Initial price	£125,000
08/05/24	£115,000
Price Change	-8.00%

--- This first-floor apartment is a well-presented one-bedroom property in Rugby town centre, offered for sale by Brown and Cockerill Estate Agents. Built in 2016, it features standard brick construction with a tiled roof and is conveniently located within walking distance of local amenities, including shops, supermarkets, and a variety of dining and entertainment options. The apartment is well-positioned for access to excellent schooling, including both state and private institutions, and offers good commuter links to the M1/M6/A5 and A14 motorway networks, as well as Rugby railway station for intercity services to Birmingham and London. The apartment comprises an entrance hall, a spacious kitchen/dining room with integrated appliances, a comfortable lounge, a large double bedroom with views over the High Street, and a modern bathroom with a shower over the bath. The property benefits from electric central heating, Upvc double glazing, and is connected to all mains services except gas. It also features a communal roof terrace for residents' use. With a lease commencing on 1st January 2022 and 109 years remaining, the property is offered with a service charge of £2745.08, which includes building insurance and maintenance of the grounds, and a ground rent of £100 per annum, with the next review in 2025. The apartment is currently tenanted, generating a monthly rental income of £675, and is being sold with no onward chain. The gross internal area is approximately 55 square meters (592 square feet).