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

31 Carlton Road, Stoke-On-Trent, ST4 2BG - 5 views - 3 months ago

Refurb/BRRR
ROI: 6%
71 m²
+3 photos

ValuationOvervalued

Sold Prices£48.5K - £265K
Sold Prices/m²£695/m² - £3.1K/m²

 

 

Square Metres

71 m²
Price/m²£1.5K/m²

Value Estimate

£101,150

 

 

End Value (After Refurb)

£107,768

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Refurb Costs

£29,003

Bridging Loan Interest

£2,888

Total Cash In

£65,640

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£107,768

Mortgage (After Refinance)

£80,826

Mortgage LTV

75%

Cash Left In

£65,640

Equity

£26,942

Rent Range

£300 - £3,200

Rent Estimate

£823

Running Costs/mo

£521

Cashflow/mo

£302

Cashflow/yr

£3,620

ROI

6%

Gross Yield

9%

Local Sold Prices

52 sold prices from £48.5K to £265K, average is £130K. £695/m² to £3.1K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£90K11/200.04 mi91, Spencer Road, Stoke-on-trent ST4 2BE3
£105K11/200.06 mi13, Boughey Road, Stoke-on-trent ST4 2BZ3
£107K11/210.14 mi216, Cauldon Road, Stoke-on-trent ST4 2BS3
£110K08/230.17 mi37, Avenue Road, Stoke-on-trent ST4 2DU3
£110K08/230.17 mi37, Avenue Road, Stoke-on-trent ST4 2DU3
£48.5K03/210.32 mi23, Haywood Street, Stoke-on-trent ST4 2RB3
£140.5K06/210.41 mi49, Ridgway Road, Stoke-on-trent ST1 3DP3
£106K10/230.41 mi41, Shelton Old Road, Stoke-on-trent ST4 7RX3
£75K11/200.49 mi51, Chatham Street, Stoke-on-trent ST1 4NY3
£90K03/210.49 mi29, Chatham Street, Stoke-on-trent ST1 4NY3
£136K03/230.51 mi444, Victoria Road, Stoke-on-trent ST1 3JE3
£125K01/230.52 mi428, Victoria Road, Stoke-on-trent ST1 3JE3
£168K06/210.52 mi1, Northcote Avenue, Stoke-on-trent ST4 7NB3
£136K11/230.52 mi6, Northcote Avenue, Stoke-on-trent ST4 7NB3
£182K09/230.55 mi107, Hartshill Road, Stoke-on-trent ST4 7LU3
£112.5K12/200.55 mi9, Gerrard Street, Stoke-on-trent ST4 7DS3
£149K07/240.55 mi9, Gerrard Street, Stoke-on-trent ST4 7DS3
£149K03/210.62 mi52, Honeywall, Stoke-on-trent ST4 7HX3
£125K03/240.63 mi11, Lynam Street, Stoke-on-trent ST4 7ED3
£265K08/230.65 mi9, Hallahan Grove, Stoke-on-trent ST4 7SL3
£64K02/210.65 mi80, Cornwallis Street, Stoke-on-trent ST4 1EA3
£119K07/230.65 mi25, Sage Close, Stoke-on-trent ST1 3SF3
£138K02/210.65 mi44, Oxford Street, Stoke-on-trent ST4 7EE3
£66K02/210.65 mi14, Parkhouse Street, Stoke-on-trent ST1 4PU3
£174K06/230.66 mi137, Richmond Street, Stoke-on-trent ST4 7DX3
£128K03/230.67 mi39, Oxford Street, Stoke-on-trent ST4 7EG3
£135K11/200.68 mi8, Bath Street, Stoke-on-trent ST4 7QR3
£68K04/210.68 mi56, Selwyn Street, Stoke-on-trent ST4 1EE3
£120K07/210.7 mi15, Brighton Street, Stoke-on-trent ST4 7HH3
£132K02/230.7 mi8, Brighton Street, Stoke-on-trent ST4 7HH3
£168K07/230.7 mi27, Brighton Street, Stoke-on-trent ST4 7HH3
£155K07/240.7 mi10, Brighton Street, Stoke-on-trent ST4 7HH3
£145K07/240.7 mi21, Brighton Street, Stoke-on-trent ST4 7HH3
£135K03/240.7 mi8, Wadham Street, Stoke-on-trent ST4 7HF3
£185K11/200.72 mi179, Hartshill Road, Stoke-on-trent ST4 7NE3
£132.5K02/210.73 mi37, Boon Avenue, Stoke-on-trent ST4 7QW3
£152K05/240.73 mi27, Boon Avenue, Stoke-on-trent ST4 7QW3
£230K09/230.73 mi19, Quarry Avenue, Stoke-on-trent ST4 7EW3
£125K10/210.75 mi62, Boon Avenue, Stoke-on-trent ST4 7QP3
£130K02/230.75 mi70, Boon Avenue, Stoke-on-trent ST4 7QP3
£130K11/230.75 mi10, Joanhurst Crescent, Stoke-on-trent ST1 4LA3
£115K02/210.76 mi4, Gill Walk, Stoke-on-trent ST1 4LH3
£110K11/200.76 mi156, City Road, Stoke-on-trent ST4 4NB3
£230K08/230.77 mi16, West Avenue, Stoke-on-trent ST4 7EU3
£230K08/230.77 mi16, West Avenue, Stoke-on-trent ST4 7EU3
£130K02/230.77 mi43, Stewart Street, Stoke-on-trent ST4 4NU3
£113K12/200.78 mi32, Alfred Street, Stoke-on-trent ST4 2HH3
£133K05/240.78 mi7, Alfred Street, Stoke-on-trent ST4 2HH3
£88K12/210.79 mi11, Leopold Street, Stoke-on-trent ST4 2JH3
£110K04/210.79 mi10, Clyde Walk, Stoke-on-trent ST1 4LQ3
£214K12/220.83 mi38, Trentmill Road, Stoke-on-trent ST1 3NH3
£235K11/230.83 mi3, Quarry Road, Stoke-on-trent ST4 7ER3

