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    Key features

    • To be offered on Tuesday 21 April
    • Freehold block of four self-contained flats — 3 × 1-bed, 1 × 2-bed
    • Renovated to high specification with full planning permission and Building Regulations completion certificates held
    • Five dedicated parking spaces and communal gardens
    • 0.7 miles from Rugby station (50 minutes to London Euston)
    • Part investment let at £20,940 per annum
    • Two flats vacant
    • Previously fully let for £43,920 per annum 

    Description

    Fully income-producing freehold residential block.

    Converted from a detached house into four high-quality self-contained apartments under full planning permission with all Building Regulations completion certificates in place.

    Each apartment feature modern finishes including herringbone wood flooring, fitted kitchens with integrated appliances, and contemporary bathrooms with glass enclosures.

    The property sits on a plot of approximately 5,000 sq ft with five parking spaces and communal gardens.

    Previously fully let for £43,920 per annum 

    Additional information

    Tenure

    Freehold.

    Tenancy

    Flat 1 (1-bed): Let at £850 PCM on a periodic AST

    Flat 2 (1-bed): Let at £895 PCM on a periodic AST

    Flat 3 (1-bed): Vacant possession

    Flat 4 (2-bed): Vacant possession at completion

    Planning

    Full planning permission granted by Rugby Borough Council for conversion and subdivision into 4 residential units.

    Rent

    Part investment let at £20,940 per annum (Two flats vacant).

    Notes

    NOTICE – RENTERS' RIGHTS ACT 2025. Please take note if youwish to bid on a property with a tenancy. This Act is in force from 1 May 2026. From that date, all assured tenancies in the private rented sector will become rolling (“periodic”) tenancies and the current system of fixed term assured shorthold tenancies will no longer apply. Tenancies signed on or after 1 May 2026 will be subject to the new rules. If you are purchasing a property currently let on an assured shorthold tenancy, the tenancy may no longer operate as described in the tenancy schedule or legal pack if completion falls on or after 1 May 2026. Other changes under the Act also apply. This notice is for your information only and you should take legal advice before bidding and review Government Guidance available at: www.gov.uk/government/publications/guide-to-the-renters-rights-act

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Located on Boughton Road, close to the turning for Projects Drive.

      A range of shopping amenities are available in the centre of Rugby.

      The recreational amenities of Broughton Road Recreation Ground and Swift Valley Country Park are close by.

      Close proximity to Rugby railway station, with mainline services to London Euston (c.50 minutes) and Birmingham New Street.

      Access to the M1, M6, and A14 motorway networks.

      Close to Rugby town centre, Elliott’s Field retail park, and a wide range of local amenities and schools including the renowned Rugby School.

      Transport

      Rugby - National Rail.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums