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Speedy Close, Cannock

West Midlands

£170,000
Listed on 02/12/2025

Property Details

Bedrooms
1
Type
Semi-detached house

Description

This semi-detached bungalow presents a significant opportunity for investment or renovation, situated on an expansive corner plot in a tranquil cul-de-sac. The property features one spacious bedroom along with essential living spaces, including a hallway, living room, kitchen, and shower room. While the home requires modernisation, its layout allows for potential reconfiguration to enhance functionality and style. The extensive gated rear garden and ample off-road parking add to the appeal, making it suitable for further improvements or extensions (subject to planning). The property's prime location offers convenient access to local amenities and transport links, ideal for those looking to create their dream home or capitalize on rental opportunities.

Investment Analysis

(WS11 area)
Area Average
£249/sq ft
Avg Rent (weekly)
£208
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (WS11)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 6.1%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on WS11 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

Speedy Close, Cannock
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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
£623
Based on a loan of £127,500 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