3 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST3 5DQ, £40,000

14 Weston Street, Stoke-on-Trent, ST3 5DQ - 68 views - a month ago

Auction
Refurb/BRRR
ROI: 17%
93 m²
+13 photos

ValuationUndervalued

Sold Prices£85K - £306K
Sold Prices/m²£924/m² - £3.3K/m²

 

 

Square Metres

93 m²
Price/m²£430/m²

Value Estimate

£41,200
BMV3%

 

 

End Value (After Refurb)

£121,832

Uplift in Value

+205%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£10,000

Stamp Duty & Legal Fees

£1,200

Refurb Costs

£38,000

Bridging Loan Interest

£1,050

Total Cash In

£52,000

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£121,832

Agent Fees (1%)

£1,218

Bridging Loan

£30,000

Bridging Loan Interest

£1,050

Flip Profit

£38,614

Local Sold Prices

49 sold prices from £85K to £306K, average is £160K. £924/m² to £3.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£181K04/230.04 mi14, Bambury Street, Stoke-on-trent ST3 5BX3
£120K12/200.05 mi306, Anchor Road, Stoke-on-trent ST3 5BS3
£175K04/230.05 mi64, Brightgreen Street, Stoke-on-trent ST3 5DG3
£220K10/210.07 mi15, Short Bambury Street, Stoke-on-trent ST3 5BT3
£120K04/230.1 mi31, Jervison Street, Stoke-on-trent ST3 5DD3
£175K05/230.11 mi50, Westonview Avenue, Stoke-on-trent ST3 5DJ3
£147K01/210.11 mi41, Westonview Avenue, Stoke-on-trent ST3 5DJ3
£88K10/210.12 mi331, Anchor Road, Stoke-on-trent ST3 5BL3
£155K04/210.13 mi46, Normanton Grove, Stoke-on-trent ST3 5BY3
£156.3K03/230.16 mi5, Hillgreen Road, Stoke-on-trent ST3 5AE3
£175K12/210.17 mi6, Rowanburn Close, Stoke-on-trent ST3 5US3
£160K09/210.17 mi16, Barleyford Drive, Stoke-on-trent ST3 5TF3
£178K04/230.17 mi16, Barleyford Drive, Stoke-on-trent ST3 5TF3
£133K12/200.19 mi12, Gawsworth Close, Stoke-on-trent ST3 5TB3
£207.8K04/230.19 mi12, Gawsworth Close, Stoke-on-trent ST3 5TB3
£112K04/210.21 mi14, Mossland Road, Stoke-on-trent ST3 5AB3
£165K09/230.23 mi12, Andover Close, Stoke-on-trent ST3 5RA3
£145K05/230.23 mi1, St Marys Road, Stoke-on-trent ST3 5DW3
£145K08/240.25 mi4, Havergal Walk, Stoke-on-trent ST3 5ES3
£169.9K03/240.31 mi7, Loganbeck Grove, Longton, Stoke-on-trent ST3 5UF3
£161K05/210.31 mi8, Loganbeck Grove, Stoke-on-trent ST3 5UF3
£140K10/210.31 mi117, Edgefield Road, Stoke-on-trent ST3 1AG3
£180K12/230.32 mi205, Bambury Street, Stoke-on-trent ST3 5BZ3
£140K07/230.32 mi117, Bambury Street, Stoke-on-trent ST3 5BZ3
£170K11/210.34 mi24, Vienna Way, Stoke-on-trent ST3 5YB3
£129K05/210.35 mi13, Pevensey Grove, Stoke-on-trent ST3 5AS3
£113.8K02/230.35 mi30, Sandwood Crescent, Stoke-on-trent ST3 1AS3
£140K10/230.37 mi160, Anchor Road, Stoke-on-trent ST3 5EN3
£160K03/230.37 mi58, Sandwood Crescent, Stoke-on-trent ST3 1AS3
£122K02/210.37 mi1, Sandwood Crescent, Stoke-on-trent ST3 1AS3
£127.5K08/210.38 mi127, St Marys Road, Stoke-on-trent ST3 5DR3
£190K02/240.39 mi15, Worth Close, Stoke-on-trent ST3 1TG3
£160K10/230.39 mi9, Worth Close, Stoke-on-trent ST3 1TG3
£140.5K11/200.39 mi16, Warsill Grove, Stoke-on-trent ST3 1TE3
£160K08/210.4 mi5, Warmson Close, Stoke-on-trent ST3 5RD3
£171K01/210.4 mi8, Deanscroft Way, Stoke-on-trent ST3 5XW3
£148.5K10/200.42 mi75, Harington Drive, Stoke-on-trent ST3 5SU3
£190K06/210.42 mi87, Harington Drive, Stoke-on-trent ST3 5SU3
£180K05/210.43 mi15, Timothy Close, Stoke-on-trent ST3 5RB3
£196K12/200.44 mi70, Harington Drive, Stoke-on-trent ST3 5ST3
£85K02/210.45 mi89, Anchor Road, Stoke-on-trent ST3 1JY3
£210K01/240.45 mi152, Heathcote Street, Stoke-on-trent ST3 5SN3
£190K06/230.46 mi52, Amblecote Drive, Stoke-on-trent ST3 5XH3
£306K03/230.46 mi26, Amblecote Drive, Stoke-on-trent ST3 5XH3
£167K09/230.46 mi4, Amison Street, Stoke-on-trent ST3 1LD3
£149K09/230.46 mi157, Amison Street, Stoke-on-trent ST3 1LD3
£135K04/210.46 mi98, Clayfield Grove West, Stoke-on-trent ST3 5SQ3
£130K02/210.46 mi35, Forsyte Road, Stoke-on-trent ST3 5SG3
£177K10/230.46 mi47, Forsyte Road, Stoke-on-trent ST3 5SG3

