3 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST4 3DP, £100,000

Goldenhill Road, Fenton, Stoke-on-Trent, ST4 3DP - 15 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 9%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£65K - £230K
Sold Prices/m²£619/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£101,000

 

 

End Value (After Refurb)

£139,623

Uplift in Value

+40%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£37,989

Bridging Loan Interest

£2,625

Total Cash In

£71,564

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£139,623

Mortgage (After Refinance)

£104,717

Mortgage LTV

75%

Cash Released

£29,717

Cash Left In

£41,847

Equity

£34,906

Rent Range

£720 - £3,250

Rent Estimate

£1,269

Running Costs/mo

£710

Cashflow/mo

£559

Cashflow/yr

£6,707

ROI

9%

Gross Yield

15%

Local Sold Prices

49 sold prices from £65K to £230K, average is £135K. £619/m² to £3.2K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£133K10/210.05 mi10, Ludbrook Road, Stoke-on-trent ST4 3HL3
£65K05/230.05 mi18, Bosinney Close, Stoke-on-trent ST4 3QP3
£132K02/230.07 mi4, Kentmere Close, Stoke-on-trent ST4 3HN3
£165K10/230.1 mi1, Allensmore Avenue, Stoke-on-trent ST4 3HJ3
£150K11/210.1 mi8, Robin Hill Grove, Stoke-on-trent ST4 3QW3
£166K10/230.11 mi72, Newmount Road, Stoke-on-trent ST4 3HU3
£87K07/210.13 mi42, Newmount Road, Stoke-on-trent ST4 3HQ3
£145K08/230.13 mi57, Newmount Road, Stoke-on-trent ST4 3HQ3
£130K03/210.14 mi31, Newmount Road, Stoke-on-trent ST4 3HQ3
£105K11/200.14 mi140, Ashwood, Stoke-on-trent ST3 1AX3
£145K08/210.18 mi8, Longley Road, Stoke-on-trent ST3 1AT3
£120K06/230.19 mi14, Carling Grove, Stoke-on-trent ST4 3HP3
£75K11/230.22 mi8, Rill Street, Stoke-on-trent ST4 3DN3
£210K01/240.23 mi152, Heathcote Street, Stoke-on-trent ST3 5SN3
£163K04/230.25 mi20, Rachel Grove, Stoke-on-trent ST4 3QX3
£158K09/210.25 mi31, Menai Grove, Stoke-on-trent ST3 1UD3
£132K11/200.25 mi1, Menai Grove, Stoke-on-trent ST3 1UD3
£158.3K12/200.25 mi5, Menai Grove, Stoke-on-trent ST3 1UD3
£146K09/210.25 mi54, Galsworthy Road, Stoke-on-trent ST3 5UB3
£185K03/240.25 mi47, Galsworthy Road, Stoke-on-trent ST3 5UB3
£170K08/230.25 mi28, Galsworthy Road, Stoke-on-trent ST3 5UB3
£130K02/210.26 mi35, Forsyte Road, Stoke-on-trent ST3 5SG3
£177K10/230.26 mi47, Forsyte Road, Stoke-on-trent ST3 5SG3
£68.5K11/200.26 mi51, Hollings Street, Stoke-on-trent ST4 3HS3
£93K09/210.26 mi45, Hollings Street, Stoke-on-trent ST4 3HS3
£160K03/230.28 mi58, Sandwood Crescent, Stoke-on-trent ST3 1AS3
£122K02/210.28 mi1, Sandwood Crescent, Stoke-on-trent ST3 1AS3
£170K03/230.29 mi3, Jolyon Close, Stoke-on-trent ST4 3PY3
£135K04/210.29 mi98, Clayfield Grove West, Stoke-on-trent ST3 5SQ3
£91K03/230.3 mi3, Berdmore Street, Stoke-on-trent ST4 3HD3
£94K01/210.3 mi43, Smith Street, Stoke-on-trent ST3 1DR3
£113.8K02/230.3 mi30, Sandwood Crescent, Stoke-on-trent ST3 1AS3
£65K08/230.31 mi4, Burnham Street, Stoke-on-trent ST4 3EX3
£125K11/200.32 mi3, Hulse Street, Stoke-on-trent ST4 2PD3
£129K05/210.33 mi13, Pevensey Grove, Stoke-on-trent ST3 5AS3
£140K10/210.33 mi117, Edgefield Road, Stoke-on-trent ST3 1AG3
£175K05/240.33 mi6, Soames Crescent, Stoke-on-trent ST3 5JX3
£155K01/230.33 mi9, Hulse Street, Stoke-on-trent ST4 2PD3
£98K01/240.36 mi1, Cornwall Street, Stoke-on-trent ST3 1DN3
£109.5K03/230.36 mi31, Cornwall Street, Stoke-on-trent ST3 1DN3
£162.5K08/230.36 mi10, Blandford Close, Longton, Stoke-on-trent ST3 1ES3
£81K11/200.36 mi264, Fenpark Road, Stoke-on-trent ST4 2PA3
£150K04/240.36 mi270, Fenpark Road, Stoke-on-trent ST4 2PA3
£117.5K03/230.4 mi166, Oldfield Street, Stoke-on-trent ST4 3PQ3
£165K08/210.41 mi13, Shardlow Close, Stoke-on-trent ST4 2NZ3
£230K08/230.41 mi4, Bolina Grove, Stoke-on-trent ST3 5XT3
£112K04/210.42 mi14, Mossland Road, Stoke-on-trent ST3 5AB3
£145K08/240.42 mi4, Havergal Walk, Stoke-on-trent ST3 5ES3
£165K07/210.42 mi8, Broadlawns Drive, Stoke-on-trent ST3 5XP3

