Sold subject to contract

Guide price

£52,000

2 bed terraced house for sale
Mynors Street, Stoke-On-Trent ST1

    • 2 beds

    • 1 bath

    • 2 receptions

  • Auction
  • Freehold

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About this property

    For Sale via modern auction through Town and Country Property Auctions 23/09/2026
    Description
    The property offers approximately 80sqm of accommodation arranged over two floors and comprises two reception rooms, kitchen, bathroom and two bedrooms.

    Whilst the property would benefit from modernisation and refurbishment, the existing layout provides a straightforward opportunity to create a well-presented two-bedroom home suitable for either the rental or resale market.
    Investment highlights


    * Refurbishment/value-add opportunity
    * Current local rental evidence of approximately £750–£800 pcm
    * Potential gross annual rental income of approximately £9,000–£9,600
    * Recent sales on Mynors Street approaching and exceeding £100,000
    * Suitable for Buy-to-Let, brrr or refurbishment and resale
    * Attractive low-entry investment opportunity
    The investment opportunity


    28 Mynors Street presents an interesting proposition for investors seeking a property where value can potentially be added through refurbishment.

    Recent sales on Mynors Street include properties achieving £99,000, £100,000 and £117,500.

    For investment appraisal purposes, an indicative post-refurbishment value in the region of £95,000–£100,000 could be considered, subject to the condition of the property, the quality of works undertaken and prevailing market conditions.

    An indicative refurbishment budget of £15,000–£20,000 could also be used for initial appraisal purposes, although buyers should undertake their own inspection and obtain independent quotations before bidding.
    Rental potential


    The property also offers an attractive Buy-to-Let proposition.

    Current rental evidence in the immediate area, including Mynors Street, indicates potential rental income in the region of £750–£800 pcm, subject to the property's finished condition and the prevailing rental market at the time of letting.

    This equates to potential gross annual rental income of approximately:

    £9,000–£9,600 per annum
    Location


    Mynors Street is situated within an established residential area of Stoke-on-Trent, close to Hanley and its extensive range of shops, amenities, employment opportunities and transport links.

    The surrounding area provides a broad range of traditional terraced housing and established rental accommodation, making this an area worthy of consideration for landlords seeking affordable investment stock.
    Summary


    28 Mynors Street represents an attractive low-entry investment opportunity with scope to add value through refurbishment.

    With a guide price starting at £52,000, established local rental demand and evidence of significantly higher sales values on the same street, the property offers investors the opportunity to create their own investment strategy rather than simply purchasing a finished property at full market value.

    Guide Price: £52,000–£72,000

    Potential Rent: £750–£800 pcm

    Potential Gross Annual Rent: £9,000–£9,600

    Indicative Refurbishment: £15,000–£20,000

    Indicative End Value: £95,000–£100,000

    Potential Strategies: Btl | brrr | Refurbish & Resell

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    • Tenure

      Freehold

    • Council tax band

      A

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    Property descriptions and related information displayed on this page are marketing materials provided by - Stoke Property Shop. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Stoke Property Shop for full details and further information.