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Newford Crescent, Milton, Stoke-on-Trent, Staffordshire, ST2

West Midlands

£55,000
Listed on 26/03/2025

Property Details

Bedrooms
2
Type
Flat
Area
569 sqft

Description

This two-bedroom maisonette offers a prime opportunity for those interested in renovation and investment. Located in the desirable area of Milton, the property is surrounded by green spaces and local parks, catering to residents who appreciate outdoor leisure activities. The maisonette is positioned on the first floor of a well-maintained building, providing a peaceful living environment while maintaining convenient access to nearby amenities. While the interior requires updating, this presents a blank canvas for potential buyers—whether you’re a first-time homeowner eager to personalize your space or an investor looking for a project with promise. The layout includes two spacious double bedrooms, each offering ample natural light, along with a reception room that can serve as both living and entertaining space. The single bathroom features a traditional three-piece suite with a shower over the bath, while the kitchen area allows for creative redesign. Each room awaits your vision and style. A noteworthy aspect of this property is the included rear garden, which provides an outdoor retreat ideal for relaxation or gatherings during warmer months. With an energy performance certificate rating of 'C', it reflects reasonable energy efficiency, contributing positively to potential running costs. Additionally, being classified within Council Tax Band 'A' enhances its affordability compared to similar properties in the region. This maisonette stands out not just for its location and features but also as an excellent investment opportunity that invites renovation and personal touch. Whether you are embarking on your first property journey or adding to your portfolio, this home presents significant potential for growth in value with thoughtful improvements.

Investment Analysis

(ST2 area)

Below Market Value

This property is priced -48.9% below area average per sq ft

-48.9%
Potential saving
This Property
£97/sq ft
Area Average
£189/sq ft
Avg Rent (weekly)
£196
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£118,483
10% above area average per sq ft
Potential ROI
+39.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (ST2)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 3.8%
5 year growth: 23.8%
Investment Disclaimer: Analysis based on ST2 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

Newford Crescent, Milton, Stoke-on-Trent, Staffordshire, ST2
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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
£201
Based on a loan of £41,250 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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