3 Bed Terraced House, Cash/Bridging Only, Stoke-on-Trent, ST6 1AY, £99,950

Louise Street, Burslem, Stoke-On-Trent, ST6 1AY - 4 views - a month ago

Cash
ROI: 6%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£55K - £310K
Sold Prices/m²£660/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£102,949
BMV3%

 

 

End Value (After Refurb)

£126,221

Uplift in Value

+26%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£24,988

Stamp Duty & Legal Fees

£6,198

Refurb Costs

£37,686

Bridging Loan Interest

£2,624

Total Cash In

£73,244

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£126,221

Mortgage (After Refinance)

£94,666

Mortgage LTV

75%

Cash Released

£19,704

Cash Left In

£53,541

Equity

£31,555

Rent Range

£675 - £2,500

Rent Estimate

£950

Running Costs/mo

£604

Cashflow/mo

£346

Cashflow/yr

£4,147

ROI

6%

Gross Yield

11%

Local Sold Prices

50 sold prices from £55K to £310K, average is £148K. £660/m² to £2.8K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£98K10/210.05 mi28, Leigh Street, Stoke-on-trent ST6 1BE3
£114K08/230.05 mi4, Leigh Street, Stoke-on-trent ST6 1BE3
£168K02/230.07 mi22, Wilson Street, Stoke-on-trent ST6 1BQ3
£205K04/230.07 mi15, Shaftesbury Avenue, Stoke-on-trent ST6 1BW3
£160K01/210.08 mi10, Cynthia Grove, Stoke-on-trent ST6 1BZ3
£110K02/230.12 mi165, Hamil Road, Stoke-on-trent ST6 1AP3
£97.5K03/230.13 mi31, Lorne Street, Stoke-on-trent ST6 1AR3
£85.5K12/200.18 mi120, Leonard Street, Stoke-on-trent ST6 1HH3
£55K10/230.2 mi25, Broadhurst Street, Stoke-on-trent ST6 1EX3
£162K05/230.21 mi195, High Lane, Stoke-on-trent ST6 7BS3
£180K02/210.25 mi407, High Lane, Stoke-on-trent ST6 7AE3
£170K09/230.26 mi137, Bank Hall Road, Stoke-on-trent ST6 7DT3
£246K07/230.26 mi10, Riley Avenue, Stoke-on-trent ST6 7DU3
£225K06/230.26 mi14, Riley Avenue, Stoke-on-trent ST6 7DU3
£216K10/210.27 mi2, Inglefield Avenue, Stoke-on-trent ST6 7DA3
£135K03/230.3 mi120, Bank Hall Road, Stoke-on-trent ST6 7DP3
£146K09/230.3 mi98, Bank Hall Road, Stoke-on-trent ST6 7DP3
£173K03/230.31 mi14, Elaine Avenue, Stoke-on-trent ST6 7DD3
£170K06/230.32 mi13, Sunningdale Close, Stoke-on-trent ST6 7BP3
£135K10/210.32 mi39, High Lane, Stoke-on-trent ST6 7DF3
£80K12/200.32 mi56, Wade Street, Stoke-on-trent ST6 1HP3
£145K11/210.34 mi157, Moorland Road, Stoke-on-trent ST6 1JH3
£110K03/230.34 mi193, Moorland Road, Burslem, Stoke-on-trent ST6 1JH3
£96K01/210.36 mi226, Moorland Road, Stoke-on-trent ST6 1EF3
£177K08/230.36 mi20, Bream Way, Stoke-on-trent ST6 7PW3
£160K03/210.37 mi412, High Lane, Burslem, Stoke-on-trent ST6 7BN3
£107K05/210.38 mi28, Norris Road, Stoke-on-trent ST6 7AT3
£97.7K06/210.39 mi57, Sherwin Road, Stoke-on-trent ST6 7BQ3
£155K03/210.39 mi36, Chesterwood Road, Stoke-on-trent ST6 7EL3
£165K03/210.39 mi7, Chesterwood Road, Stoke-on-trent ST6 7EL3
£199.9K01/210.39 mi34, Chesterwood Road, Stoke-on-trent ST6 7EL3
£143K06/230.39 mi1, Bank Hall Road, Stoke-on-trent ST6 7DJ3
£118K10/210.39 mi43, Norris Road, Stoke-on-trent ST6 7AS3
£141K08/230.4 mi207, Moorland Road, Burslem, Stoke-on-trent ST6 1JW3
£174.9K02/210.41 mi18, Dace Grove, Stoke-on-trent ST6 7PR3
£78.5K12/210.42 mi2, Barber Street, Stoke-on-trent ST6 4EU3
£90K10/210.42 mi2, Baddeley Street, Stoke-on-trent ST6 4EH3
£180K03/210.43 mi24, Birchdown Avenue, Stoke-on-trent ST6 7EW3
£195K06/230.43 mi22, Birchdown Avenue, Stoke-on-trent ST6 7EW3
£111K03/210.46 mi19, Coseley Street, Stoke-on-trent ST6 1JU3
£87K03/210.46 mi555, High Lane, Burslem, Stoke-on-trent ST6 7EP3
£178K02/230.46 mi543, High Lane, Burslem, Stoke-on-trent ST6 7EP3
£105K10/210.47 mi50, Price Street, Stoke-on-trent ST6 4EN3
£159.9K01/210.48 mi5, Fairway Road, Stoke-on-trent ST6 7JJ3
£102K08/230.49 mi6, Coseley Street, Stoke-on-trent ST6 1JX3
£93.8K08/210.52 mi143, Sherwin Road, Stoke-on-trent ST6 7BD3
£150K10/230.52 mi2, Sherratt Street, Stoke-on-trent ST6 7NT3
£175K08/230.52 mi17, Sherratt Street, Stoke-on-trent ST6 7NT3
£152K03/230.52 mi34, Sherratt Street, Stoke-on-trent ST6 7NT3
£310K02/230.53 mi41, Greenbank Road, Stoke-on-trent ST6 7EX3

