3 Bed Detached House, Refurb/BRRR, Stoke-on-Trent, ST9 0EG, £220,000

Armshead Road, Werrington, Stoke On Trent, ST9 0EG - 7 months ago

Sold STC
Refurb/BRRR
~93 m²
+8 photos

ValuationFair Value

Sold Prices£97.5K - £345K
Sold Prices/m²£1.3K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£221,624

 

 

End Value (After Refurb)

£237,485

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£14,100

Refurb Costs

£38,000

Bridging Loan Interest

£5,775

Total Cash In

£114,625

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£237,485

Mortgage (After Refinance)

£178,114

Mortgage LTV

75%

Cash Released

£13,114

Cash Left In

£101,511

Equity

£59,371

Rent Range

£485 - £1,150

Rent Estimate

£840

Running Costs/mo

£930

Cashflow/mo

£-90

Cashflow/yr

£-1,082

Gross Yield

5%

Local Sold Prices

50 sold prices from £97.5K to £345K, average is £192.5K. £1.3K/m² to £3.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£170K07/230.04 mi14, Park Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EB3
£225K02/230.1 mi22, Park Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EB3
£167K05/210.13 mi3, James Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0DZ3
£225K01/240.13 mi43, James Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0DZ3
£220K11/230.13 mi11, James Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0DZ3
£220K09/230.16 mi18, Johnstone Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0DY3
£103K09/230.16 mi39, Johnstone Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0DY3
£245K01/210.18 mi33, Sandy Hill, Werrington, Stoke-on-trent, Staffordshire ST9 0ET3
£160K07/210.19 mi15, Mount Close, Werrington, Stoke-on-trent, Staffordshire ST9 0EJ3
£230K04/210.25 mi20, Rownall Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JB3
£196K09/210.25 mi26, Rownall Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JB3
£174.5K03/240.25 mi125, Armshead Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EL3
£250K05/210.25 mi123, Armshead Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EL3
£250K08/220.25 mi1, Hill Village Road, Werrington, Stoke-on-trent, Staffordshire ST9 0DP3
£240K11/230.27 mi8, Oak Mount Road, Werrington, Stoke-on-trent, Staffordshire ST9 0BZ3
£185K01/240.27 mi50, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JE3
£230K08/220.27 mi44, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JE3
£97.5K05/210.33 mi12, Matlock Avenue, Dawley, Telford, Wrekin TF4 2DH3
£195K01/240.33 mi1, Milford Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0EZ3
£188K06/210.33 mi8, Milford Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0EZ3
£171K07/210.34 mi20, Haven Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0EY3
£174K11/200.35 mi58, Moss Park Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0EU3
£168.8K06/210.36 mi22, Alan Dale, Werrington, Stoke-on-trent, Staffordshire ST9 0EN3
£200K12/220.36 mi12, Brentwood Drive, Werrington, Stoke-on-trent, Staffordshire ST9 0DW3
£210K03/210.37 mi47, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JF3
£212K07/210.37 mi49, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JF3
£180K04/230.37 mi56, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JF3
£160K12/200.37 mi29, Whitmore Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0LW3
£167K05/210.37 mi11, Whitmore Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0LW3
£190K10/200.38 mi22, Kaydor Close, Werrington, Stoke-on-trent, Staffordshire ST9 0NA3
£197.5K06/230.39 mi22, Brentwood Drive, Werrington, Stoke-on-trent, Staffordshire ST9 0DW3
£225K06/230.4 mi11, Southlowe Road, Werrington, Stoke-on-trent, Staffordshire ST9 0HR3
£284K02/230.41 mi54, Moss Park Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0EP3
£190K11/220.41 mi37, Moss Park Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0EP3
£120K05/210.41 mi7, Stonehouse Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0LD3
£120K05/210.42 mi7, Stonehouse Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0LD3
£171K10/230.42 mi349, Ash Bank Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JR3
£190K09/210.44 mi31, Cotehill Road, Werrington, Stoke-on-trent, Staffordshire ST9 0LN3
£185K07/230.44 mi18, Cotehill Road, Werrington, Stoke-on-trent, Staffordshire ST9 0LN3
£165K06/210.45 mi9, Salters Close, Werrington, Stoke-on-trent, Staffordshire ST9 0DB3
£140K07/210.5 mi21, Washerwall Lane, Werrington, Stoke-on-trent, Staffordshire ST9 0JU3
£152K04/210.5 mi33, Washerwall Lane, Werrington, Stoke-on-trent, Staffordshire ST9 0JU3
£230K09/220.53 mi33, Quarry Close, Werrington, Stoke-on-trent, Staffordshire ST9 0LA3
£205K09/210.55 mi3, Quarry Close, Werrington, Stoke-on-trent, Staffordshire ST9 0LA3
£255K03/230.59 mi3, Moss Park Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0LS3
£305K09/230.6 mi49, Uplands Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0LE3
£330K09/220.63 mi118, Washerwall Lane, Werrington, Stoke-on-trent, Staffordshire ST9 0LY3
£219K10/210.63 mi9, Marsh Close, Werrington, Stoke-on-trent, Staffordshire ST9 0LP3
£345K11/210.64 mi124, Washerwall Lane, Werrington, Stoke-on-trent, Staffordshire ST9 0LY3
£178.5K11/200.66 mi26, Uplands Croft, Werrington, Stoke-on-trent, Staffordshire ST9 0LF3

