Old Road, Armitage, Rugeley
CO

Old Road, Armitage, Rugeley

By Connells

£ 390,000

Reviews

3 out of 5 stars

Connells says ..

**NO ONWARD CHAIN** **VERY SPECIAL PURPOSE BUILT DETACHED BUNGALOW LOCATED IN A MUCH SOUGHT AFTER AREA OF ARMITAGE & HANDSACRE** **SUBJECT TO PLANNING PERMISSION THIS COULD BE PERFECT FOR DEVELOPERS** **INCREDIBLY SPACIOUS PROPERTY, EVERY ROOM IS A SUPER SIZE** *A REAL MUST VISIT TO BE APPRECIATED*

Property Oracle says ..

This property in Armitage, Staffordshire presents a unique opportunity but requires careful consideration. Situated in a desirable village setting with good schools and reasonable access to transportation links, the location offers a desirable lifestyle. However, the property itself is in need of substantial modernisation. The interior finishes are dated and require updating across all rooms. The kitchen and bathrooms specifically need complete renovations.

The sizeable garden, as shown in the aerial photographs, is a substantial asset. The significant green space is significantly larger than many nearby properties and could be a key selling point for buyers looking for space. The large plot of land, mature trees and outbuildings add to the property’s value.

The list price of £390,000 requires careful evaluation. Whilst the location and generous land are premium aspects, the significant renovation cost must be factored in. Comparable properties in the area, while lacking detailed square footage information, appear to be generally lower in price, with many well below the list price, suggesting the potential for negotiation. A comprehensive survey and detailed costings for renovations are crucial before committing to a purchase.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
4
Bathrooms
3

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
65,000.00 £
Decreased by 67.00 %
from 196,998.00 £
Average area rental value
725.00 £/mo
Increased by 21.44 %
from 597.00 £/mo
Est rental Yield
13.38 %
Increased by 267.58 %
from 3.64 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Hayes Meadow Primary SchoolCommunity SchoolGood1.24 KM
The Croft Primary SchoolCommunity SchoolGood1.48 KM
Henry Chadwick Primary SchoolAcademy Converter1.75 KM
St James Church Of England Primary AcademyAcademy ConverterGood2.00 KM
Longdon Hall SchoolOther Independent Special SchoolOutstanding2.38 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Meadow Way £ 000.00 KM
Eliot Close £ 370,00000.00 KM
B5014 £ 000.00 KM
Proctors Road £ 000.00 KM
Ridware Road £ 1,471,65000.00 KM

Nearby Transport

NameNLCTLCDistance
Rugeley Trent Valley1084RGL6.97 KM
Rugeley Town1135RGT7.20 KM
Lichfield City1177LIC8.76 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ford Way, Rugeley, WS15 £ 280,000BUY7 / 100.05 KM
Ford Way, Rugeley £ 275,000BUY6 / 100.10 KM
Ford Way, Handsacre £ 275,000BUYUnknown0.12 KM
New Road, Armitage £ 400,000BUY5 / 100.21 KM
Far Lady Croft, Armitage, Rugeley, WS15 £ 220,000BUY6 / 100.22 KM

Nearby Properties

AddressPriceDistance
58 Old Road £ 205,0000.00 KM
64 Old Road £ 160,0000.00 KM
72 Old Road £ 165,0000.00 KM
56 Old Road £ 173,0000.00 KM
62 Old Road £ 160,0000.00 KM