Paradise Street, Rugby
West Midlands
£225,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1175 sqftFeatures
- Garden
Description
Edward Knight Estate Agents presents a three-bedroom traditional terraced house in Rugby, with approximately 1,175 sq ft of accommodation arranged over two floors. The ground floor has an entrance hall, two separate reception rooms, a fitted kitchen and a shower room. Upstairs are three bedrooms, including a larger principal bedroom across the front of the house.
The property retains traditional features and offers scope for a comprehensive programme of modernisation. The rear garden is established and generous in size, with a separate garden room; both are described as needing attention and assessment. The accommodation and outdoor space provide a basis for purchasers to consider their own refurbishment plans.
Paradise Street is close to Rugby town-centre shops, cafés, restaurants, supermarkets and leisure facilities. Rugby railway station provides services to London Euston, Birmingham and Coventry, while the M1, M6 and A45 are accessible by road. Caldecott Park and local schools are also nearby.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
69out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £225,000, this three-bedroom terrace is priced at about £191 per sq ft, around 24% below the local average—a strong entry point for a renovation project. Its 1,175 sq ft, two generous reception rooms, high ceilings and traditional fireplaces give the house a characterful canvas, with dated finishes throughout and an old-fashioned kitchen offering clear scope to modernise. The rear garden also has room to be reworked, while the separate garden room could add further flexibility once assessed.
The £35,000–£60,000 renovation range makes this a substantial but defined project. The asking price plus the £47,500 midpoint of that range is £272,500, compared with an implied current local average value of about £296,570; that is a useful reference point, not a renovated GDV, and excludes fees and stamp duty. The photos show no obvious major structural failure, though the garden room and full roof condition warrant inspection.
Key opportunities
- Modernise the dated kitchen and refresh the patterned carpets, wallpaper and decorative borders across the house.
- Rework the overgrown rear garden and assess the separate garden room for its condition and potential use.
- Make the most of the generous reception rooms, high ceilings, bay window and traditional fireplaces.
Key risks
- The separate garden room’s condition and suitability are not established by the photos.
- The visible images do not confirm the full condition of the roof.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£850
Based on a loan of £168,750 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.
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