3 Bed Terraced House, Refurb/BRRR, Cheadle Hulme, SK8 3AS, £250,000

182 Bruntwood Lane, Cheadle, Greater Manchester, SK8 3AS - 1 views - 8 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+1 photos

ValuationUndervalued

Sold Prices£200K - £615K
Sold Prices/m²£2K/m² - £6.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£257,500
BMV3%

 

 

End Value (After Refurb)

£332,037

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£39,428

Bridging Loan Interest

£6,563

Total Cash In

£118,941

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£332,037

Agent Fees (1%)

£3,320

Bridging Loan

£187,500

Bridging Loan Interest

£6,563

Flip Profit

£22,276

Local Sold Prices

50 sold prices from £200K to £615K, average is £307.5K. £2K/m² to £6.2K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£235K11/200.11 mi10, Nevin Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 6BZ3
£266.5K06/230.13 mi3, Hall Meadow, Cheadle Hulme, Cheadle, Greater Manchester SK8 6BL3
£270K03/210.13 mi156, Turves Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 6AW3
£210K09/210.15 mi76, Hall Meadow, Cheadle Hulme, Cheadle, Greater Manchester SK8 6BN3
£250K06/210.16 mi85, Etchells Road, Heald Green, Cheadle, Greater Manchester SK8 3AT3
£222.5K02/210.16 mi15, Chedlee Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 6BQ3
£325K02/210.18 mi30, Branksome Drive, Heald Green, Cheadle, Greater Manchester SK8 3AJ3
£280K02/210.18 mi10, Etchells Road, Heald Green, Cheadle, Greater Manchester SK8 3AU3
£235K01/210.18 mi6, Calver Walk, Cheadle Hulme, Cheadle, Greater Manchester SK8 6BW3
£410K02/210.2 mi5, Conway Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 6BP3
£250K01/210.24 mi31, Bradgate Avenue, Heald Green, Cheadle, Greater Manchester SK8 3AQ3
£330K03/230.24 mi3, Bradgate Avenue, Heald Green, Cheadle, Greater Manchester SK8 3AQ3
£275K04/230.24 mi2, Bradgate Avenue, Heald Green, Cheadle, Greater Manchester SK8 3AQ3
£200K01/230.25 mi9, Branfield Avenue, Heald Green, Cheadle, Greater Manchester SK8 3AP3
£246K07/210.25 mi12, Branfield Avenue, Heald Green, Cheadle, Greater Manchester SK8 3AP3
£250K08/210.28 mi1, Bray Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 6DQ3
£340K06/210.3 mi4, Hampton Grove, Cheadle Hulme, Cheadle, Greater Manchester SK8 6DG3
£340K12/220.31 mi9, Long Croft Lane, Cheadle Hulme, Cheadle, Greater Manchester SK8 6SE3
£300K09/210.31 mi1, Hadley Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 6SH3
£269.9K12/200.31 mi6, Hadley Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 6SH3
£321K12/210.31 mi59, Bradshaw Hall Lane, Heald Green, Cheadle, Greater Manchester SK8 3AG3
£240K04/210.34 mi16, Hurley Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 6DH3
£245K06/210.34 mi14, Hurley Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 6DH3
£205K06/210.34 mi1, Hurley Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 6DH3
£315K06/210.36 mi5, Hilary Avenue, Heald Green, Cheadle, Greater Manchester SK8 3AF3
£300K06/230.36 mi21, Hilary Avenue, Heald Green, Cheadle, Greater Manchester SK8 3AF3
£251K06/210.36 mi2, Fairfield Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 6AF3
£330K01/230.37 mi6, Taplow Grove, Cheadle Hulme, Cheadle, Greater Manchester SK8 6DL3
£400K05/230.38 mi36, Henley Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 6DW3
£325K02/210.38 mi14, Henley Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 6DW3
£279K01/210.38 mi5, Rosslyn Road, Heald Green, Cheadle, Greater Manchester SK8 3DJ3
£340K12/200.39 mi19, Wyngate Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 6ER3
£420K04/230.39 mi20, Barley Croft, Cheadle Hulme, Cheadle, Greater Manchester SK8 6SL3
£510.5K08/230.39 mi5, Henley Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 6DP3
£270K08/210.41 mi2a, East Avenue, Heald Green, Cheadle, Greater Manchester SK8 3DL3
£230K02/230.42 mi65, Willow Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 6BD3
£530K06/230.43 mi9, Parkfield Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 6EX3
£225K06/210.43 mi93, Willow Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 6BD3
£395K09/210.44 mi227, Wilmslow Road, Heald Green, Cheadle, Greater Manchester SK8 3BQ3
£355K08/230.44 mi219, Wilmslow Road, Heald Green, Cheadle, Greater Manchester SK8 3BQ3
£480K08/230.44 mi243, Wilmslow Road, Heald Green, Cheadle, Greater Manchester SK8 3BQ3
£285K06/230.46 mi42, Willow Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 6AX3
£615K03/230.46 mi41, Southdown Crescent, Cheadle Hulme, Cheadle, Greater Manchester SK8 6EQ3
£321.2K02/230.46 mi15, Syddall Avenue, Heald Green, Cheadle, Greater Manchester SK8 3AA3
£360K11/210.47 mi35, Syddall Avenue, Heald Green, Cheadle, Greater Manchester SK8 3AA3
£340K02/230.47 mi88, Turves Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 6AP3
£360K12/200.51 mi10, Beatrice Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5DZ3
£385K03/230.52 mi77, East Avenue, Heald Green, Cheadle, Greater Manchester SK8 3BR3
£390K09/230.52 mi68, East Avenue, Heald Green, Cheadle, Greater Manchester SK8 3BR3
£330K09/230.53 mi29, Thornton Road, Heald Green, Cheadle, Greater Manchester SK8 3DP3

