2 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST4 5RJ, £80,000

Frank Street, Stoke-On-Trent, ST4 5RJ - 20 views - a month ago

BTL
Refurb/BRRR
ROI: 12%
~68 m²
+2 photos

ValuationFair Value

Sold Prices£63K - £170K
Sold Prices/m²£900/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£80,800

 

 

End Value (After Refurb)

£97,765

Uplift in Value

+22%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Refurb Costs

£27,823

Bridging Loan Interest

£2,100

Total Cash In

£56,873

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£97,765

Mortgage (After Refinance)

£73,324

Mortgage LTV

75%

Cash Released

£13,324

Cash Left In

£43,549

Equity

£24,441

Rent Range

£550 - £3,050

Rent Estimate

£1,127

Running Costs/mo

£551

Cashflow/mo

£576

Cashflow/yr

£6,913

ROI

12%

Gross Yield

17%

Local Sold Prices

49 sold prices from £63K to £170K, average is £95K. £900/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£95K02/230.02 mi13, Frank Street, Stoke-on-trent ST4 5RJ2
£76K09/230.04 mi32, Boughey Street, Stoke-on-trent ST4 5RN2
£76K09/230.04 mi32, Boughey Street, Stoke-on-trent ST4 5RN2
£95K06/240.04 mi24, Boughey Street, Stoke-on-trent ST4 5RN2
£155K07/230.1 mi45, Chamberlain Avenue, Stoke-on-trent ST4 5EN2
£85K12/210.1 mi58, Corporation Street, Stoke-on-trent ST4 4AY2
£95K06/210.1 mi42, Penkhull New Road, Stoke-on-trent ST4 5DB2
£150K12/200.14 mi6a, The Villas, Stoke-on-trent ST4 5AQ2
£105K04/230.17 mi186, Fletcher Road, Stoke-on-trent ST4 4BA2
£75K04/230.17 mi46, Fletcher Road, Stoke-on-trent ST4 4AJ2
£90K07/230.17 mi16, Fletcher Road, Stoke-on-trent ST4 4AJ2
£83K03/210.18 mi34, Spode Street, Stoke-on-trent ST4 4DY2
£85.5K04/230.18 mi26, Corporation Street, Stoke-on-trent ST4 4AU2
£82.5K03/210.18 mi37, Corporation Street, Stoke-on-trent ST4 4AU2
£95K07/230.19 mi66, Keary Street, Stoke-on-trent ST4 4AT2
£95K11/210.19 mi40, Spode Street, Stoke-on-trent ST4 4DY2
£90.5K09/210.19 mi8, Spode Street, Stoke-on-trent ST4 4DY2
£110K11/230.19 mi17, Nursery Street, Stoke-on-trent ST4 4BS2
£75K09/210.2 mi15, Nursery Street, Stoke-on-trent ST4 4BS2
£76.5K03/240.21 mi53, Keary Street, Stoke-on-trent ST4 4AS2
£118K02/230.22 mi33, Penkville Street, Stoke-on-trent ST4 5AL2
£140K01/210.22 mi87, Chamberlain Avenue, Stoke-on-trent ST4 5EQ2
£63K03/210.22 mi56, Campbell Road, Stoke-on-trent ST4 4DU2
£108K03/230.22 mi27, Bath Street, Stoke-on-trent ST4 7QR2
£150K04/240.22 mi6, Bath Street, Stoke-on-trent ST4 7QR2
£148.3K09/210.22 mi13, Colindene Grove, Stoke-on-trent ST4 5EH2
£170K08/240.23 mi18, Colindene Grove, Stoke-on-trent ST4 5EH2
£85K08/240.23 mi9, Penkville Street, Stoke-on-trent ST4 5AL2
£108.3K11/210.25 mi97, Campbell Road, Stoke-on-trent ST4 4DZ2
£115K02/230.25 mi81, Campbell Road, Stoke-on-trent ST4 4DZ2
£90K11/200.26 mi4, Gable Street, Stoke-on-trent ST4 4ED2
£116K09/230.26 mi46, All Saints Road, Stoke-on-trent ST4 4BL2
£92K03/230.26 mi70, Lime Street, Stoke-on-trent ST4 4EF2
£87K11/230.26 mi10, Lime Street, Stoke-on-trent ST4 4EF2
£85K03/210.26 mi5, Shelburne Street, Stoke-on-trent ST4 5EY2
£118K05/210.26 mi54, Shelburne Street, Stoke-on-trent ST4 5EY2
£115K06/230.26 mi37, Shelburne Street, Stoke-on-trent ST4 5EY2
£95K08/230.26 mi14, Shelburne Street, Stoke-on-trent ST4 5EY2
£90K11/210.28 mi13, Munro Street, Stoke-on-trent ST4 5HA2
£83K11/210.28 mi7, Lime Street, Stoke-on-trent ST4 4EQ2
£137.5K04/230.28 mi7, All Saints Road, Stoke-on-trent ST4 4BP2
£147K02/240.28 mi5, All Saints Road, Stoke-on-trent ST4 4BP2
£70K10/210.28 mi47, Boothen Road, Stoke-on-trent ST4 4AH2
£167.5K06/230.29 mi13, Leadbeater Avenue, Stoke-on-trent ST4 5HE2
£90K06/230.3 mi203, Campbell Road, Stoke-on-trent ST4 4EL2
£117.5K11/210.31 mi64, Trent Valley Road, Stoke-on-trent ST4 5JA2
£139.5K04/230.31 mi52, Trent Valley Road, Stoke-on-trent ST4 5JA2
£80K11/230.32 mi13, Gresty Street, Stoke-on-trent ST4 7HR2
£112K02/240.32 mi16, Manor Court Street, Stoke-on-trent ST4 5DW2

