4 Bed Detached House, Refurb/BRRR, Stockport, SK3 0WD, £450,000

Avondale Road, Cheadle Heath, SK3 0WD - 7 months ago

Sold STC
Refurb/BRRR
~149 m²
+19 photos

ValuationFair Value

Sold Prices£217.5K - £880K
Sold Prices/m²£1.9K/m² - £5.3K/m²

 

 

Square Metres

~149.40 m²
Price/m²£3K/m²

Value Estimate

£459,000

 

 

End Value (After Refurb)

£446,248

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£36,200

Refurb Costs

£62,973

Bridging Loan Interest

£11,813

Total Cash In

£225,235

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£446,248

Mortgage (After Refinance)

£334,686

Mortgage LTV

75%

Cash Left In

£225,235

Equity

£111,562

Rent Range

£1,100 - £2,000

Rent Estimate

£1,416

Running Costs/mo

£1,698

Cashflow/mo

£-282

Cashflow/yr

£-3,381

Gross Yield

4%

Local Sold Prices

49 sold prices from £217.5K to £880K, average is £375K. £1.9K/m² to £5.3K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£315K04/210.04 mi88, Avondale Road, Stockport, Greater Manchester SK3 0DA4
£270K05/210.06 mi48, Scholars Drive, Stockport, Greater Manchester SK3 0BS4
£325K01/210.12 mi80, St Lesmo Road, Stockport, Greater Manchester SK3 0TY4
£287.5K06/230.14 mi9, Penrhyn Road, Stockport, Greater Manchester SK3 9NZ4
£275K02/210.29 mi10, The Circuit, Stockport, Greater Manchester SK3 9RN4
£295K03/210.31 mi81, Cheadle Old Road, Stockport, Greater Manchester SK3 9RH4
£297K12/200.46 mi7, Ingle Road, Cheadle, Greater Manchester SK8 2EU4
£401K06/210.47 mi16, Sykes Meadow, Stockport, Greater Manchester SK3 9RJ4
£250K01/210.48 mi5, Bloom Street, Stockport, Greater Manchester SK3 9LA4
£345K05/210.54 mi80, Craig Road, Stockport, Greater Manchester SK4 2BG4
£394K09/210.55 mi57, Craig Road, Stockport, Greater Manchester SK4 2AP4
£385K05/230.56 mi9, Emlyn Grove, Cheadle, Greater Manchester SK8 2EY4
£320K06/210.59 mi10, Sherwood Avenue, Stockport, Greater Manchester SK4 2BP4
£370K03/230.59 mi6, St Margarets Road, Cheadle, Greater Manchester SK8 2HD4
£360K01/230.61 mi27, Moscow Road, Stockport, Greater Manchester SK3 9QB4
£290K02/210.62 mi4, Gladville Drive, Cheadle, Greater Manchester SK8 2HA4
£338K05/210.68 mi7, Kenilworth Road, Stockport, Greater Manchester SK3 0QU4
£380K10/220.68 mi4, Kenilworth Road, Stockport, Greater Manchester SK3 0QU4
£290K06/210.68 mi9, Bangor Road, Cheadle, Greater Manchester SK8 2EH4
£375K06/210.69 mi118, Craig Road, Stockport, Greater Manchester SK4 2BN4
£313K03/230.69 mi31, Petersburg Road, Stockport, Greater Manchester SK3 9QY4
£485K05/230.71 mi23, Tennyson Close, Stockport, Greater Manchester SK4 2ED4
£436K01/210.71 mi13, Tennyson Close, Stockport, Greater Manchester SK4 2ED4
£270K01/210.71 mi11, Newby Road, Stockport, Greater Manchester SK4 2JJ4
£325K08/220.73 mi5, Petrel Close, Stockport, Greater Manchester SK3 8US4
£420K01/230.79 mi12, Shakespeare Drive, Cheadle, Greater Manchester SK8 2DA4
£475K03/210.8 mi107, Valley Road, Stockport, Greater Manchester SK4 2DB4
£405K06/210.8 mi87, Valley Road, Stockport, Greater Manchester SK4 2DB4
£480K05/230.8 mi83, Valley Road, Stockport, Greater Manchester SK4 2DB4
£310K08/230.83 mi21, Granville Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QL4
£330.3K06/210.85 mi25, Palmer Avenue, Cheadle, Greater Manchester SK8 2DF4
£217.5K03/210.86 mi4, Abbeyfield Close, Stockport, Greater Manchester SK3 8EH4
£520K04/230.86 mi8, Locksley Close, Stockport, Greater Manchester SK4 2LW4
£525K02/210.86 mi30, Locksley Close, Stockport, Greater Manchester SK4 2LW4
£264K03/210.87 mi8, Deneway Close, Stockport, Greater Manchester SK4 2HX4
£546K05/230.89 mi3, Cannock Drive, Heaton Mersey, Stockport, Greater Manchester SK4 3JB4
£450K06/210.9 mi38, Wittenbury Road, Stockport, Greater Manchester SK4 3LY4
£595K12/200.92 mi3, Queens Close, Stockport, Greater Manchester SK4 3JL4
£595K12/200.92 mi3, Queens Close, Stockport, Greater Manchester SK4 3JL4
£390K07/230.93 mi53, Councillor Lane, Cheadle, Greater Manchester SK8 2HX4
£390K07/230.93 mi53, Councillor Lane, Cheadle, Greater Manchester SK8 2HX4
£486.5K02/210.96 mi31, Fullerton Road, Stockport, Greater Manchester SK4 4EN4
£280K12/200.97 mi2, Dryden Avenue, Cheadle, Greater Manchester SK8 2AW4
£475K01/230.98 mi32, Nursery Road, Stockport, Greater Manchester SK4 2NE4
£348K03/210.99 mi19, The Green, Stockport, Greater Manchester SK4 2NP4
£880K12/200.99 mi11, Highfield Park, Stockport, Greater Manchester SK4 3HD4
£400K05/231 mi13, Bankhall Road, Stockport, Greater Manchester SK4 3JR4
£450K06/211 mi23, Bankhall Road, Stockport, Greater Manchester SK4 3JR4
£385K03/211 mi12, Barnard Avenue, Stockport, Greater Manchester SK4 4EP4

