2 Bed Terraced House, Single Let, Stoke-on-Trent, ST1 5JG, £75,000

54 Rutland Street, Stoke-on-trent, Stoke-on-trent, ST1 5JG - 2 views - a year ago

Sold STC
Auction
BTL
ROI: 12%
59 m²
+8 photos

ValuationOvervalued

Sold Prices£36K - £165K
Sold Prices/m²£488/m² - £2.8K/m²

 

 

Square Metres

59 m²
Price/m²£1.3K/m²

Value Estimate

£58,300

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£540 - £3,850

Rent Estimate

£589

Running Costs/mo

£372

Cashflow/mo

£217

Cashflow/yr

£2,602

ROI

12%

Gross Yield

9%

Local Sold Prices

52 sold prices from £36K to £165K, average is £70K. £488/m² to £2.8K/m², average is £988/m².

PriceDateDistanceAddressBeds 
£50K11/200 mi19, Rutland Street, Stoke-on-trent ST1 5JG2
£62.5K03/210 mi35, Rutland Street, Stoke-on-trent ST1 5JG2
£55K12/230 mi43, Rutland Street, Stoke-on-trent ST1 5JG2
£59K11/200.03 mi58, Lowther Street, Stoke-on-trent ST1 5JF2
£65K12/200.05 mi27, Lowther Street, Stoke-on-trent ST1 5JE2
£45K01/240.07 mi91, Portland Street, Stoke-on-trent ST1 5DR2
£62.6K07/210.07 mi11, Portland Street, Stoke-on-trent ST1 5HZ2
£47.5K10/210.08 mi29, Denbigh Street, Stoke-on-trent ST1 5JA2
£100K06/210.1 mi4, Shaw Street, Stoke-on-trent ST1 5JN2
£61K01/210.1 mi59, Winifred Street, Stoke-on-trent ST1 5DN2
£70K05/210.12 mi10, Windermere Street, Stoke-on-trent ST1 5EL2
£60K02/240.12 mi10, Windermere Street, Stoke-on-trent ST1 5EL2
£75K02/230.12 mi19, Windermere Street, Stoke-on-trent ST1 5EL2
£40K04/210.15 mi409, Waterloo Road, Stoke-on-trent ST1 5DT2
£73K06/230.17 mi48, Derwent Street, Stoke-on-trent ST1 5EN2
£110K07/210.24 mi17, Boundary Street, Stoke-on-trent ST1 5BA2
£140K07/230.26 mi18, Festival Close, Stoke-on-trent ST6 3LG2
£60K01/210.32 mi169, Lower Bryan Street, Stoke-on-trent ST1 5AT2
£100K02/210.37 mi15, Bowlers Close, Stoke-on-trent ST6 3LR2
£60K02/210.38 mi3, Furnival Street, Stoke-on-trent ST6 2PD2
£70K10/210.4 mi18, Hillary Street, Stoke-on-trent ST6 2PG2
£95K04/230.5 mi32, Sandon Street, Stoke-on-trent ST1 4BJ2
£84.5K03/230.5 mi20, Sandon Street, Stoke-on-trent ST1 4BJ2
£100K01/230.51 mi29, Cavendish Street, Stoke-on-trent ST1 4BH2
£70K03/210.55 mi9, Arbour Street, Stoke-on-trent ST1 2HF2
£113K06/230.55 mi284, Etruria Vale Road, Stoke-on-trent ST1 4BL2
£69.4K11/210.55 mi18, Sefton Street, Stoke-on-trent ST1 4BQ2
£90K04/230.55 mi16, Sefton Street, Stoke-on-trent ST1 4BQ2
£72.5K11/200.58 mi195, Sneyd Street, Stoke-on-trent ST6 2NU2
£82K04/210.59 mi40, Festing Street, Stoke-on-trent ST1 2JA2
£60K11/230.59 mi48, Festing Street, Stoke-on-trent ST1 2JA2
£60K11/230.59 mi48, Festing Street, Stoke-on-trent ST1 2JA2
£110K10/200.6 mi6, Pebble Mill Street, Stoke-on-trent ST1 5RG2
£62K01/210.61 mi37, Festing Street, Stoke-on-trent ST1 2HY2
£112K05/230.61 mi178, Town Road, Stoke-on-trent ST1 2LD2
£124K12/230.64 mi15, Dilke Street, Stoke-on-trent ST1 2LJ2
£93K06/230.67 mi53, Free Trade Street, Stoke-on-trent ST1 2EF2
£64K06/230.67 mi2, Garth Street, Stoke-on-trent ST1 2DA2
£64K06/230.67 mi2, Garth Street, Stoke-on-trent ST1 2DA2
£85K12/210.68 mi270, Sneyd Street, Stoke-on-trent ST6 2NP2
£165K11/220.68 mi178, Birches Head Road, Stoke-on-trent ST1 6LN2
£91.5K02/210.69 mi67, Barnfield Road, Stoke-on-trent ST6 3DG2
£63K08/210.69 mi79, North Road, Stoke-on-trent ST6 2DN2
£51K11/200.69 mi55, Mynors Street, Stoke-on-trent ST1 2DH2
£57K11/200.69 mi65, Mynors Street, Stoke-on-trent ST1 2DH2
£65K12/200.7 mi58, Davison Street, Stoke-on-trent ST6 2EX2
£108K05/210.7 mi18, Timmis Street, Stoke-on-trent ST1 4JY2
£70K07/230.7 mi61, Merrick Street, Stoke-on-trent ST1 2LN2
£40K03/230.71 mi48, Whitmore Street, Stoke-on-trent ST1 4JT2
£36K12/200.71 mi37, Ladysmith Road, Stoke-on-trent ST1 4BY2
£85K09/230.71 mi21, Ladysmith Road, Stoke-on-trent ST1 4BY2
£105K08/210.71 mi33, Dyke Street, Stoke-on-trent ST1 2DF2

