2 Bed Terraced House, Single Let, Stoke-on-Trent, ST1 4LB, £80,000

Stanhope Street, Stoke-On-Trent ST1 4LB - 5 views - 3 months ago

BTL
ROI: 15%
~68 m²

ValuationUndervalued

Sold Prices£36K - £150K
Sold Prices/m²£514/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£82,781
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£550 - £2,900

Rent Estimate

£695

Running Costs/mo

£409

Cashflow/mo

£286

Cashflow/yr

£3,432

ROI

15%

Gross Yield

10%

Local Sold Prices

50 sold prices from £36K to £150K, average is £84.8K. £514/m² to £2.5K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£69K04/210.04 mi17, Garfield Street, Stoke-on-trent ST1 4LL2
£85K04/230.06 mi35, Whitmore Street, Stoke-on-trent ST1 4JS2
£83.5K01/240.06 mi21, Whitmore Street, Stoke-on-trent ST1 4JS2
£40K03/230.07 mi48, Whitmore Street, Stoke-on-trent ST1 4JT2
£108K05/210.11 mi18, Timmis Street, Stoke-on-trent ST1 4JY2
£80K02/230.22 mi49, Davis Street, Stoke-on-trent ST4 7AD2
£78K08/230.24 mi53, Davis Street, Stoke-on-trent ST4 7AD2
£110K02/230.26 mi49, Kimberley Road, Stoke-on-trent ST1 4DA2
£80K02/240.26 mi55, Kimberley Road, Stoke-on-trent ST1 4DA2
£69K05/210.26 mi37, Kimberley Road, Stoke-on-trent ST1 4DA2
£76K04/210.26 mi29, Kimberley Road, Stoke-on-trent ST1 4DA2
£75K01/240.26 mi8, Castlefield Street, Stoke-on-trent ST4 7AQ2
£49K02/240.27 mi43, Chatham Street, Stoke-on-trent ST1 4NY2
£36K12/200.28 mi37, Ladysmith Road, Stoke-on-trent ST1 4BY2
£85K09/230.28 mi21, Ladysmith Road, Stoke-on-trent ST1 4BY2
£69.4K11/210.31 mi18, Sefton Street, Stoke-on-trent ST1 4BQ2
£90K04/230.31 mi16, Sefton Street, Stoke-on-trent ST1 4BQ2
£100K01/230.33 mi29, Cavendish Street, Stoke-on-trent ST1 4BH2
£63K02/210.33 mi50, Harcourt Street, Stoke-on-trent ST1 4NP2
£70K05/230.33 mi20, Harcourt Street, Stoke-on-trent ST1 4NP2
£113K06/230.34 mi284, Etruria Vale Road, Stoke-on-trent ST1 4BL2
£84.5K03/230.35 mi20, Sandon Street, Stoke-on-trent ST1 4BJ2
£95K04/230.35 mi32, Sandon Street, Stoke-on-trent ST1 4BJ2
£113K05/210.35 mi104, Belmont Road, Stoke-on-trent ST1 4BT2
£130K04/240.35 mi94, Belmont Road, Stoke-on-trent ST1 4BT2
£117K06/210.45 mi11, Humbert Road, Stoke-on-trent ST1 5GA2
£142K02/240.45 mi17, Humbert Road, Stoke-on-trent ST1 5GA2
£110K03/210.48 mi19, Etruscan Street, Stoke-on-trent ST1 5PQ2
£126K04/210.48 mi39, Etruscan Street, Stoke-on-trent ST1 5PQ2
£126K01/210.48 mi38, Lakeside Close, Stoke-on-trent ST1 5GB2
£95K11/210.49 mi5, Brunswick Place, Stoke-on-trent ST1 3DD2
£81.5K07/230.49 mi19, Brunswick Place, Stoke-on-trent ST1 3DD2
£82K01/240.51 mi3, Northcote Street, Stoke-on-trent ST4 2RE2
£50K11/230.52 mi42, Elgin Street, Stoke-on-trent ST4 2RD2
£110K10/200.53 mi6, Pebble Mill Street, Stoke-on-trent ST1 5RG2
£120K06/210.54 mi84, Cavour Street, Stoke-on-trent ST1 5PL2
£120K06/210.54 mi84, Cavour Street, Stoke-on-trent ST1 5PL2
£68K03/240.57 mi52, Beresford Street, Stoke-on-trent ST4 2EX2
£50K10/230.59 mi2, Bethesda Road, Stoke-on-trent ST1 3AH2
£73K12/230.61 mi50, Harley Street, Stoke-on-trent ST1 3LA2
£93K07/210.66 mi4, Queen Anne Street, Stoke-on-trent ST4 2EQ2
£47.5K10/210.66 mi29, Denbigh Street, Stoke-on-trent ST1 5JA2
£62.6K07/210.67 mi11, Portland Street, Stoke-on-trent ST1 5HZ2
£150K06/240.68 mi142, Cauldon Road, Stoke-on-trent ST4 2DY2
£65K12/200.69 mi27, Lowther Street, Stoke-on-trent ST1 5JE2
£63K03/240.69 mi112, Gilman Street, Stoke-on-trent ST1 3PN2
£129K04/210.71 mi170, North Street, Stoke-on-trent ST4 7DG2
£132K06/230.71 mi172, North Street, Stoke-on-trent ST4 7DG2
£118K10/230.71 mi180, North Street, Stoke-on-trent ST4 7DG2
£86K03/230.71 mi125, Gilman Street, Stoke-on-trent ST1 3PL2

