2 Bed Terraced House, Cash/Bridging Only, Stoke-on-Trent, ST1 6NX, £109,950

Acton Street, Birches Head, Stoke-On-Trent, ST1 6NX - 9 months ago

Sold STC
Cash
ROI: 8%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£64K - £165K
Sold Prices/m²£696/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£86,650

 

 

End Value (After Refurb)

£98,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,488

Stamp Duty & Legal Fees

£6,698

Refurb Costs

£27,600

Bridging Loan Interest

£2,886

Total Cash In

£66,421

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£98,500

Mortgage (After Refinance)

£73,875

Mortgage LTV

75%

Cash Left In

£66,421

Equity

£24,625

Rent Range

£450 - £2,760

Rent Estimate

£977

Running Costs/mo

£523

Cashflow/mo

£454

Cashflow/yr

£5,445

ROI

8%

Gross Yield

11%

Local Sold Prices

52 sold prices from £64K to £165K, average is £95K. £696/m² to £2.8K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£67.5K01/210.03 mi37, Barthomley Road, Stoke-on-trent ST1 6NS2
£100K10/210.03 mi45, Barthomley Road, Stoke-on-trent ST1 6NS2
£109K05/230.03 mi15, Barthomley Road, Stoke-on-trent ST1 6NS2
£125K02/230.05 mi40, Barthomley Road, Stoke-on-trent ST1 6NR2
£81K12/230.05 mi22, Barthomley Road, Stoke-on-trent ST1 6NR2
£106K11/210.06 mi47, Barthomley Road, Stoke-on-trent ST1 6NS2
£105K06/230.07 mi6, Rhodes Street, Stoke-on-trent ST1 2LY2
£105K06/230.07 mi6, Rhodes Street, Stoke-on-trent ST1 2LY2
£105K09/230.07 mi66, Acton Street, Stoke-on-trent ST1 6NU2
£94K01/210.07 mi77, Burnley Street, Stoke-on-trent ST1 6NT2
£91K11/230.07 mi47, Burnley Street, Stoke-on-trent ST1 6NT2
£91K11/230.07 mi47, Burnley Street, Stoke-on-trent ST1 6NT2
£77K06/210.08 mi98, Birches Head Road, Stoke-on-trent ST1 6LJ2
£127K08/230.09 mi107, Moston Street, Stoke-on-trent ST1 2LX2
£64K02/230.09 mi17, Harrop Street, Stoke-on-trent ST1 2NA2
£95K03/230.1 mi164, Chell Street, Stoke-on-trent ST1 6BD2
£90K12/200.11 mi114, Moston Street, Stoke-on-trent ST1 2LT2
£112K11/210.11 mi80, Moston Street, Stoke-on-trent ST1 2LT2
£94K08/210.12 mi74, Barthomley Road, Stoke-on-trent ST1 6NJ2
£72K02/210.12 mi94, Barthomley Road, Stoke-on-trent ST1 6NJ2
£105K04/230.12 mi82, Barthomley Road, Stoke-on-trent ST1 6NJ2
£95K07/210.12 mi10, Chorlton Road, Stoke-on-trent ST1 6NG2
£165K11/220.13 mi178, Birches Head Road, Stoke-on-trent ST1 6LN2
£140K01/230.13 mi25, Cromwell Street, Stoke-on-trent ST1 6NH2
£80K05/210.15 mi7, Boulton Street, Stoke-on-trent ST1 2NQ2
£132K11/210.16 mi7, Northam Road, Stoke-on-trent ST1 6DA2
£100K09/210.16 mi15, Northam Road, Stoke-on-trent ST1 6DA2
£160K01/240.16 mi15, Northam Road, Stoke-on-trent ST1 6DA2
£79K03/210.16 mi64, Oak Street, Stoke-on-trent ST1 2NB2
£96K06/210.16 mi52, Oak Street, Stoke-on-trent ST1 2NB2
£100K07/230.16 mi62, Oak Street, Stoke-on-trent ST1 2NB2
£76.5K12/230.16 mi100, Oak Street, Stoke-on-trent ST1 2NB2
£85K05/240.16 mi88, Oak Street, Stoke-on-trent ST1 2NB2
£80K01/210.16 mi14, Hammersley Street, Stoke-on-trent ST1 6LW2
£154K07/210.16 mi92, Gleneagles Crescent, Stoke-on-trent ST1 6NF2
£117K02/210.17 mi162, Birches Head Road, Stoke-on-trent ST1 6LN2
£70K07/230.18 mi61, Merrick Street, Stoke-on-trent ST1 2LN2
£76K10/200.18 mi37, Campbell Terrace, Stoke-on-trent ST1 6LR2
£92.5K10/210.18 mi19, Campbell Terrace, Stoke-on-trent ST1 6LR2
£100K03/230.18 mi13, Campbell Terrace, Stoke-on-trent ST1 6LR2
£100K09/230.18 mi83, Campbell Terrace, Stoke-on-trent ST1 6LR2
£105K12/230.18 mi137, Birches Head Road, Stoke-on-trent ST1 6ND2
£72.5K04/230.18 mi31, Turner Street, Stoke-on-trent ST1 2ND2
£85.5K02/240.18 mi63, Turner Street, Stoke-on-trent ST1 2ND2
£72K11/200.18 mi137, Birches Head Road, Stoke-on-trent ST1 6ND2
£100K01/230.18 mi81, Campbell Terrace, Stoke-on-trent ST1 6LR2
£95K11/210.18 mi95, Campbell Terrace, Stoke-on-trent ST1 6LR2
£95K12/210.2 mi46, Campbell Terrace, Stoke-on-trent ST1 6LS2
£124K09/230.2 mi2, Campbell Terrace, Stoke-on-trent ST1 6LS2
£65K02/210.2 mi30, Turner Street, Stoke-on-trent ST1 2NF2
£89K06/230.2 mi86, Turner Street, Stoke-on-trent ST1 2NF2
£105K02/230.2 mi63, Bradford Terrace, Stoke-on-trent ST1 6LZ2

