2-bedroom flat · WS15 1BF
Listing removedListed 81 days
Opportunity summary
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About
Chase Owl are pleased to market this two double bedroom ground floor apartment. Being ideal for First Time Buyers/Investors, close to local amenities and transport links.
Having Entrance Hallway, Open Plan Lounge to Breakfast Kitchen, Two Double Bedrooms and Bathroom. Allocated Parking and Communal Gardens.
Communal Hallway Approached from communal front entrance door and apartment is located on the ground floor.
Entrance Hallway Approached from front entrance door and having two ceiling light points, two radiators and useful storage cupboard. Communal telephone.
Lounge To Open Plan Kitchen (4.80m x 3.91m (15'9" x 12'10")) Having two ceiling light points, two radiators, useful storage cupboard and two upvc double glazed windows to front aspect.
Open plan to Kitchen.
Fitted Kitchen (3.45m x 1.60m (11'4" x 5'3")) Being fitted with a range of wall and base mounted units with work surfaces over, incorporating inset stainless steel sink with drainer, mixer tap and tiled splash.
Built in electric oven with gas hob and extractor hood over, space with plumbing for washing machine and further appliance space.
Inset ceiling lights, wall mounted combination boiler and tiled flooring. Bedroom One (4.37m x 3.05m (14'4" x 10'0")) Having ceiling light point, radiator and upvc double glazed window to rear aspect.
Bedroom Two (3.25m x 3.10m (10'8" x 10'2")) Having ceiling light point, radiator, built in wardrobes and upvc double glazed window to front aspect.
Bathroom Comprising panelled bath with shower over and screen, w.c and pedestal hand wash basin. Inset ceiling lights, radiator, extractor fan, tiled flooring and part tiling to walls.
Upvc double glazed window to rear aspect. Outside The property having one allocated parking space and extra visitor parking spaces. Communal Gardens and bin store.
Agents Note The property is leasehold and we have been advised by the seller that there are 105 years remaining on the lease.
There is a Ground rent payment of £150 annually There is a service charge of approx £1,500 annually which covers the maintenance of communal areas 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
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FAQ
About 21, Glovers Hill Court, Rugeley
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