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Rugeley Road, Chase Terrace, Burntwood - Image 1
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Rugeley Road, Chase Terrace, Burntwood

West Midlands

£275,000

Listed on 28/08/2026

The listing

Property details

Bedrooms
2
Type
Detached

Description

Chariot Estates is pleased to present a unique investment opportunity in the form of a charming detached property, currently divided into two self-contained flats. Located on the desirable Rugeley Road in Chase Terrace, Burntwood, this property enjoys excellent access to local amenities and bus routes, making it an attractive option for tenants. This offering comes with no onward chain and is set on a generous plot with ample off-road parking and additional land to the rear. The property has a proven rental history, with both flats consistently let since 2008, showcasing strong demand in the area. Investors will appreciate the potential for capital appreciation and title splitting, as the building is currently held under a single title. This allows for future sales or refinancing of the flats individually, maximizing return on investment. Furthermore, the rear plot offers exciting development possibilities, subject to obtaining necessary planning permissions. While the exterior has been well-maintained with recent rendering completed just 18 months ago, the interiors are in need of a full renovation. This presents a blank canvas for an investor to modernize decor and enhance value. Basic improvements such as roof space ventilation are recommended to ensure optimal airflow throughout the property. With its rich history and significant potential for future growth, this property represents an excellent investment opportunity.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

52out of 100
Grade DWeak opportunity

Confidence: LOW

This charming detached property presents a notable investment opportunity, configured as two self-contained flats, and situated in a desirable location on Rugeley Road. While the asking price of £275,000 is below the local average, indicating a potentially attractive entry point, the internal condition is dated and requires extensive refurbishment throughout. The exterior, however, has been well-maintained, adding to the appeal.

The project offers significant potential for improvement, allowing an investor to modernise interiors, enhance layouts, and capitalise on the strong rental history that the property has maintained over the years. Additionally, the generous plot size opens up opportunities for future development, whether through title splitting or exploring options for expansion at the rear, subject to planning consent. This is a heavy project that demands a substantial renovation budget, but the possibilities it offers could yield impressive returns in the long run.

Key opportunities

  • Extensive internal refurbishment provides a blank canvas for modernisation and layout improvement.
  • Potential for title splitting to maximise returns on the two self-contained flats.
  • Development opportunities at the rear of the property could allow for additional dwellings or extensions.

Key risks

  • Stripped interiors and a £10,000–£50,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Rugeley Road, Chase Terrace, Burntwood
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,039
Based on a loan of £206,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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