2 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST1 6LL, £80,000

Birches Head Road, Birches Head, Stoke-on-Trent, ST1 6LL - 7 views - 5 months ago

Refurb/BRRR
ROI: 10%
~68 m²
+3 photos

ValuationFair Value

Sold Prices£64K - £165K
Sold Prices/m²£696/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£80,750

 

 

End Value (After Refurb)

£95,750

Uplift in Value

+-4%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£27,600

Bridging Loan Interest

£2,100

Total Cash In

£55,650

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£95,750

Mortgage (After Refinance)

£71,813

Mortgage LTV

75%

Cash Released

£11,813

Cash Left In

£43,838

Equity

£23,938

Rent Range

£450 - £2,760

Rent Estimate

£1,019

Running Costs/mo

£523

Cashflow/mo

£496

Cashflow/yr

£5,952

ROI

11%

Gross Yield

15%

Local Sold Prices

52 sold prices from £64K to £165K, average is £100K. £696/m² to £2.8K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£77K06/210.02 mi98, Birches Head Road, Stoke-on-trent ST1 6LJ2
£105K09/230.03 mi66, Acton Street, Stoke-on-trent ST1 6NU2
£64K02/230.04 mi17, Harrop Street, Stoke-on-trent ST1 2NA2
£125K02/230.04 mi40, Barthomley Road, Stoke-on-trent ST1 6NR2
£81K12/230.04 mi22, Barthomley Road, Stoke-on-trent ST1 6NR2
£94K01/210.05 mi77, Burnley Street, Stoke-on-trent ST1 6NT2
£91K11/230.05 mi47, Burnley Street, Stoke-on-trent ST1 6NT2
£91K11/230.05 mi47, Burnley Street, Stoke-on-trent ST1 6NT2
£67.5K01/210.06 mi37, Barthomley Road, Stoke-on-trent ST1 6NS2
£100K10/210.06 mi45, Barthomley Road, Stoke-on-trent ST1 6NS2
£109K05/230.06 mi15, Barthomley Road, Stoke-on-trent ST1 6NS2
£127K08/230.06 mi107, Moston Street, Stoke-on-trent ST1 2LX2
£106K11/210.08 mi47, Barthomley Road, Stoke-on-trent ST1 6NS2
£105K06/230.08 mi6, Rhodes Street, Stoke-on-trent ST1 2LY2
£105K06/230.08 mi6, Rhodes Street, Stoke-on-trent ST1 2LY2
£90K12/200.08 mi114, Moston Street, Stoke-on-trent ST1 2LT2
£112K11/210.08 mi80, Moston Street, Stoke-on-trent ST1 2LT2
£95K07/210.09 mi10, Chorlton Road, Stoke-on-trent ST1 6NG2
£80K01/210.12 mi14, Hammersley Street, Stoke-on-trent ST1 6LW2
£117K02/210.12 mi162, Birches Head Road, Stoke-on-trent ST1 6LN2
£154K07/210.12 mi92, Gleneagles Crescent, Stoke-on-trent ST1 6NF2
£79K03/210.12 mi64, Oak Street, Stoke-on-trent ST1 2NB2
£96K06/210.12 mi52, Oak Street, Stoke-on-trent ST1 2NB2
£100K07/230.12 mi62, Oak Street, Stoke-on-trent ST1 2NB2
£76.5K12/230.12 mi100, Oak Street, Stoke-on-trent ST1 2NB2
£85K05/240.12 mi88, Oak Street, Stoke-on-trent ST1 2NB2
£105K12/230.13 mi137, Birches Head Road, Stoke-on-trent ST1 6ND2
£76K10/200.13 mi37, Campbell Terrace, Stoke-on-trent ST1 6LR2
£92.5K10/210.13 mi19, Campbell Terrace, Stoke-on-trent ST1 6LR2
£100K03/230.13 mi13, Campbell Terrace, Stoke-on-trent ST1 6LR2
£100K09/230.13 mi83, Campbell Terrace, Stoke-on-trent ST1 6LR2
£95K03/230.13 mi164, Chell Street, Stoke-on-trent ST1 6BD2
£72K11/200.13 mi137, Birches Head Road, Stoke-on-trent ST1 6ND2
£140K01/230.13 mi25, Cromwell Street, Stoke-on-trent ST1 6NH2
£80K05/210.13 mi7, Boulton Street, Stoke-on-trent ST1 2NQ2
£100K01/230.13 mi81, Campbell Terrace, Stoke-on-trent ST1 6LR2
£94K08/210.13 mi74, Barthomley Road, Stoke-on-trent ST1 6NJ2
£72K02/210.13 mi94, Barthomley Road, Stoke-on-trent ST1 6NJ2
£105K04/230.13 mi82, Barthomley Road, Stoke-on-trent ST1 6NJ2
£95K11/210.13 mi95, Campbell Terrace, Stoke-on-trent ST1 6LR2
£95K12/210.14 mi46, Campbell Terrace, Stoke-on-trent ST1 6LS2
£124K09/230.14 mi2, Campbell Terrace, Stoke-on-trent ST1 6LS2
£105K02/230.15 mi63, Bradford Terrace, Stoke-on-trent ST1 6LZ2
£110K06/230.15 mi35, Bradford Terrace, Stoke-on-trent ST1 6LZ2
£120K07/230.15 mi71, Bradford Terrace, Stoke-on-trent ST1 6LZ2
£117K05/240.15 mi33, Bradford Terrace, Stoke-on-trent ST1 6LZ2
£132K11/210.16 mi7, Northam Road, Stoke-on-trent ST1 6DA2
£100K09/210.16 mi15, Northam Road, Stoke-on-trent ST1 6DA2
£160K01/240.16 mi15, Northam Road, Stoke-on-trent ST1 6DA2
£72.5K04/230.17 mi31, Turner Street, Stoke-on-trent ST1 2ND2
£85.5K02/240.17 mi63, Turner Street, Stoke-on-trent ST1 2ND2
£165K11/220.17 mi178, Birches Head Road, Stoke-on-trent ST1 6LN2

