2 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST6 1AP, £55,000

Hamil Road, Burslem, Stoke-On-Trent, ST6 1AP - 2 views - 2 months ago

Sold STC
Cash
Refurb/BRRR
ROI: 7%
~68 m²
+5 photos

ValuationFair Value

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

 

 

Square Metres

~68.11 m²
Price/m²£808/m²

Value Estimate

£55,550

 

 

End Value (After Refurb)

£83,135

Uplift in Value

+51%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£2,850

Refurb Costs

£27,600

Bridging Loan Interest

£1,444

Total Cash In

£47,394

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£83,135

Mortgage (After Refinance)

£62,352

Mortgage LTV

75%

Cash Released

£21,102

Cash Left In

£26,292

Equity

£20,784

Rent Range

£500 - £950

Rent Estimate

£687

Running Costs/mo

£417

Cashflow/mo

£270

Cashflow/yr

£3,238

ROI

7%

Gross Yield

15%

Local Sold Prices

50 sold prices from £38K to £190K, average is £92.3K. £494/m² to £2.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£61.5K04/210.05 mi8, Stanfield Road, Stoke-on-trent ST6 1AT2
£100K06/230.06 mi4, Tellwright Street, Stoke-on-trent ST6 1AX2
£80K12/200.09 mi27, Louise Street, Stoke-on-trent ST6 1AS2
£113K03/230.11 mi40, Minster Street, Stoke-on-trent ST6 1EW2
£110K05/230.12 mi6, Kelsall Street, Stoke-on-trent ST6 1HL2
£77.8K05/210.12 mi3, Kelsall Street, Stoke-on-trent ST6 1HL2
£38K12/200.13 mi21, Broadhurst Street, Stoke-on-trent ST6 1EY2
£90K11/210.13 mi14, Leigh Street, Stoke-on-trent ST6 1BE2
£61K08/210.13 mi14, Bowden Street, Stoke-on-trent ST6 1EZ2
£81K01/210.13 mi8, Bowden Street, Stoke-on-trent ST6 1EZ2
£89K05/210.13 mi27, Kelsall Street, Stoke-on-trent ST6 1HL2
£57.5K05/210.14 mi32, Broadhurst Street, Stoke-on-trent ST6 1EX2
£65K02/230.15 mi177, Hamil Road, Stoke-on-trent ST6 1AP2
£103K04/230.16 mi287, Hamil Road, Stoke-on-trent ST6 1BD2
£150K07/230.17 mi44, Shaftesbury Avenue, Stoke-on-trent ST6 1BP2
£89K10/210.18 mi113, Leonard Street, Stoke-on-trent ST6 1HJ2
£98.5K08/230.18 mi77, Leonard Street, Stoke-on-trent ST6 1HJ2
£130K11/200.19 mi118, Leonard Street, Stoke-on-trent ST6 1HH2
£93K08/230.21 mi42, Bowden Street, Stoke-on-trent ST6 1JB2
£75K10/210.22 mi67, May Street, Stoke-on-trent ST6 1JA2
£83K12/200.22 mi43, May Street, Stoke-on-trent ST6 1JA2
£105K12/200.23 mi9, Jean Close, Stoke-on-trent ST6 7BH2
£95K03/230.24 mi48, Gordon Street, Stoke-on-trent ST6 1HY2
£82K08/230.24 mi184, Moorland Road, Burslem, Stoke-on-trent ST6 1EB2
£95K04/230.26 mi115, Macclesfield Street, Stoke-on-trent ST6 1HU2
£100K06/230.26 mi135, Macclesfield Street, Stoke-on-trent ST6 1HU2
£156K11/210.27 mi5, The Grove, Stoke-on-trent ST6 1BL2
£190K03/210.27 mi15, The Grove, Stoke-on-trent ST6 1BL2
£180K09/230.27 mi21, Bluestone Avenue, Stoke-on-trent ST6 7EE2
£70K02/210.3 mi16, Leonard Street, Stoke-on-trent ST6 1HT2
£85K03/230.3 mi58, Leonard Street, Stoke-on-trent ST6 1HT2
£77.5K01/210.3 mi56, Leonard Street, Stoke-on-trent ST6 1HT2
£45K11/210.33 mi141, Haywood Road, Stoke-on-trent ST6 7AR2
£97.5K03/210.33 mi44, Bycars Road, Stoke-on-trent ST6 1BY2
£110K09/210.34 mi72, Bank Hall Road, Stoke-on-trent ST6 7DP2
£55K03/210.37 mi24, Wain Street, Stoke-on-trent ST6 4ES2
£50K03/210.37 mi69, Price Street, Stoke-on-trent ST6 4EN2
£49K02/230.38 mi16, Scotia Road, Stoke-on-trent ST6 4EP2
£65K05/230.39 mi29, Nicholas Street, Stoke-on-trent ST6 1AA2
£160K08/210.41 mi1, Belfast Close, Stoke-on-trent ST6 7PJ2
£106K11/210.43 mi36, Crossley Road, Stoke-on-trent ST6 7AJ2
£139.9K11/210.44 mi10, Sunningdale Close, Stoke-on-trent ST6 7BP2
£160K12/200.44 mi22, Sunningdale Close, Stoke-on-trent ST6 7BP2
£64K08/210.45 mi32, Fell Street, Stoke-on-trent ST6 1JT2
£150K08/230.49 mi56, Merrion Drive, Stoke-on-trent ST6 7PQ2
£148.5K12/200.49 mi416, High Lane, Stoke-on-trent ST6 7BN2
£91.5K06/230.49 mi32, Edge Street, Stoke-on-trent ST6 4HJ2
£151K05/210.51 mi6, Narvik Crescent, Stoke-on-trent ST6 7PB2
£165K01/210.52 mi19, Merrion Drive, Stoke-on-trent ST6 7PG2
£67K11/200.53 mi12, Orion Street, Stoke-on-trent ST6 1PB2

