4 Bed Detached House, Refurb/BRRR, Bredbury, SK6 5RX, £480,000

Glossop Road, Marple Bridge, Stockport, SK6 5RX - 9 months ago

Refurb/BRRR
~152 m²
+17 photos

ValuationOvervalued

Sold Prices£150K - £800K
Sold Prices/m²£2.1K/m² - £6.2K/m²

 

 

Square Metres

~151.50 m²
Price/m²£3.2K/m²

Value Estimate

£467,333

 

 

End Value (After Refurb)

£485,577

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£120,000

Stamp Duty & Legal Fees

£39,200

Refurb Costs

£64,060

Bridging Loan Interest

£12,600

Total Cash In

£237,610

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£485,577

Mortgage (After Refinance)

£364,183

Mortgage LTV

75%

Cash Released

£4,183

Cash Left In

£233,427

Equity

£121,394

Rent Range

£595 - £4,500

Rent Estimate

£1,161

Running Costs/mo

£1,770

Cashflow/mo

£-609

Cashflow/yr

£-7,304

Gross Yield

3%

Local Sold Prices

50 sold prices from £150K to £800K, average is £472.5K. £2.1K/m² to £6.2K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£520K12/200.87 miWoodseats Farm Cottage, Woodseats Lane, Charlesworth, Glossop, Derbyshire SK13 5DR4
£595K03/210.98 miTall Trees, Marple Road, Chisworth, Glossop, Derbyshire SK13 5DH4
£201K08/211.08 mi25, Orchard Road, Compstall, Stockport, Greater Manchester SK6 5JS4
£442K10/211.13 mi8, The Ceal, Compstall, Stockport, Greater Manchester SK6 5LQ4
£795K12/201.15 mi97, Cote Green Road, Marple Bridge, Stockport, Greater Manchester SK6 5EN4
£800K05/231.15 mi88, Cote Green Road, Marple Bridge, Stockport, Greater Manchester SK6 5EN4
£442.5K02/211.37 mi5, Bankside Close, Marple Bridge, Stockport, Greater Manchester SK6 5ET4
£394K04/211.37 mi58, Ernocroft Road, Marple Bridge, Stockport, Greater Manchester SK6 5DY4
£565K12/201.39 miFurness Lodge, Furness Field, Hyde, Greater Manchester SK14 3AJ4
£505K03/211.41 mi50, Glossop Road, Marple Bridge, Stockport, Greater Manchester SK6 5EL4
£500K01/211.42 mi42, Ley Lane, Marple Bridge, Stockport, Greater Manchester SK6 5DD4
£417K01/211.44 mi15, Cote Green Lane, Marple Bridge, Stockport, Greater Manchester SK6 5DZ4
£390K03/231.44 mi8, Cote Green Lane, Marple Bridge, Stockport, Greater Manchester SK6 5DZ4
£595K11/201.5 mi4, The Copse, Marple Bridge, Stockport, Greater Manchester SK6 5QQ4
£625K07/231.51 mi12, The Copse, Marple Bridge, Stockport, Greater Manchester SK6 5QQ4
£680K02/231.54 mi248, Compstall Road, Romiley, Stockport, Greater Manchester SK6 4JG4
£485K01/211.54 miMount Cottage, Werneth Low Road, Hyde, Greater Manchester SK14 3AA4
£485K02/211.54 mi15, Town Lane, Charlesworth, Glossop, Derbyshire SK13 5HA4
