5 Bed Detached House, Planning Permission, Stoke-on-Trent, ST4 2LQ, £325,000
Broadmine Street, Stoke-On-Trent, ST4 2LQ - 2 views - 5 months ago
Sold STC
Planning
~178 m²





+19 photos
ValuationFair Value
Sold Prices | £175K - £660K |
Sold Prices/m² | £1.6K/m² - £3.5K/m² |
| |
Square Metres | ~178.28 m² |
Price/m² | £1.8K/m² |
Value Estimate | £325,000 |
| |
End Value (After Refurb) | £218,459 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £81,250 |
Stamp Duty & Legal Fees | £14,700 |
Refurb Costs | £72,826 |
Bridging Loan Interest | £8,531 |
Total Cash In | £179,058 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £218,459 |
Mortgage (After Refinance) | £163,844 |
Mortgage LTV | 75% |
Cash Left In | £179,058 |
Equity | £54,615 |
Rent Range | £303 - £5,000 |
Rent Estimate | £900 |
Running Costs/mo | £883 |
Cashflow/mo | £17 |
Cashflow/yr | £208 |
ROI | 0% |
Gross Yield | 3% |
Local Sold Prices
34 sold prices from £175K to £660K, average is £411.3K. £1.6K/m² to £3.5K/m², average is £2.3K/m².
Local Rents
50 rents from £303/mo to £5K/mo, average is £900/mo.
Local Area Statistics
Population in ST4 | 56,870 |
Population in Stoke-on-Trent | 347,755 |
Town centre distance | 2.65 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.06 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +8% |
Sales demand | Seller's market |
Capital growth (5yrs) | +23% |
Property History
Listed for £325,000
December 13, 2024
Floor Plans


Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.