2 Bed Bungalow, Refurb/BRRR, Stoke-on-Trent, ST8 6SU, £195,000

Sawyer Drive, Biddulph, ST8 6SU - a month ago

Refurb/BRRR
ROI: 2%
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£63K - £239.9K
Sold Prices/m²£896/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£106,250

 

 

End Value (After Refurb)

£188,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£10,950

Refurb Costs

£28,969

Bridging Loan Interest

£5,119

Total Cash In

£95,537

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£188,750

Mortgage (After Refinance)

£141,563

Mortgage LTV

75%

Cash Left In

£95,537

Equity

£47,188

Rent Range

£600 - £3,100

Rent Estimate

£937

Running Costs/mo

£797

Cashflow/mo

£140

Cashflow/yr

£1,677

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £63K to £239.9K, average is £130K. £896/m² to £4.2K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£86K02/210.12 mi53, Craigside, Biddulph, Stoke-on-trent, Staffordshire ST8 6BP2
£112.5K07/210.12 mi63, Craigside, Biddulph, Stoke-on-trent, Staffordshire ST8 6BP2
£239.9K08/230.12 mi1, Chelsea Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6UA2
£190K06/210.15 mi1, Bowmere Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6UD2
£230K12/230.15 mi1, Bowmere Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6UD2
£147K09/230.16 mi55, Station Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6BT2
£115K05/230.16 mi45, Station Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6BL2
£140K08/230.19 mi14, Station Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6BJ2
£126.2K11/220.2 mi18, Cross Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6BD2
£120K04/210.22 mi14, Station Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6BJ2
£63K06/210.25 mi4, Cromwell Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6ED2
£118K02/230.25 mi12, South View, Biddulph, Stoke-on-trent, Staffordshire ST8 6AF2
£226K07/230.26 mi3, Sandsdown Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6DA2
£116K10/220.28 mi31, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6BB2
£130K10/230.28 mi2, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6BB2
£115K11/200.3 mi7, Briarswood, Biddulph, Stoke-on-trent, Staffordshire ST8 6BW2
£135K01/230.33 mi73, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6AU2
£106.5K02/230.33 mi86, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6AT2
£135K09/230.33 mi52, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6AT2
£120.1K11/200.33 mi32, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DU2
£124K06/230.34 mi6, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DU2
£176K08/230.34 mi3, Diamond Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6JP2
£125K05/210.35 mi11, Lorena Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6FD2
£117K07/210.35 mi8, Lorena Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6FD2
£185K11/220.35 mi2, Lawton Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6EQ2
£125K06/210.35 mi1, Lorena Close, Biddulph, Stoke-on-trent, Staffordshire ST8 6FD2
£137K04/210.35 mi83, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EF2
£182K09/230.35 mi81, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EF2
£122.5K11/230.36 mi2, Stanley Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6AX2
£110K11/210.36 mi70a, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EG2
£162.8K09/230.36 mi74, Congleton Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6EG2
£140K12/230.36 mi79, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DT2
£125.5K11/230.36 mi11, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DT2
£125.5K11/230.36 mi11, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DT2
£123.5K01/240.36 mi7, Albert Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6DT2
£171K12/220.37 mi96, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HW2
£168K02/230.38 mi7, Lawton Crescent, Biddulph, Stoke-on-trent, Staffordshire ST8 6EH2
£105K12/220.38 mi34, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HS2
£205K12/200.39 mi69, Mow Lane, Gillow Heath, Stoke-on-trent, Staffordshire ST8 6QB2
£140K06/210.41 mi94, Tunstall Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6HH2
£128K12/200.41 mi122, Mow Lane, Gillow Heath, Stoke-on-trent, Staffordshire ST8 6RJ2
£150K09/230.41 mi122, Mow Lane, Gillow Heath, Stoke-on-trent, Staffordshire ST8 6RJ2
£160K09/210.41 mi128, Mow Lane, Gillow Heath, Stoke-on-trent, Staffordshire ST8 6RJ2
£159.9K01/210.42 mi33, Kingsfield Road, Biddulph, Stoke-on-trent ST8 6DN2
£205K04/240.42 mi33, Kingsfield Road, Biddulph, Stoke-on-trent, Staffordshire ST8 6DN2
£128K06/210.43 mi46, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HX2
£150K11/230.43 mi33, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HX2
£125K12/220.43 mi46, Well Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HX2
£185K11/220.43 mi14, Bellringer Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7PH2
£180K10/220.43 mi20, Bellringer Close, Biddulph, Stoke-on-trent, Staffordshire ST8 7PH2
£108K12/200.43 mi130a, John Street, Biddulph, Stoke-on-trent, Staffordshire ST8 6HW2

Local Rents

11 rents from £600/mo to £3.1K/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£60009/240.23 mi-2
£70009/240.23 miLovit View, High Street, ST82
£67509/240.25 miHigh Street, ST82
£82512/240.35 mi-2
£82512/240.4 mi-2
£60006/240.47 mi-2
£65009/240.49 miTunstall Road, Biddulph, Stoke-On-Trent2
£79509/240.49 mi-2
£84508/240.49 mi-2
£3,10009/240.49 mi-2
£69512/240.52 mi-2

Local Area Statistics

Population in ST8

20,197

Population in Stoke-on-Trent

347,755

Town centre distance

5.53 miles away

Nearest school

0.40 miles away

Nearest train station

2.70 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £195,000

March 12, 2025

Floor Plans

Description

2 Bedrooms. Extended detached true bungalow located within a popular residential cul-de-sac, situated conveniently close to the town centre, local amenities and has countryside walks virtually on the doorstep. The bungalow is competitively priced to reflect the full modernisation required and is offered for sale with no upward chain. Viewing is highly recommended to appreciate the full potential of this property.

Accommodation comprises of; uPVC double glazed door allowing access into the entrance hall which has doors allowing to both bedrooms, bathroom and living/dining room. Extended living/dining room has patio doors allowing access into the rear garden. Kitchen has fitted eye and base level units with worksurface over. uPVC double glazed window to the side elevation and uPVC double glazed door and side panel window to the rear. Bathroom has a low level w.c, pedestal wash hand basin and panel bath. Both bedrooms are to the front elevation each have a fitted wardrobe and window allowing pleasant views over the cul-de-sac.

Externally the property is approached via a tarmacadam driveway which provides ample off road parking, easy access pedestrian access to the property and garage to rear elevation. To the rear elevation there is a pleasant patio garden and detached garage.

Agent Details

Priory Property Services, Biddulph

01782 493695

Next Steps?

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