2 Bed Flat, Single Let, Bredbury, SK6 6AL, £165,000

Station Road, Marple, Stockport, SK6 6AL - a year ago

Leasehold
BTL
ROI: 4%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£75K - £350K
Sold Prices/m²£1.3K/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£188,010
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£850 - £1,650

Rent Estimate

£850

Running Costs/mo

£706

Cashflow/mo

£144

Cashflow/yr

£1,733

ROI

4%

Gross Yield

6%

Local Sold Prices

41 sold prices from £75K to £350K, average is £132K. £1.3K/m² to £5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£255K11/210.67 mi11, West Towers Mews, Marple, Stockport, Greater Manchester SK6 7GR2
£182K06/231.29 miApartment 9, Chelford House, Offerton Road, Stockport, Greater Manchester SK2 5GE2
£230K05/221.29 miApartment 12, Chelford House, Offerton Road, Stockport, Greater Manchester SK2 5GE2
£233K05/211.33 mi11, Redbrow Hollow, Compstall, Stockport, Greater Manchester SK6 5GF2
£125K03/211.4 mi31a, Oak Avenue, Romiley, Stockport, Greater Manchester SK6 4DN2
£101K05/231.66 miFlat 12, New Acre Court, Metcalfe Drive, Romiley, Stockport, Greater Manchester SK6 3BJ2
£117K04/231.66 miFlat 4, New Acre Court, Metcalfe Drive, Romiley, Stockport, Greater Manchester SK6 3BJ2
£111.5K11/201.68 mi42, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH2
£139.9K10/211.68 mi52, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH2
£250K06/211.73 mi50, Poise Brook Road, Stockport, Greater Manchester SK2 5JF2
£255K11/201.76 mi4, Highcroft Road, Romiley, Stockport, Greater Manchester SK6 4PS2
£210K02/211.81 mi38, Kingfisher Road, Stockport, Greater Manchester SK2 5JR2
£75K06/211.99 mi46, Cooper Street, Hazel Grove, Stockport, Greater Manchester SK7 4LA2
£138.5K07/211.99 mi92, Cooper Street, Hazel Grove, Stockport, Greater Manchester SK7 4LA2
£140K08/211.99 mi20, Cooper Street, Hazel Grove, Stockport, Greater Manchester SK7 4LA2
£75K11/211.99 mi44, Cooper Street, Hazel Grove, Stockport, Greater Manchester SK7 4LA2
£222.5K11/221.99 miFlat 4a, Harrytown Hall, Harrytown, Romiley, Stockport, Greater Manchester SK6 3BT2
£110K09/212.13 mi19, Penney Brook Fold, Hazel Grove, Stockport, Greater Manchester SK7 4LU2
£277.5K02/212.18 mi47, Cambridge Drive, Woodley, Stockport, Greater Manchester SK6 1HZ2
£350K03/212.2 mi27, Thornway, High Lane, Stockport, Greater Manchester SK6 8EL2
£162.5K05/232.28 mi23, Carlton Place, Hazel Grove, Stockport, Greater Manchester SK7 6AG2
£131.3K11/222.35 mi9, Bosden Hall Road, Hazel Grove, Stockport, Greater Manchester SK7 4JJ2
£160K03/232.39 mi11, Dunvegan Road, Hazel Grove, Stockport, Greater Manchester SK7 6BB2
£130K12/202.39 mi23, Dunvegan Road, Hazel Grove, Stockport, Greater Manchester SK7 6BB2
£142.5K10/222.41 mi43, Oldham Drive, Bredbury, Stockport, Greater Manchester SK6 1HD2
£100K02/212.41 mi17, Penny Brook Fold, Hazel Grove, Stockport, Greater Manchester SK7 4LU2
£120K02/212.44 mi7, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£100K12/202.44 mi4, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£120K04/212.44 mi2, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£132K01/232.51 miFlat 20, Springbank Court, Manor Road, Woodley, Stockport, Greater Manchester SK6 1RW2
£136K05/212.6 mi8, Moreton Lane, Stockport, Greater Manchester SK2 5SW2
£80K04/212.62 mi67, Mill Lane, Woodley, Stockport, Greater Manchester SK6 1QJ2
£210K11/202.7 mi23, Birchall Green, Woodley, Stockport, Greater Manchester SK6 1RZ2
£92K03/212.81 mi6, Ash Close, Stockport, Greater Manchester SK2 7QR2
£75K04/212.89 mi5, Mellor View, Disley, Stockport, Cheshire East SK12 2AX2
£155K05/222.9 miFlat 20, Manston Lodge, Hampstead Drive, Stockport, Greater Manchester SK2 7QL2
£95K02/232.92 miFlat 2, The Orchard, Buxton Road, Disley, Stockport, Cheshire East SK12 2EY2
£100K02/232.93 miFlat 6, The Orchard, Buxton Road, Disley, Stockport, Cheshire East SK12 2EY2
£300K06/212.95 mi19a, Offerton Lane, Stockport, Greater Manchester SK2 5AA2
£125K02/212.97 mi118a, Lowndes Lane, Stockport, Greater Manchester SK2 6DH2
£120K06/212.99 mi62, Marsland Terrace, Stockport, Greater Manchester SK1 4PZ2

Local Rents

23 rents from £850/mo to £1.6K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,05012/240.08 mi Stockport Road, Marple, Stockport, Cheshire, SK62
£1,10003/240.1 mi-2
£1,15009/240.1 mi-2
£85012/240.12 miStockport Road, Marple, Stockport, SK62
£89512/240.12 miChurch Lane, Stockport, Greater Manchester, SK62
£97512/240.13 miFlat 2, 153 Stockport Road, Marple, Greater Manchester, SK62
£97512/240.13 miFlat 4, 153 Stockport Road, Marple, Greater Manchester, SK62
£1,20011/230.16 mi Bank Apartments, 53 Stockport Road, Marple, Stockport, SK62
£97512/240.17 miStockport Road, Marple, Stockport, SK62
£1,20004/250.18 mi-2
£1,10008/240.19 miStockport Road, Stockport, SK6 6DN2
£1,00004/240.19 mi-2
£1,20009/240.23 mi-2
£1,25009/240.23 mi-2
£95012/240.23 miMarket Street, Stockport2
£95008/240.25 miQueen Street, Marple. Stockport, SK6 6BQ2
£95011/230.28 mi-2
£1,20004/250.28 mi-2
£85001/250.29 mi-2
£1,25011/230.35 mi-2
£97001/250.35 mi-2
£99508/240.35 miWindsor Drive, Marple, Stockport, Cheshire, SK62
£1,65012/240.37 miKinder Drive, Marple, Stockport, SK62

Local Area Statistics

Population in SK6

50,689

Town centre distance

2.89 miles away

Nearest school

0.30 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £165,000

November 9, 2023

Floor Plans

Description

  • Two bedroom ground floor apartment +
  • Greta location close to shops and transport links +
  • Garage and parking +
  • Kitchen diner +
  • No chain +

Situated in a fantastic location close to the centre of Marple and walking distance to Marple train station. This ground floor two bedroom apartment would be ideal for a wide range of buyers, including first time buyers and residents who want to live all on one level. The property comes with a garage and parking to the rear.

The well planned internal accommodation comprises: communal hallway with security intercom, private hallway with storage cupboard, lounge, kitchen diner, two double bedrooms and bathroom with white suite.

Call now to arrange a viewing, No chain

N.B The sale is subject to probate being granted.

Agent Details

Julian Wadden, Marple

0161 524 3443

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