2 Bed Flat, Single Let, Stoke-on-Trent, ST6 4HT, £50,000

Manchester Court, Federation Road, Burslem, Stoke-on-Trent, ST6 4HT - 4 views - a month ago

Leasehold
BTL
ROI: 15%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£42K - £165K
Sold Prices/m²£584/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£734/m²

Value Estimate

£62,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Total Cash In

£16,200

 

 

Cash Out

 

Rent Range

£425 - £850

Rent Estimate

£472

Running Costs/mo

£271

Cashflow/mo

£201

Cashflow/yr

£2,416

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £42K to £165K, average is £83.5K. £584/m² to £3.6K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£50K08/220 miApartment 43, Manchester Court, Federation Road, Stoke-on-trent ST6 4HT2
£58.5K08/220 miApartment 1, Manchester Court, Federation Road, Stoke-on-trent ST6 4HT2
£66K08/230 miApartment 55, Manchester Court, Federation Road, Stoke-on-trent ST6 4HT2
£58K02/230 miApartment 29, Manchester Court, Federation Road, Stoke-on-trent ST6 4HT2
£60K09/230.05 miApartment 54, Lancashire Court, Federation Road, Stoke-on-trent ST6 4HX2
£78K05/230.14 miApartment 2, Leigh Court, Greenhead Street, Stoke-on-trent ST6 4GP2
£67K04/210.17 mi5, Galileo Court, Stoke-on-trent ST6 4AJ2
£50K11/200.41 miFlat 43, Arthur Cotton Court, Hamil Road, Stoke-on-trent ST6 1DB2
£50K11/200.41 miFlat 43, Arthur Cotton Court, Hamil Road, Stoke-on-trent ST6 1DB2
£50K09/210.53 mi133, Haywood Road, Stoke-on-trent ST6 7AR2
£85K04/220.57 mi195, Hamil Road, Stoke-on-trent ST6 1AP2
£75K12/220.75 miApartment 15, Wessex Court, Sunny Bank, Stoke-on-trent ST6 3ND2
£65K08/210.77 miApartment 19, Tudor Court, Sunny Bank, Stoke-on-trent ST6 3NW2
£66.8K02/210.77 miApartment 17, Tudor Court, Sunny Bank, Stoke-on-trent ST6 3NW2
£70.7K09/230.81 miApartment 17, Windsor Court, Sunny Bank, Stoke-on-trent ST6 3NZ2
£83K08/221.03 miFlat 12, Rhodes Court, Second Avenue, Newcastle, Staffordshire ST5 8RD2
£94.5K11/221.11 miFlat 33, The Mount St Georges, Second Avenue, Newcastle, Staffordshire ST5 8RB2
£97.5K08/221.17 miFlat 19, Faulds Court, James Street, Newcastle, Staffordshire ST5 0FA2
£55K03/211.19 mi44, Bond Street, Stoke-on-trent ST6 5HF2
£85.5K02/231.19 mi54a, Riceyman Road, Newcastle, Staffordshire ST5 8LG2
£91.5K08/221.19 mi58, Riceyman Road, Newcastle, Staffordshire ST5 8LG2
£85K10/211.25 miFlat 5, Celebration Court, Skellern Avenue, Stoke-on-trent ST6 7RA2
£62.5K11/201.27 mi55, Wedgwood Street, Wolstanton, Newcastle, Staffordshire ST5 0HW2
£75.6K02/241.27 mi61, Wedgwood Street, Wolstanton, Newcastle, Staffordshire ST5 0HW2
£160K11/221.28 miApartment 17, Adlington House, High Street, Wolstanton, Newcastle, Staffordshire ST5 0HZ2
£138.5K05/231.28 miApartment 27, Adlington House, High Street, Wolstanton, Newcastle, Staffordshire ST5 0HZ2
£42K04/231.38 mi33, Stansgate Place, Stoke-on-trent ST1 5DS2
£105K04/231.41 miFlat 16, Portland Mews, Garnett Road West, Newcastle, Staffordshire ST5 8SD2
£52K01/211.6 mi15a, Alexandra Road, Newcastle, Staffordshire ST5 9PQ2
£86K05/211.66 miApartment 29, Ravensbourne Court, Burtree Drive, Stoke-on-trent ST6 8FF2
£84K06/221.66 miApartment 14, Ravensbourne Court, Burtree Drive, Stoke-on-trent ST6 8FF2
£90K07/221.66 miApartment 13, Ravensbourne Court, Burtree Drive, Stoke-on-trent ST6 8FF2
£93K07/221.67 miApartment 11, Ravensbourne Court, Burtree Drive, Stoke-on-trent ST6 8FF2
£165K10/211.7 mi81, Zodiac Drive, Stoke-on-trent ST6 6NJ2
£85K06/221.73 mi50, Blithfield Way, Stoke-on-trent ST6 8GS2
£71K03/211.75 mi63, Chillington Way, Stoke-on-trent ST6 8GJ2
£74.5K04/211.75 mi65, Chillington Way, Stoke-on-trent ST6 8GJ2
£74.5K04/221.75 mi65, Chillington Way, Stoke-on-trent ST6 8GJ2
£98K10/231.77 miApartment 2, Ash House, Birches Rise, Stoke-on-trent ST1 2JR2
£77.5K03/211.77 mi51, Moorefields View, Stoke-on-trent ST6 8GU2
£96K07/221.78 mi33, Moorefields View, Stoke-on-trent ST6 8GU2
£85K12/201.88 miApartment 8, Etruria Court, Humbert Road, Stoke-on-trent ST1 5PW2
£93K12/221.88 miApartment 33, Etruria Court, Humbert Road, Stoke-on-trent ST1 5PW2
£95K09/211.9 mi21, Chasewater Drive, Stoke-on-trent ST6 8GH2
£88K11/201.91 mi32, Hayeswood Grove, Stoke-on-trent ST6 8GG2
£80K11/211.91 mi7, Hayeswood Grove, Stoke-on-trent ST6 8GG2
£88K11/201.91 mi32, Hayeswood Grove, Stoke-on-trent ST6 8GG2
£90K02/211.91 mi14, Hayeswood Grove, Stoke-on-trent ST6 8GG2
£90K10/211.91 mi22, Hayeswood Grove, Stoke-on-trent ST6 8GG2
£106K06/231.91 mi18, Hayeswood Grove, Stoke-on-trent ST6 8GG2

