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Modern 1 bed Flat property

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Listed Jan 28, 2024

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£90,000

Available

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01306 883399

By Cubitt and West (Dorking)

Description

An exciting conversion of a famous grade two listed building which is rich in history and of architectural importance in Rugby Town Centre. This bright second floor studio apartment offers open plan living space and a separate shower room. This property is sold with a tenant in situ currently paying £550 and is sold to cash buyers only.

Communal Areas
Accessed via secure intercom entry to the ground floor on Regent Street, stairs rise to first and second floor communal hallways.There are doors to each apartment which have their own post box, therefore the Royal Mail can deliver to your door - no more communal post boxes!
Open Plan Living Space
With a picture window to front, and Kitchen area comprising base level units and eye level cupboards with built in oven and hob and space for fridgefreezer and washing machine. Laminate flooring. Door to;
Shower Room
With shower cubicle, sink and close coupled WC. Tiling to splash backs, vinyl flooring, extractor fan and shaver socket.
Lease And Service Charges
There are 117 years remaining on the lease and the ground rent and service charge is £580.21 per annum.
About The Area
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, â--Elliotâ--s Fieldâ-- which is leisure and fashion centric, â--Junction Oneâ-- which has a 9 screen cinema and several shops and fast food outlets. â--Technology Driveâ-- is mainly home stores and DIY based. Elliotâ--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 school (Lawrence Sherrif), Girls School, Ashlawn School (OFSTED Top Rated) and of course the world famous Rugby School where the modern game of Rugby was born.
Continued
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 and A5 as well as the A45, A46 and DIRFT.