2 Bed Flat, Single Let, Stockport, SK7 4RY, £140,000
2a Chepstow Drive, Hazel Grove, STOCKPORT, SK7 4RY - 9 months ago
Sold STC
Leasehold
BTL
ROI: 9%
~64 m²





+6 photos
ValuationUndervalued
Sold Prices | £75K - £403K |
Sold Prices/m² | £1.7K/m² - £6K/m² |
| |
Square Metres | ~63.90 m² |
Price/m² | £2.2K/m² |
Value Estimate | £160,191 |
BMV | 14% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £35,000 |
Stamp Duty & Legal Fees | £8,200 |
Total Cash In | £43,200 |
| |
Cash Out | |
Rent Range | £800 - £1,200 |
Rent Estimate | £963 |
Running Costs/mo | £650 |
Cashflow/mo | £313 |
Cashflow/yr | £3,755 |
ROI | 9% |
Gross Yield | 8% |
Local Sold Prices
30 sold prices from £75K to £403K, average is £157.5K. £1.7K/m² to £6K/m², average is £2.5K/m².
Local Rents
13 rents from £800/mo to £1.2K/mo, average is £1K/mo.
Local Area Statistics
Population in SK7 | 40,669 |
Population in Stockport | 181,140 |
Town centre distance | 1.33 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.78 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -4% |
Sales demand | Seller's market |
Capital growth (5yrs) | +42% |
Property History
Listed for £140,000
July 10, 2024
Floor Plans

Description
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