2 Bed Detached House, Refurb/BRRR, Stoke-on-Trent, ST2 7BH, £170,000

Woodside Place, Milton, Stoke-on-Trent, ST2 7BH - 3 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~68 m²
+15 photos

ValuationOvervalued

Sold Prices£73.5K - £370K
Sold Prices/m²£1.1K/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£119,000

 

 

End Value (After Refurb)

£151,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Refurb Costs

£27,943

Bridging Loan Interest

£4,463

Total Cash In

£82,955

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£151,500

Mortgage (After Refinance)

£113,625

Mortgage LTV

75%

Cash Left In

£82,955

Equity

£37,875

Rent Range

£650 - £1,950

Rent Estimate

£851

Running Costs/mo

£664

Cashflow/mo

£187

Cashflow/yr

£2,248

ROI

3%

Gross Yield

6%

Local Sold Prices

51 sold prices from £73.5K to £370K, average is £153K. £1.1K/m² to £4.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£120K07/230.04 mi22, Bagnall Road, Stoke-on-trent ST2 7AZ2
£136K11/200.1 mi4, Haslemere Avenue, Stoke-on-trent ST2 7AU2
£150K11/210.1 mi34, Haslemere Avenue, Stoke-on-trent ST2 7AU2
£175K02/210.11 mi27, Haslemere Avenue, Stoke-on-trent ST2 7AT2
£130K02/210.11 mi37, Haslemere Avenue, Stoke-on-trent ST2 7AT2
£140K01/210.12 mi2, Norbury Avenue, Stoke-on-trent ST2 7BJ2
£135K10/230.13 mi13, Highton Street, Stoke-on-trent ST2 7BA2
£136K08/230.13 mi11, Highton Street, Stoke-on-trent ST2 7BA2
£131K11/220.14 mi94, Bagnall Road, Stoke-on-trent ST2 7AZ2
£115K02/240.14 mi1798, Leek Road, Stoke-on-trent ST2 7AF2
£115K12/210.16 mi16, Easters Grove, Stoke-on-trent ST2 7PF2
£215K10/230.18 mi4, Celandine Close, Stoke-on-trent ST2 7PY2
£135K02/240.19 mi28, Meadow Street, Stoke-on-trent ST2 7BP2
£156K04/210.2 mi1779, Leek Road, Stoke-on-trent ST2 7AD2
£108K10/210.2 mi1859, Leek Road, Stoke-on-trent ST2 7AD2
£168K01/210.2 mi17, Netherton Grove, Stoke-on-trent ST2 7NL2
£153K05/210.2 mi12, Netherton Grove, Stoke-on-trent ST2 7NL2
£224.3K12/220.2 mi37, Netherton Grove, Stoke-on-trent ST2 7NL2
£135.1K01/210.2 mi28, Kilsby Grove, Stoke-on-trent ST2 7PG2
£151.5K10/210.2 mi10, Kilsby Grove, Stoke-on-trent ST2 7PG2
£185K10/210.2 mi6, Kilsby Grove, Stoke-on-trent ST2 7PG2
£215K11/220.2 mi6, Kilsby Grove, Stoke-on-trent ST2 7PG2
£184K02/230.2 mi20, Netherton Grove, Stoke-on-trent ST2 7NL2
£105.5K07/210.21 mi5, Woodman Street, Stoke-on-trent ST2 7BS2
£97K09/210.21 mi9, Woodman Street, Stoke-on-trent ST2 7BS2
£205K01/210.21 mi30, Sunnyfield Oval, Stoke-on-trent ST2 7PA2
£254.1K06/230.21 mi39, Sunnyfield Oval, Stoke-on-trent ST2 7PA2
£190K11/210.21 mi67, Sunnyfield Oval, Stoke-on-trent ST2 7PA2
£144.9K09/210.22 mi34, Newmill Street, Stoke-on-trent ST2 7DJ2
£195K02/230.22 mi1807, Leek Road, Stoke-on-trent ST2 7AD2
£140K08/210.25 mi11, Newmill Street, Stoke-on-trent ST2 7DQ2
£149.9K11/200.26 mi8, Field Avenue, Stoke-on-trent ST2 7AS2
£205K02/240.27 mi12, Gayton Avenue, Stoke-on-trent ST2 7BU2
£210K12/220.29 mi20, Dorrington Close, Stoke-on-trent ST2 7BZ2
£136K10/200.31 mi153, Millrise Road, Stoke-on-trent ST2 7DW2
£140K04/230.32 mi153, Millrise Road, Stoke-on-trent ST2 7DW2
£157K06/210.33 mi31, Millfield Crescent, Stoke-on-trent ST2 7DF2
£177.5K10/200.33 mi45, Wallis Way, Stoke-on-trent ST2 7DB2
£370K08/230.34 mi148, Bagnall Road, Stoke-on-trent ST2 7LW2
£180K10/230.34 mi145, Bagnall Road, Stoke-on-trent ST2 7LW2
£180K10/230.34 mi145, Bagnall Road, Stoke-on-trent ST2 7LW2
£190K09/210.37 mi20, Wallis Way, Stoke-on-trent ST2 7JQ2
£176.3K02/210.39 mi113, Baddeley Green Lane, Stoke-on-trent ST2 7JL2
£210K05/230.39 mi4, Braithwell Drive, Stoke-on-trent ST2 7NT2
£200K08/230.39 mi10, Braithwell Drive, Stoke-on-trent ST2 7NT2
£185K06/210.4 mi8, Trentfields Road, Stoke-on-trent ST2 7JF2
£195K10/230.42 mi6, Cranborne Avenue, Stoke-on-trent ST2 7JE2
£151.2K09/230.42 mi1757, Leek Road, Stoke-on-trent ST2 7AA2
£120K02/210.42 mi24, Hardman Street, Stoke-on-trent ST2 7ET2
£110K06/210.42 mi18, Hardman Street, Stoke-on-trent ST2 7ET2
£73.5K04/210.43 mi10, Shotsfield Street, Stoke-on-trent ST2 7EU2

