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Crick Road, Hillmorton, Rugby

West Midlands

£375,000
Listed on 07/03/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1735 sqft

Description

This detached dormer bungalow offers a promising opportunity for renovation in the highly desirable Hillmorton area. With three bedrooms, this generous property is set on a substantial plot featuring a private rear garden and a spacious driveway that accommodates multiple vehicles. The location enhances its appeal, as Hillmorton is known for its excellent local schools and community amenities. Commuters will appreciate easy access to major motorway networks including the M40, M6, and M1, while Rugby train station is just a short five-minute drive away, providing convenient rail connections to London Euston in approximately 50 minutes. Inside, the layout presents significant potential for customization. The ground floor includes an entrance porch and hallway leading to a family lounge, an open-plan kitchen/diner ideal for modern living, a separate dining room, and a conservatory that overlooks the garden. A shower room and utility area further contribute to the functional space. Upstairs, the master bedroom comes with fitted wardrobes alongside two additional bedrooms, providing ample room for family or guests. This property is offered with no onward chain, making it an attractive option for those looking to invest in a home ready for updates or personal touches. Early viewings are encouraged to fully appreciate the potential this bungalow holds.

Investment Analysis

(CV21 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£216/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£230
Avg Yield
4.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£487,145
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (CV21)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 0.4%
5 year growth: 12.7%
Investment Disclaimer: Analysis based on CV21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Crick Road, Hillmorton, Rugby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE