8 Bed HMO, Buxton, SK17 6LU £300,000

1 Dale Terrace, Buxton, Derbyshire, SK17 6LU - a year ago
HMO
Outside Article 4
ROI: 22%
~190 m²
Property image

ValuationUndervalued

Sold Prices£156K - £720K
Sold Prices/m²£1.4K/m² - £5.1K/m²

 

 

Square Metres

~189.60 m²
Price/m²£1.6K/m²

Value Estimate

£360,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Total Cash In

£96,200

 

 

Cash Out

 

Room Rate

£555

Gross Rent

£4,440

Running Costs/mo

£2,708

Cashflow/mo

£1,732

Cashflow/yr

£20,783

ROI

22%

Gross Yield

18%

Local Sold Prices

50 sold prices from £156K to £720K, average is £392.6K. £1.4K/m² to £5.1K/m², average is £3K/m².

Price
Date
Distance
Address
Beds
 
£395K06/210.04 mi30, London Road, Buxton, Derbyshire SK17 9NX4
£240K09/210.07 mi8, Ash Street, Buxton, Derbyshire SK17 6LL4
£265K02/230.07 mi31, Dale Road, Buxton, Derbyshire SK17 6LN4
£162.6K01/230.08 mi59, London Road, Buxton, Derbyshire SK17 9NY4
£493K11/220.12 mi12, Spencer Road, Buxton, Derbyshire SK17 9DT4
£259K06/230.15 mi18, Torr Street, Buxton, Derbyshire SK17 6HW4
£480K02/230.15 mi24, Compton Grove, Buxton, Derbyshire SK17 9DW4
£262.8K11/210.16 mi24, Torr Street, Buxton, Derbyshire SK17 6HW4
£330K05/210.18 mi10, Bath Road, Buxton, Derbyshire SK17 6HH4
£250K05/210.2 miStone Haven, Hartington Road, Buxton, Derbyshire SK17 6JW4
£472.9K01/230.2 mi13, Hartington Road, Buxton, Derbyshire SK17 6JW4
£347K06/230.21 mi7, Heath Grove, Buxton, Derbyshire SK17 9EH4
£700K09/230.25 mi51, Green Lane, Buxton, Derbyshire SK17 9DL4
£435K06/210.27 mi4, Calesdale Close, Buxton, Derbyshire SK17 9RH4
£720K12/240.31 mi51, Green Lane, Buxton SK17 9DL4
£275K07/230.32 mi133, Dale Road, Buxton, Derbyshire SK17 6PD4
£345K09/210.34 mi24, Solomons View, Buxton, Derbyshire SK17 6PF4
£430K07/230.34 mi2, Solomons View, Buxton, Derbyshire SK17 6PF4
£330K05/210.34 mi16, Solomons View, Buxton, Derbyshire SK17 6PF4
£425K09/230.35 mi2, Ashwood Close, Buxton, Derbyshire SK17 6PH4
£390.2K11/210.37 mi18, Ecclesbourne Drive, Buxton, Derbyshire SK17 9BX4
£350K10/240.39 mi26, Ecclesbourne Drive, Buxton SK17 9BX4
£310K05/250.4 mi56, Solomons View, Buxton SK17 6PF4
£310K05/250.4 mi56, Solomons View, Buxton SK17 6PF4
£289K01/250.4 mi15, Holker Road, Buxton SK17 6QN4
£578K02/250.42 mi17, Lismore Road, Buxton SK17 9AZ4
£455K03/230.45 mi34, Errwood Avenue, Buxton, Derbyshire SK17 9BD4
£500K02/230.45 mi27, Errwood Avenue, Buxton, Derbyshire SK17 9BD4
£315K09/210.51 mi31, Lismore Road, Buxton, Derbyshire SK17 9AN4
£480K09/230.51 mi54, Lismore Road, Buxton, Derbyshire SK17 9AN4
£575K06/210.52 mi197, Park Road, Buxton, Derbyshire SK17 6SF4
£565K09/230.52 mi193, Park Road, Buxton, Derbyshire SK17 6SF4
£432.5K03/250.57 mi1, Palace Road, Buxton SK17 6AF4
£432.5K03/250.57 mi1, Palace Road, Buxton SK17 6AF4
£515K12/240.57 mi21, Wye Head Close, Buxton SK17 9AX4
£224.5K08/210.58 mi20, Victoria Park Road, Buxton, Derbyshire SK17 7PU4
£230K06/230.58 mi49, Victoria Park Road, Buxton, Derbyshire SK17 7PU4
£180K05/210.58 mi2, Victoria Park Road, Buxton, Derbyshire SK17 7PU4
£555K01/250.58 mi110, Green Lane, Buxton SK17 9DQ4
£440K05/210.6 mi79, Park Road, Buxton, Derbyshire SK17 6SN4
£480K06/210.62 mi1, The Glade, Buxton, Derbyshire SK17 6SL4
£225K07/230.65 mi17, Windsor Road, Buxton, Derbyshire SK17 7NS4
£585K08/250.65 mi4, The Paddock, Buxton SK17 6XR4
£280K12/220.69 mi4, Windsor Road, Buxton, Derbyshire SK17 7NR4
£287K08/210.7 mi31, Central Drive, Buxton, Derbyshire SK17 9RT4
£600K10/230.7 mi16, Carlisle Grove, Buxton, Derbyshire SK17 6XP4
£156K10/210.71 mi69, Fairfield Road, Buxton, Derbyshire SK17 7HA4
£267K01/250.74 mi6, Windsor Park Road, Fairfield, Buxton SK17 7NP4
£435K12/210.75 mi3, Sycamore Close, Buxton, Derbyshire SK17 6FB4
£425K09/210.76 mi106, St Johns Road, Buxton, Derbyshire SK17 6UT4

Local Area Statistics

Population in SK17

31,870

Population in Buxton

31,910

Town centre distance

0.40 miles away

Nearest school

0.20 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Price changed to £300,000

March 24, 2025

Listed for £325,000

September 20, 2024

Sold for £180,000

2012

Sold for £112,000

2000

Floor Plans

Property image

Description

  • 8 Spacious Bedrooms +
  • Reception Room +
  • High Rental Yield +
  • Prime Location +

This impressive end-of-terrace property, currently utilized as a House in Multiple Occupation (HMO), presents an outstanding investment opportunity with significant income potential. Featuring 8 spacious bedrooms, 1 reception room, and 3 well-maintained bathrooms, this property is designed to accommodate a large number of tenants comfortably. The flexible layout ensures that it can either continue its current use or be transformed to meet different needs, providing investors with versatility and options.

The property is ideally situated in a desirable location, close to a variety of amenities that enhance its appeal to potential tenants. Its position in a vibrant neighbourhood ensures high demand for rental units, which contributes to its strong income potential.

With the option to acquire the property either with the existing tenants in place or as a vacant space ready for new occupants, this HMO presents a unique opportunity to maximize returns from day one. Whether you're seeking a high-yield investment or a property with room for growth and customization, this property stands out as a prime choice in today’s market.

Agent Details

Bridgfords, Buxton

01298 608981

Next Steps?

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