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See how verdicts work2-bedroom flat · WS15 2JP
Listing removedListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chase Owl are pleased to market this two bedroom first floor maisonette.
Being located in the town centre so walking distance to local amenities, transport links and being ideal for first time buyers or investors. OFFERED WITH NO UPWARD CHAIN.
Having Communal Entrance to Entrance Hallway, Lounge and Fitted Kitchen. Landing to Two Bedrooms and Bathroom. Allocated Parking and Communal Garden.
Communal Hallway - Having a secure locking system with visitors intercom. Stairs to Maisonette.
Entrance Hallway - Approached from front entrance door and having ceiling light point, electric wall heater and stairs to First Floor Landing.
Lounge - 4.04m x 3.38m (13'3" x 11'1") - Having ceiling light point, wall mounted electric heater, walk in cupboard, coving and window to front aspect.
Fitted Kitchen - 2.97m x 2.39m (9'9" x 7'10") - Being fitted with a range of wall and base mounted units with work surfaces over, incorporating inset stainless steel sink with drainer and splash.
Built in electric oven with hob and extractor over, washing machine and further appliance space. Ceiling light point, extractor fan and window to front aspect.
First Floor Landing - Approached from stairs in Hallway and having ceiling light point, loft access and airing cupboard housing hot water cylinder.
Bedroom One - 4.11m x 2.79m (13'6" x 9'2") - Having ceiling light point, wall mounted electric heater, walk in cupboard which has the fire exit door and window to front aspect.
Bedroom Two - 2.95m x 2.36m (9'8" x 7'9") - Having ceiling light point, wall mounted electric heater and window to front aspect.
Bathroom - Comprising panelled bath with shower over and screen, pedestal hand wash basin and w.c. Ceiling light point, extractor fan, part tiling to walls and wall heater.
Outside - The property having allocated parking, communal gardens and bin store.
Agents Note - The property is Leasehold with currently approx 67 years remaining on the lease.( started June 1994) and the vendor will sell with this lease for £110,000.
If the potential purchaser would like the lease extended to 157 years the vendor will agree a sale at £115,000 Service Charge £96.00 per month, includes building insurance.
Agents Notes - We have not tested any of the electrical, central heating or sanitary ware appliances. Purchasers should make their own investigations as to the workings of the relevant items.
Floor plans are for identification purposes only and not to scale. All room measurements quoted in these sales particulars are approximate.
Fixtures and Fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded.
However we would always advise that this is confirmed by the purchaser at the point of offer.
Money Laundering; Any purchasers will be asked to produce identification documents and proof of funding before instruction of Solicitors.
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 Forge Road, Rugeley
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