2 Bed Terraced House, Single Let, Stoke-on-Trent, ST3 6DG, £85,000

18 Kingsley Street, Stoke-on-trent, Stoke-on-trent, ST3 6DG - 4 views - 10 months ago

Under Offer
BTL
ROI: 10%
~77 m²
+11 photos

ValuationUndervalued

Sold Prices£50K - £255K
Sold Prices/m²£794/m² - £3.1K/m²

 

 

Square Metres

~77.40 m²
Price/m²£1.1K/m²

Value Estimate

£102,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Total Cash In

£25,000

 

 

Cash Out

 

Rent Range

£480 - £1,100

Rent Estimate

£613

Running Costs/mo

£408

Cashflow/mo

£205

Cashflow/yr

£2,457

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £50K to £255K, average is £120K. £794/m² to £3.1K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£90K01/230 mi36, Kingsley Street, Stoke-on-trent ST3 6DG2
£73K04/210.02 mi47, Woodgate Street, Stoke-on-trent ST3 6BS2
£71K10/210.07 mi102, Stanton Road, Stoke-on-trent ST3 6DF2
£89.5K03/230.07 mi52, Stanton Road, Stoke-on-trent ST3 6DF2
£89.5K08/230.18 mi24, Meir View, Stoke-on-trent ST3 6AH2
£85K12/230.19 mi9, Cornelious Street, Stoke-on-trent ST3 6AF2
£135K06/230.19 mi10, George Avenue, Stoke-on-trent ST3 6DQ2
£140K11/210.23 mi27, Mollison Road, Stoke-on-trent ST3 7AG2
£86K04/210.24 mi16, Broadway, Stoke-on-trent ST3 5PF2
£120K04/230.25 mi23, Brookwood Drive, Stoke-on-trent ST3 6JD2
£139.9K12/210.26 mi48, Gibson Place, Stoke-on-trent ST3 5PQ2
£118K10/230.27 mi15, Gibson Place, Stoke-on-trent ST3 5PQ2
£120K05/230.27 mi7, Gibson Place, Stoke-on-trent ST3 5PQ2
£110K03/230.27 mi24, Gibson Place, Stoke-on-trent ST3 5PQ2
£125K06/230.3 mi4, Ednam Place, Stoke-on-trent ST3 7BA2
£132K05/230.3 mi22, Lombardy Grove, Stoke-on-trent ST3 5PJ2
£130K10/230.31 mi61, Broadway, Stoke-on-trent ST3 5PH2
£50K05/230.31 mi41, Broadway, Stoke-on-trent ST3 5PH2
£87.5K07/210.31 mi33, Broadway, Stoke-on-trent ST3 5PH2
£85K07/210.32 mi18, Redwood Place, Stoke-on-trent ST3 5PU2
£79K07/210.32 mi12, Redwood Place, Stoke-on-trent ST3 5PU2
£122K01/240.33 mi87, Harrowby Road, Stoke-on-trent ST3 7BQ2
£103K12/200.35 mi100, Broadway, Stoke-on-trent ST3 5LG2
£85K07/230.36 mi105, Henderson Grove, Stoke-on-trent ST3 6LJ2
£122K01/210.37 mi54, Edenhurst Avenue, Stoke-on-trent ST3 6HF2
£175K05/230.37 mi32, Edenhurst Avenue, Stoke-on-trent ST3 6HF2
£131K02/230.38 mi145, Broadway, Stoke-on-trent ST3 5PW2
£107.5K02/210.41 mi4, The Wood, Stoke-on-trent ST3 6HS2
£130K05/230.41 mi34, Ryder Road, Stoke-on-trent ST3 7BE2
£92.5K08/210.41 mi16, Ryder Road, Stoke-on-trent ST3 7BE2
£180K03/230.45 mi15, Applewood Crescent, Stoke-on-trent ST3 6HQ2
£115K07/210.45 mi655, Uttoxeter Road, Stoke-on-trent ST3 5PZ2
£150K04/230.48 mi53, Highfield Avenue, Stoke-on-trent ST3 5LZ2
£169K04/210.48 mi29, The Wood, Stoke-on-trent ST3 6HR2
£106K07/240.48 mi23, Silsden Grove, Stoke-on-trent ST3 6RL2
£143K08/240.52 mi1, Anson Road, Stoke-on-trent ST3 7AT2
£120K01/230.52 mi77, Grosvenor Road, Stoke-on-trent ST3 5ND2
£153K09/230.53 mi81, Lansbury Grove, Stoke-on-trent ST3 6JY2
£135K02/210.56 mi19, Martindale Close, Stoke-on-trent ST3 7DZ2
£90K03/240.56 mi615, Uttoxeter Road, Stoke-on-trent ST3 5LT2
£190K02/230.57 mi7, Sprinkwood Grove, Stoke-on-trent ST3 6EQ2
£110K08/210.58 mi22, Myrtle Avenue, Stoke-on-trent, Staffordshire ST3 6NZ2
£160K08/230.58 mi14, Myrtle Avenue, Stoke-on-trent ST3 6NZ2
£158K08/230.58 mi22, Myrtle Avenue, Stoke-on-trent ST3 6NZ2
£120K01/230.62 mi47, Crestfield Road, Stoke-on-trent ST3 5NN2
£127K03/240.63 mi16, Curland Place, Stoke-on-trent ST3 5JL2
£255K05/230.63 mi18, Charminster Road, Stoke-on-trent ST3 7TB2
£155.5K12/230.64 mi1, Grisedale Close, Stoke-on-trent ST3 7RX2
£164K05/230.65 mi35, Axon Crescent, Stoke-on-trent ST3 6PA2
£120K05/230.65 mi46, Axon Crescent, Stoke-on-trent ST3 6PA2

