150 Railway Terrace, Rugby, CV21 3HN

Residential development opportunity with approved planning for 8 new-build apartments and a further 4-apartment conversion scheme.

An exciting opportunity to acquire a substantial freehold development site extending to approximately 0.26 acres, conveniently situated close to Rugby town centre and railway station. With planning permission granted for eight new-build one-bedroom apartments, alongside a previously approved conversion scheme for four further apartments, the site offers an attractive residential development opportunity in a well connected location.

Summary - Residential development opportunity with approved planning for 8 newbuild apartments and a further 4-apartment conversion scheme.

An exciting opportunity to acquire a substantial freehold development site extending to approximately 0.26 acres, conveniently situated close to Rugby town centre and railway station. With planning permission granted for eight new-build one-bedroom apartments, alongside a previously approved conversion scheme for four further apartments, the site offers an attractive residential development opportunity in a well connected location.

Location - The property occupies a convenient position on Railway Terrace, within easy reach of Rugby town centre and approximately 0.3 miles from Rugby railway station, providing direct rail services to London Euston, Birmingham and beyond.

Rugby is strategically positioned within the Midlands, benefiting from excellent road connections via the M1, M6 and A45, offering convenient access to Coventry, Northampton, Birmingham and the wider motorway network.

The town centre provides a comprehensive range of shops, restaurants, leisure facilities and everyday amenities, further enhancing the appeal of this well connected residential development opportunity.

Description - The site presents an attractive opportunity for developers and investors seeking to deliver a residential scheme in an established location, combining new-build accommodation with the redevelopment of an existing building.

The proposed development offers the opportunity to create a collection of modern, self-contained apartments, well suited to the local residential market and benefiting from the town's excellent transport connections and amenities.

The Development - The scheme incorporates a purpose-built apartment development alongside the conversion of the existing building, making use of the site's available space and established structures.

Initial works have commenced within the existing building, with the proposed development also incorporating six parking spaces, as illustrated within the planning documentation.

Planning - Planning permission was granted in October 2025 for the construction of eight new-build one-bedroom apartments under reference R25/0421. The existing building has separately benefited from planning approval for conversion into four one-bedroom apartments under reference R22/1217.

Full planning documentation, drawings and associated conditions are available through Rugby Borough Council's planning portal. Prospective purchasers should satisfy themselves as to the status and requirements of the respective permissions.

Services - Purchasers should note that it is their specific responsibility to make their own enquiries to the appropriate authorities as to the location, adequacy and availability of mains water, electricity, gas and drainage services. The cost of providing such services to the site will be at the purchasers own expense.

Method Of Sale - The land will be available for sale by private treaty

Rights Of Way/Encumbrances - We have assumed that full rights of access are enjoyed and that no third parties enjoy any rights over the property. It is assumed that the property is not subject to any onerous or unusual covenants. Your solicitors should confirm that there are no onerous restrictions or obligations as part of the due diligence process.

Tenure - The site is offered for sale freehold with vacant possession.

Plan, Area And Description - The plan, area and description are believed to be correct in every way, but no claim will be entertained by the vendor or the agents in respect of any error, omissions or misdescriptions. The plan is for identification purposes only.

Legal Costs - Each party to bear their own legal costs incurred in documenting the transaction.

Anti Money Laundering Regulations - To enable us to comply with Money Laundering Regulations we need to verify the buyer’s identity before proceeding with a sale. We charge a small administration fee for conducting an electronic AML verification check via our online provider, MoveButler.

Viewings - Viewings are strictly by prior appointment with sole agents Howkins & Harrison LLP. Please contact Alex Brown on: alex. or .

Agents Notes - Please note that some photographs within this property advertisement have been digitally enhanced for illustrative purposes.