2 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST6 1AP, £105,000

Hamil Road, Burslem, Stoke-on-Trent, Staffordshire, ST6 1AP - 3 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£38K - £190K
Sold Prices/m²£494/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£80,755

 

 

End Value (After Refurb)

£100,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,500

Refurb Costs

£27,600

Bridging Loan Interest

£2,756

Total Cash In

£62,856

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£100,000

Mortgage (After Refinance)

£75,000

Mortgage LTV

75%

Cash Left In

£62,856

Equity

£25,000

Rent Range

£550 - £950

Rent Estimate

£691

Running Costs/mo

£471

Cashflow/mo

£220

Cashflow/yr

£2,644

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £38K to £190K, average is £91.5K. £494/m² to £2.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£100K06/230.05 mi4, Tellwright Street, Stoke-on-trent ST6 1AX2
£110K05/230.06 mi6, Kelsall Street, Stoke-on-trent ST6 1HL2
£77.8K05/210.06 mi3, Kelsall Street, Stoke-on-trent ST6 1HL2
£90K11/210.07 mi14, Leigh Street, Stoke-on-trent ST6 1BE2
£89K05/210.07 mi27, Kelsall Street, Stoke-on-trent ST6 1HL2
£61.5K04/210.07 mi8, Stanfield Road, Stoke-on-trent ST6 1AT2
£113K03/230.07 mi40, Minster Street, Stoke-on-trent ST6 1EW2
£103K04/230.09 mi287, Hamil Road, Stoke-on-trent ST6 1BD2
£80K12/200.09 mi27, Louise Street, Stoke-on-trent ST6 1AS2
£57.5K05/210.12 mi32, Broadhurst Street, Stoke-on-trent ST6 1EX2
£150K07/230.12 mi44, Shaftesbury Avenue, Stoke-on-trent ST6 1BP2
£38K12/200.13 mi21, Broadhurst Street, Stoke-on-trent ST6 1EY2
£89K10/210.13 mi113, Leonard Street, Stoke-on-trent ST6 1HJ2
£98.5K08/230.13 mi77, Leonard Street, Stoke-on-trent ST6 1HJ2
£130K11/200.14 mi118, Leonard Street, Stoke-on-trent ST6 1HH2
£61K08/210.15 mi14, Bowden Street, Stoke-on-trent ST6 1EZ2
£81K01/210.15 mi8, Bowden Street, Stoke-on-trent ST6 1EZ2
£156K11/210.2 mi5, The Grove, Stoke-on-trent ST6 1BL2
£190K03/210.21 mi15, The Grove, Stoke-on-trent ST6 1BL2
£180K09/230.21 mi21, Bluestone Avenue, Stoke-on-trent ST6 7EE2
£75K10/210.22 mi67, May Street, Stoke-on-trent ST6 1JA2
£83K12/200.22 mi43, May Street, Stoke-on-trent ST6 1JA2
£93K08/230.22 mi42, Bowden Street, Stoke-on-trent ST6 1JB2
£65K02/230.22 mi177, Hamil Road, Stoke-on-trent ST6 1AP2
£95K04/230.23 mi115, Macclesfield Street, Stoke-on-trent ST6 1HU2
£100K06/230.23 mi135, Macclesfield Street, Stoke-on-trent ST6 1HU2
£105K12/200.23 mi9, Jean Close, Stoke-on-trent ST6 7BH2
£95K03/230.23 mi48, Gordon Street, Stoke-on-trent ST6 1HY2
£70K02/210.27 mi16, Leonard Street, Stoke-on-trent ST6 1HT2
£85K03/230.27 mi58, Leonard Street, Stoke-on-trent ST6 1HT2
£77.5K01/210.27 mi56, Leonard Street, Stoke-on-trent ST6 1HT2
£110K09/210.28 mi72, Bank Hall Road, Stoke-on-trent ST6 7DP2
£82K08/230.29 mi184, Moorland Road, Burslem, Stoke-on-trent ST6 1EB2
£45K11/210.33 mi141, Haywood Road, Stoke-on-trent ST6 7AR2
£160K08/210.34 mi1, Belfast Close, Stoke-on-trent ST6 7PJ2
£139.9K11/210.39 mi10, Sunningdale Close, Stoke-on-trent ST6 7BP2
£160K12/200.39 mi22, Sunningdale Close, Stoke-on-trent ST6 7BP2
£97.5K03/210.39 mi44, Bycars Road, Stoke-on-trent ST6 1BY2
£64K08/210.4 mi32, Fell Street, Stoke-on-trent ST6 1JT2
£106K11/210.41 mi36, Crossley Road, Stoke-on-trent ST6 7AJ2
£150K08/230.42 mi56, Merrion Drive, Stoke-on-trent ST6 7PQ2
£55K03/210.42 mi24, Wain Street, Stoke-on-trent ST6 4ES2
£151K05/210.44 mi6, Narvik Crescent, Stoke-on-trent ST6 7PB2
£50K03/210.44 mi69, Price Street, Stoke-on-trent ST6 4EN2
£49K02/230.44 mi16, Scotia Road, Stoke-on-trent ST6 4EP2
£148.5K12/200.45 mi416, High Lane, Stoke-on-trent ST6 7BN2
£165K01/210.45 mi19, Merrion Drive, Stoke-on-trent ST6 7PG2
£65K05/230.45 mi29, Nicholas Street, Stoke-on-trent ST6 1AA2
£67K11/200.5 mi12, Orion Street, Stoke-on-trent ST6 1PB2
£84K03/210.51 mi48, Camp Road, Stoke-on-trent ST6 1LF2