Local Rents

38 rents from £450/mo to £2.8K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£72503/250.06 mi-2
£67509/240.06 miMoston Street2
£67502/250.07 mi-2
£2,76002/240.07 mi-2
£2,76009/240.07 mi-2
£2,76009/240.07 mi-2
£2,76001/250.07 mi-2
£2,76002/250.07 mi-2
£79502/240.08 mi-2
£72509/240.11 miGlover Street, Stoke-on-Trent, Staffordshire, ST12
£69509/240.15 miBradford Terrace, Birches Head, Stoke-on-Trent, ST12
£67509/240.16 miBoulton Street, Stoke-On-Trent2
£77501/250.16 mi-2
£75004/250.17 mi-2
£75009/240.18 mi-2
£75002/240.18 mi-2
£75009/240.21 mi80 Mount Street, ST1 2NP2
£67509/240.23 miBold Street, Northwood2
£74011/240.28 mi-2
£45004/250.29 mi-2
£45004/250.29 mi-2
£46510/240.29 mi-2
£67511/240.32 mi-2
£60009/240.33 miLower Mayer street, ST12
£70009/240.36 miBuxton Street, Sneyd Green, Stoke-On-Trent2
£75004/250.39 mi-2
£65009/240.39 miBirch Street, Northwood, Stoke-on-Trent, ST12
£67509/240.39 mi-2
£61509/240.42 miBaskerville Road, Stoke-On-Trent2
£89502/250.44 mi-2
£89502/250.44 mi-2
£85012/240.49 mi-2
£85002/250.49 mi-2
£92510/240.51 mi-2
£72509/240.53 miDiana Road, Stoke-on-Trent2
£65009/240.53 miEastbourne Road, Stoke-on-Trent, Staffordshire, ST12
£69502/250.54 mi-2
£65009/240.55 mi-2

Local Area Statistics

Population in ST1

29,532

Population in Stoke-on-Trent

347,755

Town centre distance

0.48 miles away

Nearest school

0.10 miles away

Nearest train station

1.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Price changed to £80,000

March 24, 2025

Price changed to £90,000

December 10, 2024

Listed for £100,000

November 14, 2024

Floor Plans

Description

  • Fore courted Mid Terrace House +
  • Two Reception Rooms +
  • Modern fitted Kitchen +
  • Ground floor Bathroom W.C. +
  • Two Bedrooms +
  • Combi Gas Heating +
  • Double Glazed +
  • Close To Hanley City Centre +
  • No Upward chain +
  • In Need of some work +

DRAFT DETAILS. This is a great opportunity to purchase a fore courted mid terraced house situated on the outskirts of Hanley City Centre, within reach of local schools, public transport links and Hanley Forest Park. The property has two reception rooms, modern fitted kitchen with free standing gas cooker, lovely bright white bathroom with shower facility over the bath. To the first floor there are two double bedrooms. To the outside there is an enclosed yard area. The property further benefits from combi gas central heating, double glazing and no upward chain. There is a damp issue with the property hence the price being advertised. Ideal Investment property  EPC rating: C. Tenure: Freehold,

Agent Details

Northwood, Stoke-on-Trent

01782 890590

Next Steps?

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