We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · CV21 3AB
Listing removedReduced £25k (−7.7%) on 4 JulListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A mature, extended, three/four bedroom, semi detached family home, situated in the ever popular residential area of Hillmorton, close to local amenities, schools for all ages, and recreational facilities whilst still being within easy reach of Rugby town centre and Rugby railway station.
In brief, the accommodation comprises: Entrance hall, family room/downstairs bedroom, lounge/dining room, sunroom, fitted kitchen, and wet room to the ground floor.
To the first floor there are three bedrooms and a family bathroom. Externally, there is an enclosed rear garden, a garage accessed via a service road, and off road for two vehicles.
Accommodation Comprises Entry via partly glazed hardwood door into: Entrance Hall Stairs rising to first floor landing. Understairs storage cupboard. Dado rail. Window to side aspect.
Doors off to Family Room / Bedroom (3.43m x 3.31m (11'3" x 10'10")) Bay window to front aspect. Radiator.
Lounge / Dining Room (6.63m x 3.17 max (21'9" x 10'4" max)) Feature fireplace with living flame gas fire. Two radiators. Service hatch to kitchen.
Sliding patio doors to: Sunroom (3.45m x 2.69m (11'3" x 8'9")) Of brick and glass construction. Fully glazed upvc twin doors to rear garden. Further windows to side aspect. Tiled floor.
Kitchen (5.63m x 1.81m (18'5" x 5'11")) Fitted with a range of base and eye level units with work surface space incorporating a stainless steel sink unit. Electric cooker. Fitted fridge.
Fitted washing machine. Wall mounted central heating boiling. Window to side aspect. Wood laminate floor covering. Radiator. Rear Lobby Double glazed upvc door to side.
Door to: Wet Room Walk in electric shower, wall moutned wash hand basin and low level w.c. Radiator. Extractor fan. Frosted window to side aspect. First Floor Landing Window to side aspect.
Overstairs storage cupboard. Bedroom One (3.55m x 3.24m (11'7" x 10'7")) Window to front aspect. Radiator. Built in wardrobes with central bed cavity.
Bedroom Two (3.66m x 2.81m (12'0" x 9'2")) Window to rear aspect. Radiator. Cupboards/wardrobes to alcoves. Bedroom Three (2.60m x 1.84m (8'6" x 6'0")) Window to rear aspect. Radiator.
Bathroom With suite to comprise; panel bath with mixer shower and shower curtain, pedestal wash hand basin and low level w.c. Radiator. Tiling to walls. Frosted window to side elevation.
Porthole window to front. Front Garden Tarmac driveway providing off road parking for two vehicles. Pathway to entrance. Rear Garden Mainly laid to lawn with patio area and pathway leading to rear.
Flower and shrub borders. Timber shed. External lighting. Cold water tap. Timber fencing to boundaries. Service door to garage. Garage With up and over style door. Service door to garden.
No power connected. Agents Note Council Tax Band: C Energy Efficiency Rating: D
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 22, Richmond Road, Rugby
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