3 Bed Semi-Detached House, Refurb/BRRR, Stoke-on-Trent, ST7 8EQ, £160,000

Westfield Avenue, Stoke-on-Trent, ST7 8EQ - 3 months ago

Under Offer
Refurb/BRRR
ROI: 2%
~101 m²
+10 photos

ValuationFair Value

Sold Prices£80K - £360K
Sold Prices/m²£1.1K/m² - £3.8K/m²

 

 

Square Metres

~101.10 m²
Price/m²£1.6K/m²

Value Estimate

£163,200

 

 

End Value (After Refurb)

£185,788

Uplift in Value

+16%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,900

Refurb Costs

£42,614

Bridging Loan Interest

£4,200

Total Cash In

£98,464

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£185,788

Mortgage (After Refinance)

£139,341

Mortgage LTV

75%

Cash Released

£19,341

Cash Left In

£79,123

Equity

£46,447

Rent Range

£399 - £3,500

Rent Estimate

£917

Running Costs/mo

£784

Cashflow/mo

£133

Cashflow/yr

£1,596

ROI

2%

Gross Yield

7%

Local Sold Prices

46 sold prices from £80K to £360K, average is £174.3K. £1.1K/m² to £3.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£158K05/230 mi64, Westfield Avenue, Audley, Stoke-on-trent, Staffordshire ST7 8EQ3
£158.5K08/210.01 mi16, Westfield Avenue, Audley, Stoke-on-trent, Staffordshire ST7 8EQ3
£175K08/230.07 mi5, Meadowside Avenue, Audley, Stoke-on-trent, Staffordshire ST7 8EH3
£185K03/240.09 mi52, Vernon Avenue, Audley, Stoke-on-trent, Staffordshire ST7 8EG3
£115K04/210.12 mi34, Booth Street, Audley, Stoke-on-trent, Staffordshire ST7 8EP3
£125K08/230.13 mi30, Booth Street, Audley, Stoke-on-trent, Staffordshire ST7 8EP3
£135K05/230.13 mi19, Booth Street, Audley, Stoke-on-trent, Staffordshire ST7 8EP3
£160K10/210.15 mi33, Queen Street, Audley, Stoke-on-trent, Staffordshire ST7 8HB3
£150K11/230.15 mi35, Queen Street, Audley, Stoke-on-trent, Staffordshire ST7 8HB3
£200K04/210.16 mi15, Barleyfields, Audley, Stoke-on-trent, Staffordshire ST7 8ED3
£105K06/210.17 mi9, Princess Avenue, Audley, Stoke-on-trent, Staffordshire ST7 8HA3
£115K05/230.17 mi57, Chester Road, Audley, Stoke-on-trent, Staffordshire ST7 8JD3
£130K11/230.17 mi64, Wereton Road, Audley, Stoke-on-trent, Staffordshire ST7 8ER3
£144K04/240.18 mi11, King Street, Audley, Stoke-on-trent, Staffordshire ST7 8EX3
£127.5K11/200.21 mi5, Mellard Street, Audley, Stoke-on-trent, Staffordshire ST7 8ES3
£80K07/230.22 mi34, Wereton Road, Audley, Stoke-on-trent, Staffordshire ST7 8EN3
£215K11/200.23 mi123, Nantwich Road, Audley, Stoke-on-trent, Staffordshire ST7 8DL3
£305K10/230.23 mi133, Nantwich Road, Audley, Stoke-on-trent, Staffordshire ST7 8DL3
£173.5K09/230.3 mi9, Hill Terrace, Audley, Stoke-on-trent, Staffordshire ST7 8DD3
£183K02/210.31 mi6, Church Street, Audley, Stoke-on-trent, Staffordshire ST7 8DE3
£180K03/210.32 mi89, Hougher Wall Road, Audley, Stoke-on-trent, Staffordshire ST7 8JA3
£150K11/210.53 mi173, Old Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8QH3
£171K09/210.53 mi117, Old Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8QH3
£170K02/240.66 mi13, Station Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LJ3
£360K07/240.7 mi3, Westlands, Bignall End, Stoke-on-trent, Staffordshire ST7 8NJ3
£245K10/210.72 mi1, Rileys Way, Bignall End, Stoke-on-trent, Staffordshire ST7 8QS3
£240K01/210.72 mi5, Rileys Way, Bignall End, Stoke-on-trent, Staffordshire ST7 8QS3
£180K05/210.72 mi4, Gresley Way, Bignall End, Stoke-on-trent, Staffordshire ST7 8QR3
£137K04/210.74 mi33, Albert Street, Bignall End, Stoke-on-trent, Staffordshire ST7 8QB3
£208K11/200.75 mi147, Heathcote Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LL3
£176K05/210.75 mi139, Heathcote Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LL3
£159.3K01/240.75 mi116, Heathcote Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LL3
£182.5K01/230.76 mi145, Heathcote Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LL3
£225K04/210.8 mi20, Brindleys Way, Bignall End, Stoke-on-trent, Staffordshire ST7 8NN3
£141.5K05/210.81 mi132, Ravens Lane, Bignall End, Stoke-on-trent, Staffordshire ST7 8PY3
£183K02/210.82 mi7, Boughey Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8PR3
£262K12/200.84 miHigh View House, 69, Boon Hill Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LF3
£300K10/230.84 mi61, Stephens Way, Bignall End, Stoke-on-trent, Staffordshire ST7 8PL3
£242K09/210.88 mi4, Elm Tree Drive, Bignall End, Stoke-on-trent, Staffordshire ST7 8NG3
£224K05/240.9 mi16, Birch Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LB3
£170.5K11/200.9 mi14, Birch Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LB3
£115K12/210.91 mi44, High Street, Halmer End, Stoke-on-trent, Staffordshire ST7 8AG3
£320K12/230.93 mi14, Boon Hill Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LA3
£200K12/200.93 mi1, Bridge Close, Bignall End, Stoke-on-trent, Staffordshire ST7 8RB3
£115K01/210.98 mi40, Hope Street, Bignall End, Stoke-on-trent, Staffordshire ST7 8PX3
£300K05/240.99 mi14, Tomfields, Wood Lane, Stoke-on-trent, Staffordshire ST7 8PJ3

