5 Bed HMO, Stoke-on-Trent, ST4 2BQ, £170,000

Boughey Road, Stoke-On-Trent, ST4 2BQ - 20 views - 2 months ago

HMO
ROI: 11%
~178 m²
+12 photos

ValuationUndervalued

Sold Prices£104K - £660K
Sold Prices/m²£1.3K/m² - £3.5K/m²

 

 

Square Metres

~178.28 m²
Price/m²£954/m²

Value Estimate

£207,400
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Room Rate

£382

Gross Rent

£1,910

Running Costs/mo

£1,450

Cashflow/mo

£460

Cashflow/yr

£5,525

ROI

11%

Gross Yield

13%

Local Sold Prices

37 sold prices from £104K to £660K, average is £395K. £1.3K/m² to £3.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£175K04/230.11 mi140, Boughey Road, Stoke-on-trent ST4 2BB5
£415K11/201.06 mi1, Thomas Ward Place, Stoke-on-trent ST4 7LW5
£500K08/231.29 mi67, James Street, Stoke-on-trent ST4 5HR5
£445K12/231.32 mi9, Newton Street, Stoke-on-trent ST4 6JN5
£218K02/211.49 mi3, Birch Street, Stoke-on-trent ST1 6PP5
£250K02/211.65 mi102, Godwin Way, Stoke-on-trent ST4 6JS5
£400K11/201.76 mi23, Sandy Lane, Newcastle, Staffordshire ST5 0LX5
£267K05/211.91 mi7, Heatherleigh Grove, Stoke-on-trent ST1 6SU5
£250K09/231.98 mi1, Tansy Way, Newcastle, Staffordshire ST5 3FD5
£300K05/222.05 mi1, Perivale Close, Stoke-on-trent ST1 6UD5
£250K07/212.07 miThe Bungalow, The Uplands, Newcastle, Staffordshire ST5 0TS5
£270K12/232.07 mi73, Buxton Street, Stoke-on-trent ST1 6BW5
£280K09/232.08 mi96, Buxton Street, Stoke-on-trent ST1 6BN5
£161K10/202.21 mi1, Langdale Crescent, Stoke-on-trent ST1 6DR5
£395K06/232.24 mi516, Werrington Road, Stoke-on-trent ST2 9DN5
£515K01/212.36 mi4, Chantry Road, Newcastle, Staffordshire ST5 2EU5
£286K04/212.38 mi17, Eleanor Crescent, Newcastle, Staffordshire ST5 3SB5
£402.5K02/232.41 mi31, Woodland Avenue, Newcastle, Staffordshire ST5 8AZ5
£540K11/202.42 mi60, Ash Bank Road, Stoke-on-trent, Staffordshire ST2 9DR5
£435K01/212.48 mi17, Park Avenue, Newcastle, Staffordshire ST5 8AX5
£525K09/232.5 mi3, Whitehouse, Clayton, Newcastle, Staffordshire ST5 4FB5
£390K02/232.59 mi26, Waveney Grove, Newcastle, Staffordshire ST5 3PN5
£375K01/212.63 mi131, Ash Bank Road, Stoke-on-trent, Staffordshire ST2 9DS5
£475K10/232.63 mi16, The Squirrels, Newcastle, Staffordshire ST5 4HZ5
£393K06/232.68 mi44, Dartmouth Avenue, Newcastle, Staffordshire ST5 3NY5
£660K03/212.73 miTudor House, School Lane, Stoke-on-trent ST3 3DU5
£540K10/232.74 mi14, Sneyd Avenue, Newcastle, Staffordshire ST5 2PP5
£317.5K08/212.74 mi76, Ferndown Drive, Newcastle, Staffordshire ST5 4BP5
£425K05/212.76 mi1, Fenners Grove, Stoke-on-trent ST4 8FH5
£407.5K12/202.81 mi2, Lords Close, Trentham, Stoke-on-trent ST4 8FQ5
£405K02/232.83 mi66, Sneyd Avenue, Newcastle, Staffordshire ST5 2PY5
£325K06/212.83 mi68, Sneyd Avenue, Newcastle, Staffordshire ST5 2PY5
£384K01/232.89 mi72, Chillington Way, Stoke-on-trent ST6 8GA5
£475K05/212.9 mi11, Naples Drive, Newcastle, Staffordshire ST5 2QD5
£435K06/212.91 mi10, Bluebell Drive, Newcastle, Staffordshire ST5 3UD5
£500K01/212.91 mi29, Bluebell Drive, Newcastle, Staffordshire ST5 3UD5
£104K09/212.97 mi3, Watermills Close, Stoke-on-trent ST6 8GD5

Local Area Statistics

Population in ST4

56,870

Population in Stoke-on-Trent

347,755

Town centre distance

2.18 miles away

Nearest school

0.10 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £170,000

February 11, 2025

Floor Plans

Description

  • Licensed HMO +
  • £1909 Gross Monthly Income +
  • Mid terraced +
  • Tenants in situ +
  • Staffordshire University Catchment +
  • Five Bedrooms +
  • Two bathrooms +
  • Communal kitchen diner +
  • Buy to let +
  • Investment opportunity +

Nicholas Humphreys present this HMO licensed mid terraced property for sale with tenants in situ. Generating £1909 gross per month this FIVE bedroom property is within walking distance of Staffordshire University making this an ideal investment opportunity.  The property includes an entrance hall, two ground floor bedrooms, spacious communal kitchen with seating area, ground floor shower room, three first floor bedrooms and a bathroom.  Externally there is a rear yard.   Located in the Shelton area of Stoke-on-Trent the property is a short walk from the University with a range of local amenities.  Hanley Park and Stoke and Hanley town centres are both within walking distance including Stoke Railway Station making this an ideal property for the student buy to let market.  Rental income details. Tenure Freehold
EPC rating D
Council Tax Band A
HMO licensed
Income £1909  - let until July 2025. Rental breakdown
Room One £88 per week
Room Two £86 per week
Room Three £88 per week
Room Four £88 per week
Room Five £93 per week
with a £10 allowance included bills. Viewings by appointment with notice.  EPC rating: D. Tenure: Freehold,

Agent Details

Nicholas Humphreys, Stoke-On-Trent

01782 890064

Next Steps?

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