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Gibson Drive, Rugby

West Midlands

£240,000
Listed on 11/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
769 sqft

Description

This semi-detached two-bedroom bungalow presents a promising investment opportunity in a desirable area of Rugby. The property, while spacious, is in need of modernisation, providing the ideal blank canvas for renovation enthusiasts. It boasts a generous layout that includes a large lounge with an electric fireplace, a kitchen equipped with essential appliances spaces, and two well-sized bedrooms – each capable of accommodating wardrobes. The shower room features basic amenities but could benefit from an upgrade to enhance functionality and aesthetics. Set back from the road with a sizeable front garden and rear garden complete with a patio area and storage shed, the outdoor space offers potential for landscaping improvements. The garage adds convenience and additional storage options. Located within walking distance to local shops, parks, and highly regarded schools such as Paddox Primary and Abbots Farm Junior School, this property is also well-placed for commuters with easy access to major transport routes and Rugby Railway Station. Investors or buyers ready to take on a project will find this bungalow holds fantastic potential to maximize its value through thoughtful refurbishment.

Investment Analysis

(CV21 area)

Above Market Value

This property is priced +21.9% above area average per sq ft

+21.9%
This Property
£312/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£216,593
10% above area average per sq ft
Potential ROI
-19.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (CV21)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -2.3%
5 year growth: +10.2%
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

Gibson Drive, Rugby
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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
£866
Based on a loan of £180,000 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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