3 Bed Terraced House, Refurb/BRRR, Stoke-on-Trent, ST6 1EB, £60,000

Moorland Road, Burslem, Stoke-on-Trent, Staffordshire, ST6 1EB - 6 views - 11 days ago

Auction
Refurb/BRRR
ROI: 10%
~93 m²
+2 photos

ValuationFair Value

Sold Prices£55K - £246K
Sold Prices/m²£660/m² - £2.6K/m²

 

 

Square Metres

~93 m²
Price/m²£645/m²

Value Estimate

£60,600

 

 

End Value (After Refurb)

£107,953

Uplift in Value

+80%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£37,686

Bridging Loan Interest

£1,575

Total Cash In

£60,211

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£107,953

Mortgage (After Refinance)

£80,965

Mortgage LTV

75%

Cash Released

£35,965

Cash Left In

£24,246

Equity

£26,988

Rent Range

£660 - £3,100

Rent Estimate

£1,075

Running Costs/mo

£572

Cashflow/mo

£503

Cashflow/yr

£6,032

ROI

10%

Gross Yield

22%

Local Sold Prices

50 sold prices from £55K to £246K, average is £112.5K. £660/m² to £2.6K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£96K01/210.1 mi226, Moorland Road, Stoke-on-trent ST6 1EF3
£145K11/210.21 mi157, Moorland Road, Stoke-on-trent ST6 1JH3
£110K03/230.21 mi193, Moorland Road, Burslem, Stoke-on-trent ST6 1JH3
£55K10/230.24 mi25, Broadhurst Street, Stoke-on-trent ST6 1EX3
£110K02/230.25 mi165, Hamil Road, Stoke-on-trent ST6 1AP3
£97.5K03/230.26 mi31, Lorne Street, Stoke-on-trent ST6 1AR3
£90K10/210.28 mi2, Baddeley Street, Stoke-on-trent ST6 4EH3
£77K07/230.29 mi38, Nile Street, Stoke-on-trent ST6 2AF3
£105K10/210.29 mi50, Price Street, Stoke-on-trent ST6 4EN3
£80K12/200.3 mi56, Wade Street, Stoke-on-trent ST6 1HP3
£85.5K12/200.34 mi120, Leonard Street, Stoke-on-trent ST6 1HH3
£135K10/210.35 mi39, High Lane, Stoke-on-trent ST6 7DF3
£141K08/230.36 mi207, Moorland Road, Burslem, Stoke-on-trent ST6 1JW3
£98K10/210.36 mi28, Leigh Street, Stoke-on-trent ST6 1BE3
£114K08/230.36 mi4, Leigh Street, Stoke-on-trent ST6 1BE3
£162K05/230.37 mi195, High Lane, Stoke-on-trent ST6 7BS3
£168K02/230.39 mi22, Wilson Street, Stoke-on-trent ST6 1BQ3
£216K10/210.41 mi2, Inglefield Avenue, Stoke-on-trent ST6 7DA3
£173K03/230.41 mi14, Elaine Avenue, Stoke-on-trent ST6 7DD3
£160K01/210.42 mi10, Cynthia Grove, Stoke-on-trent ST6 1BZ3
£143K06/230.43 mi1, Bank Hall Road, Stoke-on-trent ST6 7DJ3
£78.5K12/210.43 mi2, Barber Street, Stoke-on-trent ST6 4EU3
£205K04/230.44 mi15, Shaftesbury Avenue, Stoke-on-trent ST6 1BW3
£178K05/230.46 mi14, Sytchmill Way, Stoke-on-trent ST6 4GA3
£77K03/210.47 mi82, Commercial Street, Stoke-on-trent ST6 3DB3
£107.5K05/230.47 mi88, Commercial Street, Stoke-on-trent ST6 3DB3
£115K02/210.48 mi16, Clyde Road, Stoke-on-trent ST6 3DJ3
£135K03/230.49 mi120, Bank Hall Road, Stoke-on-trent ST6 7DP3
£146K09/230.49 mi98, Bank Hall Road, Stoke-on-trent ST6 7DP3
£140K03/230.52 mi5, Alderley Rise, Stoke-on-trent ST6 3EN3
£87K04/210.52 mi41, Anna Walk, Stoke-on-trent ST6 3BX3
£111K03/210.53 mi19, Coseley Street, Stoke-on-trent ST6 1JU3
£130K03/230.54 mi26, Barnfield Road, Stoke-on-trent ST6 3DH3
£105K10/210.57 mi13, Blake Street, Stoke-on-trent ST6 4BE3
£170K09/230.58 mi137, Bank Hall Road, Stoke-on-trent ST6 7DT3
£147K06/230.58 mi10a, Riley Street South, Stoke-on-trent ST6 4BG3
£102K08/230.58 mi6, Coseley Street, Stoke-on-trent ST6 1JX3
£130K04/230.59 mi364, Hanley Road, Stoke-on-trent ST6 1RD3
£246K07/230.6 mi10, Riley Avenue, Stoke-on-trent ST6 7DU3
£225K06/230.6 mi14, Riley Avenue, Stoke-on-trent ST6 7DU3
£90K11/210.6 mi54, Murhall Street, Stoke-on-trent ST6 4BL3
£180K02/210.62 mi407, High Lane, Stoke-on-trent ST6 7AE3
£85.7K04/230.64 mi30, Coseley Street, Stoke-on-trent ST6 1LJ3
£100K08/230.64 mi46, Camp Road, Stoke-on-trent ST6 1LF3
£105K03/210.65 mi2, Gordon Avenue, Stoke-on-trent ST6 2LY3
£97.7K06/210.65 mi57, Sherwin Road, Stoke-on-trent ST6 7BQ3
£174.9K05/230.67 mi100, Westport Road, Stoke-on-trent ST6 4JF3
£86K01/210.67 mi1, Kirk Street, Stoke-on-trent ST6 1LG3
£107K05/210.67 mi28, Norris Road, Stoke-on-trent ST6 7AT3
£118K10/210.68 mi43, Norris Road, Stoke-on-trent ST6 7AS3

