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Market House, Maiden Street, Stratton

South West

£100,000
Listed on 25/03/2025

Property Details

Bedrooms
1
Type
Flat
Area
538 sqft

Description

This first-floor one-bedroom apartment is situated in the desirable village of Stratton, presenting a unique opportunity for renovation or investment. While the property requires modernization throughout, it offers a blank canvas for those looking to create a personalized living space or enhance its value as an investment. The layout includes a kitchen, living room, bedroom, and bathroom, providing essential accommodation. The apartment's location in a sought-after village community adds to its appeal, making it an attractive option for first-time buyers or investors targeting rental opportunities. Additionally, the absence of an onward chain simplifies the purchase process, allowing for quicker transactions. Given the rising interest in the area and its amenities, this property holds significant potential for appreciation with the right updates. Local attractions and conveniences are within easy reach, positioning this apartment as an ideal base for enjoying village life while also offering potential for growth. The property falls under Council Tax Band A, making it a financially appealing choice as well.

Investment Analysis

(EX23 area)

Below Market Value

This property is priced -47.0% below area average per sq ft

-47.0%
Potential saving
This Property
£186/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£207,663
10% above area average per sq ft
Potential ROI
+66.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX23)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -2.0%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on EX23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Market House, Maiden Street, Stratton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE