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Gibson Drive, Rugby CV21

West Midlands

£240,000

Listed on 20/06/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
769 sqft

Description

Presenting a promising investment opportunity, this spacious two-bedroom semi-detached bungalow is situated in a desirable residential area of Rugby. The property, which is chain-free, offers significant potential for modernization and refurbishment, making it an appealing choice for those looking to customize to their tastes or enhance rental value. Upon entering, you are greeted by a generous entrance hall leading to a large family lounge featuring dual aspect windows and an electric fireplace. The kitchen is functional yet in need of updates, with space for essential appliances and plenty of built-in storage. Both bedrooms provide ample room for wardrobes and enjoy views of the rear garden. The shower room features essential amenities but would benefit from a modern touch. Outside, the property boasts substantial front and rear gardens along with a detached garage and off-road parking. Located near highly-rated schools and within walking distance to local shops and parks, the property is also conveniently located close to major transport links for commuters. This bungalow not only presents a comfortable living space but also possesses great potential to be transformed into a modern residence in a sought-after location.

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Investment analysis

(CV21 area)

Above Market Value

This property is priced +21.7% above area average per sq ft

+21.7%
This Property
£312/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£217,016
10% above area average per sq ft
Potential ROI
-21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CV21)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +0.3%
5 year growth: +13.8%
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 CV21
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 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.

Stamp duty calculator

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