3 Bed Semi-Detached House, Single Let, Bredbury, SK6 2EB, £240,000

8 The Avenue, Stockport, Greater Manchester, SK6 2EB - 2 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 3%
54 m²
+13 photos

ValuationOvervalued

Sold Prices£130K - £380K
Sold Prices/m²£1.5K/m² - £4.2K/m²

 

 

Square Metres

54 m²
Price/m²£4.4K/m²

Value Estimate

£146,667

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,700

Total Cash In

£68,700

 

 

Cash Out

 

Rent Range

£1,100 - £1,395

Rent Estimate

£1,250

Running Costs/mo

£1,020

Cashflow/mo

£230

Cashflow/yr

£2,760

ROI

4%

Gross Yield

6%

Local Sold Prices

52 sold prices from £130K to £380K, average is £220K. £1.5K/m² to £4.2K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£245K06/210.04 mi32, The Drive, Bredbury, Stockport, Greater Manchester SK6 2DU3
£327K03/230.05 mi15, The Drive, Bredbury, Stockport, Greater Manchester SK6 2ED3
£275K07/230.05 mi41, The Drive, Bredbury, Stockport, Greater Manchester SK6 2ED3
£211.5K03/230.07 mi130, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EN3
£210K02/210.14 mi39, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EJ3
£215K11/200.17 mi22, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EL3
£250K07/230.17 mi82, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EL3
£280K12/220.17 mi36, The Crescent, Bredbury, Stockport, Greater Manchester SK6 2DX3
£200K03/210.18 mi18, Elm Tree Road, Bredbury, Stockport, Greater Manchester SK6 2EQ3
£220K09/210.18 mi73, Redhill Drive, Bredbury, Stockport, Greater Manchester SK6 2HQ3
£265K06/210.2 mi407, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BG3
£255K11/210.21 mi39, Elm Tree Road, Bredbury, Stockport, Greater Manchester SK6 2EG3
£245K07/210.25 mi18, Tarvin Drive, Bredbury, Stockport, Greater Manchester SK6 2PW3
£250K05/210.27 mi25, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA3
£265K06/230.27 mi27, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA3
£265K06/230.27 mi27, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA3
£220K01/210.3 mi27, Alderley Drive, Bredbury, Stockport, Greater Manchester SK6 2PN3
£242K07/230.31 mi22, Belvedere Drive, Bredbury, Stockport, Greater Manchester SK6 2EF3
£242K07/230.31 mi22, Belvedere Drive, Bredbury, Stockport, Greater Manchester SK6 2EF3
£251K05/210.34 mi54, Annable Road, Bredbury, Stockport, Greater Manchester SK6 2DF3
£199K02/210.35 mi553, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BS3
£200K11/210.35 mi497, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BS3
£230K01/230.35 mi108, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2PH3
£257.5K05/210.36 mi770, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BQ3
£183K01/230.39 mi27, Mayorlowe Avenue, Stockport, Greater Manchester SK5 8DB3
£380K02/210.41 mi106a, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PA3
£152.5K07/210.41 mi95, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PA3
£225K12/200.41 mi8, Bancroft Close, Bredbury, Stockport, Greater Manchester SK6 2HB3
£275K01/230.43 mi6, Dorfield Close, Bredbury, Stockport, Greater Manchester SK6 2HD3
£133K01/210.45 mi137, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2AN3
£180.5K08/210.45 mi114, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2HA3
£182.8K02/210.47 mi14, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2NZ3
£175K12/200.52 mi49, Newstead Grove, Bredbury, Stockport, Greater Manchester SK6 2NW3
£210K02/230.53 mi42, Shakespeare Road, Bredbury, Stockport, Greater Manchester SK6 2HN3
£190K10/200.56 mi3, Sandileigh Avenue, Stockport, Greater Manchester SK5 8AJ3
£165K05/230.58 mi8, Dawlish Avenue, Stockport, Greater Manchester SK5 8AX3
£280K09/220.59 mi17, Goyt Crescent, Stockport, Greater Manchester SK1 2HA3
£144K11/200.6 mi14, Marlowe Walks, Bredbury, Stockport, Greater Manchester SK6 2HP3
£143K01/210.61 mi53, Foliage Crescent, Stockport, Greater Manchester SK5 8AP3
£150K05/230.61 mi51, Foliage Crescent, Stockport, Greater Manchester SK5 8AP3
£212K02/210.61 mi22, Goyt Crescent, Stockport, Greater Manchester SK1 2HA3
£131K02/210.62 mi13, Middlesex Road, Brinnington, Stockport, Greater Manchester SK5 8HT3
£180K09/210.62 mi13, Middlesex Road, Brinnington, Stockport, Greater Manchester SK5 8HT3
£280K10/220.62 mi44, Crescent Road, Stockport, Greater Manchester SK1 2QQ3
£275K01/230.63 mi6, Lombard Close, Bredbury, Stockport, Greater Manchester SK6 2PY3
£170K06/230.68 mi50, Charlotte Street, Stockport, Greater Manchester SK1 2QH3
£274K03/230.69 mi4, Elderfield Drive, Bredbury, Stockport, Greater Manchester SK6 2QA3
£130K01/210.7 mi13, Shakespeare Road, Bredbury, Stockport, Greater Manchester SK6 2LH3
£158K07/210.7 mi70, Sandiway, Bredbury, Stockport, Greater Manchester SK6 2JT3
£310K06/230.7 mi104, Highfield Avenue, Romiley, Stockport, Greater Manchester SK6 3BY3
£215K06/230.7 mi33, Nottingham Avenue, Stockport, Greater Manchester SK5 8ET3
£280K05/210.7 mi34, Brinnington Road, Stockport, Greater Manchester SK1 2EX3

