2 Bed Terraced House, Single Let, Stoke-on-Trent, ST4 6EA, £63,000

Langley Street, Stoke-On-Trent, ST4 6EA - 5 views - a month ago

Auction
BTL
ROI: 18%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£65K - £260K
Sold Prices/m²£631/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£925/m²

Value Estimate

£78,120
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,750

Stamp Duty & Legal Fees

£4,350

Total Cash In

£20,100

 

 

Cash Out

 

Rent Range

£550 - £2,170

Rent Estimate

£650

Running Costs/mo

£347

Cashflow/mo

£303

Cashflow/yr

£3,638

ROI

18%

Gross Yield

12%

Local Sold Prices

49 sold prices from £65K to £260K, average is £115K. £631/m² to £2.8K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£110K07/230.02 mi67, Clare Street, Stoke-on-trent ST4 6EE2
£90K01/210.02 mi59, Clare Street, Stoke-on-trent ST4 6EE2
£120K08/240.02 mi87, Clare Street, Stoke-on-trent ST4 6EE2
£87K02/210.02 mi87, Clare Street, Stoke-on-trent ST4 6EE2
£95K03/230.02 mi31, Clare Street, Stoke-on-trent ST4 6EE2
£80K01/210.04 mi87, Langley Street, Stoke-on-trent ST4 6EA2
£90K02/210.04 mi39, Langley Street, Stoke-on-trent ST4 6EA2
£100K12/230.06 mi62, Clare Street, Stoke-on-trent ST4 6ED2
£112K02/230.06 mi84, Langley Street, Stoke-on-trent ST4 6DZ2
£76K12/230.06 mi74, Victoria Street, Stoke-on-trent ST4 6EF2
£102K04/230.06 mi76, Victoria Street, Stoke-on-trent ST4 6EF2
£95K04/230.06 mi90, Victoria Street, Stoke-on-trent ST4 6EF2
£94.3K11/200.08 mi23, Victoria Street, Stoke-on-trent ST4 6EG2
£210K12/220.09 mi32, Kingsfield Oval, Stoke-on-trent ST4 6HW2
£203.5K11/200.09 mi54, Sackville Street, Stoke-on-trent ST4 6HX2
£165K08/230.1 mi1, Collis Avenue, Stoke-on-trent ST4 6DT2
£105K11/230.11 mi99, Victoria Street, Stoke-on-trent ST4 6EH2
£65K04/210.12 mi567, Etruria Road, Stoke-on-trent ST4 6HL2
£138K09/230.12 mi71, Sackville Street, Stoke-on-trent ST4 6HU2
£115K06/240.13 mi426, Shelton New Road, Stoke-on-trent ST4 6DR2
£84K05/210.13 mi424, Shelton New Road, Stoke-on-trent ST4 6DR2
£121K02/210.14 mi1, Elliott Street, Newcastle, Staffordshire ST5 1JL2
£91K07/230.14 mi3, Elliott Street, Newcastle, Staffordshire ST5 1JL2
£142K06/230.14 mi14, Elliott Street, Newcastle, Staffordshire ST5 1JL2
£115K10/230.14 mi48, Gladstone Street, Stoke-on-trent ST4 6JF2
£179K08/230.14 mi60, Gladstone Street, Stoke-on-trent ST4 6JF2
£138K04/230.16 mi8, Horton Street, Newcastle, Staffordshire ST5 1JN2
£78.5K08/230.17 mi78, Albert Street, Newcastle, Staffordshire ST5 1JR2
£138K07/230.17 mi28, Albert Street, Newcastle, Staffordshire ST5 1JR2
£125K05/230.2 mi47, Earl Street, Newcastle, Staffordshire ST5 1HZ2
£145K06/230.2 mi41, Earl Street, Newcastle, Staffordshire ST5 1HZ2
£127.5K06/230.22 mi72, Stoke Old Road, Stoke-on-trent ST4 6ER2
£112K07/230.24 mi152, Victoria Street, Stoke-on-trent ST4 6HD2
£129K06/210.29 mi3, Camellia Close, Stoke-on-trent ST4 7TL2
£120K06/230.3 mi27, Stanley Road, Stoke-on-trent ST4 7PW2
£117K07/240.31 mi33, Mount Pleasant, Newcastle, Staffordshire ST5 1DA2
£145K07/230.31 mi33, Ashwell Road, Stoke-on-trent ST4 6AT2
£165K08/210.31 mi50, Stanley Road, Stoke-on-trent ST4 7PN2
£173K03/230.31 mi42, Stanley Road, Stoke-on-trent ST4 7PN2
£260K01/230.32 mi2, Beaumaris Close, Stoke-on-trent ST4 6AN2
£153K01/230.32 mi20, Hyacinth Road, Stoke-on-trent ST4 7TJ2
£108K01/240.33 mi11, Grice Road, Stoke-on-trent ST4 7PJ2
£120K03/230.33 mi9, Grice Road, Stoke-on-trent ST4 7PJ2
£91K07/210.38 mi39, Albany Road, Stoke-on-trent ST4 6AZ2
£127K06/230.39 mi48, Coronation Road, Stoke-on-trent ST4 6BH2
£113K02/240.39 mi24, Coronation Road, Stoke-on-trent ST4 6BH2
£103K11/210.39 mi89, Oxford Road, Newcastle, Staffordshire ST5 0QB2
£98K12/200.41 mi400, Hartshill Road, Stoke-on-trent ST4 7PG2
£123K12/200.42 mi14, Radford Road, Stoke-on-trent ST4 7DA2

