2 Bed Terraced House, Single Let, Stoke-on-Trent, ST6 1AZ, £47,000

31 Lawton Street, Burslem, Stoke-On-Trent, Staffordshire ST6 1AZ - 2 months ago

Sold STC
Auction
BTL
ROI: 21%
~68 m²
+11 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£690/m²

Value Estimate

£57,340
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£11,750

Stamp Duty & Legal Fees

£3,550

Total Cash In

£15,300

 

 

Cash Out

 

Rent Range

£550 - £950

Rent Estimate

£550

Running Costs/mo

£277

Cashflow/mo

£273

Cashflow/yr

£3,278

ROI

21%

Gross Yield

14%

Local Sold Prices

50 sold prices from £38K to £190K, average is £94K. £494/m² to £2.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£100K06/230.04 mi4, Tellwright Street, Stoke-on-trent ST6 1AX2
£80K12/200.05 mi27, Louise Street, Stoke-on-trent ST6 1AS2
£90K11/210.05 mi14, Leigh Street, Stoke-on-trent ST6 1BE2
£61.5K04/210.06 mi8, Stanfield Road, Stoke-on-trent ST6 1AT2
£150K07/230.07 mi44, Shaftesbury Avenue, Stoke-on-trent ST6 1BP2
£103K04/230.1 mi287, Hamil Road, Stoke-on-trent ST6 1BD2
£110K05/230.1 mi6, Kelsall Street, Stoke-on-trent ST6 1HL2
£77.8K05/210.1 mi3, Kelsall Street, Stoke-on-trent ST6 1HL2
£89K05/210.11 mi27, Kelsall Street, Stoke-on-trent ST6 1HL2
£113K03/230.13 mi40, Minster Street, Stoke-on-trent ST6 1EW2
£105K12/200.18 mi9, Jean Close, Stoke-on-trent ST6 7BH2
£130K11/200.18 mi118, Leonard Street, Stoke-on-trent ST6 1HH2
£89K10/210.18 mi113, Leonard Street, Stoke-on-trent ST6 1HJ2
£98.5K08/230.18 mi77, Leonard Street, Stoke-on-trent ST6 1HJ2
£57.5K05/210.18 mi32, Broadhurst Street, Stoke-on-trent ST6 1EX2
£38K12/200.19 mi21, Broadhurst Street, Stoke-on-trent ST6 1EY2
£156K11/210.2 mi5, The Grove, Stoke-on-trent ST6 1BL2
£190K03/210.2 mi15, The Grove, Stoke-on-trent ST6 1BL2
£61K08/210.2 mi14, Bowden Street, Stoke-on-trent ST6 1EZ2
£81K01/210.2 mi8, Bowden Street, Stoke-on-trent ST6 1EZ2
£180K09/230.21 mi21, Bluestone Avenue, Stoke-on-trent ST6 7EE2
£65K02/230.24 mi177, Hamil Road, Stoke-on-trent ST6 1AP2
£45K11/210.28 mi141, Haywood Road, Stoke-on-trent ST6 7AR2
£95K04/230.28 mi115, Macclesfield Street, Stoke-on-trent ST6 1HU2
£100K06/230.28 mi135, Macclesfield Street, Stoke-on-trent ST6 1HU2
£93K08/230.28 mi42, Bowden Street, Stoke-on-trent ST6 1JB2
£75K10/210.28 mi67, May Street, Stoke-on-trent ST6 1JA2
£83K12/200.28 mi43, May Street, Stoke-on-trent ST6 1JA2
£95K03/230.29 mi48, Gordon Street, Stoke-on-trent ST6 1HY2
£110K09/210.31 mi72, Bank Hall Road, Stoke-on-trent ST6 7DP2
£70K02/210.32 mi16, Leonard Street, Stoke-on-trent ST6 1HT2
£85K03/230.32 mi58, Leonard Street, Stoke-on-trent ST6 1HT2
£77.5K01/210.32 mi56, Leonard Street, Stoke-on-trent ST6 1HT2
£160K08/210.33 mi1, Belfast Close, Stoke-on-trent ST6 7PJ2
£82K08/230.34 mi184, Moorland Road, Burslem, Stoke-on-trent ST6 1EB2
£139.9K11/210.34 mi10, Sunningdale Close, Stoke-on-trent ST6 7BP2
£160K12/200.34 mi22, Sunningdale Close, Stoke-on-trent ST6 7BP2
£106K11/210.35 mi36, Crossley Road, Stoke-on-trent ST6 7AJ2
£97.5K03/210.38 mi44, Bycars Road, Stoke-on-trent ST6 1BY2
£148.5K12/200.4 mi416, High Lane, Stoke-on-trent ST6 7BN2
£55K03/210.4 mi24, Wain Street, Stoke-on-trent ST6 4ES2
£150K08/230.41 mi56, Merrion Drive, Stoke-on-trent ST6 7PQ2
£49K02/230.43 mi16, Scotia Road, Stoke-on-trent ST6 4EP2
£151K05/210.44 mi6, Narvik Crescent, Stoke-on-trent ST6 7PB2
£165K01/210.44 mi19, Merrion Drive, Stoke-on-trent ST6 7PG2
£50K03/210.45 mi69, Price Street, Stoke-on-trent ST6 4EN2
£64K08/210.45 mi32, Fell Street, Stoke-on-trent ST6 1JT2
£142K02/230.47 miDelia, Ambleside Place, Stoke-on-trent ST6 7ES2
£65K05/230.47 mi29, Nicholas Street, Stoke-on-trent ST6 1AA2
£73K02/230.5 mi7, Patterdale Street, Stoke-on-trent ST6 7ET2

