3 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST6 5DE, £90,000

Ladywell Road, Tunstall, Stoke-on-Trent, ST6 5DE - 17 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 5%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£38K - £230K
Sold Prices/m²£504/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£90,900

 

 

End Value (After Refurb)

£145,462

Uplift in Value

+62%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Refurb Costs

£37,686

Bridging Loan Interest

£2,363

Total Cash In

£68,198

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£145,462

Mortgage (After Refinance)

£109,096

Mortgage LTV

75%

Cash Released

£41,596

Cash Left In

£26,602

Equity

£36,365

Rent Range

£650 - £1,400

Rent Estimate

£952

Running Costs/mo

£665

Cashflow/mo

£287

Cashflow/yr

£3,444

ROI

5%

Gross Yield

13%

Local Sold Prices

50 sold prices from £38K to £230K, average is £134.8K. £504/m² to £2.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£70K01/210.21 mi19, Pinnox Street, Stoke-on-trent ST6 6AH3
£73.5K11/210.25 mi24, Gibson Street, Stoke-on-trent ST6 6AQ3
£90K03/230.32 mi14, Kenworthy Street, Stoke-on-trent ST6 6DF3
£125K04/230.33 mi50, Knight Street, Stoke-on-trent ST6 5HY3
£120K09/210.34 mi84, Madison Street, Stoke-on-trent ST6 5HR3
£140K02/230.34 mi8, Grosvenor Place, Stoke-on-trent ST6 5HZ3
£180K02/230.4 mi14, May Avenue, Stoke-on-trent ST6 6EN3
£110K06/230.4 mi87, Parsonage Street, Stoke-on-trent ST6 5HL3
£103.5K06/210.41 mi61, Brownhills Road, Stoke-on-trent ST6 4LB3
£125K10/210.43 mi353, High Street, Stoke-on-trent ST6 5EN3
£120K04/210.44 mi19, Victoria Park Road, Stoke-on-trent ST6 6DX3
£161K07/230.44 mi20, Hurricane Grove, Stoke-on-trent ST6 5XJ3
£165K04/210.44 mi22, Hurricane Grove, Stoke-on-trent ST6 5XJ3
£162K02/210.44 mi28, Hurricane Grove, Stoke-on-trent ST6 5XJ3
£83.5K05/230.45 mi96, Bond Street, Stoke-on-trent ST6 5HF3
£155K06/210.49 mi9, Dakota Grove, Stoke-on-trent ST6 5XW3
£160K03/230.49 mi1, New Hayes Road, Stoke-on-trent ST6 5UF3
£117.5K02/210.49 mi42, New Hayes Road, Stoke-on-trent ST6 5UF3
£125K02/230.49 mi14, New Hayes Road, Stoke-on-trent ST6 5UF3
£128K06/210.53 mi9, Gallimore Close, Stoke-on-trent ST6 4DZ3
£135K10/230.54 mi25, Clanway Street, Stoke-on-trent ST6 5UG3
£145K03/210.54 mi59, Spitfire Way, Stoke-on-trent ST6 5XQ3
£140K04/210.54 mi64, Spitfire Way, Stoke-on-trent ST6 5XQ3
£170K04/210.54 mi68, Spitfire Way, Stoke-on-trent ST6 5XQ3
£130K06/210.55 mi143, Davenport Street, Stoke-on-trent ST6 4LG3
£134.5K09/230.55 mi136, Davenport Street, Stoke-on-trent ST6 4LG3
£38K04/230.56 mi48, Greenfield Road, Stoke-on-trent ST6 5NQ3
£141K09/230.56 mi50, Greenfield Road, Stoke-on-trent ST6 5NQ3
£230K05/210.57 mi4, Botesworth Gardens, Stoke-on-trent ST6 4SA3
£195K11/200.6 mi10, Mustang Close, Stoke-on-trent ST6 5XL3
£166K05/230.62 mi3, Barton Crescent, Stoke-on-trent ST6 4JA3
£225K04/230.63 mi125, Victoria Park Road, Stoke-on-trent ST6 6DY3
£227K04/210.63 mi167, Victoria Park Road, Stoke-on-trent ST6 6DY3
£93.8K08/210.64 mi143, Sherwin Road, Stoke-on-trent ST6 7BD3
£174.9K05/230.64 mi100, Westport Road, Stoke-on-trent ST6 4JF3
£160K12/200.66 mi14, Beaufighter Grove, Stoke-on-trent ST6 5XS3
£128K07/210.66 mi16, Linda Road, Stoke-on-trent ST6 5NB3
£112K10/210.66 mi29, Linda Road, Stoke-on-trent ST6 5NB3
£152.5K05/210.67 mi62, John Rhodes Way, Stoke-on-trent ST6 5XA3
£110K01/210.68 mi26, Linwood Way, Stoke-on-trent ST6 5NA3
£92K11/200.68 mi42, Hoskins Road, Stoke-on-trent ST6 5NF3
£97.7K06/210.69 mi57, Sherwin Road, Stoke-on-trent ST6 7BQ3
£118K10/210.7 mi43, Norris Road, Stoke-on-trent ST6 7AS3
£194K01/210.71 mi5, George Eardley Close, Stoke-on-trent ST6 5XD3
£145K06/230.72 mi10, Limeheath Place, Stoke-on-trent ST6 5ND3
£107K05/210.72 mi28, Norris Road, Stoke-on-trent ST6 7AT3
£115K05/210.72 mi9, Irene Avenue, Stoke-on-trent ST6 7HB3
£170K11/230.73 mi5, Norman Avenue, Stoke-on-trent ST6 7HD3
£220K02/210.73 mi15, William Coltman Way, Stoke-on-trent ST6 5XB3
£162.5K03/210.73 mi6, Andrew Mulligan Close, Stoke-on-trent ST6 5XF3

Local Rents

18 rents from £650/mo to £1.4K/mo, average is £870/mo.

