Under Offer £150,000 PCM
Cambridge Street, Rugby

EPC For Cambridge Street, Rugby


Miltons Estate Agents are delighted to offer for sale this investment opportunity.
Suitable for cash buyers only.

This end of terraced property was bought by the current owners approximately 46 years ago already divided into two flats with their own access. It is reluctantly offered for sale due to retirement.

Located within walking distance to the town centre and local amenities, both flats are in need of refurbishment throughout please note both flats are all electric no gas and double glazed where stated.

The property benefits from having two single garages to the rear, subject to planning permission there may be potential for a small studio.

Ground floor flat
A front paved garden area leads to the front door.
Opening onto a hallway with doors leading to the living room, a good size double bedroom, and kitchen, to the rear of the flat the bathroom with shower over the bath a rear hall, the back door opens onto a court yard.
This flat is heated with storage heaters. All the windows are double glazed and the back door is a recently fitted UPVC door.

First floor flat
Currently tenanted and is to be sold with the tenant in situ. The rent is up to date and no arrears. He is currently on an assure shorthold periodic tenancy agreement.
The first floor flat is accessed from the rear of the property via external concrete stairs leading up to the main entrance.

The flat has a similar layout to the ground floor flat with the living room to the front elevation, the middle room is the bedroom and built in storage in the hallway, steps lead down to the kitchen and on this level the bathroom with shower over the bath.
The heating is electric and the windows are all double glazed.

Small court yard area with room for a clothes line and space for bikes, the council provide sulo bins for both flats and they are stored to the rear of the property.

2 single garages with metal up and over doors.
In our opinion depending on the standard of the improvements the flats could individually achieve around £500 per calendar month or more.

This property would be ideal for an investment buyer with cash and we recommend the purchase obtains a surveys report prior to purchase as with all property purchases.
Key Home Residential Sales and Lettings Limited incorporating Miltons Estate Agents are related to the owners of this property.

Call the Miltons Team to arrange an appointment on 01604 936000

Miltons Estate Agents are delighted to offer for sale this investment opportunity. Suitable for cash buyers only.

For further details on this property please give our office a call
01604 712200


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