2 Bed Bungalow, Refurb/BRRR, Stoke-on-Trent, ST8 7HE, £199,950

Dove Grove, Biddulph, ST8 7HE - 2 views - 8 months ago

Refurb/BRRR
ROI: 2%
~68 m²
+19 photos

ValuationOvervalued

Sold Prices£63K - £240K
Sold Prices/m²£986/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£142,414

 

 

End Value (After Refurb)

£166,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£49,988

Stamp Duty & Legal Fees

£12,697

Refurb Costs

£28,969

Bridging Loan Interest

£5,249

Total Cash In

£98,651

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£166,750

Mortgage (After Refinance)

£125,063

Mortgage LTV

75%

Cash Left In

£98,651

Equity

£41,688

Rent Range

£600 - £3,100

Rent Estimate

£909

Running Costs/mo

£723

Cashflow/mo

£186

Cashflow/yr

£2,233

ROI

2%

Gross Yield

5%

Local Sold Prices

51 sold prices from £63K to £240K, average is £172K. £986/m² to £3.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£220K10/220.04 mi2, Dart Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7HG2
£172K05/210.04 mi17, Dart Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7HG2
£225K01/240.07 mi1, Medway Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7HA2
£203K08/230.09 mi6, Dee Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7HB2
£116K11/200.1 mi36, Ox Hey Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7EX2
£235K11/230.1 mi36, Ox Hey Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7EX2
£174K03/210.11 mi7, Dane Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7HN2
£185K10/210.11 mi10, Dane Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7HN2
£190K12/200.11 mi3, Ox Hey Crescent, Biddulph, Stoke-on-trent, Staffordshire ST8 7EY2
£240K09/230.11 mi1, Ox Hey Crescent, Biddulph, Stoke-on-trent, Staffordshire ST8 7EY2
£215K12/220.12 mi4, Ox Hey Crescent, Biddulph, Stoke-on-trent, Staffordshire ST8 7EY2
£178K09/210.14 mi51, Ox Hey Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7EU2
£175K03/210.16 mi22, Clyde Avenue, Biddulph, Stoke-on-trent, Staffordshire ST8 7HD2
£70K01/210.18 mi9, Lucerne Road, Biddulph, Stoke-on-trent, Staffordshire ST8 7FG2
£137K04/210.2 mi83, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EF2
£182K09/230.2 mi81, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EF2
£110K11/210.21 mi70a, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EG2
£162.8K09/230.21 mi74, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EG2
£192K02/230.21 mi19, Humber Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7LW2
£115K11/200.23 mi7, Briarswood, Biddulph, Stoke-on-trent, Staffordshire ST8 6BW2
£185K11/220.24 mi2, Lawton Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EQ2
£191K01/230.24 mi18, Eiger Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7FH2
£185K09/230.25 mi13, Smithy Lane, Biddulph, Stoke-on-trent, Staffordshire ST8 7EW2
£200K12/200.25 mi24, Smithy Lane, Biddulph, Stoke-on-trent, Staffordshire ST8 7EW2
£197K08/230.27 mi42, Pennine Way, Biddulph, Stoke-on-trent, Staffordshire ST8 7EA2
£175K12/220.28 mi16, Lawton Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EQ2
£168K02/230.29 mi7, Lawton Crescent, Biddulph, Stoke-on-trent, Staffordshire ST8 6EH2
£183K07/230.3 mi28, Portland Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 6RY2
£185K01/210.3 mi94, Thames Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7JF2
£145K03/210.31 mi10, Portland Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 6RY2
£63K06/210.31 mi4, Cromwell Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6ED2
£186K10/200.33 mi15, Sycamore Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7DT2
£183K12/220.34 mi15, Redwing Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7UA2
£155K05/210.35 mi1, Crossways, Biddulph, Stoke-on-trent, Staffordshire ST8 7DY2
£163K11/230.35 mi11, Wren Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7UB2
£140K12/230.36 mi79, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DT2
£125.5K11/230.36 mi11, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DT2
£125.5K11/230.36 mi11, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DT2
£123.5K01/240.36 mi7, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DT2
£157K01/210.37 mi18, York Close, Gillow Heath, Stoke-on-trent, Staffordshire ST8 6SE2
£120.1K11/200.37 mi32, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DU2
£124K06/230.37 mi6, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DU2
£147K09/230.39 mi55, Station Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6BT2
£226K07/230.4 mi3, Sandsdown Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6DA2
£126.2K11/220.4 mi18, Cross Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6BD2
£120K04/210.42 mi14, Station Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6BJ2
£140K08/230.42 mi14, Station Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6BJ2
£115K05/230.42 mi45, Station Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6BL2
£116K10/220.42 mi31, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6BB2
£240K09/210.42 mi16, Pennine Way, Biddulph, Stoke-on-trent, Staffordshire ST8 7EJ2
£130K10/230.42 mi2, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6BB2

