3 Bed Bungalow, Refurb/BRRR, Stoke-on-Trent, ST9 9PD, £285,000

The Green, Stockton Brook, ST9 9PD 9PD. - 6 months ago

Refurb/BRRR
ROI: 2%
~93 m²
+22 photos

ValuationOvervalued

Sold Prices£85K - £387K
Sold Prices/m²£1.1K/m² - £7K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£202,692

 

 

End Value (After Refurb)

£230,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£19,700

Refurb Costs

£38,000

Bridging Loan Interest

£7,481

Total Cash In

£138,181

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£230,500

Mortgage (After Refinance)

£172,875

Mortgage LTV

75%

Cash Left In

£138,181

Equity

£57,625

Rent Range

£725 - £3,200

Rent Estimate

£1,277

Running Costs/mo

£996

Cashflow/mo

£281

Cashflow/yr

£3,375

ROI

2%

Gross Yield

5%

Local Sold Prices

51 sold prices from £85K to £387K, average is £170K. £1.1K/m² to £7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£169.9K05/210.13 mi958, Leek New Road, Stoke-on-trent ST2 7HG3
£115K02/210.23 mi30, Lockwood Street, Stoke-on-trent ST2 7HN3
£155K06/210.23 mi13, Lockwood Street, Stoke-on-trent ST2 7HN3
£85K06/210.23 mi46, Lockwood Street, Stoke-on-trent ST2 7HN3
£355K05/210.23 mi35, Percival Drive, Stockton Brook, Stoke-on-trent ST9 9PE3
£144.9K12/200.23 mi70, Baddeley Green Lane, Stoke-on-trent ST2 7HD3
£153K08/210.23 mi72, Baddeley Green Lane, Stoke-on-trent ST2 7HD3
£325K02/230.26 mi42, Rosewood Avenue, Stockton Brook, Stoke-on-trent ST9 9PA3
£152.5K10/210.26 mi33, Leonard Avenue, Baddeley Green, Stoke-on-trent ST2 7HW3
£151K11/210.27 mi7, Brookfield Road, Stoke-on-trent ST2 7LQ3
£175K01/230.28 mi7, Brookfield Road, Stoke-on-trent ST2 7LQ3
£177K05/210.28 mi1004, Leek New Road, Stockton Brook, Stoke-on-trent ST9 9NX3
£168K11/200.29 mi21, Clive Avenue, Stoke-on-trent ST2 7HR3
£180K03/210.3 mi40, Royal Way, Stoke-on-trent ST2 7QB3
£160K04/210.3 mi35, Royal Way, Stoke-on-trent ST2 7QB3
£231K07/210.3 mi25, Royal Way, Stoke-on-trent ST2 7QB3
£189K12/200.31 mi2, Beswick Brook Close, Stoke-on-trent ST2 7QE3
£150K12/200.32 mi96, Baddeley Green Lane, Stoke-on-trent ST2 7HB3
£230K04/240.32 mi29, Shaldon Avenue, Stockton Brook, Stoke-on-trent ST9 9PU3
£215K05/230.32 mi836, Leek New Road, Stoke-on-trent ST2 7HP3
£203.5K01/240.32 mi852, Leek New Road, Stoke-on-trent ST2 7HP3
£160K08/230.33 mi56, Baker Crescent South, Stoke-on-trent ST2 7JU3
£172K10/230.33 mi45, Baker Crescent South, Stoke-on-trent ST2 7JU3
£172K10/230.33 mi45, Baker Crescent South, Stoke-on-trent ST2 7JU3
£125K04/210.34 mi5, Hillside Road, Stoke-on-trent ST2 7LF3
£138K02/210.34 mi9, Hillside Road, Stoke-on-trent ST2 7LF3
£219.9K05/210.34 mi61, Nursery Avenue, Stockton Brook, Stoke-on-trent ST9 9NY3
£260K01/230.35 mi81, Nursery Avenue, Stockton Brook, Stoke-on-trent ST9 9NY3
£212.5K03/210.35 mi31, Malcolm Close, Stoke-on-trent ST2 7HX3
£322.5K02/240.37 mi22, Brentwood Grove, Stockton Brook, Stoke-on-trent ST9 9NQ3
£105K06/210.38 mi10, Edge View Road, Stoke-on-trent ST2 7JX3
£142K11/210.38 mi32, Edge View Road, Stoke-on-trent ST2 7JX3
£157.5K05/230.39 mi15, Gilman Avenue, Stoke-on-trent ST2 7JP3
£195K06/230.39 mi36, Gilman Avenue, Stoke-on-trent ST2 7JP3
£172K11/200.4 mi29, Quarry Close, Stockton Brook, Stoke-on-trent ST9 9PH3
£170K06/210.4 mi21, Quarry Close, Stockton Brook, Stoke-on-trent ST9 9PH3
£147K12/200.4 mi4, Parkview Grove, Stoke-on-trent ST2 7NY3
£195K03/230.42 mi14, Stanley Grove, Stoke-on-trent ST2 7JA3
£275K05/230.42 mi35, Stoneyfields Avenue, Stoke-on-trent ST2 7JN3
£200K05/230.42 mi36, Stoneyfields Avenue, Stoke-on-trent ST2 7JN3
£116.5K11/200.42 mi20, Crestway Road, Stoke-on-trent ST2 7LD3
£90K07/210.42 mi34, Crestway Road, Stoke-on-trent ST2 7LD3
£110K06/230.42 mi19, Crestway Road, Stoke-on-trent ST2 7LD3
£200K01/240.45 mi126, Baddeley Green Lane, Stoke-on-trent ST2 7HA3
£222.5K02/230.45 mi31, Malstone Avenue, Stoke-on-trent ST2 7NN3
£105.5K06/210.46 mi8, Baddeley Hall Road, Stoke-on-trent ST2 7JZ3
£160K08/230.46 mi23, Baddeley Hall Road, Stoke-on-trent ST2 7JZ3
£212.5K11/220.47 mi8, Malstone Avenue, Stoke-on-trent ST2 7NN3
£167K09/230.47 mi46, Malstone Avenue, Stoke-on-trent ST2 7NN3
£166K10/210.47 mi35, Trentfield Road, Stoke-on-trent ST2 7JH3
£387K01/230.49 mi1056, Leek New Road, Stockton Brook, Stoke-on-trent ST9 9NT3