Local Rents

50 rents from £550/mo to £2.2K/mo, average is £848/mo.

RentDateDistanceAddressBeds 
£75009/240.02 miClare Street, Stoke-on-Trent, ST42
£75012/240.03 mi-2
£75012/240.06 mi-2
£55009/240.08 miVictoria Street, Basford, Stoke-on-Trent, ST42
£75012/240.1 mi-2
£85002/250.12 mi-2
£86012/240.12 mi-2
£98009/240.14 mi-2
£80002/250.14 mi-2
£79509/240.14 miElliott Street; Newcastle; ST52
£1,15012/240.14 mi-2
£90001/250.15 mi-2
£1,60012/240.21 mi-2
£89512/240.22 mi-2
£75004/250.25 mi-2
£82502/240.29 mi-2
£2,17012/240.29 mi-2
£2,17001/250.29 mi-2
£2,17001/250.29 mi-2
£71812/240.31 mi-2
£89501/250.33 mi-2
£92509/240.35 miMarsh Box, 2 Marsh Parade, Newcastle under Lyme, Staffordshire, ST52
£79512/240.36 mi-2
£76009/240.38 mi-2
£80001/250.38 mi-2
£76009/240.38 miAlbany Road, Stoke-On-Trent, ST42
£75009/240.38 miAlbany Road; Hartshill; ST42
£87512/240.4 mi-2
£84502/250.4 mi-2
£79009/240.4 mi-2
£79009/240.4 miNorth Street, Newcastle, ST52
£65009/240.41 miHartshill Road, Hartshill, ST42
£99504/250.42 mi-2
£65001/250.45 mi-2
£70012/240.47 mi-2
£1,05003/250.47 mi-2
£95001/250.47 mi-2
£95001/250.47 mi-2
£95003/250.47 mi-2
£1,10004/250.47 mi-2
£87509/240.47 miHassell's Bridge, Hassell Street, Newcastle-under-Lyme2
£87509/240.47 miHassell's Bridge, Hassell Street, Newcastle-under-Lyme2
£87509/240.47 miHassell's Bridge, Hassell Street, Newcastle-under-Lyme2
£72509/240.48 miMinton Street; Hartshill; ST42
£85012/240.49 mi-2
£87503/250.5 mi-2
£85002/250.51 mi-2
£69502/240.56 mi-2
£62509/240.57 miFlorence Street, Newcastle2
£72512/240.58 mi-2

Local Area Statistics

Population in ST4

56,870

Population in Stoke-on-Trent

347,755

Town centre distance

2.82 miles away

Nearest school

0.20 miles away

Nearest train station

1.37 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £63,000

March 21, 2025

Description

  • For Sale Via Auction +
  • Popular Area of Basford +
  • Combi Gas Central Heating +
  • No Chain +
  • 2 Bedrooms +
  • 2 Reception Rooms +
  • UPVC Double Glazing +
  • Refurbishment Required +

A 2 bedroomed mid terraced house in need of refurbishment. For sale by public auction at The DoubleTree by Hilton, Etruria Hall , Festival Way, Staffordshire, ST1 5BQ on Monday 2 June 2025 at 6.30pm. We also offer remote bidding via internet, telephone or proxy. To register to bid on this Lot, or to download the Legal Pack - please see the Butters John Bee website or call the auction team direct.

Common Auction Conditions:
This property is sold subject to our Common Auction Conditions (a copy is available on request)

Buyers Administration Fee
A buyer’s administration fee of £1,800 inc VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them

Viewings
To view this lot, please contact the selling office

Bidding
Please contact our auction department direct on for further information or email . Further details are available in the catalogue -
Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Reserve
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction

Agent Details

Butters John Bee, Newcastle Under Lyme

01704 335884

Next Steps?

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