3 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST6 1HU, £110,000

Macclesfield Street, Stoke-on-Trent, Staffordshire, ST6 1HU - 10 views - 4 months ago

Sold STC

Cash

Refurb/BRRR

ROI: 8%

~93 m²

+7 photos

ValuationFair Value

Sold Prices	£55K - £246K
Sold Prices/m²	£869/m² - £2.8K/m²

Square Metres	~93 m²
Price/m²	£1.2K/m²
Value Estimate	£112,200£112,200

End Value (After Refurb)	£112,519£112,519
Uplift in Value	+2%+2%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£27,500£27,500
Stamp Duty & Legal Fees	£4,500£4,500
Refurb Costs	£37,686£37,686
Bridging Loan Interest	£2,888£2,888
Total Cash In	£74,323£74,323

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£112,519£112,519
Mortgage (After Refinance)	£84,389£84,389
Mortgage LTV	75%75%
Cash Released	£1,889£1,889
Cash Left In	£72,434£72,434
Equity	£28,130£28,130
Rent Range	£660 - £2,500£660 - £2,500
Rent Estimate	£1,051
Running Costs/mo	£582£582
Cashflow/mo	£469£469
Cashflow/yr	£5,630£5,630
ROI	8%8%
Gross Yield	11%11%

Local Sold Prices

50 sold prices from £55K to £246K, average is £142K. £869/m² to £2.8K/m², average is £1.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£80K	12/20	0.04 mi	56, Wade Street, Stoke-on-trent ST6 1HP	£1,053	76	3	Terraced House
£135K	10/21	0.06 mi	39, High Lane, Stoke-on-trent ST6 7DF	£1,517	89	3	Semi-Detached House
£55K	10/23	0.1 mi	25, Broadhurst Street, Stoke-on-trent ST6 1EX	-	-	3	Terraced House
£173K	03/23	0.11 mi	14, Elaine Avenue, Stoke-on-trent ST6 7DD	-	-	3	Semi-Detached House
£162K	05/23	0.11 mi	195, High Lane, Stoke-on-trent ST6 7BS	£1,976	82	3	Semi-Detached House
£216K	10/21	0.12 mi	2, Inglefield Avenue, Stoke-on-trent ST6 7DA	-	-	3	Semi-Detached House
£85.5K	12/20	0.12 mi	120, Leonard Street, Stoke-on-trent ST6 1HH	£1,056	81	3	Terraced House
£145K	11/21	0.12 mi	157, Moorland Road, Stoke-on-trent ST6 1JH	-	-	3	Terraced House
£110K	03/23	0.12 mi	193, Moorland Road, Burslem, Stoke-on-trent ST6 1JH	£1,375	80	3	Terraced House
£141K	08/23	0.12 mi	207, Moorland Road, Burslem, Stoke-on-trent ST6 1JW	-	-	3	Terraced House
£143K	06/23	0.14 mi	1, Bank Hall Road, Stoke-on-trent ST6 7DJ	-	-	3	Semi-Detached House
£135K	03/23	0.21 mi	120, Bank Hall Road, Stoke-on-trent ST6 7DP	-	-	3	Semi-Detached House
£146K	09/23	0.21 mi	98, Bank Hall Road, Stoke-on-trent ST6 7DP	-	-	3	Semi-Detached House
£96K	01/21	0.22 mi	226, Moorland Road, Stoke-on-trent ST6 1EF	£1,157	83	3	Terraced House
£111K	03/21	0.24 mi	19, Coseley Street, Stoke-on-trent ST6 1JU	£1,354	82	3	Semi-Detached House
£98K	10/21	0.24 mi	28, Leigh Street, Stoke-on-trent ST6 1BE	£1,210	81	3	Terraced House
£114K	08/23	0.24 mi	4, Leigh Street, Stoke-on-trent ST6 1BE	£1,140	100	3	Terraced House
£110K	02/23	0.24 mi	165, Hamil Road, Stoke-on-trent ST6 1AP	£1,358	81	3	Semi-Detached House
