3 Bed Bungalow, Refurb/BRRR, Rugeley, WS15 2LA, £349,950

Sandy Lane, Rugeley, Staffordshire, WS15 2LA - 4 months ago

Sold STC
Refurb/BRRR
~313 m²
+30 photos

ValuationUndervalued

Sold Prices£110K - £410K
Sold Prices/m²£1.3K/m² - £4.1K/m²

 

 

Square Metres

~313.26 m²
Price/m²£1.1K/m²

Value Estimate

£360,449
BMV3%

 

 

End Value (After Refurb)

£642,455

Uplift in Value

+84%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,488

Stamp Duty & Legal Fees

£16,696

Refurb Costs

£123,260

Bridging Loan Interest

£9,186

Total Cash In

£238,380

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£642,455

Agent Fees (1%)

£6,425

Bridging Loan

£262,463

Bridging Loan Interest

£9,186

Flip Profit

£135,188

Local Sold Prices

50 sold prices from £110K to £410K, average is £185K. £1.3K/m² to £4.1K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£219.9K03/210.09 mi12, Hill Street, Rugeley, Staffordshire WS15 2JB3
£170K05/230.25 mi20, Brereton Road, Brereton, Rugeley, Staffordshire WS15 1DW3
£147.5K12/200.26 mi87, Arch Street, Rugeley, Staffordshire WS15 2JU3
£155K05/210.26 mi81, Arch Street, Rugeley, Staffordshire WS15 2JU3
£180K03/210.26 mi40, Cross Road, Rugeley, Staffordshire WS15 2JF3
£150K09/210.28 mi31, Arch Street, Rugeley, Staffordshire WS15 1DL3
£170K02/230.28 mi70, Arch Street, Brereton, Rugeley, Staffordshire WS15 1DL3
£185K12/220.29 mi34, Armitage Road, Brereton, Rugeley, Staffordshire WS15 1DE3
£140K09/210.29 mi4, Sankey Crescent, Rugeley, Staffordshire WS15 1PA3
£175K02/230.29 mi61, Newman Grove, Brereton, Rugeley, Staffordshire WS15 1BW3
£155K10/230.3 mi71, Newman Grove, Brereton, Rugeley, Staffordshire WS15 1BW3
£215K09/210.3 mi67, Heron Street, Rugeley, Staffordshire WS15 2DZ3
£199.9K07/210.3 mi29, Brereton Road, Rugeley, Staffordshire WS15 1DN3
£225K09/230.3 mi27, Brereton Road, Brereton, Rugeley, Staffordshire WS15 1DN3
£220K12/220.31 mi132, Burnthill Lane, Rugeley, Staffordshire WS15 2HZ3
£200K10/230.31 mi17, Lion Street, Rugeley, Staffordshire WS15 2AJ3
£220K01/230.33 mi14, St Anthonys Close, Rugeley, Staffordshire WS15 2EA3
£230K05/210.34 mi33, Lockside View, Rugeley, Staffordshire WS15 1NJ3
£230K09/210.34 mi21, Lockside View, Rugeley, Staffordshire WS15 1NJ3
£235K01/240.34 mi11, Lockside View, Brereton, Rugeley, Staffordshire WS15 1NJ3
£150K10/210.34 mi31, Hagley Road, Rugeley, Staffordshire WS15 2AL3
£325K10/230.34 mi6, Hagley Road, Rugeley, Staffordshire WS15 2AL3
£190K09/230.34 mi36, Hagley Road, Rugeley, Staffordshire WS15 2AL3
£185K04/240.34 mi67, Hagley Road, Rugeley, Staffordshire WS15 2AL3
£153K09/230.34 mi5, Hagley Road, Rugeley, Staffordshire WS15 2AL3
£112K02/210.36 mi29, Newman Grove, Rugeley, Staffordshire WS15 1BN3
£125K02/230.36 mi24, Queensway, Rugeley, Staffordshire WS15 1NN3
£208K10/230.36 mi33, Attlee Crescent, Brereton, Rugeley, Staffordshire WS15 1BP3
£195K04/230.36 mi27, Attlee Crescent, Brereton, Rugeley, Staffordshire WS15 1BP3
£245K05/240.37 mi22, Market Street, Rugeley, Staffordshire WS15 2JJ3
£162K09/210.38 mi62, Green Lane, Rugeley, Staffordshire WS15 2AP3
£307K10/230.38 mi13, Green Lane, Rugeley, Staffordshire WS15 2AP3
£135K05/210.38 mi56, Green Lane, Rugeley, Staffordshire WS15 2AP3
£145K11/200.38 mi54, Green Lane, Rugeley, Staffordshire WS15 2AP3
£120K11/200.41 mi39, Queensway, Rugeley, Staffordshire WS15 1NW3
£130K05/230.41 mi45, Queensway, Rugeley, Staffordshire WS15 1NW3
£138K06/210.41 mi62, Queensway, Rugeley, Staffordshire WS15 1NW3
£110K03/230.41 mi56, Queensway, Rugeley, Staffordshire WS15 1NW3
£140K03/230.41 mi8, Hislop Road, Rugeley, Staffordshire WS15 1LS3
£262.5K01/230.42 mi9, Bridgewater Road, Brereton, Rugeley, Staffordshire WS15 1EG3
£198K04/210.42 mi4, Windsor Close, Rugeley, Staffordshire WS15 2DB3
£222.5K11/210.42 mi28, Bush Drive, Rugeley, Staffordshire WS15 2AQ3
£270K08/230.42 mi24, Bush Drive, Rugeley, Staffordshire WS15 2AQ3
£143K08/210.43 mi6, Hislop Road, Rugeley, Staffordshire WS15 1LS3
£410K01/210.45 mi6, Church Street, Rugeley, Staffordshire WS15 2AB3
£294K11/200.45 mi50, Fortescue Lane, Rugeley, Staffordshire WS15 2AE3
£165K11/210.47 mi79, Coulthwaite Way, Rugeley, Staffordshire WS15 1SJ3
£185K03/240.47 mi113, Brereton Road, Brereton, Rugeley, Staffordshire WS15 1DP3
£179.5K10/210.47 mi22, Watkiss Drive, Rugeley, Staffordshire WS15 2PN3
£198K06/210.47 mi4, Watkiss Drive, Rugeley, Staffordshire WS15 2PN3