Local Rents

26 rents from £720/mo to £3.3K/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£75009/240.07 miKentmere Close, Stoke-on-Trent, Staffordshire, ST43
£82003/250.08 mi-3
£89504/250.13 mi-3
£82509/240.15 miRochester Road, Stoke-On-Trent3
£95009/240.25 miDrayton Road, Stoke-on-Trent, Staffordshire, ST33
£1,25001/250.26 mi-3
£85009/240.28 miSandwood Crescent, Longton3
£82501/250.32 mi-3
£82502/250.32 mi-3
£79504/250.32 mi-3
£1,00009/240.37 mi-3
£90008/240.37 mi-3
£90001/250.37 mi-3
£90004/250.37 mi-3
£85004/250.41 mi-3
£3,25009/240.42 mi-3
£2,95002/250.42 mi-3
£2,95004/250.42 mi-3
£99509/240.43 mi-3
£89509/240.43 mi-3
£95010/240.43 mi-3
£90009/240.48 miLoughborough Walk; Longton; ST33
£85004/250.48 mi-3
£85009/240.49 miHarleigh Mews, Meir Hay3
£72003/250.59 mi-3
£92504/250.59 mi-3

Local Area Statistics

Population in ST4

56,870

Population in Stoke-on-Trent

347,755

Town centre distance

3.20 miles away

Nearest school

0.10 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £100,000

February 6, 2025

Floor Plans

Description

  • End of terrace house +
  • Three bedrooms +
  • Spacious kitchen with dining area +
  • Driveway parking +
  • Close to local schools +
  • No onward chain +
  • Council Tax Band - A +
  • EPC - TBC +

OVERVIEW Welcome to this end of terrace house that is now on the market for sale. The property is in good condition, having been well maintained over the years, although it does now require some modernisation.

The house offers a lovely reception room that provides access to a delightful garden, perfect for those warm summer evenings. This creates a beautiful living space where you can relax and unwind.

The property boasts three bedrooms, two doubles and one single, providing ample space for a small family or professionals. Each bedroom presents a comfortable space where you can retreat for the evening.

The kitchen is a real highlight, offering a dining area where you can enjoy meals with family or friends. Although in need of some updates, it has a lot potential and gives you the perfect opportunity to make it your own.

The bathroom is functional, but like the kitchen, it is in need of modernisation. This provides a fantastic opportunity to make your mark and design a bathroom that suits your style and needs.

One of the key features of this property is the driveway parking, a real bonus in today's busy world. The house is ideally situated close to local schools and amenities, making it a convenient location for families.

This property is an excellent first-time buy or rental investment. Whether you are a first-time buyer looking to get on the property ladder or an investor seeking a promising opportunity, this house could be the perfect match for you. 

ENTRANCE HALL 9' 7" x 5' 1" (2.93m x 1.57m) Entered via a UPVC front door, stairs to first floor, radiator. 

KITCHEN 9' 7" x 8' 8" (2.93m x 2.65m) Fitted with wall and base units with worksurface over which incorporates a stainless steel sink unit and drainer, space for appliances, double glazed window to the front elevation, housing gas boiler, radiator. 

LOUNGE/DINER 14' 7" x 11' 7" (4.47m x 3.55m) Gas fire with hearth, double glazed window to the rear elevation, door into garden room, radiator.  

LANDING 7' 2" x 5' 2" (2.20m x 1.60m) Airing cupboard. 

BATHROOM 5' 2" x 5' 2" (1.60m x 1.58m) Comprising; low level WC, pedestal hand wash basin, and bath, double glazed window to the rear front elevation, radiator.  

BEDROOM ONE 9' 7" x 8' 7" (2.93m x 2.63m) Double glazed window to the rear elevation, radiator. 

DOBEDROOM TWO 11' 6" x 8' 7" (3.51m x 2.63m) Double glazed window to the front elevation, radiator. 

BEDROOM THREE 8' 4" x 5' 2" (2.56m x 1.60m) Double glazed window to the rear elevation, radiator.  

GARDEN ROOM 6' 3" x 5' 4" (1.93m x 1.65m) Having French doors opening onto the rear garden.  

EXTERNAL The property boasts driveway parking for one vehicle with an adjacent front garden. To the rear there is a delightful garden with paved patio, turfed lawn and established planting borders and hedges.

Agent Details

Martin & Co, Stoke On Trent

01782 262880

Next Steps?

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