Local Rents

28 rents from £425/mo to £850/mo, average is £663/mo.

RentDateDistanceAddressBeds 
£50009/240 miManchester Court, Burslem, Stoke On Trent, ST62
£59509/240 miFederation Road, Burslem, Stoke-on-Trent, ST62
£62502/250.15 mi-2
£80003/250.16 mi-2
£75004/250.16 mi-2
£85012/240.16 mi-2
£80001/250.16 mi-2
£85012/240.16 mi-2
£85004/250.18 mi-2
£55012/240.2 mi-2
£59512/240.21 mi-2
£59512/240.21 mi-2
£75002/250.22 mi-2
£55002/240.23 mi-2
£85012/240.24 mi-2
£59512/240.25 mi-2
£67509/240.25 mi-2
£67509/240.25 miMountford Street, Stoke-On-Trent, ST62
£65001/250.26 mi-2
£80002/250.3 mi-2
£60009/240.48 miMorton Street, Middleport2
£75012/240.49 mi-2
£52509/240.5 mi-2
£73904/250.51 mi-2
£55001/250.51 mi-2
£79509/240.53 miLorne Street, Burslem, Stoke-On-Trent2
£60012/240.58 mi-2
£42509/240.61 miKing William Street; Tunstall; ST62

Local Area Statistics

Population in ST6

64,608

Population in Stoke-on-Trent

347,755

Town centre distance

1.85 miles away

Nearest school

0.10 miles away

Nearest train station

0.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £50,000

March 10, 2025

Floor Plans

Description

  • NO CHAIN +
  • Fourth floor flat with far reaching views +
  • Open plan kitchen/living room +
  • Two bedrooms +
  • White four piece suite bathroom +
  • Entrance hallway +
  • Utility cupboard +
  • Electric heating +
  • Gated car park +
  • Ideal investment property +

SPACIOUS APARTMENT WITH NO UPWARD CHAIN- A modern two-bedroom apartment situated in Burslem with generous living space and a gated car park. The property includes an allocated parking space and is ideally located with excellent commuting links, as well as convenient access to local shops and amenities. Accessed via the communal hallway, the apartment briefly comprises an entrance hallway with a utility cupboard, a four-piece bathroom suite, two bedrooms, and an open-plan kitchen/living area. EPC rating: D. Tenure: Leasehold,

Agent Details

Goodchilds, Stoke-On-Trent

01782 493666

Next Steps?

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