2 Bed Bungalow, Refurb/BRRR, Stoke-on-Trent, ST4 8JY, £140,000

Atherstone Road, Trentham, Stoke On Trent, ST4 8JY - 7 views - 4 months ago

Under Offer
Refurb/BRRR
ROI: 3%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£126K - £380K
Sold Prices/m²£1.6K/m² - £5.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£144,200
BMV3%

 

 

End Value (After Refurb)

£204,333

Uplift in Value

+46%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Refurb Costs

£27,823

Bridging Loan Interest

£3,675

Total Cash In

£73,648

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£204,333

Agent Fees (1%)

£2,043

Bridging Loan

£105,000

Bridging Loan Interest

£3,675

Flip Profit

£23,642

Local Sold Prices

51 sold prices from £126K to £380K, average is £175K. £1.6K/m² to £5.2K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£245K08/240.04 mi37, Werburgh Drive, Stoke-on-trent ST4 8JT2
£175K08/230.13 mi33, Trentley Road, Stoke-on-trent ST4 8PH2
£175K08/230.13 mi33, Trentley Road, Stoke-on-trent ST4 8PH2
£161K10/210.15 mi36, Trentley Road, Stoke-on-trent ST4 8PJ2
£210K09/230.16 mi368, New Inn Lane, Stoke-on-trent ST4 8BW2
£170K02/230.16 mi104, Allerton Road, Stoke-on-trent ST4 8PL2
£295.5K08/210.16 mi25, Wenger Crescent, Stoke-on-trent ST4 8LD2
£267K07/240.16 mi23, Wenger Crescent, Stoke-on-trent ST4 8LD2
£170K11/200.2 mi76, Werburgh Drive, Stoke-on-trent ST4 8JN2
£195K03/230.2 mi86, Werburgh Drive, Stoke-on-trent ST4 8JN2
£165K11/200.21 mi59, Allerton Road, Stoke-on-trent ST4 8PQ2
£250K05/230.24 mi5, Longton Road, Stoke-on-trent ST4 8ND2
£175K12/200.25 mi59, Churchill Avenue, Stoke-on-trent ST4 8PF2
£230K11/230.25 mi22, Eastwick Crescent, Stoke-on-trent ST4 8PT2
£230.5K03/230.25 mi26, Eastwick Crescent, Stoke-on-trent ST4 8PT2
£150.5K05/210.26 mi5, Craven Close, Stoke-on-trent ST4 8PX2
£185K08/210.26 mi197, New Inn Lane, Stoke-on-trent ST4 8PS2
£277K07/210.26 mi10, Swanton Place, Stoke-on-trent ST4 8LH2
£230K06/210.27 mi9, Eastwick Crescent, Stoke-on-trent ST4 8PU2
£380K10/230.27 mi57, Eastwick Crescent, Stoke-on-trent ST4 8PU2
£258K12/230.27 mi9, Eastwick Crescent, Stoke-on-trent ST4 8PU2
£335K11/230.27 mi35, Eastwick Crescent, Stoke-on-trent ST4 8PU2
£180K05/230.31 mi48, Allerton Road, Stoke-on-trent ST4 8PA2
£180K12/210.4 mi155, Pacific Road, Stoke-on-trent ST4 8RS2
£240K06/240.4 mi35, Pacific Road, Stoke-on-trent ST4 8RS2
£187.5K04/230.4 mi18, Turnberry Drive, Stoke-on-trent ST4 8EZ2
£179K10/230.4 mi14, Turnberry Drive, Stoke-on-trent ST4 8EZ2
£135.5K02/210.41 mi174, Pacific Road, Stoke-on-trent ST4 8UD2
£185K07/210.42 mi10, Timor Grove, Stoke-on-trent ST4 8RR2
£260K11/230.45 mi19, Java Crescent, Stoke-on-trent ST4 8RT2
£128K08/210.49 mi113, New Inn Lane, Stoke-on-trent ST4 8HA2
£135K01/210.5 mi87, Constance Avenue, Stoke-on-trent ST4 8TE2
£140K05/210.51 mi110, Constance Avenue, Stoke-on-trent ST4 8XJ2
£175K05/230.51 mi100, Constance Avenue, Stoke-on-trent ST4 8XJ2
£160K08/230.53 mi3, The Canal Mews, Stoke-on-trent ST4 8BF2
£160K08/230.53 mi3, The Canal Mews, Stoke-on-trent ST4 8BF2
£135K11/200.56 mi71, Danebower Road, Stoke-on-trent ST4 8TJ2
£150K02/210.62 mi8, Belvedere Road, Stoke-on-trent ST4 8RL2
£155K02/230.64 mi45, Wilson Road, Stoke-on-trent ST4 4QG2
£156K03/210.64 mi11, Aegean Close, Stoke-on-trent ST4 8UL2
£185K03/230.64 mi5, Aegean Close, Stoke-on-trent ST4 8UL2
£151K04/210.65 mi12, Northgate Close, Stoke-on-trent ST4 8UN2
£153K01/240.66 mi73, Burrington Drive, Stoke-on-trent ST4 8YD2
£160K09/230.67 mi45, Cardigan Grove, Stoke-on-trent ST4 8XY2
£195K08/230.67 mi28, Cardigan Grove, Stoke-on-trent ST4 8XY2
£135K06/230.68 mi60, Janson Street, Stoke-on-trent ST4 4QH2
£150K02/210.68 mi11, Bengal Grove, Stoke-on-trent ST4 8HS2
£170K11/210.68 mi8, Bengal Grove, Stoke-on-trent ST4 8HS2
£180K02/230.68 mi14, Bengal Grove, Stoke-on-trent ST4 8HS2
£126K06/240.69 mi2, St James Place, Stoke-on-trent ST4 8RG2
£165K09/230.69 mi13, Queen Mary Road, Stoke-on-trent ST4 8QZ2

