3 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST1 6LN, £130,000

138 Birches Head Road, Birches Head, ST1 6LN - 2 views - a month ago

Refurb/BRRR
ROI: 5%
~93 m²
+14 photos

ValuationFair Value

Sold Prices£80K - £395K
Sold Prices/m²£588/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£132,600

 

 

End Value (After Refurb)

£125,512

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Refurb Costs

£37,686

Bridging Loan Interest

£3,413

Total Cash In

£83,048

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£125,512

Mortgage (After Refinance)

£94,134

Mortgage LTV

75%

Cash Left In

£83,048

Equity

£31,378

Rent Range

£725 - £1,350

Rent Estimate

£907

Running Costs/mo

£594

Cashflow/mo

£313

Cashflow/yr

£3,761

ROI

5%

Gross Yield

8%

Local Sold Prices

50 sold prices from £80K to £395K, average is £162.5K. £588/m² to £3.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£205K07/210.02 mi184, Birches Head Road, Stoke-on-trent ST1 6LN3
£130K10/230.04 mi141, Birches Head Road, Stoke-on-trent ST1 6ND3
£99K04/210.07 mi61, Hammersley Street, Stoke-on-trent ST1 6LP3
£111K08/230.07 mi61, Hammersley Street, Stoke-on-trent ST1 6LP3
£115K11/230.07 mi53, Hammersley Street, Stoke-on-trent ST1 6LP3
£150K12/230.07 mi6, Gleneagles Crescent, Stoke-on-trent ST1 6NF3
£198K12/230.07 mi14, Gleneagles Crescent, Stoke-on-trent ST1 6NF3
£395K11/230.07 mi4, Gleneagles Crescent, Stoke-on-trent ST1 6NF3
£138K06/210.07 mi75, Bradford Terrace, Stoke-on-trent ST1 6LZ3
£123K05/230.09 mi30, Bradford Terrace, Stoke-on-trent ST1 6LY3
£117K11/210.09 mi36, Hammersley Street, Stoke-on-trent ST1 6LW3
£105K02/210.1 mi105, Birches Head Road, Stoke-on-trent ST1 6LL3
£134K10/230.11 mi109, Moston Street, Stoke-on-trent ST1 2LX3
£93K11/200.12 mi78, Oak Street, Stoke-on-trent ST1 2NB3
£176K11/210.13 mi68, Derek Drive, Stoke-on-trent ST1 6BY3
£175K04/230.13 mi26, Derek Drive, Stoke-on-trent ST1 6BY3
£200K06/230.13 mi80, Derek Drive, Stoke-on-trent ST1 6BY3
£125K03/210.13 mi100, Moston Street, Stoke-on-trent ST1 2LT3
£187.5K07/210.14 mi9, Fairhaven Grove, Stoke-on-trent ST1 6LX3
£235K12/230.14 mi31, Fairhaven Grove, Stoke-on-trent ST1 6LX3
£175.5K08/230.14 mi5, Fairhaven Grove, Stoke-on-trent ST1 6LX3
£150K07/210.14 mi30, Fairhaven Grove, Stoke-on-trent ST1 6LX3
£250K06/220.14 mi43, Fairhaven Grove, Stoke-on-trent ST1 6LX3
£185K06/230.15 mi63, Derek Drive, Stoke-on-trent ST1 6BX3
£189.8K08/230.15 mi51, Derek Drive, Stoke-on-trent ST1 6BX3
£168K01/230.15 mi194, Turner Street, Stoke-on-trent ST1 6LT3
£190K03/230.19 mi34, Northam Road, Stoke-on-trent ST1 6DA3
£110K07/230.19 mi95, Barthomley Road, Stoke-on-trent ST1 6NL3
£100K10/210.19 mi6, Gibbins Street, Stoke-on-trent ST1 2LS3
£155K09/230.2 mi28, Kelvin Avenue, Stoke-on-trent ST1 6BS3
£186K08/230.2 mi30, Kelvin Avenue, Stoke-on-trent ST1 6BS3
£175K01/240.2 mi6, Kelvin Avenue, Stoke-on-trent ST1 6BS3
£95K08/210.21 mi42, Oak Street, Stoke-on-trent ST1 2NW3
£206K11/220.22 mi36, Kelvin Avenue, Stoke-on-trent ST1 6BS3
£141K12/200.22 mi13, Kelvin Avenue, Stoke-on-trent ST1 6BP3
£80K09/230.22 mi83, Mount Street, Stoke-on-trent ST1 2NP3
£172.5K03/230.23 mi261, Birches Head Road, Stoke-on-trent ST1 6NB3
£192K04/230.23 mi239, Birches Head Road, Stoke-on-trent ST1 6NB3
£111K09/210.24 mi36, Bold Street, Stoke-on-trent ST1 6PF3
£178K05/230.25 mi31, Gordon Crescent, Stoke-on-trent ST1 6BU3
£224K02/230.25 mi17, Gordon Crescent, Stoke-on-trent ST1 6BU3
£157K09/210.25 mi57, Eros Crescent, Stoke-on-trent ST1 6RN3
£125K02/210.25 mi85, Eros Crescent, Stoke-on-trent ST1 6RN3
£155K07/210.25 mi91, Eros Crescent, Stoke-on-trent ST1 6RN3
£182K11/230.25 mi71, Eros Crescent, Stoke-on-trent ST1 6RN3
£213K07/220.25 mi5, Eros Crescent, Stoke-on-trent ST1 6RN3
£176.5K02/210.27 mi230, Birches Head Road, Stoke-on-trent ST1 6NA3
£80K01/240.28 mi39, Rose Street, Stoke-on-trent ST1 6PG3
£97K02/210.28 mi4, Dover Street, Stoke-on-trent ST1 2NN3
£185K02/230.29 mi3, Granville Avenue, Stoke-on-trent ST1 6BQ3

