If you’re a first time buyer, or looking to invest in a renovation project, then here are four Cobridge properties to take a look at.
All of the terraced homes are under £58,000, well below the area’s average house price.
In 2020, the average house price in Cobridge was £85,979, the majority of which were terraced, selling for around £84,892.
Semi-detached properties sold for an average of £97,000, with flats fetching £88,000.
Overall, sold prices in Cobridge over the last year were similar to the previous year and 12% down on the 2018 peak of £97,425.
But, if you have £217,500 lying around – you could buy all four of these properties on Hillary Street!
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This two-bed terraced is on the market for £50,000, having first been listed in April 2018 for £59,000.
The price was reduced in 2019, but is yet to find a buyer. It was last sold in October 2005 for just £45,000.
The house has one bathroom, central heating, double glazing and on-street parking.
Easy Move Property Agents, selling the house, said: “We are pleased to offer for sale this mid terrace, two bed house in the Cobridge area of Stoke-on-Trent.
“The property has two separate reception rooms, meaning one could be used for a third bedroom. This is ideal for a first time buyer or investor.
“It is close to all local amenities including the town centre, bus station and large retail outlet. Including double glazing throughout and has full gas central heating. If you are interested in this property and would like a viewing please get in touch.”
Also boasting two bedrooms, a bathroom, central heating and double glazing is this property, on the market for £5,000 more than the terraced house above.
It has a private garden, on-street parking, and is close to the city centre. It last sold in 2004 for £40,000.
Easy Move Property Agents said: “Attention Investors! Easy move property agents are pleased to offer this below market value property for sale in Cobridge. There is street parking at the front of the property.
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“On the ground floor the property consists of reception room, kitchen, downstairs bathroom and garden at the rear of the property. On the first floor the property consists of 2 spacious bedrooms both with fitted carpet.
“There is GCH and dg throughout the property. The property is currently tenanted and generates £400.00pcm and can achieve higher.
“Where the property is situated has great access to the city, close to all local amenities, local schools and local doctors.”
Also priced at £55,000 is a very similar property, which generates £425 per month in rent by the current tennents.
The two-bedroom terrace has a bathroom, private garden, on-street parking, as well as central heating and double glazing. It last sold in March 2008 for £69,500.
Easy Move Property Agents said: “An excellent opportunity for investors to add to their portfolio! A property with lots of potential. Easy move property agents are pleased to welcome to the market this two-bedroom terrace house for sale in Cobridge.
“We have this two-bedroom terraced property with tenants which currently generates £425.00pm and can achieve more. The property consists of a reception room, kitchen, downstairs bathroom to the ground floor along with two spacious bedrooms on the first floor.
“Externally to the property is a low maintenance garden. There is street parking at the front of the property. The property also consists of GCH and dg throughout.
“Where the property is situated has great access to the city, close to all local amenities, local bus route, local schools and local doctors.”
This is the more expensive of the terraces for sale on Hillary Street, but still well below the average house price for the area.
The house has two bedrooms and two reception rooms – one of which could be a third bedroom.
It also has a bathroom, central heating and double glazing, last selling in 2004 for £45,000.
Easy Move Property Agents said: “The property has two double bedrooms, two reception rooms ( one of which could be used as a third bedroom), kitchen, bathroom and a rear yard. The property has double glazing and gas central heating.
“It is also close to local schools and shops and is an ideal opportunity for investors!”