2 Bed Terraced House, Single Let, Stoke-on-Trent, ST1 5JB, £60,000

104 Denbigh Street, Hanley, Stoke-on-Trent - 2 months ago

Auction
BTL
ROI: 11%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£36K - £140K
Sold Prices/m²£488/m² - £2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£881/m²

Value Estimate

£67,527

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£4,850

Total Cash In

£19,850

 

 

Cash Out

 

Rent Range

£540 - £3,850

Rent Estimate

£563

Running Costs/mo

£320

Cashflow/mo

£243

Cashflow/yr

£2,915

ROI

15%

Gross Yield

11%

Local Sold Prices

52 sold prices from £36K to £140K, average is £70K. £488/m² to £2K/m², average is £991/m².

PriceDateDistanceAddressBeds 
£47.5K10/210.01 mi29, Denbigh Street, Stoke-on-trent ST1 5JA2
£62.6K07/210.01 mi11, Portland Street, Stoke-on-trent ST1 5HZ2
£65K12/200.02 mi27, Lowther Street, Stoke-on-trent ST1 5JE2
£59K11/200.05 mi58, Lowther Street, Stoke-on-trent ST1 5JF2
£50K11/200.07 mi19, Rutland Street, Stoke-on-trent ST1 5JG2
£62.5K03/210.07 mi35, Rutland Street, Stoke-on-trent ST1 5JG2
£55K12/230.07 mi43, Rutland Street, Stoke-on-trent ST1 5JG2
£100K06/210.11 mi4, Shaw Street, Stoke-on-trent ST1 5JN2
£45K01/240.14 mi91, Portland Street, Stoke-on-trent ST1 5DR2
£61K01/210.15 mi59, Winifred Street, Stoke-on-trent ST1 5DN2
£70K05/210.19 mi10, Windermere Street, Stoke-on-trent ST1 5EL2
£60K02/240.19 mi10, Windermere Street, Stoke-on-trent ST1 5EL2
£75K02/230.19 mi19, Windermere Street, Stoke-on-trent ST1 5EL2
£40K04/210.21 mi409, Waterloo Road, Stoke-on-trent ST1 5DT2
£73K06/230.24 mi48, Derwent Street, Stoke-on-trent ST1 5EN2
£110K07/210.27 mi17, Boundary Street, Stoke-on-trent ST1 5BA2
£140K07/230.32 mi18, Festival Close, Stoke-on-trent ST6 3LG2
£60K01/210.34 mi169, Lower Bryan Street, Stoke-on-trent ST1 5AT2
£100K02/210.43 mi15, Bowlers Close, Stoke-on-trent ST6 3LR2
£95K04/230.44 mi32, Sandon Street, Stoke-on-trent ST1 4BJ2
£84.5K03/230.44 mi20, Sandon Street, Stoke-on-trent ST1 4BJ2
£60K02/210.45 mi3, Furnival Street, Stoke-on-trent ST6 2PD2
£100K01/230.45 mi29, Cavendish Street, Stoke-on-trent ST1 4BH2
£70K10/210.47 mi18, Hillary Street, Stoke-on-trent ST6 2PG2
£113K06/230.49 mi284, Etruria Vale Road, Stoke-on-trent ST1 4BL2
£69.4K11/210.49 mi18, Sefton Street, Stoke-on-trent ST1 4BQ2
£90K04/230.49 mi16, Sefton Street, Stoke-on-trent ST1 4BQ2
£70K03/210.53 mi9, Arbour Street, Stoke-on-trent ST1 2HF2
£110K10/200.55 mi6, Pebble Mill Street, Stoke-on-trent ST1 5RG2
£82K04/210.58 mi40, Festing Street, Stoke-on-trent ST1 2JA2
£60K11/230.58 mi48, Festing Street, Stoke-on-trent ST1 2JA2
£60K11/230.58 mi48, Festing Street, Stoke-on-trent ST1 2JA2
£62K01/210.6 mi37, Festing Street, Stoke-on-trent ST1 2HY2
£112K05/230.62 mi178, Town Road, Stoke-on-trent ST1 2LD2
£108K05/210.63 mi18, Timmis Street, Stoke-on-trent ST1 4JY2
£72.5K11/200.64 mi195, Sneyd Street, Stoke-on-trent ST6 2NU2
£40K03/230.64 mi48, Whitmore Street, Stoke-on-trent ST1 4JT2
£64K06/230.64 mi2, Garth Street, Stoke-on-trent ST1 2DA2
£64K06/230.64 mi2, Garth Street, Stoke-on-trent ST1 2DA2
£124K12/230.65 mi15, Dilke Street, Stoke-on-trent ST1 2LJ2
£36K12/200.65 mi37, Ladysmith Road, Stoke-on-trent ST1 4BY2
£85K09/230.65 mi21, Ladysmith Road, Stoke-on-trent ST1 4BY2
£85K04/230.65 mi35, Whitmore Street, Stoke-on-trent ST1 4JS2
£83.5K01/240.65 mi21, Whitmore Street, Stoke-on-trent ST1 4JS2
£93K06/230.67 mi53, Free Trade Street, Stoke-on-trent ST1 2EF2
£110K02/230.67 mi49, Kimberley Road, Stoke-on-trent ST1 4DA2
£51K11/200.68 mi55, Mynors Street, Stoke-on-trent ST1 2DH2
£57K11/200.68 mi65, Mynors Street, Stoke-on-trent ST1 2DH2
£69K05/210.68 mi37, Kimberley Road, Stoke-on-trent ST1 4DA2
£76K04/210.68 mi29, Kimberley Road, Stoke-on-trent ST1 4DA2
£80K02/240.68 mi55, Kimberley Road, Stoke-on-trent ST1 4DA2
£113K05/210.69 mi104, Belmont Road, Stoke-on-trent ST1 4BT2

