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
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Metrics Year-on-Year
- Average area value
- 65,000.00 £Decreased by 67.00 %
- Average area rental value
- 725.00 £/moIncreased by 21.44 %
- Est rental Yield
- 13.38 %Increased by 267.58 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hayes Meadow Primary School | Community School | Good | 1.24 KM |
| The Croft Primary School | Community School | Good | 1.48 KM |
| Henry Chadwick Primary School | Academy Converter | 1.75 KM | |
| St James Church Of England Primary Academy | Academy Converter | Good | 2.00 KM |
| Longdon Hall School | Other Independent Special School | Outstanding | 2.38 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Meadow Way | £ 0 | 0 | 0.00 KM |
| Eliot Close | £ 370,000 | 0 | 0.00 KM |
| B5014 | £ 0 | 0 | 0.00 KM |
| Proctors Road | £ 0 | 0 | 0.00 KM |
| Ridware Road | £ 1,471,650 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rugeley Trent Valley | 1084 | RGL | 6.97 KM |
| Rugeley Town | 1135 | RGT | 7.20 KM |
| Lichfield City | 1177 | LIC | 8.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ford Way, Rugeley, WS15 | £ 280,000 | BUY | 7 / 10 | 0.05 KM |
| Ford Way, Rugeley | £ 275,000 | BUY | 6 / 10 | 0.10 KM |
| Ford Way, Handsacre | £ 275,000 | BUY | Unknown | 0.12 KM |
| New Road, Armitage | £ 400,000 | BUY | 5 / 10 | 0.21 KM |
| Far Lady Croft, Armitage, Rugeley, WS15 | £ 220,000 | BUY | 6 / 10 | 0.22 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 58 Old Road | £ 205,000 | 0.00 KM |
| 64 Old Road | £ 160,000 | 0.00 KM |
| 72 Old Road | £ 165,000 | 0.00 KM |
| 56 Old Road | £ 173,000 | 0.00 KM |
| 62 Old Road | £ 160,000 | 0.00 KM |