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Lightwood Road, Stoke on Trent

West Midlands

£400,000

Listed on 13/06/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This bungalow, situated on a substantial 2.43-acre plot that includes former garden nursery land, represents a noteworthy opportunity for renovation and potential residential development. The property is set in a semi-rural locale, bordered by allotments and Florence Country Park, enhancing its appeal for future residential use. However, the existing structure exhibits significant structural issues, including severe cracking, which may render it unfinanceable through traditional mortgage routes. The land is heavily overgrown but retains former glasshouses and outbuildings from its nursery days, presenting possibilities for landscape restoration or redevelopment. Despite the current condition of the bungalow, there is evidence suggesting potential for residential development under local planning policies that may enable up to 22 new homes. Investors and developers should conduct thorough due diligence to explore both the renovation of the existing structure and the broader development opportunities this site may offer.

Investment Analysis

(ST3 area)
Area Average
£218/sq ft
Avg Rent (weekly)
£198
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (ST3)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +9.5%
5 year growth: +26.5%
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

Lightwood Road, Stoke on Trent
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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