2 Bed Bungalow, Refurb/BRRR, Stoke-on-Trent, ST6 6LX, £85,000

Unicorn Place, Pittshill, Stoke-On-Trent ST6 6LX 6 - 18 days ago

Auction
Refurb/BRRR
ROI: 5%
~68 m²

ValuationUndervalued

Sold Prices£55K - £222.5K
Sold Prices/m²£638/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£87,550
BMV3%

 

 

End Value (After Refurb)

£96,374

Uplift in Value

+13%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Refurb Costs

£27,600

Bridging Loan Interest

£2,231

Total Cash In

£58,281

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£96,374

Mortgage (After Refinance)

£72,281

Mortgage LTV

75%

Cash Released

£8,531

Cash Left In

£49,751

Equity

£24,094

Rent Range

£425 - £1,050

Rent Estimate

£711

Running Costs/mo

£463

Cashflow/mo

£248

Cashflow/yr

£2,972

ROI

5%

Gross Yield

10%

Local Sold Prices

51 sold prices from £55K to £222.5K, average is £110K. £638/m² to £4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£69.3K04/210.12 mi23, Benson Street, Stoke-on-trent ST6 6LR2
£180K03/230.13 mi7, Botham Grove, Stoke-on-trent ST6 5NX2
£65K12/200.14 mi45, St Michaels Road, Stoke-on-trent ST6 6LE2
£72K07/230.15 mi60, St Michaels Road, Stoke-on-trent ST6 6LF2
£65K09/210.17 mi22, Francis Street, Stoke-on-trent ST6 6LP2
£157.5K04/210.19 mi159, Victoria Park Road, Stoke-on-trent ST6 6DY2
£80K05/210.2 mi24, Avonside Avenue, Stoke-on-trent ST6 6EA2
£73K07/230.21 mi92, St Michaels Road, Stoke-on-trent ST6 6LG2
£110K03/210.23 mi1, Almar Place, Stoke-on-trent ST6 6JJ2
£95K04/210.25 mi75, Clandon Avenue, Stoke-on-trent ST6 5UX2
£112.5K02/210.27 mi86, Barber Road, Stoke-on-trent ST6 6JL2
£121.5K07/210.3 mi25, Beswick Road, Stoke-on-trent ST6 6JP2
£119K12/200.3 mi21, Gemini Grove, Stoke-on-trent ST6 6NP2
£135K07/230.3 mi25, Gemini Grove, Stoke-on-trent ST6 6NP2
£127K11/200.3 mi40, Clandon Avenue, Tunstall, Stoke-on-trent ST6 5UT2
£155K06/230.3 mi40, Clandon Avenue, Tunstall, Stoke-on-trent ST6 5UT2
£150K07/210.31 mi887, High Lane, Burslem, Stoke-on-trent ST6 6HQ2
£118K04/210.32 mi11, Libra Place, Stoke-on-trent ST6 6NW2
£86K03/210.33 mi204, St Michaels Road, Stoke-on-trent ST6 6JS2
£95K11/200.34 mi60, Sunnyside Avenue, Stoke-on-trent ST6 6EB2
£127.5K07/230.35 mi94, Carlton Avenue, Stoke-on-trent ST6 7HQ2
£135K09/230.36 mi6, Warreners Walk, Stoke-on-trent ST6 5SF2
£100K07/230.37 mi191, St Michaels Road, Stoke-on-trent ST6 6JT2
£92K06/230.37 mi195, St Michaels Road, Stoke-on-trent ST6 6JT2
£84K08/230.39 mi17, Hewitt Street, Stoke-on-trent ST6 6JX2
£93.5K11/200.39 mi24, Hewitt Street, Stoke-on-trent ST6 6JX2
£80K04/210.41 mi15, Clanway Street, Stoke-on-trent ST6 5UG2
£130K10/200.41 mi24, Edge Avenue, Stoke-on-trent ST6 7LB2
£130K10/200.41 mi24, Edge Avenue, Stoke-on-trent ST6 7LB2
£180K04/230.42 mi7, Tarvin Grove, Stoke-on-trent ST6 6JG2
£156K04/230.42 mi5, Tarvin Grove, Stoke-on-trent ST6 6JG2
£55K12/200.43 mi43, Coronation Street, Stoke-on-trent ST6 6BU2
£60K10/230.43 mi29, Coronation Street, Stoke-on-trent ST6 6BU2
£75K04/230.45 mi39, Stanley Street, Stoke-on-trent ST6 6BX2
£179K04/210.47 mi46, Zodiac Drive, Stoke-on-trent ST6 6QJ2
£73K06/210.51 mi39, Salisbury Street, Stoke-on-trent ST6 6BS2
£218K12/220.51 mi2, Lulworth Grove, Stoke-on-trent ST6 6JY2
£222.5K12/220.52 mi2, Beddow Way, Stoke-on-trent ST6 6JE2
£130K06/230.52 mi33, Burlidge Road, Stoke-on-trent ST6 6SL2
£111.5K11/210.53 mi12, Ryebrook Grove, Stoke-on-trent ST6 6PX2
£184K07/230.53 mi12, Ryebrook Grove, Stoke-on-trent ST6 6PX2
£128K06/210.53 mi2, Ryebrook Grove, Stoke-on-trent ST6 6PX2
£62K11/210.53 mi25, Kenworthy Street, Stoke-on-trent ST6 6DF2
£140K08/230.56 mi7, Selbourne Drive, Stoke-on-trent ST6 6PR2
£127K08/210.56 mi34, Selbourne Drive, Stoke-on-trent ST6 6PR2
£91K11/210.56 mi10, Arthur Street, Stoke-on-trent ST6 6BH2
£68K08/230.6 mi73, King William Street, Stoke-on-trent ST6 6EG2
£82K07/210.6 mi110, King William Street, Stoke-on-trent ST6 6EJ2
£67K08/230.6 mi80, King William Street, Stoke-on-trent ST6 6EJ2
£95K07/230.6 mi110, King William Street, Stoke-on-trent ST6 6EJ2
£98K03/210.62 mi54, Ridge Road, Stoke-on-trent ST6 5LP2

