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.

PriceDateDistanceAddressBeds 
£300K12/200.05 mi32, Rudyard Road, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7JN3
£88K05/210.11 mi18, Broomfields, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7JJ3
£160K11/200.12 mi14, Farmside Lane, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7LY3
£182K11/230.12 mi9, Farmside Lane, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7LY3
£345K04/210.14 mi20, Hot Lane, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7JT3
£211K10/210.16 mi15, Hillside Close, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7PF3
£272K12/210.21 mi127, Woodhouse Lane, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7JX3
£250K07/230.21 mi139, Woodhouse Lane, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7JX3
£240K12/220.27 mi7, Hazel Grove, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7NY3
£190K10/230.28 mi376, New Street, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7LR3
£230K06/230.29 mi8, Stoneyfields, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7NB3
£335K07/210.35 miAlma House, Over The Hill, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7LA3
£220K12/220.36 mi7, Highland Close, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7LJ3
£327.5K12/230.38 mi15, Cottage Lane, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7NF3
£225K11/200.38 mi7, Trentley Drive, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7LH3
£190K01/240.56 mi204, New Street, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7NQ3
£190K01/240.56 mi204, New Street, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7NQ3
£765K05/230.63 miLower Heath Hayes, Troughstones, Biddulph, Stoke-on-trent, Staffordshire ST8 7RT3
£275K06/210.75 mi8, Robin Hill, Biddulph Moor, Stoke-on-trent, Staffordshire ST8 7NN3
£218K11/230.91 mi15, Moor Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7EQ3
£359K05/230.93 mi22, Crossways, Biddulph, Stoke-on-trent, Staffordshire ST8 7DY3
£265K10/230.96 mi1, Ribble Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7LL3
£175K02/210.97 mi22, Plover Drive, Biddulph, Stoke-on-trent, Staffordshire ST8 7UJ3

Local Rents

42 rents from £375/mo to £3.1K/mo, average is £835/mo.

RentDateDistanceAddressBeds 
£80002/240.21 mi-2
£1,51602/241.01 mi-4
£90009/241.02 miNew Street, Biddulph, Stoke-on-Trent, ST82
£85009/241.07 mi-3
£99504/251.07 mi-3
£65009/241.33 mi-2
£79502/251.33 mi-2
£1,10004/251.38 mi-2
£75012/241.39 mi-3
£85003/251.39 mi-3
£1,15001/251.4 mi-3
£60006/241.41 mi-2
£82512/241.43 mi-2
£1,10009/241.45 miCongleton Road, Biddulph, Staffordshire3
£1,07504/251.46 mi-3
£87508/241.58 mi-3
£60009/241.58 mi-2
£89502/241.6 mi-3
£1,07011/241.6 mi-3
£67509/241.61 miHigh Street, ST82
£70009/241.61 miLovit View, High Street, ST82
£87009/241.61 mi-3
£52009/241.61 miHigh Street, Biddulph Town Centre1
£90002/251.62 mi-2
£37509/241.64 mi-1
£69512/241.64 mi-2
£72510/241.64 mi-3
£79509/241.65 mi-3
£82512/241.65 mi-2
£1,10012/241.7 mi-3
£77509/241.7 miCambridge Close, Gillow Heath3
£95009/241.7 miWhetstone Road, Gillow Heath, Stoke-On-Trent3
£75009/241.76 mi-3
£75009/241.76 mi-3
£65009/241.8 miTunstall Road, Biddulph, Stoke-On-Trent2
£3,10009/241.8 mi-2
£79509/241.8 mi-2
£84508/241.8 mi-2
£80009/241.85 mi-3
£1,04502/242.01 mi-3
£1,28501/252.01 mi-3
£3,00012/242.35 miDial Lane, Congleton4

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

Description

3 Bedrooms. Dormer style detached bungalow occupying a level corner plot situated within a quiet cul-de-sac, conveniently located in the semi rural location of Biddulph Moor Village. This deceptively spacious property is in need of modernisation throughout and offered For Sale with No Upward Chain. LPG gas central heating system, detached garage and ample off road parking. Viewing is highly recommended to appreciate the full potential of this lovely bungalow.

Accommodation comprising of: Entrance porch with door allowing access into the entrance hall. The entrance hall has doors allowing access to principal rooms and door to useful linen/storage cupboard. Living room to the front elevation has brick effect fireplace with fire set in a tiled surround with timber mantle over. Dual aspect uPVC double glazed windows to the front and side elevations. Kitchen has a range of fitted eye and base level units, base units have work surfaces over and tiled walls. uPVC double glazed window to the side elevation. Archway leading into the ‘summer room’. Plumbing and space for an automatic washing machine. Wall mounted LPG gas central heating boiler. Summer room has two uPVC double glazed windows to the rear elevation and uPVC double glazed patio doors allowing easy access and views to the pleasant garden. uPVC double glazed picture window to the side elevation. Further archway allows access into the dining room. Dining room has open turn flight stairs allowing access to the first floor. Ground floor bedroom one has uPVC double glazed window to the front elevation. Ground floor shower room has a suite comprising of a low level w.c, pedestal wash hand basin, bidet and glazed shower enclosure.

The first floor landing has doors allowing access to both bedrooms and window to the side elevation. Bedroom two has a window to the side elevation over looking farmland and door to en-suite bathroom. En-suite bathroom has a three piece suite comprising of a low level w.c, pedestal wash hand basin and panel bath. Bedroom three has a window to the side elevation over looking farmland.

Externally the property is approached via a block paved driveway allowing ample off road parking, easy access to the detached garage and entrance porch. The front and side gardens are mainly laid to lawn with established shrub borders and rockery area. To the rear there is a private patio garden which allows access to the LPG tank storage area. Viewing is advised to fully appreciate all this spacious property has to offer the new vendors.

Agent Details

Priory Property Services, Biddulph

01782 493695

Next Steps?

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