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Craven Road, Rugby - FULL RENOVATION REQUIRED

West Midlands

£150,000
Listed on 18/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
837 sqft

Description

This two-bedroom mid-terrace property in Rugby represents a distinctive opportunity for renovation in a sought-after location. With convenient access to Rugby Train Station, which provides direct connections to London Euston in under 50 minutes, it appeals to both investors and buyers looking for potential within a vibrant community. The property is situated close to the town centre, ensuring easy reach to various shops, amenities, and well-respected schools catering to all ages. Internally, the layout consists of an entrance hall leading to two reception rooms, a kitchen, and a ground floor bathroom. On the upper level, you'll find two bedrooms; the main bedroom includes an extra space that could be converted into a walk-in wardrobe or office area. It is important to note that this home requires extensive refurbishment throughout — this is not merely a cosmetic upgrade but rather a comprehensive modernization project suitable for those willing to invest time and resources. First-time buyers can seize the chance to customize their new home fully, while seasoned investors may recognize the potential for value enhancement through significant updates.

Investment Analysis

(CV21 area)

Below Market Value

This property is priced -29.7% below area average per sq ft

-29.7%
Potential saving
This Property
£179/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£234,640
10% above area average per sq ft
Potential ROI
+11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (CV21)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -1.9%
5 year growth: +10.5%
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

Craven Road, Rugby - FULL RENOVATION REQUIRED
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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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