Sold STC Flat

16A

BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE CV22 7ER

1 beds 1 baths 527 sq ft Listed 23 Nov 2021 (-1665d)

£70,000

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# 1 bedroom flat for sale (CV22 7ER)

## Property Details

| Key | Value |
|-----|-------|
| Address | 16A, BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE CV22 7ER |
| Price | £70,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 49 m² |
| Last sold | £65,000 Apr 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 18/05/2036
- **Current heating cost:** £578/year
- **Est. upgrade cost to C:** £6,780

### Recommendations
- C (£20 - £40)
- T (£3,500 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0300-2401-5650-2696-7261)

## Description

**  INVESTMENT OPPORTUNITY **  TENANT IN SITU  **  CASH PURCHASERS ONLY  ** (Due to term remaining on the lease).  Spacious one bedroom first floor flat benefiting from double glazing and electric storage heating throughout.  The accommodation comprises of hallway with storage cupboard housing, lounge with patio door leading onto balcony, fitted kitchen with built-in oven and hob and good sized double bedroom.  There is a shower room with electric shower fitted into shower enclosure.  This home is situated close to local amenities and is currently tenanted achieving an annual income of £6000.  Vacant possession can be obtained before completion should you not require the tenant to remain in situ.

**Hall** - 9.27m max x 1.25m max (30'4" max x 4'1" max) - UPVC double glazed door leading to hallway with storage cupboard housing the electric meter and consumer unit and carpeted.

**Lounge** - 4.33m max x 4.12m max (14'2" max x 13'6" max) - UPVC double glazed window and UPVC double glazed door with full width windows leading to the balcony, storage heater and carpeted.

**Kitchen** - 4.54m max x 2.12m max) (14'10" max x 6'11" max)) - UPVC double glazed window, range of built-in matching wall and base units with built-in oven, Lamona hob and extractor, stainless steel single drainer sink with mixer tap, breakfast bar and space for appliance and tiled floor.  Storage cupboard housing hot water tank and Grasslin timer.

**Bedroom** - 3.94m max x 3.87m max (12'11" max x 12'8" max) - Double bedroom with UPVC double glazed window, built-in wardrobe, storage heater and carpeted.

**Shower Room** - 1.95m max x 1.39m max (6'4" max x 4'6" max) - Shower enclosure housing Triton T70 electric shower, pedestal wash hand basin, low flush w.c., heated towel rail and tiled floor.

## Property Photos

- ![Photo](/listings/photos/116729663/356150)
- ![Photo](/listings/photos/116729663/356151)
- ![Photo](/listings/photos/116729663/356152)
- ![Photo](/listings/photos/116729663/356153)
- ![Photo](/listings/photos/116729663/356154)
- ![Photo](/listings/photos/116729663/356155)

## Floorplans

- ![Floor plan.jpg](/listings/photos/116729663/356156) - Floor plan.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/116729663/356157) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16A BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER | £65,000 | 29/04/2022 | Flat |
| 16A BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER | £43,000 | 17/10/2008 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 7 GARDENERS END, RUGBY, WARWICKSHIRE, CV22 7RQ | £125,000 | 28/03/2025 | Flat |
| KNOX COURT FLAT 48 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £336,695 | 23/04/2024 | Flat |
| KNOX COURT FLAT 11 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £216,200 | 29/11/2023 | Flat |
| 29 GARDENERS END, RUGBY, WARWICKSHIRE, CV22 7RQ | £115,000 | 31/10/2023 | Flat |
| 29 GARDENERS END, RUGBY, WARWICKSHIRE, CV22 7RQ | £120,000 | 30/10/2023 | Flat |
| KNOX COURT FLAT 12 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £149,758 | 17/07/2023 | Flat |
| KNOX COURT FLAT 23 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £140,398 | 17/07/2023 | Flat |
| KNOX COURT FLAT 2 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £140,398 | 17/07/2023 | Flat |
| KNOX COURT FLAT 30 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £231,695 | 18/05/2023 | Flat |
| [Same street] 20B BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER | £85,000 | 13/03/2023 | Flat |
| [Same street] 18A BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER | £85,000 | 13/03/2023 | Flat |
| KNOX COURT FLAT 19 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £225,000 | 26/01/2023 | Flat |
| KNOX COURT FLAT 49 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £230,000 | 26/01/2023 | Flat |
| KNOX COURT FLAT 34 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £295,000 | 26/01/2023 | Flat |
| KNOX COURT FLAT 24 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £230,000 | 26/01/2023 | Flat |
| KNOX COURT FLAT 1 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £235,000 | 26/01/2023 | Flat |
| KNOX COURT FLAT 50 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £230,000 | 26/01/2023 | Flat |
| KNOX COURT FLAT 39 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £220,000 | 26/01/2023 | Flat |
| KNOX COURT FLAT 28 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £230,000 | 26/01/2023 | Flat |
| KNOX COURT FLAT 32 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £325,000 | 26/01/2023 | Flat |
| KNOX COURT FLAT 54 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £290,000 | 26/01/2023 | Flat |
| KNOX COURT FLAT 42 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA | £225,000 | 26/01/2023 | Flat |
| [Same street] 8A BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER | £54,500 | 11/04/2022 | Flat |
| [Same street] 18B BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER | £55,500 | 30/03/2022 | Flat |
| [Same street] 22B BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER | £80,000 | 28/02/2022 | Flat |

