2 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST4 3QQ, £110,000

Clifton Street, Stoke-on-Trent, ST4 3QQ - 5 views - 3 months ago

Refurb/BRRR
ROI: 4%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£47.5K - £150K
Sold Prices/m²£718/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£76,994

 

 

End Value (After Refurb)

£107,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,800

Refurb Costs

£27,823

Bridging Loan Interest

£2,888

Total Cash In

£64,760

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£107,750

Mortgage (After Refinance)

£80,813

Mortgage LTV

75%

Cash Left In

£64,760

Equity

£26,938

Rent Range

£550 - £1,950

Rent Estimate

£756

Running Costs/mo

£508

Cashflow/mo

£248

Cashflow/yr

£2,977

ROI

5%

Gross Yield

8%

Local Sold Prices

52 sold prices from £47.5K to £150K, average is £88.5K. £718/m² to £3.2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£75.5K01/210.07 mi110, Christchurch Street, Stoke-on-trent ST4 3AN2
£85K11/230.07 mi64, Marlborough Street, Stoke-on-trent ST4 3QE2
£70K06/240.11 mi57, Masterson Street, Stoke-on-trent ST4 3QB2
£92.5K02/230.12 mi35, Masterson Street, Stoke-on-trent ST4 3QB2
£65.5K12/200.12 mi61, Watkin Street, Stoke-on-trent ST4 4PG2
£75K12/200.18 mi65, Welby Street, Stoke-on-trent ST4 4PJ2
£94K03/240.18 mi9, Welby Street, Stoke-on-trent ST4 4PJ2
£70K04/230.18 mi17, Alma Street, Stoke-on-trent ST4 4PH2
£80K12/230.18 mi3, Alma Street, Stoke-on-trent ST4 4PH2
£104K10/230.19 mi54, Welby Street, Stoke-on-trent ST4 4PL2
£82.5K03/210.19 mi112, Masterson Street, Stoke-on-trent ST4 4PD2
£130K09/210.21 mi31, Willow Tree Grove, Stoke-on-trent ST4 3BF2
£132.5K10/210.23 mi1, Raglan Walk, Stoke-on-trent ST4 4RH2
£90K06/240.29 mi36, Hitchman Street, Stoke-on-trent ST4 2HD2
£79K03/210.29 mi12, Ashworth Street, Stoke-on-trent ST4 4NY2
£74.5K12/210.31 mi14, Edison Street, Stoke-on-trent ST4 4NL2
£72K11/210.31 mi29, Chilton Street, Stoke-on-trent ST4 3AU2
£62K05/230.31 mi69, Chilton Street, Stoke-on-trent ST4 3AU2
£105K10/210.31 mi23, Edison Street, Stoke-on-trent ST4 4NL2
£93.5K04/230.32 mi13, Hertford Street, Stoke-on-trent ST4 3AX2
£127K08/230.33 mi12, Philip Street, Stoke-on-trent ST4 3HY2
£127K08/230.33 mi12, Philip Street, Stoke-on-trent ST4 3HY2
£86K12/200.33 mi193, Smithpool Road, Stoke-on-trent ST4 4PW2
£55K01/240.33 mi253, Duke Street, Stoke-on-trent ST4 3BJ2
£60K08/230.35 mi49, Wileman Street, Stoke-on-trent ST4 3LP2
£60K08/230.35 mi49, Wileman Street, Stoke-on-trent ST4 3LP2
£108K04/240.36 mi51, Stanier Street, Stoke-on-trent ST4 3LL2
£90K05/240.36 mi6, Stanier Street, Stoke-on-trent ST4 3LJ2
£73K11/210.36 mi18, Derry Street, Stoke-on-trent ST4 3BD2
£112.5K06/240.36 mi11, Derry Street, Stoke-on-trent ST4 3BD2
£100K11/200.37 mi196, Whieldon Road, Stoke-on-trent ST4 4JU2
£47.5K03/210.38 mi1, Tweed Street, Stoke-on-trent ST4 3BG2
£148K04/230.38 mi64, Beville Street, Stoke-on-trent ST4 2LH2
£87K03/230.39 mi59, Victoria Road, Stoke-on-trent ST4 2HG2
£110K03/210.39 mi23, Park Street, Stoke-on-trent ST4 3JB2
£107K09/210.39 mi49, Park Street, Stoke-on-trent ST4 3JB2
£100K04/210.39 mi94, Whieldon Road, Stoke-on-trent ST4 4JD2
£77K03/210.39 mi13, Leopold Street, Stoke-on-trent ST4 2JH2
£150K02/240.43 mi24, Wedgwood Road, Stoke-on-trent ST4 3LD2
£80.5K03/240.43 mi21, George Street, Stoke-on-trent ST4 2JS2
£115K03/230.44 mi31, Elliot Road, Stoke-on-trent ST4 3LQ2
£105K10/230.45 mi87, Duke Street, Stoke-on-trent ST4 3NR2
£116K08/230.46 mi19, Ashdale Road, Stoke-on-trent ST4 4LB2
£93K08/230.46 mi27, Ainsworth Street, Fenton, Stoke-on-trent ST4 4JR2
£93K08/230.46 mi27, Ainsworth Street, Fenton, Stoke-on-trent ST4 4JR2
£105.5K05/230.46 mi132, Stanier Street, Stoke-on-trent ST4 3LN2
£86.5K02/230.48 mi75, Edward Street, Stoke-on-trent ST4 2JT2
£125K09/230.48 mi2, Brogan Street, Stoke-on-trent ST4 3JY2
£60K01/210.49 mi156, Victoria Road, Stoke-on-trent ST4 2HQ2
£60K01/210.49 mi156, Victoria Road, Stoke-on-trent ST4 2HQ2
£55K02/210.49 mi180, Victoria Road, Stoke-on-trent ST4 2HQ2
£65K04/210.49 mi160, Victoria Road, Stoke-on-trent ST4 2HQ2

