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Alexandra Road, Rugby, Warwickshire, CV21 2SY - Image 1
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Alexandra Road, Rugby, Warwickshire, CV21 2SY - Image 3
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Alexandra Road, Rugby, Warwickshire, CV21 2SY

West Midlands

£55,000
Listed on 12/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This detached property presents a unique opportunity for renovation or redevelopment, situated conveniently near Rugby town centre and the train station. Currently utilized as a storage facility, the space spans two floors and offers numerous possibilities for conversion into residential or commercial use. The property occupies a plot measuring approximately 16 metres by 6 metres in a desirable residential area, enhancing its investment potential. Previous planning permission has been granted for constructing a garage, and there remains the possibility to develop either a new dwelling or an industrial unit, appealing to a wide range of buyers and investors. Given its location, this site allows for easy access to local amenities and transport links, making it an attractive choice for future tenants or homeowners. The flexible nature of the existing structure allows prospective buyers the creative freedom to explore various uses that align with their investment goals. While we have not conducted an inspection of the property, this offering is being sold via online auction under clear terms. Interested parties are encouraged to review the legal documentation available upon request to facilitate informed bidding. Given the nature of auction sales, it’s advisable for potential bidders to consult with legal advisors prior to engaging in the purchase process.

Investment Analysis

(CV21 area)
Area Average
£255/sq ft
Avg Rent (weekly)
£230
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
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

Alexandra Road, Rugby, Warwickshire, CV21 2SY
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£201
Based on a loan of £41,250 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