# 2 bedroom apartment for sale (ST16 2JW) ## Property Details | Key | Value | |-----|-------| | Address | Malt Mill Lane, Stafford, ST16, ST16 2JW | | Price | £175,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | D | | Last sold | £185,000 | ## Description Attention INVESTORS - This turnkey apartment delivers a solid rental yield in excess of 6% — ready to earn from day one. Luxury town centre living, with a lift to all floors and secure underground parking...there is no other development like this in town, so this really is a unique opportunity to have a totally different style of living! This stunning apartment offers spacious room proportions and is finished to an ultra high specification and sits in the heart of the vibrant town centre of Stafford, bursting with a comprehensive range of shops and amenities, close to the train station. The accommodation comprises a private entrance hall, two good sized bedrooms with built in wardrobes, a super stylish family bathroom and a large, bright, open plan family kitchen diner with solid granite work surfaces which provides a superb living & entertaining space. What's more, there is a lift providing access as well as the communal stairways, whilst the apartment even boasts an allocated parking space in the secure underground car park. This really is a luxurious property and offers a low maintenance lifestyle change, so book in a closer inspection today! EPC Rating: C ## Property Photos - ![Photo 24](/listings/photos/89835189/715048) - Photo 24 - ![Living Kitchen Diner](/listings/photos/89835189/715049) - Living Kitchen Diner - ![Living Area](/listings/photos/89835189/715050) - Living Area - ![Kitchen Diner](/listings/photos/89835189/715051) - Kitchen Diner - ![Kitchen](/listings/photos/89835189/715052) - Kitchen - ![Master Bedroom](/listings/photos/89835189/715053) - Master Bedroom - ![Bedroom Two](/listings/photos/89835189/715054) - Bedroom Two - ![Bathroom](/listings/photos/89835189/715055) - Bathroom - ![Communal Hallway](/listings/photos/89835189/715056) - Communal Hallway - ![Secure Underground Parking](/listings/photos/89835189/715057) - Secure Underground Parking - ![Private Hallway](/listings/photos/89835189/715058) - Private Hallway - ![Open Plan Living Kitchen Diner](/listings/photos/89835189/715059) - Open Plan Living Kitchen Diner - ![Open Plan Living Kitchen Diner](/listings/photos/89835189/715060) - Open Plan Living Kitchen Diner - ![Master Bedroom](/listings/photos/89835189/715061) - Master Bedroom - ![Master Bedroom](/listings/photos/89835189/715062) - Master Bedroom - ![Bedroom Two](/listings/photos/89835189/715063) - Bedroom Two - ![Communal Hallway](/listings/photos/89835189/715064) - Communal Hallway - ![Communal Hallway](/listings/photos/89835189/715065) - Communal Hallway - ![Lift](/listings/photos/89835189/715066) - Lift - ![Secure Underground Parking](/listings/photos/89835189/715067) - Secure Underground Parking - ![Secure Underground Parking](/listings/photos/89835189/715068) - Secure Underground Parking - ![Photo 21](/listings/photos/89835189/715069) - Photo 21 - ![Photo 22](/listings/photos/89835189/715070) - Photo 22 - ![Photo 23](/listings/photos/89835189/715071) - Photo 23 ## Floorplans - ![Floorplan 1](/listings/photos/89835189/715072) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/89835189/715073) - 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 | |---------|-------|------|------| | [Same street] THE MALT MILL 7 MALT MILL LANE, STAFFORD, STAFFORDSHIRE, ST16 2JW | £110,000 | 17/04/2025 | Flat | | [Same street] THE MALT MILL 11 MALT MILL LANE, STAFFORD, STAFFORDSHIRE, ST16 2JW | £149,000 | 16/12/2022 | Flat | | BRITANNIA HOUSE FLAT 21 EASTGATE STREET, STAFFORD, STAFFORDSHIRE, ST16 2NS | £135,000 | 25/03/2022 | Flat | | BRITANNIA HOUSE FLAT 29 EASTGATE STREET, STAFFORD, STAFFORDSHIRE, ST16 2NS | £140,000 | 28/10/2021 | Flat | | BRITANNIA HOUSE FLAT 30 EASTGATE STREET, STAFFORD, STAFFORDSHIRE, ST16 2NS | £110,000 | 25/06/2021 | Flat | **Street average:** £129,500 (2 sales) **Area average:** £128,333 (3 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £138,077 (13 Flat, ST16, 2024–2026) - **Deviation:** +26.7% ## 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:** 0.51% (weak for cashflow) - **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:** -26.8% - **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)