3 Bed Semi-Detached House, Refurb/BRRR, Stockport, SK2 6DL, £190,000

Crawley Grove, Heaviley, Stockport SK2 6DL - 1 views - 7 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+8 photos

ValuationFair Value

Sold Prices£178K - £345K
Sold Prices/m²£2K/m² - £5.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£191,900

 

 

End Value (After Refurb)

£287,206

Uplift in Value

+51%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Refurb Costs

£39,428

Bridging Loan Interest

£4,988

Total Cash In

£104,366

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£287,206

Agent Fees (1%)

£2,872

Bridging Loan

£142,500

Bridging Loan Interest

£4,988

Flip Profit

£37,468

Local Sold Prices

50 sold prices from £178K to £345K, average is £250K. £2K/m² to £5.6K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£325K09/220.05 mi7, Sylvester Avenue, Stockport, Greater Manchester SK2 6DJ3
£210K12/200.08 mi89, Windermere Road, Stockport, Greater Manchester SK1 4NN3
£240K05/230.09 mi49, Lowndes Close, Offerton, Stockport, Greater Manchester SK2 6DW3
£249.5K10/220.09 mi84, Windermere Road, Stockport, Greater Manchester SK1 4NN3
£230K08/210.09 mi104, Windermere Road, Stockport, Greater Manchester SK1 4NN3
£281K12/200.1 mi130, Nangreave Road, Stockport, Greater Manchester SK2 6DG3
£257.1K09/220.11 mi32, Bleatarn Road, Stockport, Greater Manchester SK1 4NP3
£251K06/230.11 mi151, Nangreave Road, Stockport, Greater Manchester SK2 6AH3
£257K12/200.11 mi149, Nangreave Road, Stockport, Greater Manchester SK2 6AH3
£250K10/200.11 mi15, Borth Avenue, Stockport, Greater Manchester SK2 6AJ3
£291K12/220.11 mi1, Borth Avenue, Stockport, Greater Manchester SK2 6AJ3
£345K03/230.11 mi43, Borth Avenue, Stockport, Greater Manchester SK2 6AJ3
£188K02/230.13 mi19, Bleatarn Road, Stockport, Greater Manchester SK1 4NP3
£220K12/200.13 mi12, Borth Avenue, Stockport, Greater Manchester SK2 6AL3
£255K12/220.14 mi51, Patterdale Road, Stockport, Greater Manchester SK1 4NL3
£185K10/200.14 mi25, Lowndes Lane, Stockport, Greater Manchester SK2 6DP3
£280K07/230.14 mi16, Ullswater Road, Stockport, Greater Manchester SK1 4NH3
£246K06/210.14 mi11, Ullswater Road, Stockport, Greater Manchester SK1 4NH3
£200K09/210.14 mi88, Patterdale Road, Stockport, Greater Manchester SK1 4NL3
£178K02/210.14 mi35, Patterdale Road, Stockport, Greater Manchester SK1 4NL3
£283.5K03/230.15 mi133, Lowndes Lane, Stockport, Greater Manchester SK2 6DD3
£231K03/210.15 mi117, Lowndes Lane, Stockport, Greater Manchester SK2 6DD3
£245K04/210.15 mi135, Lowndes Lane, Stockport, Greater Manchester SK2 6DD3
£289K03/230.15 mi127, Lowndes Lane, Stockport, Greater Manchester SK2 6DD3
£225K03/210.15 mi69, Windermere Road, Stockport, Greater Manchester SK1 4NW3
£245K11/210.15 mi56, Windermere Road, Stockport, Greater Manchester SK1 4NW3
£240K01/210.15 mi36, Fernley Road, Stockport, Greater Manchester SK2 6DF3
£285K07/230.15 mi2, Fernley Road, Stockport, Greater Manchester SK2 6DF3
£275K11/200.15 mi172, Lowndes Lane, Stockport, Greater Manchester SK2 6DB3
£285K11/220.16 mi73, Windermere Road, Stockport, Greater Manchester SK1 4NW3
£254K04/230.16 mi22, Worsley Crescent, Stockport, Greater Manchester SK2 6AE3
£248.5K09/220.16 mi49, Patterdale Road, Stockport, Greater Manchester SK1 4NL3
£232K11/200.17 mi29, Borrowdale Road, Stockport, Greater Manchester SK2 6DX3
£245K03/230.17 mi23, Borrowdale Road, Stockport, Greater Manchester SK2 6DX3
£297K07/210.19 mi93, Dialstone Lane, Stockport, Greater Manchester SK2 6AF3
£295K03/210.19 mi99, Nangreave Road, Stockport, Greater Manchester SK2 6DQ3
£250K12/220.21 mi8, Chorlton Grove, Stockport, Greater Manchester SK1 4PT3
£180.5K11/200.21 mi2, Torbay Drive, Stockport, Greater Manchester SK2 6AB3
£207.5K03/210.21 mi6, Torbay Drive, Stockport, Greater Manchester SK2 6AB3
£280K03/210.21 mi15, Torbay Drive, Stockport, Greater Manchester SK2 6AB3
£332K06/210.22 mi9, Aldersgate Road, Stockport, Greater Manchester SK2 6DE3
£220K12/200.22 mi125, Mile End Lane, Stockport, Greater Manchester SK2 6BY3
£285K04/230.23 mi1, Lindbury Avenue, Stockport, Greater Manchester SK2 5SH3
£227.5K05/210.25 mi404, Hempshaw Lane, Stockport, Greater Manchester SK1 4NT3
£262.5K01/230.26 mi9, Windermere Road, Stockport, Greater Manchester SK1 4NF3
£280K12/200.28 mi34, Akesmoor Drive, Stockport, Greater Manchester SK2 6BU3
£275K04/230.28 mi8, Ingle Drive, Stockport, Greater Manchester SK2 5SL3
£183.5K03/210.28 mi30, Maitland Street, Stockport, Greater Manchester SK1 4ND3
£190K10/200.29 mi29, Maple Close, Stockport, Greater Manchester SK2 6HJ3
£269K12/220.29 mi4, Beauvale Avenue, Stockport, Greater Manchester SK2 5SJ3

