Connells says ..
OPEN HOUSE - Saturday 25th January, contact us for details. Fantastic First Time Buyer/Investment Opportunity / Three Bedroom Ground Floor Maisonette / Or Two Bedroom With Extra Reception Room / Situated In A Sought After Area / Scope For Modernisation / Communual Garden / No Onward Chain ...
Property Oracle says ..
This three-bedroom maisonette in Hillmorton, Rugby, presents a mixed bag of opportunities and challenges. Located in a family-friendly area close to well-regarded primary schools and with reasonable access to Rugby town centre, it offers a potentially attractive proposition for first-time buyers or investors, particularly those seeking a project. The property has the benefit of proximity to the Avanti West Coast train service. However, the condition of the property is a significant factor to consider. The images reveal that the property needs considerable modernisation and renovation throughout. The kitchen and bathroom appear outdated and require upgrading, while the rooms are cluttered, and general cleanliness needs addressing. This needs to be carefully accounted for in any purchase decision. A significant drawback is the lack of private outdoor space or garden, which may limit appeal to families or those seeking outdoor amenities. The property’s price point seems competitive, although the necessary renovation costs will significantly impact the overall investment. A thorough survey is highly recommended before committing to a purchase. Prospective buyers should carefully weigh the cost of renovations against the property’s location and potential for future value appreciation.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 700.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 385,753.00 £Increased by 10.96 %
- Est sale value
- 329,000.00 £Increased by 83.59 %
- Average area rental value
- 1,425.00 £/moIncreased by 4.24 %
- Est letting value
- 700.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.43 %Decreased by 6.14 %
- Crime Rate
- 38.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hillmorton Primary School | Community School | Outstanding | 0.69 KM |
| English Martyrs Catholic Primary School | Voluntary Aided School | Good | 0.72 KM |
| Abbots Farm Junior School | Community School | Outstanding | 1.32 KM |
| Abbots Farm Infant School | Community School | Good | 1.38 KM |
| Ashlawn School | Academy Converter | Outstanding | 1.59 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Mews | £ 130,000 | 0 | 0.00 KM |
| Wigston Road | £ 0 | 0 | 0.00 KM |
| Pine Grove | £ 0 | 0 | 0.00 KM |
| Westwood Road | £ 0 | 0 | 0.00 KM |
| Robbins Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rugby | 1087 | RUG | 4.09 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lever Road, Rugby | £ 130,000 | BUY | 4 / 10 | 0.00 KM |
| Lever Road, Rugby | £ 119,950 | BUY | 5 / 10 | 0.15 KM |
| School Street, Hillmorton, Rugby | £ 200,000 | BUY | Unknown | 0.16 KM |
| Willow Tree Gardens, Hillmorton, Rugby | £ 135,000 | BUY | 6 / 10 | 0.16 KM |
| Wigston Road, Hillmorton | £ 220,000 | BUY | 6 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Lever Road | £ 112,500 | 0.00 KM |
| 6 School Gardens | £ 132,000 | 0.08 KM |
| 10 School Gardens | £ 154,950 | 0.08 KM |
| 9 School Gardens | £ 140,000 | 0.08 KM |
| 5 School Gardens | £ 192,000 | 0.09 KM |