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Harris Drive, Rugby

West Midlands

£495,000
Listed on 25/03/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1765 sqft

Description

This spacious four-bedroom detached bungalow sits on a larger-than-average plot in a quiet and sought-after residential neighborhood. While the property has been well cared for over the years, it presents an excellent opportunity for modernization to truly enhance its appeal and value. The home features an entrance hall that leads into a fitted kitchen, a generous lounge, and a separate study or third reception room, allowing for flexible living arrangements. The four double bedrooms include a main suite with en-suite facilities, complemented by a family bathroom. The layout is ideal for both families needing practical space or single-level living options. Outside, the attractive exterior is matched by an expansive rear garden that includes established lawns, patio areas, and mature planting providing privacy. The front of the property provides off-road parking and access to a single garage. With side access and potential for loft conversion (subject to planning permissions), this bungalow not only offers immediate living space but also room for future expansion. Located conveniently near local amenities in a tranquil setting, this property is available with no onward chain, simplifying the purchase process. A visit is recommended to fully appreciate the renovation potential this home holds.

Investment Analysis

(CV22 area)

Below Market Value

This property is priced -6.2% below area average per sq ft

-6.2%
Potential saving
This Property
£280/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£580,217
10% above area average per sq ft
Potential ROI
+7.4%
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
53%
Properties sold annually

Local Market Trend (CV22)

Area prices are rising by +4.6% over the last 12 months
3 year growth: +10.2%
5 year growth: +17.8%
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

Harris 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
£1,785
Based on a loan of £371,250 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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