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Elms Drive, Hillmorton, Rugby CV22

West Midlands

£285,000

Listed on 06/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1149 sqft

Description

This three-bedroom semi-detached home in Hillmorton presents a prime opportunity for those looking to invest in a property with significant renovation potential. Nestled in a desirable location, the home boasts spacious living areas and a versatile layout suitable for modern family life. With cosmetic updates required throughout, buyers can explore various avenues for improvement or extension (subject to planning permissions), enabling them to tailor the space to their tastes. Approaching the property, you’ll find gated off-road parking leading to a detached garage, as well as a welcoming front garden. The private rear garden is predominantly lawned and features established shrubs along with a patio area ideal for outdoor gatherings. A conservatory adds extra living space while providing picturesque views of the garden. Inside, the house provides ample room for family interaction and entertaining. The entrance hall grants access to a convenient ground floor WC and leads upstairs to three generous bedrooms, including a double with fitted wardrobes and an additional double bedroom overlooking the garden. The third bedroom serves well as a child's room or office space. There’s also potential to update the family bathroom according to personal preferences. The kitchen's layout includes essential base units and overlooks the outdoor space, featuring separate external access points. The connection between spaces is enhanced by sliding doors from the dining area into the conservatory, establishing an easy flow around the ground floor. Ideally located close to reputable schools and local amenities while benefiting from excellent transport connections, this property offers not only comfortable accommodation but also an exciting chance for new owners to create their dream home in one of Rugby's most sought-after neighborhoods.

Investment analysis

(CV22 area)

Below Market Value

This property is priced -18.0% below area average per sq ft

-18.0%
Potential saving
This Property
£248/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£382,519
10% above area average per sq ft
Potential ROI
+17.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CV22)

Area prices are falling by -4.8% over the last 12 months
3 year growth: +1.8%
5 year growth: +7.6%
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

Elms Drive, 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
£1,077
Based on a loan of £213,750 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.

Stamp duty calculator

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