2 Bed Flat, Single Let, Stockport, SK4 5BP, £195,000

Wellington Road North, Heaton Chapel, Stockport, SK4 5BP - 1 views - a year ago

Leasehold
BTL
ROI: 1%
~68 m²
+4 photos

ValuationFair Value

Sold Prices£44.6K - £350K
Sold Prices/m²£697/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£197,799

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Total Cash In

£55,800

 

 

Cash Out

 

Rent Range

£650 - £1,400

Rent Estimate

£870

Running Costs/mo

£803

Cashflow/mo

£67

Cashflow/yr

£800

ROI

1%

Gross Yield

5%

Local Sold Prices

38 sold prices from £44.6K to £350K, average is £192.5K. £697/m² to £4.9K/m², average is £3.1K/m².

Price
Date
Distance
Address
Beds
 
£180K10/240.02 mi277 Regent Court, Flat 8, Wellington Road North, Heaton Chapel, Stockport SK4 5BP2
£250K03/250.2 miBrownsville Court, 4, Brownsville Road, Heaton Moor, Stockport SK4 4PE2
£243K02/250.22 miHeaton Gardens, Flat 8, Heaton Moor Road, Heaton Moor, Stockport SK4 4LT2
£210K12/240.26 mi35 Tatton Court, 70, Derby Road, Heaton Moor, Stockport SK4 4NL2
£242K12/240.26 mi18, Flat 3, Elms Road, Heaton Moor, Stockport SK4 4PJ2
£195K11/240.35 miAdlington House, 28, Nelstrop Road, Heaton Chapel, Stockport SK4 5LT2
£200K02/250.35 miAdlington House, 49, Nelstrop Road, Heaton Chapel, Stockport SK4 5LT2
£250K04/250.36 mi8, 45 47 Lea Court, Heaton Moor Road, Heaton Moor, Stockport SK4 4PZ2
£205K03/210.37 miFlat 4, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£200K03/210.37 miFlat 12, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£210K03/250.41 miFlat 3, 89 91, Heaton Road, Heaton Norris, Stockport SK4 4JH2
£190K04/250.43 miFirst Floor, 230a, Manchester Road, Heaton Norris, Stockport SK4 1NN2
£250K03/250.49 miFlat 4, 65 Willowmead Court, Heaton Moor Road, Heaton Moor, Stockport SK4 4JY2
£215K01/250.51 mi128 Heaton Court, 23, Heaton Moor Road, Heaton Moor, Stockport SK4 4RX2
£155K03/210.52 miFlat 9, Church Manor, Stanley Road, Stockport, Greater Manchester SK4 4HL2
£199.9K01/250.52 miChurch Manor, 15, Stanley Road, Heaton Moor, Stockport SK4 4HL2
£180K02/250.64 mi27 Ash Court, Flat 1, Hooley Range, Heaton Moor, Stockport SK4 4HU2
£210K02/250.69 miThe Hollies, 12, Clifton Road, Heaton Moor, Stockport SK4 4DD2
£166K11/240.7 mi200f, Green Lane, Heaton Norris, Stockport SK4 2NF2
£217K01/250.73 mi63h, Green Lane, Heaton Norris, Stockport SK4 3LH2
£130K04/210.73 mi35, Tarvin Avenue, Stockport, Greater Manchester SK4 5LG2
£187K09/210.74 mi9, Clifton Court, Stockport, Greater Manchester SK4 4DB2
£290K06/210.74 mi28, Colchester Place, Stockport, Greater Manchester SK4 2NY2
£350K04/250.75 mi28, Colchester Place, Heaton Norris, Stockport SK4 2NY2
£160K10/240.75 mi39, Tarvin Avenue, Heaton Chapel, Stockport SK4 5LG2
£165K12/240.75 mi41, Tarvin Avenue, Heaton Chapel, Stockport SK4 5LG2
£130K08/210.76 mi40, Stitch Lane, Stockport, Greater Manchester SK4 2LS2
£70K02/250.8 mi91b, Upper, Broadstone Road, North Reddish, Stockport SK5 7AS2
£133.5K07/240.8 mi68, Sandy Lane, South Reddish, Stockport SK5 7NZ2
£144K10/210.81 mi36e, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£184.9K05/230.81 mi56g, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£167.5K05/210.81 mi56f, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£197K05/230.81 miFlat 307, Houldsworth Mill, Waterhouse Way, Reddish, Stockport, Greater Manchester SK5 6DD2
£160K10/240.82 miHouldsworth Mill, Flat 412, Waterhouse Way, North Reddish, Stockport SK5 6DD2
£177.5K01/230.92 mi49g, Crescent Park, Stockport, Greater Manchester SK4 2JD2
£285K04/210.93 mi8, March Avenue, Stockport, Greater Manchester SK4 2LB2
£44.6K03/250.97 mi9, Alston Gardens, Manchester M19 1DW2
£138K03/230.99 mi37, Broomfield Drive, Stockport, Greater Manchester SK5 7DR2

Local Rents

50 rents from £650/mo to £1.4K/mo, average is £1.1K/mo.

