3 Bed Terraced House, Single Let, Stoke-on-Trent, ST2 9BU, £85,000

Ruxley Road Stoke-On-Trent ST2 9BU - 22 views - 7 months ago

BTL
ROI: 15%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£66K - £238K
Sold Prices/m²£943/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£914/m²

Value Estimate

£110,700
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,900

Total Cash In

£25,150

 

 

Cash Out

 

Rent Range

£795 - £950

Rent Estimate

£795

Running Costs/mo

£445

Cashflow/mo

£350

Cashflow/yr

£4,205

ROI

17%

Gross Yield

11%

Local Sold Prices

50 sold prices from £66K to £238K, average is £137.3K. £943/m² to £2.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£172K06/230.04 mi32, Townsend Place, Stoke-on-trent ST2 9HX3
£133K10/230.04 mi30, Townsend Place, Stoke-on-trent ST2 9HX3
£105K12/200.04 mi22, Townsend Place, Stoke-on-trent ST2 9HX3
£192.5K04/210.05 mi9, Tansey Close, Stoke-on-trent ST2 9QX3
£168K05/210.06 mi3, Sorrel Close, Stoke-on-trent ST2 9QT3
£139K11/210.07 mi43, Marychurch Road, Stoke-on-trent ST2 9BJ3
£190K03/230.1 mi170, Ruxley Road, Stoke-on-trent ST2 9BS3
£158.5K11/200.11 mi64, Malthouse Road, Stoke-on-trent ST2 9HY3
£152K07/230.11 mi15, Willeton Street, Stoke-on-trent ST2 9JA3
£199K05/230.11 mi27, Willeton Street, Stoke-on-trent ST2 9JA3
£163K09/230.11 mi28, Willeton Street, Stoke-on-trent ST2 9JA3
£168K11/230.12 mi34, Piggott Grove, Stoke-on-trent ST2 9BZ3
£238K06/230.13 mi305, Ruxley Road, Stoke-on-trent ST2 9BG3
£180K04/210.15 mi120, Werrington Road, Stoke-on-trent ST2 9AJ3
£135K11/210.15 mi140, Werrington Road, Stoke-on-trent ST2 9AJ3
£135K07/210.15 mi106, Werrington Road, Stoke-on-trent ST2 9AJ3
£170K02/210.15 mi132, Werrington Road, Stoke-on-trent ST2 9AJ3
£122K11/230.16 mi18, Winston Place, Stoke-on-trent ST2 9AH3
£77K10/210.16 mi97, Ruxley Road, Stoke-on-trent ST2 9BT3
£83K11/200.18 mi25, Woolliscroft Road, Stoke-on-trent ST2 9HF3
£156K10/230.18 mi61, Wooliscroft Road, Stoke-on-trent ST2 9HF3
£202.5K10/230.2 mi105, Werrington Road, Stoke-on-trent ST2 9AQ3
£155K01/230.21 mi150, Ruxley Road, Stoke-on-trent ST2 9BU3
£96K10/200.22 mi94, Ruxley Road, Stoke-on-trent ST2 9BU3
£150K12/200.23 mi218, Dividy Road, Stoke-on-trent ST2 9JT3
£145K10/210.23 mi7, Causeley Gardens, Stoke-on-trent ST2 9HN3
£95K11/200.24 mi33, Corneville Road, Stoke-on-trent ST2 9HE3
£104K01/210.25 mi348, Ruxley Road, Stoke-on-trent ST2 9BA3
£132K02/230.25 mi24, Graham Street, Stoke-on-trent ST2 9DD3
£146.5K06/210.26 mi63, Ruxley Road, Stoke-on-trent ST2 9DQ3
£237K10/220.27 mi9, Central Avenue, Stoke-on-trent ST2 9AR3
£112K07/230.28 mi13, Robertville Road, Stoke-on-trent ST2 9HD3
£90K12/220.3 mi31, Theodore Road, Stoke-on-trent ST2 9HG3
£135.5K02/230.31 mi7, Arbourfield Drive, Stoke-on-trent ST2 9LJ3
£116K05/230.31 mi160, Newhouse Road, Stoke-on-trent ST2 8BN3
£117.5K11/200.33 mi21, Sundorne Place, Stoke-on-trent ST2 0JA3
£66K11/200.34 mi41, Chapel Street, Stoke-on-trent ST2 9AT3
£89K02/210.34 mi45, Chapel Street, Stoke-on-trent ST2 9AT3
£75K11/220.36 mi316, Werrington Road, Stoke-on-trent ST2 9AU3
£153K12/230.36 mi18, Mews Close, Stoke-on-trent ST2 9PA3
£90K11/200.38 mi76, Langford Road, Stoke-on-trent ST2 9HA3
£155K07/230.38 mi56, Brewester Road, Stoke-on-trent ST2 9JN3
£101.5K06/210.38 mi25, Aylesbury Road, Stoke-on-trent ST2 0LY3
£134.5K03/230.4 mi43, Debenham Crescent, Stoke-on-trent ST2 9PF3
£155K06/230.4 mi27, Debenham Crescent, Stoke-on-trent ST2 9PF3
£113K02/210.4 mi43, Debenham Crescent, Stoke-on-trent ST2 9PF3
£148K12/230.4 mi62, Debenham Crescent, Stoke-on-trent ST2 9PF3
£145K10/230.41 mi1, Millward Road, Stoke-on-trent ST2 9EX3
£80K06/210.41 mi13, Millward Road, Stoke-on-trent ST2 9EX3
£85K09/210.41 mi32, Maidstone Grove, Stoke-on-trent ST2 0JP3