Local Rents

47 rents from £425/mo to £1.1K/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£65009/240.1 miNaylor Street, Tunstall, ST62
£70004/250.22 mi-2
£75009/240.25 miClandon Avenue, Tunstall, ST62
£90009/240.31 miHigh Lane, Stoke-on-Trent2
£79509/240.32 mi-2
£79509/240.32 miGreenfield Road, Stoke On Trent, ST62
£1,05012/240.42 mi-2
£60003/250.52 mi-2
£70003/250.61 mi-2
£65002/250.63 mi-2
£85012/240.63 mi-2
£69509/240.64 miLowhurst Drive, Chell2
£67509/240.64 miNorton Avenue, Burslem, ST62
£62509/240.64 miSmith Child Street, Tunstall2
£60012/240.64 mi-2
£74502/250.64 mi-2
£62509/240.66 mi-2
£70009/240.66 mi-2
£65009/240.66 miSt Aidans Street, Tunstall2
£67512/240.66 mi-2
£42509/240.67 miKing William Street; Tunstall; ST62
£82512/240.68 mi-2
£72509/240.69 miBishop Road, Chell, Stoke-on-Trent, ST62
£85004/250.7 mi-2
£79512/240.76 mi-2
£79512/240.76 mi-2
£80004/250.77 mi-2
£55001/250.81 mi-2
£69509/240.83 miBroomhill Street, Tunstall2
£69509/240.83 mi-2
£85003/250.83 mi-2
£52509/240.87 mi-2
£84512/240.89 mi-2
£85012/241.02 mi-2
£75002/251.05 mi-2
£85003/251.1 mi-2
£59512/241.13 mi-2
£55002/241.15 mi-2
£60012/241.16 mi-2
£95002/251.17 mi-2
£59512/241.17 mi-2
£59512/241.17 mi-2
£79504/251.17 mi-2
£79509/241.18 miLorne Street, Burslem, Stoke-On-Trent2
£62502/251.19 mi-2
£55012/241.22 mi-2
£66001/251.22 mi-2

Local Area Statistics

Population in ST6

64,608

Population in Stoke-on-Trent

347,755

Town centre distance

2.45 miles away

Nearest school

0.20 miles away

Nearest train station

1.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £85,000

March 25, 2025

Floor Plans

Description

  • For Sale By Auction +
  • Semi-Detached Bungalow +
  • Two Bedrooms +
  • Rear Garden +
  • Driveway +
  • Separate Garage +
  • Bright Lounge Space +

Looking for your next investment? Then take a look at this two bedroom semi-detached bungalow in Pittshill.

In need of modernisation, this bungalow is for sale by Public Auction on 2nd June 2025 at the Doubletree by Hilton Festival Park Stoke-on-Trent at 6.30pm

This would make a great investment as a property to re-develop and make the perfect home!

The property consist; an open lounge space, kitchen, inner hall, two bedrooms and a bathroom. Externally there is garage, rear garden and a driveway.

For sale by public auction at The Double Tree Hilton Hotel Stoke-on-Trent, ST1 5BQ on Monday 2nd 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.

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
Please call us to arrange a viewing.

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, Hanley

01782 493723

Next Steps?

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