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Alwyn Road, Bilton, Rugby

West Midlands

£349,950
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
955 sqft

Description

This spacious detached bungalow is positioned on an appealing plot in the desirable Bilton area of Rugby, offering a unique opportunity for renovation and investment. The property backs directly onto open playing fields, providing a serene backdrop and ensuring a level of privacy that is hard to find in urban settings. The accommodation features three comfortably sized bedrooms, making it suitable for families or those looking to downsize. The bright lounge/diner benefits from dual aspect windows, flooding the space with natural light and allowing for easy access to the rear garden. The fitted kitchen is functional as-is but offers plenty of scope for modernisation or reconfiguration to meet contemporary living standards. Additionally, there’s a central hall and a wet room that could be revamped to enhance the overall appeal of the home. With all living spaces located on the ground floor, this layout lends itself well to potential extensions—subject to planning permissions—which could further increase both livable space and value. The outdoor area features a private garden with unspoiled views across the playing fields; it presents an ideal setting for outdoor activities as well as opportunities for landscaping improvements. The property is equipped with double glazing and gas central heating throughout, contributing to comfortable year-round living while also providing energy efficiency. There’s ample off-road parking available on the driveway as well. Situated in Bilton, this bungalow enjoys proximity to local amenities including shops, supermarkets, cafes, and reputable schools. With excellent transport options nearby—regular bus services and convenient access to major motorways—the location is attractive for commuters or anyone looking to capitalize on rental demand in this sought-after area. Additionally, Rugby train station offers quick connections to London Euston in around 48 minutes. Overall, this bungalow presents a compelling opportunity for those eager to invest in property with significant renovation potential in an excellent location. Early viewing is encouraged for those looking to explore its possibilities further.

Investment Analysis

(CV22 area)

Above Market Value

This property is priced +22.2% above area average per sq ft

+22.2%
This Property
£366/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£314,940
10% above area average per sq ft
Potential ROI
-19.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (CV22)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 6.0%
5 year growth: 16.9%
Investment Disclaimer: Analysis based on CV22 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

Alwyn Road, Bilton, 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
£1,282
Based on a loan of £262,462 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