**Street average:** £72,000 (5 sales)
**Area average:** £215,507 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £138,100 (10 Flat, CV22, 2024–2026)
- **Deviation:** -49.3%

## Rental Range

*ONS Price Index of Private Rents (Rugby). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £930/mo
- **Realistic:** £1,033/mo
- **Optimistic:** £1,136/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Rugby & East (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £593/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Gardeners End, CV22 | £750/mo | 1 | 0.2 miles | OpenRent |
| 1 Bed Flat, Stowe Drive, CV22 | £800/mo | 1 | 0.34 miles | OpenRent |

**Average rent: £775/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 1.11% (strong)
- **Max investor price (0.8%):** £96,875
- **Target investor price (1%):** £77,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £775/mo).*

- **Gross yield:** 13.3%
- **Cost-to-rent:** 7.5×
- **Monthly cashflow:** £397/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 23.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,429/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -33.4%
- **10y growth:** 17.8%

## House Price Index (HM Land Registry)

*Official index for Rugby; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -4.7%
- **5y growth (index):** 4.4%
- **10y growth (index):** 29%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD

Floor area

49 m²

EPC rating

Year built

England and Wales: 1967-1975

Last sold

£65,000 Apr 2022

Price per m²

£1,429/m²

Local average

£138,100 (-49.3%)

Deprivation

Decile 4 (10,563 of 33,755)

Street crime

149 incidents within 1 mile (Apr 2026)

Key features

CASH BUYERS ONLY - SHORT LEASE
1 BED FIRST FLOOR FLAT
TENANT IN SITU
CURRENT INCOME OF £6000PA
SERVICE CHARGE £1320PA
GROUND RENT £50PA

Description

INVESTMENT OPPORTUNITY TENANT IN SITU CASH PURCHASERS ONLY (Due to term remaining on the lease). Spacious one bedroom first floor flat benefiting from double glazing and electric storage heating throughout. The accommodation comprises of hallway with storage cupboard housing, lounge with patio door leading onto balcony, fitted kitchen with built-in oven and hob and good sized double bedroom. There is a shower room with electric shower fitted into shower enclosure. This home is situated close to local amenities and is currently tenanted achieving an annual income of £6000. Vacant possession can be obtained before completion should you not require the tenant to remain in situ.

Hall - 9.27m max x 1.25m max (30'4" max x 4'1" max) - UPVC double glazed door leading to hallway with storage cupboard housing the electric meter and consumer unit and carpeted.

Lounge - 4.33m max x 4.12m max (14'2" max x 13'6" max) - UPVC double glazed window and UPVC double glazed door with full width windows leading to the balcony, storage heater and carpeted.

Kitchen - 4.54m max x 2.12m max) (14'10" max x 6'11" max)) - UPVC double glazed window, range of built-in matching wall and base units with built-in oven, Lamona hob and extractor, stainless steel single drainer sink with mixer tap, breakfast bar and space for appliance and tiled floor. Storage cupboard housing hot water tank and Grasslin timer.

Bedroom - 3.94m max x 3.87m max (12'11" max x 12'8" max) - Double bedroom with UPVC double glazed window, built-in wardrobe, storage heater and carpeted.

Shower Room - 1.95m max x 1.39m max (6'4" max x 4'6" max) - Shower enclosure housing Triton T70 electric shower, pedestal wash hand basin, low flush w.c., heated towel rail and tiled floor.

