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68 Cornwallis Road, Bilton, Rugby, Warwickshire CV22 7HN - Image 1
68 Cornwallis Road, Bilton, Rugby, Warwickshire CV22 7HN - Image 2
68 Cornwallis Road, Bilton, Rugby, Warwickshire CV22 7HN - Image 3

68 Cornwallis Road, Bilton, Rugby, Warwickshire CV22 7HN

West Midlands

£70,000

Listed on 12/10/2026

The listing

Property details

Bedrooms
2
Type
Maisonette
Area
552 sqft

Description

This two-bedroom first-floor maisonette presents a promising opportunity for renovation in a sought-after residential area of Bilton. The property requires redecoration throughout, making it an ideal project for those looking to add value. The layout includes a hallway leading to a compact kitchen, a lounge with ample natural light, and two bedrooms of reasonable size. The bathroom is functional but would benefit from modernisation. Externally, the property features a shared front garden and a private rear garden that may require some maintenance. Additionally, it comes with a garage located in a nearby block. Leasehold tenure is in place with 45 years remaining, and the seller has initiated discussions with the freeholder regarding lease extension. This maisonette is offered at auction, providing an excellent chance for investors or first-time buyers to secure a property with potential.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

55out of 100
Grade DWeak opportunity

Confidence: LOW

This two-bedroom maisonette in Bilton presents an attractive opportunity to acquire a property well below the local average price per square foot. At a guide price of £70,000, which translates to just £127/sqf, it stands at an impressive 58.1% below the local average of £303/sqf, making it a compelling option for those looking to invest in a renovation project.

While the interior is dated and shows general wear and tear throughout, this opens the door for creative improvements. The living area, bedrooms, and kitchen all require redecoration, allowing you to tailor the space to your taste. The garden, although currently overgrown, can be transformed into a welcoming outdoor retreat. With a light renovation scale, this property has significant potential for value enhancement, especially once the interior updates are completed. The leasehold has 45 years remaining, but the seller is inquiring about an extension, which could add further value in the long term.

Key opportunities

  • Exceptional price at £127/sqf, significantly below local average.
  • Potential to modernize and redecorate the living area and bedrooms.
  • Opportunity to revamp the overgrown garden into a usable space.

Key risks

None recorded.

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Map

Location

68 Cornwallis Road, Bilton, Rugby, Warwickshire CV22 7HN
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£264
Based on a loan of £52,500 over 30 years at 4.45% 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.

Tax

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