2 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST2 7AZ, £87,500

Bagnall Road, Milton, Stoke-on-Trent, ST2 7AZ - 13 views - 4 months ago

Sold STC
Refurb/BRRR
Planning
ROI: 4%
~68 m²
+13 photos

ValuationFair Value

Sold Prices£97K - £370K
Sold Prices/m²£1.4K/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£88,375

 

 

End Value (After Refurb)

£145,515

Uplift in Value

+66%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,875

Stamp Duty & Legal Fees

£3,825

Refurb Costs

£27,943

Bridging Loan Interest

£2,297

Total Cash In

£57,690

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£145,515

Agent Fees (1%)

£1,455

Bridging Loan

£65,625

Bridging Loan Interest

£2,297

Flip Profit

£20,745

Local Sold Prices

51 sold prices from £97K to £370K, average is £156K. £1.4K/m² to £4.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£120K07/230 mi22, Bagnall Road, Stoke-on-trent ST2 7AZ2
£136K11/200.08 mi4, Haslemere Avenue, Stoke-on-trent ST2 7AU2
£150K11/210.08 mi34, Haslemere Avenue, Stoke-on-trent ST2 7AU2
£135K10/230.1 mi13, Highton Street, Stoke-on-trent ST2 7BA2
£136K08/230.1 mi11, Highton Street, Stoke-on-trent ST2 7BA2
£131K11/220.1 mi94, Bagnall Road, Stoke-on-trent ST2 7AZ2
£175K02/210.1 mi27, Haslemere Avenue, Stoke-on-trent ST2 7AT2
£130K02/210.1 mi37, Haslemere Avenue, Stoke-on-trent ST2 7AT2
£140K01/210.12 mi2, Norbury Avenue, Stoke-on-trent ST2 7BJ2
£205K01/210.17 mi30, Sunnyfield Oval, Stoke-on-trent ST2 7PA2
£254.1K06/230.17 mi39, Sunnyfield Oval, Stoke-on-trent ST2 7PA2
£190K11/210.17 mi67, Sunnyfield Oval, Stoke-on-trent ST2 7PA2
£168K01/210.18 mi17, Netherton Grove, Stoke-on-trent ST2 7NL2
£153K05/210.18 mi12, Netherton Grove, Stoke-on-trent ST2 7NL2
£224.3K12/220.18 mi37, Netherton Grove, Stoke-on-trent ST2 7NL2
£115K02/240.18 mi1798, Leek Road, Stoke-on-trent ST2 7AF2
£184K02/230.19 mi20, 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
£115K12/210.21 mi16, Easters Grove, Stoke-on-trent ST2 7PF2
£215K10/230.22 mi4, Celandine Close, Stoke-on-trent ST2 7PY2
£135K02/240.22 mi28, Meadow Street, Stoke-on-trent ST2 7BP2
£156K04/210.23 mi1779, Leek Road, Stoke-on-trent ST2 7AD2
£108K10/210.23 mi1859, Leek Road, Stoke-on-trent ST2 7AD2
£105.5K07/210.25 mi5, Woodman Street, Stoke-on-trent ST2 7BS2
£97K09/210.25 mi9, Woodman Street, Stoke-on-trent ST2 7BS2
£149.9K11/200.25 mi8, Field Avenue, Stoke-on-trent ST2 7AS2
£195K02/230.25 mi1807, Leek Road, Stoke-on-trent ST2 7AD2
£144.9K09/210.26 mi34, Newmill Street, Stoke-on-trent ST2 7DJ2
£140K08/210.29 mi11, Newmill Street, Stoke-on-trent ST2 7DQ2
£205K02/240.3 mi12, Gayton Avenue, Stoke-on-trent ST2 7BU2
£370K08/230.3 mi148, Bagnall Road, Stoke-on-trent ST2 7LW2
£180K10/230.3 mi145, Bagnall Road, Stoke-on-trent ST2 7LW2
£180K10/230.3 mi145, Bagnall Road, Stoke-on-trent ST2 7LW2
£210K12/220.32 mi20, Dorrington Close, Stoke-on-trent ST2 7BZ2
£136K10/200.36 mi153, Millrise Road, Stoke-on-trent ST2 7DW2
£140K04/230.36 mi153, Millrise Road, Stoke-on-trent ST2 7DW2
£177.5K10/200.36 mi45, Wallis Way, Stoke-on-trent ST2 7DB2
£157K06/210.37 mi31, Millfield Crescent, Stoke-on-trent ST2 7DF2
£190K09/210.39 mi20, Wallis Way, Stoke-on-trent ST2 7JQ2
£176.3K02/210.39 mi113, Baddeley Green Lane, Stoke-on-trent ST2 7JL2
£185K06/210.41 mi8, Trentfields Road, Stoke-on-trent ST2 7JF2
£210K05/230.42 mi4, Braithwell Drive, Stoke-on-trent ST2 7NT2
£200K08/230.42 mi10, Braithwell Drive, Stoke-on-trent ST2 7NT2
£195K10/230.44 mi6, Cranborne Avenue, Stoke-on-trent ST2 7JE2
£151.2K09/230.44 mi1757, Leek Road, Stoke-on-trent ST2 7AA2
£120K02/210.47 mi24, Hardman Street, Stoke-on-trent ST2 7ET2
£110K06/210.47 mi18, Hardman Street, Stoke-on-trent ST2 7ET2
£175K08/230.47 mi31, Dunsford Avenue, Stoke-on-trent ST2 7PJ2

Local Rents

12 rents from £650/mo to £1.9K/mo, average is £773/mo.