Local Rents

21 rents from £1.1K/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30008/240.2 mi-3
£1,30008/240.2 miAvondale Road, Stockport, SK33
£1,25008/240.35 miChatham Street, Edgeley, Stockport, SK33
£1,20008/240.37 miShaftsbury road Cheadle Heath SK33
£1,30012/240.38 miCheltenham Road, Stockport, Greater Manchester, SK3 0SL3
£1,60008/240.39 mi-4
£1,49502/250.43 mi-3
£1,75012/240.44 mi-3
£1,20008/240.45 miBirchfield Road, Stockport, Greater Manchester, SK33
£1,45012/240.46 miSykes Meadow, Stockport, Cheshire, SK33
£2,00003/250.47 mi-3
£1,55012/240.47 miEuropa Way, Cheadle, Stockport SK33
£1,30012/240.47 miStockport Road, Cheadle Heath, Stockport, SK3 0RG3
£1,45012/240.5 miPetersburg Road, Edgeley, Stockport, SK33
£1,30012/240.51 miDorrington Road, Stockport, SK33
£1,40008/240.54 miChatham Street, Edgeley, Stockport4
£1,35003/250.54 mi-3
£1,10008/240.57 miJennings Street, Stockport, SK3 9BX3
£1,65001/250.59 mi-3
£1,10008/240.62 miGladville Drive, Cheadle, Cheshire, SK83
£1,70012/240.62 miParkway SK33

Local Area Statistics

Population in SK3

27,923

Population in Stockport

181,140

Town centre distance

2.43 miles away

Nearest school

0.10 miles away

Nearest train station

0.88 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Price changed to £450,000

January 23, 2025

Listed for £475,000

September 7, 2024

Floor Plans

Description

  • Book A Viewing By Clicking On The Brochure Link +
  • Allocated Over Four Floors +
  • Master Bedroom Has A Luxurious En-Suite +
  • Cellar For Storage/Utility +
  • M60 Motorway In Close Proximity +
  • Direct Transport Links To Manchester City Centre +
  • Corner Plot Position Set Back From Road +
  • Gated Parking For Multiple Cars +
  • Landscaped Garden +
  • Catchment Area Of Good Schools +

The Property
Stunning Family Home on a Spacious Corner Plot with Park Views

Discover this beautifully presented corner plot family home, nestled at the head of a desirable road and boasting arguably the best position on the street. With breathtaking views over the adjacent park, this property is a rare gem, complete with secured gated parking for six cars and spread over four spacious floors.

Step inside to a grand hallway with a convenient WC, leading to a generous open-plan lounge and dining area, featuring a cozy log burner and a bay window that floods the space with natural light. The impressive kitchen, equipped with integrated appliances and French doors, overlooks the private, low-maintenance landscaped garden—ideal for family gatherings or soaking up the summer sun.

The versatile cellar offers excellent storage options and presents an exciting opportunity for renovation into an additional room, perfect for a home office, playroom, or gym.

The first floor offers three well-sized bedrooms and a newly renovated walk-in shower room, while the second floor reveals a luxurious master suite complete with an en-suite and ample eaves storage.

Located in a highly sought-after area known for its excellent school catchment, this home is perfect for families. Commuters will appreciate the quick access to the M60 and Stockport Train station, providing direct links to Manchester City Centre. Enjoy the convenience of local amenities, parks, and the vibrant communities of Edgeley, Stockport, and Cheadle all within close proximity.

With impressive curb appeal and move-in readiness, this stunning property is not to be missed. Schedule your viewing today!

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Stockport

020 3834 7974

Next Steps?

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