3 Bed Semi-Detached House, Cash/Bridging Only, Stoke-on-Trent, ST8 6NA, £120,000

Church Close, Biddulph, ST8 6NA - 3 views - 4 months ago

Under Offer
Cash
ROI: 1%
~93 m²
+21 photos

ValuationFair Value

Sold Prices£55K - £376K
Sold Prices/m²£859/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£121,200

 

 

End Value (After Refurb)

£204,025

Uplift in Value

+70%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Refurb Costs

£39,554

Bridging Loan Interest

£3,150

Total Cash In

£79,254

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£204,025

Agent Fees (1%)

£2,040

Bridging Loan

£90,000

Bridging Loan Interest

£3,150

Flip Profit

£32,731

Local Sold Prices

51 sold prices from £55K to £376K, average is £147K. £859/m² to £4.8K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£105K01/230 mi86, Church Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6NA3
£118.5K03/210 mi98, Church Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6NA3
£152K10/230.04 mi1, Church Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6NB3
£129.5K05/210.04 mi17, Trent Grove, Biddulph, Stoke-on-trent, Staffordshire ST8 6ND3
£90K03/210.06 mi7, Mayfield Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6LU3
£115K01/210.09 mi8, Church Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6LY3
£55K12/200.12 mi3, Mayfield Court, Biddulph, Stoke-on-trent, Staffordshire ST8 6GZ3
£149K10/230.15 mi18, Queens Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7DA3
£156K01/240.15 mi36, Queens Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7DA3
£125K04/210.16 mi54, Mayfield Road, Biddulph, Stoke-on-trent, Staffordshire ST8 7BX3
£138K05/230.16 mi5, Warwick Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6LG3
£147K12/200.18 mi111, Lynmouth Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6LS3
£285K02/230.18 mi93b, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7BG3
£110K03/210.18 mi6, Springfield Road, Biddulph, Stoke-on-trent, Staffordshire ST8 7BY3
£260K08/210.18 mi142, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7BQ3
£280K06/230.18 mi154, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7BQ3
£125K12/200.19 mi61, Springfield Road, Biddulph, Stoke-on-trent, Staffordshire ST8 7BY3
£190K02/230.2 mi17, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7AT3
£160K01/230.22 mi82, Springfield Road, Biddulph, Stoke-on-trent, Staffordshire ST8 7DF3
£221.5K02/210.22 mi71, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AW3
£350K03/230.22 mi87, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AW3
£125K02/210.23 mi78, Springfield Road, Biddulph, Stoke-on-trent, Staffordshire ST8 7DF3
£100K09/210.23 mi53, Castleview, Biddulph, Stoke-on-trent, Staffordshire ST8 6LF3
£121.5K04/210.23 mi45, St Johns Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6LE3
£160K11/220.23 mi71, St Johns Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6LE3
£135K10/210.24 mi24, Duke Street, Biddulph, Stoke-on-trent, Staffordshire ST8 7DE3
£250K02/210.25 mi26, Menai Drive, Knypersley, Stoke-on-trent, Staffordshire ST8 7BN3
£285K05/240.25 mi26, Menai Drive, Knypersley, Stoke-on-trent, Staffordshire ST8 7BN3
£100K12/230.26 mi124, Springfield Road, Biddulph, Stoke-on-trent, Staffordshire ST8 7DG3
£217.5K12/200.27 mi4, Ruabon Close, Knypersley, Stoke-on-trent, Staffordshire ST8 7XE3
£120K07/210.27 mi2, Knowle Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6LH3
£165K10/230.27 mi33, Knowle Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6LH3
£130K02/230.28 mi14, Duke Street, Biddulph, Stoke-on-trent, Staffordshire ST8 7DE3
£116.3K08/230.28 mi8, William Avenue, Biddulph, Stoke-on-trent, Staffordshire ST8 6JH3
£120K11/230.3 mi24, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7AU3
£255K06/210.3 mi6, Oakfield Grove, Biddulph, Stoke-on-trent, Staffordshire ST8 6UH3
£167.5K05/210.3 mi39, Swallow Walk, Biddulph, Stoke-on-trent, Staffordshire ST8 6TY3
£143K03/210.31 mi21, Swallow Walk, Biddulph, Stoke-on-trent, Staffordshire ST8 6TY3
£145K07/210.31 mi18, Slater Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6JF3
£141K12/230.33 mi11, Coppice Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6EU3
£155.7K03/230.33 mi18, Slater Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6JF3
£215K01/240.33 mi95, Tunstall Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6LB3
£215K01/240.33 mi95, Tunstall Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6LB3
£139K12/210.35 mi74, Lawton Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EX3
£136.5K09/230.36 mi4, Shepherd Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6JA3
£253.5K11/200.36 mi20, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AL3
£160K01/210.36 mi18, Shaw Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6JE3
£178K07/230.36 mi12, Shaw Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6JE3
£225K02/210.36 mi8, Holywell Close, Knypersley, Stoke-on-trent, Staffordshire ST8 7XG3
£135K07/230.36 mi126, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EZ3
£376K06/210.36 mi14, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AL3

Local Rents

16 rents from £725/mo to £1.1K/mo, average is £860/mo.

RentDateDistanceAddressBeds 
£87508/240.2 mi-3
£80009/240.22 mi-3
£1,07504/250.27 mi-3
£87009/240.41 mi-3
£89502/240.46 mi-3
£1,07011/240.46 mi-3
£72510/240.51 mi-3
£75012/240.55 mi-3
£85003/250.55 mi-3
£1,10009/240.73 miCongleton Road, Biddulph, Staffordshire3
£75009/240.84 mi-3
£75009/240.84 mi-3
£77509/240.95 miCambridge Close, Gillow Heath3
£85009/240.99 mi-3
£1,15001/250.99 mi-3
£95009/241.16 miWhetstone Road, Gillow Heath, Stoke-On-Trent3

Local Area Statistics

Population in ST8

20,197

Population in Stoke-on-Trent

347,755

Town centre distance

4.74 miles away

Nearest school

0.20 miles away

Nearest train station

3.46 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £120,000

December 19, 2024

Sold for £99,950

2021

Description

  • Cash Purchase Only Due To Schindler Construction +
  • Three Bedroom Semi Detached Family Home +
  • Spacious & Modern Accommodation Throughout +
  • Lounge, Kitchen & Conservatory +
  • Good Sized Gardens +
  • Off Road Parking +
  • Ideal Buy To Let Investment +
  • No Upward Chain +

NEW INSTRUCTION! Available For Viewings. (Full Details Will Follow Once Approved By Our Vendors.)

This semi detached home is a fantastic opportunity to cash purchasers looking for a good sized home to live in or for an investment.
Cash purchase only, due to it being of Schindler construction. This 3 bedroom home offers modern & tasteful accommodation with additional extras such as a wood burning stove, rear conservatory & an upgraded imprinted concrete driveway.

The kitchen & shower room are also modern, presenting a turn key opportunity for purchasers. The rear garden is also a delightful feature with its stocked borders, lawned & paved gardens, as well as a useful timber workshop.

Offered at an attractive price, due to its cash purchase status, the rental expectations are those of a standard construction, therefore creating a better yield for investors. Of course those looking to downsize or reduce their mortgage will also be attracted by the price.

Offered for sale with no upward chain.

Agent Details

Whittaker & Biggs, Biddulph

01782 493529

Next Steps?

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