3 Bed Semi-Detached House, Refurb/BRRR, Stoke-on-Trent, ST8 6EJ, £180,000

Lawton Street, Biddulph, ST8 6EJ - 4 views - 4 months ago

Under Offer
Refurb/BRRR
ROI: 2%
~93 m²
+23 photos

ValuationOvervalued

Sold Prices£93K - £292.5K
Sold Prices/m²£828/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£154,446

 

 

End Value (After Refurb)

£170,970

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£39,554

Bridging Loan Interest

£4,725

Total Cash In

£97,629

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£170,970

Mortgage (After Refinance)

£128,227

Mortgage LTV

75%

Cash Left In

£97,629

Equity

£42,742

Rent Range

£725 - £1,150

Rent Estimate

£887

Running Costs/mo

£732

Cashflow/mo

£155

Cashflow/yr

£1,864

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £93K to £292.5K, average is £158K. £828/m² to £6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£127K07/210.01 mi11, Lawton Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EJ3
£175K08/210.02 mi20, Lawton Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EQ3
£156K12/200.02 mi12, Lawton Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EQ3
£161K03/210.04 mi59, Kingsfield Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6DP3
£97.5K06/210.12 mi9, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DT3
£152.5K12/230.12 mi29, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DT3
£272K09/230.14 mi25, Thames Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7HL3
£265K02/230.14 mi45, Thames Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7HL3
£200K02/210.14 mi43, Thames Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7HL3
£95K09/210.16 mi20, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6DX3
£155K07/210.17 mi75, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EF3
£223.5K04/230.18 mi41, Highfield Road West, Biddulph, Stoke-on-trent, Staffordshire ST8 6HB3
£202K07/230.19 mi31, Kingsfield Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6DN3
£130K11/200.2 mi69, Lawton Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EY3
£155K04/230.2 mi35, Lawton Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EY3
£149.9K03/210.2 mi21, Highfield Road East, Biddulph, Stoke-on-trent, Staffordshire ST8 6HA3
£96K10/230.21 mi27, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6BB3
£189.5K11/220.23 mi45, Fairfax Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6ER3
£230K08/230.23 mi39, Fairfax Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6ER3
£185K06/210.23 mi30, Fairfax Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6ER3
£195K05/210.25 mi16, Checkley Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7HQ3
£245K10/220.25 mi8, Tern Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7TL3
£135K07/230.25 mi126, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EZ3
£272.5K12/220.27 mi18, Dart Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7HG3
£150K12/200.27 mi15, Chamberlain Way, Biddulph, Stoke-on-trent, Staffordshire ST8 7BB3
£129K02/210.28 mi64, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HY3
£139K12/210.28 mi74, Lawton Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EX3
£136.5K06/210.28 mi25, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HX3
£140K10/210.29 mi62, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HX3
£160K08/230.29 mi25, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HX3
£110K02/210.29 mi73, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6AU3
£93K02/240.29 mi83, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6AU3
£149.9K10/230.29 mi76, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6AT3
£129.4K05/230.29 mi78, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6AT3
£141K12/230.29 mi11, Coppice Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6EU3
£142K12/200.29 mi37, Brocks Croft Gardens, Biddulph, Stoke-on-trent, Staffordshire ST8 6BX3
£123.8K10/220.29 mi26, Brocks Croft Gardens, Biddulph, Stoke-on-trent, Staffordshire ST8 6BX3
£161.5K09/220.3 mi32, Brocks Croft Gardens, Biddulph, Stoke-on-trent, Staffordshire ST8 6BX3
£103.5K02/210.3 mi87, Craigside, Biddulph, Stoke-on-trent, Staffordshire ST8 6BP3
£96K09/210.3 mi15, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HS3
£190K02/240.3 mi7, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HS3
£210K10/230.31 mi17, Bluebell Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6TJ3
£210K06/210.32 mi16, Swift Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7TX3
£215K11/210.32 mi5, Witham Way, Biddulph, Stoke-on-trent, Staffordshire ST8 7DH3
£292.5K11/220.32 mi16, Witham Way, Biddulph, Stoke-on-trent, Staffordshire ST8 7DH3
£229.5K01/210.32 mi3, Swift Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7TX3
£235K11/220.32 mi12, Swift Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7TX3
£188K12/200.34 mi58, Station Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6BS3
£245K03/210.35 mi12, Bollin Grove, Biddulph, Stoke-on-trent, Staffordshire ST8 7EZ3
£190K11/200.35 mi3, Eden Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7DJ3

Local Rents

15 rents from £725/mo to £1.1K/mo, average is £870/mo.

RentDateDistanceAddressBeds 
£75012/240.06 mi-3
£85003/250.06 mi-3
£1,10009/240.15 miCongleton Road, Biddulph, Staffordshire3
£89502/240.25 mi-3
£1,07011/240.25 mi-3
£72510/240.28 mi-3
£87009/240.29 mi-3
£1,07504/250.35 mi-3
£1,15001/250.38 mi-3
£85009/240.42 mi-3
£99504/250.42 mi-3
£75009/240.44 mi-3
£75009/240.44 mi-3
£77509/240.46 miCambridge Close, Gillow Heath3
£95009/240.61 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

5.35 miles away

Nearest school

0.20 miles away

Nearest train station

2.95 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £180,000

December 19, 2024

Floor Plans

Description

3 Bedrooms. Priory Property Services are delighted to offer for sale this very generous semi detached family home located in a popular residential location close to popular local schools, shops and leisure facilities. The property has an entrance hall with stairs to the first floor, kitchen with utility and ground floor w.c. off. Lounge and dining area. Three bedrooms and bathroom to the first floor. Large established garden to the rear elevation. The property is in need of some selective modernisation and is offered for sale with no upward chain!

Accommodation comprising of: Covered porch with uPVC double glazed door allowing access to the entrance hall. Entrance hall has stairs to the first floor landing. Panel radiator.  uPVC double glazed window to the side elevation.  Doors to principal rooms.  Fitted kitchen has eye and base level units, base units having work surfaces over and part tiled splash backs.  Space for cooker with circulator fan above.  Sink unit with chrome coloured mixer tap.  Space for under counter fridge. Plumbing and space for dishwasher.  uPVC double glazed window allowing views to the rear.  Door to useful under stairs storage cupboard.  Panel radiator.  Door to utility area and ground floor w.c.  (ideal area to develop into the kitchen). Off the utility area there are doors leading out to both the front and rear elevations.  

Large open plan lounge and dining areas.  Lounge area has uPVC double glazed window with views over the rear garden.   Fireplace with wooden surround, inset and hearth with gas fire.  Dining area has uPVC double glazed window allowing pleasant views over the front garden.  Coved ceiling with ceiling light points.  Both lounge and dining areas having panel radiators.  

First flooring landing has doors to three bedrooms and family bathroom.  uPVC double glazed window allowing extra light to the landing. Family bathroom has three piece suite with panel bath having mixer tap and shower attachment.  Low level w.c. and pedestal wash hand basin.  Panel radiator.  Tiled walls.  uPVC double glazed frosted window.  

Externally the property is approached via off road parking and lawned garden with mature shrubs and bushes.  Easy pedestrian access to the front and side elevations.  Rear garden is mainly laid to lawn with mature shrubs and trees.  Timber fencing and hedgerows form the boundaries. 

The property has majority uPVC double glazing and gas central heating system with Vaillant boiler.  No upward chain. Viewing is highly recommended.

Agent Details

Priory Property Services, Biddulph

01782 493695

Next Steps?

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