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See how verdicts work2-bedroom flat · WS15 1SU
Sold STCListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bairstow Eves are pleased to present this well-appointed two-bedroom top-floor apartment, ideally suited to first-time buyers, located on the popular Hawksyard development in Rugeley.
Offered for sale under Lichfield District Councils discounted market scheme means you can buy 100% of the property at 80% of the value making it a great first step onto the property ladder.
The accommodation briefly comprises a secure communal entrance, entrance hallway, open-plan living/dining kitchen, two bedrooms, and a bathroom.
Additional benefits include an allocated parking space, uPVC double glazing throughout, gas central heating, and an EPC rating of C.
Communal Entrance Accessed via a secure front entrance door with intercom system. The communal area provides individual post boxes and stair access to the top floor.
Hallway A welcoming hallway featuring a generous fitted storage cupboard, radiator, and a uPVC double-glazed window to the rear aspect.
Open Plan Living/Dining/Kitchen A bright and spacious open-plan area.
The living and dining space benefits from uPVC double-glazed windows to the side aspect and uPVC double-glazed French doors opening onto a Juliet balcony.
The kitchen is fitted with a range of wall and base units with roll-top work surfaces and coordinating upstands, an inset stainless-steel sink with drainer, electric oven, gas hob with extractor hood, and space for a freestanding fridge freezer.
There is plumbing for both a dishwasher and washing machine, a cupboard housing the central heating boiler, ceiling light point, and a uPVC double-glazed window to the rear offering stunning views.
Bedroom One Featuring a ceiling light point, radiator, and a uPVC double-glazed window to the front aspect.
Bedroom Two Also benefiting from a ceiling light point, radiator, and a uPVC double-glazed window to the front aspect.
Bathroom Comprising a bath with mains-powered overhead shower, pedestal wash hand basin with tiled splashback, and a close-coupled WC.
Finished with part-tiled walls, radiator, extractor fan, ceiling light point, and a uPVC double-glazed window to the rear aspect. Outside The property benefits from an allocated parking space.
Lease Details - the property is LEASEHOLD with approximately 990 years remaining There is an annual ground rent charge of £150.00 There is an annual Service charge of £1,200 which covers maintenance of the communal areas, communal lighting and the buildings insurance Discounted Market Scheme - Lichfield District Council offers a Discount Market Sale (DMS) scheme to help eligible residents purchase homes that would otherwise be unaffordable on the open market.
This scheme allows individuals to buy a property at a discounted price, making homeownership more accessible.
Key aspects of the scheme: Eligibility: The scheme is designed for residents who need affordable housing and meet specific criteria set by the council.
Discounted Price: Purchasers acquire properties at a price lower than the open market value, making them more affordable.
Homeownership: The scheme supports residents in achieving their homeownership goals. Local Connection: Often, priority is given to individuals with a local connection to Lichfield District.
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 Langley Way, Hawksyard, Rugeley, Staffordshire, WS15
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