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3 Bed Semi-Detached House, Refurb/BRRR, Stoke-on-Trent, ST2 7AW, £210,000

Fletcher Crescent, Stoke-On-Trent ST2 7AW - 4 views - 7 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+19 photos

ValuationOvervalued

Sold Prices£85K - £275K
Sold Prices/m²£1.1K/m² - £4.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£177,733

 

 

End Value (After Refurb)

£208,446

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Refurb Costs

£38,154

Bridging Loan Interest

£5,513

Total Cash In

£105,416

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£208,446

Mortgage (After Refinance)

£156,335

Mortgage LTV

75%

Cash Left In

£105,416

Equity

£52,112

Rent Range

£795 - £3,200

Rent Estimate

£1,299

Running Costs/mo

£931

Cashflow/mo

£368

Cashflow/yr

£4,414

ROI

4%

Gross Yield

7%

Local Sold Prices

51 sold prices from £85K to £275K, average is £165K. £1.1K/m² to £4.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£140K10/200.05 mi7, Sunridge Close, Stoke-on-trent ST2 7AP3
£275K05/230.05 mi35, Stoneyfields Avenue, Stoke-on-trent ST2 7JN3
£200K05/230.05 mi36, Stoneyfields Avenue, Stoke-on-trent ST2 7JN3
£255K10/230.07 mi31, Field Avenue, Stoke-on-trent ST2 7AN3
£250K08/210.08 mi20, Field Avenue, Stoke-on-trent ST2 7AS3
£192.5K01/210.08 mi62, Field Avenue, Stoke-on-trent ST2 7AS3
£165K07/230.08 mi74, Field Avenue, Stoke-on-trent ST2 7AS3
£200K01/240.1 mi126, Baddeley Green Lane, Stoke-on-trent ST2 7HA3
£157.5K05/230.11 mi15, Gilman Avenue, Stoke-on-trent ST2 7JP3
£195K06/230.11 mi36, Gilman Avenue, Stoke-on-trent ST2 7JP3
£194K06/210.11 mi24, Kirkwall Grove, Stoke-on-trent ST2 7PH3
£222.5K02/230.12 mi31, Malstone Avenue, Stoke-on-trent ST2 7NN3
£212.5K11/220.14 mi8, Malstone Avenue, Stoke-on-trent ST2 7NN3
£167K09/230.14 mi46, Malstone Avenue, Stoke-on-trent ST2 7NN3
£166K10/210.15 mi35, Trentfield Road, Stoke-on-trent ST2 7JH3
£150K12/200.15 mi96, Baddeley Green Lane, Stoke-on-trent ST2 7HB3
£160K08/230.16 mi56, Baker Crescent South, Stoke-on-trent ST2 7JU3
£172K10/230.16 mi45, Baker Crescent South, Stoke-on-trent ST2 7JU3
£172K10/230.16 mi45, Baker Crescent South, Stoke-on-trent ST2 7JU3
£147K12/200.17 mi4, Parkview Grove, Stoke-on-trent ST2 7NY3
£212.5K03/210.18 mi31, Malcolm Close, Stoke-on-trent ST2 7HX3
£160K01/230.19 mi24, Netherton Grove, Stoke-on-trent ST2 7NL3
£168K11/200.19 mi21, Clive Avenue, Stoke-on-trent ST2 7HR3
£105.5K06/210.19 mi8, Baddeley Hall Road, Stoke-on-trent ST2 7JZ3
£160K08/230.19 mi23, Baddeley Hall Road, Stoke-on-trent ST2 7JZ3
£150K10/200.2 mi8, Norbury Avenue, Stoke-on-trent ST2 7BJ3
£180K12/230.2 mi50, Norbury Avenue, Stoke-on-trent ST2 7BJ3
£105K06/210.21 mi10, Edge View Road, Stoke-on-trent ST2 7JX3
£142K11/210.21 mi32, Edge View Road, Stoke-on-trent ST2 7JX3
£152.5K10/210.22 mi33, Leonard Avenue, Baddeley Green, Stoke-on-trent ST2 7HW3
£140K11/210.22 mi81, Haslemere Avenue, Stoke-on-trent ST2 7AT3
£215K05/230.24 mi836, Leek New Road, Stoke-on-trent ST2 7HP3
£203.5K01/240.24 mi852, Leek New Road, Stoke-on-trent ST2 7HP3
£195K03/230.24 mi14, Stanley Grove, Stoke-on-trent ST2 7JA3
£144.9K12/200.24 mi70, Baddeley Green Lane, Stoke-on-trent ST2 7HD3
£153K08/210.24 mi72, Baddeley Green Lane, Stoke-on-trent ST2 7HD3
£115K02/210.24 mi30, Lockwood Street, Stoke-on-trent ST2 7HN3
£155K06/210.24 mi13, Lockwood Street, Stoke-on-trent ST2 7HN3
£85K06/210.24 mi46, Lockwood Street, Stoke-on-trent ST2 7HN3
£129.9K08/210.25 mi20, Haslemere Avenue, Stoke-on-trent ST2 7AU3
£255.6K12/220.25 mi1, Normandy Grove, Stoke-on-trent ST2 7NU3
£165K05/210.27 mi50, Wallis Way, Stoke-on-trent ST2 7EW3
£241K11/230.27 mi50, Wallis Way, Stoke-on-trent ST2 7EW3
£186K12/210.28 mi20, Baddeley Road, Stoke-on-trent ST2 7AX3
£138.3K12/230.28 mi4, Baddeley Road, Stoke-on-trent ST2 7AX3
£116.5K11/200.29 mi20, Crestway Road, Stoke-on-trent ST2 7LD3
£90K07/210.29 mi34, Crestway Road, Stoke-on-trent ST2 7LD3
£110K06/230.29 mi19, Crestway Road, Stoke-on-trent ST2 7LD3
£125K04/210.29 mi5, Hillside Road, Stoke-on-trent ST2 7LF3
£138K02/210.29 mi9, Hillside Road, Stoke-on-trent ST2 7LF3
£226.5K01/210.29 mi93, Bagnall Road, Stoke-on-trent ST2 7AY3

