Edward Knight Estate Agents says ..

Property Oracle says ..

The property located on Newbold Road in Rugby is a three-bedroom semi-detached house listed at £200,000. The property requires modernisation throughout. The interior decor is dated and tired, and the property would benefit from a complete refurbishment to bring it up to modern standards. The garden is overgrown and needs attention.

The location is reasonably good. It is within close proximity to several schools, including Riverside Academy and The Avon Valley School and Performing Arts College, both rated ‘Good’ by Ofsted. Rugby train station is also relatively close, providing convenient access to other areas.

Considering the average house price in the area is £264,472 and the average price per square foot is £312, the asking price of £200,000 may seem attractive at first glance. However, the property’s condition and the need for extensive renovations must be factored in. Nearby comparable properties range from £145,000 to £280,000, suggesting the list price is within the range of similar properties in the area. However, without knowing the square footage of the property, a definitive price per square foot comparison cannot be made.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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