2 Bed Bungalow, Refurb/BRRR, Stoke-on-Trent, ST9 9DB, £240,000

Cedar Crescent, Endon, Stoke-on-Trent, ST9 9DB - 1 views - 7 months ago

Refurb/BRRR
ROI: 2%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£90K - £579K
Sold Prices/m²£1.3K/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£170,156

 

 

End Value (After Refurb)

£235,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£15,500

Refurb Costs

£27,830

Bridging Loan Interest

£6,300

Total Cash In

£111,380

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£235,500

Mortgage (After Refinance)

£176,625

Mortgage LTV

75%

Cash Left In

£111,380

Equity

£58,875

Rent Range

£495 - £4,250

Rent Estimate

£1,139

Running Costs/mo

£984

Cashflow/mo

£155

Cashflow/yr

£1,863

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £90K to £579K, average is £181K. £1.3K/m² to £5K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£248K04/210.09 miEstepona, Woodstone Avenue, Endon, Stoke-on-trent, Staffordshire ST9 9DL2
£230K04/210.38 miBramble Cottage, Stanley Moss Lane, Stockton Brook, Stoke-on-trent, Staffordshire ST9 9LH2
£220K12/200.41 mi11, Railway Court, Endon, Stoke-on-trent, Staffordshire ST9 9ET2
£290K01/210.41 mi8, Greenfield Road, Endon, Stoke-on-trent, Staffordshire ST9 9HL2
£320K10/220.44 mi47, The Meadows, Endon, Stoke-on-trent, Staffordshire ST9 9BG2
£165K08/230.46 mi7, Marlborough Crescent, Endon, Stoke-on-trent, Staffordshire ST9 9HN2
£205K08/230.47 mi18, High View Road, Endon, Stoke-on-trent, Staffordshire ST9 9HT2
£173K01/210.54 mi14, Parkfields, Endon, Stoke-on-trent, Staffordshire ST9 9BD2
£215K07/210.62 miDoran Dale, Stanley Road, Stockton Brook, Stoke-on-trent, Staffordshire ST9 9LL2
£90K02/210.74 mi19, Spring Crescent, Brown Edge, Stoke-on-trent, Staffordshire ST6 8QH2
£166.5K04/210.77 mi20, Fairfield Avenue, Brown Edge, Stoke-on-trent, Staffordshire ST6 8SA2
£225K06/230.77 mi8, Fairfield Avenue, Brown Edge, Stoke-on-trent, Staffordshire ST6 8SA2
£330K05/230.78 mi1066, Leek New Road, Stockton Brook, Stoke-on-trent ST9 9NT2
£112K02/230.8 mi204, High Lane, Brown Edge, Stoke-on-trent, Staffordshire ST6 8QB2
£260K02/210.83 mi14, Brookside Drive, Endon, Stoke-on-trent, Staffordshire ST9 9HA2
£260K09/210.89 miEden Bungalow, Sandy Lane, Brown Edge, Stoke-on-trent, Staffordshire ST6 8QL2
£125K04/230.92 mi9, The Priory, Endon, Stoke-on-trent, Staffordshire ST9 9BF2