Local Rents

32 rents from £550/mo to £950/mo, average is £678/mo.

RentDateDistanceAddressBeds 
£79504/250.02 mi-2
£60012/240.06 mi-2
£95002/250.07 mi-2
£66001/250.08 mi-2
£59509/240.09 miJackfield Street, Burslem, Stoke On Trent, Staffordshire, ST62
£79509/240.11 miLorne Street, Burslem, Stoke-On-Trent2
£70003/250.13 mi-2
£68001/250.17 mi-2
£69509/240.18 miDartmouth Street, Tunstall, ST62
£55002/240.22 mi-2
£67003/250.23 mi-2
£59512/240.4 mi-2
£55002/240.41 mi-2
£65001/250.42 mi-2
£67509/240.43 mi-2
£67509/240.43 miMountford Street, Stoke-On-Trent, ST62
£59512/240.43 mi-2
£59512/240.43 mi-2
£69501/240.44 mi-2
£55012/240.44 mi-2
£80002/250.49 mi-2
£62509/240.5 mi-2
£75012/240.52 mi-2
£67509/240.53 miNorton Avenue, Burslem, ST62
£67512/240.54 mi-2
£70012/240.54 mi-2
£75001/250.54 mi-2
£78512/240.55 mi-2
£90012/240.55 mi-2
£69509/240.56 miRobert Heath Street, Smallthorne2
£85012/240.59 mi-2
£75002/250.61 mi-2

Local Area Statistics

Population in ST6

64,608

Population in Stoke-on-Trent

347,755

Town centre distance

1.39 miles away

Nearest school

0.10 miles away

Nearest train station

1.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Price changed to £105,000

February 28, 2025

Listed for £110,000

February 10, 2025

Floor Plans

Description

  • Immaculate terraced house +
  • Meticulously renovated +
  • Two double bedrooms +
  • Modern bathroom +
  • Luxurious walk-in shower +
  • Chef's delight kitchen +
  • Two splendid reception rooms +
  • Ornate fireplace +
  • Natural light-filled rooms +
  • Close to public transport +

Presenting an immaculately conditioned terraced house for sale, situated in the desirable area of Burslem. This property is brimming with unique features, having been fully renovated to the highest standard.

The house comprises of two spacious reception rooms, both bathed in natural light from large windows, with one boasting a charming fireplace, adding a touch of character and warmth to the space. The property also benefits from a modern kitchen, fitted with sleek units and built-in appliances, providing an ideal environment for all culinary needs.

Accommodation is generously proportioned, with two double bedrooms, promising comfortable living quarters. The property also features a modern bathroom suite, complete with a walk-in shower, offering a touch of luxury and convenience.

The location offers excellent public transport links and is conveniently placed near schools, making it an ideal purchase for first-time buyers or investors.

This house, with its blend of characterful features like the fireplace and modern renovations, presents an excellent opportunity for those looking to step onto the property ladder or add to their portfolio. The opportunity to own such a property is rare, making viewing a must to truly appreciate what is on offer.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QTU250062/2

Agent Details

Your Move, Tunstall

01782 493820

Next Steps?

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