2 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST1 4JS, £79,950

17 Whitmore Street, Stoke-On-Trent, ST1 4JS - 7 months ago

Sold STC
Refurb/BRRR
ROI: 4%
68 m²
+5 photos

ValuationOvervalued

Sold Prices£36K - £142K
Sold Prices/m²£514/m² - £2.5K/m²

 

 

Square Metres

68 m²
Price/m²£1.2K/m²

Value Estimate

£78,161

 

 

End Value (After Refurb)

£93,222

Uplift in Value

+17%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£19,988

Stamp Duty & Legal Fees

£5,198

Refurb Costs

£27,555

Bridging Loan Interest

£2,099

Total Cash In

£56,589

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£93,222

Mortgage (After Refinance)

£69,917

Mortgage LTV

75%

Cash Released

£9,954

Cash Left In

£46,635

Equity

£23,306

Rent Range

£550 - £2,900

Rent Estimate

£650

Running Costs/mo

£441

Cashflow/mo

£209

Cashflow/yr

£2,504

ROI

4%

Gross Yield

10%

Local Sold Prices

50 sold prices from £36K to £142K, average is £84K. £514/m² to £2.5K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£85K04/230 mi35, Whitmore Street, Stoke-on-trent ST1 4JS2
£83.5K01/240 mi21, Whitmore Street, Stoke-on-trent ST1 4JS2
£40K03/230.01 mi48, Whitmore Street, Stoke-on-trent ST1 4JT2
£108K05/210.05 mi18, Timmis Street, Stoke-on-trent ST1 4JY2
£69K04/210.1 mi17, Garfield Street, Stoke-on-trent ST1 4LL2
£110K02/230.2 mi49, Kimberley Road, Stoke-on-trent ST1 4DA2
£80K02/240.21 mi55, Kimberley Road, Stoke-on-trent ST1 4DA2
£69K05/210.21 mi37, Kimberley Road, Stoke-on-trent ST1 4DA2
£76K04/210.21 mi29, Kimberley Road, Stoke-on-trent ST1 4DA2
£80K02/230.21 mi49, Davis Street, Stoke-on-trent ST4 7AD2
£36K12/200.22 mi37, Ladysmith Road, Stoke-on-trent ST1 4BY2
£85K09/230.22 mi21, Ladysmith Road, Stoke-on-trent ST1 4BY2
£78K08/230.24 mi53, Davis Street, Stoke-on-trent ST4 7AD2
£69.4K11/210.25 mi18, Sefton Street, Stoke-on-trent ST1 4BQ2
£90K04/230.25 mi16, Sefton Street, Stoke-on-trent ST1 4BQ2
£75K01/240.26 mi8, Castlefield Street, Stoke-on-trent ST4 7AQ2
£100K01/230.28 mi29, Cavendish Street, Stoke-on-trent ST1 4BH2
£113K06/230.28 mi284, Etruria Vale Road, Stoke-on-trent ST1 4BL2
£84.5K03/230.3 mi20, Sandon Street, Stoke-on-trent ST1 4BJ2
£95K04/230.3 mi32, Sandon Street, Stoke-on-trent ST1 4BJ2
£113K05/210.3 mi104, Belmont Road, Stoke-on-trent ST1 4BT2
£130K04/240.3 mi94, Belmont Road, Stoke-on-trent ST1 4BT2
£49K02/240.32 mi43, Chatham Street, Stoke-on-trent ST1 4NY2
£63K02/210.39 mi50, Harcourt Street, Stoke-on-trent ST1 4NP2
£70K05/230.39 mi20, Harcourt Street, Stoke-on-trent ST1 4NP2
£117K06/210.4 mi11, Humbert Road, Stoke-on-trent ST1 5GA2
£142K02/240.4 mi17, Humbert Road, Stoke-on-trent ST1 5GA2
£126K01/210.44 mi38, Lakeside Close, Stoke-on-trent ST1 5GB2
£110K03/210.44 mi19, Etruscan Street, Stoke-on-trent ST1 5PQ2
£126K04/210.44 mi39, Etruscan Street, Stoke-on-trent ST1 5PQ2
£110K10/200.48 mi6, Pebble Mill Street, Stoke-on-trent ST1 5RG2
£120K06/210.49 mi84, Cavour Street, Stoke-on-trent ST1 5PL2
£120K06/210.49 mi84, Cavour Street, Stoke-on-trent ST1 5PL2
£95K11/210.54 mi5, Brunswick Place, Stoke-on-trent ST1 3DD2
£81.5K07/230.54 mi19, Brunswick Place, Stoke-on-trent ST1 3DD2
£82K01/240.54 mi3, Northcote Street, Stoke-on-trent ST4 2RE2
£50K11/230.56 mi42, Elgin Street, Stoke-on-trent ST4 2RD2
£68K03/240.62 mi52, Beresford Street, Stoke-on-trent ST4 2EX2
£47.5K10/210.63 mi29, Denbigh Street, Stoke-on-trent ST1 5JA2
£62.6K07/210.65 mi11, Portland Street, Stoke-on-trent ST1 5HZ2
£73K12/230.65 mi50, Harley Street, Stoke-on-trent ST1 3LA2
£50K10/230.65 mi2, Bethesda Road, Stoke-on-trent ST1 3AH2
£65K12/200.67 mi27, Lowther Street, Stoke-on-trent ST1 5JE2
£100K06/210.69 mi4, Shaw Street, Stoke-on-trent ST1 5JN2
£59K11/200.69 mi58, Lowther Street, Stoke-on-trent ST1 5JF2
£93K07/210.7 mi4, Queen Anne Street, Stoke-on-trent ST4 2EQ2
£129K04/210.71 mi170, North Street, Stoke-on-trent ST4 7DG2
£132K06/230.71 mi172, North Street, Stoke-on-trent ST4 7DG2
£118K10/230.71 mi180, North Street, Stoke-on-trent ST4 7DG2
£50K11/200.71 mi19, Rutland Street, Stoke-on-trent ST1 5JG2