Local Rents

14 rents from £725/mo to £3.2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,05002/250.7 mi-3
£97504/250.71 mi-3
£3,20009/240.72 mi-3
£3,20012/240.72 mi-3
£95007/240.98 mi-3
£80009/241 miHayeswood Grove, Norton Heights3
£90009/241.05 miBasnetts Wood, Endon, Stoke-on-Trent, Staffordshire, ST93
£95009/241.06 miBlithfield Way, Stoke-On-Trent, ST63
£95009/241.06 mi-3
£90009/241.09 miPoolfields Court, Brown Edge, Stoke-on-Trent, Staffordshire, ST63
£99511/241.12 mi-3
£1,10012/241.19 mi-3
£72509/241.23 miBarks Drive, Norton, Stoke-On-Trent3
£87501/251.23 mi-3

Local Area Statistics

Population in ST9

11,933

Population in Stoke-on-Trent

347,755

Town centre distance

1.65 miles away

Nearest school

0.40 miles away

Nearest train station

3.48 miles away

 

 

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+24%

Property History

Price changed to £285,000

March 24, 2025

Price changed to £300,000

December 27, 2024

Listed for £325,000

October 14, 2024

Floor Plans

Description

  • Detached bungalow +
  • 3 bedrooms +
  • Separate dining room +
  • Driveway +
  • Situated within a private road +
  • Low maintenace garden +
  • Ripe for renovation +
  • NO CHAIN! +

Selling with NO CHAIN, Whittaker & Biggs are pleased to offer to the market this three bedroom detached bungalow which is situated within a private road in a sought after location.
The property is comprised of a sitting room, kitchen, shower room, dining room and three bedrooms.
An oil fired boiler with warm air system heats the property, there is mains electricity but no gas supply.
The kitchen has French doors to the rear garden and the shower room has contemporary fittings and inset ceiling spotlights.
Externally, the rear garden is mainly laid to gravel with a paved patio, well stocked borders and a timber summer house.
To the frontage is a tarmacadam driveway suitable for several vehicles.
A viewing is highly recommended to appreciate this home's further potential, low maintenance garden and private location.

Agent Details

Whittaker & Biggs, Leek

01535 288233

Next Steps?

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

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