£270K05/230.92 mi3, Blencarn Grove, Stockton Brook, Stoke-on-trent ST9 9PX2
£579K04/230.97 miRose Lea, Ball Lane, Stoke-on-trent, Staffordshire ST6 8SW2
£212K11/211.01 mi24, The Green, Brown Edge, Stoke-on-trent, Staffordshire ST6 8RN2
£255K07/211.02 mi6, Nursery Avenue, Stockton Brook, Stoke-on-trent ST9 9NY2
£132.5K10/201.02 mi59, Nursery Avenue, Stockton Brook, Stoke-on-trent ST9 9NY2
£162K04/211.02 mi49, Nursery Avenue, Stockton Brook, Stoke-on-trent ST9 9NY2
£125K11/201.06 mi14, Brentwood Grove, Stockton Brook, Stoke-on-trent ST9 9NQ2
£184K01/211.06 mi21, Brentwood Grove, Stockton Brook, Stoke-on-trent ST9 9NQ2
£180K06/211.06 miSunnyside, Sytch Road, Brown Edge, Stoke-on-trent, Staffordshire ST6 8QX2
£218K11/231.07 mi18, Brownhill Road, Brown Edge, Stoke-on-trent, Staffordshire ST6 8QY2
£250K08/231.1 mi2, Newfold Crescent, Brown Edge, Stoke-on-trent, Staffordshire ST6 8QZ2
£438K01/231.15 miOld Police House, Clewlows Bank, Bagnall, Stoke-on-trent, Staffordshire ST9 9LP2
£345K04/241.15 miLinley, Clewlows Bank, Bagnall, Stoke-on-trent, Staffordshire ST9 9LP2
£182K11/221.2 mi7, Baddeley Green Lane, Stoke-on-trent ST2 7LL2
£390K05/211.24 miPoole House, The Green, Baddeley Green, Stoke-on-trent ST2 7HF2
£192.5K02/231.24 mi15, Quarry Close, Stockton Brook, Stoke-on-trent ST9 9PH2
£172.5K10/231.24 mi8, Quarry Close, Stockton Brook, Stoke-on-trent ST9 9PH2
£210K03/231.26 miEast View, Church Road, Brown Edge, Stoke-on-trent, Staffordshire ST6 8TB2
£112K09/231.31 mi948, Leek New Road, Stoke-on-trent ST2 7HG2
£110K03/231.36 mi14, Felstead Street, Stoke-on-trent ST2 7HJ2
£135K09/231.37 mi951, Leek New Road, Stoke-on-trent ST2 7HQ2
£90K03/211.37 mi5, Felsted Street, Stoke-on-trent ST2 7HJ2
£94.3K09/211.39 mi39, Lockwood Street, Stoke-on-trent ST2 7HN2
£115K01/241.41 mi26, Lockwood Street, Stoke-on-trent ST2 7HN2
£126K09/231.41 mi10, Lockwood Street, Stoke-on-trent ST2 7HN2
£145K05/211.41 mi6, Trent Terrace, Stoke-on-trent ST6 8PE2
£125K05/231.44 mi8, Leonard Avenue, Baddeley Green, Stoke-on-trent ST2 7HW2
£145K02/211.48 mi14, Clive Avenue, Stoke-on-trent ST2 7HR2
£120K05/211.48 mi12, Foundry Square, Stoke-on-trent ST6 8PB2
£182.5K11/231.51 mi82, Malcolm Close, Stoke-on-trent ST2 7HU2
£125K01/211.51 mi179, Endon Road, Stoke-on-trent ST6 8NW2
£125K04/231.51 mi175, Endon Road, Stoke-on-trent ST6 8NW2
£176.3K02/211.56 mi113, Baddeley Green Lane, Stoke-on-trent ST2 7JL2

