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Buy to Sell

Freehold Block - Rugeley West Midlands - Apartment

£ 155,000

Added: 28/11/2025

Key financials

GDV£255,000

Profit£87,650

ROCE52%

Purchase £ £12,350

Property description

Strategy: Buy to Sell

Large apartment complex containing 12 Flats. All leasehold flats were sold on 25 December 1978 on 99 year leases. 47 years remaining. Leaseholders have a right to buy in first instance but no interest yet. Good for collection of ground rents of approximately £600 p/a per property*

This freehold offers multiple income streams and a significant long-term uplift. The buyer wouldn’t just receive the service charge and ground rent income — they’d also have first refusal on all 12 short-lease flats as they come up for sale, giving them a strong opportunity to grow their portfolio. Even if they don’t purchase every flat, they’ll still benefit from the lease-extension premiums each time a leaseholder extends.

For further information, please get in touch.

Sourced reference: 869377115954384

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Sales Agent

Marcello Cipriani

Sol Cipriani Limited

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Location

Disclaimer

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.

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Key financials

GDV£255,000

Profit£87,650

ROCE52%

Purchase £ £12,350

Sales Agent

Marcello Cipriani

Sol Cipriani Limited

Smart support to move your deal forward

Review the numbers

We've pre-crunched the figures for you.

Fund it right

Explore investor friendly mortgages and funding options tailored to your goals.

Find Finance

Line up management

Find a trusted property management company to help keep your investment running smoothly.

Find Management

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