Local Rents

43 rents from £550/mo to £2.9K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£2,00002/240.02 mi-2
£95009/240.02 mi-2
£69512/240.04 mi-2
£65009/240.06 miStanhope Street; Hanley; ST12
£69509/240.07 miBridgewater Court, Hanley, Stoke-on-Trent, ST12
£87010/240.16 mi-2
£87010/240.16 mi-2
£87010/240.16 mi-2
£72509/240.2 mi-2
£75003/250.2 mi-2
£90011/240.21 mi-2
£90004/250.22 mi-2
£55009/240.23 miLadysmith Road, Stoke-On-Trent, ST12
£69503/250.29 mi-2
£72501/250.29 mi-2
£72501/250.29 mi-2
£98009/240.36 miClayworks, Hanley2
£1,01509/240.36 miClayworks, Hanley2
£90009/240.36 miClayworks, Hanley2
£97509/240.36 miClayworks, Hanley2
£89009/240.36 miClayworks, Hanley2
£93009/240.36 miClayworks, Hanley2
£67509/240.38 miHartley Court, Cliffe Vale, Stoke On Trent, ST4 7GG2
£79509/240.4 miTattershall Court, Etruria2
£85002/250.41 mi-2
£1,50002/240.43 mi-2
£1,50001/250.43 mi-2
£1,50002/250.43 mi-2
£72509/240.43 miPenstock Drive, Etruria2
£75009/240.44 miWatermeadow Grove, Etruria2
£77509/240.44 miEtruscan Street, Etruria2
£2,90001/240.49 mi-2
£2,90010/240.49 mi-2
£2,50010/240.49 mi-2
£2,50010/240.49 mi-2
£75003/250.52 mi-2
£1,20012/240.56 mi-2
£85003/250.56 mi-2
£75001/240.59 mi-2
£75010/240.59 mi-2
£72509/240.6 mi-2
£70012/240.61 mi-2
£67509/240.61 miSeaford Street, Shelton, ST4 2EU2

Local Area Statistics

Population in ST1

29,532

Population in Stoke-on-Trent

347,755

Town centre distance

1.81 miles away

Nearest school

0.20 miles away

Nearest train station

0.88 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £79,950

September 3, 2024

Description

  • A two bedroom terraced property +
  • Gas central heating and double glazing +
  • Situated close to Hanley town centre +
  • In need of internal updating +
  • EPC Band E Rating 45, Council Tax band a +
  • Ask an advisor to book your viewing +

A two bedroom terraced property in need of internal modernisation. The property benefits from gas central heating and double glazing throughout. Accommodation comprises through living room, kitchen and bathroom at ground floor level with two bedrooms to the first floor. At the rear is an enclosed paved yard with pedestrian access. Subject to refurbishment potential rental income £650 per calendar month.

Agent Details

Keates, Stoke On Trent

01782 847083

Next Steps?

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

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