Local Rents

15 rents from £650/mo to £1.9K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£85012/240.45 mi-2
£67010/240.57 mi-2
£79509/240.58 mi-2
£79510/240.58 mi-2
£79509/240.6 miUplands Road, Stoke-on-Trent2
£68010/240.67 mi-2
£75010/240.72 mi-2
£65009/240.8 miHayeswood Grove; Stoke-on-Trent; ST62
£1,95009/241.04 mi-2
£85004/251.11 mi-2
£70009/241.14 miBurtree Drive, Norton Heights2
£72509/241.17 miDiana Road, Stoke-on-Trent2
£77502/251.23 mi-2
£77502/251.23 mi-2
£80003/251.23 mi-2

Local Area Statistics

Population in ST2

34,047

Population in Stoke-on-Trent

347,755

Town centre distance

1.11 miles away

Nearest school

0.10 miles away

Nearest train station

3.31 miles away

 

 

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £170,000

November 12, 2024

Floor Plans

Description

  • TWO BED COTTAGE FOR SALE +
  • PERFECT RENOVATION PROJECT +
  • SOUGHT-AFTER LOCATION +
  • LARGE LOUNGE +
  • FITTED KITCHEN +
  • SEPARATE DINING ROOM +
  • LAUNDRY ROOM AND DOWNSTAIRS WC +
  • TWO DOUBLE BEDROOMS +
  • BATHROOM WITH DOUBLE SHOWER AND BATH +
  • GREAT-SIZED REAR GARDEN AND PARKING TO THE SIDE +

Explore the tranquillity of Woodside Place where a hidden treasure awaits you! We are excited to present this CHARMING TWO-BEDROOM COTTAGE for sale, ideal for a renovation project in a HIGHLY DESIRABLE LOCATION. This property offers the perfect opportunity to add your personal touch and customise it to your liking. Step inside through the PORCH to a SPACIOUS LOUNGE, leading to a FITTED KITCHEN overlooking the rear garden and a separate DINING ROOM. Completing the ground floor is a convenient LAUNDRY ROOM and a DOWNSTAIRS WC. Upstairs, you'll find TWO DOUBLE BEDROOMS with fitted wardrobes, a BATHROOM featuring a double shower and bath, along with an adjacent separate WC. The external features include an EXTENDABLE REAR GARDEN, a detached GARAGE, and privacy with no overlooking neighbours. The front boasts a gate with a paved path and side OFF-ROAD PARKING. CONTACT SAMUEL MAKEPEACE BESPOKE ESTATE AGENTS TODAY TO SECURE YOUR FUTURE HOME!
Room Details
Interior
Ground Floor
Porch Single door to the side aspect and tiled flooring. Lounge Double glazed door to the front aspect, fireplace and radiator. KitchenDouble glazed window to the rear aspect, fitted wall and base cupboards, Dining Room Double glazed window to the front aspect, fireplace, laminate wood flooring and radiator.Laundry Room Single glazed window to the rear aspect and door, space for a washing machine and tiled flooring.WCDouble glazed window to the side aspect, low-level WC, hand wash basin, part tiled walls and tiled flooring, radiator.
First Floor
LandingLoft access.Bedroom OneTwo double glazed windows one to the front aspect and one to the rear, fitted wardrobes, cupboard and radiator. Bedroom Two Double glazed window to the front aspect, fitted wardrobes and radiator. BathroomDouble glazed window, double shower cubicle, bath, hand wash basin and tiled walls. WCDouble glazed window low-level WC and tiled walls.
Exterior
Front Garden Gated with a paved path. Rear Garden Paved area, lawn area and decorative shrubs. GarageDetached garage.

Agent Details

Samuel Makepeace Estate Agents, Stoke-on-Trent

01782 890765

Next Steps?

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