ST16 2JW - 2 bed luxury town centre apartment in Malt Mill Lane, ST16…

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2 bedroom flat for sale in Malt Mill Lane, Stafford, ST16

Summary - 11 The Malt Mill, Malt Mill Lane, STAFFORD ST16 2JW

2 bed 1 bath Flat

Turnkey investment with parking and lift, ready to let immediately.
Turnkey two-bedroom converted apartment, high-spec finish
Open-plan kitchen-diner with solid granite worktops
Lift access to all floors and allocated underground parking
Long lease remaining: 116 years; ground rent £108
Advertised rental yield around 7% (investor-focused)
Heating via electric room heaters—likely higher energy costs
Located in town centre near train station and many amenities
Area records high crime and is classed as deprived
This two-bedroom converted apartment in the heart of Stafford town centre offers immediate rental potential and low-maintenance town living. Finished to a high specification, the flat features a bright open-plan kitchen-diner with granite surfaces, a stylish bathroom, and built-in bedroom wardrobes — a turnkey option for buy-to-let investors seeking quick income.

Practical advantages include lift access to all floors, secure underground allocated parking, and a long lease of 116 years with a modest ground rent of £108. The property sits close to the train station and a comprehensive range of high-street amenities, which supports strong tenant demand and convenience for residents.

Buyers should note material drawbacks: the area records high crime levels and is classed as deprived, which can affect lettings and insurance costs. Heating relies on electric room heaters, likely increasing running costs compared with central heating systems. The apartment is leasehold, so buyers must factor in ongoing service charges and ground rent.

Overall this is a well-presented, modern apartment aimed at investors or those wanting low-upkeep central living. It delivers clear rental yield potential (advertised at around 7%) but comes with location-related risks and higher energy running costs to consider before purchase.

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