Local Rents

30 rents from £300/mo to £3.2K/mo, average is £873/mo.

RentDateDistanceAddressBeds 
£95004/250.01 mi-3
£90008/240.05 mi-3
£90001/250.05 mi-3
£2,50012/240.07 mi-3
£92004/250.08 mi-3
£30309/240.09 miConway Street, Shelton, Stoke-On-Trent, ST43
£45509/240.1 miGuildford Street, Stoke-On-Trent, ST43
£45509/240.11 mi-3
£47703/250.11 mi-3
£3,20009/240.13 mi-3
£87504/250.19 mi-3
£30009/240.2 miCauldon Road, Stoke-On-Trent, ST43
£39009/240.21 miBeresford Street, Shelton, Stoke-On-Trent, ST43
£1,20012/240.33 mi-3
£65109/240.41 mi-3
£65109/240.41 mi-3
£65109/240.41 mi-3
£65109/240.41 mi-3
£1,25609/240.46 miLeek Road, Joiners Square, Stoke-On-Trent, ST13
£2,60001/240.46 mi-3
£2,60012/240.46 mi-3
£2,75009/240.47 mi-3
£60009/240.47 mi-3
£60010/240.47 mi-3
£87009/240.49 miHartshill Road, Hartshill, Stoke-on-Trent, ST4 7LU3
£1,20509/240.49 miFoxfields, Stoke-on-Trent3
£85009/240.52 miSt. Andrews Square, Stoke-on-Trent, ST4 7GA3
£2,80009/240.55 mi-3
£90003/250.6 mi-3
£79512/240.61 mi-3

Local Area Statistics

Population in ST4

56,870

Population in Stoke-on-Trent

347,755

Town centre distance

2.24 miles away

Nearest school

0.10 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £110,000

January 24, 2025

Description

  • Three bedroom student investment property +
  • In need of internal modernisation +
  • Potential rental income £300 per week, including bills +
  • Double glazed and central heated +
  • Epc being renewed, Council Tax band A +
  • Ask an advisor to book your viewing +

In need of internal modernisation this prime pitch three bedroom student investment property benefits from gas central heating and double glazing throughout. Situated on the main thoroughfare between the two university sites this terrace property comprises bedroom, living room, kitchen, and bathroom at ground level with two bedrooms to the first floor. To the rear is an enclosed paid yard with pedestrian access.

Agent Details

Keates, Stoke On Trent

01782 847083

Next Steps?

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