Southwells says ..
**NEW PRICE** **INVESTMENT PROPERTY**3 ONE BEDROOM APARTMENTS**
Property Oracle says ..
This property on Sheep Fair in Rugeley, Staffordshire, is listed for £249,950 and is described as an investment property comprising three one-bedroom apartments. The location is relatively convenient, with proximity to a train station and several well-regarded primary schools. However, the condition of the property needs significant work. The interior images reveal dated features, particularly in the kitchen and bathrooms. The images do show some areas that have been updated, such as a modern kitchen in one of the apartments, however this does not negate the need for significant work. The property includes a small garden. The price point necessitates a thorough assessment of potential renovation costs against expected rental income to determine its viability as a profitable investment. The lack of square footage information hinders a comprehensive assessment of value compared to local averages. Further due diligence is needed before a fully informed decision can be made.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 3
- 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
- 337,143.00 £Increased by 33.99 %
- Average area rental value
- 825.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.94 %Decreased by 25.19 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Southwells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Churchfield Cofe Primary Academy | Academy Converter | Requires improvement | 0.46 KM |
| Chancel Primary School | Community School | Good | 0.54 KM |
| St Joseph'S Catholic Primary School | Voluntary Aided School | Good | 1.00 KM |
| Forest Hills Primary School | Academy Sponsor Led | 1.13 KM | |
| The Hart School | Academy Sponsor Led | Good | 1.29 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Vineyard Court | £ 0 | 0 | 0.00 KM |
| Western Springs Road | £ 0 | 0 | 0.00 KM |
| Taylor's Lane | £ 0 | 0 | 0.00 KM |
| A460 | £ 0 | 0 | 0.00 KM |
| Penny Bank Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rugeley Town | 1135 | RGT | 0.71 KM |
| Rugeley Trent Valley | 1084 | RGL | 1.43 KM |
| Hednesford | 1148 | HNF | 8.94 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Sheep Fair, Rugeley, WS15 2AT | £ 249,950 | BUY | 5 / 10 | 0.00 KM |
| Sheep Fair, Rugeley | £ 200,000 | BUY | 6 / 10 | 0.04 KM |
| Sheep Fair | £ 450,000 | BUY | 7 / 10 | 0.10 KM |
| Lion Street, WS15 2AJ | £ 235,000 | BUY | 7 / 10 | 0.11 KM |
| Lion Street, Rugeley | £ 109,995 | BUY | 5 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 Sheep Fair | £ 213,500 | 0.04 KM |
| 38 Lion Street | £ 82,000 | 0.11 KM |
| 44 Lion Street | £ 127,000 | 0.11 KM |
| 32 Lion Street | £ 215,000 | 0.11 KM |
| 3 Lion Street | £ 149,995 | 0.11 KM |