This well-presented studio apartment is being sold by modern auction and is located in a historic converted factory, within walking distance to Rugby Town Centre and Train Station. The property features a secured intercom communal entrance, leading to an open-plan living/bedroom area with a fitted kitchen, complete with appliances, and a shower room with a shower enclosure, wash hand basin, and WC. The property is currently rented and generates an income of £550 per calendar month. The apartment also benefits from a ground rent of £250 per annum and a service charge. With its convenient location and modern amenities, this property presents a great opportunity for investors or first-time buyers looking for a hassle-free living experience.