£245K05/231.54 mi8 - 10, Town Lane, Charlesworth, Glossop, Derbyshire SK13 5HA4
£296K05/231.55 mi8, Home Farm Avenue, Mottram, Hyde, Greater Manchester SK14 6JS4
£505K03/231.58 mi4, Glossop Road, Marple Bridge, Stockport, Greater Manchester SK6 5EJ4
£425K02/211.59 miStocks Barn, Back Lane, Charlesworth, Glossop, Derbyshire SK13 5HJ4
£470K02/211.59 mi65, Hollins Lane, Marple Bridge, Stockport, Greater Manchester SK6 5DA4
£600K06/231.62 mi3, Bonington Rise, Marple Bridge, Stockport, Greater Manchester SK6 5DW4
£675K01/211.64 mi150, Higham Lane, Hyde, Greater Manchester SK14 5LP4
£345K06/211.64 mi26, Bucklow Close, Mottram, Hyde, Greater Manchester SK14 6JU4
£550K02/211.69 mi7, Constable Drive, Marple Bridge, Stockport, Greater Manchester SK6 5BH4
£765K12/221.7 mi36, Hollins Lane, Marple Bridge, Stockport, Greater Manchester SK6 5BD4
£365K03/211.72 mi12, Fernwood, Marple Bridge, Stockport, Greater Manchester SK6 5BE4
£150K10/211.73 mi3, Callington Close, Hyde, Greater Manchester SK14 3EW4
£425K11/201.74 mi1, Werneth Rise, Hyde, Greater Manchester SK14 5ND4
£510K04/211.74 mi190, Mottram Old Road, Hyde, Greater Manchester SK14 3BA4
£412.5K05/231.76 mi22, Hogarth Road, Marple Bridge, Stockport, Greater Manchester SK6 5BP4
£450K06/211.76 mi16, Hogarth Road, Marple Bridge, Stockport, Greater Manchester SK6 5BP4
£605K06/211.76 mi7, Werneth Rise, Hyde, Greater Manchester SK14 5ND4
£462.5K06/211.84 mi89, Joel Lane, Hyde, Greater Manchester SK14 5LF4
£420K01/211.87 mi31, Spring Avenue, Hyde, Greater Manchester SK14 5LT4
£485K02/211.87 mi17, Spring Avenue, Hyde, Greater Manchester SK14 5LT4
£535K12/211.88 mi32, Hollins Lane, Marple Bridge, Stockport, Greater Manchester SK6 5BB4
£410K12/201.89 mi4, Parklands, Romiley, Stockport, Greater Manchester SK6 4LX4
£475K02/211.89 mi2, Parklands, Romiley, Stockport, Greater Manchester SK6 4LX4
£350K01/211.89 mi6, Parklands, Romiley, Stockport, Greater Manchester SK6 4LX4
£425K12/201.92 mi22, Higham Lane, Hyde, Greater Manchester SK14 5LX4
£530K03/211.92 mi33, Higham Lane, Hyde, Greater Manchester SK14 5LX4
£440K02/231.92 mi20, Waterford Avenue, Romiley, Stockport, Greater Manchester SK6 4HL4
£585K11/201.95 mi7, Pingot Lane, Broadbottom, Hyde, Greater Manchester SK14 6DZ4
£358K05/211.95 mi165, Compstall Road, Romiley, Stockport, Greater Manchester SK6 4JA4
£510K04/211.97 mi65, Roundcroft, Romiley, Stockport, Greater Manchester SK6 4HZ4
£245K06/211.97 mi54, Mottram Old Road, Hyde, Greater Manchester SK14 5NJ4
£309K09/211.99 mi10, Heys Avenue, Romiley, Stockport, Greater Manchester SK6 4HY4

