3 Bed Terraced House, Single Let, Stockport, SK5 6NJ, £190,000

Aigburth Grove, Reddish, SK5 6NJ - 1 views - 7 months ago

Sold STC

BTL

ROI: 6%

~93 m²

+8 photos

ValuationUndervalued

Sold Prices	£80K - £297K
Sold Prices/m²	£1.2K/m² - £3.9K/m²

Square Metres	~93 m²
Price/m²	£2K/m²
Value Estimate	£237,500£237,500
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£47,500£47,500
Stamp Duty & Legal Fees	£6,900£6,900
Total Cash In	£54,400£54,400

Cash Out
Rent Range	£950 - £3,300£950 - £3,300
Rent Estimate	£1,088
Running Costs/mo	£831£831
Cashflow/mo	£257£257
Cashflow/yr	£3,080£3,080
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £80K to £297K, average is £190K. £1.2K/m² to £3.9K/m², average is £2.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£178.1K	02/21	0.03 mi	4, Aigburth Grove, Stockport, Greater Manchester SK5 6NJ	-	-	3	Terraced House
£179K	12/20	0.07 mi	46, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ	£1,884	95	3	Semi-Detached House
£265K	06/23	0.07 mi	1, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ	£2,341	113	3	Terraced House
£177K	02/21	0.12 mi	421, Gorton Road, Stockport, Greater Manchester SK5 6LR	£2,133	83	3	Terraced House
£190K	12/21	0.12 mi	12, Bispham Avenue, Stockport, Greater Manchester SK5 6NT	£3,005	63	3	Semi-Detached House
£175K	12/20	0.13 mi	23, Beresford Crescent, Stockport, Greater Manchester SK5 6NU	-	-	3	Semi-Detached House
£270K	05/22	0.13 mi	26, Beresford Crescent, Stockport, Greater Manchester SK5 6NU	£3,896	69	3	Detached House
£160K	10/20	0.16 mi	85, Criterion Street, Stockport, Greater Manchester SK5 6RY	£2,353	68	3	Terraced House
£179.6K	01/23	0.16 mi	79, Criterion Street, Stockport, Greater Manchester SK5 6RY	£2,331	77	3	Terraced House
£235K	11/21	0.17 mi	36, Howden Close, Stockport, Greater Manchester SK5 6XW	£3,561	66	3	Terraced House
£80K	03/21	0.17 mi	24, Howden Close, Stockport, Greater Manchester SK5 6XW	£1,194	67	3	Terraced House
£170K	08/21	0.17 mi	6, Howden Close, Stockport, Greater Manchester SK5 6XW	-	-	3	Terraced House
£155K	02/21	0.17 mi	5, Howden Close, Stockport, Greater Manchester SK5 6XW	£2,313	67	3	Terraced House
£175K	10/21	0.18 mi	42, Broadfield Grove, Stockport, Greater Manchester SK5 6XN	-	-	3	Terraced House
£186.5K	10/21	0.18 mi	11, Broadfield Grove, Stockport, Greater Manchester SK5 6XN	£2,799	67	3	Terraced House
£170K	03/21	0.18 mi	21, Broadfield Grove, Stockport, Greater Manchester SK5 6XN	£2,500	68	3	Semi-Detached House
£145K	04/21	0.18 mi	5, Tindall Street, Stockport, Greater Manchester SK5 6QZ	£1,576	92	3	Terraced House
£165K	08/21	0.19 mi	21, Bradfield Close, Stockport, Greater Manchester SK5 6XP	-	-	3	Terraced House
£152K	11/20	0.19 mi	34, Bradfield Close, Stockport, Greater Manchester SK5 6XP	£1,551	98	3	Terraced House
£175K	01/21	0.19 mi	16, Bradfield Close, Stockport, Greater Manchester SK5 6XP	£2,612	67	3	Semi-Detached House
£220K	07/21	0.19 mi	18, Farn Avenue, Reddish, Stockport, Greater Manchester SK5 6NQ	£2,444	90	3	Semi-Detached House
£220K	09/21	0.23 mi	59, Thornley Lane North, Stockport, Greater Manchester SK5 6QR	£2,619	84	3	Semi-Detached House
