2 Bed Terraced House, Single Let, Stockport, SK4 1NE, £190,000

Lloyd Street, Heaton Norris, Stockport, SK4 1NE - 8 months ago

Sold STC
BTL
ROI: 2%
~102 m²
+4 photos

ValuationUndervalued

Sold Prices£120K - £250K
Sold Prices/m²£1.5K/m² - £4.2K/m²

 

 

Square Metres

~101.60 m²
Price/m²£1.9K/m²

Value Estimate

£231,800
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£695 - £1,400

Rent Estimate

£875

Running Costs/mo

£789

Cashflow/mo

£86

Cashflow/yr

£1,035

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £120K to £250K, average is £176K. £1.5K/m² to £4.2K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£170K03/210.02 mi60, Churchill Street, Heaton Norris, Stockport, Greater Manchester SK4 1ND2
£130K03/210.02 mi22, Churchill Street, Stockport, Greater Manchester SK4 1ND2
£165K03/210.04 mi63, Lloyd Street, Stockport, Greater Manchester SK4 1NE2
£217.5K06/230.04 mi29, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£176K01/210.04 mi49, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£176.5K11/200.04 mi19, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£192.5K05/230.04 mi28, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£200K06/230.04 mi24, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£208K04/230.04 mi31, Churchill Street, Heaton Norris, Stockport, Greater Manchester SK4 1NB2
£154K11/200.04 mi49, Churchill Street, Stockport, Greater Manchester SK4 1NB2
£211.4K02/230.04 mi4, Samuel Street, Stockport, Greater Manchester SK4 1NG2
£167.6K03/210.04 mi12, Samuel Street, Stockport, Greater Manchester SK4 1NG2
£166.5K11/210.05 mi1, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£153K10/200.06 mi22, Ellen Street, Stockport, Greater Manchester SK4 1LZ2
£147K11/200.06 mi49, Basil Street, Stockport, Greater Manchester SK4 1QL2
£203K12/220.07 mi56, Lloyd Street, Stockport, Greater Manchester SK4 1NE2
£185K02/230.1 mi62, Belmont Street, Stockport, Greater Manchester SK4 1QW2
£180K05/210.1 mi23, Bardsley Street, Stockport, Greater Manchester SK4 1QB2
£176K04/230.12 mi4, Cromwell Street, Stockport, Greater Manchester SK4 1LY2
£135K12/200.12 mi16, Cromwell Street, Stockport, Greater Manchester SK4 1LY2
£220K01/230.12 mi14, Grafton Street, Stockport, Greater Manchester SK4 1QG2
£130K03/210.12 mi19, Cheviot Close, Stockport, Greater Manchester SK4 1JW2
£162.5K05/210.14 mi28, Burton Street, Stockport, Greater Manchester SK4 1QF2
£168.5K12/200.14 mi2, Burton Street, Stockport, Greater Manchester SK4 1QF2
£175K09/210.15 mi69, Sharples Street, Stockport, Greater Manchester SK4 1QE2
£214K11/210.15 mi42, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£186K03/230.15 mi49, Sharples Street, Stockport, Greater Manchester SK4 1QE2
£215K01/230.15 mi75, Church Street, Stockport, Greater Manchester SK4 1JH2
£189.5K01/230.15 mi28, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£170K02/210.15 mi53, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£192.3K06/210.15 mi16, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£145.5K02/210.15 mi3, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£135K04/210.15 mi71, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£187.5K07/230.15 mi10, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£163K05/230.15 mi31, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£180K05/230.17 mi45, Church Street, Stockport, Greater Manchester SK4 1JQ2
£185K03/210.17 mi153, Hesketh Street, Stockport, Greater Manchester SK4 1TL2
£125K10/200.23 mi36, Southdown Close, Stockport, Greater Manchester SK4 1LD2
£179K07/210.29 mi58, Love Lane, Stockport, Greater Manchester SK4 1JA2
£225K12/220.29 mi15, Dunblane Avenue, Stockport, Greater Manchester SK4 2LY2
£250K08/210.29 mi16, Dunblane Avenue, Stockport, Greater Manchester SK4 2LY2
£175K01/230.29 mi4, Morton Street, Stockport, Greater Manchester SK4 1PU2
£160K04/210.29 mi16, Morton Street, Stockport, Greater Manchester SK4 1PU2
£135K11/200.3 mi32, Reuben Street, Stockport, Greater Manchester SK4 1PS2
£120K11/200.3 mi38, Reuben Street, Stockport, Greater Manchester SK4 1PS2
£210K11/200.32 mi19, Kingsley Avenue, Stockport, Greater Manchester SK4 1PW2
£250K05/210.32 mi20, Church Road, Stockport, Greater Manchester SK4 1LJ2
£175K12/220.33 mi33, Reuben Street, Stockport, Greater Manchester SK4 1PS2
£210K03/210.34 mi8, The Parklands, Stockport, Greater Manchester SK4 1QZ2
£131K12/200.36 mi19, Manvers Street, Stockport, Greater Manchester SK5 7RQ2

