2-bedroom flat · WS15 4ET
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMNALL PROPERTIES - STAR BUY - NO CHAIN - Very nicely presented first floor apartment with two double bedrooms, large living room, kitchen, bathroom and garden.
Really must be viewed to appreciate the aspect and size. FRONT OF THE PROPERTY Gate leading to a garden, laid to lawn. PORCH HALL/STUDY Good size hall and could easily be used as an office space.
Window side facing, radiator and inset ceiling lights. STAIRS TO THE FIRST FLOOR LANDING Having a radiator, ceiling light and access to the loft.
LIVING ROOM 4.90m x 3.09m Lovely bright room having two windows rear facing, 2 radiators, 2 ceiling lights.
KITCHEN 2.18m x 3.45m Having a window rear facing, base and wall units in pine, radiator and single sink. BEDROOM ONE 3.10m x 3.31m Window front facing, radiator and ceiling light.
BEDROOM TWO 2.49m x 3.74m Window rear facing, large fitted wardrobes with mirror doors, radiator and ceiling light.
FAMILY BATHROOM 1.42m x 2.27m Having frosted window front facing, wash hand basin and w.c. in white, electric shower above the bath, walls part tiled, radiator and ceiling light.
Tenure - We understand the property is Leasehold 1.MONEY LAUNDERING REGULATIONS - Buyer Identity Verification Fee: In line with the Money Laundering Regulations 2007, all estate agents are legally required to carry out identity checks on buyers as part of their due diligence.
As agents acting on behalf of the seller, we are required to verify the identity of all purchasers once an offer has been accepted, subject to contract.
We carry out this check using a secure electronic verification system, which is not a credit check and will not affect your credit rating.
A non-refundable administration fee of £25 + VAT (£30 including VAT) per buyer applies for this service. By proceeding with your offer, you agree to this identity verification being undertaken.
A record of the search will be securely retained within the electronic property file. 2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Sumnall Properties has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
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 St Luke's Walk, Handsacre, Rugeley, Staffordshire
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