Guide price
£115,000
(£210/sq. ft)
2 bed flat for saleAsta Court, Chestnut Field, Rugby CV21
2 beds
1 bath
1 reception
548 sq. ft
EPC Rating: D
- Leasehold
Carter & King
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About this property
Attention Investors - Tennant in Situ
Ground Floor Apartment
Two Bedrooms
Secure Gated Parking
Intercom Entry System
Entrance Hall
Lounge/Diner
Fitted Kitchen
Bathroom
No Onward Chain
**Attention investors - Tenant to be in situ.** Well presented, two bedroom, ground floor apartment, enjoying a town centre location, secure gated parking and intercom entry system.
Entrance hall, lounge/diner, fitted kitchen, bathroom, two bedrooms, double glazing, electric heating, no onward chain.
This superb investment opportunity offers a well-presented two-bedroom ground-floor apartment, situated in a prime location within Rugby town centre. With a tenant already in situ, this property is an ideal choice for investors looking for a ready-made rental income.
The apartment boasts a thoughtfully designed layout, comprising an entrance hall, a spacious lounge/diner, a fully fitted kitchen, a modern bathroom, and two well-proportioned bedrooms. The living area provides a bright and airy space, perfect for relaxation or entertaining, while the kitchen is equipped with a range of fitted units, ample storage, and space for appliances. The bathroom features a contemporary suite with a bathtub, shower over, washbasin, and WC, offering both comfort and functionality.
Additional benefits of this property include double glazing throughout, electric heating, an intercom entry system for added security, and secure gated parking for residents. The apartment is offered with no onward chain, making the purchasing process smooth and hassle-free.
Offered for sale on a leasehold basis, the property comes with approximately 107 years remaining on the lease. The current service/maintenance charge is approx.. £196 per month, and the apartment is currently rented out at £750 per calendar month, providing an excellent net yield of +5% for potential investors.
The property is ideally positioned within Rugby town centre, benefiting from a wide range of shops, supermarkets, restaurants, bars, and other amenities just a short walk away. Additionally, the area is well-served by regular bus routes and offers easy access to the region's central motorway networks, including the M1, M6, and M45.
For commuters, Rugby train station is within walking distance, providing fast and frequent mainline services to London Euston in just 47 minutes, as well as excellent connections to Coventry, Birmingham, and Northampton.
Room Dimensions:
Entrance Hall
Lounge L:5.00m W:3.73m
Kitchen Area L:3.19m W:2.33m
Bathroom
Bedroom One L:3.16m W:3.70m
Bedroom Two L:2.17m W:3.23m
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More information
Tenure
Leasehold (107 years)
Service charge
£2,300 per year
Council tax band
B
Ground rent
Ground rent date of next review