3 Bed Flat, Refurb/BRRR, Stoke-on-Trent, ST7 1EE, £55,000

Liverpool Road, Stoke-on-Trent, ST7 1EE - 3 views - 22 days ago

Leasehold
Auction
Refurb/BRRR
ROI: 6%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£100K - £245K
Sold Prices/m²£1.5K/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£591/m²

Value Estimate

£55,550

 

 

End Value (After Refurb)

£130,200

Uplift in Value

+137%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£3,950

Refurb Costs

£39,200

Bridging Loan Interest

£1,444

Total Cash In

£60,094

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£130,200

Agent Fees (1%)

£1,302

Bridging Loan

£41,250

Bridging Loan Interest

£1,444

Flip Profit

£27,554

Local Sold Prices

6 sold prices from £100K to £245K, average is £156.3K. £1.5K/m² to £2.2K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£140K09/211.21 mi29, Stratheden Road, Stoke-on-trent ST6 7PD3
£133K12/201.27 mi22, Stratheden Road, Stoke-on-trent ST6 7NU3
£245K11/211.86 mi273, Crackley Bank, Newcastle, Staffordshire ST5 7AB3
£180K05/232.42 mi3, Topaz Close, Stoke-on-trent ST6 8HR3
£100K01/232.66 mi21, Topgate Drive, Stoke-on-trent ST1 3SG3
£172.5K08/212.8 mi31, Malham Road, Newcastle, Staffordshire ST5 6DG3

Local Rents

21 rents from £650/mo to £1.4K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£69512/240.3 mi-3
£85001/250.32 mi-3
£85009/240.33 miGibson Street, Tunstall, ST63
£1,20002/250.36 mi-3
£65009/240.37 miPinnox Street, Stoke-On-Trent, ST63
£75012/240.39 mi-3
£70012/240.39 mi-3
£1,40002/250.4 mi-3
£90001/250.43 mi-3
£95004/250.44 mi-3
£90004/250.46 mi-3
£1,40009/240.47 mi-3
£1,40009/240.47 mi-3
£75012/240.48 mi-3
£72512/240.52 mi-3
£87509/240.54 miMaddock Street, Stoke-On-Trent, ST73
£95004/250.55 mi-3
£69509/240.57 miMaddock Street, Middleport, Stoke-on-Trent, Staffordshire, ST63
£79502/240.59 mi-3
£1,02509/240.59 miStanley Park, Stoke-on-Trent, ST63
£95012/240.61 mi-3

Local Area Statistics

Population in ST7

53,396

Population in Stoke-on-Trent

347,755

Town centre distance

2.15 miles away

Nearest school

0.10 miles away

Nearest train station

2.92 miles away

 

 

Rental growth (12m)

+109%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £55,000

March 26, 2025

Description

  • Semi-detached house +
  • Converted into two flats +
  • Leasehold +
  • Three bedrooms +
  • Yard to the rear +
  • In need of renovation +

This is a three bedroom semi-detached house which has been converted into two leasehold flats, in need of renovation and repair.

982 years left on the lease. 999 years from 20/06/2008

EPC rating D

It is suggested that potential purchaser’s make their own enquiries of mortgage lenders as to whether the property is mortgageable prior to making a bid at auction

For sale by public auction at The DoubleTree by Hilton, Etruria Hall Festival Way, Staffordshire, ST1 5BQ on Monday 14th April 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 Auction Dept

Internet, Telephone & Proxy Bidding
Interested in this lot but can’t attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on 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 sellers 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 Auctions, covering North West

01782 493815

Next Steps?

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