Local Rents

34 rents from £660/mo to £3.1K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,09509/240.17 mi-3
£99509/240.22 miPercy curnock drive, 3
£79502/240.28 mi-3
£97509/240.28 miChapel Lane, Stoke-on-Trent, Staffordshire, ST63
£72501/250.32 mi-3
£85009/240.35 miHigh Lane, Stoke-On-Trent, Staffordshire, ST6 7DF3
£66002/250.38 mi-3
£75012/240.4 mi-3
£1,10012/240.42 mi-3
£95003/250.42 mi-3
£95004/250.42 mi-3
£99512/240.44 mi-3
£1,10012/240.46 mi-3
£90001/250.46 mi-3
£95012/240.46 mi-3
£95012/240.46 mi-3
£1,29512/240.49 mi-3
£1,29512/240.49 mi-3
£1,07011/240.49 mi-3
£1,15012/240.49 mi-3
£1,09512/240.49 mi-3
£1,05012/240.49 mi-3
£1,15012/240.49 mi-3
£85001/250.5 mi-3
£85001/250.5 mi-3
£75012/240.52 mi-3
£70012/240.52 mi-3
£90003/250.55 mi-3
£79502/240.56 mi-3
£3,10012/240.57 mi-3
£2,50009/240.58 mi-3
£79502/250.58 mi-3
£1,40002/250.58 mi-3
£67509/240.6 miLord Street, Smallthorne, Stoke-on-Trent,3

Local Area Statistics

Population in ST6

64,608

Population in Stoke-on-Trent

347,755

Town centre distance

1.31 miles away

Nearest school

0.10 miles away

Nearest train station

1.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £60,000

March 28, 2025

Floor Plans

Description

  • For Sale by Modern Auction – T & C’s apply +
  • Subject to Reserve Price +
  • Buyers fees apply +
  • The Modern Method of Auction +
  • Large end-of-terrace property +
  • Three bedrooms +
  • Two spacious reception rooms +
  • Natural light large windows +
  • Open-plan layout to garden +
  • First-floor W/C +

For sale by modern auction, this large end-of-terrace property in need of renovation represents an exciting opportunity for investors and builders alike. The residence boasts a notable three bedrooms, two spacious reception rooms, and a single bathroom.

The bedrooms are well proportioned, with two double rooms and a single room. Each bedroom offers an array of possibilities for refurbishment to suit your individual needs. The bathroom presents a conventional white three-piece suite, providing a solid foundation for renovation.

The property's two reception rooms offer ample living space. The first reception room is flooded with natural light due to the large windows, adding a sense of depth and space to the room. In contrast, the second reception room offers an open-plan layout with access to a garden, offering a seamless transition between indoor and outdoor living, perfect for those who enjoy entertaining or simply relaxing in the tranquillity of their own garden.

Another unique feature of this property is the first-floor W/C, a rarity in many homes and a bonus for larger families or those with guests.

Located within close proximity to public transport links, local amenities, and nearby parks, this property offers not only potential for internal transformation but also a desirable location for convenience and leisure.

The property is classified as a Band A for council tax and has an EPC rating of D, reflective of its current condition and potential for improvement.

This property, ripe for refurbishment, is a great investment opportunity. The potential this home holds is truly immense, waiting for the right investor to unlock it.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QTU250134/2

Agent Details

Your Move, Tunstall

01782 493820

Next Steps?

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