Local Rents

13 rents from £825/mo to £3.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£85009/240.37 miSandwood Crescent, Longton3
£85009/240.41 miHarleigh Mews, Meir Hay3
£82509/240.46 miAmison Street, Meir Hay, Stoke-on-Trent, ST33
£1,25001/250.46 mi-3
£82509/240.48 miRochester Road, Stoke-On-Trent3
£3,25009/240.58 mi-3
£2,95002/250.58 mi-3
£2,95001/250.58 mi-3
£1,10003/250.59 mi-3
£95009/240.59 miDrayton Road, Stoke-on-Trent, Staffordshire, ST33
£99509/240.6 mi-3
£89509/240.6 mi-3
£95010/240.6 mi-3

Local Area Statistics

Population in ST3

67,688

Population in Stoke-on-Trent

347,755

Town centre distance

3.28 miles away

Nearest school

0.30 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £40,000

February 20, 2025

Floor Plans

Description

  • Freehold Vacant possession upon completion. +

For Sale By Public Auction on 27 March 2025 starting at 08:30 AM - A vacant freehold mid terraced property

A mid terraced property, standing back from the road behind a foregarden.

Accommodation
Ground Floor: Hall, Two Reception Rooms, Kitchen, Utility Room, Bathroom/WC.
First Floor: Landing, Three Bedrooms.
Outside: Gardens.
The property benefits from having a gas fired central heating system and double glazing, however it is in need of modernisation.

Energy Performance Rating
D.

Tenure
Freehold Vacant possession upon completion.

Pre-auction Offers
Please note no offers will be considered prior to the Auction Sale.

Auctioneer's Note
Please note that the completion period for this property is 8 weeks (56 days).

Viewing Times
Viewings will be carried out on a block viewing basis. The times and dates will be available from Thursday 6th March 2025, please revisit our website after this date.

Live-Streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.

Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. . If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information available on Bond Wolfe’s website), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’ on the Bond Wolfe website, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Bond Wolfe, Auctions

0121 387 6767

Next Steps?

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