2 Bed Bungalow, Refurb/BRRR, Stoke-on-Trent, ST8 7AQ, £225,000

223 Tunstall Road, Knypersley, ST8 7AQ - 2 months ago

Refurb/BRRR
Planning
~68 m²
+14 photos

ValuationOvervalued

Sold Prices£80K - £360K
Sold Prices/m²£1.1K/m² - £5.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£133,298

 

 

End Value (After Refurb)

£225,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£12,450

Refurb Costs

£28,969

Bridging Loan Interest

£5,906

Total Cash In

£105,325

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£225,000

Mortgage (After Refinance)

£168,750

Mortgage LTV

75%

Cash Left In

£105,325

Equity

£56,250

Rent Range

£600 - £3,100

Rent Estimate

£906

Running Costs/mo

£904

Cashflow/mo

£2

Cashflow/yr

£20

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £80K to £360K, average is £171.3K. £1.1K/m² to £5.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£127.5K10/200.16 mi4, Bateman Avenue, Brown Lees, Stoke-on-trent, Staffordshire ST8 6TD2
£115K06/210.17 mi74, Railway Cottages, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PL2
£80K03/210.17 mi70, Railway Cottages, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PL2
£80K03/210.17 mi70, Railway Cottages, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PL2
£165K02/230.21 mi2, Farnham Drive, Brown Lees, Stoke-on-trent, Staffordshire ST8 6TB2
£190K07/230.21 mi194, Tunstall Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AH2
£165K04/210.21 mi194, Tunstall Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AH2
£110K03/240.22 mi121, Brown Lees Road, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PN2
£140K07/230.23 mi9, Brown Lees Road, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PJ2
£180K04/240.23 mi43, Brown Lees Road, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PJ2
£148K01/240.26 mi43, Newpool Terrace, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PE2
£179.9K10/230.26 mi49, Newpool Terrace, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PE2
£165K08/230.3 mi22, Victoria Row, Knypersley, Stoke-on-trent, Staffordshire ST8 7PU2
£159.5K03/210.3 mi75, Lyneside Road, Knypersley, Stoke-on-trent, Staffordshire ST8 6SD2
£186K05/230.3 mi23, Lyneside Road, Knypersley, Stoke-on-trent, Staffordshire ST8 6SD2
£190K06/230.3 mi46, Lyneside Road, Knypersley, Stoke-on-trent, Staffordshire ST8 6SD2
£156K05/210.3 mi25, Lyneside Road, Knypersley, Stoke-on-trent, Staffordshire ST8 6SD2
£200.5K09/230.33 mi14, Endon Drive, Brown Lees, Stoke-on-trent, Staffordshire ST8 6NJ2
£220K10/200.34 mi13, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AL2
£360K02/240.34 mi15, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AL2
£187K05/210.34 mi15, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AL2
£135.5K11/200.35 mi34, Brook Street, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PF2
£170K10/230.37 mi3, Towerhill Road, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PD2
£179K05/230.37 mi7, Towerhill Road, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PD2
£82K01/210.37 mi2, Towerhill Road, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PD2
£168K10/230.37 mi7, Kestral Close, Knypersley, Stoke-on-trent, Staffordshire ST8 6PY2
£195K04/240.39 mi2, Mansfield Drive, Brown Lees, Stoke-on-trent, Staffordshire ST8 6NH2
£228K12/220.4 mi9, Denbigh Close, Knypersley, Stoke-on-trent, Staffordshire ST8 7AY2
£265K07/230.42 mi43, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AW2
£215K07/210.42 mi46, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AW2
£185K01/230.44 mi14, Lyndhurst Drive, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PB2
£195K11/230.44 mi16, Lyndhurst Drive, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PB2
£183K01/240.44 mi12, Lyndhurst Drive, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PB2
£270K05/230.48 mi101, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AR2
£195K01/210.48 mi101, Conway Road, Knypersley, Stoke-on-trent, Staffordshire ST8 7AR2
£163.5K02/210.51 mi57, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7AS2
£167K07/230.52 mi44, Birch Avenue, Knypersley, Stoke-on-trent, Staffordshire ST8 6NY2
£175K12/230.53 mi63, Towerhill Road, Brown Lees, Stoke-on-trent, Staffordshire ST8 6PA2
£172.5K12/210.53 mi40, Newpool Road, Knypersley, Stoke-on-trent, Staffordshire ST8 6NS2
£162K02/230.55 mi63, Newpool Road, Knypersley, Stoke-on-trent, Staffordshire ST8 6NT2
£137K03/230.6 mi9, New Buildings, Knypersley, Stoke-on-trent, Staffordshire ST8 7QA2
£215K06/230.6 mi3, Gwyn Avenue, Knypersley, Stoke-on-trent, Staffordshire ST8 7BW2
£210K03/210.63 mi120, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7BQ2
£240K12/220.63 mi126, Park Lane, Knypersley, Stoke-on-trent, Staffordshire ST8 7BQ2
£229K07/210.63 mi20, Menai Drive, Knypersley, Stoke-on-trent, Staffordshire ST8 7BN2
£90K11/200.71 mi110, Tunstall Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6HN2
£80K05/230.74 mi11, West Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HL2
£125K03/240.74 mi19, West Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HL2
£140K03/230.75 mi8, Hams Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6PR2
£148K11/230.75 mi10, Hams Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6PR2