£168K	02/23	0.25 mi	22, Wilson Street, Stoke-on-trent ST6 1BQ	£2,000	84	3	Terraced House
£97.5K	03/23	0.29 mi	31, Lorne Street, Stoke-on-trent ST6 1AR	£947	103	3	Semi-Detached House
£102K	08/23	0.29 mi	6, Coseley Street, Stoke-on-trent ST6 1JX	-	-	3	Terraced House
£205K	04/23	0.34 mi	15, Shaftesbury Avenue, Stoke-on-trent ST6 1BW	£1,530	134	3	Semi-Detached House
£85.7K	04/23	0.35 mi	30, Coseley Street, Stoke-on-trent ST6 1LJ	-	-	3	Terraced House
£100K	08/23	0.35 mi	46, Camp Road, Stoke-on-trent ST6 1LF	£1,111	90	3	Terraced House
£170K	09/23	0.36 mi	137, Bank Hall Road, Stoke-on-trent ST6 7DT	£2,208	77	3	Terraced House
£160K	01/21	0.36 mi	10, Cynthia Grove, Stoke-on-trent ST6 1BZ	£1,905	84	3	Semi-Detached House
£86K	01/21	0.38 mi	1, Kirk Street, Stoke-on-trent ST6 1LG	£869	99	3	Terraced House
£130K	04/23	0.38 mi	364, Hanley Road, Stoke-on-trent ST6 1RD	-	-	3	Terraced House
£246K	07/23	0.4 mi	10, Riley Avenue, Stoke-on-trent ST6 7DU	-	-	3	Detached House
£225K	06/23	0.4 mi	14, Riley Avenue, Stoke-on-trent ST6 7DU	£2,586	87	3	Detached House
£92K	12/20	0.41 mi	12, Baden Road, Stoke-on-trent ST6 1SA	£1,022	90	3	Terraced House
£133K	08/23	0.44 mi	70, Coseley Street, Stoke-on-trent ST6 1LR	£1,642	81	3	Terraced House
£177K	08/23	0.44 mi	20, Bream Way, Stoke-on-trent ST6 7PW	-	-	3	Detached House
£180K	02/21	0.48 mi	407, High Lane, Stoke-on-trent ST6 7AE	£1,900	95	3	Semi-Detached House
£174.9K	02/21	0.51 mi	18, Dace Grove, Stoke-on-trent ST6 7PR	£1,923	91	3	Detached House
£133K	06/23	0.52 mi	42, Hayes Street, Stoke-on-trent ST6 7NR	-	-	3	Terraced House
£90K	10/21	0.53 mi	2, Baddeley Street, Stoke-on-trent ST6 4EH	£1,000	90	3	Terraced House
£170K	06/23	0.53 mi	13, Sunningdale Close, Stoke-on-trent ST6 7BP	-	-	3	Detached House
£150K	10/23	0.53 mi	2, Sherratt Street, Stoke-on-trent ST6 7NT	£1,563	96	3	Terraced House
£175K	08/23	0.53 mi	17, Sherratt Street, Stoke-on-trent ST6 7NT	-	-	3	Terraced House
£152K	03/23	0.53 mi	34, Sherratt Street, Stoke-on-trent ST6 7NT	-	-	3	Detached House
£173.5K	02/23	0.55 mi	23, Holden Avenue North, Stoke-on-trent ST6 1RQ	£1,710	101	3	Semi-Detached House
£105K	10/21	0.56 mi	50, Price Street, Stoke-on-trent ST6 4EN	£1,329	79	3	Terraced House
£147K	11/20	0.56 mi	29, Shemilt Crescent, Stoke-on-trent ST6 7PL	£2,042	72	3	Detached House
£131.5K	12/20	0.57 mi	15, Skellern Avenue, Stoke-on-trent ST6 7PN	£2,027	65	3	Semi-Detached House
£155K	11/21	0.58 mi	8, Haven Avenue, Stoke-on-trent ST6 1RL	£1,834	85	3	Semi-Detached House
£155K	03/21	0.59 mi	36, Chesterwood Road, Stoke-on-trent ST6 7EL	£2,214	70	3	Semi-Detached House
£165K	03/21	0.59 mi	7, Chesterwood Road, Stoke-on-trent ST6 7EL	£1,964	84	3	Detached House
£199.9K	01/21	0.59 mi	34, Chesterwood Road, Stoke-on-trent ST6 7EL	£2,773	72	3	Detached House
£77K	07/23	0.59 mi	38, Nile Street, Stoke-on-trent ST6 2AF	£1,069	72	3	Terraced House

