14 Pullman Court, Cheadle, Stoke-On-Trent, Staffordshire

Description

This purpose built first floor maisonette has uPVC double glazing throughout and offers spacious accommodation ideally suited to an investor.

Accommodation

Entrance Hall with stairs off to Landing with access to Lounge 3.5m x 4.3m, Kitchen 3m x 1.8m, Bedroom One (rear) 3.4m x 3m, Bedroom Two (front) 3.3m x 2m, Wet Room.

Location

Situated in a quiet cul-de-sac in a sought after area, convenient for local amenities of Cheadle town centre.

Tenure / Property Information

Tenure	Leasehold
EPC	Current Rating D
Services	Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Investment Analysis

Completed Land Registry sales within Pullman Court range from £75,000 to £110,000 in 2025, with two sales at £75,000 and £80,000 and one at £110,000. The 2022 sale at £48,000 provides older lower evidence. A base GDV of £80,000 is supported by the most recent £80,000 sale, with £75,000 as a low case and £110,000 as a high case, subject to differences in condition, lease terms and specification that are not supplied.

Investment Snapshot

Guide Price	£50,000 - £60,000 (plus fees)
HB Estimated GDV	£80,000

Strategy Recommendation

Do not underwrite a BTL, BRRR or flip strategy until the legal pack, lease, condition, rent evidence and all completion costs are verified. The guide appears materially below the supplied comparable sales, but the evidence is insufficient to set a defensible maximum bid.

Works Required

No specific refurbishment works are evidenced. The property is described as having uPVC double glazing and an EPC rating of D. Confirm condition, statutory compliance and any required works through inspection and the legal pack before bidding.

Rental & Market Context

No sufficiently specific external rental comparable identified.

Sold Comparables

The following completed sales were identified within approximately 5 miles:

7, Pullman Court, Cheadle, Stoke-On-Trent, Staffordshire Moorlands, St10 1xz 2025-12-12 · Flat/Maisonette · Leasehold	£110,000
15, Pullman Court, Cheadle, Stoke-On-Trent, Staffordshire Moorlands, St10 1xz 2025-09-30 · Flat/Maisonette · Leasehold	£80,000
12, Pullman Court, Cheadle, Stoke-On-Trent, Staffordshire Moorlands, St10 1xz 2025-08-01 · Flat/Maisonette · Leasehold	£75,000
2, Pullman Court, Cheadle, Stoke-On-Trent, Staffordshire Moorlands, St10 1xz 2022-03-28 · Flat/Maisonette · Leasehold	£48,000
7, Pullman Court, Cheadle, Stoke-On-Trent, Staffordshire Moorlands, St10 1xz 2017-09-01 · Flat/Maisonette · Leasehold	£88,000

Potential BRRR Position

Base GDV	£80,000
75% Refinance	£60,000

A base GDV of £80,000 implies a theoretical 75% refinance amount of £60,000. A BRRR assessment cannot be completed because the purchase price selected, refurbishment cost, lease terms, rent and other acquisition or finance costs are not sufficiently evidenced.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Lease details, occupancy, service charges and other ownership costs are also unavailable. The 2% plus VAT buyer premium is subject to a £3,000 minimum including VAT, with a £2,040 administration charge, and further disbursements may apply.

Flip Analysis

The completed sales support a potential resale range of £75,000 to £110,000, with £80,000 as the base evidence point. A flip surplus cannot be calculated because no purchase price, refurbishment allowance, selling costs or complete legal-cost information is available.

Investor Risks & Due Diligence

• No lease length, service charge, ground rent or other lease information supplied.

• No supported rental evidence, so rental yield and cash flow cannot be assessed.

• Buyer premium, administration charge and potentially payable legal, search, transfer and seller-cost disbursements increase total cost.

• Condition, compliance and required works are not evidenced beyond the brief description and EPC rating D.

• Same-court sale prices vary materially from £75,000 to £110,000, indicating valuation uncertainty.

Recommendation

Do not underwrite a BTL, BRRR or flip strategy until the legal pack, lease, condition, rent evidence and all completion costs are verified. The guide appears materially below the supplied comparable sales, but the evidence is insufficient to set a defensible maximum bid.

Strategy Rating

HB Rating

★★★☆☆

Analysis Confidence

Confidence

Medium

There are several recent completed sales in the same court, but condition, lease terms, rent, occupancy and full acquisition costs are missing.