Local Rents

38 rents from £450/mo to £2.8K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£72503/250 mi-2
£79502/240.03 mi-2
£72509/240.08 miGlover Street, Stoke-on-Trent, Staffordshire, ST12
£67509/240.09 miMoston Street2
£67502/250.09 mi-2
£2,76002/240.12 mi-2
£2,76009/240.12 mi-2
£2,76009/240.12 mi-2
£2,76001/250.12 mi-2
£2,76002/250.12 mi-2
£67509/240.16 miBoulton Street, Stoke-On-Trent2
£75004/250.17 mi-2
£77501/250.18 mi-2
£75002/240.2 mi-2
£69509/240.21 miBradford Terrace, Birches Head, Stoke-on-Trent, ST12
£75009/240.21 mi-2
£75009/240.23 mi80 Mount Street, ST1 2NP2
£67509/240.25 miBold Street, Northwood2
£45004/250.3 mi-2
£45004/250.3 mi-2
£46510/240.31 mi-2
£74011/240.31 mi-2
£67511/240.31 mi-2
£60009/240.32 miLower Mayer street, ST12
£70009/240.37 miBuxton Street, Sneyd Green, Stoke-On-Trent2
£67509/240.37 mi-2
£75004/250.39 mi-2
£61509/240.41 miBaskerville Road, Stoke-On-Trent2
£65009/240.41 miBirch Street, Northwood, Stoke-on-Trent, ST12
£89502/250.46 mi-2
£89502/250.46 mi-2
£85012/240.51 mi-2
£65009/240.52 mi-2
£65009/240.53 miEastbourne Road, Stoke-on-Trent, Staffordshire, ST12
£92510/240.53 mi-2
£85002/250.53 mi-2
£69502/250.55 mi-2
£72509/240.58 miDiana Road, Stoke-on-Trent2

Local Area Statistics

Population in ST1

29,532

Population in Stoke-on-Trent

347,755

Town centre distance

0.53 miles away

Nearest school

0.70 miles away

Nearest train station

1.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Price changed to £109,950

February 16, 2025

Listed for £115,000

July 1, 2024

Floor Plans

Description

* IDEAL FIRST TIME BUY OR INVESTMENT PROPERTY

* TWO RECEPTIONS * TWO DOUBLE BEDROOMS

* POPULAR RESIDENTIAL LOCATION

* GOOD TRANSPORT & COMMUTING ROUTES

Accommodation -

Description - A well maintained and well presented two bedroom terraced property located in Birches Head, close to all the local amenities and road networks, it would make an ideal property for those seeking their first property or even a first time investor.
The property benefits from double glazing and a gas central heating system run off a combination boiler. To the ground floor is a reception room which is located to the front of the property and a second reception room is at the rear, there is a fitted kitchen and a door leading out to the enclosed yard, a inner hallway provides access to the bathroom, there are two double bedrooms to the first floor.

Ground Floor -

Front Reception - 3.5m x 3.3m (11'5" x 10'9") - Ceiling light point, radiator, double glazed window, uPVC exterior door.

Rear Reception - 3.5m x 3.5m (11'5" x 11'5") - Ceiling light point, radiator, double glazed window, door to kitchen.

Kitchen - 3.6m x 1.8m (11'9" x 5'10") - Fitted with a range of wall and base units with co-ordinating work top, built in electric oven, gas hob and extractor hood, sink and drainer with mixer tap, spaces for appliances. Ceiling light point, radiator, uPVC double glazed window.

Rear Lobby - Ceiling light point, storage cupboard, uPVC exterior door, door to bathroom.

Bathroom - 2.3m x 1.7m (7'6" x 5'6") - Recently fitted with a three suite white bathroom suite, comprises Paneled bath with over bath shower and shower screen, pedestal wash hand basin, low level w.c. Ceiling light point, uPVC panelled walls, heated towel rail, double glazed window

First Floor -

Front Bedroom - 3.5m x 3.3m (11'5" x 10'9") - Ceiling light point, radiator, storage cupboard, double glazed window.

Rear Bedroom - 3.5m x 3.5m (11'5" x 11'5") - Ceiling light point, radiator, double glazed window.

Outside - Rear yard.

General Information - Viewings - Strictly by appointment with the selling agents Keys Estate Agents - call

Valuation - Do you have a property to sell? if so Keys Estate Agents can offer a free valuation, call

Services
We believe all are available.

Tenure

Assumed to be freehold.

Offer Procedure
All offers should be made directly to Keys Estate Agents and should be made before contacting the bank, building society or solicitor as any delay may result in a sale being agreed to another party and survey/legal fees being unnecessarily incurred.

In compliance with the Estate Agents Order 1991 we are obliged to check into a purchaser’s financial situation to qualify an offer and financial arrangements. If you are making a cash offer which is not subject to the sale of a property written confirmation of the availability of funds will be required to qualify your offer.

The agent has not tested any of the equipment, fixtures, fittings or services and so can not verify that they are in working order or fit for their purpose. Legal documents have not been checked by the agents to verify tenure of the property.

Subject to contract. Vacant possession on completion.

Mortgages - If you are seeking a mortgage for a property or require Independent Financial Advice we can provide a free quotation

Agent Details

Keys Estate Agents, Stoke-On-Trent

01782 890178

Next Steps?

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