£216K	06/23	0.25 mi	120, Thornley Lane South, Stockport, Greater Manchester SK5 6QW	-	-	3	Semi-Detached House
£220K	06/23	0.25 mi	117, Thornley Lane South, Stockport, Greater Manchester SK5 6QW	-	-	3	Semi-Detached House
£170K	11/20	0.26 mi	78, Browning Road, Stockport, Greater Manchester SK5 6JT	£1,889	90	3	Terraced House
£263K	06/23	0.26 mi	4, Middleton Road, Stockport, Greater Manchester SK5 6SG	£3,058	86	3	Semi-Detached House
£173K	11/21	0.27 mi	75, Somerford Road, Stockport, Greater Manchester SK5 6QA	£2,746	63	3	Terraced House
£253K	10/23	0.28 mi	7, Wainwright Avenue, Denton, Manchester, Greater Manchester M34 2WW	-	-	3	Semi-Detached House
£150K	01/21	0.29 mi	3, Criterion Street, Stockport, Greater Manchester SK5 6SA	£2,419	62	3	Terraced House
£187.5K	03/21	0.29 mi	1, Criterion Street, Stockport, Greater Manchester SK5 6SA	£2,976	63	3	Terraced House
£222.5K	12/22	0.29 mi	43, Coleridge Road, Stockport, Greater Manchester SK5 6JU	£2,649	84	3	Terraced House
£170K	11/20	0.3 mi	23, Betley Road, Stockport, Greater Manchester SK5 6SE	£2,329	73	3	Semi-Detached House
£190K	02/21	0.3 mi	74, Lindfield Road, Stockport, Greater Manchester SK5 6SF	£2,962	64	3	Semi-Detached House
£170K	04/21	0.31 mi	37, Belvedere Avenue, Stockport, Greater Manchester SK5 6QJ	-	-	3	Terraced House
£170K	03/21	0.31 mi	8, Belvedere Avenue, Stockport, Greater Manchester SK5 6QJ	£2,267	75	3	Terraced House
£259K	01/23	0.32 mi	52, Granada Road, Denton, Manchester, Greater Manchester M34 2LJ	£2,846	91	3	Semi-Detached House
£257K	07/21	0.32 mi	2, Granada Road, Denton, Manchester, Greater Manchester M34 2LJ	£3,060	84	3	Semi-Detached House
£190K	10/21	0.32 mi	24, Fir Tree Avenue, Stockport, Greater Manchester SK5 6BF	£2,500	76	3	Semi-Detached House
£231K	03/23	0.33 mi	128, Thornley Lane South, Stockport, Greater Manchester SK5 6QL	£2,756	84	3	Terraced House
£194K	10/21	0.33 mi	14, Ruskin Road, Stockport, Greater Manchester SK5 6JS	-	-	3	Terraced House
£265K	04/21	0.34 mi	44, Longford Road West, Stockport, Greater Manchester SK5 6ET	-	-	3	Semi-Detached House
£250K	04/24	0.34 mi	11, Hewitt Avenue, Denton, Manchester, Greater Manchester M34 2NP	£2,717	92	3	Semi-Detached House
£228K	04/23	0.34 mi	10, Hewitt Avenue, Denton, Manchester, Greater Manchester M34 2NP	-	-	3	Semi-Detached House
£200K	11/20	0.34 mi	20, Hewitt Avenue, Denton, Manchester, Greater Manchester M34 2NP	£2,561	78	3	Semi-Detached House
£283K	03/23	0.34 mi	4, Cordova Avenue, Denton, Manchester, Greater Manchester M34 2WP	£2,573	110	3	Semi-Detached House
£229K	12/20	0.34 mi	20, Cordova Avenue, Denton, Manchester, Greater Manchester M34 2WP	£2,694	85	3	Semi-Detached House
£297K	08/23	0.34 mi	27, Cordova Avenue, Denton, Manchester, Greater Manchester M34 2WP	£3,000	99	3	Semi-Detached House
£265K	04/24	0.34 mi	1, Granada Road, Denton, Manchester, Greater Manchester M34 2LL	-	-	3	Semi-Detached House
£237K	06/23	0.35 mi	66, Ash Road, Denton, Manchester, Greater Manchester M34 2NH	-	-	3	Terraced House
£230K	10/21	0.35 mi	51, Middleton Road, Stockport, Greater Manchester SK5 6SH	£3,194	72	3	Semi-Detached House

