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 work2-bedroom flat · WS15 2EL
Listing removedListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Nestled in the charming area of Horse Fair, Rugeley, this delightful flat offers a perfect blend of character and modern living.
Spanning an impressive 893 square feet, the property boasts two well-proportioned bedrooms, making it an ideal choice for couples, small families, or those seeking a comfortable space to call home.
Upon entering, you are welcomed into a spacious reception room that serves as the heart of the apartment.
This inviting area is perfect for relaxation or entertaining guests, providing a warm and homely atmosphere.
The flat features a well-appointed bathroom, ensuring convenience and comfort for its residents.
Built in 1900, this property exudes a sense of history and charm, with period features that add to its appeal.
The location in Rugeley offers a delightful community feel, with local amenities, shops, and parks just a stone's throw away, making it a convenient choice for everyday living.
Whether you are looking to invest in a property with character or seeking a comfortable home in a friendly neighbourhood, this flat in Horse Fair is a wonderful opportunity not to be missed.
With its spacious layout and prime location, it is sure to attract interest from a variety of buyers.
Living Room - 16'10" x 14'3" - This welcoming living room features high ceilings and natural wooden flooring, creating a warm and spacious atmosphere.
A charming fireplace serves as a focal point, flanked by two comfortable leather sofas.
Large windows allow plenty of daylight to fill the room, highlighting the neutral walls and giving the space an inviting feel.
A set of stairs leads down to the main floor, adding architectural interest. Kitchen - 11'2" x 6'2" - The kitchen is designed efficiently with ample countertop space and wooden cabinetry.
It is equipped with essential appliances including a cooker and dishwasher. A small window at the end of the room provides natural light, brightening the tiled splashback and practical work surfaces.
The layout is compact yet functional, ideal for everyday cooking needs.
Bathroom - 11'5" x 6'5" - This bathroom offers a bright and fresh space with a tiled bath surround, a modern white basin fitted into a vanity unit, and a toilet.
The window above the bath allows natural light to stream in, enhancing the neutral tones of the room. The flooring complements the wall tiles, making this a practical and comfortable bathroom.
Bedroom 1 - 7'5" x 13'1" - The first bedroom features a cosy, sloped ceiling with exposed wooden beams that add character. Light carpets and neutral walls create a calm and restful atmosphere.
A large window at the far end brings in natural light, and the room is comfortably furnished with a double bed and a few pieces of bedside furniture.
Bedroom 2 - 9'3" x 18'4" - This spacious bedroom has a high, sloped ceiling with exposed wooden beams that add rustic charm.
The room is carpeted and includes two single beds, with a large window providing plenty of daylight. Neutral walls keep the space bright and airy, making it a comfortable place to relax or sleep.
Hallway - 3'0" x 3'10" - The hallway is a compact area that connects the kitchen, living room, and stairs leading to the first floor.
It is practical and straightforward, providing easy access to the main rooms of the house. Landing - 3'9" x 13'5" - The landing at the top of the stairs provides access to the bedrooms and bathroom.
It is a narrow and practical space with light walls that keep it bright and open.
Front Exterior - The front exterior of the property features a traditional facade with a pathway leading through an overgrown garden area.
The building has a characterful, older style with multiple floors and several windows, suggesting a spacious interior.
Council Tax Band: A Tenure: Leasehold Length of Lease: 47 Annual Ground Rent Amount: 60.00 Annual Service Charge Amount: 3,333.00 Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 3 - 26, Horse Fair, Rugeley
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