Local Rents

26 rents from £660/mo to £2.5K/mo, average is £963/mo.

Rent	Date	Distance	Address	Beds	Type
£850	09/24	0.06 mi	High Lane, Stoke-On-Trent, Staffordshire, ST6 7DF	3	Detached House
£725	01/25	0.08 mi	-	3	Terraced House
£1,100	12/24	0.16 mi	-	3	Semi-Detached House
£675	09/24	0.32 mi	Lord Street, Smallthorne, Stoke-on-Trent,	3	Terraced House
£1,100	12/24	0.32 mi	-	3	Semi-Detached House
£950	03/25	0.32 mi	-	3	Semi-Detached House
£2,500	09/24	0.32 mi	-	3	Terraced House
£795	02/25	0.32 mi	-	3	Terraced House
£1,095	09/24	0.47 mi	-	3	Terraced House
£950	02/25	0.47 mi	-	3	Terraced House
£895	04/25	0.47 mi	-	3	Terraced House
£995	09/24	0.52 mi	Percy curnock drive,	3	Detached House
£795	02/24	0.55 mi	-	3	Terraced House
£975	09/24	0.57 mi	Chapel Lane, Stoke-on-Trent, Staffordshire, ST6	3	Detached House
£800	09/24	0.58 mi	Haven Avenue, Sneyd Green, Stoke-on-Trent, ST6	3	Detached House
£750	12/24	0.58 mi	-	3	Terraced House
£795	02/24	0.6 mi	-	3	Terraced House
£1,295	12/24	0.61 mi	-	3	Semi-Detached House
£1,295	12/24	0.61 mi	-	3	Semi-Detached House
£1,070	11/24	0.61 mi	-	3	Semi-Detached House
£1,150	12/24	0.61 mi	-	3	Semi-Detached House
£1,095	12/24	0.61 mi	-	3	Semi-Detached House
£1,050	12/24	0.61 mi	-	3	Semi-Detached House
£1,150	12/24	0.61 mi	-	3	Semi-Detached House
£800	09/24	0.61 mi	Crossley Road, Stanfields	3	Detached House
£660	02/25	0.61 mi	-	3	Terraced House

Local Area Statistics

Population in ST6	64,60864,608
Population in Stoke-on-Trent	347,755347,755
Town centre distance	1.18 miles away1.18 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.46 miles away1.46 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+23%+23%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+26%+26%

Property History

Listed for £110,000

December 4, 2024

Sold for £93,500

2005

Floor Plans

Description

Cash Buyers Only +
Great renovation project potential +
Quiet residential neighborhood location +
Manageable outdoor yard space +
Functional ground floor layout +
Ample upper floor bedrooms +
Opportunity for personalized design +
Solid foundation for updates +
Investment-ready with strong potential +
Transform into dream home +

CASH BUYERS ONLY

The property on Macclesfield Street, Stoke-on-Trent, offers significant potential for renovation and personalization. This two-story home, while requiring extensive redecoration provides a solid foundation for a family or investor looking to create a tailored living space.

The ground floor features essential living spaces, including a lounge, dining room, kitchen, and utility area.

The upper floor comprises multiple bedrooms and a main bathroom.

Externally, the property benefits from a manageable rear yard, and its location in Stoke-on-Trent offers a mix of narrow streets and a generally quiet neighbourhood. The home represents an excellent opportunity for someone willing to invest in its refurbishment.