Local Rents

48 rents from £495/mo to £4.3K/mo, average is £863/mo.

RentDateDistanceAddressBeds 
£90009/240.23 miBasnetts Wood, Endon, Stoke-on-Trent, Staffordshire, ST93
£95009/240.41 miRailway Court, Endon2
£2,40009/240.43 miLeek Road, Endon, Staffordshire6
£4,25009/240.61 miBeaumont House, Church Lane, Endon, Stoke On Trent, Staffordshire, ST95
£90009/240.74 miPoolfields Court, Brown Edge, Stoke-on-Trent, Staffordshire, ST63
£1,50009/240.77 mi-4
£1,50009/240.78 miLeek New Road, Stockton Brook, ST94
£1,50009/240.85 miHigh View, Parkway, Brown Edge, Staffordshire, ST64
£1,50009/240.91 miThe Old Post Office, The Village, Endon3
£87504/250.95 mi-2
£1,60009/241.02 miHigh View, Parkway, Brown Edge, Staffordshire, ST64
£67010/241.37 mi-2
£79509/241.39 mi-2
£79510/241.39 mi-2
£85012/241.41 mi-2
£85012/241.41 mi-2
£68010/241.43 mi-2
£60009/241.5 miGilman Avenue, Stoke-on-Trent, Staffordshire, ST21
£95007/241.65 mi-3
£3,20009/241.68 mi-3
£3,20012/241.68 mi-3
£49509/241.92 miLeek Road Milton1
£1,05002/251.92 mi-3
£97504/251.93 mi-3
£55009/241.95 miLincoln Court, Knypersley Road1
£72512/241.96 mi-2
£57502/241.98 mi-2
£62509/242.03 miWilliamson Avenue, Ball Green, Stoke-on-Trent2
£80001/252.04 mi-3
£85012/242.1 mi-2
£87501/252.21 mi-3
£1,95009/242.22 mi-2
£75010/242.23 mi-2
£65009/242.23 miHayeswood Grove; Stoke-on-Trent; ST62
£80009/242.23 miHayeswood Grove, Norton Heights3
£72509/242.25 miBarks Drive, Norton, Stoke-On-Trent3
£95009/242.27 miBlithfield Way, Stoke-On-Trent, ST63
£95009/242.27 mi-3
£99511/242.31 mi-3
£77502/252.37 mi-2
£77502/252.37 mi-2
£80003/252.37 mi-2
£1,10012/242.39 mi-3
£79509/242.39 miUplands Road, Stoke-on-Trent2
£70009/242.4 miBurtree Drive, Norton Heights2
£82509/242.42 miUplands Road, Stoke-On-Trent3
£1,70009/242.48 mi-3
£97509/242.48 mi-3

Local Area Statistics

Population in ST9

11,933

Population in Stoke-on-Trent

347,755

Town centre distance

2.87 miles away

Nearest school

0.10 miles away

Nearest train station

4.63 miles away

 

 

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+24%

Property History

Price changed to £240,000

January 23, 2025

Listed for £245,000

September 19, 2024

Floor Plans

Description

  • 2 bedroom detached bungalow +
  • Elevated corner plot with far reaching views +
  • Quiet cul-de-sac location +
  • Driveway and garage +
  • Good size conservatory +
  • Ready and waiting to make it into a lovely home +

This spacious bungalow is situated on a generous plot, offering endless potential for improvement. With a garage, driveway, and ample room for expansion.

Located in the picturesque village of Endon, this bungalow enjoys the tranquillity of the countryside while being within easy reach of local amenities.

The property sits on a substantial plot, providing ample space for landscaping, extensions (STPP), or even a garden oasis.

Hallway

The properties entrance provides privacy with a hallway, which grants access to the whole property.

Lounge

Step into the spacious lounge bathed in natural light. Large windows offer panoramic views of the property's sprawling grounds, creating a welcoming and inviting atmosphere. This versatile space is ready to be reimagined to suit your style and preferences.

Kitchen

The heart of the home, the kitchen, awaits your creative touch. With ample space for upgrades and renovations, you have the opportunity to design a culinary haven that meets your culinary needs.

Bedroom 1

This comfortable bedroom provides a peaceful retreat for relaxation. The generous window allows sunlight to stream in, creating a warm and comforting ambiance.

Bedroom 2

The second bedroom offers the same potential as the rest of the property. With a view of the surrounding greenery, it's a serene space that can be tailored to your preferences. Whether it becomes a guest room, home office, or creative studio.

Conservatory

Accessed from the kitchen, the conservatory presents an enchanting space where you can connect with the outdoors while staying sheltered. This versatile extension could serve as a sunlit dining area, a tranquil reading nook, or a vibrant indoor garden.

Garage

A perfect space for DIY enthusiasts or those seeking additional storage, the garage offers ample room to accommodate your needs. With the convenience of an attached driveway, you'll have plenty of space for vehicles, tools, and more.

Garden and Surroundings

Gorgeous gardens to the rear provide a very special far reaching view, with ample space to the rear and front, this plot really is a gardeners paradise!

This bungalow's rooms hold boundless possibilities for renovation and personalization. Each room offers a canvas on which you can create a living environment tailored to your unique tastes and requirements. The expansive plot and versatile spaces make this property an exceptional opportunity for those ready to turn their vision into reality. Contact us today to explore the potential first-hand!

Council Tax Band: D
Tenure: Freehold

Agent Details

Mark Buxton Estate Agents, Newcastle Under Lyme

01782 493659

Next Steps?

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