Property Summary
- Area Sq ft: 10,850 sq ft
Property Description
30-Bed Care Home on 0.9 Acres – High-Potential Development Opportunity in RugbyFraser Bond is pleased to present Jim Gillespie House, a substantial 30-bedroom former care home located on Dunchurch Road in Rugby, offering a rare large-scale redevelopment opportunity.
Extending to approximately 10,850 sq ft (1,008 sq m) across a generous 0.9-acre site, the property is currently configured as a residential care facility (C2 use), with extensive accommodation including ensuite bedrooms, communal areas, and operational facilities.
The property is offered with vacant possession, providing immediate flexibility for investors and developers to implement a chosen strategy. Its scale, layout, and established use make it particularly suitable for continued care provision or conversion to alternative residential uses, subject to planning.
Positioned within a well-connected area close to key amenities, transport links, and healthcare facilities, the site benefits from strong underlying demand and excellent accessibility.
Price
£740,000 (Auction Guide Price)
Key Features
Former 30-bedroom care home (C2 use)
Approx. 10,850 sq ft (1,008 sq m)
Approx. 0.906-acre site
Vacant possession
Multiple ensuite rooms
Communal lounges and office space
Located on Dunchurch Road (A426)
Close to Hospital of St Cross
Potential for change of use (STP)
Suitable for care, HMO, or residential redevelopment
Size: 10,850 sq ft / 0.9 acres
Location Description
Rugby is a well-established Warwickshire town with excellent transport links, including direct rail services to London and access to the M6 and M1 motorways. The property is located on Dunchurch Road, a प्रमुख route providing connectivity and visibility.
The surrounding area offers a mix of residential housing, schools, healthcare facilities, and retail amenities, supporting strong demand for both residential and care-related uses.
Investment Angle
This asset represents a high-margin, multi-strategy investment opportunity:
Large 0.9-acre site with redevelopment potential
Existing C2 use ideal for supported living or care operators
Opportunity for residential conversion (STP)
Vacant possession allows immediate implementation
Strong local demand supports rental and resale values
For further details, auction pack, or to arrange a viewing, contact Fraser Bond today.
Large-scale care home opportunities with this level of flexibility and land value are increasingly rare — early engagement is strongly advised.
















