# 2 bedroom apartment for sale (WS12 4UZ) ## Property Details | Key | Value | |-----|-------| | Address | Violet Close, Huntington, Cannock, WS12 4UZ | | Price | £65,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Last sold | £62,500 | ## Description A fantastic opportunity to acquire a 50% shared ownership interest in this well-presented two-bedroom apartment, ideally located close to a range of local amenities, well-regarded schools, Chase Golf Club and the beautiful Cannock Chase, an Area of Outstanding Natural Beauty. The property offers well-proportioned accommodation throughout and benefits from gas central heating, double glazing, allocated parking and well-maintained communal gardens, making it an excellent choice for first-time buyers looking to step onto the property ladder. Accessed via a secure communal entrance, the accommodation briefly comprises a private entrance hallway, a spacious living room providing ample space for both seating and dining, and a fitted kitchen offering a range of wall and base units with work surfaces and space for everyday appliances. There are two bedrooms, including a generous double bedroom and a good-sized single bedroom, which would also make an ideal home office, nursery or dressing room. The accommodation is completed by a family bathroom fitted with a three-piece suite. Outside, residents can enjoy the communal gardens and the convenience of allocated parking. Ideally situated for both commuters and those who enjoy the outdoors, the property offers excellent access to local shops, schools and transport links, with the A5, M6 and M6 Toll all within easy reach. The nearby Cannock Chase provides an abundance of walking, cycling and leisure opportunities right on the doorstep. Offered on a 50% shared ownership basis, this is a fantastic opportunity to purchase an affordable home in a popular residential location. Early viewing is highly recommended. Monthly Rent - £276.49 (for the share retained by the housing association) Monthly Service Charge - £42.46 Lease Term from new - 99 years Lease Start Date - 1 September 2009 (83 years left) ## Property Photos - ![Photo](/listings/photos/90173706/1345622) - ![Photo](/listings/photos/90173706/1345623) - ![Photo](/listings/photos/90173706/1345624) - ![Photo](/listings/photos/90173706/1345625) - ![Photo](/listings/photos/90173706/1345626) - ![Photo](/listings/photos/90173706/1345627) - ![Photo](/listings/photos/90173706/1345628) - ![Photo](/listings/photos/90173706/1345629) - ![Photo](/listings/photos/90173706/1345630) - ![Photo](/listings/photos/90173706/1345631) - ![Photo](/listings/photos/90173706/1345632) - ![Photo](/listings/photos/90173706/1345633) - ![Photo](/listings/photos/90173706/1345634) - ![Photo](/listings/photos/90173706/1345635) - ![Photo](/listings/photos/90173706/1345636) ## Floorplans - ![Floorplan 1](/listings/photos/90173706/1345637) - Floorplan 1 - ![Floorplan 2](/listings/photos/90173706/1345638) - Floorplan 2 ## EPC Graphs - ![EPC 1](/listings/photos/90173706/1345639) - EPC 1 ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 87 LUPIN DRIVE, HUNTINGTON, CANNOCK, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS12 4US | £48,000 | 22/09/2023 | Flat | | 77 LUPIN DRIVE, HUNTINGTON, CANNOCK, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS12 4US | £60,000 | 25/08/2023 | Flat | | [Same street] 18 VIOLET CLOSE, HUNTINGTON, CANNOCK, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS12 4UZ | £58,000 | 27/01/2023 | Flat | | 73 LUPIN DRIVE, HUNTINGTON, CANNOCK, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS12 4US | £46,000 | 29/11/2022 | Flat | | 49 COLLIERS WAY, HUNTINGTON, CANNOCK, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS12 4UD | £51,000 | 02/11/2022 | Flat | | 59 LUPIN DRIVE, HUNTINGTON, CANNOCK, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS12 4US | £46,000 | 09/09/2022 | Flat | | 81 LUPIN DRIVE, HUNTINGTON, CANNOCK, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS12 4US | £45,000 | 11/10/2021 | Flat | | [Same street] 7 VIOLET CLOSE, HUNTINGTON, CANNOCK, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS12 4UZ | £56,250 | 27/09/2021 | Flat | | 69 LUPIN DRIVE, HUNTINGTON, CANNOCK, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS12 4US | £43,000 | 17/09/2021 | Flat | **Street average:** £57,125 (2 sales) **Area average:** £48,429 (7 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £120,083 (6 Flat, WS12, 2024–2026) - **Deviation:** -45.9% ## Rental Range *ONS Price Index of Private Rents (South Staffordshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £851/mo - **Realistic:** £945/mo - **Optimistic:** £1,040/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Mid Staffs (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £623/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, Stafford Road, WS12 | £895/mo | 2 | 0.32 miles | OpenRent | | 2 Bed Terraced House, Common Walk, WS12 | £1,000/mo | 2 | 0.53 miles | OpenRent | **Average rent: £948/mo (2 listings)** ## 1% Rule - **Rent ratio:** 1.46% (strong) - **Max investor price (0.8%):** £118,500 - **Target investor price (1%):** £94,800 *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 OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £948/mo).* - **Gross yield:** 17.5% - **Cost-to-rent:** 5.7× - **Monthly cashflow:** £572/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 36.4% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 45.2% - **10y growth:** 50.7% ## House Price Index (HM Land Registry) *Official index for South Staffordshire; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** 0.8% - **5y growth (index):** 12% - **10y growth (index):** 41.8% ## 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)