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Milton Grove, Stafford

West Midlands

£190,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1012 sqft

Description

Situated in a well-established residential neighborhood of Stafford, this three-bedroom home presents a promising opportunity for those looking to invest or personalize a property with significant renovation potential. The ST17 area is known for its accessibility, offering proximity to local schools, shopping amenities, and excellent transport links, including easy access to the M6 for commuters. The interior layout of the home features a spacious lounge and an ample kitchen that provides flexibility for family dining and entertaining. The kitchen is equipped with essential appliances including a cooker and fridge, along with plumbing for a washing machine. The lounge comes partially furnished and includes multiple electrical outlets—an advantage for modern living—reflecting the previous owner's background as an electrician. Two of the three bedrooms are generously sized double rooms, fully furnished, while the third offers versatility as a cozy single room, enhanced by newly fitted carpeting in one space. One noteworthy aspect of this property is the covered side walkway that functions almost like an internal corridor. This feature grants convenient access to a utility area and WC at the end of the passageway, catering well to busy households. The outdoor space adds substantial value to this property. The rear garden is not only private but also low-maintenance, featuring a mix of decking and paving that allows for easy enjoyment. Additionally, there is a large workshop on-site which could serve various purposes—whether for hobbies, storage needs, or even redevelopment opportunities down the line. Given the expansive outdoor area, there is considerable potential to expand or reimagine the current structure (subject to planning permissions). Further conveniences include on-street parking on this tranquil road and separate toilet and shower facilities inside; these could be reconfigured into one larger bathroom if desired. Overall, this home offers generous living space coupled with flexibility and investment potential in an attractive Stafford location. It represents an intriguing chance for buyers aiming to create their ideal living environment or investors seeking value in a popular area. Early viewings are encouraged to explore all that this distinctive property has to offer.

Investment Analysis

(ST17 area)

Below Market Value

This property is priced -28.7% below area average per sq ft

-28.7%
Potential saving
This Property
£188/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£293,328
10% above area average per sq ft
Potential ROI
+33.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (ST17)

Area prices are rising by +5.6% over the last 12 months
3 year growth: 3.7%
5 year growth: 22.8%
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

Milton Grove, Stafford
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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
£696
Based on a loan of £142,500 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.

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