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

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

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

ValuationFair Value

Sold Prices£70K - £290K
Sold Prices/m²£1.6K/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

£850 - £2,300

Rent Estimate

£870

Running Costs/mo

£803

Cashflow/mo

£67

Cashflow/yr

£800

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £70K to £290K, average is £144.5K. £1.6K/m² to £4.9K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£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
£155K03/210.52 miFlat 9, Church Manor, Stanley Road, Stockport, Greater Manchester SK4 4HL2
£130K04/210.73 mi35, Tarvin Avenue, Stockport, Greater Manchester SK4 5LG2
£187K09/210.74 mi9, Clifton Court, Stockport, Greater Manchester SK4 4DB2
£235K10/200.74 mi32, Colchester Place, Stockport, Greater Manchester SK4 2NY2
£290K06/210.74 mi28, Colchester Place, Stockport, Greater Manchester SK4 2NY2
£130K08/210.76 mi40, Stitch Lane, Stockport, Greater Manchester SK4 2LS2
£144K10/210.81 mi36e, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£195K11/200.81 mi206b, Heaton Moor Road, Stockport, Greater Manchester SK4 4DU2
£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
£177.5K01/230.92 mi49g, Crescent Park, Stockport, Greater Manchester SK4 2JD2
£285K04/210.93 mi8, March Avenue, Stockport, Greater Manchester SK4 2LB2
£128K08/210.95 mi9, Alston Gardens, Manchester, Greater Manchester M19 1DW2
£138K03/230.99 mi37, Broomfield Drive, Stockport, Greater Manchester SK5 7DR2
£108.5K01/211.06 miFlat 112, Victoria Mill, Houldsworth Street, Reddish, Stockport, Greater Manchester SK5 6AX2
£200K01/231.06 miFlat 172, Victoria Mill, Houldsworth Street, Reddish, Stockport, Greater Manchester SK5 6AX2
£115K03/211.08 mi1a, Avon Road, Manchester, Greater Manchester M19 1HP2
£195K05/211.09 mi3, Beaminster Court, Stockport, Greater Manchester SK4 3HY2
£179K04/231.09 mi30a, Sunnybank Avenue, Stockport, Greater Manchester SK4 3PR2
£75K02/231.13 mi5, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£142K10/211.15 mi146a, Burnage Lane, Manchester, Greater Manchester M19 1EF2
£145K06/221.16 mi2, Higher Meadows, Levenshulme, Manchester, Greater Manchester M19 3BQ2
£90K01/211.19 mi60a, Gorton Road, Stockport, Greater Manchester SK5 6AH2
£167.5K04/211.2 mi7, Fox Hill Court, Stockport, Greater Manchester SK4 2DU2
£103K01/211.26 mi77, Broadlea Road, Manchester, Greater Manchester M19 1EG2
£128K08/221.27 mi15, Oakland Avenue, Manchester, Greater Manchester M19 1LB2
£185K12/221.36 mi23, Earl Street, Stockport, Greater Manchester SK3 9JZ2
£70K03/231.41 miFlat 246, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£71.5K10/201.41 miFlat 232, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£85K09/221.41 miFlat 231, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£80K03/211.41 miFlat 238, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£187K06/211.54 mi470a, Didsbury Road, Stockport, Greater Manchester SK4 3BS2
£168K01/231.61 mi22, Whimberry Way, Withington, Manchester, Greater Manchester M20 4SG2
£191K12/221.62 mi72, Briarfield Road, Manchester, Greater Manchester M20 4SS2
£170K09/231.64 mi838, Burnage Lane, Manchester, Greater Manchester M19 1RS2
£188K09/231.65 mi145, Parrs Wood Road, Manchester, Greater Manchester M20 4RS2
£141K03/231.65 miApartment 14, Alder Heights, New Zealand Road, Stockport, Greater Manchester SK1 4AG2
£147.5K12/201.65 mi93, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£152.5K12/201.65 mi51, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£105K07/221.65 mi17, Tillard Avenue, Cheadle Heath, Stockport, Greater Manchester SK3 0UB2
£130.5K01/211.66 mi33, Tillard Avenue, Stockport, Greater Manchester SK3 0UB2
£130K03/231.67 miFlat 4, Park Lodge, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE2
£123K03/231.69 miFlat 28, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£135K04/221.69 miFlat 36, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£133K07/231.71 mi137, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA2
£102K10/211.71 mi79, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA2
£140K09/221.74 mi23, West Meadow, Stockport, Greater Manchester SK5 6XR2

Local Rents

42 rents from £850/mo to £2.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£90008/240.02 miHeaton Moor Road, Stockport2
£87509/240.03 miWellington Road North, Heaton Chapel2
£1,29501/250.07 mi-2
£1,24508/240.07 mi-2
£89508/240.08 miHeaton Moor Road, Stockport, Greater Manchester, SK42
£1,20003/250.09 mi-2
£1,25009/240.11 miWestacre house, Stockport, SK42
£1,35009/240.11 mi-2
£1,25008/240.11 mi-2
£95009/240.12 miManchester Road, Heaton Norris, Stockport, Greater Manchester, SK42
£89508/240.12 miSchool Lane, Stockport, Cheshire, 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
£1,09508/240.19 miHeaton Gardens, Heaton Moor, Stockport, Manchester, SK42
£1,25008/240.22 mi-2
£1,35008/240.22 mi-2
£1,27512/240.22 mi-2
£1,20008/240.23 miHeritage Gardens, Heaton Moor Road, Heaton Moor2
£1,10009/240.23 miHeritage Gardens, Heaton Moor Road, Stockport2
£1,00009/240.32 miLea Road, Stockport2
£1,19508/240.34 miHeaton Moor Road, Stockport, Greater Manchester, SK42
£89508/240.36 miThe Coach House, 92 Heaton Moor Road, Heaton Moor, Stockport, SK42
£1,15009/240.38 mi64-66 Heaton Moor Road, Stockport, SK4 4NZ2
£99509/240.39 miHeaton Moor Road, Heaton Moor2
£1,60003/250.4 mi-2
£85012/240.41 mi-2
£1,20003/250.41 mi-2
£1,20008/240.43 miHeaton Moor Road, Stockport, Greater Manchester, SK42
£1,25008/240.46 mi-2
£87008/240.48 mi118 Heaton Moor Road, Stockport, SK4 4JY 2
£1,27508/240.53 miHollycrest Apartments2
£2,30008/240.55 mi-2
£1,25008/240.56 mi-2
£1,07503/250.56 mi-2
£1,07511/240.56 mi-2
£1,20009/240.6 miBlackbrook Road, Heaton Chapel2
£1,15008/240.6 miSharples Street, Stockport, Greater Manchester, SK42
£1,12508/240.61 mi-2
£90008/240.62 miChurchill Street, Heaton Norris, Stockport, SK42
£1,10008/240.62 mi-2

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)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

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?

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