3 Bed Semi-Detached House, Refurb/BRRR, Stoke-on-Trent, ST3 3JP, £135,000

Garsdale Crescent, Stoke-on-trent, ST3 3JP - 5 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 7%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£85K - £448K
Sold Prices/m²£882/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£135,000

 

 

End Value (After Refurb)

£146,737

Uplift in Value

+9%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Refurb Costs

£38,000

Bridging Loan Interest

£3,544

Total Cash In

£82,294

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£146,737

Mortgage (After Refinance)

£110,053

Mortgage LTV

75%

Cash Released

£8,803

Cash Left In

£73,491

Equity

£36,684

Rent Range

£700 - £1,900

Rent Estimate

£1,185

Running Costs/mo

£716

Cashflow/mo

£469

Cashflow/yr

£5,633

ROI

7%

Gross Yield

11%

Local Sold Prices

50 sold prices from £85K to £448K, average is £143.5K. £882/m² to £3.7K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£115K12/200.01 mi40, Garsdale Crescent, Stoke-on-trent ST3 3JP3
£85K06/210.01 mi15, Garsdale Crescent, Stoke-on-trent ST3 3JP3
£85K11/200.08 mi24, Emsworth Road, Stoke-on-trent ST3 3ET3
£125K12/200.09 mi8, Fallowfield, Stoke-on-trent ST3 3EJ3
£135K08/230.09 mi2, Fallowfield, Stoke-on-trent ST3 3EJ3
£115K10/230.09 mi38, Fallowfield, Stoke-on-trent ST3 3EJ3
£140K04/240.09 mi8, Fallowfield, Stoke-on-trent ST3 3EJ3
£146K10/210.13 mi22, Halton Green, Stoke-on-trent ST3 3JL3
£125K12/230.15 mi122, Dennington Crescent, Stoke-on-trent ST3 3ES3
£120K03/210.16 mi34, Chilworth Grove, Stoke-on-trent ST3 3ED3
£130K02/230.19 mi30, Pembridge Road, Stoke-on-trent ST3 3BX3
£120K08/230.19 mi46, Pembridge Road, Stoke-on-trent ST3 3BX3
£142K07/240.19 mi28, Pembridge Road, Stoke-on-trent ST3 3BX3
£145K06/230.2 mi130, Beaconsfield Drive, Stoke-on-trent ST3 3EZ3
£132K06/230.27 mi2, Brocton Walk, Stoke-on-trent ST3 3HG3
£250K05/230.28 mi622, Trentham Road, Stoke-on-trent ST3 3DH3
£150K08/230.28 mi151, Church Road, Stoke-on-trent ST3 3BQ3
£105K11/210.28 mi25, Netley Place, Stoke-on-trent ST3 3DE3
£175K04/230.31 mi5, Hinton Close, Stoke-on-trent ST3 3BJ3
£448K04/230.32 mi1, School Lane, Stoke-on-trent ST3 3DU3
£160K08/210.34 mi22, Elmsmere Avenue, Stoke-on-trent ST3 3AF3
£180K09/230.34 mi22, Elmsmere Avenue, Stoke-on-trent ST3 3AF3
£123K06/210.34 mi18, Ashcombe Green, Stoke-on-trent ST3 3AG3
£140K08/230.36 mi36, Magdalen Road, Stoke-on-trent ST3 3HP3
£200K12/220.39 miBirch Walk, 3a, Birch Walk, Stoke-on-trent ST3 3AD3
£135K08/210.4 mi83, Waterside Drive, Stoke-on-trent ST3 3NU3
£236K02/210.41 mi4, Poplar Grove, Stoke-on-trent ST3 3AB3
£142K03/230.44 mi20, Umberleigh Road, Stoke-on-trent ST3 3NB3
£110K11/200.44 mi12, Critchlow Grove, Stoke-on-trent ST3 4BW3
£140K04/230.44 mi46, Critchlow Grove, Stoke-on-trent ST3 4BW3
£130K07/210.46 mi76, Wyndham Road, Stoke-on-trent ST3 3LX3
£165K09/230.46 mi68, Wyndham Road, Stoke-on-trent ST3 3LX3
£130K12/200.46 mi50, Umberleigh Road, Stoke-on-trent ST3 3NB3
£173K06/240.46 mi50, Umberleigh Road, Stoke-on-trent ST3 3NB3
£147.5K02/210.5 mi9, Browning Road, Stoke-on-trent ST3 4BZ3
£160K11/200.5 mi84, Poplar Drive, Stoke-on-trent ST3 3AZ3
£165K11/210.52 mi307, Blurton Road, Stoke-on-trent ST3 3AY3
£181K03/210.52 mi99, Drubbery Lane, Stoke-on-trent ST3 4BL3
£190K05/230.53 mi33, Stapleton Crescent, Stoke-on-trent ST3 4BQ3
£160K08/240.53 mi162, Waterside Drive, Stoke-on-trent ST3 3NL3
£125K12/210.55 mi83, Ulverston Road, Stoke-on-trent ST3 3NE3
£133K08/230.55 mi28, Ufton Close, Stoke-on-trent ST3 3NQ3
£194K02/210.58 mi29, Drubbery Lane, Stoke-on-trent ST3 4BH3
£148K10/200.6 mi25, Park View Close, Stoke-on-trent ST3 2BF3
£160K04/210.6 mi26, Park View Close, Stoke-on-trent ST3 2BF3
£170K06/230.6 mi292, Trentham Road, Stoke-on-trent ST3 4AZ3
£207.5K02/210.61 mi12, Masefield Road, Stoke-on-trent ST3 2EX3
£180K07/230.61 mi61, Langland Drive, Stoke-on-trent ST3 2ET3
£180K07/230.61 mi61, Langland Drive, Stoke-on-trent ST3 2ET3
£142K10/230.63 mi237, Waterside Drive, Stoke-on-trent ST3 3LG3