RentDateDistanceAddressBeds 
£85012/240.49 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
£68010/240.68 mi-2
£75010/240.76 mi-2
£65009/240.84 miHayeswood Grove; Stoke-on-Trent; ST62
£1,95009/241.08 mi-2
£85004/251.11 mi-2
£70009/241.18 miBurtree Drive, Norton Heights2
£72509/241.19 miDiana Road, Stoke-on-Trent2

Local Area Statistics

Population in ST2

34,047

Population in Stoke-on-Trent

347,755

Town centre distance

1.14 miles away

Nearest school

0.10 miles away

Nearest train station

3.35 miles away

 

 

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £87,500

December 2, 2024

Floor Plans

Description

  • No chain sale +
  • Renovation project +
  • Lovely Milton area +
  • Garage parking to rear +
  • Upstairs bathroom +
  • Walking distance to primary school and shops +

No chain sale A refurbishment opportunity here in the popular and desirable village of Milton, Stoke-on-Trent. A perfect first family home or rental investment with a potential 10% yield. A traditional two bedroom mid Victorian terrace is for sale with two reception rooms, kitchen, two double bedrooms, an upstairs bathroom and garage to the rear for off-road parking. Walking distance to Milton Primary Academy. Milton High Street is a short walk away, featuring restaurants, supermarkets, a medical practice, pharmacy, church, hairdressers and other shops. A beautiful welcoming village with all amenities to hand. Gas central heating with new boiler installed, UPVC double glazed windows and radiators throughout. Please see our 360° virtual tour and called for a face-to-face viewing. Front garden A quaint front garden with plants and shrubs, with path up to the front door.

Sitting room - 3.17 x 3.92m
A good-sized room with chimney breast and a focal fireplace. This could be used as a sitting room or dining room to suit you.

Living room - 3.58 x 3.73m
Another good-sized room which could be a dining or living room. Gas fireplace and window to the rear garden.

Understairs storage cupboard - 0.92 x 1.55m
Spacious storage cupboard between the two reception rooms. Perfect for storing coats, shoes and small household appliances.

Kitchen - 3.45 x 2.12m
Family kitchen with wall and base units, space for a cooker, fridge freezer, and washing machine, with a stainless sink and mixer tap. Rear access door to the garden. New Vaillant gas central heating boiler.

Stairs and landing
Carpeted stairs take you upstairs to the bedrooms and bathroom.

Bedroom one - 3.22 x 3.92m
Master bedroom to the front of the property, a good size as a double bedroom with room for wardrobes and drawers too. As part of the renovations, you could maximise on space and add bespoke wardrobes in the alcoves beside the chimney breast. 

Bedroom two - 3.57 x 2.76m
The second double bedroom of the property with view to the rear, spacious enough for a double bed and other bedroom furniture. There is a handy storage cupboard with hanging rails for clothes and loft access via hatch.

Upstairs bathroom - 3.36 x 2.16m
A large and spacious upstairs bathroom in this family home with bathtub, basin and toilet. Bathtub with bath taps and showerhead, basin with hot and cold taps, radiator as well as an airing cupboard for storage. The airing cupboard also houses the immersion tank.

Rear garden A paved courtyard with space for seating and a path to the side of the garage for rear access.

Garage - 4.80 x 2.53m
There is off-road parking to the rear of the property in the parking garage for your convenience.
Outside toilet
An external toilet to the property. Alternatively, the space could be renovated by extending from the kitchen.
Coal shed
Storage shed to the rear of the property, great for storing garden tools and furniture or even bikes and outdoor play equipment.

Tenure - Freehold, Council Tax Band: A (Stoke on Trent city Council), EPC Rating: D

Buyers please note that there is evidence of damp in the property. Further investigation and works are advised. This has been factored into the pricing of the property. According to Ofcom's broadband checker, there should be ultrafast broadband up to 1000 Mbps download speed and 100 Mbps upload speed with Virgin Media and Openreach and the mobile checker shows likely outdoor network with major mobile phone providers EE, Three, O2 and Vodafone. Indoor networks may be more limited so please check with your mobile provider. Disclaimer - We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. For more information simply speak to someone in our branch today. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of up to 20% (inc VAT) of the mortgage commissions earned by the Mortgage Advice Bureau, if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you on to Goddard Dunbar, McQuades, Movebutler and their panel of solicitors, Charltons solicitors or Knights solicitors. We may receive a fee of up to £180 (inc VAT), if you use their services. If you require a removals firm, we can refer you to Move My Stuff. We may receive a fee of up to 10% of the invoice value, if you use their services.  EPC rating: D. Tenure: Freehold, Known building safety issues or planned/required works: Damp treatment/works required. Typical examples of damp to ground floor with wet walls and signs of water ingress upstairs in the front bedroom. Planning permissions: No

Agent Details

Belvoir Sales, Stoke-On-Trent

01782 493685

Next Steps?

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