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Hatherton Road, Cannock

West Midlands

£700,000

Listed on 12/06/2026

Property Details

Bedrooms
4
Type
Detached

Description

This traditional detached residence offers a promising investment opportunity nestled on a sought-after road. While the home requires some cosmetic upgrades, it is accompanied by an enticing plot of land at the rear, which has already secured planning permission for the construction of two detached bungalows, each featuring garages and designated parking spaces. The existing property consists of ample living space, including a porch, entrance hall, dual reception rooms, a kitchen with a separate utility area, a ground floor shower room, four bedrooms, and a family bathroom. Notably, the garage will need to be removed to facilitate access to the new building plots, with plans in place to construct a new garage at the rear. With potential returns from both renovations on the main house and development of the bungalows, this property is ideal for investors looking to capitalize on its redevelopment potential.

Investment Analysis

(WS11 area)
Area Average
£255/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (WS11)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +3.7%
5 year growth: +14.2%
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

Hatherton Road, Cannock
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,645
Based on a loan of £525,000 over 30 years at 4.45% 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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