2-bedroom flat · WS15 2JP
Listing removedReduced £5k (−5%) on 21 JunListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** no chain ** cash buyers only due to short lease ** town centre location ** two bedrooms ** second floor apartment ** 67 year lease ** close to amenities ** off street parking ** viewing advised ** Webbs Estate Agents are pleased to market this two bedroom, second floor apartment, located in a popular area of Rugeley Town Centre on Forge Mews.
Viewing of the property is advised to appreciate the size and space on offer. Due to it's low lease, the property is aimed at cash buyers only.
The property is located close to amenities, schools, useful transport links and much more!
The internal accommodation briefly comprises; entrance hallway, living dining room, kitchen, two bedrooms and bathroom.
Hallway Living Dining Room (5.79m x 3.02m (19'0 x 9'11)) Kitchen (2.79m x 1.83m (9'2 x 6'0)) Bedroom 1 (3.38m x 3.25m (11'1 x 10'8 )) Bedroom 2 (2.41m x 2.82m (7'11 x 9'3)) Bathroom (1.93m x 1.68m (6'4 x 5'6)) Agents Note Please note that ground rent and service charge details are not currently available, and prospective purchasers are advised to make the necessary enquiries prior to arranging a viewing or proceeding with a purchase.
Services and appliances have not been tested Identification Checks (R) Should a purchaser(s) have an offer accepted on a property marketed by Webbs Estate Agents they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £45.00 inc. VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
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 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
Agent & docs
FAQ
About 7 Forge Mews, Forge Road, Rugeley
Explore nearby
.png){kind=logo}
