21 Lovatt Street, Stoke-On-Trent, Staffordshire ST4 7RW

Description

A two bedroom terrace house close to excellent local amenities and transport links. The property has plenty of potential to add value and become an excellent investment.

Accommodation

Two reception rooms, kitchen with ample workspace through to the bathroom, two double bedrooms and an enclosed rear yard.

Location

Located in Stoke town centre, less than 50m from the high street and local major amenities including a Sainsburys supermarket. Staffordshire University and Royal Stoke Hospital are both less than a mile away. Stoke-on-Trent Railway Station is 0.6 miles away, and the arterial A500 is within 500m, providing wider connectivity to the M6 Motorway.

Investment Analysis

Five supplied same-street sold comparables range from £55,000 to £65,000. The two most recent are £63,000 in November 2024 and £59,500 in September 2025. A base GDV of £63,000 is used, with a supported range of £59,500–£65,000. The £75,000 guide is above every supplied comparable before the buyer premium, which is £6,000 at the guide because the 4.8% fee is subject to a £6,000 minimum.

Investment Snapshot

Strategy Recommendation

Do not bid at or near the £75,000 guide on the supplied evidence. Consider only after confirming condition, tenure, legal matters and achievable rent, with a materially lower purchase price supported by the sold comparables.

Works Required

No specific defects or required works are supplied. A viewing and survey are needed to establish whether any refurbishment is required; the description only states that the property has potential to add value.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the guide, the £6,000 minimum buyer premium produces a purchase cost of at least £81,000 before works and other costs. A 75% refinance of the £63,000 base GDV would be approximately £47,250. Because works, full project costs and finance costs are unsupported, the cash left in and BRRR viability cannot be reliably calculated.

Buy-to-Let Analysis

The supplied advertised asking rent is £740 pcm, equivalent to £8,880 annually. Against the £75,000 guide, the headline gross yield is 11.84%; this excludes the £6,000 minimum buyer premium, works, finance, tax and other costs. The rent is an asking figure rather than achieved or passing rent, so sustainable net returns cannot be confirmed.

Flip Analysis

The £75,000 guide already exceeds the £63,000 base GDV and the entire supplied sold-comparable range. After the £6,000 minimum buyer premium, the project is above the base GDV before works, selling costs and finance. A reliable flip surplus cannot be established and the evidence does not support a flip at the guide.

Investor Risks & Due Diligence

• The £75,000 guide exceeds all five supplied same-street sold comparables.

• The £6,000 minimum buyer premium applies at the guide, before any other costs.

• Property condition and refurbishment requirements are not provided.

• The £740 pcm figure is an advertised asking rent, not an achieved or passing rent.

• Tenure, EPC, council tax, heating, parking and occupancy information are unavailable.

• Additional fees may be included in the Special Conditions of Sale, which have not been supplied.

Recommendation

Do not bid at or near the £75,000 guide on the supplied evidence. Consider only after confirming condition, tenure, legal matters and achievable rent, with a materially lower purchase price supported by the sold comparables.

Strategy Rating

Analysis Confidence

There are several same-street completed sales and one rental asking figure, but condition, tenure, EPC, legal information, works costs and achieved rent are unavailable.