RentDateDistanceAddressBeds 
£1,40009/240.09 mi-3
£1,40009/240.09 mi-3
£72503/250.22 mi-3
£85009/240.25 miGibson Street, Tunstall, ST63
£69512/240.27 mi-3
£65009/240.27 miPinnox Street, Stoke-On-Trent, ST63
£85001/250.27 mi-3
£72512/240.35 mi-3
£80012/240.39 mi-3
£89512/240.39 mi-3
£82304/250.4 mi-3
£95012/240.41 mi-3
£82504/250.46 mi-3
£1,15009/240.51 miSummerbank Road, STOKE-ON-TRENT3
£1,15009/240.51 miSummerbank Road, STOKE-ON-TRENT3
£1,20009/240.51 miSummerbank Road, STOKE-ON-TRENT3
£89509/240.6 miJaycean Avenue, Tunstall3
£89012/240.6 mi-3

Local Area Statistics

Population in ST6

64,608

Population in Stoke-on-Trent

347,755

Town centre distance

2.48 miles away

Nearest school

0.10 miles away

Nearest train station

1.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £90,000

January 20, 2025

Floor Plans

Description

  • No Chain +
  • Investment Property +
  • Three bedrooms +
  • Bathroom with separate WC +
  • Lots of Storage +
  • Resident Parking +

****NO CHAIN SALE A THREE BEDROOM townhouse property in the residential area of Tunstall. One thing this house isn't short of is **STORAGE SPACE! ** Only a short walk to the TOWN CENTRE and Westport Lake Visitor Centre where you will find canal walks and a childrens playground. Also has the convenience of being on the doorstep to all major road routes e.g. A500, M6, and the local bus route makes it easy to reach Hanley city centre for retail shopping! ONE RECEPTION ROOM, KITCHEN/DINER, THREE BEDROOMS and FAMILY BATHROOM and SEVERAL STORAGE CUPBOARDS. Ideal first time buyer or investor property.  Gas Central Heating, radiators and double glazed windows. Please see our 360 degree virtual tour and call for a face to face viewing!  Front Garden Approach the home via the front garden laid to lawn. Entrance Hall - 1.21 x 0.92m The entrance hall welcomes you in, with access to living room, kitchen and the staircase.  Living Room - 3.21 x 4.39m A bright and airy living room with white walls and laminate flooring. Lots of space for sofa, coffee table and media unit.  Storage cupboard A handy area for storing items out of the way. Kitchen 2.92 x 5.36m A host of beech coloured kitchen cabinetry, space for freestanding cooker, washing machine and fridge freezer. Breakfast counter. Housing the gas combi boiler. Space for a dining table and chairs. Door to the rear. **Pantry ** Near the kitchen, this additional area could be used as a pantry for dry food items. Understairs Storage Another useful area to tidy away cleaning appliances. Stairs and Landing Up the carpetted stairs to the landing leading to all 3 beds and family bathroom. Bedroom 1 - 2.95 x 3.58m A master bedroom, large enough for double bed and other furniture. Blue floral wallpaper adorn the walls and a large window lets light in. Storage cupboard Yes you guessed it! Another storage cupboard! Ideal as a wardrobe. Bedroom 2 - 3.28 x 2.71m A double bedroom with a lime green floral paper. This space is ready for you to move your furniture in.  Bedroom 3 - 2.43 x 2.63m Currently a child's single bedroom, this room benefits from a built in storage cupboard/wardrobe to maximise space!  Storage cupboard/Wardrobe Already with hanging rail to hang your clothes. Bathroom - 1.48 x 1.78m The family bathroom could benefit from some modernisation. Consisting of bathtub and sink. Separate WC - 1.52 x 0.86m The toilet is housed in this separate WC positioned next to the main bathroom. **Parking ** Residents parking to the rear of the property. Tenure - Freehold, Council Tax Band: A (Stoke on Trent city Council), EPC Rating: D We believe the property is of standard construction but with flat roof and asphalt cladding. The current owners bought the property from the Council. No EWS (External Wall System) Certificate is in place. If a buyer is interested in getting a mortgage for the property, please let us know and we will discuss with seller regarding getting this certificate in place. According to Ofcom's broadband checker, there should be ultrafast broadband up to 1000 Mbps download speed and 100 Mbps upload speed with Virgin Media and Openreach and the mobile checker shows likely outdoor network with major mobile phone providers EE, Three, O2 and Vodafone. Indoor networks may be more limited so please check with your mobile provider. Disclaimer - We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. For more information simply speak to someone in our branch today. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of up to 20% (inc VAT) of the mortgage commissions earned by the Mortgage Advice Bureau, if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you on to Goddard Dunbar, McQuades, Movebutler and their panel of solicitors, Charltons solicitors or Knights solicitors. We may receive a fee of up to £180 (inc VAT), if you use their services. If you require a removals firm, we can refer you to Move My Stuff. We may receive a fee of up to 10% of the invoice value, if you use their services.  EPC rating: D. Tenure: Freehold, Known building safety issues or planned/required works: Cladding on property. No EWS1 cladding cert. Mobile signal information: See the main description

Agent Details

Belvoir Sales, Stoke-On-Trent

01782 493685

Next Steps?

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