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Lower Hillmorton Road, Rugby

West Midlands

£235,000
Listed on 13/08/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1355 sqft

Description

This substantial four-bedroom townhouse presents an excellent opportunity for those looking to invest in a property with significant renovation potential. Nestled on the quiet and sought-after Lower Hillmorton Road, the location offers not only a serene residential environment but also convenient access to the town center and Rugby train station, which provides reliable connections to London Euston in approximately 50 minutes. The home spans three floors, including a versatile basement that adds valuable space. Upon entry, you are welcomed by an inviting hallway that leads into a spacious lounge, perfect for comfortable living and relaxation. Adjacent to this is a sizable dining room that flows into a well-equipped kitchen at the rear of the house. This arrangement is ideal for both casual family meals and entertaining guests. The kitchen opens directly onto a generous courtyard-style garden, providing an outdoor area that requires minimal maintenance while offering ample space for gardening or outdoor leisure activities. On the ground floor, there is also a conveniently located bathroom off the kitchen, enhancing the home's functional design. Moving up to the first floor reveals three well-sized bedrooms filled with natural light and featuring period-style sash windows that contribute to the property's charm. The fourth bedroom, currently utilized as an office, offers flexibility for various uses—from home office space to additional storage—making it adaptable to your needs. A family bathroom completes this level with essential amenities. The basement area holds considerable promise; it can serve as additional storage or be transformed into extra living space with proper planning permissions. Externally, the courtyard-style garden features a mixture of paved areas and lawned spaces surrounded by mature planting for privacy. Additionally, there’s a brick-built workshop connected to the house that has potential as a studio or home office. Offered with no onward chain, this property is ready for new owners to bring their vision to life. While some modernization would enhance its appeal further, it is fundamentally poised to become a personalized dream home through careful updates and improvements. With gas central heating and double glazing already installed alongside its prime location close to local amenities and schools, this townhouse represents not just a home but an investment opportunity rich in potential. Viewing is highly recommended to appreciate fully what this unique property has to offer.

Investment Analysis

(CV21 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£173/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£230
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£380,450
10% above area average per sq ft
Potential ROI
+38.3%
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

Lower Hillmorton Road, 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
£861
Based on a loan of £176,250 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