3 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST7 8PQ, £110,000

Wesley Street, Wood Lane, Stoke-on-Trent, Staffordshire, ST7 8PQ - 2 months ago

Auction
Refurb/BRRR
ROI: 3%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£80K - £360K
Sold Prices/m²£1.1K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£112,200

 

 

End Value (After Refurb)

£194,241

Uplift in Value

+77%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Refurb Costs

£39,200

Bridging Loan Interest

£2,888

Total Cash In

£75,838

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£194,241

Agent Fees (1%)

£1,942

Bridging Loan

£82,500

Bridging Loan Interest

£2,888

Flip Profit

£33,961

Local Sold Prices

44 sold prices from £80K to £360K, average is £182.8K. £1.1K/m² to £3.8K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£167.5K03/230.08 mi76, Apedale Road, Wood Lane, Stoke-on-trent, Staffordshire ST7 8PH3
£240K10/200.08 mi18, Church Street, Wood Lane, Stoke-on-trent, Staffordshire ST7 8PE3
£167.5K11/200.13 mi1, Woodcroft, Wood Lane, Stoke-on-trent, Staffordshire ST7 8PD3
£300K05/240.2 mi14, Tomfields, Wood Lane, Stoke-on-trent, Staffordshire ST7 8PJ3
£230.3K07/240.3 mi1, Megacre, Wood Lane, Stoke-on-trent, Staffordshire ST7 8PA3
£360K10/230.3 mi25a, Megacre, Wood Lane, Stoke-on-trent, Staffordshire ST7 8PA3
£242K09/210.3 mi4, Elm Tree Drive, Bignall End, Stoke-on-trent, Staffordshire ST7 8NG3
£224K05/240.31 mi16, Birch Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LB3
£170.5K11/200.31 mi14, Birch Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LB3
£262K12/200.39 miHigh View House, 69, Boon Hill Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LF3
£320K12/230.47 mi14, Boon Hill Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LA3
£263K02/210.52 miHome End, Bignall Hill, Bignall End, Stoke-on-trent, Staffordshire ST7 8LS3
£200K12/200.53 mi1, Bridge Close, Bignall End, Stoke-on-trent, Staffordshire ST7 8RB3
£300K10/230.55 mi61, Stephens Way, Bignall End, Stoke-on-trent, Staffordshire ST7 8PL3
£225K04/210.56 mi20, Brindleys Way, Bignall End, Stoke-on-trent, Staffordshire ST7 8NN3
£183K02/210.62 mi7, Boughey Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8PR3
£137K07/240.62 mi9, Tibb Street, Bignall End, Stoke-on-trent, Staffordshire ST7 8PT3
£162.5K05/230.64 mi107, Audley Road, Newcastle, Staffordshire ST5 6BT3
£249K06/230.64 mi123, Audley Road, Newcastle, Staffordshire ST5 6BT3
£360K07/240.66 mi3, Westlands, Bignall End, Stoke-on-trent, Staffordshire ST7 8NJ3
£115K01/210.66 mi40, Hope Street, Bignall End, Stoke-on-trent, Staffordshire ST7 8PX3
£140K05/210.66 mi169, Audley Road, Newcastle, Staffordshire ST5 6BS3
£180K05/210.66 mi4, Gresley Way, Bignall End, Stoke-on-trent, Staffordshire ST7 8QR3
£245K10/210.7 mi1, Rileys Way, Bignall End, Stoke-on-trent, Staffordshire ST7 8QS3
£240K01/210.7 mi5, Rileys Way, Bignall End, Stoke-on-trent, Staffordshire ST7 8QS3
£141.5K05/210.73 mi132, Ravens Lane, Bignall End, Stoke-on-trent, Staffordshire ST7 8PY3
£210K01/210.74 mi5, Checkley Road, Newcastle, Staffordshire ST5 7TN3
£208K11/200.74 mi147, Heathcote Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LL3
£176K05/210.74 mi139, Heathcote Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LL3
£159.3K01/240.74 mi116, Heathcote Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LL3
£182.5K01/230.76 mi145, Heathcote Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LL3
£170K02/240.76 mi13, Station Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8LJ3
£198K01/210.81 mi24, Greendale Drive, Newcastle, Staffordshire ST5 7TU3
£137K04/210.84 mi33, Albert Street, Bignall End, Stoke-on-trent, Staffordshire ST7 8QB3
£150K05/230.85 mi21, Peartree Lane, Newcastle, Staffordshire ST5 7EY3
£180K03/210.86 mi89, Hougher Wall Road, Audley, Stoke-on-trent, Staffordshire ST7 8JA3
£173.5K09/230.94 mi9, Hill Terrace, Audley, Stoke-on-trent, Staffordshire ST7 8DD3
£210K10/230.94 mi37, Wimberry Drive, Newcastle, Staffordshire ST5 7SG3
£177.5K03/210.95 mi9, Hill Crescent, Alsagers Bank, Stoke-on-trent, Staffordshire ST7 8BG3
£185K09/230.96 mi1, Summerhill Drive, Newcastle, Staffordshire ST5 7SP3
£80K07/230.96 mi34, Wereton Road, Audley, Stoke-on-trent, Staffordshire ST7 8EN3
£150K11/210.97 mi173, Old Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8QH3
£171K09/210.97 mi117, Old Road, Bignall End, Stoke-on-trent, Staffordshire ST7 8QH3
£127.5K11/200.99 mi5, Mellard Street, Audley, Stoke-on-trent, Staffordshire ST7 8ES3