Local Rents

34 rents from £540/mo to £3.9K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£60009/240.02 miRutland Street, Stoke-On-Trent2
£58511/240.03 mi-2
£54012/240.03 mi-2
£54012/240.03 mi-2
£2,30001/240.04 mi-2
£65002/250.04 mi-2
£56001/250.07 mi-2
£69509/240.07 miDenbigh Street, ST12
£60002/250.07 mi-2
£69501/250.08 mi-2
£65009/240.1 miCentury Street, Hanley, Stoke-on-Trent, ST12
£58003/250.1 mi-2
£70012/240.11 mi-2
£65009/240.11 mi-2
£72503/250.12 mi-2
£85004/250.2 mi-2
£1,00004/250.24 mi-2
£3,85004/250.24 mi-2
£1,20003/250.28 mi-2
£80009/240.3 miHenry Dunn Avenue, Hanley, Stoke-on-Trent, ST12
£75004/250.41 mi-2
£72501/250.48 mi-2
£72501/250.48 mi-2
£69504/250.49 mi-2
£79509/240.51 miGrove Street; Hanley; ST62
£90004/250.57 mi-2
£67504/250.58 mi-2
£65009/240.59 mi-2
£98009/240.61 miClayworks, Hanley2
£1,01509/240.61 miClayworks, Hanley2
£90009/240.61 miClayworks, Hanley2
£97509/240.61 miClayworks, Hanley2
£89009/240.61 miClayworks, Hanley2
£93009/240.61 miClayworks, Hanley2

Local Area Statistics

Population in ST1

29,532

Population in Stoke-on-Trent

347,755

Town centre distance

1.27 miles away

Nearest school

0.20 miles away

Nearest train station

1.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £75,000

March 20, 2024

Sold for £31,000

2003

Floor Plans

Description

  • Buy-It-Now Option Available +
  • Being Sold By GOTO Online Auction +
  • Buyer’S Fees Apply +
  • Lounge & Fitted Kitchen-Diner +
  • Two Double Bedrooms +
  • Modern Family Bathroom +
  • Upvc D.G & Gas Central Heating +
  • Popular & Convenient Location +
  • VIEWING ESSENTIAL! +

The Property
A lovely property offering a blend of convenience and modern comfort. Boasting a popular location within Staffordshire, this home provides easy access to local amenities, schools, and transport links.

The property features two double bedrooms to the first floor and the ground floor has a lounge, a fitted kitchen-diner and a modern bathroom furthermost. The property benefits from recently fitted uPVC double glazed windows and gas central heating throughout.

With its welcoming presentation, this property offers an ideal space for family living or investment purposes. Please book your viewing appointment via the brochure...

Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £80,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks

General Information
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sorted.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT and a Legal Pack fee of £372 including VAT (this is subject to a minimum amount of £6,600 including VAT and a Legal Pack Fee of £372 including VAT). This secures the transaction and takes the property off the market.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Stoke-on-Trent

020 3909 0326

Next Steps?

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