3 Bed Semi-Detached House, Refurb/BRRR, Stoke-on-Trent, ST6 8XD, £160,000

Elldawn Avenue, Norton, Stoke-On-Trent, ST6 8XD - 3 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 6%
~93 m²
+17 photos

ValuationFair Value

Sold Prices£110K - £258K
Sold Prices/m²£1.1K/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£160,000

 

 

End Value (After Refurb)

£175,217

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Refurb Costs

£37,686

Bridging Loan Interest

£4,200

Total Cash In

£89,636

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£175,217

Mortgage (After Refinance)

£131,413

Mortgage LTV

75%

Cash Released

£11,413

Cash Left In

£78,223

Equity

£43,804

Rent Range

£675 - £3,200

Rent Estimate

£1,227

Running Costs/mo

£813

Cashflow/mo

£414

Cashflow/yr

£4,969

ROI

6%

Gross Yield

9%

Local Sold Prices

50 sold prices from £110K to £258K, average is £172.8K. £1.1K/m² to £2.7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£209K10/210.05 mi32, Fielden Close, Stoke-on-trent ST6 8XG3
£215K09/230.05 mi17, Fielden Close, Stoke-on-trent ST6 8XG3
£170K01/210.06 mi59, Elldawn Avenue, Stoke-on-trent ST6 8XD3
£152K04/230.06 mi55, Elldawn Avenue, Stoke-on-trent ST6 8XD3
£167.5K11/200.13 mi96, Harrison Road, Stoke-on-trent ST6 8DA3
£160K07/210.15 mi1, Oakfield Close, Stoke-on-trent ST6 8GR3
£174.5K01/210.17 mi96, Caton Crescent, Stoke-on-trent ST6 8XH3
£181.5K12/210.19 mi25, Longfellow Close, Stoke-on-trent ST6 8FB3
£185K06/230.19 mi29, Longfellow Close, Stoke-on-trent ST6 8FB3
£127K09/210.21 mi5, Chasewater Drive, Stoke-on-trent ST6 8GH3
£140K11/200.22 mi6, Kisdon Avenue, Stoke-on-trent ST6 8GW3
£175K09/210.23 mi7, Spencroft Close, Stoke-on-trent ST6 8FJ3
£156K06/210.23 mi13, Spencroft Close, Stoke-on-trent ST6 8FJ3
£171K02/210.24 mi6, Emerald Way, Stoke-on-trent ST6 8HL3
£192K08/230.25 mi11, Topaz Close, Stoke-on-trent ST6 8HR3
£185K02/210.25 mi52, Hayeswood Grove, Stoke-on-trent ST6 8GG3
£210K03/210.26 mi27, Campian Way, Stoke-on-trent ST6 8FA3
£192K08/230.26 mi4, Ruby Close, Stoke-on-trent ST6 8HS3
£165K10/200.27 mi6, Meadowview, Stoke-on-trent ST6 8DZ3
£136K04/210.27 mi8, Bullhurst Close, Stoke-on-trent ST6 8FG3
£117K11/230.27 mi23, Chillington Way, Stoke-on-trent ST6 8GJ3
£177K02/210.27 mi3, Chillington Way, Stoke-on-trent ST6 8GJ3
£175K03/210.28 mi35, Sapphire Drive, Stoke-on-trent ST6 8HJ3
£180K09/210.28 mi35, Sapphire Drive, Stoke-on-trent ST6 8HJ3
£180K03/230.28 mi5, Sapphire Drive, Stoke-on-trent ST6 8HJ3
£210K04/210.28 mi8, Sapphire Drive, Stoke-on-trent ST6 8HJ3
£258K12/220.29 mi21, Sapphire Drive, Stoke-on-trent ST6 8HJ3
£198K03/230.29 mi2, Lily Drive, Stoke-on-trent ST6 8GQ3
£145.5K08/210.3 mi34, Willowbrook Walk, Stoke-on-trent ST6 8GN3
£205K11/200.31 mi15, Row Moor Way, Stoke-on-trent ST6 8BP3
£182K01/230.32 mi11, Lightwater Grove, Stoke-on-trent ST2 7PP3
£169.9K06/230.33 mi55, Spragg House Lane, Stoke-on-trent ST6 8DU3
£161.5K03/210.36 mi19, Tudor Rose Way, Stoke-on-trent ST6 8BJ3
£170K01/230.37 mi284, Ford Green Road, Stoke-on-trent ST6 8LS3
£135K03/210.38 mi45, Newford Crescent, Stoke-on-trent ST2 7EB3
£155K07/230.38 mi45, Newford Crescent, Stoke-on-trent ST2 7EB3
£175.5K09/210.38 mi336, Ford Green Road, Stoke-on-trent ST6 8LU3
£185K01/210.39 mi323a, Ford Green Road, Stoke-on-trent ST6 8LT3
£167.5K01/240.4 mi23, Station Grove, Stoke-on-trent ST2 7EA3
£135K02/210.4 mi32, Station Grove, Stoke-on-trent ST2 7EA3
£175K02/230.4 mi14, Station Grove, Stoke-on-trent ST2 7EA3
£130K10/210.4 mi8, Shakespeare Close, Stoke-on-trent ST2 7QG3
£110K01/230.42 mi370, Barks Drive, Stoke-on-trent ST6 8EU3
£202K10/200.46 mi30, Millbrook Grove, Stoke-on-trent ST2 7DY3
£120K04/230.46 mi388, Ford Green Road, Stoke-on-trent ST6 8LY3
£155K04/210.48 mi8, Dunsford Avenue, Stoke-on-trent ST2 7PJ3
£187K08/230.48 mi4, Dunsford Avenue, Stoke-on-trent ST2 7PJ3
£120K12/200.48 mi43, Maunders Road, Stoke-on-trent ST2 7DU3
£193K05/240.48 mi67, Maunders Road, Stoke-on-trent ST2 7DU3
£135K12/230.48 mi73, Maunders Road, Stoke-on-trent ST2 7DU3

Local Rents

34 rents from £675/mo to £3.2K/mo, average is £923/mo.

