3 Bed Semi-Detached House, Single Let, Stoke-on-Trent, ST2 0DH, £99,000

91, Brackenfield Avenue, Stoke-on-trent, ST2 0DH. - 3 months ago

Sold STC
Auction
BTL
ROI: 14%
83 m²
+9 photos

ValuationUndervalued

Sold Prices£71K - £190K
Sold Prices/m²£835/m² - £2.4K/m²

 

 

Square Metres

83 m²
Price/m²£1.2K/m²

Value Estimate

£121,463
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,750

Stamp Duty & Legal Fees

£6,150

Total Cash In

£30,900

 

 

Cash Out

 

Rent Range

£795 - £900

Rent Estimate

£875

Running Costs/mo

£504

Cashflow/mo

£371

Cashflow/yr

£4,448

ROI

14%

Gross Yield

11%

Local Sold Prices

50 sold prices from £71K to £190K, average is £119.3K. £835/m² to £2.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£115K01/240.12 mi97, Brackenfield Avenue, Stoke-on-trent ST2 0DH3
£110K11/210.14 mi211, Winchester Avenue, Stoke-on-trent ST2 0LL3
£95K02/210.14 mi179, Winchester Avenue, Stoke-on-trent ST2 0LL3
£135K07/230.15 mi1, Rayleigh Way, Stoke-on-trent ST2 0LF3
£145K09/230.16 mi36, Housefield Road, Stoke-on-trent ST2 0DA3
£120K03/210.17 mi8, Middlefield Road, Stoke-on-trent ST2 0BZ3
£118K03/210.17 mi162, Chelmsford Drive, Stoke-on-trent ST2 0LE3
£117K03/210.17 mi166, Chelmsford Drive, Stoke-on-trent ST2 0LE3
£110K08/210.17 mi4, Chadwell Way, Stoke-on-trent ST2 0LG3
£130K03/240.18 mi536, Dividy Road, Stoke-on-trent ST2 0AF3
£115K09/230.18 mi544, Dividy Road, Stoke-on-trent ST2 0AF3
£100K12/200.19 mi5, Timble Close, Stoke-on-trent ST2 0AX3
£130K03/210.22 mi15, Tilbrook Close, Stoke-on-trent ST2 0AT3
£116.5K08/210.22 mi11, Tilbrook Close, Stoke-on-trent ST2 0AT3
£130K07/210.26 mi1, Templeton Avenue, Stoke-on-trent ST2 0AW3
£150K05/230.26 mi56, Templeton Avenue, Stoke-on-trent ST2 0AW3
£95K08/210.26 mi348, Beverley Drive, Stoke-on-trent ST2 0PA3
£118.5K01/210.28 mi351, Beverley Drive, Stoke-on-trent ST2 0PW3
£71K04/210.28 mi12, Nethercote Place, Stoke-on-trent ST2 0RL3
£114K07/230.28 mi309, Hall Hill Drive, Stoke-on-trent ST2 0AN3
£130K12/230.28 mi307, Hall Hill Drive, Stoke-on-trent ST2 0AN3
£105K05/210.28 mi319, Hall Hill Drive, Stoke-on-trent ST2 0AN3
£153K08/230.29 mi94, Lockington Avenue, Stoke-on-trent ST2 0NT3
£95K03/230.31 mi314, Hall Hill Drive, Stoke-on-trent ST2 0AL3
£110K11/230.31 mi304, Hall Hill Drive, Stoke-on-trent ST2 0AL3
£125K05/240.31 mi355, Dawlish Drive, Stoke-on-trent ST2 0RH3
£100K10/210.33 mi146, Aylesbury Road, Stoke-on-trent ST2 0LT3
£145K09/230.34 mi346, Dawlish Drive, Stoke-on-trent ST2 0RW3
£135K12/220.34 mi331, Dividy Road, Stoke-on-trent ST2 0BL3
£152K03/230.34 mi391, Dividy Road, Stoke-on-trent ST2 0BL3
£148K08/230.35 mi3, Calvary Crescent, Stoke-on-trent ST2 0AQ3
£190K09/210.36 mi14, Forefield Grove, Stoke-on-trent ST2 0TH3
£145K01/230.37 mi6, Forefield Grove, Stoke-on-trent ST2 0TH3
£100K10/210.37 mi94, Brundall Oval, Stoke-on-trent ST2 0PB3
£145K04/230.38 mi88, Chelmsford Drive, Stoke-on-trent ST2 0JW3
£98K03/210.38 mi59, Wrenbury Crescent, Bucknall, Stoke-on-trent ST2 9JZ3
£165K01/230.38 mi30, Onsetter Road, Stoke-on-trent ST2 0ST3
£142K12/200.39 mi27, Onsetter Road, Stoke-on-trent ST2 0ST3
£140K09/210.39 mi48, Onsetter Road, Stoke-on-trent ST2 0ST3
£166.5K06/230.39 mi48, Onsetter Road, Stoke-on-trent ST2 0ST3
£118.5K09/210.4 mi7, Hethersett Walk, Stoke-on-trent ST2 0PQ3
£117K12/200.4 mi3, Hethersett Walk, Stoke-on-trent ST2 0PQ3
£123K06/230.41 mi35, Winchester Avenue, Stoke-on-trent ST2 0JT3
£115K01/210.43 mi45, Wellfield Road, Stoke-on-trent ST2 0DU3
£125K03/230.43 mi400, Dividy Road, Stoke-on-trent ST2 9JY3
£90K03/210.45 mi61, Whitridge Grove, Stoke-on-trent ST2 0RR3
£108K06/210.47 mi1, Kendal Grove, Stoke-on-trent ST2 0NE3
£150K06/210.49 mi17, Pillar Close, Stoke-on-trent ST2 0SU3
£100K03/210.52 mi3, Thornhill Road, Stoke-on-trent ST2 0QG3
£129K05/230.52 mi25, Thornhill Road, Stoke-on-trent ST2 0QG3

