Summary - 154b, Cambridge Street CV21 3NP
2 bed 1 bath Apartment
Ready-to-move-in beginner home near rail links and town centre amenities.
2 bedroom second-floor apartment, newly redecorated and recarpeted throughout
Open-plan lounge/kitchen with new fridge-freezer and washing machine
Allocated off-street parking plus on-street spaces nearby
Close to Rugby station, strong commuter links to Birmingham and London
Leasehold with 79 years remaining — mortgage risk for some lenders
Service charge ~£1,596 pa and ground rent £100 pa to budget for
Chain free for a quicker, simpler purchase process
Compact overall size ~560 sq ft; limited space and storage
Freshly redecorated and offered chain-free, this two-bedroom second-floor apartment on Cambridge Street is a compact, ready-to-move-in option for first-time buyers. The open-plan lounge/kitchen creates a light, practical living space; recent recarpeting and new appliances reduce immediate costs. Allocated off-street parking is a strong convenience in a central town setting.
Positioned close to Rugby railway station and town centre amenities, the property suits commuters who value quick rail links to Birmingham and London. The building is modern (built 2003–2006) with double glazing and gas central heating, keeping running costs typical and comfortable.
Buyers should note material leasehold constraints: 79 years remain and some mortgage lenders may refuse to lend. There is an annual service charge (approx. £1,596) and a small ground rent (£100), so factor these into running costs and mortgage affordability checks. The apartment is small overall (approx. 560 sq ft) and laid out traditionally across a second-floor flat, so storage and space are limited compared with larger homes.
Overall, this property represents a practical entry onto the housing ladder or a buy-to-let starter in a strong commuter location — attractive if you accept the lease length and ongoing service/ground rent costs.
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