3 Bed Detached House, Refurb/BRRR, Stoke-on-Trent, ST9 0EG, £230,000

Armshead Road, Werrington, Staffordshire Moorlands, ST9 0EG - 2 views - a year ago

Sold STC
Refurb/BRRR
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£97.5K - £284K
Sold Prices/m²£1.3K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£222,090

 

 

End Value (After Refurb)

£237,828

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Refurb Costs

£38,000

Bridging Loan Interest

£6,038

Total Cash In

£111,388

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£237,828

Mortgage (After Refinance)

£178,371

Mortgage LTV

75%

Cash Released

£5,871

Cash Left In

£105,517

Equity

£59,457

Rent Range

£485 - £1,150

Rent Estimate

£831

Running Costs/mo

£929

Cashflow/mo

£-98

Cashflow/yr

£-1,181

Gross Yield

4%

Local Sold Prices

50 sold prices from £97.5K to £284K, average is £190K. £1.3K/m² to £3.5K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£225K02/230.04 mi22, Park Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EB3
£170K07/230.09 mi14, Park Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EB3
£230K04/210.13 mi20, Rownall Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JB3
£196K09/210.14 mi26, Rownall Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JB3
£185K01/240.16 mi50, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JE3
£230K08/220.16 mi44, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JE3
£167K05/210.19 mi3, James Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0DZ3
£225K01/240.19 mi43, James Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0DZ3
£220K11/230.19 mi11, James Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0DZ3
£210K03/210.25 mi47, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JF3
£212K07/210.25 mi49, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JF3
£180K04/230.25 mi56, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JF3
£220K09/230.25 mi18, Johnstone Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0DY3
£103K09/230.25 mi39, Johnstone Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0DY3
£225K06/230.29 mi11, Southlowe Road, Werrington, Stoke-on-trent, Staffordshire ST9 0HR3
£245K01/210.29 mi33, Sandy Hill, Werrington, Stoke-on-trent, Staffordshire ST9 0ET3
£160K07/210.31 mi15, Mount Close, Werrington, Stoke-on-trent, Staffordshire ST9 0EJ3
£250K08/220.34 mi1, Hill Village Road, Werrington, Stoke-on-trent, Staffordshire ST9 0DP3
£240K11/230.37 mi8, Oak Mount Road, Werrington, Stoke-on-trent, Staffordshire ST9 0BZ3
£174.5K03/240.37 mi125, Armshead Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EL3
£250K05/210.37 mi123, Armshead Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EL3
£97.5K05/210.44 mi12, Matlock Avenue, Dawley, Telford, Wrekin TF4 2DH3
£195K01/240.45 mi1, Milford Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0EZ3
£188K06/210.45 mi8, Milford Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0EZ3
£171K07/210.45 mi20, Haven Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0EY3
£200K12/220.47 mi12, Brentwood Drive, Werrington, Stoke-on-trent, Staffordshire ST9 0DW3
£174K11/200.47 mi58, Moss Park Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0EU3
£168.8K06/210.48 mi22, Alan Dale, Werrington, Stoke-on-trent, Staffordshire ST9 0EN3
£160K12/200.48 mi29, Whitmore Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0LW3
£167K05/210.48 mi11, Whitmore Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0LW3
£197.5K06/230.5 mi22, Brentwood Drive, Werrington, Stoke-on-trent, Staffordshire ST9 0DW3
£190K10/200.5 mi22, Kaydor Close, Werrington, Stoke-on-trent, Staffordshire ST9 0NA3
£171K10/230.51 mi349, Ash Bank Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JR3
£120K05/210.51 mi7, Stonehouse Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0LD3
£120K05/210.52 mi7, Stonehouse Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0LD3
£165K06/210.52 mi9, Salters Close, Werrington, Stoke-on-trent, Staffordshire ST9 0DB3
£284K02/230.53 mi54, Moss Park Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0EP3
£190K11/220.53 mi37, Moss Park Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0EP3
£190K09/210.55 mi31, Cotehill Road, Werrington, Stoke-on-trent, Staffordshire ST9 0LN3
£185K07/230.55 mi18, Cotehill Road, Werrington, Stoke-on-trent, Staffordshire ST9 0LN3
£140K07/210.59 mi21, Washerwall Lane, Werrington, Stoke-on-trent, Staffordshire ST9 0JU3
£152K04/210.59 mi33, Washerwall Lane, Werrington, Stoke-on-trent, Staffordshire ST9 0JU3
£238K10/210.6 mi54, Heath Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0HU3
£280K08/230.6 mi64, Heath Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0HU3
£220K08/230.64 mi17, Wilton Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0HZ3
£230K09/220.65 mi33, Quarry Close, Werrington, Stoke-on-trent, Staffordshire ST9 0LA3
£168K05/210.66 mi17, Wetley Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0HY3
£265K06/210.66 mi26, Wetley Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0HY3
£205K09/210.67 mi3, Quarry Close, Werrington, Stoke-on-trent, Staffordshire ST9 0LA3
£120K12/210.7 mi3, Cellarhead Road, Werrington, Stoke-on-trent, Staffordshire ST9 0DH3