Local Rents

10 rents from £795/mo to £900/mo, average is £845/mo.

RentDateDistanceAddressBeds 
£90002/250.02 mi-3
£85009/240.15 mi-3
£87511/240.17 mi-3
£84003/250.27 mi-3
£83002/250.31 mi-3
£79509/240.37 miWinchester Avenue, Stoke-On-Trent, ST23
£82511/240.5 mi-3
£82512/240.5 mi-3
£85009/240.54 miGlenfield Way, Bentilee3
£85009/240.55 miAylesbury Road, Bentilee3

Local Area Statistics

Population in ST2

34,047

Population in Stoke-on-Trent

347,755

Town centre distance

2.36 miles away

Nearest school

0.30 miles away

Nearest train station

1.58 miles away

 

 

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Price changed to £99,000

January 23, 2025

Price changed to £85,000

January 19, 2025

Listed for £90,000

January 10, 2025

Floor Plans

Description

  • TO BE SOLD UNDER AUCTION TERMS +
  • GREAT BUY TO LET POTENTIAL +
  • VACANT +
  • POPULAR LOCATION +
  • POTENTIAL YEILD OVER 12% BASED ON TODAY GUIDE +

TO BE SOLD BY ONLINE AUCTION ON 12TH FEBRUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS 91, Brackenfield Avenue, Stoke-on-trent, ST2 0DH. Not inspected by Edward Mellor reported to comprise; Semi-detached house with lounge, kitchen/diner, conservatory, three bedrooms and bathroom. Generous front and rear gardens. Double glazed windows and a recently installed gas boiler. Vacant possession. Photos have been provided by the vendor. New photos to follow. With the potential to achieve a strong rental yield or increase in value for resale, this property represents a lucrative opportunity for those looking to expand their portfolio. It is situated close to local amenities, schools, and transport links, making it an attractive option for tenants or future buyers and the area benefits from a strong rental market, and the area’s affordability ensures consistent demand from families and professionals. Here are a handful of similar properties which have sold close by which highlight the potential: 51, Winchester Avenue, Stoke-on-trent, ST2 0JT-Sold - 31/07/2024 £155,000 Semi-Detached 3 beds 0.41 mi 353, Dawlish Drive, Stoke-on-trent, ST2 0RH- Sold - 04/10/2024 £156,250 Semi-Detached 3 beds 0.34 mi 158, Ubberley Road, Stoke-on-trent, ST2 0EG- Sold - 29/07/2024 £138,000 Semi-Detached 3 beds 0.26 mi Tenant ready properties in the area achieve in the region of £875- £950pcm which is an impressive potential yield over 12% based on today guide price.  EPC on order.

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

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