Blackwood Avenue, Bilton, Rugby, CV22 1 bed flat for sale

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Blackwood Avenue, Bilton, Rugby, CV22 1 bed flat for sale

Blackwood Avenue, Bilton, Rugby, CV22
£110,000

Our Summary

  • We have been advised that the apartment has generated an income of in the region of £15,000 over the last 12-month period (before fees), and has the potential to continue to generate strong returns moving forwards, making it an ideal investment opportunity
  • Ideal Investment Opportunity and No Onward Chain

Description

This one-bedroom first-floor apartment is situated in the popular residential location of Bilton, Rugby, and is being offered for sale with no onward chain. The apartment block is of standard construction and benefits from mains services, with the exception of gas. The property has a range of amenities nearby, including shops, stores, a local supermarket, and bus routes to Rugby town centre. It's also conveniently located for commuters, with access to the M45/M1/A45 and A46 road and motorway networks, as well as Rugby railway station. The apartment has generated an income of £15,000 over the last 12 months and has the potential to continue to generate strong returns. The property features an open-plan lounge/kitchen, a bedroom with built-in wardrobe, and a shower room. It also has Upvc double glazing and updated electric panel heating, as well as a balcony overlooking Blackwood Avenue and one off-road allocated parking space. The apartment is leasehold with approximately 151 years remaining on the lease, and the ground rent and service/maintenance charges are combined and payable in 6 monthly instalments.