2-bedroom terraced house · WS15 2PY
Sold STCListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Southwells are pleased to bring to the market this well presented two bedroom end terrace property, being sold with a sitting tenant.
With gas central heating and double glazing throughout, two allocated parking spaces and downstairs w/c this property would make an ideal investment, comprising of the following accommodation: Front of property Two allocated parking spaces to the side of property.
Lawn to front, sweeping around to the side. Slabbed path to canopied front door with external storage. UPVC front door into entrance hall. Entrance hall With carpeted flooring.
Light fitting to ceiling. Radiator to wall. Doors to downstairs w/c, kitchen and lounge. Lounge – 13’11” (4.25m) x 11’04” (3.45m) Rear facing window. UPVC door to rear garden. Carpeted flooring.
2x light fitting to ceiling. Radiator to wall. Double doors into kitchen. Kitchen – 12’00” (3.67m) x 7’01” (2.16m) Front facing window. Vinyl flooring. 2x light fitting to ceiling.
Oven with extractor over. ‘Valliant’ gas combi boiler to wall. Range of wall and base units with stainless steel sink and drainer. Radiator to wall. Double doors to lounge.
Downstairs w/c – 6’04” (1.93m) x 2’03” (0.70m) Front facing window with obscured glass. Light fitting and extractor fan to ceiling. Vinyl flooring. Radiator to wall.
White low level toilet and wash basin to wall. Stairs and Landing Carpeted flooring. Wooden handrail and balustrades. Light fitting to ceiling. Loft hatch to ceiling.
Doors off to bedrooms and bathroom. Bedroom One – 13’11” (4.24m) x 8’00” (2.45m) 2x rear facing windows. Carpeted flooring. Light fitting to ceiling. Radiator to wall. Built in wardrobes.
Bedroom Two – 13’11” (4.24m) x 8’00” (2.45m) 2x front facing windows. Carpeted flooring. Light fitting to ceiling. Radiator to wall. Built in storage cupboard.
Bathroom – 6’08” (2.04m) x 7’00” (2.15m) South facing window with obscured glass. Vinyl flooring. Light fitting and extractor fan to ceiling. Part tiled walls. Radiator to wall.
White suite comprising of low level toilet, pedestal sink and panel with shower off mixer taps. Rear garden Well kept fully enclosed rear garden with lawn and patio.
Rent currently being paid by long standing tenant £675pcm Tenure: Freehold Viewings: Strictly through Southwells Council Tax Band: B EPC Rating: C Construction: Standard Brick Construction Electric Supply: Mains Gas Supply: Mains Water Supply: Mains Sewerage: Mains Broadband and mobile coverage: TBC Disclaimer: Southwell’s for themselves and for the vendors or lessors of this property whose agents they are, give notice that i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of an offer or contract.
ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct.
iii) intending purchaser or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspecting or otherwise as to the correctness of each of them.
iiii) no person in the employment of Southwells has any authority to make or give any warranty whatever in relation to this property.
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
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 advisors 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
Agent & docs
FAQ
About Fernwood Drive, Rugeley, WS15 2PY
Explore nearby