Local Rents

32 rents from £485/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£89512/240.45 mi-2
£1,15009/240.55 miCotehill Road, Werrington, Stoke-on-Trent, ST93
£85009/240.56 miCotehill Road, Werrington, Stoke-On-Trent, ST92
£80009/240.7 miMoss Park Avenue, Werrington, Stoke-on-Trent, Staffordshire, ST92
£89509/241.72 miBrookhouse Lane, Stoke-on-Trent, Staffordshire, ST22
£82511/241.88 mi-3
£82512/241.88 mi-3
£95009/242.07 miGladwyn Street, Bucknall , Stoke-on-Trent3
£85009/242.08 miGlenfield Way, Bentilee3
£69509/242.08 mi-2
£85009/242.11 mi-3
£79509/242.13 miWinchester Avenue, Stoke-On-Trent, ST23
£89511/242.13 mi-3
£87502/252.18 mi-2
£99509/242.18 miFernlea Grove, Longton3
£82509/242.18 miCambrian Way, Bucknall, Stoke-on-Trent, ST22
£90002/252.19 mi-3
£99509/242.24 miWeston road3
£84003/252.28 mi-3
£68509/242.28 miChapel Street, Bucknall2
£85003/252.28 mi-2
£87511/242.29 mi-3
£83002/252.3 mi-3
£95007/242.31 mi-3
£85009/242.31 miAylesbury Road, Bentilee3
£48509/242.32 miWerrington Road, Bucknall1
£69509/242.36 miWerrington Road, Bucknall, Stoke-on-Trent ST22
£82509/242.39 miUplands Road, Stoke-On-Trent3
£75003/252.4 mi-2
£85008/242.41 mi-3
£82504/252.42 mi-3
£79509/242.42 miUplands Road, Stoke-on-Trent2

Local Area Statistics

Population in ST9

11,933

Population in Stoke-on-Trent

347,755

Town centre distance

3.35 miles away

Nearest school

0.50 miles away

Nearest train station

3.47 miles away

 

 

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+24%

Property History

Listed for £230,000

May 22, 2024

Description

  • EPC Rated C +
  • Detached home +
  • Requires modernisation +
  • Spacious lounge +
  • Downstairs W/C +
  • Stunning countryside views +
  • Ample off road parking +
  • Sought after location +
  • Close to local aminities +
  • Viewing advised +

Take a look at this ideal family home on Armshead Road, Werrington, Staffordshire Moorlands. This three bedroom detached home is perfect for any growing family looking to make a house a home. Internally you will be greeted by a convenient porch before a welcoming entrance hallway with archway to the dining area. The spacious lounge has French doors opening out onto the laid to lawn garden. The kitchen has a range of wall and base fitted units and offers beautiful field views. A convenient downstairs W/C and access to the garage finishes this floor off. There are three bedrooms, all with carpet flooring and a family bathroom to the first floor. The far-reaching views are stunning, and ideal for gazing out over the moorlands. There is a driveway offering ample off road parking to the front of the property and a garage. Don't miss out on this fantastic home, call today for an early viewing today.

Agent Details

Feeney Estate Agents, Werrington

01728 443998

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