Local Rents

32 rents from £550/mo to £1.9K/mo, average is £698/mo.

RentDateDistanceAddressBeds 
£65009/240.07 miMarlborough Street, Fenton2
£59509/240.08 mi-2
£59509/240.08 miMarlborough Street, Stoke-On-Trent, ST42
£65002/240.09 mi-2
£69510/240.16 mi-2
£69509/240.18 miAlma Street, Fenton, Stoke-on-Trent ST42
£68002/240.18 mi-2
£79901/250.3 mi-2
£85012/240.3 mi-2
£77503/250.3 mi-2
£64504/250.32 mi-2
£75001/250.33 mi-2
£60008/240.33 mi-2
£65009/240.33 miDuke Street, Heron Cross, Stoke-on-Trent, ST42
£74503/250.33 mi-2
£72502/250.34 mi-2
£65012/240.34 mi-2
£55009/240.36 miStanier Street; Fenton; ST42
£1,00009/240.36 miDerry street2
£85001/250.37 mi-2
£65009/240.38 miHolly Place, Heron Cross, Stoke-on-Trent, ST42
£72504/250.41 mi-2
£65002/240.47 mi-2
£67504/250.47 mi-2
£69509/240.48 miDuke Street, Fenton, Stoke-on-Trent ST42
£1,95004/250.49 mi-2
£70003/250.54 mi-2
£76504/250.56 mi-2
£76504/250.56 mi-2
£76504/250.56 mi-2
£72509/240.57 mi-2
£72509/240.57 mi-2

Local Area Statistics

Population in ST4

56,870

Population in Stoke-on-Trent

347,755

Town centre distance

3.05 miles away

Nearest school

0.20 miles away

Nearest train station

1.05 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Price changed to £110,000

March 16, 2025

Listed for £120,000

January 24, 2025

Floor Plans

Description

  • TERRACE WITH TWO BEDROOMS +
  • TWO SEPARATE RECEPTION ROOMS +
  • TWO DOUBLE BEDROOMS TO FIRST FLOOR +
  • GALLEY KITCHEN +
  • SPACIOUS LIVING ACCOMMODATION THROUGHOUT +
  • SOUGHT AFTER LOCATIOM +
  • BOOK VIEWINGS 24/7 +
  • VIEW OUR ONLINE VIRTUAL TOUR NOW!!! +

The Property
Nestled in a highly sought-after and convenient location, 9 Clifton Street is a charming two-bedroom terraced property that offers fantastic potential. With its traditional layout, spacious rooms, and a generous rear yard overlooking greenery, this property presents an exciting opportunity for those looking to create a home tailored to their own tastes and needs. Best of all, this property comes with no onward chain, ensuring a smooth and straightforward purchase process.

Ground Floor
Upon entering the property, you are welcomed by two well-proportioned reception rooms, each offering ample space for comfortable living and entertaining. The rooms retain their original character and provide versatility for use as a living room, dining area, or home office.

The kitchen is located at the rear of the property and offers a practical layout with room for modernisation. It has the potential to be transformed into a contemporary cooking and dining space that meets the demands of modern living.

First Floor
Upstairs, the property boasts two generously sized double bedrooms, both filled with natural light and offering plenty of space for bedroom furniture. These rooms provide comfortable accommodation for families, couples, or individuals.

The family bathroom is also located on this floor, offering a functional space with the opportunity for updates to create a modern and stylish retreat.

Exterior
One of the standout features of this property is the large rear yard, which offers a private outdoor space for relaxation or entertaining. The yard enjoys open views as this property is not overlooked, creating a tranquil setting rarely found in such a convenient urban location.

The courtyard-style front adds to the charm of the property while keeping maintenance to a minimum.

Location
Situated in Stoke-on-Trent, this property is in close proximity to Stoke-on-Trent Train Station and Staffordshire University, making it an ideal choice for students, commuters, and professionals alike. Local amenities, including shops, schools, and leisure facilities, are also within close reach, ensuring all conveniences are at your doorstep. With excellent transport links, including easy access to major road networks and public transport options, this property’s location is truly unbeatable.

Summary
In need of some modernisation, 9 Clifton Street is a splendid property with tremendous potential. The added benefit of no onward chain makes this an even more attractive opportunity for buyers seeking a hassle-free transaction. Whether you are a first-time buyer, an investor, or someone looking for a project, this home offers a rare combination of charm, space, and location. Don’t miss the chance to view this fantastic property and unlock its full potential.

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 💪