Residential

Buy to Let

You will pay 0 Stamp duty

How this was calculated:

Saskia Court, Oliver Street, Rugby

Offers over £117,000 Leasehold

Stamp duty calculator

2 bedrooms
1 bathroom
1 reception

Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :

Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

£150.0 per year

Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

ASK AGENT

Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

£2314.0

Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

106 years left

Features

2 Bedroom Apartment
Ground Floor
Spacious Living
2 Double Bedrooms
Close to Town Centre & Train Station
Allocated Off Road Parking
Tenant in Situ
Excellent Storage Spaces
Annual Yield of 8.7%
Ideal Investment Property.

Nearest Stations

Rugby Rail Station - 0.8 miles

Welcome to this charming ground floor apartment located on Oliver Street in Rugby. This modern property, built in 2007, offers a comfortable living space of 667 square feet, making it an ideal choice for both first-time buyers and investors alike.

The apartment features a well-proportioned reception room, perfect for relaxing or entertaining guests. It boasts two spacious double bedrooms, providing ample space for rest and relaxation. The bathroom is conveniently located, ensuring ease of access for all residents.

One of the standout features of this property is the parking space available for one vehicle, a valuable asset in this bustling area. The apartment is situated close to the town centre and the train station, making it exceptionally convenient for those who commute or enjoy the vibrant local amenities.

Currently, there is a tenant in situ, paying a monthly rent of £850, which translates to an impressive annual yield of 8.7%. This makes the property an attractive investment opportunity, providing a steady income stream from day one.

In summary, this delightful apartment on Oliver Street combines modern living with a prime location, making it a fantastic option for anyone looking to invest in Rugby's property market or seeking a comfortable home. Don't miss the chance to view this property and discover its potential for yourself.

Communal Hallway

Entrance Hallway
Electric Radiator, Doors leading to all rooms, Storage cupboard & Intercom.

Lounge/Dining Room 3.52 x 3.52 (11'6" x 11'6")
Electric radiator & double glazed window.

Kitchen 3.71 x 2.72 (12'2" x 8'11")
Wood effect, drawer and wall units with worktops over, Electric cooker, induction hob with stainless steel extractor fan above, double glazed window, sink and drainer & electric radiator.

Bedroom 1 3.56 x 3.38 (11'8" x 11'1")
Electric radiator & double glazed window.

Bedroom 2 3.38 x 2.80 (11'1" x 9'2")
Electric radiator & double glazed window.

Bathroom 2.37 x 2.21 (7'9" x 7'3")
Bath and mixer shower fixture. Low flush WC. Wash hand basin. Window.

Rugby Borough Council
Rugby Borough Council,
Town Hall,
Evreux Way,
Rugby
CV21 2RR

Leasehold Information
Leasehold - 125 years from 2007 when the property was built
Ground rent - £150.00 per annum
Service charge - £1157.00 Payable every 6 months

Tenants in Situ
Professional Tenant in situ. £850.00pcm/£10,200.00pa

Property Ref: 18602424

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Saskia Court, Oliver Street, Rugby

Utilities

Rights and Restrictions

Risks

Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :

Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

Features

Nearest Stations

Arrange a viewing

Other properties you might be interested in...

Sophia Court, King Edward Road, Rugby

Utilities

Rights and Restrictions

Risks

Council Tax ⓘ A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :

Tenure ⓘ Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :

Ground Rent ⓘ A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

Ground Rent Review Period ⓘ When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

Annual Service Charge ⓘ An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

Length of Lease ⓘ The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

Features

Nearest Stations

Arrange a viewing

Other properties you might be interested in...

Sophia Court, King Edward Road, Rugby

Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :

Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page