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Richmond Terrace, Stoke On Trent

West Midlands

£70,000
Listed on 03/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
875 sqft

Description

This three-bedroom terraced house in Shelton, Staffordshire, presents a blank canvas for those looking to invest or create a tailored family residence. The property, which is being sold without any upward chain, is primed for modernization, allowing a new owner to imprint their personal style and maximize its potential. With two reception rooms that provide flexible living space suitable for both leisure and entertaining, the front room benefits from generous natural light through double-glazed windows. The adjoining second reception can serve as a dining area or home office. The galley kitchen requires updates but offers a practical layout designed to accommodate modern appliances and facilitate a functional cooking environment. Upstairs, the three well-sized bedrooms are ideal for family or student accommodation. The bathroom, while functional with its basic suite, also stands ready for an upgrade to improve both aesthetic appeal and practicality. The property is fully double glazed and equipped with gas central heating, enhancing energy efficiency. Situated near Staffordshire University, this location caters perfectly to students and professionals alike, with excellent access to public transport and local amenities. The ease of commuting combined with vibrant community offerings makes this property particularly attractive. Shelton is alive with local shops and cafes contributing to its inviting atmosphere. Nearby Victoria Park offers recreational green spaces ideal for outdoor activities. Cultural venues like the Stafford Gatehouse Theatre enrich the area's appeal with diverse performances throughout the year. This property stands out as an exceptional investment opportunity or first-time buy in a desirable area. With no upward chain facilitating swift transactions and ample renovation potential, it invites those looking to embark on their next project in this thriving West Midlands community.

Investment Analysis

(ST1 area)

Below Market Value

This property is priced -47.5% below area average per sq ft

-47.5%
Potential saving
This Property
£80/sq ft
Area Average
£152/sq ft
Avg Rent (weekly)
£174
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£146,685
10% above area average per sq ft
Potential ROI
+39.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
69%
Properties sold annually

Local Market Trend (ST1)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +10.7%
5 year growth: +19.0%
Investment Disclaimer: Analysis based on ST1 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

Richmond Terrace, Stoke On Trent
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£252
Based on a loan of £52,500 over 30 years at 4.06% 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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