Local Rents

35 rents from £500/mo to £950/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£60012/240.02 mi-2
£79509/240.04 miLorne Street, Burslem, Stoke-On-Trent2
£79504/250.06 mi-2
£59509/240.12 miJackfield Street, Burslem, Stoke On Trent, Staffordshire, ST62
£66001/250.12 mi-2
£95002/250.13 mi-2
£70003/250.14 mi-2
£68001/250.18 mi-2
£69509/240.21 miDartmouth Street, Tunstall, ST62
£55002/240.22 mi-2
£67003/250.26 mi-2
£59512/240.34 mi-2
£65001/250.35 mi-2
£55002/240.35 mi-2
£67509/240.36 mi-2
£67509/240.36 miMountford Street, Stoke-On-Trent, ST62
£59512/240.37 mi-2
£59512/240.37 mi-2
£55012/240.38 mi-2
£80002/250.42 mi-2
£69501/240.49 mi-2
£62509/240.54 mi-2
£85012/240.54 mi-2
£75002/250.57 mi-2
£67509/240.57 miNorton Avenue, Burslem, ST62
£75012/240.57 mi-2
£50009/240.57 miManchester Court, Burslem, Stoke On Trent, ST62
£59509/240.57 miFederation Road, Burslem, Stoke-on-Trent, ST62
£67512/240.58 mi-2
£70012/240.58 mi-2
£85003/250.59 mi-2
£75001/250.6 mi-2
£78512/240.6 mi-2
£90012/240.61 mi-2
£69509/240.62 miRobert Heath Street, Smallthorne2

Local Area Statistics

Population in ST6

64,608

Population in Stoke-on-Trent

347,755

Town centre distance

1.41 miles away

Nearest school

0.10 miles away

Nearest train station

1.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £55,000

February 13, 2025

Description

    • A MATURE TERRACED PROPERTY SITUATED CLOSE TO LOCAL AMENITIES & THE POPULAR BURSLEM PARK * TWO BEDROOMS * TWO RECEPTION ROOMS * U.P.V.C. DOUBLE GLAZING * GAS C.H. SYSTEM * FITTED KITCHEN * ... +

* A MATURE TERRACED PROPERTY SITUATED CLOSE TO LOCAL AMENITIES & THE POPULAR BURSLEM PARK
* TWO BEDROOMS
* TWO RECEPTION ROOMS
* U.P.V.C. DOUBLE GLAZING
* GAS C.H. SYSTEM
* FITTED KITCHEN
* GROUND FLOOR BATHROOM
* REAR YARD
* PLEASE NOTE THAT THIS PROPERTY REQUIRES MODERNISATION THROUGHOUT *
* CASH OFFERS ONLY ABOVE £55,000 *

Agent Details

Priory Property Services, Tunstall

01782 493453

Next Steps?

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