Local Rents

38 rents from £695/mo to £1.4K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£90008/240.02 miChurchill Street, Heaton Norris, Stockport, SK42
£1,05009/240.06 miChurchill Street, Heaton Norris, Stockport, SK42
£1,00011/240.09 mi-2
£69508/240.09 mi-2
£1,00008/240.1 miAthol Street, Stockport, Greater Manchester, SK42
£95001/240.13 mi-2
£1,15008/240.15 miSharples Street, Stockport, Greater Manchester, SK42
£1,10008/240.15 mi-2
£1,00009/240.15 miBurton Street, Heaton Norris, Stockport, Cheshire, SK42
£1,20008/240.15 miBelmont Close, Stockport, Cheshire, SK42
£1,25008/240.15 mi-2
£82511/240.16 mi-2
£1,12508/240.18 mi-2
£95008/240.18 miHesketh Street, Stockport, Greater Manchester, SK42
£80008/240.18 miStitch Lane, Wellington Court, Heaton Norris, SK42
£95009/240.18 miStitch Lane, Wellington Court, Heaton Norris, SK42
£89509/240.19 miStitch Lane, Heaton Norris2
£1,10006/240.29 mi-2
£1,00009/240.3 mi-2
£85012/240.34 mi-2
£1,40009/240.37 miParsonage Street, Stockport, Greater Manchester, SK42
£1,25008/240.47 miPasha, Wellington Road North2
£1,25009/240.47 miPasha, Wellington Road North2
£99511/240.5 mi-2
£1,10008/240.53 miBroughton Road, Stockport, Greater Manchester, SK52
£1,00009/240.54 miLea Road, Stockport2
£95009/240.54 miHilda Grove, Reddish, Stockport, SK52
£95009/240.55 miMelton Street, Stockport, Cheshire, SK52
£1,35009/240.55 mi-2
£1,25008/240.55 mi-2
£1,25009/240.55 miWestacre house, Stockport, SK42
£1,20003/250.56 mi-2
£1,15008/240.56 miHilda Grove, Stockport, Greater Manchester, Cheshire, SK52
£87509/240.59 miWellington Road North, Heaton Chapel2
£95009/240.59 miNorris Hill Drive, Heaton Norris, Stockport2
£95008/240.61 miBangor Street, Stockport, Greater Manchester, SK52
£90008/240.61 miHeaton Moor Road, Stockport2
£99502/240.62 mi-2

Local Area Statistics

Population in SK4

34,510

Population in Stockport

181,140

Town centre distance

2.58 miles away

Nearest school

0.10 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £190,000

August 21, 2024

Floor Plans

Description

Chain-free and larger-than-average two bedroom end-of-terrace home in need of minor refurbishment that will appeal to homeowners and landlords alike seeking a home to put their own stamp on. Promising generous accommodation over three floors spanning almost 1100 square feet and with pleasant views of Grafton Street Park, the property is sure to impress with early viewings recommended.

Lloyd Street is ideally located in the popular residential setting of Heaton Norris with this property in particular just a stone’s throw away from Grafton Street park. The property is within walking distance to an Asda Supermarket which is a five minute walk away with further retail at the nearby Merseyway Shopping centre. Transport links are also excellent with the M60 Ring Road a mere five minute drive away and the A6 providing equally convenient access to the City Centre.

Entering through the porch, the property itself is briefly comprised of: living room to the front, second reception room to the rear with fireplace that could serve as a dining room, a kitchen to the very rear with contemporary units and tiling, two double bedrooms upstairs each with attractive integrated wardrobes, a family bath/shower room off the rear bedroom comprised of a four-piece suite, and three cellar chambers downstairs offering ample opportunity for storage and further development (subject to planning/regulations).

Externally, there are low -maintenance gardens to the front and rear. The rear garden is west-facing and enjoys the sun throughout the afternoon.

Agent Details

Julian Wadden, Heaton Moor

0161 524 6124

Next Steps?

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