Local Rents

11 rents from £725/mo to £1.4K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£89503/250.14 mi-3
£95003/250.14 mi-3
£87509/240.15 miDerek Drive, Stoke-On-Trent, ST13
£79503/250.27 mi-3
£72509/240.35 miBuxton Street, Sneyd Green, Stoke-on-Trent, ST13
£85002/250.39 mi-3
£1,09012/240.51 mi-3
£1,35004/250.53 mi-3
£79509/240.6 mi-3
£87509/240.6 mi-3
£87509/240.6 miWentworth Grove, Sneyd Green, Stoke-on-Trent3

Local Area Statistics

Population in ST1

29,532

Population in Stoke-on-Trent

347,755

Town centre distance

0.41 miles away

Nearest school

0.20 miles away

Nearest train station

2.01 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £130,000

March 12, 2025

Description

  • FORECOURTED TERRACE +
  • THREE BEDROOMS +
  • SPACIOUS ACCOMMODATION +
  • GOOD LOCATION +
  • GAS CENTRAL HEATING +
  • UPVC DOUBLE GLAZING +
  • INVESTMENT OPPORTUNITY +
  • NO UPWARD CHAIN! +
  • VIEWING ESSENTIAL! +

A deceptively spacious forecourted mid terrace house situated in a popular residential locality. This is a perfect investment opportunity but would also suit first time buyers. The property is in need of some general refurbishment but has fantastic potential. Benefits from gas central heating, uPVC double glazing, three bedrooms and the additional advantage of no upward chain! Call us to day to arrange an appointment to view!

PORCH: uPVC door, tiled floor.

HALLWAY: Laminate flooring, central heating radiator.

LOUNGE: 29'7" into bay x 10'9" max (9.02m x 3.28m), Laminate flooring, uPVC double glazing, two central heating radiators, fireplace with fitted gas fire.

DINING ROOM: 10'5" x 8'5" (3.18m x 2.57m), Laminate flooring, uPVC double glazing, central heating radiator, under stairs store.

KITCHEN: 8'0" x 8'2" (2.44m x 2.49m), Sink unit with cupboards below, base and wall storage units, working surfaces. Tiled floor, uPVC double glazing, plumbing for washing machine, gas central heating boiler.

FIRST FLOOR

LANDING: Fitted carpet to stairs and landing, store with access to loft.

BEDROOM ONE: 14'1" x 13'2" (4.29m x 4.01m), Fitted carpet, central heating radiator, uPVC double glazing.

BEDROOM TWO: 13'2" x 8'0" (4.01m x 2.44m), Fitted carpet, central heating radiator, uPVC double glazing.

BEDROOM THREE: 10'6" x 8'5" (3.20m x 2.57m), Fitted carpet, central heating radiator, uPVC double glazing.

BATHROOM/WC: 7'10" x 5'4" (2.39m x 1.63m), Bath, pedestal wash hand basin, low level WC, central heating radiator, uPVC double glazing, fitted carpet, airing cupboard.

EXTERNALLY: To the front of the property is a block paved forecourt. Enclosed paved yard to the rear with shed and cold water supply.

Agent Details

Dale and Collins, Trentham

01782 493323

Next Steps?

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