2 Bed Flat, Single Let, Stoke-on-Trent, ST1 3RN, £80,000

Poundlock Avenue, Hanley, Stoke-on-Trent, ST1 3RN - 1 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 11%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£42K - £197K
Sold Prices/m²£595/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£98,400
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£450 - £2,900

Rent Estimate

£600

Running Costs/mo

£390

Cashflow/mo

£210

Cashflow/yr

£2,520

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £42K to £197K, average is £90K. £595/m² to £3.1K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£125K04/230 mi51, Lock Keepers Way, Stoke-on-trent ST1 3NS2
£81K06/230 mi27, Lock Keepers Way, Stoke-on-trent ST1 3NS2
£125K08/230 mi55, Lock Keepers Way, Stoke-on-trent ST1 3NS2
£97.5K04/210.29 mi3, Regal Way, Stoke-on-trent ST1 3GD2
£65K04/210.31 mi54, Crownford Avenue, Stoke-on-trent ST1 3DG2
£76.5K12/220.32 mi35, Wilton Court, Stoke-on-trent ST1 3GW2
£72K10/230.32 mi77, Ambassador Road, Stoke-on-trent ST1 3DN2
£65K05/210.32 mi79, Ambassador Road, Stoke-on-trent ST1 3DN2
£44K12/230.32 mi41, Wilton Court, Stoke-on-trent ST1 3GW2
£125K08/230.33 mi20, Crownford Avenue, Stoke-on-trent ST1 3DG2
£65K04/210.34 mi52, Crownford Avenue, Stoke-on-trent ST1 3DG2
£98K09/230.37 mi83, Eastwood Road, Stoke-on-trent ST1 3TJ2
£165K01/210.67 mi123, Kettering Drive, Stoke-on-trent ST2 9ND2
£98K10/230.69 miApartment 2, Ash House, Birches Rise, Stoke-on-trent ST1 2JR2
£100K03/230.71 mi10, Caldon Quay, Stoke-on-trent ST1 3DT2
£197K05/210.79 mi36, Willeton Street, Stoke-on-trent ST2 9JA2
£115K01/210.87 mi177, Ridgway Road, Stoke-on-trent ST4 2BY2
£104.5K05/231.05 mi310, Werrington Road, Stoke-on-trent ST2 9AU2
£42K04/231.11 mi33, Stansgate Place, Stoke-on-trent ST1 5DS2
£78K11/201.36 mi85, Hartley Court, Stoke-on-trent ST4 7GG2
£85K03/231.36 mi40, Hartley Court, Stoke-on-trent ST4 7GG2
£78K11/201.36 mi85, Hartley Court, Stoke-on-trent ST4 7GG2
£92.5K12/231.36 mi79, Hartley Court, Stoke-on-trent ST4 7GG2
£75K08/211.38 mi23, Tattershall Court, Stoke-on-trent ST4 7GH2
£88K06/231.38 mi5, Tattershall Court, Stoke-on-trent ST4 7GH2
£80K08/241.38 mi28, Tattershall Court, Stoke-on-trent ST4 7GH2
£75K12/201.38 mi18, Tattershall Court, Stoke-on-trent ST4 7GH2
£90K12/231.38 mi26, Tattershall Court, Stoke-on-trent ST4 7GH2
£95K08/241.38 mi2, Tattershall Court, Stoke-on-trent ST4 7GH2
£95K06/241.4 mi54, Penstock Drive, Stoke-on-trent ST4 7GF2
£74K02/211.4 mi70, Penstock Drive, Stoke-on-trent ST4 7GF2
£89K03/241.4 mi2, Penstock Drive, Stoke-on-trent ST4 7GF2
£85K09/221.4 mi49, Penstock Drive, Stoke-on-trent ST4 7GF2
£85K12/201.51 miApartment 8, Etruria Court, Humbert Road, Stoke-on-trent ST1 5PW2
£93K12/221.51 miApartment 33, Etruria Court, Humbert Road, Stoke-on-trent ST1 5PW2
£93.5K02/211.6 mi119, Hartshill Road, Stoke-on-trent ST4 7LU2
£98K10/221.63 mi39, Tolkien Way, Stoke-on-trent ST4 7SJ2
£103K12/221.63 mi23, Tolkien Way, Stoke-on-trent ST4 7SJ2
£103.8K02/211.63 mi117, Tolkien Way, Stoke-on-trent ST4 7SJ2
£100K06/211.63 mi39, Tolkien Way, Stoke-on-trent ST4 7SJ2
£110K03/211.75 mi15, Quarry Avenue, Stoke-on-trent ST4 7EW2
£83K10/221.81 mi60, Pool Street, Stoke-on-trent ST4 2PB2
£165K04/241.81 mi18, West Avenue, Stoke-on-trent ST4 7EU2
£93K10/201.85 miApartment 48, Elizabeth House, Scholars Court, Stoke-on-trent ST4 7DW2
£124K10/221.85 miApartment 1, Catherine House, Scholars Court, Stoke-on-trent ST4 7DW2
£88K11/201.94 mi32, Hayeswood Grove, Stoke-on-trent ST6 8GG2
£80K11/211.94 mi7, Hayeswood Grove, Stoke-on-trent ST6 8GG2
£88K11/201.94 mi32, Hayeswood Grove, Stoke-on-trent ST6 8GG2
£90K02/211.94 mi14, Hayeswood Grove, Stoke-on-trent ST6 8GG2
£90K10/211.94 mi22, Hayeswood Grove, Stoke-on-trent ST6 8GG2

