Low-maintenance apartment with strong commuter links and rental income potential.
Allocated off-street parking space included
Long lease: approximately 982 years remaining
Currently let at £695pcm — immediate rental income
Annual service charge £1,200 and ground rent £150
Electric panel/room heaters; no gas central heating
No private garden; average-sized rooms for a one-bedroom flat
Close to Rugby station, retail parks and major motorway links
Council Tax Band A (very low)
A well-presented one-bedroom apartment in a contemporary low-rise block, currently let at £695pcm. The property offers a long lease (approx. 982 years), allocated off-street parking and modern double glazing, making it straightforward to manage as a buy-to-let or a low-maintenance home for a commuter.
The open-plan living/kitchen area and neutral decor present good rental appeal; the building sits close to major road links (M6, M1, A14) and Rugby railway station, and is within walking distance of shops, cinema and a supermarket. These practical transport and amenity connections support steady tenant demand.
Buyers should note the annual service charge (£1,200) and ground rent (£150), and that heating is by electric panel/room heaters which can be more costly than gas systems. There is no private outdoor space and room sizes are average for a one-bedroom flat — suitable for singles or couples but not for those needing outdoor gardens or larger family accommodation.
Overall this is a practical, low-maintenance apartment in a convenient, well-connected location. For investors it already produces income; for owner-occupiers it offers modest running costs but some reliance on electric heating.
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