2-bedroom house · ST6 4HP
Listing removedReduced £2k (−3.6%) on 20 AugListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom mid-terraced house presents an excellent investment opportunity, offered for sale via modern auction with tenants in situ currently paying £600 per calendar month (making it an appealing choice for landlords seeking immediate rental income).
The property requires interior works, providing scope for improvement and personalisation, and is ideally suited to buyers looking to add value.
Upon entering the house, you are welcomed by two generously proportioned reception rooms, offering flexible living and dining arrangements to suit a variety of lifestyles or tenant requirements.
The kitchen is positioned to the rear of the property and, while functional, would benefit from updating to enhance both practicality and aesthetic appeal.
Upstairs, you will find two spacious double bedrooms, both offering ample space for bedroom furniture and storage solutions, making them attractive to sharers or families.
The bathroom, located on the first floor, is of a good size and, like the rest of the house, could be modernised to increase the property’s overall value and appeal.
The layout is practical and well-suited to the needs of professional tenants, couples, or small families, with the two reception rooms allowing for dedicated spaces for relaxation, dining, or working from home.
The property’s current tenants provide a steady income stream from day one (ideal for investors not wishing to endure a void period), and with some refurbishment, there is potential to increase the rental yield further.
This mid-terraced home is situated in a well-established residential area, benefiting from local amenities and excellent transport links, which enhance its attractiveness to both current and future tenants.
The property is being sold with no onward chain, streamlining the purchase process for buyers.
Whether you are a seasoned investor seeking to expand your portfolio or a first-time landlord looking for a property with immediate income and future potential, this two bedroom terraced house offers a compelling proposition.
Early viewing is highly recommended to fully appreciate the accommodation on offer and the opportunity for enhancement.
Please note that this property is offered via modern auction, which is a transparent and secure method of sale (details available upon request), and that interior works are required to bring the property to its full potential.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
EPC Rating: D Sitting Room (3.40m x 3.13m) Lounge (3.28m x 3.15m) Kitchen (3.34m x 1.73m) Bathroom (2.14m x 1.70m) Bedroom One (3.42m x 3.19m) Bedroom Two (3.23m x 3.32m)
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 27 Evans Street, Stoke-On-Trent
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