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Holyhead Crescent, Weston Coyney, Stoke on Trent

West Midlands

£175,000
Listed on 12/03/2024

Property Details

Bedrooms
2
Type
Detached house

Description

This semi-detached bungalow presents a noteworthy opportunity for investors or those seeking a renovation project. With two bedrooms, the property offers a functional layout that includes a spacious lounge, a kitchen with dining area, and a bathroom. Although the home requires updating, its solid structure and established features provide an excellent foundation for modernization. Located conveniently near the A50 Stoke-Derby link road, this bungalow benefits from easy access to local amenities in Hanley and Longton, as well as the market towns of Uttoxeter and Leek. This prime location enhances its appeal for both personal residence and rental potential. The accommodation begins with an entrance hall leading into the lounge, which features a gas fire and ample natural light through a uPVC double-glazed window. The kitchen comes equipped with base and wall units along with space for appliances, presenting an opportunity to revamp this space according to personal taste. The two bedrooms are adequately sized, with fitted wardrobes in the master bedroom and additional storage possibilities throughout. The bathroom is fitted with essential fixtures including a panelled bath with over-bath shower. Externally, the property includes a driveway that provides off-road parking leading to a detached garage. The low-maintenance gardens at both front and rear offer potential for landscaping or outdoor improvements. Given that this property is offered with no onward chain, it facilitates a straightforward purchasing process. Whether looking to create your ideal living space or seeking an advantageous investment in a desirable area, this bungalow holds significant potential for future development or resale value enhancement.

Investment Analysis

(ST3 area)
Area Average
£212/sq ft
Avg Rent (weekly)
£196
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ST3)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 9.8%
5 year growth: 30.9%
Investment Disclaimer: Analysis based on ST3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Holyhead Crescent, Weston Coyney, Stoke on Trent
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE