4 Bed Terraced House, Cash/Bridging Only, Stoke-on-Trent, ST8 7BX, £98,500

65 Mayfield Road, Biddulph. ST8 7BX, Stoke-on-Trent - 8 months ago

Under Offer
Cash
~92 m²
+13 photos

ValuationUndervalued

Sold Prices£170K - £675K
Sold Prices/m²£1.7K/m² - £4.3K/m²

 

 

Square Metres

~91.70 m²
Price/m²£1.1K/m²

Value Estimate

£101,455
BMV3%

 

 

End Value (After Refurb)

£220,968

Uplift in Value

+124%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£24,625

Stamp Duty & Legal Fees

£6,125

Refurb Costs

£39,002

Bridging Loan Interest

£2,586

Total Cash In

£74,087

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£220,968

Agent Fees (1%)

£2,210

Bridging Loan

£73,875

Bridging Loan Interest

£2,586

Flip Profit

£70,796

Local Sold Prices

47 sold prices from £170K to £675K, average is £289.5K. £1.7K/m² to £4.3K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£330.5K08/230.03 mi81, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7BG4
£335K03/230.15 mi1, Merthyr Grove, Knypersley, Stoke-on-trent, Staffordshire ST8 7XF4
£320K11/220.17 mi34, St Davids Way, Knypersley, Stoke-on-trent, Staffordshire ST8 7XA4
£247K11/200.17 mi42, St Davids Way, Knypersley, Stoke-on-trent, Staffordshire ST8 7XA4
£369.9K09/210.21 mi11, Holywell Close, Knypersley, Stoke-on-trent, Staffordshire ST8 7XG4
£292K01/210.21 mi1, Colwyn Drive, Knypersley, Stoke-on-trent, Staffordshire ST8 7BJ4
£435K07/230.22 mi4, Dylan Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7XB4
£257.5K02/210.22 mi30, Dylan Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7XB4
£185K11/230.24 mi33, Woodland Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6LP4
£285K03/210.24 mi16, Ruthin Grove, Knypersley, Stoke-on-trent, Staffordshire ST8 7XL4
£305K01/210.24 mi1, Ruthin Grove, Knypersley, Stoke-on-trent, Staffordshire ST8 7XL4
£220K11/200.25 mi9, Pen Y Bont Walk, Knypersley, Stoke-on-trent, Staffordshire ST8 7XJ4
£287K12/200.25 mi19, Pen Y Bont Walk, Knypersley, Stoke-on-trent, Staffordshire ST8 7XJ4
£356K01/230.27 mi16, Hawthorn Grove, Biddulph, Stoke-on-trent, Staffordshire ST8 6UJ4
£325K11/220.27 mi22, Hawthorn Grove, Biddulph, Stoke-on-trent, Staffordshire ST8 6UJ4
£289.5K02/210.28 mi12, Barmouth Close, Knypersley, Stoke-on-trent, Staffordshire ST8 7XN4
£675K06/210.31 mi161, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7PN4
£310K11/220.34 mi14, Mossfield Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 6UL4
£380K05/230.34 mi16, Mossfield Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 6UL4
£249.9K06/210.34 mi26, Mossfield Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 6UL4
£560K12/220.41 mi64a, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7AU4
£422.5K06/210.43 mi19, Mill Hayes Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7PR4
£290K11/220.46 mi27, Bluebell Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6TJ4
£170K01/230.5 mi53, Shepherd Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HZ4
£195K08/230.54 mi43a, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HY4
£289K03/210.66 mi7, Chaffinch Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7TU4
£350K10/230.68 mi56, Thames Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7HL4
£280K01/210.71 mi10, Blackbird Way, Biddulph, Stoke-on-trent, Staffordshire ST8 7UH4
£205K03/210.72 mi8, Lanchester Close, Knypersley, Stoke-on-trent, Staffordshire ST8 6SB4
£180K08/230.74 mi13, Lawton Crescent, Biddulph, Stoke-on-trent, Staffordshire ST8 6EH4
£254.5K09/210.77 mi15, Linnet Way, Biddulph, Stoke-on-trent, Staffordshire ST8 7UF4
£287K12/200.81 mi4, Plover Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7UJ4
£340K06/210.81 mi29, Humber Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7LW4
£325K06/210.85 mi100, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EG4
£182K08/210.86 mi80, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EG4
£315K10/230.87 mi8b, Stile Close, Brown Lees, Stoke-on-trent, Staffordshire ST8 6NL4
£211.5K01/210.87 mi43, Fairfax Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6ER4
£188.5K05/230.9 mi10, Lyndhurst Drive, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PB4
£350K02/230.91 mi1, Mason Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 6SP4
£265K04/210.94 mi14, Brocks Croft Gardens, Biddulph, Stoke-on-trent, Staffordshire ST8 6BX4
£293K03/210.94 mi23, Brocks Croft Gardens, Biddulph, Stoke-on-trent, Staffordshire ST8 6BX4
£207.5K12/220.94 mi2, Brocks Croft Gardens, Biddulph, Stoke-on-trent, Staffordshire ST8 6BX4
£297.5K09/230.94 mi22, Brocks Croft Gardens, Biddulph, Stoke-on-trent, Staffordshire ST8 6BX4
£185K07/210.94 mi3, Brocks Croft Gardens, Biddulph, Stoke-on-trent, Staffordshire ST8 6BX4
£225K12/220.94 mi5, Brocks Croft Gardens, Biddulph, Stoke-on-trent, Staffordshire ST8 6BX4
£251K02/230.94 mi8, Brocks Croft Gardens, Biddulph, Stoke-on-trent, Staffordshire ST8 6BX4
£292K11/230.94 mi2, Cowlishaw Close, Brown Lees, Stoke-on-trent, Staffordshire ST8 6JW4

Local Rents

15 rents from £725/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£87508/240.05 mi-3
£1,07504/250.36 mi-3
£80009/240.36 mi-3
£87009/240.55 mi-3
£89502/240.6 mi-3
£1,07011/240.6 mi-3
£72510/240.66 mi-3
£75012/240.66 mi-3
£85003/250.66 mi-3
£1,10009/240.85 miCongleton Road, Biddulph, Staffordshire3
£75009/240.99 mi-3
£75009/240.99 mi-3
£85009/241.06 mi-3
£77509/241.09 miCambridge Close, Gillow Heath3
£1,15001/251.1 mi-3

Local Area Statistics

Population in ST8

20,197

Population in Stoke-on-Trent

347,755

Town centre distance

4.63 miles away

Nearest school

0.20 miles away

Nearest train station

3.54 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Price changed to £98,500

December 24, 2024

Listed for £115,000

August 16, 2024

Floor Plans

Description

  • Four Bedroom Family Home +
  • Spacious Accommodation Throughout +
  • Open Plan Lounge/ Dining Room & Adjoining Pantry +
  • Gravelled Drive to Front Allowing Off Road Parking +
  • Fully Enclosed Rear Garden +
  • No Upward Chain +
  • Cash Purchase Only As Schindler Construction +

Cash Purchase Only

This is a fantastic opportunity to acquire a Schindler constructed property having four bedrooms with newly refreshed decor and flooring. This is an ideal property for the investment market or those with cash looking to purchase a family sized property.

This four bedroom home has an open plan lounge diner kitchen with open pantry store and adjoining space, which could create an additional utility space. To the first floor there are four bedrooms, bathroom and separate WC. Externally there is a newly laid gravel driveway with paving providing off-road parking for vehicles. To the rear aspect there is a generous sized rear garden, which is laid to lawn with a concrete patio area. The property, as previously mentioned has been newly decorated throughout with the addition of new carpets and vinyl flooring. There's also a newly installed UPVC front entrance door.

This Schindler construction property is a cash purchases, however you are advised to make their own enquiries regarding the financing of this property. Offered for sale with no upward chain.

Agent Details

Whittaker & Biggs, Biddulph

01782 493529

Next Steps?

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