3 Bed Semi-Detached House, Refurb/BRRR, Bredbury, SK6 2LW, £190,000

Wild Street, Stockport, SK6 2LW - 2 views - 9 months ago

Leasehold
Refurb/BRRR
ROI: 4%
~89 m²
+9 photos

ValuationUndervalued

Sold Prices£120K - £550K
Sold Prices/m²£1.3K/m² - £4.7K/m²

 

 

Square Metres

~88.60 m²
Price/m²£2.1K/m²

Value Estimate

£195,700
BMV3%

 

 

End Value (After Refurb)

£226,932

Uplift in Value

+19%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Refurb Costs

£37,464

Bridging Loan Interest

£4,988

Total Cash In

£102,401

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£226,932

Mortgage (After Refinance)

£170,199

Mortgage LTV

75%

Cash Released

£27,699

Cash Left In

£74,702

Equity

£56,733

Rent Range

£1,050 - £1,700

Rent Estimate

£1,314

Running Costs/mo

£992

Cashflow/mo

£322

Cashflow/yr

£3,864

ROI

4%

Gross Yield

8%

Local Sold Prices

51 sold prices from £120K to £550K, average is £230K. £1.3K/m² to £4.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£161K11/200.02 mi23, Goyt Valley Road, Bredbury, Stockport, Greater Manchester SK6 2LQ3
£209K08/210.02 mi8, Goyt Valley Road, Bredbury, Stockport, Greater Manchester SK6 2LQ3
£160K04/210.06 mi14, Goyt Crescent, Bredbury, Stockport, Greater Manchester SK6 2LN3
£120K08/210.07 mi41, Highfield Avenue, Romiley, Stockport, Greater Manchester SK6 3DA3
£157.5K03/210.08 mi30, Goyt Valley Road, Bredbury, Stockport, Greater Manchester SK6 2LG3
£195K08/210.08 mi46, Goyt Valley Road, Bredbury, Stockport, Greater Manchester SK6 2LG3
£130K01/210.1 mi13, Shakespeare Road, Bredbury, Stockport, Greater Manchester SK6 2LH3
£239K01/230.11 mi32, Goyt Crescent, Bredbury, Stockport, Greater Manchester SK6 2LN3
£310K06/230.12 mi104, Highfield Avenue, Romiley, Stockport, Greater Manchester SK6 3BY3
£230K01/230.19 mi3, Woodgate Close, Bredbury, Stockport, Greater Manchester SK6 2JX3
£158K07/210.22 mi70, Sandiway, Bredbury, Stockport, Greater Manchester SK6 2JT3
£144K11/200.24 mi14, Marlowe Walks, Bredbury, Stockport, Greater Manchester SK6 2HP3
£257.5K07/230.25 mi60, Ruskin Grove, Bredbury, Stockport, Greater Manchester SK6 1DW3
£257.5K07/230.25 mi60, Ruskin Grove, Bredbury, Stockport, Greater Manchester SK6 1DW3
£210K02/230.28 mi42, Shakespeare Road, Bredbury, Stockport, Greater Manchester SK6 2HN3
£175K12/200.28 mi49, Newstead Grove, Bredbury, Stockport, Greater Manchester SK6 2NW3
£280K03/230.29 mi17, Catherine Road, Romiley, Stockport, Greater Manchester SK6 3DQ3
£275K02/230.29 mi37, Newlyn Drive, Bredbury, Stockport, Greater Manchester SK6 1EF3
£280K12/200.3 mi78, Bredbury Green, Romiley, Stockport, Greater Manchester SK6 3DF3
£182.8K02/210.33 mi14, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2NZ3
£345K01/210.34 mi11, Clapgate, Romiley, Stockport, Greater Manchester SK6 3DG3
£180.5K08/210.36 mi114, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2HA3
£335K01/230.36 mi44, Bredbury Green, Romiley, Stockport, Greater Manchester SK6 3DN3
£400K06/210.36 mi10, Bredbury Green, Romiley, Stockport, Greater Manchester SK6 3DN3
£274K03/230.36 mi4, Elderfield Drive, Bredbury, Stockport, Greater Manchester SK6 2QA3
£275K01/230.37 mi6, Dorfield Close, Bredbury, Stockport, Greater Manchester SK6 2HD3
£380K02/210.39 mi106a, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PA3
£152.5K07/210.39 mi95, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PA3
£275K01/230.39 mi6, Lombard Close, Bredbury, Stockport, Greater Manchester SK6 2PY3
£225K12/200.4 mi8, Bancroft Close, Bredbury, Stockport, Greater Manchester SK6 2HB3
£302.5K09/210.44 mi2, Hayfield Road, Bredbury, Stockport, Greater Manchester SK6 1DE3
£360K09/210.46 mi109, George Lane, Bredbury, Stockport, Greater Manchester SK6 1DH3
£550K02/230.46 mi8, Hatherlow, Romiley, Stockport, Greater Manchester SK6 3DR3
£214.5K08/210.5 mi15, Brookfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1BZ3
£269.5K12/210.5 mi44, Kennett Drive, Bredbury, Stockport, Greater Manchester SK6 2GA3
£244K01/230.51 mi34, Padden Brook, Romiley, Stockport, Greater Manchester SK6 3AS3
£257.5K06/230.51 mi12, Woodfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1DB3
£244K08/230.52 mi52, George Lane, Bredbury, Stockport, Greater Manchester SK6 1AT3
£220K01/210.53 mi27, Alderley Drive, Bredbury, Stockport, Greater Manchester SK6 2PN3
£230K09/210.53 mi11, Green Lane, Romiley, Stockport, Greater Manchester SK6 3JG3
£230K01/230.54 mi108, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2PH3
£220K04/210.54 mi13, Fairfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1BY3
£200K03/210.55 mi51, Redhouse Lane, Bredbury, Stockport, Greater Manchester SK6 1BX3
£325K11/210.55 mi61, Stockport Road East, Bredbury, Stockport, Greater Manchester SK6 2AA3
£230K01/210.56 mi6, Bonnyfields, Romiley, Stockport, Greater Manchester SK6 3AR3
£164K02/210.56 mi97, The Ridgway, Romiley, Stockport, Greater Manchester SK6 3HA3
£150K04/210.56 mi47, The Ridgway, Romiley, Stockport, Greater Manchester SK6 3HA3
£133K01/210.57 mi137, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2AN3
£320K12/200.59 mi23, Hill Rise, Romiley, Stockport, Greater Manchester SK6 3AP3
£311K11/210.6 mi6, St Andrews Close, Romiley, Stockport, Greater Manchester SK6 3JR3
£245K07/210.6 mi18, Tarvin Drive, Bredbury, Stockport, Greater Manchester SK6 2PW3