Local Rents

50 rents from £850/mo to £3.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,29509/240.31 mi-3
£1,75003/250.38 mi-3
£1,20008/240.38 mi27 Rosslyn Road, Cheadle, Greater Manchester, SK83
£1,55002/240.43 mi-3
£1,70008/240.48 mi-3
£3,79010/240.48 mi-3
£3,48002/250.48 mi-3
£3,49504/250.48 mi-3
£1,80006/240.55 mi-3
£85008/240.65 miMoseley Grange, Cheadle Hulme3
£1,90010/230.66 mi-3
£1,65002/250.69 mi-3
£1,40009/240.71 miPinfold Drive, Cheadle3
£1,65009/240.73 miSchools Green, Cheadle, SK8 1JL3
£2,89501/250.73 mi-3
£2,79503/250.73 mi-3
£1,55011/240.74 mi-3
£1,85008/240.75 mi-3
£1,75004/250.77 mi-3
£1,90009/240.79 miBradwell Drive, Heald Green, Cheadle3
£2,20011/230.81 mi-3
£2,15004/250.81 mi-3
£2,15012/240.81 mi-3
£1,70008/240.83 miBrandon Avenue, Heald Green3
£1,99509/240.84 miCringle Drive, Cheadle3
£1,70008/240.85 miSt. Austell Drive, Heald Green SK83
£1,70008/240.87 mi-3
£1,40001/250.9 mi-3
£1,30009/240.91 mi-3
£1,30008/240.91 miBridgewater Close, Heald Green, Cheadle, SK83
£1,15008/240.91 miBridgewater Close, Cheadle, Cheshire, SK83
£2,00009/240.93 miOutwood Road, Heald Green3
£1,55009/240.94 miKendal Drive, SK83
£1,50009/240.95 miKendal Drive, Gatley3
£1,30009/240.95 miOutwood Road, Heald Green3
£1,25009/240.98 miNewlands Avenue, Cheadle Hulme3
£1,20008/240.99 miSunningdale Road, Cheadle, Greater Manchester, SK83
£1,50002/251 mi-3
£1,20009/241 miNewbury Road, Heald Green, Cheadle3
£1,80008/241.03 miSunningdale Road, Cheadle Hulme, Cheadle, SK83
£1,50002/251.03 mi-3
£1,40009/241.04 miDorac Avenue, Heald Green, Cheadle3
£1,74912/241.07 mi-3
£1,45009/231.08 mi-3
£1,50006/241.08 mi-3
£1,50008/241.08 mi-3
£1,50008/241.09 miMotcombe Road, Heald Green, Cheadle3
£1,40008/241.09 mi-3
£1,50009/241.1 miSilverdale Road, Gatley,SK8 4QS3
£1,68012/241.1 mi-3

