3 Bed Bungalow, Refurb/BRRR, Stoke-on-Trent, ST8 7JL, £235,000
Parklands, Biddulph Moor, ST8 7JL - 2 views - 2 months ago
Refurb/BRRR
~93 m²





+27 photos
ValuationOvervalued
Sold Prices | £88K - £765K |
Sold Prices/m² | £1.2K/m² - £3.3K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £2.5K/m² |
Value Estimate | £223,500 |
| |
End Value (After Refurb) | £245,637 |
Uplift in Value | +5% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £58,750 |
Stamp Duty & Legal Fees | £12,950 |
Refurb Costs | £39,554 |
Bridging Loan Interest | £6,169 |
Total Cash In | £119,173 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £245,637 |
Mortgage (After Refinance) | £184,228 |
Mortgage LTV | 75% |
Cash Released | £7,978 |
Cash Left In | £111,195 |
Equity | £61,409 |
Rent Range | £375 - £3,100 |
Rent Estimate | £961 |
Running Costs/mo | £980 |
Cashflow/mo | £-19 |
Cashflow/yr | £-226 |
Gross Yield | 5% |
Local Sold Prices
23 sold prices from £88K to £765K, average is £230K. £1.2K/m² to £3.3K/m², average is £2.5K/m².
Local Rents
42 rents from £375/mo to £3.1K/mo, average is £835/mo.
Local Area Statistics
Population in ST8 | 20,197 |
Population in Stoke-on-Trent | 347,755 |
Town centre distance | 5.73 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 3.38 miles away |
| |
Rental growth (12m) | +13% |
Sales demand | Balanced market |
Capital growth (5yrs) | +27% |
Property History
Listed for £235,000
March 6, 2025
Floor Plans