Local Rents

22 rents from £1.1K/mo to £1.7K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40004/250.1 mi-3
£1,15011/240.22 mi-3
£1,05012/240.3 miHigher Bents Lane SK63
£1,70012/240.35 mi-3
£1,30004/250.36 mi-3
£1,29002/250.42 mi-3
£1,20012/240.42 mi-3
£1,10012/240.45 miKingsway, Bredbury, Stockport, Greater Manchester, SK63
£1,30008/240.45 miGeorge Lane, Bredbury, Stockport3
£1,34508/240.46 miThe Broadway, Bredbury SK63
£1,20002/240.46 mi-3
£1,50012/240.46 mi-3
£1,50001/250.46 mi-3
£1,50011/240.46 mi-3
£1,50001/250.46 mi-3
£1,34508/240.48 miThe Broadway, Bredbury, Stockport, Cheshire, SK63
£1,39508/240.48 mi-3
£1,15003/250.52 mi-3
£1,15008/240.54 miGreen Lane, Stockport, Greater Manchester, SK63
£1,35012/240.55 mi-3
£1,35012/240.55 mi-3
£1,20008/240.59 mi-3

Local Area Statistics

Population in SK6

50,689

Town centre distance

0.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.53 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 £190,000

March 24, 2025

Price changed to £200,000

February 24, 2025

Listed for £190,000

July 12, 2024

Floor Plans

Description

This lovely three-bedroom home is just waiting for the next family to come along and really put down their own stamp.

Situated a short commute from Stockport Town Centre the house sits within easy reaching distance of St. Mary's Way and Stockport Train Station, with regular routes into Manchester and to London.

In need of cosmetic upgrading the house itself is generously proportioned, and sits an excellent corner plot ripe for extension, subject to planning.

To the front of the property there is an off-road parking area and steps leading down to the entrance hallway.
This leads off into the cosy and private living room space, with recently fitted log burner, and ample seating.
Leading on to the rear of the property you will find the open plan Dining and Kitchen area, which is a great entertaining or family space, as it has dual windows onto the rear garden and conservatory, making a light and welcoming room.

The rear garden itself wraps around the side of the property with distinct seating, grassed and storage areas.
There is grounded electricity in place and a magnificent garden office, perfect for the at home worker or garden studio.

On to the first floor where you will find three well-proportioned bedrooms. The main, to the front, has ample space for the bed and free-standing storage, and the second comes with an in-built wardrobe area.
The third is a good sized single, currently housing bunk beds and storage with floor space to spare.

Completing the home is the family bathroom including bath and shower over, WC and sink.

This excellent family home would make an astute purchase for the right family, with scope for extension and renovation.
Call now to book your viewing.

Agent Details

TAUK, Covering Nationwide

020 3910 6171

Next Steps?

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