Local Rents

50 rents from £399/mo to £3.7K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£1,20009/240.01 miWesley Street , Wood Lane3
£1,20009/240.01 miWesley Street, Wood Lane, Stoke-on-Trent, Staffordshire, ST73
£1,29509/240.58 miBignall Hill, Bignall End, Stoke-On-Trent4
£65009/240.77 miChapel Street, Bignall End, Stoke-On-Trent2
£60009/240.81 miHaslington Close2
£1,50009/240.86 miCalrofold Drive, Newcastle, Staffordshire, ST54
£60009/240.86 miCresswell Avenue, Waterhayes1
£75009/240.87 miHougher Wall Road, Audley, Stoke-on-Trent, ST72
£65009/240.96 mi-2
£72509/240.96 miSummerhill Drive, Waterhayes2
£72509/240.96 mi-2
£60009/240.96 mi-2
£39909/240.96 mi-2
£62509/241.03 mi99 Wereton Road, Audley, ST7 8ER2
£75009/241.03 miSunningdale Grove, Chesterton, Newcastle-under-Lyme2
£65012/241.05 mi-2
£80009/241.14 miOakwood Place; Chesterton; ST53
£3,50012/241.18 mi-6
£75012/241.19 mi-2
£1,05009/241.2 miRed Lion Square; Newcastle-under-Lyme; ST53
£97509/241.2 miGranary Barn, Knowl Bank Road3
£62509/241.22 miVictoria Street, Chesterton, Newcastle2
£72504/251.23 mi-2
£67509/241.26 miVictoria Street, Chesterton, Newcastle, Staffordshire, ST53
£85011/241.29 mi-3
£89502/241.32 mi-3
£2,30003/241.38 mi-5
£3,70009/241.39 mi-3
£70009/241.41 miEmberton Street, Chesterton, Newcastle3
£99509/241.45 mi-3
£87502/251.59 mi-2
£72509/241.66 miBains Grove, Newcastle2
£80012/241.72 mi-3
£74509/241.75 mi-3
£80002/251.78 mi-3
£92509/241.84 miTalke Road; Chesterton; Newcastle-under-Lyme; ST53
£99503/251.94 mi-3
£79509/241.97 miBath Road, Silverdale3
£80009/242.01 miOldcastle Avenue, Bradwell, ST53
£95001/252.08 mi-3
£95001/252.08 mi-3
£68009/242.13 miLiverpool Road, Newcastle Under Lyme, ST51
£1,35009/242.13 mi-4
£99502/252.13 mi-3
£85001/242.15 mi-2
£85001/242.15 mi-2
£1,95009/242.16 miSneyd Terrace, Newcastle-under-Lyme, ST54
£75011/242.17 mi-2
£80001/252.18 mi-2
£1,00002/252.18 mi-3

Local Area Statistics

Population in ST7

53,396

Population in Stoke-on-Trent

347,755

Town centre distance

5.04 miles away

Nearest school

0.20 miles away

Nearest train station

2.71 miles away

 

 

Rental growth (12m)

+109%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £110,000

February 12, 2025

Floor Plans

Description

  • Three-bedroom terraced house +
  • Highly desirable location +
  • Two spacious reception rooms +
  • Charming fireplace +
  • South-facing garden +
  • Excellent public transport links +
  • Nearby schools +
  • Local amenities +
  • Green spaces and parks +
  • Modern auction sale method +

Presenting a three-bedroom terraced house, nestled in the highly desirable Wood Lane district of Bignall End, Stoke on Trent. This property is an opportunity ripe for the taking, particularly for first-time buyers, investors, or families with a vision to transform and modernise.

The property comprises two spacious reception rooms, each showcasing its unique character. The first reception room features a separate area with a charming fireplace, providing a cosy space for relaxation. The second reception room offers a serene garden view, connecting you with the outdoors.

The kitchen, bathed in natural light, is awaiting a transformation to suit your personal style. There are three bedrooms in the property; two are doubles and the third a single. Each bedroom provides ample space, ready to be customised to your needs. The bathroom is also in need of modernisation, providing the perfect canvas to create your dream space.

Notable features of this property include an inviting fireplace and a south-facing garden, perfect for enjoying sun-soaked afternoons.

The location is yet another highlight. It offers excellent public transport links, nearby schools for those with children, local amenities for everyday essentials, green spaces and parks for leisure, and walking routes for the nature enthusiasts.

This property is listed for sale, with the sale being conducted via the modern method of auction. Please call for more details. The council tax is in band A.

Come and view this property, which promises potential and a rewarding project. Embrace the opportunity to create a home tailored to your taste in a sought-after location.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack, payable on completion of the purchase, which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

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.

NLY240496/2

Agent Details

Reeds Rains, Newcastle under Lyme

01782 493354

Next Steps?

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