Local Rents

21 rents from £675/mo to £2.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£1,10012/240.05 mi-3
£95003/250.05 mi-3
£72501/250.21 mi-3
£85009/240.32 miHigh Lane, Stoke-On-Trent, Staffordshire, ST6 7DF3
£79502/240.32 mi-3
£80009/240.33 miCrossley Road, Stanfields3
£89503/250.36 mi-3
£85002/240.38 mi-3
£1,10012/240.39 mi-3
£75012/240.4 mi-3
£90001/250.44 mi-3
£75012/240.47 mi-3
£70012/240.47 mi-3
£79502/240.48 mi-3
£1,09509/240.51 mi-3
£67509/240.53 miLord Street, Smallthorne, Stoke-on-Trent,3
£99509/240.55 miPercy curnock drive, 3
£97509/240.56 miChapel Lane, Stoke-on-Trent, Staffordshire, ST63
£95004/250.57 mi-3
£2,50009/240.58 mi-3
£79502/250.58 mi-3

Local Area Statistics

Population in ST6

64,608

Population in Stoke-on-Trent

347,755

Town centre distance

1.46 miles away

Nearest school

0.10 miles away

Nearest train station

1.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £99,950

March 10, 2025

Floor Plans

Description

* THREE BEDROOM TERRACE HOUSE

* REQUIRES SOME UPDATING

* POPULAR RESIDENTIAL LOCATION

* CLOSE TO LOCAL AMENITIES

* EXCELLENT COMMUTING LINKS

Accommodation -

Description - Requiring some updating. A three bedroom, mid-terrace home which is situated within the popular Potteries Town of Burslem, the spacious accommodation comprises: Entrance Hall, two reception rooms, kitchen, to the floor floor two bedrooms and a bathroom, with a third bedroom and under eaves storage on the second floor. This home is the perfect buy for any first time buyers or investors alike and also benefits from a spacious rear yard. Situated within walking distance of local amenities at Burslem town centre and excellent commuting routes across the Potteries and further afield via the A500 and M6 motorway. The property benefits from a new central heating system with combination boiler that was installed in April 2024.

Ground Floor -

Entrance Hall - Ceiling light point, radiator, stairs to first floor, uPVC exterior door

Front Reception - 3.7m x 3.1m (12'1" x 10'2") - Coving to the ceiling, radiator, ceiling light point, double glazed window

Rear Reception - 4.1m x 3.2m (13'5" x 10'5") - Coving to the ceiling, radiator, ceiling light point, laminate wood effect flooring, double glazed window

Kitchen - 3.1m x 1.9m (10'2" x 6'2") - Wall, base units and worktops, sink and drainer with mixer top, spaces for appliances. Ceiling light point, part wall tiled, radiator, double glazed window, uPVC exterior door

First Floor -

Bedroom (Front) - 4.2m x 2.2m (13'9" x 7'2") - Ceiling light point, radiator, double glazed window

Bedroom (Rear) - 3.1m x 2.4m (10'2" x 7'10") - Ceiling light point, radiator, double glazed window

Bathroom - 2.3m x 1.6m (7'6" x 5'2") - Fitted three piece white bathroom suite comprise: Panelled bath with over bath shower, pedestal wash hand basin, low level w.c. Ceiling light point, pedestal wash hand basin, low level w.c. Ceiling light point, radiator, double glazed window

Second Floor -

Bedroom (2nd Floor) - 3.9m x 3.2m (12'9" x 10'5") - Ceiling light point, radiator, double glazed window

Externally -

General Information - Viewings - Strictly by appointment with the selling agents Keys Estate Agents - call

Valuation - Do you have a property to sell? if so Keys Estate Agents can offer a free valuation, call

Services
We believe all are available.

Tenure

Assumed to be freehold.

Offer Procedure
All offers should be made directly to Keys Estate Agents and should be made before contacting the bank, building society or solicitor as any delay may result in a sale being agreed to another party and survey/legal fees being unnecessarily incurred.

In compliance with the Estate Agents Order 1991 we are obliged to check into a purchaser’s financial situation to qualify an offer and financial arrangements. If you are making a cash offer which is not subject to the sale of a property written confirmation of the availability of funds will be required to qualify your offer.

The agent has not tested any of the equipment, fixtures, fittings or services and so can not verify that they are in working order or fit for their purpose. Legal documents have not been checked by the agents to verify tenure of the property.

Subject to contract. Vacant possession on completion.

Mortgages - If you are seeking a mortgage for a property or require Independent Financial Advice we can provide a free quotation

Agent Details

Keys Estate Agents, Stoke-On-Trent

01782 890178

Next Steps?

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