Local Rents

25 rents from £1.1K/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30008/240.11 miLowndes Lane, Offerton, Stockport, Cheshire, SK23
£1,29502/250.19 mi-3
£1,35009/240.22 miAldersgate Road, Stockport3
£1,40009/240.24 mi-3
£1,40010/240.24 mi-3
£1,40009/240.24 miDialstone Lane, Stockport, SK23
£1,25012/240.33 mi-3
£1,25012/240.33 miBanks Lane, Stockport, SK13
£1,30008/240.4 miBrookfield Avenue, Offerton, Stockport3
£1,30008/240.43 mi-3
£1,30003/250.46 mi-3
£1,65009/240.46 miMarple Road, Stockport, Greater Manchester, SK23
£1,60010/240.47 mi-3
£1,40009/240.49 mi-3
£1,33012/240.5 mi-3
£1,20011/240.5 mi-3
£1,25010/240.51 mi-3
£1,30008/240.53 miNorthcliffe Road, Offerton, Stockport, SK2 5AH3
£1,20011/230.54 miFrome Avenue, Great Moor, Stockport3
£1,10008/240.54 mi-3
£1,42511/230.55 miCountess Street, Heaviley, SK2 6HD3
£1,30011/240.57 mi-3
£1,25003/250.61 mi-3
£1,35008/240.61 miMaxwell Avenue, Stockport, Cheshire, SK23
£1,17508/240.61 mi-3

Local Area Statistics

Population in SK2

29,451

Population in Stockport

181,140

Town centre distance

0.72 miles away

Nearest school

0.30 miles away

Nearest train station

0.73 miles away

 

 

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £190,000

August 23, 2024

Description

**SUMMARY:
Three bed c1930's semi-detached IN NEED OF A FULL PROGRAMME OF MODERNISATION. Cul-de-sac location off Lowndes Lane; close to schools and Aquinas College. Briefly comprises porch, hall, two separate reception rooms, kitchen, three bedrooms, bathroom and separate wc. Dilapidated garage. Rear garden. Shared driveway. Immediate vacant possession is available with no onward chain.

GROUND FLOOR ** **PORCH 
**2.08m x 0.48m (6'10" x 1'7") max. Double glazed windows and double doors, glazed door to hall.  **HALL 
**4.34m x 1.96m (14'3" x 6'5") max. Double glazed windows, electricity meter cupboard, staircase to first floor.  **DINING ROOM (FRONT) 
**3.61m x 3.28m (11'10" x 10'9") max. Into bay with double glazed windows, tiled fireplace.  **SITTING ROOM (REAR) 
**3.78m x 3.28m (12'5" x 10'9") max. Double glazed window, tiled fireplace.  **KITCHEN (REAR) 
**3.78m x 3.28m (12'5" x 10'9") max. Double glazed window, double glazed door to rear garden, stainless steel sink unit, gas cooker point, understairs pantry (with double glazed window and housing gas meter).  FIRST FLOOR **LANDING 
**2.26m x 1.96m (7'5" x 6'5") max. Staircase balustrade, double glazed window, access to loft space.  **BEDROOM 1 (REAR) 
**3.78m x 3.28m (12'5" x 10'9") max. Into bay with double glazed window.  **BEDROOM 2 (FRONT) 
**3.78m x 3.28m (12'5" x 10'9") max. Double glazed window.  **BEDROOM 3 (FRONT) 
**2.03m x 1.98m (6'8" x 6'6") max. Double glazed window.  BATHROOM (REAR)
1.96m x 1.68m (6'5" x 5'6") max. Cast iron enamelled bath, pedestal wash hand basin, HWC cupboard, double glazed window, part tiled walls.  **SEPARATE WC (REAR) 
**1.22m x 0.69m (4'0" x 2'3") max Low level wc, double glazed window.  OUTSIDE **GARAGE
**Detached timber and asbestos garage (dilapidated).  **GARDENS
**Small rear garden, small frontage, boundaries of timber fencing and hedgerows. Joint driveway and hardstanding to side rear.  **TENURE:
**We have been advised by the present owner that the property is Freehold. We would recommend that your conveyancer checks the tenure prior to the exchange of contracts.  **COUNCIL TAX:
**We have been advised that the Council Tax Band is C. All enquiries to Stockport Metropolitan Borough Council.  **ENERGY PERFORMANCE CERTIFICATE:
**The Energy Efficiency Rating is (tba). Further information is available on request and online.  **VIEWING:
**Strictly by appointment through Woodhall Properties . **OPENING HOURS:
**Monday - Thursday 9.00am - 5.30pm, Friday 9.00am - 5.00pm, Saturday 9.00am - 4.00pm and Sunday 12.00pm - 4.00pm

Agent Details

Woodhall Properties, Hazel Grove

0161 483 5100

Next Steps?

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