Local Rents

15 rents from £1.1K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,35008/240.14 miSandringham Road, Bredbury, Stockport, Cheshire, SK63
£1,20011/230.17 mi-3
£1,10008/240.18 miYew Tree Drive, Bredbury, Stockport, Cheshire, SK63
£1,35012/240.27 miSandringham Road, Stockport, SK6 2EL3
£1,29510/240.27 mi-3
£1,35012/240.31 mi-3
£1,35012/240.31 mi-3
£1,10012/240.35 miKingsway, Bredbury, Stockport, Greater Manchester, SK63
£1,39508/240.35 mi-3
£1,34508/240.35 miThe Broadway, Bredbury, Stockport, Cheshire, SK63
£1,34508/240.37 miThe Broadway, Bredbury SK63
£1,10008/240.39 miMayorlowe Avenue, Brinnington, Stockport, SK53
£1,25009/240.47 miBrinnington Road, Brinington, Stockport3
£1,30004/250.48 mi-3
£1,29003/250.56 mi-3

Local Area Statistics

Population in SK6

50,689

Town centre distance

0.52 miles away

Nearest school

0.20 miles away

Nearest train station

0.67 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 £240,000

December 4, 2024

Listed for £250,000

August 9, 2024

Sold for £190,000

2021

Sold for £81,000

2018

Sold for £127,000

2007

Floor Plans

Description

  • Modern & Beautifully Presented Throughout +
  • Perfect for First Time Buyers & Couples! +
  • Double Driveway & Private Rear Garden +
  • Kitchen/Diner Area with French Doors +
  • Close to Schools, Shops & Transport Links +
  • Desirable and 'Family Friendly' Estate +

Attention FIRST TIME BUYERS! Are you looking for a MODERN and beautifully presented home that is in READY TO MOVE INTO condition and is located on a SOUGHT AFTER ESTATE in Bredbury overlooking Crookilley Woods?

If so, then look no further... this family home boasts beautiful BAY FRONTED WINDOWS and GREAT SIZED ROOMS throughout including a stylish lounge, three bedrooms, ample storage space, a MODERN FAMILY BATHROOM which benefits from a new extractor fan and a MODERN FITTED KITCHEN/DINER area with an integrated oven & hob and features FRENCH DOORS that lead to the rear garden. The property has gas central heating and double glazed windows. The current owners have made us aware that the home was re-rendered in February of 2024 and a boiler was newly installed just before they moved into the property in 2021 with an annual service history (last serviced in July 2024) and the loft benefits from an extended loft hatch with a drop down ladder that was newly installed, a light switch and it has been partially boarded.

Externally benefitting from a DOUBLE DRIVEWAY to the front, a patioed area to the side of the house and a stunning REAR GARDEN that is PRIVATE and tiered to create a DEKCING AREA from the FRENCH DOORS that lead from the house and a grass area at the bottom of the garden with HIGH FENCES to ensure additional PRIVACY. The 'well loved' home is positioned conveniently to have STUNNING VIEWS of greenery from the back of the house due to Crookilley Woods that is a nature reserve and the home is close by to lovely scenic walks.

Situated on the ever-popular 'The Avenue', this 'safe', popular and desirable estate in Bredbury is within walking distance of local amenities including Arden Park Primary School, independent shops, supermarkets and Vernon & Woodbank Park. This estate is renowned to be known for its 'fantastic and lovely neighbours that make the estate a family friendly community'. The current owners have made us aware that where the property is located, is 'safe for cats'

For the commuter the home is fantastically located for TRANSPORT LINKS including bus routes to Stockport Town Centre, easy access to Bredbury Train Station that connects you the vibrant Manchester City in less than 30 minutes and the M60 motorway is within easy reach that connects you to the rest of the North West.

As well as the property being perfect for a home, it could also be a brilliant BUY-TO-LET Investment opportunity, with a potential monthly rental income of £1250/£1300 a month, due to the convenient location.

Please get in touch with either the Edward Mellor Woodley Branch to arrange a viewing as soon as possible. It is definitely one to see in person, to imagine yourself living here and to make it your own home.

Agent Details

Edward Mellor Ltd, Woodley

0161 524 7283

Next Steps?

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