1 Lower Lea Place, Rugby
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1 Lower Lea Place, Rugby

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We have confidence in this estimated current valuation Updated recently
£162,500
Or £1,056 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Jan 27, 2023
£125,000
For Sale
Jan 28, 2023
£125,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 1 Lower Lea Place, Rugby, a cozy and compact flat type home with 1 bed in the CV21 4NE area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band B.

This modern and well-kept property was built 2003-2006 and has a reported internal area of 43.0 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £162,500 and a rental potential of £1,056 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Jan 27, 2023. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).

Bidding opens on Saturday 11th February at 12:00 and closes on Friday 17th February at 12:00 with a GUIDE PRICE of £125,000

Property Description

A well-presented one-bedroom ground-floor apartment with a modern kitchen and bathroom. Situated in a quiet residential area in the sought-after area of Hillmorton, Rugby. Ideal for a first-time buyer or investment.

Entrance

Entering the property into the long hallway with tiled floor, radiator, and ceiling lights, with doors off to;

Bedroom

Carpeted flooring, built-in wardrobe, pendant ceiling light, radiator, UPVC double glazed window.

Bathroom

Consisting of a white bath with a side panel, mains-powered shower, and a shower screen. white pedestal wash-hand basin, close-coupled WC, mosaic effect vinyl flooring, radiator, frosted window, bathroom cabinet, shaver point. Tiling to the walls, and ceiling light.

Open-plan livingkitchen area

Laminate flooring, two windows to the kitchen area with a large bay window to the living area, all with Venetian blinds. Ceiling lights. The kitchen area consists of modern base and wall units with space for a fridge freezer. There is an integrated washerdryer, inset gas hob electric oven with extractor hood, stainless steel sink and drainer with mixer tap, tiled splash-back.

Outside

The entrance is to the rear of the property with a single garage.

Location

Hillmorton is a suburb of Rugby, Warwickshire, Â the property is 2 miles East of the town centre and is well served by a wide range of local shops and amenities, just a short cycle or bus ride to employment at the vast distribution centres warehouses at DIRFT. Excellent transport links with regular bus routes, easy access to the region‘s central motorway networks (M1M6 and M45) and is just a ten-minute drive from Rugby train station.

More Information

Our enquiry line is open 247 and we‘re happy to answer any questions.

Auction terms + conditions, AML requirements and fees are available on our website [Google: Property Solvers > Property Auctions (in navigation) > Auction Property for Sale (drop-down)].

The legal pack will be uploaded in good time prior to the auction bidding process.

Property Solvers Online Auctions will be running open morningsafternoons and independent viewings (where required).

All viewers must observe our COVID-19 Viewing Policy (available on the listing).

Notice to Bidders

Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.

As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements please see the legal pack documents.

Buyer Reservation Fee

A 2% + VAT (non-refundable) fee + £125 + VAT processing fee will be due from the winning bidder.

(Searches that are not received in time of the auction; a Professional Indemnity Insurance can be taken out to cover against any issues that emerge from the searches)

 
"

Property Data

Data point Compared to road
Tax band B

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £739 Try Mortgage Tracker
Energy £345 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Lawrence Sheriff School
0.8mi
Northlands Primary School
0.9mi
Riverside Academy
1.0mi
The Avon Valley School and Performing Arts College
1.1mi
St Andrew's Benn CofE (Voluntary Aided) Primary School
1.3mi
Nearby Stations
Rugby Station
1.2mi
Long Buckby Station
9.4mi
Coventry Station
10.3mi
Bedworth Station
11.1mi
Canley Station
11.8mi

Comparable properties

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Photos

Strengths and Opportunities

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Our FREE new platform which provides tailored improvement suggestions, alerts, and lets you keep track of and modify property data with absolute ease.

Renovation improvements

🤔
New Kitchen
This could increase your home value by £15,000
🤔
New Bathroom
This could increase your home value by £5,000
🤔
Air Conditioning
This could increase your home value by £7,000
🤔
New Windows
This could increase your home value by £10,000

Cost improvements

🤔
Suggestion: Switch energy provider
Click here to view providers

Strengths

😀
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

There's even more data available!

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Frequently asked questions

  1. How much is 1 Lower Lea Place, Rugby worth?

    1 Lower Lea Place, Rugby is now worth £162,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 1 Lower Lea Place, Rugby - click click here to get a valuation with no strings attached.

  2. What is the rental value of 1 Lower Lea Place, Rugby?

    The current rental valuation for this property is £1,056 per month, within a price range of £951 and £1,162.

  3. How many bedrooms does 1 Lower Lea Place, Rugby have?

    This property has 1 bedrooms. Search for nearby properties with 1 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 1 Lower Lea Place, Rugby?

    Nearby schools in include Lawrence Sheriff School, Northlands Primary School, Riverside Academy, The Avon Valley School and Performing Arts College, St Andrew's Benn CofE (Voluntary Aided) Primary School

    Nearby stations in include Rugby Station, Long Buckby Station, Coventry Station, Bedworth Station, Canley Station.

  5. What type of property is 1 Lower Lea Place, Rugby

    This is a Flat property. There are 7 other Flat properties on LOWER LEA PLACE, and 11 in total.

  6. When was 1 Lower Lea Place, Rugby built? How old is 1 Lower Lea Place, Rugby?

    1 Lower Lea Place, Rugby was was built between 2003-2006.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Coventry, West Midlands Rugby, Warwickshire