Local Rents

25 rents from £520/mo to £2.8K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£67011/240.19 miSandy Lane, Rugeley. Staffordshire1
£85011/240.19 miSandy Lane, Rugeley2
£52011/240.21 mi-1
£80011/240.23 miHindley View, Rugeley2
£72511/240.23 miHindley View, RUGELEY2
£65001/250.26 mi-1
£52511/240.26 miAlbion Street, Rugeley, Staffordshire1
£75011/240.28 miArch Street, Rugeley3
£72510/240.38 mi-1
£56011/240.47 mi-1
£1,50011/240.5 miBurnthill Lane, Rugeley, WS15 2HW5
£69511/240.55 mi-2
£75011/240.56 miCoulthwaite Way, Rugeley, WS152
£70011/240.65 mi-2
£95011/240.68 miBlakeley Close, Rugeley3
£89511/240.71 miEaton Drive, Rugeley3
£1,50011/240.74 miCanterbury Drive, Rugeley4
£95011/240.83 miMoss Green, Rugeley, WS15 2NU3
£2,81111/240.88 mi-2
£72511/240.99 miLeasowe Road , Rugeley 3
£70011/241.27 miLangley Way, Hawksyard, Rugeley, WS15 1SU2
£99511/241.39 miCanon Lane, Rugeley, Staffordshire3
£1,90011/242.25 miUpper Way, Upper Longdon, Rugeley, Staffordshire, WS154
£1,20011/242.32 miUttoxeter Road, Hill Ridware3
£65011/242.42 miUttoxeter Road, Rugeley, Staffordshire, WS151

Local Area Statistics

Population in WS15

36,610

Town centre distance

1.30 miles away

Nearest school

0.50 miles away

Nearest train station

0.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+177%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £349,950

September 7, 2024

Floor Plans

Description

THREE BEDROOM DETACHED BUNGALOW GARAGE **

This charming three-bedroom detached bungalow, set on a generous plot, offers versatile living space with ample opportunity for improvement. On entry you'll find a entrance hallway leading to a welcoming lounge with large aspect windows and a feature fireplace. A conservatory opens onto the patio, perfect for enjoying the spacious grounds. The well-equipped, refitted kitchen and a convenient utility porch complete the living space, along with a guest cloakroom.

