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Ilam Court, Bilton, RugbyIlam Court, Rugby, Warwickshire
£135,000
Property Features
- Ref: 12596085
- Type: Apartment
- Availability: For Sale
- Bedrooms: 2
- Bathrooms: 2
- Reception Rooms: 1
- Tenure: Leasehold
Full Details
Charming two-bedroom ground floor apartment situated in the popular Pavillions Estate, being sold with no upper chain. This property is ideal for a first-time buyer or as an investment, with a potential rental income of£900 per calendar month.
The accommodation includes an entrance hall, a lounge/diner, and a fitted kitchen equipped with a built-in gas hob and oven. There are two well-proportioned bedrooms, with the master benefiting from an en-suite shower.
Additional features include gas central heating, double glazing, and an allocated off-road parking space.
Property Details
Charming two-bedroom ground floor apartment situated in the popular Pavillions Estate, being sold with no upper chain. This property is ideal for a first-time buyer or as an investment, with a potential rental income of £900 per calendar month.
The accommodation includes an entrance hall, a lounge/diner, and a fitted kitchen equipped with a built-in gas hob and oven. There are two well-proportioned bedrooms, with the master benefiting from an en-suite shower.
Additional features include gas central heating, double glazing, and an allocated off-road parking space.
Council Tax Band: B
EPC Rate: C
Annual Ground Rent: £204.97
Annual Service Charge: £1,932.00
Lease Remaining Years: 130
**Rugby Overview**
Rugby's economy is primarily industrial and focused on distribution. The town has a rich engineering heritage, particularly in the production of gas and steam turbines by GEC and AEI, with AEI formerly known as British Thomson-Houston (BTH). These companies historically dominated employment in Rugby and have since merged to form Alstom. Engineering remains the most important sector in the town.
**Retail Expansion**
Rugby has seen the development of three new retail parks:
- **Elliot’s Field**, which focuses on leisure and fashion,
- **Junction One**, featuring a nine-screen cinema, various shops, and fast food outlets, and **Technology Drive**, primarily home stores and DIY retailers.
**Educational Institutions**
Rugby boasts several excellent schools, including:
- Lawrence Sheriff School (a boys grammar school),
- Ashlawn School (which has received top ratings from OFSTED),
- Rugy High School (a girls grammar school)
- The prestigious Rugby School, recognized as the birthplace of the modern game of rugby.
**Historical Significance and Tourism**
Rugby is credited with inspiring the modern Olympic Games and contributing to the inventions of the laser, hologram, and jet engine. The town enjoys a growing tourism economy, aided by increased marketing efforts from the council and other partners, making it one of the fastest-growing locations in the West Midlands.
Rugby is conveniently located, with London just 54 minutes away by non-stop train. It has excellent access to major roads, including the M1, M6, A5, A45, and A46, as well as DIRFT.
**About the Agent**
Viewings are strictly by appointment through our sole agents, Cadman Homes. We are a local, family-owned estate and letting agency covering Rugby, Lutterworth, Coventry, and Leamington. If you are unsure about your home's value or haven't yet chosen an agent to sell or let your property, we are here to assist you. For valuations, mortgages, conveyancing, and more, please contact our local office.
We specialize in character and village properties, as well as small new build developments.