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Tenterbanks, Stafford, ST16

West Midlands

£145,000
Listed on 07/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
698 sqft

Description

Nestled in the heart of Stafford, this two-bedroom mid-terrace property on Tenterbanks presents a promising opportunity for renovation and investment. Surrounded by the vibrant amenities of the town centre, including shops, cafés, and restaurants, as well as close proximity to Victoria Park and the mainline train station, this location is ideal for those who appreciate both convenience and community living. The property offers a blank canvas that invites creativity; it comes with no upward chain, making it particularly appealing to first-time buyers or investors looking to capitalize on its potential. The interior features an entrance hall leading into a spacious open-plan living and dining area, providing ample room for reconfiguration. The kitchen at the rear offers a functional space that could benefit from modern upgrades. On the first floor, you will find two generously sized double bedrooms, with additional storage in the master. The family bathroom is equipped with both a bath and a separate shower cubicle but could be refreshed to enhance its appeal. Outside, the low-maintenance rear garden consists primarily of paving, offering practicality for relaxation without extensive upkeep. This property is situated in one of Stafford's most sought-after central locations and holds excellent potential for value enhancement through renovation.

Investment Analysis

(ST16 area)

Below Market Value

This property is priced -16.8% below area average per sq ft

-16.8%
Potential saving
This Property
£208/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£191,758
10% above area average per sq ft
Potential ROI
+12.8%
After renovation
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
12%
Properties sold annually

Local Market Trend (ST16)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 9.9%
5 year growth: 25.6%
Investment Disclaimer: Analysis based on ST16 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

Tenterbanks, Stafford, ST16
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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
£531
Based on a loan of £108,750 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