RentDateDistanceAddressBeds 
£95009/240.19 miBlithfield Way, Stoke-On-Trent, ST63
£95009/240.19 mi-3
£99511/240.24 mi-3
£1,05002/250.24 mi-3
£80009/240.25 miHayeswood Grove, Norton Heights3
£1,10012/240.31 mi-3
£1,10012/240.53 mi-3
£72509/240.61 miBarks Drive, Norton, Stoke-On-Trent3
£1,70009/240.62 mi-3
£3,20009/240.64 mi-3
£3,20012/240.64 mi-3
£95002/250.69 mi-3
£89504/250.69 mi-3
£87501/250.7 mi-3
£89509/240.7 miLeek New Road, Sneyd Green3
£1,60008/240.74 mi-3
£1,50009/240.74 mi-3
£1,60009/240.74 mi-3
£1,50010/240.77 mi-3
£80009/240.81 miHaven Avenue, Sneyd Green, Stoke-on-Trent, ST63
£87509/240.83 miWentworth Grove, Sneyd Green, Stoke-on-Trent3
£87509/240.83 mi-3
£67509/240.83 miLord Street, Smallthorne, Stoke-on-Trent,3
£2,50009/240.86 mi-3
£79502/250.86 mi-3
£79509/240.92 mi-3
£1,10012/240.98 mi-3
£72509/241.07 miBuxton Street, Sneyd Green, Stoke-on-Trent, ST13
£85009/241.09 miHigh Lane, Stoke-On-Trent, Staffordshire, ST6 7DF3
£72501/251.16 mi-3
£97509/241.22 mi-3
£87509/241.22 miDerek Drive, Stoke-On-Trent, ST13
£75009/241.24 miGordon Avenue, Sneyd Green, Stoke-On-Trent3
£80001/251.24 mi-3

Local Area Statistics

Population in ST6

64,608

Population in Stoke-on-Trent

347,755

Town centre distance

0.99 miles away

Nearest school

0.30 miles away

Nearest train station

2.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £160,000

November 21, 2024

Floor Plans

Description

  • SPACUOUS THREE BEDROOM SEMI DETACHED HOME +
  • OPEN PLAN LOUNGE DINER +
  • FITTED KITCHEN WITH AMPLE SPACE +
  • THREE GOOD SIZED BEDROOMS +
  • FIRST FLOOR BATHROOM +
  • LOTS OF POTENTIAL +
  • DRIVEWAY AND DETACHED GARAGE +
  • LOW MAINTENANCE REAR GARDEN +
  • MUST VIEW PROPERTY! +

From dusk to dawn, sunrise to sunset this property is still a fantastic property! Nestled on a quiet plot, this  SEMI DETACHED home is a canvas awaiting your vision. Offering a solid foundation for a dream home, the layout features a welcoming entrance hall that leads to a good-sized living room perfect for entertaining or family gatherings. The kitchen, while in need of renovation, boasts ample space to create a culinary haven, complemented by a convenient ground floor cloakroom/storage room. Ascend to the first floor, where you'll find three well-proportioned bedrooms, including two inviting doubles that promise restful retreats. A centrally located bathroom awaits your personal touch to transform it into a tranquil oasis. Outside, the property features a driveway and a charming front garden, enhancing its curb appeal. The expansive rear garden is a standout feature, offering gorgeous open space for outdoor activities, further the detached garage offers another space for a potential gym or workshop! This is not just a property; it's an opportunity. With vision and creativity, you can elevate this home to its full potential in a desirable location. Whether you’re a seasoned investor or a first-time buyer looking to add value, this is a chance to craft your perfect space. Don’t miss out—Contact Samuel Makepeace Bespoke Estate Agents today!

ROOM DETAILS

INTERIOR 

GROUND FLOOR

Porch Double glazed window, double glazed sliding door, tiled flooring. Entrance Hall Single glazed window, single glazed door, under stairs storage cupboard and radiator. Open-Plan Lounge/Diner Double glazed window, double glazed sliding doors, gas fireplace and radiator. Kitchen Double glazed window, double glazed door. A range of fitted wall and base cupboards, work surfaces and tiled splash-back. Sink, drainer and half bowl and integrated cooker hood. Space for cooker, washing machine and fridge. Tiled flooring and radiator

FIRST FLOOR

Landing Double glazed window and loft access. Bedroom One Double glazed window and radiator. Bedroom Two Double glazed window, storage cupboard and radiator. Bedroom Three Double glazed window and radiator. Bathroom Double glazed window, LLWC, hand wash basin  and bath tub with shower head. Part tiled, airing cupboard and radiator

EXTERIOR

Front Paved driveway for multiple  Rear  Paved and lawn areas  Garage Detached single with up and over door.

Parking Availability: Yes.

Agent Details

Samuel Makepeace Estate Agents, Stoke-on-Trent

01782 890765

Next Steps?

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