Local Rents

17 rents from £600/mo to £3.1K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£82512/240.2 mi-2
£60006/240.34 mi-2
£60009/240.37 mi-2
£70009/240.41 miLovit View, High Street, ST82
£67509/240.42 miHigh Street, ST82
£69512/240.51 mi-2
£65009/240.52 mi-2
£79502/250.52 mi-2
£82512/240.56 mi-2
£65009/240.73 miTunstall Road, Biddulph, Stoke-On-Trent2
£79509/240.74 mi-2
£84508/240.74 mi-2
£3,10009/240.74 mi-2
£90009/240.99 miNew Street, Biddulph, Stoke-on-Trent, ST82
£90002/251.01 mi-2
£1,10004/251.19 mi-2
£80002/241.19 mi-2

Local Area Statistics

Population in ST8

20,197

Population in Stoke-on-Trent

347,755

Town centre distance

5.60 miles away

Nearest school

0.40 miles away

Nearest train station

2.73 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Price changed to £199,950

April 1, 2025

Price changed to £205,000

January 31, 2025

Listed for £210,000

August 21, 2024

Floor Plans

Description

2 Bedrooms. * COMPETITIVELY PRICED TO SELL *

Detached true bungalow situated in a very popular residential location, in need of selective modernisation and offered for sale with no upward chain. Vacant possession on completion. The bungalow benefits from a pleasant south facing garden and superb far reaching views to the rear elevation. Viewing is highly recommended to appreciate everything this lovely home has to offer its new owners.

Accommodation comprising of; uPVC double glazed door to the side elevation allows access into the entrance hall which has doors off to the kitchen and living room. Kitchen has a range of fitted eye and base level units, base units have work surfaces over and tiled splash backs. uPVC double glazed window to the front elevation. Sink unit with drainer. Plumbing and space for an automatic washing machine. Various drawer and cupboard space. Space for slide in cooker. Space for under counter side by side fridge and freezer with work surface over. Living room has a uPVC double glazed window to the front elevation. Inset fire with timber mantle over and decorative stone effect panels to each side with useful timber shelf above. Door allowing access into the inner hallway which has doors off to the bathroom and both bedrooms plus door to former airing cupboard housing the wall mounted gas central heating boiler.

Bathroom has a three piece white suite comprising of a low level w.c, pedestal wash hand basin and panel bath with glazed shower screen and mixer shower over. uPVC double glazed frosted window to the side elevation. Bedroom one is to the rear elevation with a uPVC double glazed window allowing stunning far reaching views. Built in wardrobe to one wall. Bedroom two can also be found to the rear elevation with a uPVC double glazed window over looking the garden and the beautiful views on the horizon.

Externally the property is approached via a tarmacadam driveway providing ample off road parking, easy access to the bungalow and detached garage at the rear. The pretty front garden has well maintained flower/shrub borders and flagged pathway across the front of the bungalow. The rear south facing garden is over two levels, with paved patio areas which provide an excellent vantage point to enjoy the far reaching views and have a lovely variety of mature shrubs and trees. Pathway leads down to a further patio area which also has variety of mature well established shrubs and trees. Detached garage is to has up and over door to the front elevation and window to the side.

Agent Details

Priory Property Services, Biddulph

01782 493695

Next Steps?

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