Local Rents

39 rents from £540/mo to £3.9K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£69509/240 miDenbigh Street, ST12
£60002/250.02 mi-2
£65002/250.03 mi-2
£70012/240.05 mi-2
£65009/240.05 miCentury Street, Hanley, Stoke-on-Trent, ST12
£2,30001/240.05 mi-2
£58511/240.05 mi-2
£54012/240.05 mi-2
£54012/240.05 mi-2
£58003/250.06 mi-2
£65009/240.06 mi-2
£60009/240.06 miRutland Street, Stoke-On-Trent2
£56001/250.13 mi-2
£69501/250.13 mi-2
£72503/250.17 mi-2
£85004/250.28 mi-2
£1,00004/250.31 mi-2
£3,85004/250.31 mi-2
£1,20003/250.35 mi-2
£80009/240.36 miHenry Dunn Avenue, Hanley, Stoke-on-Trent, ST12
£72501/250.41 mi-2
£72501/250.41 mi-2
£69504/250.43 mi-2
£75004/250.48 mi-2
£90004/250.51 mi-2
£98009/240.54 miClayworks, Hanley2
£1,01509/240.54 miClayworks, Hanley2
£90009/240.54 miClayworks, Hanley2
£97509/240.54 miClayworks, Hanley2
£89009/240.54 miClayworks, Hanley2
£93009/240.54 miClayworks, Hanley2
£65009/240.56 mi-2
£67504/250.57 mi-2
£79509/240.58 miGrove Street; Hanley; ST62
£65004/250.59 mi-2
£75003/250.59 mi-2
£2,50010/240.59 mi-2
£2,50010/240.59 mi-2
£67509/240.62 mi-2

Local Area Statistics

Population in ST1

29,532

Population in Stoke-on-Trent

347,755

Town centre distance

1.31 miles away

Nearest school

0.30 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Price changed to £60,000

March 20, 2025

Listed for £73,000

March 12, 2025

Floor Plans

Description

  • Mid Terrace Property +
  • Two Bedrooms +
  • Through lounge/diner +
  • Ground Floor Bathroom +
  • For Sale by Auction +
  • Council Tax Band - A +
  • Tenure - Freehold +
  • EPC - C +

AGENTS NOTE The property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 day reservation period. Interested parties personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable reservation fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. The fee is paid to reserve the property to the buyer during the reservation period and is paid in addition to the purchase price. The fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional. 

LOUNGE/DINER 25' 3" x 11' 6" (7.70m x 3.51m) Having dual aspect double glazed windows to the front and rear elevations, stairs to first floor, two radiators.  

KITCHEN 10' 7" x 5' 10" (3.23m x 1.78m) Fitted with wall and base units with worksurface over which incorporates a stainless steel sink unit and drainer, integrated oven and hob, space for appliances, double glazed window to the side elevation.  

REAR LOBBY Door giving access to the rear yard. 

BATHROOM 9' 3" x 5' 6" (2.82m x 1.70m) White suite comprising; low level WC, hand wash basin set in vanity unit and bath with shower over, double glazed window to the side elevation, radiator.  

BEDROOM 11' 6" x 10' 5" (3.51m x 3.18m) Having fitted wardrobes, double glazed window to the front elevation, radiator. 

BEDROOM 11' 6" x 11' 0" (3.51m x 3.37m) Having built in storage cupboard, double glazed window to the rear elevation radiator.  

EXTERNAL Enclosed yard to the rear.

Agent Details

Martin & Co, Stoke On Trent

01782 262880

Next Steps?

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