Modern Method of Auction
Auction date not yet published
2-bedroom terraced house · ST16 2EE
Sold STCListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Castle View, Stafford – Two Bedroom Terraced House Offering an exciting opportunity for buyers looking to put their own stamp on a characterful period home, this two-bedroom terraced property on Castle View, Stafford is in need of refurbishment but offers excellent potential to be restored to its former glory.
The property provides surprisingly generous accommodation, with approximately 1,202 sq. Ft. Of floor space shown on the floor plan, including a useful cellar.
On the ground floor, the accommodation comprises an entrance hall, lounge, separate dining room and kitchen.
The two reception rooms provide plenty of scope for creating attractive and comfortable living spaces, while the kitchen overlooks the rear.
Upstairs are two well-proportioned bedrooms together with a particularly spacious first-floor bathroom.
The property retains a number of traditional features and proportions which could be incorporated into a sympathetic renovation.
Externally, there is an enclosed rear garden which is currently overgrown and offers considerable potential for landscaping and improvement.
A cellar provides additional storage space and further adds to the character and versatility of the property.
Ideally suited to renovators, investors or buyers searching for a project, this is a property where the potential is easy to see and where a thoughtful refurbishment could make a substantial difference.
Key Features • Two-bedroom period terraced house • In need of comprehensive refurbishment • Excellent opportunity to restore to its former glory • Two separate reception rooms • Generously sized first-floor bathroom • Separate kitchen • Useful cellar • Enclosed rear garden • Approximately 1,202 sq.
Ft.
Shown on the floor plan • Excellent potential for investors, renovators or owner-occupiers This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 7, Castle View, Staffordshire
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