Local Rents

35 rents from £550/mo to £950/mo, average is £680/mo.

RentDateDistanceAddressBeds 
£60012/240.08 mi-2
£79504/250.08 mi-2
£69004/250.08 mi-2
£95002/250.11 mi-2
£60004/250.12 mi-2
£79509/240.12 miLorne Street, Burslem, Stoke-On-Trent2
£66001/250.14 mi-2
£59509/240.15 miJackfield Street, Burslem, Stoke On Trent, Staffordshire, ST62
£70003/250.18 mi-2
£69509/240.23 miDartmouth Street, Tunstall, ST62
£68001/250.23 mi-2
£55002/240.28 mi-2
£67003/250.29 mi-2
£59512/240.38 mi-2
£55002/240.39 mi-2
£59512/240.41 mi-2
£59512/240.41 mi-2
£65001/250.42 mi-2
£67509/240.43 mi-2
£67509/240.43 miMountford Street, Stoke-On-Trent, ST62
£55012/240.43 mi-2
£67509/240.48 miNorton Avenue, Burslem, ST62
£69501/240.48 mi-2
£80002/250.5 mi-2
£62509/240.54 mi-2
£75012/240.55 mi-2
£85012/240.55 mi-2
£75001/250.58 mi-2
£75002/250.58 mi-2
£78512/240.58 mi-2
£90012/240.58 mi-2
£67512/240.59 mi-2
£70012/240.59 mi-2
£69509/240.59 miRobert Heath Street, Smallthorne2
£85004/250.61 mi-2

Local Area Statistics

Population in ST6

64,608

Population in Stoke-on-Trent

347,755

Town centre distance

1.45 miles away

Nearest school

0.10 miles away

Nearest train station

1.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £47,000

February 25, 2025

Floor Plans

Description

  • Auction 20th March 2025 +
  • Investment opportunity +
  • Popular Residential Location +
  • Excellent Commuter Linls +

You Need to Register to bid: auctionhammermidlands.co.uk
Viewings 10:10 - 10:40am March 1st 6th 13th 15th

Live stream auction on 20th March 2025 6.30PM START. Bidding will be available by either online bidding, telephone or proxy If you wish to bid, please register on line via the Auction Hammer website using the Register to Bid tab.

This property would make an ideal first home or investment opportunity Residential For Improvement Live stream auction on 20th March 2025 6.30PM START. Bidding will be available by either online bidding, telephone or proxy If you wish to bid, please register on line via the Auction Hammer website using the Register to Bid tab.

This property would make an ideal first home or investment opportunity, situated within walking distance of Burslem town, there is access to local amenities including pubs, schools and bus routes. There is access to Hanley and the Potteries Shopping Centre for shops and amenities within the city centre. Road links include the A50, A500 and M6 motorway. The property would benefit from some cosmetic updating and comprises: Entrance Hall, Lounge kitchen/diner, bathroom room and to the first floor two bedrooms, externally is a rear yard, additional benefits include double glazing and gas central heating. Ground Floor Lounge (4m x 3.2m), Kitchen/Diner (4.3m x 3.4m), Bathroom (2.9m x 2.5m), Store ()
First Floor Bedroom One (4.5m x 3.5m), Bedroom Two (4.3m x 2.5m)
Outside Yard
Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Note PROSPECTIVE BUYERS PLEASE NOTE We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Tenure: Freehold EPC Rating: D Terms:
Guide Prices & Reserves
Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer’s premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Plans, Maps and Photographs
The plans, floorplans, maps, photograph’s and video tours published on our website and in the catalogue are to aid identification of the property only. The plans are not to scale and should not be relied upon.

Consumer Protection Regulations 2008
Auction Hammer Midlands Property Auctions endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.

Anti Money Laundering Regulations
Intending buyers will be asked to produce identification documentation either as part of the bidder registration process of if they make an acceptable pre-auction offer, we would ask for your co-operation in order that there will be no delay in agreeing the sale. Administration Fee: £1440 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £1140 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

AUCTION HAMMER MIDLANDS, covering Midlands

01782 493921

Next Steps?

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