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Heather Close, Rugby

West Midlands

£175,000
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
685 sqft

Description

This two-bedroom semi-detached property offers a solid foundation for renovation and investment, situated in a desirable neighborhood known for its accessibility to local amenities and reputable schools. The layout includes a lounge, a fitted kitchen, and a conservatory, providing ample space with potential for modernization. On the first floor, you will find two well-proportioned bedrooms along with a bathroom. The home features gas central heating and double-glazed windows, contributing to its overall comfort. Externally, the property boasts front and rear gardens, as well as off-road parking that leads to a single garage. Additionally, side access to the rear garden enhances convenience and potential for outdoor improvements. Though this property is currently in need of some updating, it presents an excellent opportunity for first-time buyers looking to make their mark or investors seeking a project with promising rental potential. With no onward chain, viewing is recommended to fully appreciate the possibilities this home has to offer. Bilton is situated approximately 1.5 miles from Rugby town center in Warwickshire. It benefits from proximity to several respected schools catering to all age groups, such as Bawnmore Infant School and Rugby High School for Girls. The area also provides excellent transport links with easy access to major road networks including the M1 and M6, as well as direct train services to London Euston from Rugby Railway Station. This location not only enhances everyday living but also strengthens the property's investment appeal.

Investment Analysis

(CV22 area)

Below Market Value

This property is priced -14.8% below area average per sq ft

-14.8%
Potential saving
This Property
£255/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£225,899
10% above area average per sq ft
Potential ROI
+12.9%
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

Heather Close, 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
£641
Based on a loan of £131,250 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