Local Rents

50 rents from £595/mo to £4.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£3,50008/240.79 miHigher Chisworth, Chisworth, Glossop5
£96508/240.8 miKinderlee Mill North, Chisworth2
£1,15008/240.8 miKinderlee , Chisworth, Glossop3
£99004/250.8 mi-2
£1,10002/241.09 mi-2
£1,20012/241.09 mi-2
£4,50001/241.13 mi-5
£90008/241.19 miMontagu Street, Stockport, SK62
£1,10009/241.32 miValley Gardens, Hyde, Greater Manchester, SK143
£1,05002/241.32 mi-2
£1,00012/241.33 mi-2
£1,08008/241.34 mi-2
£1,30006/241.36 mi-3
£90007/241.39 mi-2
£89509/241.4 miBank Gate, Broadbottom, Hyde2
£1,50008/241.41 miLong Lane, Charlesworth, Glossop, Derbyshire, SK133
£1,95008/241.42 miGorsey Intake, Broadbottom5
£89508/241.45 miPinfold Crescent, Hyde, Cheshire, SK142
£1,30003/251.45 mi-2
£65003/251.46 mi-1
£1,50011/231.51 mi-2
£95008/241.53 miCompstall Road, Marple Bridge, SK62
£1,20008/241.56 miLee Vale Drive, High Peak, Derbyshire, SK133
£1,55004/251.63 mi-4
£60012/241.64 miTorside Mews, Hadfield, Glossop, Derbyshire, SK131
£1,05004/251.66 mi-2
£1,35009/241.66 miBucklow Close, Mottram, Hyde3
£75003/251.69 mi-1
£90008/241.72 miHermitage Avenue, Romiley, Stockport, Cheshire, SK62
£1,10008/241.76 miRowarth, High Peak2
£59508/231.78 mi-1
£62501/241.78 mi-1
£70006/241.78 mi-1
£1,20012/241.84 miLower Fold, Marple Bridge, SK62
£1,05008/241.85 mi-3
£1,09508/241.9 miMinstead Close, Gee Cross, SK143
£85008/241.91 mi-3
£90009/241.98 miThe Old Tannery, Hyde, Greater Manchester, SK142
£85002/251.99 mi-1
£1,60009/242 miUnderwood Road, Hyde, Greater Manchester, SK144
£82509/242.03 miAshby Gardens, Hattersley2
£82509/242.03 mi-2
£82509/242.03 miAshby Gardens, Hyde, SK142
£1,05008/242.04 miStockport Road, Hyde, Cheshire, SK142
£1,17511/232.05 mi**COUNTRYSIDE HOME** Hawthorn Cottage, The Hague, Broadbottom, SK14 6DX 2
£1,20010/242.09 mi-2
£1,10008/242.11 miKing Edward Road, Hyde, Greater Manchester, SK143
£1,15009/242.11 miKing Edward Road, Hyde, Greater Manchester, SK143
£1,10012/242.14 miMoor End Road; Mellor. SK62
£95008/242.15 miStockport Road, Hyde2

Local Area Statistics

Population in SK6

50,689

Town centre distance

3.73 miles away

Nearest school

1.30 miles away

Nearest train station

1.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Price changed to £480,000

January 31, 2025

Listed for £500,000

July 4, 2024

Floor Plans

Description

  • IN NEED OF COMPLETE RENOVATION +
  • SET WITHIN LARGE GARDENS +
  • THREE RECEPTION ROOMS +
  • FOUR BEDROOMS +
  • AMPLE PARKING AND USEFUL OUTBUILDINGS +

A rare opportunity to acquire a delightful, detached which is in need of full modernisation offering the chance for the next owners to create and put their own stamp on a property. The house itself stands in good-sized gardens and enjoys far-reaching views. NO ONWARD CHAIN!

A stone-built, period home that requires full modernisation enjoying a delightful location standing in large gardens with glorious far-reaching rural views. The property itself is positioned within a short drive of Marple Bridge and is also convenient for the busier towns of Marple and Glossop.
The accommodation currently comprises: entrance hall, two reception rooms, kitchen, utility room, garden room and downstairs shower room. To the first floor there are four bedrooms, a bathroom and storage cupboards.
Externally, the property is set within a generous plot, with stunning views to the rear over fields towards the hills beyond. There is ample space for parking and there is also an attached outbuilding and useful detached garden store.
LOCATION
Marple Bridge caters for most day to day requirements whilst nearby Marple and Glossop offer a wide range of shops, restaurants, educational and recreational facilities. For the commuter both Marple, Broadbottom and Glossop stations offer services to Manchester city centre and the access points to the Northwest motorway network can be found at Stockport East and Bredbury junctions.

Agent Details

Gascoigne Halman, Marple Bridge

0161 524 2255

Next Steps?

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