Local Rents

37 rents from £485/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£89512/240.33 mi-2
£1,15009/240.44 miCotehill Road, Werrington, Stoke-on-Trent, ST93
£85009/240.45 miCotehill Road, Werrington, Stoke-On-Trent, ST92
£80009/240.58 miMoss Park Avenue, Werrington, Stoke-on-Trent, Staffordshire, ST92
£89509/241.61 miBrookhouse Lane, Stoke-on-Trent, Staffordshire, ST22
£82511/241.77 mi-3
£82512/241.77 mi-3
£95009/241.95 miGladwyn Street, Bucknall , Stoke-on-Trent3
£69509/241.96 mi-2
£85009/242.01 miGlenfield Way, Bentilee3
£89511/242.01 mi-3
£85009/242.01 mi-3
£79509/242.02 miWinchester Avenue, Stoke-On-Trent, ST23
£82509/242.06 miCambrian Way, Bucknall, Stoke-on-Trent, ST22
£87502/252.09 mi-2
£90002/252.1 mi-3
£85003/252.16 mi-2
£68509/242.16 miChapel Street, Bucknall2
£99509/242.17 miFernlea Grove, Longton3
£84003/252.2 mi-3
£87511/242.2 mi-3
£95007/242.2 mi-3
£85009/242.21 miAylesbury Road, Bentilee3
£48509/242.21 miWerrington Road, Bucknall1
£83002/252.22 mi-3
£99509/242.24 miWeston road3
£69509/242.24 miWerrington Road, Bucknall, Stoke-on-Trent ST22
£82509/242.28 miUplands Road, Stoke-On-Trent3
£85008/242.28 mi-3
£75003/252.29 mi-2
£82504/252.29 mi-3
£79509/242.3 miUplands Road, Stoke-on-Trent2
£85004/252.41 mi-3
£56511/242.42 mi-1
£84511/242.42 mi-2
£85010/242.45 mi-2
£97509/242.46 mi-3

Local Area Statistics

Population in ST9

11,933

Population in Stoke-on-Trent

347,755

Town centre distance

3.22 miles away

Nearest school

0.50 miles away

Nearest train station

3.41 miles away

 

 

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+24%

Property History

Listed for £220,000

September 9, 2024

Floor Plans

Description

  • EPC rated D +
  • Huge amounts of potential +
  • Conservatory +
  • Laid to lawn garden +
  • Detached garage +
  • Fantastic countryside views +
  • Sought after location +
  • In need of modernisation +
  • No onward chain +
  • Viewing advised +

Occupying a delightful spot along Armshead Road, Werrington you will come across the much loved three bedroom home. In need of some modernisation to being it back to its former glory, could this be your perfect home? Internally on offer, a spacious lounge, dining room, kitchen, conservatory and a downstairs bedroom. To the first floor an additional two bedrooms, both with carpet flooring and a family bathroom. The home offers fantastic countryside views and also benefits for a laid to lawn garden and detached garage. Offered for sale with no onward chain, early viewing are essential to appreciate what this home has to offer.

Agent Details

Feeney Estate Agents, Werrington

01728 443998

Next Steps?

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