Local Rents

15 rents from £600/mo to £3.1K/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£90002/250.68 mi-2
£3,10009/240.76 mi-2
£79509/240.76 mi-2
£84508/240.76 mi-2
£65009/240.76 miTunstall Road, Biddulph, Stoke-On-Trent2
£82512/240.92 mi-2
£65009/241.03 mi-2
£79503/251.03 mi-2
£1,10004/251.06 mi-2
£67509/241.11 miHigh Street, ST82
£60006/241.12 mi-2
£70009/241.12 miLovit View, High Street, ST82
£60009/241.17 mi-2
£65006/231.23 mi-2
£70012/231.23 mi-2

Local Area Statistics

Population in ST8

20,197

Population in Stoke-on-Trent

347,755

Town centre distance

4.32 miles away

Nearest school

0.40 miles away

Nearest train station

2.88 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £225,000

February 13, 2025

Floor Plans

Description

  • Available To Purchase With No Onward Chain. +
  • A Detached Bungalow In Need Of Selective Modernisation. +
  • Occupying A Generous Plot With Spacious Accomodation. +
  • Open Countryside Views And Large Driveway. +
  • Two Double Bedrooms And Bathroom. +
  • Freehold, Council Tax Band B. +

Here at Carters, we are proud to welcome to the market this very much loved detached bungalow which is available to purchase with no onward.

Although in need of modernisation, this fantastic property has endless potential, providing an purchase ideal for investors and families alike who are wanting to put their own stamp on things. Occupying a substantial plot, there are some of the most spectacular far reaching views to enjoy with the property sitting overlooking beautiful Staffordshire countryside and Mill Hayes playing fields. The property itself is deceptively spacious and a generous size, with plenty of space to re-configure and extend (planning permission permitting), if desired. The accomodation comprises of an entrance porch, entrance hall, an open living/diner and a kitchen, which has been previously extended. There are also two double bedrooms to enjoy, one of which is to the front elevation, whilst the other is to the rear and a recently fitted family bathroom. Externally, the property is attractive and low maintenance, with a large, block paved driveway providing off-road parking for at least five vehicles, whilst the rear garden is a good size, enjoying an Indian stone patio and a polite artificial lawn. Situated on the outskirts of the town and enjoying a favourable non-estate location, there is an ambundance of amenties and activities to enjoy right on your doorstep, including the local shops, eateries, schools and gyms, as well as picturesque walks just around the corner, including Biddulph Valley Way and Greenbank Bank Country Park.

Viewings for this property are highly recommended, please give our friendly team a call on to get booked in.

Entrance Porch - UPVC double glazed entrance door to the front elevation and UPVC double glazed windows to the side and front elevation.
Vinyl flooring.

Entrance Hall - Wooden entrance door to the front elevation.
Coving. Radiator.

Lounge - 3.45m x 3.28m (11'4 x 10'9) - UPVC double glazed window to the front elevation.
Coving. Radiator. Archway leading into the dining space.

Dining Space - 3.33m x 3.10m (10'11 x 10'2) - UPVC double glazed window to the side elevation.
Feature coal effect gas fireplace. Coving. Radiator.

Kitchen/Diner - 4.19m x 2.77m (13'9 x 9'1) - Dual aspect UPVC double glazed windows and UPVC double glazed entrance door to the side elevation.
A range of fitted drawer and base units which incorporate work surfaces with an inset a stainless steel sink, mixer tap and drainer. Space and plumbing for a washing machine. Space for a fridge/freezer. Radiator. Vinyl flooring. Storage cupboard.

Bedroom One - 3.45m x 3.28m (11'4 x 10'9) - UPVC double glazed window to the front elevation.
Coving. Radiator.

Bedroom Two - 3.28m x 2.51m (10'9 x 8'3) - UPVC double glazed window to the rear elevation.
Coving. Radiator.

Bathroom - UPVC double glazed window to the side elevation.
A white three piece suite which comprises of a walk in panel bath, a vanity hand wash basin unit and a recessed WC. Partially tiled walls. Radiator. Storage cupboard. Vinyl flooring. Loft access.

Exterior - A large block paved driveway to the front elevation providing ample off road parking. To the rear there is an enclosed garden comprising of an artificial lawn area and an Indian stone paved patio area. There is also a gate giving access onto the playing fields.

Additonal Information - Freehold. Council tax band B.

PROPERTY SIZE: APPROX 710 square feet / 66 square metres

Disclaimer - Although we try to ensure accuracy, these details are set out for guidance purposes only and do not form part of a contract or offer. Please note that some photographs have been taken with a wide-angle lens. A final inspection prior to exchange of contracts is recommended. No person in the employment of Carters Estate Agents Ltd has any authority to make any representation or warranty in relation to this property. We obtain some of the property information from land registry as part of our instruction and as we are not legal advisers we can only pass on the information and not comment or advise on any legal aspect of the property. You should take advise from a suitably authorised licensed conveyancer or solicitor in this respect.

Agent Details

Carters Estate Agents Ltd, Biddulph

01782 890258

Next Steps?

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