3-bedroom terraced house · CV21 3JX
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious three bedroom mid-terraced home offering two reception rooms, fitted kitchen, ground-floor bathroom and enclosed rear garden.
Ideally positioned within walking distance of rugby station and town centre, with gas central heating and excellent potential for cosmetic onward chain.
This spacious three-bedroom mid-terraced home offers well-proportioned accommodation arranged over two floors and occupies a convenient position within easy walking distance of Rugby town centre and Rugby railway station.
Offered for sale with no onward chain, the property provides an excellent opportunity for first-time buyers, investors or purchasers looking for a home they can update and personalise.
The property is set back behind a walled front garden, with an entrance door opening into a traditional hallway with stairs rising to the first floor.
To the front is a generous lounge, featuring an attractive bay window which provides plenty of natural light.
Positioned centrally within the property is a separate dining room/reception room, providing a versatile second living space with ample room for a family dining table and offering excellent potential as an additional sitting or family room.
Beyond the dining room is the fitted kitchen, arranged with a range of wall and base-mounted units, work surfaces, inset sink and cooking facilities.
A door provides access to the rear of the property, whilst beyond the kitchen is the ground-floor family bathroom, fitted with a white suite comprising bath with shower over, wash hand basin and WC.
The first-floor landing provides access to three bedrooms, comprising a particularly generous principal bedroom to the front and two further bedrooms positioned towards the rear.
The layout offers useful flexibility for families, those working from home or buyers looking for additional guest accommodation.
Externally, the property benefits from an enclosed rear garden, initially comprising a courtyard/patio area immediately behind the house before extending into a longer lawned garden.
There is also gated pedestrian access to the rear. On-street parking is available within the surrounding area.
The property further benefits from gas central heating and offers generous accommodation with plenty of potential.
Whilst perfectly serviceable in its current condition, some areas would benefit from cosmetic updating and modernisation, giving the next owner an excellent opportunity to improve the property to their own taste and specification.
Craven Road is particularly well placed for access to a wide range of local shops, amenities and schooling, while Rugby railway station is within walking distance, making the property particularly convenient for commuters.
Rugby provides regular mainline rail services to London Euston in under 50 minutes, together with excellent road links to the M1, M6 and M45 motorway networks.
Room Dimensions: Lounge 3.70m x 3.06m Dining Room 4.05m x 3.14m Kitchen 3.59m x 2.42m Bedroom One 3.65m x 4.08m Bedroom Two 3.95m x 2.50m Bedroom Three 2.43m x 3.60m
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 23, Craven Road, Rugby
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