fitted kitchen, which include an Oven, Hob and Sink. The shower rooms have again been fitted with quality fittings, a number of apartments have walk-in shower enclosures.
The property consists of 9 units for letting comprising of: 1 x 3 bedroom ground floor apartment with private entrance, this is located within the rear section of the main building.
From the front door you enter into a communal hall and staircase. Intercom access to each individual apartment. Ground floor, two bedroom apartment. First floor, three one bedroom apartments. Second floor, three one bedroom apartments.
To the rear is a coach house, this is under construction and will form a detached two bedroom first floor apartment with undercroft parking that will allocated at the landlords discretion.
The property is situated in the centre of Rugby town and benefits from all amenities close by. The total site is budgeted to have an annual return of
£75,600, resulting in an estimated yield of 6.3% per annum.
Situation
Rugby has grown to become Warwickshire’s second largest market town, boasting a variety of designer and high street shops, restaurants and pubs.
Famed for its public school, the birth of rugby football and the Frank Whittle jet engine, Rugby is also home to the green open spaces of Caldecott Park, Coombe Abbey Country Park, Brownsover Hall and Draycote Water. With a range of excellent schools, Rugby is ideally placed for a well-rounded education to include a range of state and private schooling available in Rugby and the surrounding area including Bilton Grange, Lawrence Sheriff, Rugby High School, Princethorpe College, and the world-renowned Rugby School.
Equally so for transport too, thanks to its convenient motorway links and speedy rail services to Birmingham, Leicester and London Euston in around 50 minutes. (Situated on the northern edge of Rugby, this location combines the relaxation of a semi-rural retreat by the River Avon), with plenty of amenities close by including a new retail park at hand and the Warwickshire countryside beyond.
Positioned in the heart of England the county is famous for being the birthplace of William Shakespeare. There are no cities in Warwickshire since both Coventry and Birmingham were incorporated into the West Midlands County in 1974 and are now metropolitan authorities in themselves. Warwickshire hosts several key towns including Leamington Spa, Warwick, Stratford upon Avon, Kenilworth, Henley In Arden and Rugby to name a few. The northern tip of the county is only three miles from the Derbyshire
border. An average-sized English county covering
an area of almost 2,000 km2, it runs some 60 miles north to south. Equivalently it extends as far north as Shrewsbury in Shropshire and as far south as Banbury in north Oxfordshire.
Additional Information
Return on investment
Apartment 1:- Ground Floor 3 Bedrooms Estimated
Rental £1100pcm
Apartment 2:- Ground Floor 2 Bedrooms Estimated
Rental £900 pcm
Apartment 3:- First Floor 1 Bedrooms Estimated
Rental £600 pcm
Apartment 4:- First Floor 1 Bedrooms Estimated
Rental £500 pcm
Apartment 5:- First Floor 1 Bedrooms Estimated
Rental £550 pcm
Apartment 6:- Second Floor 1 Bedrooms Estimated
Rental £600 pcm
Apartment 7:- Second Floor 1 Bedrooms Estimated
Rental £500 pcm
Apartment 8:- Second Floor 1 Bedrooms Estimated
Rental £550 pcm
Apartment 9:- Detached Coach House 2 Bedrooms
Estimated Rental £1000 pcm
The total estimated annual rental £75,600 providing a 6.3% Yield.
This period building is now nearing completion having been extensively reconfigured to form 9 individual apartments ranging from 1-3 Bedrooms.
The properties have been finished to a particularly high standard to attract the highest possible rental yield. 8 of the 9 apartments are now fully finished and ready for immediate occupation.
Each apartment has a quality fitted kitchen, which include an Oven, Hob and Sink. The shower rooms have again been fitted with quality fittings, a number of apartments have walk-in shower enclosures.
The property consists of 9 units for letting comprising of: 1 x 3 bedroom ground floor apartment with private entrance, this is located within the rear section of the main building.
From the front door you enter into a communal hall and staircase. Intercom access to each individual apartment. Ground floor, two bedroom apartment. First floor, three one bedroom apartments. Second floor, three one bedroom apartments.
To the rear is a coach house, this is under construction and will form a detached two bedroom first floor apartment with undercroft parking that will allocated at the landlords discretion.
The property is situated in the centre of Rugby town and benefits from all amenities close by. The total site is budgeted to have an annual return of
£75,600, resulting in an estimated yield of 6.3% per annum.
Situation
Rugby has grown to become Warwickshire’s second largest market town, boasting a variety of designer and high street shops, restaurants and pubs.
Famed for its public school, the birth of rugby football and the Frank Whittle jet engine, Rugby is also home to the green open spaces of Caldecott Park, Coombe Abbey Country Park, Brownsover Hall and Draycote Water. With a range of excellent schools, Rugby is ideally placed for a well-rounded education to include a range of state and private schooling available in Rugby and the surrounding area including Bilton Grange, Lawrence Sheriff, Rugby High School, Princethorpe College, and the world-renowned Rugby School.
Equally so for transport too, thanks to its convenient motorway links and speedy rail services to Birmingham, Leicester and London Euston in around 50 minutes. (Situated on the northern edge of Rugby, this location combines the relaxation of a semi-rural retreat by the River Avon), with plenty of amenities close by including a new retail park at hand and the Warwickshire countryside beyond.
Positioned in the heart of England the county is famous for being the birthplace of William Shakespeare. There are no cities in Warwickshire since both Coventry and Birmingham were incorporated into the West Midlands County in 1974 and are now metropolitan authorities in themselves. Warwickshire hosts several key towns including Leamington Spa, Warwick, Stratford upon Avon, Kenilworth, Henley In Arden and Rugby to name a few. The northern tip of the county is only three miles from the Derbyshire
border. An average-sized English county covering
an area of almost 2,000 km2, it runs some 60 miles north to south. Equivalently it extends as far north as Shrewsbury in Shropshire and as far south as Banbury in north Oxfordshire.
Additional Information
Return on investment
Apartment 1:- Ground Floor 3 Bedrooms Estimated
Rental £1100pcm
Apartment 2:- Ground Floor 2 Bedrooms Estimated
Rental £900 pcm
Apartment 3:- First Floor 1 Bedrooms Estimated
Rental £600 pcm
Apartment 4:- First Floor 1 Bedrooms Estimated
Rental £500 pcm
Apartment 5:- First Floor 1 Bedrooms Estimated
Rental £550 pcm
Apartment 6:- Second Floor 1 Bedrooms Estimated
Rental £600 pcm
Apartment 7:- Second Floor 1 Bedrooms Estimated
Rental £500 pcm
Apartment 8:- Second Floor 1 Bedrooms Estimated
Rental £550 pcm
Apartment 9:- Detached Coach House 2 Bedrooms
Estimated Rental £1000 pcm
The total estimated annual rental £75,600 providing a 6.3% Yield.
