Map1 bedroom apartment for sale
Langtree House, Rugby CV21
Chain-free
Apartment
1 bed
1 bath
592 sq ft / 55 sq m
EPC rating: D
Key information
Features and description
- Double bedroom with built in wardrobes
- Open plan living space with alcove for office or dining table
- Kitchen area with built in appliances
- No chain
- Gross yield of 7.5% Net of service charges and ground rent 6.1%
- Close to train station
- Allocated space in a permit controlled car park
- Stylish bathroom
- Ground floor apartment with secure fob entry system
- 117 years of lease remaining, service charges £87.50 PCM, ground charges £375 = £1,425 total PA
An apartment on the ground floor of this popular modern block, close to the town centre, train station and bus station. The property boasts rental potential of £750 PCM which equates to a gross yield of 7.5%. Net of ground rent and service charges the yield is 6.1%.
The property
A one bedroom apartment on the ground floor of this popular modern block, close to the town centre, train station and bus station. The property boasts rental potential of £750 PCM which equates to a gross yield of 7.5%. Net of ground rent and service charges the yield is 6.1%. With a double bedroom that has built in wardrobes, a stylish bathroom with shower over the bath and chrome heated towel rail and an open-plan living space with a kitchen area (with built in appliances), and seating area with an alcove perfect for a work-station or dining table. With a designated parking space and secure intercom entry. No chain.
Rugby
Rugby's economy is mainly industrial and distribution. It is an engineering centre and has a long history of producing gas and steam turbines at the GEC and at the AEI. The AEI was earlier British Thomson-Houston or BTH. They used to dominate employment in the town. They are now amalgamated to form Alstom. Engineering in Rugby is still the most important sector. There are three new retail parks, "Elliot's Field" which is leisure and fashion centric, "Junction One" which has a 9 screen cinema and several shops and fast food outlets. "Technology Drive" is mainly home stores and DIY based. Elliot's Field has launched a second phase with more big names to compliment the existing retailers. There are many excellent schools In Rugby including grammar schools (Lawrence Sherrif for boys, Rugby High School for girls), Ashlawn School and of course the world famous Rugby School where the modern game of Rugby was born.
Did you know?
Rugby is credited as the town that gave the inspiration for the modern Olympic Games, the invention of the laser, hologram and jet engine and enjoys a growing tourism economy as the council and other partners increase the promotion and marketing of the town which is the fastest growing in the West Midlands. London is only 54 minutes away by (non-stop) train, and the town is excellently positioned for the M1, M6, A14 and A5 as well as the A45, A46 and DIRFT.
The agent
We are a local, family owned and run firm of estate and letting agents. We specialise in character homes both in town and the villages, as well as small new build developments. If you are unsure of the value of your home, or simply haven't chosen an agent to sell or let it, we'd love to show you what we can do for you. For valuations, mortgages, conveyancers and more contact the local office. We partner with other quality local businesses to keep more business in the local economy.
Council Tax Band: A
Tenure: Leasehold
Lease Years Remaining: 117
Ground Rent: £375.00 per year
Ground Rent Review Period: 20 years
Ground Rent Increase: 0%
Service Charge: £1050.00 per year
The property
A one bedroom apartment on the ground floor of this popular modern block, close to the town centre, train station and bus station. The property boasts rental potential of £750 PCM which equates to a gross yield of 7.5%. Net of ground rent and service charges the yield is 6.1%. With a double bedroom that has built in wardrobes, a stylish bathroom with shower over the bath and chrome heated towel rail and an open-plan living space with a kitchen area (with built in appliances), and seating area with an alcove perfect for a work-station or dining table. With a designated parking space and secure intercom entry. No chain.
Rugby
Rugby's economy is mainly industrial and distribution. It is an engineering centre and has a long history of producing gas and steam turbines at the GEC and at the AEI. The AEI was earlier British Thomson-Houston or BTH. They used to dominate employment in the town. They are now amalgamated to form Alstom. Engineering in Rugby is still the most important sector. There are three new retail parks, "Elliot's Field" which is leisure and fashion centric, "Junction One" which has a 9 screen cinema and several shops and fast food outlets. "Technology Drive" is mainly home stores and DIY based. Elliot's Field has launched a second phase with more big names to compliment the existing retailers. There are many excellent schools In Rugby including grammar schools (Lawrence Sherrif for boys, Rugby High School for girls), Ashlawn School and of course the world famous Rugby School where the modern game of Rugby was born.
Did you know?
Rugby is credited as the town that gave the inspiration for the modern Olympic Games, the invention of the laser, hologram and jet engine and enjoys a growing tourism economy as the council and other partners increase the promotion and marketing of the town which is the fastest growing in the West Midlands. London is only 54 minutes away by (non-stop) train, and the town is excellently positioned for the M1, M6, A14 and A5 as well as the A45, A46 and DIRFT.
The agent
We are a local, family owned and run firm of estate and letting agents. We specialise in character homes both in town and the villages, as well as small new build developments. If you are unsure of the value of your home, or simply haven't chosen an agent to sell or let it, we'd love to show you what we can do for you. For valuations, mortgages, conveyancers and more contact the local office. We partner with other quality local businesses to keep more business in the local economy.
Council Tax Band: A
Tenure: Leasehold
Lease Years Remaining: 117
Ground Rent: £375.00 per year
Ground Rent Review Period: 20 years
Ground Rent Increase: 0%
Service Charge: £1050.00 per year
About this agent
Cadman Homes are an independently owned “family firm” specialising in the marketing, sale and letting of character properties and new builds/conversions. The management team have nearly 100 years combined experience as Estate Agents & Lettings Agents in and around Rugby, Leamington, Kenilworth and South Leicestershire, and specialise in different sectors of the property market. They are all experts all types of properties but excel in the bespoke marketing of character properties and new build developments. Keeping family values at the core of what we do, we want our clients to see us as trusted advisors for the long term. You deserve to be impressed by Estate and Letting Agents. We want you to enjoy the red carpet treatment from the moment you first speak with us. We set up Cadman Homes as a small letting agency in 2008, during the depth of the recession, as a result of Valerie being a victim of redundancy. We have grown into a multi-award winning practice winning local, national and international awards for innovation, marketing as well as “best in show”. Most recently we are proud to be judged in the top 5% of estate and letting agents We all know the property market inside out. You will always have the support of the whole team, but also benefit from a member of the management team being assigned to you, who will specialise in a relevant area of property be it sales, lettings, investment, property management or property law. Unlike many other agents, they will also have a "360 degree" knowledge of the entire process of buying, selling or letting property. This insures that you get peace of mind and benefit from the very best advice and support. We've been in your shoes as a seller, buyer, tenant & landlord! No matter whether you're a vendor, landlord, potential tenant or buyer, we're here for you, even outside of office hours. Our mission statement is "To provide a 24 hour 7 day per week service to vendor, buyer, landlord and tenant, and hopefully do our bit to MAKE YOUR PROPERTY JOURNEY as EASY and STRESS FREE as possible".
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