Local Rents

15 rents from £795/mo to £3.2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,05002/250.57 mi-3
£95007/240.66 mi-3
£80009/240.81 miHayeswood Grove, Norton Heights3
£1,70009/240.94 mi-3
£95009/240.95 miBlithfield Way, Stoke-On-Trent, ST63
£95009/240.95 mi-3
£82509/240.95 miUplands Road, Stoke-On-Trent3
£97509/240.95 mi-3
£3,20009/240.99 mi-3
£3,20012/240.99 mi-3
£99511/241.04 mi-3
£1,10012/241.1 mi-3
£79509/241.11 mi-3
£87509/241.11 miWentworth Grove, Sneyd Green, Stoke-on-Trent3
£87509/241.11 mi-3

Links

Local Area Statistics

Population in ST2

34,047

Population in Stoke-on-Trent

347,755

Town centre distance

1.30 miles away

Nearest school

0.10 miles away

Nearest train station

3.37 miles away

 

 

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £210,000

September 14, 2024

Description

  • Cul-De-Sac +
  • Three Bedroom +
  • Semi-Detached Property +
  • Local Amenities +
  • Large Rear Garden +
  • Driveway +

This three-bedroom semi-detached property is located in the sought-after area of Baddeley Green.

Offering great potential for those looking to create their dream home. This property features a spacious living room, a separate dining space, a kitchen with room for renovation, and three generously sized bedrooms upstairs as well as a family bathroom.

Outside, the large rear garden is perfect for outdoor entertaining or future landscaping projects. At the front, there is a private driveway providing off-road parking for up to two vehicles.

While the property is in need of some modernisation, it offers an excellent opportunity to add value and make it your own.

Don't miss out on the opportunity to make this lovely property yours and give us a call on to arrange a viewing! We are happy to help!

Agent Details

Butters John Bee, Hanley

01782 493723

Next Steps?

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

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