Local Rents

19 rents from £480/mo to £1.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£67509/240.01 mi-2
£67505/240.01 mi-2
£72502/250.01 mi-2
£67509/240.01 miKingsley Street, Stoke-On-Trent, ST32
£62509/240.03 miWoodgate Street, Stoke-on-Trent, Staffordshire, ST32
£75006/230.06 mi-2
£75010/240.25 mi-2
£1,00006/230.25 mi-2
£75008/240.32 mi-2
£48005/230.33 mi-2
£57509/240.33 miBlatchford Close, Meir, Stoke-on-Trent, ST32
£85011/230.36 mi-2
£80009/240.48 miSilsden Grove, ST3 6RL2
£1,00003/250.49 mi-2
£90008/230.49 mi-2
£82509/240.51 miBellerphon Drive, Stoke-on-Trent, ST32
£1,10012/240.52 mi-2
£90012/240.53 mi-2
£72508/230.53 mi-2

Local Area Statistics

Population in ST3

67,688

Population in Stoke-on-Trent

347,755

Town centre distance

4.97 miles away

Nearest school

0.30 miles away

Nearest train station

1.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £85,000

June 4, 2024

Sold for £17,500

2003

Floor Plans

Description

  • NO UPWARD CHAIN +
  • TWO RECEPTION ROOMS +
  • PRIVATE REAR YARD +
  • TWO DOUBLE BEDROOMS +
  • GREAT TRANSPORT LINKS +
  • GREAT INVESTENT PROPERTY +

This charming two-bedroom town house is situated in the heart of Meir, Staffordshire. The property boasts two spacious reception rooms, perfect for entertaining guests or relaxing after a long day. The kitchen is well-equipped with modern appliances and ample storage space. The property also benefits from gas central heating, ensuring a warm and comfortable living environment all year round.

The bedrooms are both generously sized, providing plenty of space for a double bed and additional furniture. The bathroom is modern and well-maintained, featuring a bathtub with shower over, wash basin, and WC.

This property is being sold with no chain, making it an ideal purchase for first-time buyers or investors. With a price tag of just £85,000, this town house represents excellent value for money.

Meir is a popular residential area located in the south of Stoke-on-Trent. The town is well-connected, with easy access to the A50 and A500, providing links to the M6 motorway. The town centre is just a short walk away, offering a range of shops, cafes, and restaurants.

For those who enjoy the great outdoors, Meir is surrounded by beautiful countryside, including the stunning Staffordshire Moorlands. The town is also home to several parks and green spaces, including Meir Park and Hem Heath Woods.

Meir is well-served by public transport, with regular bus services running to nearby towns and cities, including Stoke-on-Trent and Hanley. The town is also home to Meir railway station, providing direct links to Crewe and Derby.

Overall, this town house represents an excellent opportunity to purchase a well-maintained property in a popular residential area. With no chain and a price tag of just £85,000, this property is sure to attract a lot of interest.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Critchlow Estate Agents, Newcastle-under-Lyme

01782 493386

Next Steps?

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