Local Rents

50 rents from £950/mo to £3.3K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,450	03/25	0.05 mi	-	3	Semi-Detached House
£1,300	03/25	0.06 mi	-	3	Terraced House
£1,350	08/24	0.07 mi	Cravenwood Road, Reddish, Stockport, Greater Manchester, SK5	3	Terraced House
£1,050	08/24	0.13 mi	-	3	Terraced House
£1,600	03/25	0.17 mi	-	3	Terraced House
£1,100	09/24	0.19 mi	Bradfield Close, North Reddish, SK5	3	Terraced House
£1,200	09/24	0.19 mi	Bradfield Close, North Reddish, SK5	3	Terraced House
£1,200	09/24	0.25 mi	Thornley Lane North, Stockport	3	Semi-Detached House
£1,100	09/24	0.26 mi	-	3	Semi-Detached House
£1,250	02/25	0.27 mi	-	3	Terraced House
£1,275	09/24	0.28 mi	-	3	Bungalow
£1,050	08/24	0.29 mi	Criterion Street, Stockport, Greater Manchester, SK5	3	Terraced House
£1,350	05/24	0.31 mi	Shillingford Road, Manchester, Greater Manchester, M18	3	Detached House
£1,300	12/24	0.33 mi	-	3	Terraced House
£1,275	03/25	0.33 mi	-	3	Semi-Detached House
£1,300	09/24	0.33 mi	-	3	Semi-Detached House
£1,350	05/24	0.33 mi	Fylde Lane, Manchester, M18	3	House
£1,350	05/24	0.34 mi	Fylde Lane, Gorton	3	House
£1,500	05/24	0.34 mi	Shillingford Road, Manchester, M18	3	Terraced House
£1,500	05/24	0.35 mi	Rainshaw Lane, Manchester, M18	3	Terraced House
£1,390	02/24	0.35 mi	-	3	Semi-Detached House
£1,300	05/24	0.35 mi	-	3	Terraced House
£1,600	05/24	0.35 mi	-	3	Terraced House
£1,500	02/24	0.35 mi	-	3	Terraced House
£1,200	09/24	0.35 mi	Somers Road, Stockport, Cheshire, SK5	3	Semi-Detached House
£1,350	12/24	0.36 mi	-	3	Semi-Detached House
£1,400	05/24	0.36 mi	-	3	Semi-Detached House
£1,400	05/24	0.36 mi	-	3	Semi-Detached House
£1,390	12/23	0.37 mi	-	3	Semi-Detached House
£1,600	05/24	0.37 mi	Shillingford Road, Manchester, M18	3	Detached House
£1,700	05/24	0.37 mi	-	3	Detached House
£1,650	12/24	0.37 mi	-	3	Detached House
£1,350	12/24	0.37 mi	-	3	Detached House
£1,645	10/24	0.37 mi	-	3	Detached House
£1,495	03/25	0.37 mi	-	3	Terraced House
£1,500	12/24	0.38 mi	-	3	Semi-Detached House
£1,200	05/24	0.38 mi	Nutmeg Drive, Gorton, Manchester, M18	3	Semi-Detached House
£1,450	02/25	0.39 mi	-	3	Terraced House
£1,350	03/25	0.39 mi	-	3	Terraced House
£1,195	05/24	0.39 mi	Mayfield Grove, Manchester, M18	3	Terraced House
£1,295	05/24	0.42 mi	-	3	Terraced House
£3,300	12/24	0.42 mi	-	3	Flat
£3,300	02/25	0.42 mi	-	3	Flat
£3,300	02/25	0.42 mi	-	3	Flat
£2,600	02/25	0.42 mi	-	3	Semi-Detached House
£950	08/24	0.42 mi	-	3	Semi-Detached House
£1,350	09/24	0.43 mi	-	3	Semi-Detached House
£1,350	03/25	0.43 mi	-	3	Semi-Detached House
£1,100	08/24	0.43 mi	Somers Road, Stockport	3	Flat
£1,200	12/24	0.48 mi	Royston Avenue, Denton, Manchester, Greater Manchester, M34	3	Semi-Detached House

Local Area Statistics

Population in SK5	29,53829,538
Population in Stockport	181,140181,140
Town centre distance	4.38 miles away4.38 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.19 miles away0.19 miles away

Rental growth (12m)	+28%+28%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+48%+48%

Property History

Listed for £190,000

September 5, 2024

Floor Plans

Description

Three Bedroom Terrace Home +
Potential To Put Own Stamp On +
Beautiful Gardens +
Downstairs Shower Room +
Five-Minute Walk To Train Station +

A very warm welcome to Aigburth Grove, the ideal project for a YOUNG AND GROWING FAMILY or as INVESTMENT. This THREE BEDROOM TERRACE HOME is situated in a popular residential location of NORTH REDDISH and is only a FIVE-MINUTE WALK AWAY from Reddish North Train Station and major bus routes into MANCHESTER CITY CENTRE. This property is perfect for those seeking a home to put their own stamp on and briefly comprises of; an inviting entrance hall, a large living room with dining space, a downstairs shower room, a fitted kitchen, three spacious bedrooms and a three-piece family bathroom. Externally, you will find the property benefits from beautiful front and rear gardens with lots of potential and great for entertaining and alfresco dining in the Summer months. Please call the Reddish branch to arrange a viewing!