3 Bed Detached House, Refurb/BRRR, Stoke-on-Trent, ST9 0HU, £220,000

Heath Avenue, Werrington, Stoke-On-Trent, ST9 0HU - 3 months ago

Sold STC
Refurb/BRRR
~111 m²
+10 photos

ValuationFair Value

Sold Prices£103K - £499.5K
Sold Prices/m²£1.3K/m² - £5.1K/m²

 

 

Square Metres

~110.60 m²
Price/m²£2K/m²

Value Estimate

£220,000

 

 

End Value (After Refurb)

£284,345

Uplift in Value

+29%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£14,100

Refurb Costs

£45,191

Bridging Loan Interest

£5,775

Total Cash In

£121,816

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£284,345

Mortgage (After Refinance)

£213,259

Mortgage LTV

75%

Cash Released

£48,259

Cash Left In

£73,558

Equity

£71,086

Rent Range

£800 - £1,150

Rent Estimate

£904

Running Costs/mo

£1,089

Cashflow/mo

£-185

Cashflow/yr

£-2,225

Gross Yield

5%

Local Sold Prices

33 sold prices from £103K to £499.5K, average is £225K. £1.3K/m² to £5.1K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£238K10/210.05 mi54, Heath Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0HU3
£280K08/230.05 mi64, Heath Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0HU3
£220K08/230.12 mi17, Wilton Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0HZ3
£168K05/210.15 mi17, Wetley Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0HY3
£265K06/210.16 mi26, Wetley Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0HY3
£120K12/210.24 mi3, Cellarhead Road, Werrington, Stoke-on-trent, Staffordshire ST9 0DH3
£285K06/210.27 miDove Cottage, Leek Road, Wetley Rocks, Stoke-on-trent, Staffordshire ST9 0AR3
£225K06/230.29 mi11, Southlowe Road, Werrington, Stoke-on-trent, Staffordshire ST9 0HR3
£210K03/210.33 mi47, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JF3
£212K07/210.33 mi49, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JF3
£180K04/230.33 mi56, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JF3
£185K01/240.42 mi50, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JE3
£230K08/220.42 mi44, Moorside Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JE3
£196K09/210.44 mi26, Rownall Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JB3
£230K04/210.45 mi20, Rownall Road, Werrington, Stoke-on-trent, Staffordshire ST9 0JB3
£470K09/230.6 miThe Warren, Leek Road, Werrington, Stoke-on-trent, Staffordshire ST9 0DG3
£499.5K02/230.6 miMarch Cottage, March Lane, Werrington, Stoke-on-trent, Staffordshire ST9 0DL3
£225K02/230.6 mi22, Park Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EB3
£170K07/230.67 mi14, Park Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EB3
£167K05/210.75 mi3, James Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0DZ3
£225K01/240.75 mi43, James Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0DZ3
£220K11/230.75 mi11, James Crescent, Werrington, Stoke-on-trent, Staffordshire ST9 0DZ3
£220K09/230.82 mi18, Johnstone Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0DY3
£103K09/230.82 mi39, Johnstone Avenue, Werrington, Stoke-on-trent, Staffordshire ST9 0DY3
£197.5K03/210.86 mi14, Randles Lane, Wetley Rocks, Stoke-on-trent, Staffordshire ST9 0AT3
£350K12/200.86 miHawthorne Cottage, Randles Lane, Wetley Rocks, Stoke-on-trent, Staffordshire ST9 0AT3
£245K01/210.86 mi33, Sandy Hill, Werrington, Stoke-on-trent, Staffordshire ST9 0ET3
£160K07/210.88 mi15, Mount Close, Werrington, Stoke-on-trent, Staffordshire ST9 0EJ3
£250K08/220.9 mi1, Hill Village Road, Werrington, Stoke-on-trent, Staffordshire ST9 0DP3
£310K02/230.93 mi27, Meadow Avenue, Wetley Rocks, Stoke-on-trent, Staffordshire ST9 0BD3
£174.5K03/240.94 mi125, Armshead Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EL3
£250K05/210.94 mi123, Armshead Road, Werrington, Stoke-on-trent, Staffordshire ST9 0EL3
£240K11/230.94 mi8, Oak Mount Road, Werrington, Stoke-on-trent, Staffordshire ST9 0BZ3

Local Rents

8 rents from £800/mo to £1.1K/mo, average is £873/mo.

RentDateDistanceAddressBeds 
£89512/241.01 mi-2
£1,15009/241.12 miCotehill Road, Werrington, Stoke-on-Trent, ST93
£85009/241.13 miCotehill Road, Werrington, Stoke-On-Trent, ST92
£80009/241.27 miMoss Park Avenue, Werrington, Stoke-on-Trent, Staffordshire, ST92
£89509/242.29 miBrookhouse Lane, Stoke-on-Trent, Staffordshire, ST22
£82511/242.45 mi-3
£82512/242.45 mi-3
£99509/242.47 miFernlea Grove, Longton3

Local Area Statistics

Population in ST9

11,933

Population in Stoke-on-Trent

347,755

Town centre distance

3.88 miles away

Nearest school

0.10 miles away

Nearest train station

3.92 miles away

 

 

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+24%

Property History

Listed for £220,000

February 8, 2025

Floor Plans

Description

  • Detached House +
  • Sought After Residential Area +
  • In Need Of Updating & Modernisation +
  • Gas Central Heating +
  • Double Glazing +
  • Front & Rear Gardens +
  • Driveway & Garage +
  • Backing Onto Fields +
  • Ideal Family Home +
  • No Upward Chain Involved +

* This three bedroom detached property is located in a highly sought after and well regarded location at Cellarhead.
* The property offers good sized accommodation and boasts some fantastic views over the surrounding countryside and backs onto fields.
* Benefiting from double glazing and gas fired central heating.
* Accommodation briefly comprises: Entrance Porch, Entrance Hall, Living Room, Conservatory, Kitchen, Utility Room and W.c to the ground floor. Landing Area, Three Bedrooms and Bathroom to the first floor.
* Driveway to the front providing off street parking leading to an attached single garage and lawned area.
* Good sized rear garden that is laid mainly to lawn with fields behind.
* The property is offered For Sale with No Upward Chain involved.

Entrance Porch - Access to:

Entrance Hall - Radiator. Stairs off.

Living Room - Radiator. Double doors to:

Conservatory - Radiator. Sliding doors to rear.

Kitchen - Wall and base units. Sink unit with drainer, rinser bowl and mixer tap. Cooker point. Radiator. Tiled walls.

Utility Room - Plumbing point. Tiled walls. Rear door. Access to garage.

W.C - W.c. Wash basin. Tiled walls.

Landing Area - Loft access.

Bedroom - Radiator. Fitted wardrobes and storage units.

Bedroom - Radiator.

Bedroom - Window to front.

Bathroom - Bath. W.c. Wash basin. Radiator. Airing cupboard. Tiled walls.

Outside - Driveway to the front providing off street parking leading to an attached single garage and lawned area. Good sized rear garden that is laid mainly to lawn with fields behind.

Agent Details

Bury & Hilton, Leek

01538 712525

Next Steps?

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