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New Street, Stafford, Staffordshire ST16 - Image 1
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New Street, Stafford, Staffordshire ST16

West Midlands

£90,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
690 sqft

Description

This first-floor apartment offers a promising chance for both first-time buyers and savvy investors, with the advantage of no onward chain. Equipped with gas central heating and double glazing, the property has solid foundations but would benefit from some modern updates to unlock its full potential. The layout includes a hallway featuring storage cupboards, two spacious double bedrooms, a bathroom, a kitchen ready for enhancement, and a living area that provides ample space for relaxation. Outside, there's a front lawn area along with a communal outdoor washing facility. This property presents great value for those looking to invest or create their ideal home environment in the West Midlands.

Investment Analysis

(ST16 area)

Below Market Value

This property is priced -47.8% below area average per sq ft

-47.8%
Potential saving
This Property
£130/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
£189,560
10% above area average per sq ft
Potential ROI
+64.8%
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

New Street, Stafford, Staffordshire 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
£330
Based on a loan of £67,500 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