5 Bed HMO, Stoke-on-Trent, ST6 3PJ, £139,000

Newport Lane, Burslem, ST6 3PJ - 3 views - a month ago

Auction

HMO

ROI: 13%

~178 m²

+4 photos

ValuationUndervalued

Sold Prices	£104K - £515K
Sold Prices/m²	£1.6K/m² - £3.3K/m²

Square Metres	~178.28 m²
Price/m²	£780/m²
Value Estimate	£183,000£183,000
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£34,750£34,750
Stamp Duty & Legal Fees	£8,700£8,700
Total Cash In	£43,450£43,450

Cash Out
Room Rate	£375£375
Gross Rent	£1,875£1,875
Running Costs/mo	£1,335£1,335
Cashflow/mo	£540£540
Cashflow/yr	£6,476£6,476
ROI	15%15%
Gross Yield	16%16%

Local Sold Prices

24 sold prices from £104K to £515K, average is £305K. £1.6K/m² to £3.3K/m², average is £2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£402.5K	02/23	0.96 mi	31, Woodland Avenue, Newcastle, Staffordshire ST5 8AZ	£2,274	177	5	Detached House
£435K	01/21	0.98 mi	17, Park Avenue, Newcastle, Staffordshire ST5 8AX	£1,719	253	5	Semi-Detached House
£161K	10/20	1.59 mi	1, Langdale Crescent, Stoke-on-trent ST1 6DR	£1,626	99	5	Semi-Detached House
£280K	09/23	1.62 mi	96, Buxton Street, Stoke-on-trent ST1 6BN	-	-	5	Terraced House
£270K	12/23	1.63 mi	73, Buxton Street, Stoke-on-trent ST1 6BW	£1,849	146	5	Semi-Detached House
£140K	02/21	1.67 mi	23, Botham Grove, Stoke-on-trent ST6 5NX	£3,303	42	5	Terraced House
£445K	12/23	1.76 mi	9, Newton Street, Stoke-on-trent ST4 6JN	£2,132	209	5	Semi-Detached House
£350K	09/21	1.8 mi	14, Woodrow Way, Chesterton, Newcastle, Staffordshire ST5 7AP	-	-	5	Detached House
£400K	11/20	1.82 mi	23, Sandy Lane, Newcastle, Staffordshire ST5 0LX	£1,859	215	5	Semi-Detached House
£250K	07/21	1.93 mi	The Bungalow, The Uplands, Newcastle, Staffordshire ST5 0TS	£1,592	157	5	Detached House
£218K	02/21	1.98 mi	3, Birch Street, Stoke-on-trent ST1 6PP	-	-	5	Detached House
£320K	03/21	2.04 mi	13, Moorefields View, Stoke-on-trent ST6 8GU	£1,905	168	5	Detached House
£384K	01/23	2.04 mi	72, Chillington Way, Stoke-on-trent ST6 8GA	-	-	5	Detached House
£104K	09/21	2.11 mi	3, Watermills Close, Stoke-on-trent ST6 8GD	£1,824	57	5	Detached House
£267K	05/21	2.16 mi	7, Heatherleigh Grove, Stoke-on-trent ST1 6SU	£2,711	99	5	Detached House
£300K	05/22	2.38 mi	1, Perivale Close, Stoke-on-trent ST1 6UD	-	-	5	Detached House
£376K	04/23	2.46 mi	30, Burland Road, Newcastle, Staffordshire ST5 7ST	£2,938	128	5	Detached House
£330K	02/21	2.56 mi	1, Woodland Avenue, Stoke-on-trent ST6 8NE	£2,075	159	5	Detached House
£175K	04/23	2.56 mi	140, Boughey Road, Stoke-on-trent ST4 2BB	-	-	5	Terraced House
£310K	12/20	2.64 mi	30, Braithwell Drive, Stoke-on-trent ST2 7NT	£2,441	127	5	Detached House
£250K	09/23	2.77 mi	1, Tansy Way, Newcastle, Staffordshire ST5 3FD	£2,252	111	5	Terraced House
£415K	11/20	2.8 mi	1, Thomas Ward Place, Stoke-on-trent ST4 7LW	£1,861	223	5	Detached House
£220K	12/20	2.86 mi	19, Doulton Grove, Stoke-on-trent ST2 7QX	£1,853	119	5	Terraced House
£515K	01/21	2.97 mi	4, Chantry Road, Newcastle, Staffordshire ST5 2EU	£2,577	200	5	Detached House

Local Area Statistics

Population in ST6	64,60864,608
Population in Stoke-on-Trent	347,755347,755
Town centre distance	1.91 miles away1.91 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.43 miles away0.43 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+23%+23%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+26%+26%

Property History

Price changed to £139,000

April 1, 2025

Listed for £150,000

March 13, 2025

Floor Plans

Description

Possible HMO +
View more: underthehammer.com +

For Sale by under the hammer online auction. Wednesday 9th - Wednesday 9th April 2025 - Head over to our website to download the legal pack, register to bid and see more information. A freehold vacant five bedroom property situated in the residential area of Burslem, Stock-on-Trent. The property briefly has an entrance hallway, a communal area leading into the kitchen, five generously sized bedrooms and a family bathroom/shower room. Projected rental value would be estimated to be £25,000 pa once fully let. The property is ideal for someone looking to add to their portfolio and would be a perfect HMO opportunity. Located in Stoke-on-Trent, this property enjoys excellent transport links. With a host of local amenities within easy reach, this location provides a balanced lifestyle where everything you need is just moments away. With easy access to the A500 and M6, this property offers superb road connections for commuters. Stoke-on-Trent Railway Station is just a short drive away, providing direct links to major cities such as Manchester, Birmingham, and London. The area boasts a variety of local shops, supermarkets, and cafes, all within walking distance. Here's what to do next

Visit - Our website and view the auction terms.
View - Book a viewing directly through our website.
Register - Get registered prior to the auction opening date.
Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls. If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website

Agent Details

Under The Hammer, Birmingham

03455 120115

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