Local Rents

13 rents from £600/mo to £2.5K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75009/240.53 miThe Canal Mews, Trentham, Stoke-On-Trent2
£72509/240.57 miDanebower Road, Trentham,2
£79503/250.64 mi-2
£75009/240.66 miBurrington Drive, Trentham , Stoke-on-Trent2
£72511/230.82 mi-2
£72511/240.82 mi-2
£85009/240.86 miWaterbeck Grove, Trentham, ST42
£75007/230.87 mi-2
£79906/240.87 mi-2
£2,50001/240.88 mi-2
£2,00009/240.88 mi-2
£75001/240.89 mi-2
£60002/250.9 mi-2

Local Area Statistics

Population in ST4

56,870

Population in Stoke-on-Trent

347,755

Town centre distance

5.15 miles away

Nearest school

0.30 miles away

Nearest train station

1.46 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £140,000

December 12, 2024

Floor Plans

Description

  • IN NEED OF FULL RENOVATION THROUGHOUT +
  • NO UPWARDS CHAIN +
  • TWO BEDROOM SEMI DETACHED BUNGALOW +
  • SOUGHT AFTER LOCATION +
  • ATTENTION INVESTORS +
  • CLOSE TO SHOPS, SCHOOLS AND AMENITIES +

As an Estate Agent, I am excited to present this semi-detached bungalow for sale in the charming town of Trentham. This property is perfect for those looking for a renovation project, as it is in need of full renovation throughout. However, with its prime location and potential, this property is a fantastic investment opportunity.

The bungalow boasts two bedrooms, one bathroom, and one reception room. The bedrooms are both spacious and offer plenty of natural light, while the reception room is perfect for entertaining guests or relaxing after a long day. The bathroom is in need of renovation, but with a little TLC, it could be transformed into a modern and stylish space.

The property also benefits from a large garden, which is perfect for those who enjoy spending time outdoors. The garden offers plenty of space for children to play, and for adults to relax and enjoy the sunshine. Additionally, there is ample space for parking, making this property ideal for those with multiple vehicles.

Located in Trentham, this property is situated in a prime location. Trentham is a charming town in Staffordshire, known for its beautiful gardens and stunning architecture. The town is home to Trentham Gardens, which is a popular tourist attraction and offers a range of activities for visitors to enjoy. The gardens are home to a variety of plants and wildlife, and visitors can explore the grounds on foot or by bike.

In addition to the gardens, Trentham is also home to a range of shops, restaurants, and cafes. The town centre is bustling with activity, and there is always something to see and do. Whether you are looking for a quiet coffee shop or a lively restaurant, Trentham has something to offer everyone.

For those who enjoy outdoor activities, Trentham is also home to a range of parks and nature reserves. The town is surrounded by beautiful countryside, and there are plenty of opportunities for hiking, cycling, and horse riding. Additionally, there are several golf courses in the area, making Trentham a popular destination for golf enthusiasts.

Overall, this semi-detached bungalow in Trentham is a fantastic investment opportunity. With its prime location and potential, this property is perfect for those looking for a renovation project. Additionally, Trentham is a charming town with plenty to see and do, making it an ideal location for those who enjoy outdoor activities and exploring new places.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Critchlow Estate Agents, Newcastle-under-Lyme

01782 493386

Next Steps?

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