# 2 bedroom flat for sale (ST16 3LF) ## Property Details | Key | Value | |-----|-------| | Address | Corporation Street, Stafford, ST16 3LF | | Price | £80,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | ## Description **SUMMARY** ***TWO BEDROOM APARTMENT SITUATED ON THE UPPER FLOOR, BOASTING FITTED KITCHEN AND BATHROOM*** **DESCRIPTION** CONNELLS ESTATE AGENTS are delighted to present for sale this two bedroom upper floor apartment on Corporation Street, Stafford. Ideally located within walking distance of the thriving town centre of Stafford with a range of shops, restaurants and entertainment facilities, this property is also in prime location for commuting with close access to the M6 motorway network and rail links with direct lines to Manchester, Birmingham and London Euston. The property briefly comprises of an Entrance Hallway, Lounge, Fitted Kitchen, Two Bedrooms and Bathroom, whilst boasting remote access to door entrance via App. **Auctioneer's Comments**  This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change. **Entrance Hallway**  Having door access and laminate wood flooring. **Lounge**  Having double glazed window and door onto front balcony. **Kitchen**  Having double glazed window to side, this fitted kitchen offers a range of wall and base units incorporating work surfaces over, oven with induction hob and cooker hood, stainless steel sink and drainer, storage cupboard, tiled walls and laminate wood flooring. **Bedroom One **  Having double glazed window to front. **Bedroom Two**  Having double glazed window to front. **Bathroom**  Having W.C, wash hand basin, bath with shower overhead and tiled walls. We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor. ## Property Photos - ![Photo](/listings/photos/88738299/735567) - ![Photo](/listings/photos/88738299/735568) - ![Photo](/listings/photos/88738299/735569) - ![Photo](/listings/photos/88738299/735570) - ![Photo](/listings/photos/88738299/735571) - ![Photo](/listings/photos/88738299/735572) - ![Photo](/listings/photos/88738299/735573) - ![Photo](/listings/photos/88738299/735574) - ![Photo](/listings/photos/88738299/735575) - ![Photo](/listings/photos/88738299/735576) - ![Photo](/listings/photos/88738299/735577) - ![Photo](/listings/photos/88738299/735579) - ![Photo](/listings/photos/88738299/735580) - ![Photo](/listings/photos/88738299/735582) - ![Photo](/listings/photos/88738299/735584) - ![Photo](/listings/photos/88738299/735586) - ![Photo](/listings/photos/88738299/735587) - ![Photo](/listings/photos/88738299/735589) - ![Photo](/listings/photos/88738299/735590) - ![Photo](/listings/photos/88738299/735592) - ![Photo](/listings/photos/88738299/735594) ## EPC Graphs - ![EPC](/listings/photos/88738299/735596) - EPC ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | PEARL BROOK HOUSE 113 PEARL BROOK AVENUE, STAFFORD, STAFFORDSHIRE, ST16 3WJ | £130,000 | 21/01/2022 | Flat | | PEARL BROOK HOUSE 103 PEARL BROOK AVENUE, STAFFORD, STAFFORDSHIRE, ST16 3WJ | £134,000 | 29/10/2021 | Flat | **Area average:** £132,000 (2 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £138,077 (13 Flat, ST16, 2024–2026) - **Deviation:** -42.1% ## Rental Range *ONS Price Index of Private Rents (Stafford). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £802/mo - **Realistic:** £891/mo - **Optimistic:** £980/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Mid Staffs (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £623/mo ## 1% Rule - **Rent ratio:** 1.11% (strong) - **Max investor price (0.8%):** £111,375 - **Target investor price (1%):** £89,100 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -21.7% - **10y growth:** 38.4% ## House Price Index (HM Land Registry) *Official index for Stafford; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -2.2% - **5y growth (index):** 11.3% - **10y growth (index):** 30.6% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)