2 Bed Terraced House, Single Let, Stoke-on-Trent, ST1 2ED, £75,000

51 Lower Mayer Street, Stoke-On-Trent, ST1 2ED - 3 views - 4 months ago

Sold STC
BTL
ROI: 12%
~68 m²
+14 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£450 - £2,760

Rent Estimate

£600

Running Costs/mo

£374

Cashflow/mo

£226

Cashflow/yr

£2,708

ROI

12%

Gross Yield

10%













Local Rents

48 rents from £450/mo to £2.8K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£60009/240.01 miLower Mayer street, ST12
£67511/240.04 mi-2
£61509/240.08 miBaskerville Road, Stoke-On-Trent2
£67509/240.09 mi-2
£45003/250.15 mi-2
£45004/250.15 mi-2
£67504/250.16 mi-2
£46510/240.16 mi-2
£75004/250.18 mi-2
£67509/240.18 miBoulton Street, Stoke-On-Trent2
£75002/240.19 mi-2
£67509/240.2 miBold Street, Northwood2
£75009/240.21 mi80 Mount Street, ST1 2NP2
£65009/240.22 miEastbourne Road, Stoke-on-Trent, Staffordshire, ST12
£77501/250.23 mi-2
£65009/240.23 mi-2
£65009/240.24 miBirch Street, Northwood, Stoke-on-Trent, ST12
£72509/240.24 miGlover Street, Stoke-on-Trent, Staffordshire, ST12
£75009/240.27 mi-2
£67509/240.29 miMoston Street2
£74011/240.29 mi-2
£69502/250.29 mi-2
£89502/250.29 mi-2
£89502/250.29 mi-2
£85012/240.32 mi-2
£72503/250.32 mi-2
£79502/240.32 mi-2
£92510/240.34 mi-2
£65004/250.37 mi-2
£69509/240.4 miBradford Terrace, Birches Head, Stoke-on-Trent, ST12
£67502/250.4 mi-2
£2,76002/240.4 mi-2
£2,76009/240.4 mi-2
£2,76009/240.4 mi-2
£2,76001/250.4 mi-2
£2,76001/250.4 mi-2
£75012/240.42 mi-2
£1,00009/240.42 mi-2
£60002/240.43 mi-2
£66004/250.45 mi-2
£69502/240.45 mi-2
£72509/240.45 mi-2
£69003/250.45 mi-2
£85002/250.5 mi-2
£2,50009/240.55 mi-2
£75003/250.58 mi-2
£2,50010/240.61 mi-2
£2,50010/240.61 mi-2

Local Area Statistics

Population in ST1

29,532

Population in Stoke-on-Trent

347,755

Town centre distance

0.80 miles away

Nearest school

0.10 miles away

Nearest train station

1.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £75,000

December 18, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • MID TERRRACE +
  • CONVENIENT LOCATION +
  • TWO BEDROOMS +
  • TWO RECEPTION ROOMS +
  • COURTYARD +
  • EPC RATING tbc +
  • COUNCIL TAX BAND A +

OFFERED WITH NO ONWARD CHAIN

Goodmove are looking for a quick buyer to purchase this spacious mid terrace home. Located in the Hanley area of Stoke On Trent and within reach of all the local amenities the area has to offer along with road and rail links to beyond.

The accommodation on offer briefly consists: Entrance hall, living room, sitting room, kitchen and downstairs bathroom. Stairs then lead to the first floor landing with two spacious bedrooms.

Outside is a court yard garden.

Disclaimer - 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER GOODMOVE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Section 21 - Under the terms of the Estate Agency Act 1979 (section 21) please note that the Vendor of this property is a staff member of the Goodmove Group.

Agent Details

Good Move, Leeds

0113 519 5462

Next Steps?

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