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Evans Street, Stoke-On-Trent, ST6

West Midlands

£55,000Guide Price

Listed on 29/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
861 sqft

Description

This two-bedroom mid-terraced house offers a promising opportunity for investors and first-time landlords. Currently tenanted, this property generates a rental income of £600 per month, providing immediate cash flow for potential buyers. The interior, while functional, requires renovation to maximize its value and appeal, making it ideal for those looking to enhance their investment. Upon entry, you will find two spacious reception rooms that can be adapted to suit various living or dining arrangements—perfect for attracting different types of tenants. The kitchen, located at the rear, is practical but could significantly benefit from modernization to improve both utility and visual appeal. Upstairs, there are two well-sized double bedrooms that provide ample space for furniture and storage, catering well to families or shared living situations. The bathroom is sizeable but also presents an opportunity for renovation to uplift the property's overall standard and attractiveness. The layout supports versatile living options that are desirable in this residential area, which boasts good local amenities and transport links. With minor upgrades throughout the home, an investor could easily increase the rental yield over time. This property is sold with no onward chain and through a modern auction method, simplifying the purchase process while ensuring transparency in transactions.

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Investment analysis

(ST6 area)

Below Market Value

This property is priced -61.5% below area average per sq ft

-61.5%
Potential saving
This Property
£64/sq ft
Area Average
£166/sq ft
Avg Rent (weekly)
£179
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£157,171
10% above area average per sq ft
Potential ROI
+109.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (ST6)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +7.3%
5 year growth: +20.5%
Investment Disclaimer: Analysis based on ST6 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

Evans Street, Stoke-On-Trent, ST6
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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
£208
Based on a loan of £41,250 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

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