Local Rents

43 rents from £550/mo to £2.9K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£65009/240.01 miStanhope Street; Hanley; ST12
£2,00002/240.06 mi-2
£95009/240.06 mi-2
£69512/240.06 mi-2
£69509/240.09 miBridgewater Court, Hanley, Stoke-on-Trent, ST12
£87010/240.22 mi-2
£87010/240.22 mi-2
£87010/240.22 mi-2
£72509/240.26 mi-2
£75003/250.26 mi-2
£90011/240.26 mi-2
£90004/250.28 mi-2
£55009/240.29 miLadysmith Road, Stoke-On-Trent, ST12
£98009/240.33 miClayworks, Hanley2
£1,01509/240.33 miClayworks, Hanley2
£90009/240.33 miClayworks, Hanley2
£97509/240.33 miClayworks, Hanley2
£89009/240.33 miClayworks, Hanley2
£93009/240.33 miClayworks, Hanley2
£69504/250.34 mi-2
£72501/250.34 mi-2
£72501/250.34 mi-2
£67509/240.38 miHartley Court, Cliffe Vale, Stoke On Trent, ST4 7GG2
£79509/240.4 miTattershall Court, Etruria2
£1,50002/240.43 mi-2
£1,50001/250.43 mi-2
£1,50002/250.43 mi-2
£72509/240.44 miPenstock Drive, Etruria2
£2,90001/240.44 mi-2
£2,90010/240.44 mi-2
£2,50010/240.46 mi-2
£2,50010/240.46 mi-2
£85002/250.46 mi-2
£77509/240.48 miEtruscan Street, Etruria2
£75003/250.49 mi-2
£75009/240.49 miWatermeadow Grove, Etruria2
£1,20012/240.53 mi-2
£85003/250.53 mi-2
£75001/240.55 mi-2
£75010/240.55 mi-2
£72509/240.55 mi-2
£67509/240.57 miSeaford Street, Shelton, ST4 2EU2
£77509/240.6 miNew Bernard Street, Hanley2

Local Area Statistics

Population in ST1

29,532

Population in Stoke-on-Trent

347,755

Town centre distance

1.80 miles away

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £80,000

February 8, 2025

Description

  • Great buy to let +
  • Shelton location +
  • Ideal home buyers home +
  • Two reception rooms +
  • Two bedrooms +
  • No upward chain +

Looking a place with NO UPWARD CHAIN. A great opportunity to buy either a home to live in or as BUY to LET investment.

Located in a popular area, this property is ideally situated close to Hanley city centre, Staffordshire University, and Stoke College. This makes it an attractive option for students and professionals alike.

The house boasts two spacious reception rooms, a kitchen, and a well-appointed bathroom, providing ample living space. Upstairs, you'll find two comfortable bedrooms, making it an ideal home for tenants.

Don’t miss out on this excellent investment opportunity. Arrange a viewing today and start earning rental income or to find your own home.

Agent Details

Butters John Bee, Hanley

01782 493723

Next Steps?

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