The latter half of the bungalow hosts three well-proportioned bedrooms and a family bathroom with a modern suite. Throughout, the bungalow benefits from UPVC double glazing and gas central heating, with the added convenience of loft access and a garage featuring an electric door to front

While already comfortable, this detached bungalow presents exciting opportunities for improvement and personalisation to the frontage, with two rooms and shower room perfect for renovation.

Externally, the property benefits from a gated entry, leading to a large driveway with room for several vehicles.

Viewing by appointment only.

Entrance Hallway - With a UPVC double glazed window to the front elevation, central heating radiator, smoke alarm, timber glazed front entry door leading into, internal glass panel doors lead to:

Two Storey Store - To the front elevation of the home is a two storey, split-level component to the property, which offer great potential for further improvement. The lower ground level has: a UPVC door to the front elevation with two adjoining UPVC double glazed frosted units, space for freestanding and under counter white goods, base level storage cupboards with preparation work surfaces, electric meter and hot and cold water supply. Internal door leads to:

Shower Room - Having a three-piece shower room suite comprising low level WC, pedestal wash hand basin, shower cubicle with electric shower over and tiling to wall coverings and extractor fan.

Upper Floor Store - With a UPVC double glazed window to the front elevation.

Main Home: -

Lounge - With UPVC double glazed window to the front elevation and a further UPVC double glazed unit to the side elevation with secondary glaze, three central heating radiators, TV aerial point and focal point electric feature fireplace, internal glass panel doors lead to:

Conservatory - With UPVC double glazed windows to both side, front and elevations and UPVC double glazed French doors lead to the rear patio.

Cloaks/Wc - With UPVC double glazed frosted glass window to the side elevation, complementary tiling to both floor and wall coverings, low level WC, overhead storage space housing the electrical consumer unit, central heating radiator and floating wash hand basin with chrome tap fittings.

Kitchen/Diner - With a UPVC double glazed window to the side elevation, the refitted kitchen features a range of matching base and eye level storage cupboards and drawers with wood block effect top preparation work surfaces. Integrated appliances include a one and a half stainless steel sink and drainer with mixer tap, oven, grill, space and plumbing for freestanding and under counter white goods, TV aerial point, central heating radiator, spot lighting to ceiling and internal door leading to:

Utility Porch - With UPVC double glazed side door leading to the side patio, 2x UPVC double glazed windows to both front and side elevations, ceramic tiled flooring throughout, central heating radiator, plumbing space for appliances and undercounter white goods with a wood block effect roll top preparation works surface and central heating combination gas boiler.

Inner Hallway - With access into loft space via loft hatch, central heating radiator, built-in utilities cupboard, internal doors leading to:

Bedroom One - With a UPVC double glazed window to the side elevation with secondary glaze, central heating radiator and TV aerial point.

Bedroom Two - With UPVC double glazed window to the side elevation with secondary glaze, central heating radiator and TV aerial point.

Bedroom Three - With a UPVC double glazed window to the side elevation, central heating radiator and fibre connection.

Bathroom - With a UPVC double glazed frosted glass window to the side elevation, featuring a three-piece bathroom suite comprising of low level WC, pedestal wash hand basin with mixer tap, P shaped bath unit with curved glass screen and waterfall shower head, complementary tiling to both floor and wall coverings, heated towel radiator, extractor fan and spot lighting to ceiling.

Garage - With electric up and over door to front elevation.

Agent Details

Abode, Staffordshire & Derbyshire

03330 431558

Next Steps?

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