Local Rents

44 rents from £450/mo to £2.9K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£2,50009/240 mi-2
£69502/240.11 mi-2
£72509/240.11 mi-2
£69003/250.11 mi-2
£66004/250.12 mi-2
£75012/240.14 mi-2
£60002/240.15 mi-2
£1,00009/240.19 mi-2
£80009/240.29 mi-2
£85010/240.29 mi-2
£69502/250.3 mi-2
£65009/240.33 miEastbourne Road, Stoke-on-Trent, Staffordshire, ST12
£92510/240.37 mi-2
£85012/240.39 mi-2
£89502/250.44 mi-2
£89502/250.44 mi-2
£77509/240.45 miNew Bernard Street, Hanley2
£65009/240.46 miBirch Street, Northwood, Stoke-on-Trent, ST12
£70002/240.47 mi-2
£61509/240.48 miBaskerville Road, Stoke-On-Trent2
£70012/230.48 mi-2
£65004/250.49 mi-2
£72509/240.5 mi-2
£75001/240.5 mi-2
£75010/240.5 mi-2
£67510/240.52 mi-2
£79512/240.53 mi-2
£65009/240.53 mi-2
£77503/250.53 mi-2
£67511/240.54 mi-2
£46510/240.54 mi-2
£45003/250.54 mi-2
£45004/250.54 mi-2
£60009/240.54 miLower Mayer street, ST12
£67509/240.57 mi-2
£67504/250.58 mi-2
£75003/250.58 mi-2
£2,90001/240.6 mi-2
£2,90010/240.6 mi-2
£2,50010/240.61 mi-2
£2,50010/240.61 mi-2
£85002/250.61 mi-2
£74011/240.61 mi-2
£67509/240.61 miBold Street, Northwood2

Local Area Statistics

Population in ST1

29,532

Population in Stoke-on-Trent

347,755

Town centre distance

1.19 miles away

Nearest school

0.30 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £80,000

October 8, 2024

Floor Plans

Description

  • No Chain +
  • 2 Bed apartment +
  • Leasehold +
  • Immaculately Presented +
  • Council Tax band A +
  • EPC rating C (73) +

BRAMPTONS have for sale with no upward chain this glorious and immaculately presented duplex apartment positioned close to Hanley town centre and within easy reach of major commuter links. Located on the first floor the accommodation is over two levels and briefly comprises of a welcoming entrance hall, two double sized bedrooms, pleasant bathroom and fantastic open plan living room / kitchen area. Externally there is allocated parking to the rear and communal bin stores. Viewings essential to appreciate.

Entrance Hall.
Double glazed door to front, laminate wood effect flooring, under stairs store cupboard, radiator and ceiling light fitting. Stairs off and up to open plan lounge/kitchen area.

Bedroom 1. 2.93m (9' 7") x 2.41m (7' 11")
Upvc double glazed window to side, laminate wood effect flooring, radiator and ceiling light fitting.

Bedroom 2. 2.87m (9' 5") x 2.43m (8' 0")
Upvc double glazed french doors to rear, laminate wood effect flooring, radiator and ceiling light fitting.

Bathroom. 1.80m (5' 11") x 1.79m (5' 10")
Suite comprising of low level w.c, wash hand basin with mixer tap and panelled bath with mixer tap / shower over. Finished with vinyl to floor, tiled splash backs, extractor fan and ceiling light fitting. Upvc double glazed window to rear.

Open Plan Lounge / Kitchen. 5.85m (19' 2") x 4.36m (14' 4")
Lounge area has Upvc double glazed french doors to side, Upvc double glazed window to side, vinyl flooring throughout, radiators and ceiling light fittings.

Open Plan Lounge / Kitchen - Additional Photo.
Kitchen area has Upvc double glazed windows to side, base units with contrasting roll edge worktop, stainless steel sink with mixer tap, built in single oven with electric hob and spotlights to ceiling.

Exterior.
Externally there is a residents car park located to the rear of the building. We have been advised by our vendors that its parking bay number 9 that comes with the property.

Leasehold Information.
We have been advised by our vendor of the following information. We advise any potential buyer to get these confirmed via their acting solicitor before proceeding with the purchase.

£316 pcm to LSH (property management company)
The cost includes heating, water, building insurance, building maintenance.
£110 pcm Council tax.
£135 per annum Leasehold.

Viewing Arrangements.
Strictly by appointment only through Bramptons Estate Agents.

Fixtures & Fittings.
All measurements are approximate. The fixtures and fittings will be agreed by the seller.

Finance.
Independent Mortgage Advice is available through Bramptons Mortgage Centre.

Sales Particulars.
We endeavour to make our sales particulars accurate and reliable but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Any information given by us in these sales details or otherwise is given without responsibility on our part. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information, which we provide, about the property is verified by yourself and your advisers. Please contact us before viewing the property if there is any point of particular importance to you we will be pleased to provide additional information or to make further enquiries. We will also confirm that the property remains available this is particularly important if you are contemplating travelling some distance to view the property.

Agent Details

Bramptons, Newcastle-under-Lyme

01782 493085

Next Steps?

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