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Ashlawn Road, Hillmorton, Rugby CV22

West Midlands

£395,000

Listed on 16/06/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
1244 sqft

Description

This two-bedroom detached bungalow, situated on a desirable corner plot in Hillmorton, offers a unique opportunity for buyers seeking to invest in a property with considerable renovation potential. The spacious lounge and dining area provide a welcoming space for both relaxation and social gatherings, while the well-appointed kitchen looks out onto the garden, presenting an ideal canvas for modernisation. Both bedrooms are generously sized, with one featuring built-in storage, and the property includes a family bathroom as well as additional storage options throughout. The exterior boasts wraparound gardens and a private courtyard that requires minimal upkeep yet can be transformed into an inviting outdoor retreat. A detached garage and attached workshop add to the property's functionality, accommodating off-road parking and ample storage or hobby space. Notably, the loft space offers additional storage or the potential for development (subject to planning permissions), which could significantly enhance the property's value. Nestled in one of Hillmorton's most sought-after locations, this bungalow is within walking distance of local amenities and excellent transport links to Rugby town centre and beyond. This home presents an exceptional opportunity for someone looking to apply their vision and create a tailored living space in a prime area.

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Investment analysis

(CV22 area)

Above Market Value

This property is priced +4.3% above area average per sq ft

+4.3%
This Property
£318/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£257
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£416,404
10% above area average per sq ft
Potential ROI
-3.2%
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
16%
Properties sold annually

Local Market Trend (CV22)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +7.1%
5 year growth: +15.0%
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

Ashlawn Road, Hillmorton, Rugby CV22
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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
£1,492
Based on a loan of £296,250 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

Price History

-3.6% since listed
£395,000£14,950(-3.6%)
15/06/2026
Current price
£409,950Initial listing
12/05/2026

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