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Harris Drive, Rugby CV22

West Midlands

£495,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1765 sqft

Description

This spacious four-bedroom detached bungalow is set on a generous plot in a peaceful residential neighborhood. While the property has been well-maintained, it presents an opportunity for modernization, allowing you to tailor the space to your personal taste and requirements. The layout is all on one level, featuring an entrance hall, fitted kitchen, sizeable lounge, and a versatile study that can serve as an additional reception room. Each of the four double bedrooms is adequately sized, with the main bedroom benefiting from its own en-suite bathroom. A family bathroom serves the remaining rooms, making it suitable for family living or anyone seeking ground-floor accommodation. The exterior of the property boasts an attractive garden that provides a private outdoor oasis with mature planting and patio areas for relaxation. Off-road parking and a single garage add further appeal and convenience. Additionally, there exists significant potential to expand into the loft space pending necessary planning permissions, which could enhance your investment long-term. Located close to local amenities while enjoying a quiet setting, this property represents an exciting opportunity to create your ideal home without any onward chain complications.

Investment Analysis

(CV22 area)

Below Market Value

This property is priced -7.8% below area average per sq ft

-7.8%
Potential saving
This Property
£280/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£590,507
10% above area average per sq ft
Potential ROI
+10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (CV22)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +8.3%
5 year growth: +14.3%
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 CV22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,753
Based on a loan of £371,250 over 30 years at 3.91% 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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