Local Rents

27 rents from £399/mo to £3.5K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£65012/240.16 mi-2
£62509/240.17 mi99 Wereton Road, Audley, ST7 8ER2
£97509/240.22 miGranary Barn, Knowl Bank Road3
£75009/240.32 miHougher Wall Road, Audley, Stoke-on-Trent, ST72
£65009/240.75 miChapel Street, Bignall End, Stoke-On-Trent2
£1,29509/241.02 miBignall Hill, Bignall End, Stoke-On-Trent4
£1,20009/241.18 miWesley Street , Wood Lane3
£1,20009/241.18 miWesley Street, Wood Lane, Stoke-on-Trent, Staffordshire, ST73
£60009/241.97 miHaslington Close2
£1,50009/241.98 miCalrofold Drive, Newcastle, Staffordshire, ST54
£60009/242.01 miCresswell Avenue, Waterhayes1
£65009/242.09 mi-2
£60009/242.09 mi-2
£39909/242.09 mi-2
£72509/242.09 mi-2
£72509/242.09 miSummerhill Drive, Waterhayes2
£75012/242.21 mi-2
£75009/242.21 miSunningdale Grove, Chesterton, Newcastle-under-Lyme2
£80009/242.31 miOakwood Place; Chesterton; ST53
£3,50012/242.34 mi-6
£1,05009/242.37 miRed Lion Square; Newcastle-under-Lyme; ST53
£62509/242.4 miVictoria Street, Chesterton, Newcastle2
£79509/242.41 miBath Road, Silverdale3
£72504/252.41 mi-2
£67509/242.44 miVictoria Street, Chesterton, Newcastle, Staffordshire, ST53
£89502/242.45 mi-3
£85011/242.47 mi-3

Local Area Statistics

Population in ST7

53,396

Population in Stoke-on-Trent

347,755

Town centre distance

6.20 miles away

Nearest school

0.40 miles away

Nearest train station

2.86 miles away

 

 

Rental growth (12m)

+109%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £160,000

January 9, 2025

Floor Plans

Description

  • Semi Detached Property +
  • Three Good Sized Bedrooms +
  • Ready For Immediate Occupancy +
  • Sought-After Location +
  • Entrance Porch And Hallway +
  • Covered Outer Building +
  • Driveway +
  • Large Rear Patio And Tiered Garden +
  • Modernisation Potential +
  • Take A 360° Virtual Tour Online Now +

The Property
Nestled in a highly sought-after location, 19 Westfield Avenue, Audley presents a unique opportunity for buyers looking to create their dream home. In need of some minor modernisation, this property offers incredible potential to tailor it to your personal tastes and preferences while retaining its charm and functionality.

As you approach the property, you are welcomed by your very own driveway, complemented by a tiered front garden that enhances the home’s curb appeal. Upon entering, the entrance porch leads to a central hallway, which provides access to the main living spaces. The lounge is a generously sized area filled with natural light, offering a comfortable space to relax and entertain. Adjacent to the lounge is the kitchen dining room, a versatile space ideal for both everyday family meals and hosting guests.

The property also features a covered outer building, adding practicality and storage options. This space includes a W/C and a separate store room, providing additional utility and convenience for busy households.

On the first floor, you’ll find a bright landing area that leads to three well-proportioned bedrooms. Each bedroom offers ample space and versatility, suitable for family living or creating a home office. The family bathroom, also located on this floor.

The outdoor spaces are a true highlight of the property. To the rear, a large patio area serves as an ideal spot for outdoor dining, relaxation, or entertaining, while the expansive tiered garden provides endless possibilities for landscaping, gardening, or simply enjoying the outdoors.

This property represents an outstanding opportunity to create your forever home in a desirable location. With its spacious layout, excellent outdoor spaces, and potential for modernisation, 19 Westfield Avenue is not to be missed. Arrange a viewing today to see the possibilities this home has to offer.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Stoke-on-Trent

020 3909 0326

Next Steps?

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

Similar Properties

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