Local Rents

25 rents from £700/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85009/240.52 mi297 Blurton Road, Blurton3
£72010/240.53 mi-3
£1,15008/240.57 mi-3
£92509/240.63 miTrent Bridge Close, Trentham Lakes, Stoke-on-Trent ST43
£90002/240.63 mi-3
£90002/240.63 mi-3
£75002/240.65 mi-3
£1,40004/240.72 mi-3
£1,13503/250.76 mi-3
£1,25002/250.82 mi-3
£72511/240.83 mi-3
£1,25009/240.85 miGosport Grove, Stoke-on-Trent, Staffordshire, ST43
£70009/240.86 miDundee Street, Goms Mill, Stoke-on-Trent3
£99509/230.93 mi-3
£90009/240.93 miLongton Hall Road, Stoke-on-Trent, Staffordshire, ST33
£1,90009/240.94 mi-3
£99509/241.08 miBurrington Drive, Trentham3
£1,70012/241.1 mi-3
£1,65001/251.1 mi-3
£1,80009/241.1 mi-3
£1,80009/241.1 mi-3
£1,65009/241.1 mi-3
£1,70009/241.1 mi-3
£1,70009/241.1 mi-3
£89508/241.21 mi-3

Local Area Statistics

Population in ST3

67,688

Population in Stoke-on-Trent

347,755

Town centre distance

4.58 miles away

Nearest school

0.20 miles away

Nearest train station

1.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £135,000

December 5, 2024

Floor Plans

Description

  • 3 Bedroom Semi Detached Property +
  • Driveway +
  • Large Kitchen With Utility Area At Rear +
  • Large Garden +
  • Close To Local Amenities And Major Transport Links +
  • In Need Of Modernisation +
  • Potential To Add Value +

The Property
Purplebricks are delighted to offer to the market this charming home in the heart of Stoke-on-Trent, perfectly suited for first-time buyers, families, or anyone seeking a peaceful residential area with easy access to local amenities.

While the house would benefit from some modernisation, it offers great potential to create a comfortable family home in a sought-after location. Perfect for investors, or first-time buyers with a vision, this property provides a blank canvas for those looking to update and transform it into a contemporary living space.

Key Features:

Spacious Living Room: A bright and inviting living room, ideal for relaxation or entertaining, with plenty of natural light.

Kitchen: The property boasts a generous sized kitchen, with ample cupboard space, work surfaces, plus room for essential appliances.

Utility and WC: with door leading to the garden, there is a useful utility area and WC, with potential to create a large kitchen diner.

Three Bedrooms: Offering three good-sized bedrooms, perfect for growing families or professionals looking for home office space.

Family Bathroom: A family bathroom with three piece suite.

Private Garden: A large, enclosed rear garden, perfect for outdoor living, gardening, or family activities.

Off-road parking: adding extra convenience and security.

Location: Ideally located in a quiet yet well-connected neighbourhood, this property is close to local schools, parks, and shopping facilities. It also benefits from excellent transport links to the town centre and surrounding areas.

For more information or to arrange a viewing, please contact us today!

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Stoke-on-Trent

020 3909 0326

Next Steps?

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