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Ford Way, Rugeley

West Midlands

£180,000
Listed on 27/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
879 sqft

Description

This two-bedroom detached bungalow presents a substantial opportunity for redevelopment and investment, ideally located near local amenities and transport links. The property is currently in need of comprehensive modernization, with potential structural work identified, particularly regarding the floor joists in both the lounge and main bedroom. An ideal project for those looking to create their dream home or maximize rental potential, this bungalow offers a blank canvas to enhance and refurbish. With auction terms that allow for quick completion, investors can strategically navigate this purchase to optimize the property's value post-renovation.

Investment Analysis

(WS15 area)

Below Market Value

This property is priced -25.9% below area average per sq ft

-25.9%
Potential saving
This Property
£205/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£267,154
10% above area average per sq ft
Potential ROI
+11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (WS15)

Area prices are rising by +8.3% over the last 12 months
3 year growth: 7.7%
5 year growth: 24.2%
Investment Disclaimer: Analysis based on WS15 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

Ford Way, Rugeley
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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
£659
Based on a loan of £135,000 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.

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