Local Rents

25 rents from £795/mo to £950/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£92510/240.16 mi-3
£92510/240.16 mi-3
£92510/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£92511/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£92512/240.16 mi-3
£85009/240.16 miRuxley Road, Stoke-on-Trent, ST2 9BT3
£79509/240.19 mi-3
£90002/240.23 mi-3
£85003/250.3 mi-3
£85009/240.41 miAylesbury Road, Bentilee3
£89511/240.43 mi-3
£82504/250.48 mi-3
£95009/240.51 miGladwyn Street, Bucknall , Stoke-on-Trent3

Local Area Statistics

Population in ST2

34,047

Population in Stoke-on-Trent

347,755

Town centre distance

1.42 miles away

Nearest school

0.10 miles away

Nearest train station

1.88 miles away

 

 

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Price changed to £85,000

December 19, 2024

Listed for £90,000

August 30, 2024

Floor Plans

Description

  • With no upward chain +
  • Spacious rear garden +
  • Popular location of Bucknall +
  • Three bedrooms +
  • First floor bathroom +
  • End terrace property +

With no upward chain. An opportunity not to be missed, this three-bedroom end terrace in Bucknall won't be on the market for long. This is perfect BUY to LET investment with a potential yield of over 9%

Close to local schools, amenities, and the town centre, with easy access routes to the A500, Werrington Road, Dividy Road, and Leek Road, this substantial end terrace is perfect for first time buyers, next time buyers looking to upsize in a good catchment area, and investors who want a property that will give a great yield.

As you enter the property, you walk into the large living area - nearly 30ft long! Currently, it has two visible areas, the sitting area and the dining area, with the stair leading up to the first floor in the middle of the room, as is traditional for these terraces.

From the back of the room, there is access to the utility room and the kitchen. The utility currently houses the washing machine, with space for a dryer or extra fridge if needed. There is also access to the rear garden through the utility.

The kitchen is a large galley kitchen, with plenty of storage. From the kitchen there is another entrance way, which leads on to the rear garden. There is also a substantial storage cupboard here, perfect to convert into a pantry, or to store all your cleaning supplies! Further on from the entrance is the ground-floor bathroom. This is a four-piece suite, with a grand corner bathroom. It will need a little bit of TLC as the bathroom is currently not in use.

To the first floor there is a front, double bedroom, a second double bedroom in the middle of the floor, and a long landing leading onto the third smaller bedroom. This room would be ideal for a studio, study, office, or even a children's room. The first-floor bathroom is just off from the bedroom, and consists of a three-piece suite.

Outside, there is a rear garden, which is spacious and low-maintenance. At the far end of the garden, there is a shed, and there is an old coal-house store attached to the end of the property. So plenty of space to store all your outdoor goods!

Agent Details

Butters John Bee, Hanley

01782 493723

Next Steps?

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