Local Area Statistics

Population in SK8

58,396

Population in Cheadle Hulme

58,434

Town centre distance

0.72 miles away

Nearest school

0.20 miles away

Nearest train station

0.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £250,000

August 20, 2024

Sold for £56,950

1998

Floor Plans

Description

  • End-terraced property with significant renovation potential +
  • Great location near Heald Green & Cheadle Hulme villages +
  • Excellent access to shops, schools, and transport links +
  • Close to train stations, motorways, and Manchester Airport +
  • Good size living room with adjoining dining area +
  • Kitchen and bathroom need replacing +
  • Three well-sized bedrooms +
  • Gas central heating and double glazing throughout +
  • Generous rear garden with ample space for landscaping +
  • Front driveway offering off-road parking facilities +

Situated in the popular area of Heald Green, this end-terraced property offers a rare chance to create your dream home from the ground up. Close to both Heald Green and Cheadle Hulme villages, you’ll enjoy easy access to a variety of shops, top-rated schools, train stations, the motorway network, Manchester International Airport and Bruntwood Park is just a short walk away. The property includes an entrance hall, living room with an adjoining dining area, a kitchen, three decent size bedrooms and a bathroom/ WC. With gas central heating, double glazing, a generous rear garden, and off-road parking, the potential here is undeniable. This project isn’t for the faint-hearted, but for those with vision and the willingness to invest, it’s a blank canvas ready to be transformed into a home tailored to your exact specifications! Approximate room sizes Entrance Hall  
Double glazed front door, radiator, laminate flooring, burglar alarm control panel, staircase to first floor, open access to Living Room, door to: Living Room 3.86m (12'8") x 3.46m (11'4")
Double glazed window to front, radiator, TV point, dado rail, coved ceiling, gas fire ( not working ) open arch to: Dining Area 2.73m (9') x 2.68m (8'10")
Double glazed window to rear, radiator, dado rail, coved ceiling, double glazed tilt and turn door to rear.
 
Kitchen 3.06m (10') x 2.73m (9')
Fitted work surfaces, drawers, base and wall cupboards, single drainer stainless steel single blow sink unit, electric cooker point, space for fridge, space and plumbing for washing machine, wall tiling to work top areas, wall mounted Worcester gas boiler, double glazed window to rear, double glazed window to side, double glazed frosted door to rear. First Floor Landing  
Two frosted double glazed windows to front, central heating thermostat, coved ceiling, access to loft, Built in cylinder cupboard, door to: Bathroom  
Three piece suite with panelled bath, pedestal wash hand basin and low-level WC, tiled walls, laminate flooring, frosted double glazed window to rear, radiator. Bedroom 1 5.08m (16'8") x 2.69m (8'10") max
Two double glazed windows to front, double radiator. Bedroom 2 3.51m (11'6") x 3.45m (11'4")
Double glazed window to rear, radiator, coved ceiling. Bedroom 3 2.58m (8'6") x 2.45m (8')
Double glazed window to rear, radiator. Outside
Front garden providing off road parking facilities, with two mature trees which need lopping or taking down. Good size private rear garden which is not overlooked, but is completely overgrown and needs a considerable amount of work.

Agent Details

Maurice Kilbride Independent Estate Agents, Cheadle

0161 524 3132

Next Steps?

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