Local Rents

50 rents from £550/mo to £3K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£80012/240.04 mi-2
£85012/240.05 mi-2
£85012/240.09 mi-2
£80012/240.11 mi-2
£75001/250.11 mi-2
£75002/250.11 mi-2
£75002/250.11 mi-2
£79509/240.15 miCroft Crescent, Penkhull, Stoke-on-Trent ST42
£70003/250.16 mi-2
£1,97512/240.17 mi-2
£65009/240.17 miFletcher Road, Stoke-On-Trent2
£65009/240.17 mi-2
£69502/250.21 mi-2
£69512/240.25 mi-2
£69512/240.25 mi-2
£82509/240.27 miBob Mcgrory Street, Stoke-On-Trent2
£70001/250.28 mi-2
£70001/250.28 mi-2
£80012/240.29 mi-2
£69512/240.29 mi-2
£79503/250.3 mi-2
£70012/240.3 mi-2
£65009/240.3 mi-2
£2,70009/240.33 mi-2
£65009/240.35 miOxford Street, Stoke-On-Trent2
£84502/250.35 mi-2
£75009/240.35 miLowndes Close, Stoke-On-Trent2
£89512/240.36 mi-2
£85012/240.38 mi-2
£72512/230.4 mi-2
£74509/240.4 miSouth Terrace, Churchlands, Stoke On Trent, Staffordshire, ST42
£85003/250.4 mi-2
£55012/240.41 mi-2
£55012/240.41 mi-2
£79903/250.43 mi-2
£75012/240.43 mi-2
£69509/240.52 miHartshill House, St. Andrews Square, Stoke-on-Trent, ST4 7GD2
£72509/240.52 miHartshill House, St. Andrews Square, Stoke-on-Trent, ST4 7GD2
£62009/240.58 mi-2
£2,10012/240.58 mi-2
£69503/250.59 mi-2
£73501/250.61 mi-2
£1,00012/240.61 mi-2
£78012/240.62 mi-2
£3,05001/240.62 mi-2
£3,05009/240.62 mi-2
£3,05008/240.62 mi-2
£3,05008/240.62 mi-2
£3,05012/240.62 mi-2
£3,05012/240.62 mi-2

Local Area Statistics

Population in ST4

56,870

Population in Stoke-on-Trent

347,755

Town centre distance

3.12 miles away

Nearest school

0.30 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £80,000

March 7, 2025

Description

  • Ideal Buy to Let Investment +
  • 2 Double Bedrooms +
  • 2 Reception Rooms +
  • Ground Floor Bathroom +
  • Modernisation Required +
  • Close to Hospital +

A good sized Victorian mid terraced property ioffers an ideal investment opportunity. Ideally placed for local amenities, the university hospital and Stoke Railway station with easy access both in and out of town by foot, bus or car along with superb commuter links via A50/A500 corridor.

On entering there is a hallway , lounge which could be let as a third bedroom, dining room with under stairs storage, galley kitchen and bathroom to the ground floor. To the first floor there are two double bedrooms. Externally there is ample on street parking to the front and a small yard to the rear.

The property benefits from some double glazing and requires modernisation to buyers own taste. Perfect rental property or project.

Agent Details

Butters John Bee, Newcastle Under Lyme

01704 335884

Next Steps?

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