Listed by

Coventry

Archer Bassett & Co Ltd

Reference: 116729663

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 19/05/2026

Expiry date: 18/05/2036

Current heating cost: £578/year

Potential heating cost: £348/year

Est. upgrade cost to C: £6,780

Recommendations

Add additional 80 mm jacket to hot water cylinder (£20 - £40)
Change heating to gas condensing boiler (£3,500 - £10,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor plan.jpg

EPC Graphs

EE Rating

Price history

51% since 2008

Event	Date	Price	% change
Sold	29/04/2022 (4 years ago)	£65,000	+51.2%
Sold	17/10/2008 (17 years ago)	£43,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
7 GARDENERS END, RUGBY, WARWICKSHIRE, CV22 7RQ	£125,000	28/03/2025	Flat
KNOX COURT FLAT 48 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£336,695	23/04/2024	Flat
KNOX COURT FLAT 11 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£216,200	29/11/2023	Flat
29 GARDENERS END, RUGBY, WARWICKSHIRE, CV22 7RQ	£115,000	31/10/2023	Flat
29 GARDENERS END, RUGBY, WARWICKSHIRE, CV22 7RQ	£120,000	30/10/2023	Flat
KNOX COURT FLAT 12 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£149,758	17/07/2023	Flat
KNOX COURT FLAT 23 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£140,398	17/07/2023	Flat
KNOX COURT FLAT 2 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£140,398	17/07/2023	Flat
KNOX COURT FLAT 30 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£231,695	18/05/2023	Flat
Same street 20B BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER	£85,000	13/03/2023	Flat
Same street 18A BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER	£85,000	13/03/2023	Flat
KNOX COURT FLAT 19 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£225,000	26/01/2023	Flat
KNOX COURT FLAT 49 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£230,000	26/01/2023	Flat
KNOX COURT FLAT 34 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£295,000	26/01/2023	Flat
KNOX COURT FLAT 24 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£230,000	26/01/2023	Flat
KNOX COURT FLAT 1 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£235,000	26/01/2023	Flat
KNOX COURT FLAT 50 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£230,000	26/01/2023	Flat
KNOX COURT FLAT 39 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£220,000	26/01/2023	Flat
KNOX COURT FLAT 28 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£230,000	26/01/2023	Flat
KNOX COURT FLAT 32 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£325,000	26/01/2023	Flat
KNOX COURT FLAT 54 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£290,000	26/01/2023	Flat
KNOX COURT FLAT 42 BILTON ROAD, RUGBY, WARWICKSHIRE, CV22 7BA	£225,000	26/01/2023	Flat
Same street 8A BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER	£54,500	11/04/2022	Flat
Same street 18B BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER	£55,500	30/03/2022	Flat
Same street 22B BLACKWOOD AVENUE, RUGBY, WARWICKSHIRE, CV22 7ER	£80,000	28/02/2022	Flat

Street average: £72,000 (5 sales)

Area average: £215,507 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -33.4%

10y growth 17.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Rugby. Series: Flats and maisonettes. As of March 2026.

1y (index) -4.7%

5y (index) 4.4%

10y (index) 29%

Rental Range

Estimated market rent for Rugby. Low = conservative, Realistic = average, Optimistic = best case.

Low £930/mo

Realistic £1,033/mo

Optimistic £1,136/mo

Based on Local Authority from postcode lookup → Rugby.

LHA (30th percentile) floor for Rugby & East: £593/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View CV22 7ER

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Blackwood Avenue	0.0 miles
Bus stop	Cunningham Way North	0.1 miles
Shop	Midvale Garage	0.3 miles
Shop	Karpet Kingdom	0.3 miles
Hospital	Hospital of St Cross	1.4 miles
Train station	Rugby	1.8 miles
Hospital	University Hospital Coventry & Warwickshire	7.3 miles
Train station	Copsewood Miniature Railway	7.7 miles
University	Unknown	9.3 miles

Street-level crime

Category	Count
Violence and sexual offences	53
Anti-social behaviour	27
Criminal damage and arson	14
Public order	14
Drugs	9
Shoplifting	9
Vehicle crime	7
Burglary	5
Other crime	3
Other theft	3
Bicycle theft	2
Possession of weapons	2
Robbery	1
Total incidents	149

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Henry Hinde Infant School	Primary	0.3 miles	Good — 9 May 2013
Henry Hinde Junior School	Primary	0.4 miles	Good — 15 Dec 2022
St Oswald's CofE Academy	Primary	0.4 miles	— (Inspected (no overall grade))
Bilton School	Secondary	0.5 miles	Good — 14 Sep 2021
Crescent School	Other	0.6 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Gardeners End, CV22	£750/mo	1	0.2 miles	OpenRent
1 Bed Flat, Stowe Drive, CV22	£800/mo	1	0.34 miles	OpenRent

Average rent: £775/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.11%

Max investor price (0.8%) £96,875

Target investor price (1%) £77,500

Gross yield 13.3%

Cost-to-rent ratio 7.5×

Monthly cashflow £397/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 23.5%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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