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Common Lane, Bednall, ST17

West Midlands

£475,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Located in the desirable village of Bednall, this property represents a significant opportunity for developers looking to create multiple residential units. With granted planning permission (reference 23/00424/FUL) for the conversion of the existing barn into four distinct dwellings, including one standalone barn and three interconnected homes, this site offers considerable investment potential. The strategic location allows easy access to major routes such as the A34 and M6, facilitating efficient commuting to nearby towns including Stafford, Cannock, and Penkridge. The property is complemented by generous outdoor space, which can be transformed into attractive landscaped areas with designated parking for future residents. This project is poised to not only provide housing but also enhance the local community's charm and functionality. Documentation and development plans are readily available for review.

Investment Analysis

(ST17 area)
Area Average
£266/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
86%
Properties sold annually

Local Market Trend (ST17)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +1.2%
5 year growth: +23.2%
Investment Disclaimer: Analysis based on ST17 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

Common Lane, Bednall, ST17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% 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.

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