Rent
Date
Distance
Address
Beds
 
£90008/250.02 miHeaton Moor Road, Stockport2
£90008/240.02 miHeaton Moor Road, Stockport2
£87509/240.03 miWellington Road North, Heaton Chapel2
£90007/250.06 miHeaton Moor Road, Stockport2
£1,39507/250.07 miHeaton Moor Road, Stockport, SK42
£1,29501/250.07 mi-2
£1,24508/240.07 mi-2
£1,39508/250.07 mi-2
£89508/240.08 miHeaton Moor Road, Stockport, Greater Manchester, SK42
£1,20007/250.08 miRoseleigh Court, 11-13 Heaton Moor Road, Heaton Moor, Stockport, SK42
£1,20003/250.09 mi-2
£72508/250.1 miHeaton Gardens, Heaton Moor, Stockport2
£1,20007/250.1 miBrook House Manchester Road, Heaton Chapel, Stockport2
£1,25009/240.11 miWestacre house, Stockport, SK42
£1,29507/250.11 miWestacre House, Stockport, SK42
£1,35009/240.11 mi-2
£1,25008/240.11 mi-2
£1,29507/250.11 mi-2
£95009/240.12 miManchester Road, Heaton Norris, Stockport, Greater Manchester, SK42
£1,10008/250.12 miHeather Court, Heaton Chapel, Stockport, SK4 5BU.2
£1,10008/250.12 miHeather Court, Victoria Grove, Heaton Chapel, Stockport, SK42
£89508/240.12 miSchool Lane, Stockport, Cheshire, SK42
£1,20011/070.13 miSchool Lane,Heaton Chapel,Stockport,SK42
£90006/250.13 miSchool Lane, Heaton Chapel, Stockport, SK42
£1,20008/240.15 mi-2
£1,25001/250.15 mi-2
£1,27507/240.16 mi-2
£1,29502/250.16 mi-2
£89508/250.19 miThe Cedars, Cedar Grove, Heaton Moor, Stockport, SK42
£70007/250.19 miWellington Road North, Stockport, Cheshire, SK42
£65007/250.19 miWellington Road North, Stockport2
£87508/250.19 miWellington Road North, Stockport2
£1,09508/240.19 miHeaton Gardens, Heaton Moor, Stockport, Manchester, SK42
£1,40007/250.19 miGrange Avenue, Heaton Chapel, Stockport, SK4 5HF2
£1,25008/240.22 mi-2
£1,35008/240.22 mi-2
£1,27512/240.22 mi-2
£85007/250.22 miHeaton Gardens, Heaton Moor, Stockport2
£1,20008/240.23 miHeritage Gardens, Heaton Moor Road, Heaton Moor2
£1,15006/250.23 miHeritage Gardens, 40 Heaton Moor Road, Heaton Moor, Stockport, SK42
£1,15007/250.23 miHeritage Gardens, 40 Heaton Moor Road, Heaton Moor, Stockport, SK42
£87507/250.23 miHeritage Gardens, Heaton Moor, Stockport, Greater Manchester2
£1,10009/240.23 miHeritage Gardens, Heaton Moor Road, Stockport2
£97508/250.24 miManchester Road, Heaton Chapel, Stockport2
£1,20008/250.25 miLynton Road SK42
£95008/250.29 miFlat 1, 33 Brownsville Road2
£70008/250.3 miPeel Moat Road, Heaton Moor2
£1,00009/240.32 miLea Road, Stockport2
£80008/250.33 miPortland Grove, Stockport2
£69507/250.33 miPortland Grove, Stockport2

Local Area Statistics

Population in SK4

34,510

Population in Stockport

181,140

Town centre distance

3.19 miles away

Nearest school

0.20 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £195,000

April 5, 2024

Floor Plans

Description

Extremely rare opportunity to purchase this larger-than-average ground floor flat at Regent Court offered to the market chain-free and backing onto the idyllic, south-facing, landscaped gardens of the development that will appeal to a wide variety of buyers. First-time buyers, downsizers, and aspiring landlords are encouraged to apply.

Regent Court is a well set-back development set over three floors on Wellington Road North (the A6) in Heaton Chapel. The block is within walking distance to a whole host of amenities, including Heaton Chapel’s own high street as well as Heaton Moor’s, both blessed with an array of bars, pubs and retail outlets including independent businesses such as Heaton Hops, Feed, La Capilla. Transport links are also superb via the A6 itself and Heaton Chapel Rail station a five minute walk away.

Entering through the communal entrance, the property itself is briefly comprised of: entrance hallway including integrated cupboard, a spacious open-plan living/dining room area with feature south-facing bay window that enjoys the sun throughout the day and opens out onto the landscaped communal gardens, a serviceable kitchen, two well-proportioned bedrooms, and a Jack-and-Jill style bathroom connecting the two bedrooms and the hallway comprised of a three-piece suite.

Externally, there is resident parking to the front and rear and well-maintained landscaped communal gardens.

Agent Details

Julian Wadden, Heaton Moor

0161 524 6124

Next Steps?

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