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Rectory Lane, Rugeley WS15

West Midlands

£170,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This mid-terraced bungalow presents a unique opportunity for renovation and investment, perfectly positioned in the desirable area of Armitage along Rectory Lane. With two spacious bedrooms, this property is suitable for individuals looking to create their ideal living space or capitalize on the potential for rental income. The layout features a good-sized breakfast kitchen that opens into a cozy lounge, both of which lend themselves well to modernization efforts. Each bedroom offers ample space, inviting personal touches and updates to suit contemporary tastes. The rear garden provides an additional outdoor area that can be transformed into a private retreat or entertaining space. Location is one of this property's standout features. Situated on a quiet residential street, it offers convenient access to various local amenities including shops, schools, and community facilities. Transport links are also readily available, making commuting easy and enhancing the appeal for future tenants or buyers. While the bungalow requires some updating, this presents an excellent chance for you to add value through renovations that reflect your style and preferences. Whether you’re looking to establish a comfortable home or seeking an investment project in a sought-after neighborhood, this property holds significant potential waiting to be unlocked.

Investment Analysis

(WS15 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£226
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£17,000 - £42,500
10-25% of property value
Monthly Sales
33
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (WS15)

Area prices are rising by +6.0% over the last 12 months
3 year growth: 5.4%
5 year growth: 22.6%
Investment Disclaimer: Analysis based on WS15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Rectory Lane, Rugeley WS15
Map showing location of Rectory Lane, Rugeley WS15
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