2 Bed Terraced House, Refurb/BRRR, Bredbury, SK6 5PT, £290,000

85 Moor End Road, Stockport, Greater Manchester, SK6 5PT - 6 months ago

Sold STC
Refurb/BRRR
97 m²
+5 photos

ValuationOvervalued

Sold Prices£142K - £600K
Sold Prices/m²£2.1K/m² - £4.7K/m²

 

 

Square Metres

97 m²
Price/m²£3K/m²

Value Estimate

£268,805

 

 

End Value (After Refurb)

£318,131

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Refurb Costs

£41,015

Bridging Loan Interest

£7,613

Total Cash In

£134,778

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£318,131

Mortgage (After Refinance)

£238,598

Mortgage LTV

75%

Cash Released

£21,098

Cash Left In

£113,680

Equity

£79,533

Rent Range

£595 - £4,500

Rent Estimate

£1,124

Running Costs/mo

£1,239

Cashflow/mo

£-115

Cashflow/yr

£-1,380

Gross Yield

5%

Local Sold Prices

50 sold prices from £142K to £600K, average is £219K. £2.1K/m² to £4.7K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£308.7K10/210.06 mi107, Moor End Road, Mellor, Stockport, Greater Manchester SK6 5PT2
£245K02/231.42 mi18, Watford Road, New Mills, High Peak, Derbyshire SK22 4EJ2
£295K03/211.43 miPeveril Mount, Whitle Road, New Mills, High Peak, Derbyshire SK22 4EH2
£236K10/211.45 mi81, Bate Mill Road, Birch Vale, High Peak, Derbyshire SK22 1BB2
£235K01/231.45 mi77, Batemill Road, Birch Vale, High Peak, Derbyshire SK22 1BB2
£280K03/231.46 mi49, Batemill Road, New Mills, High Peak, Derbyshire SK22 4EW2
£205K12/221.61 mi33, Bridge Street, New Mills, High Peak, Derbyshire SK22 4DJ2
£315K10/211.67 mi2, Lowry Drive, Marple Bridge, Stockport, Greater Manchester SK6 5BR2
£305K04/231.67 mi1, Lowry Drive, Marple Bridge, Stockport, Greater Manchester SK6 5BR2
£265K10/221.68 mi5, Greenfield Close, New Mills, High Peak, Derbyshire SK22 3DG2
£239.5K06/211.68 mi3, Cresswell Avenue, New Mills, High Peak, Derbyshire SK22 4BE2
£200K10/221.69 mi4, Cresswell Avenue, New Mills, High Peak, Derbyshire SK22 4BE2
£232.5K01/211.71 mi5, Sundown Close, New Mills, High Peak, Derbyshire SK22 3DH2
£218K02/211.71 mi204, Strines Road, Strines, Stockport, Greater Manchester SK6 7GA2
£178K06/211.72 mi28, Stoneyland Drive, New Mills, High Peak, Derbyshire SK22 3DL2
£142K04/211.74 mi19, Spring Bank, New Mills, High Peak, Derbyshire SK22 4AZ2
£163.5K06/211.74 mi15, Spring Bank, New Mills, High Peak, Derbyshire SK22 4AZ2
£256K12/221.75 mi8, Salem Cottages, New Mills, High Peak, Derbyshire SK22 4BN2
£210K10/211.75 mi20, Eaves Knoll Road, New Mills, High Peak, Derbyshire SK22 3DN2
£200K01/211.75 mi30, Stoneyland Drive, New Mills, High Peak, Derbyshire SK22 3DL2
£210K05/211.75 mi22, Stoneyland Drive, New Mills, High Peak, Derbyshire SK22 3DL2
£197.9K06/211.76 mi96, Hague Bar, New Mills, High Peak, Derbyshire SK22 3AR2
£255K10/221.76 mi64, Hague Bar, New Mills, High Peak, Derbyshire SK22 3AR2
£220K02/211.76 mi100, Hague Bar, New Mills, High Peak, Derbyshire SK22 3AR2
£315K04/231.76 mi34, Lower Fold, Marple Bridge, Stockport, Greater Manchester SK6 5DX2
£215K04/211.76 mi28, Hague Bar, New Mills, High Peak, Derbyshire SK22 3AT2
£252K02/211.76 mi152, High Hill Road, New Mills, High Peak, Derbyshire SK22 4HQ2
£187.5K05/211.79 mi5, Knoll Street, New Mills, High Peak, Derbyshire SK22 3DW2
£312K07/231.79 mi5, Waters Edge, Marple Bridge, Stockport, Greater Manchester SK6 5EX2
£200K03/211.8 mi54, High Street, New Mills, High Peak, Derbyshire SK22 4BR2
£170K06/211.8 mi52, High Street, New Mills, High Peak, Derbyshire SK22 4BR2
£152.5K03/211.81 mi70, Ollersett Avenue, New Mills, High Peak, Derbyshire SK22 4LE2
£340K04/221.82 mi20, Longlands Road, New Mills, High Peak, Derbyshire SK22 3BL2
£350K07/211.84 mi175, Compstall Road, Marple Bridge, Stockport, Greater Manchester SK6 5HA2
£150K02/211.85 mi43, High Street, New Mills, High Peak, Derbyshire SK22 4AL2
£207K04/231.85 mi43, High Street, New Mills, High Peak, Derbyshire SK22 4AL2
£600K12/211.86 miLower Hague Farm, Lower Hague, New Mills, High Peak, Derbyshire SK22 3AP2
£173.6K12/201.87 mi29, Hayfield Road, New Mills, High Peak, Derbyshire SK22 4JB2
£170K11/211.88 mi51, High Hill Road, New Mills, High Peak, Derbyshire SK22 4HG2
£310K08/221.89 mi5, Quarry Road, Birch Vale, High Peak, Derbyshire SK22 1AE2
£350K05/231.9 mi2, Lockside, Marple, Stockport, Greater Manchester SK6 6BN2
£200K02/231.91 mi3, Stockport Road, Marple, Stockport, Greater Manchester SK6 6BD2
£194K04/231.91 mi50, Peak Road, New Mills, High Peak, Derbyshire SK22 4LD2
£152.3K07/211.91 mi151, Hayfield Road, Birch Vale, High Peak, Derbyshire SK22 1DF2
£172.5K07/211.91 mi139, Hayfield Road, Birch Vale, High Peak, Derbyshire SK22 1DF2
£190K03/211.92 mi11, East Vale, Marple, Stockport, Greater Manchester SK6 6BP2
£212K11/211.92 mi1, East Vale, Marple, Stockport, Greater Manchester SK6 6BP2
£238.5K03/211.92 mi2, Chapel Houses, Marple, Stockport, Greater Manchester SK6 7LF2
£220K03/211.95 mi200, Church Lane, Marple, Stockport, Greater Manchester SK6 7LA2
£260K10/211.96 mi23, Ernocroft Road, Marple Bridge, Stockport, Greater Manchester SK6 5DY2

Local Rents

51 rents from £595/mo to £4.5K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,10012/240.06 miMoor End Road; Mellor. SK62
£3,10008/240.87 miBriargrove Road, Mellor. SK225
£1,30006/240.98 mi-3
£4,50001/241.06 mi-5
£82508/241.4 miAspenshaw, Birch Vale, SK222
£75003/251.71 mi-1
£62501/241.72 mi-1
£59508/231.72 mi-1
£70006/241.72 mi-1
£69501/251.72 mi-1
£95012/241.72 miHigh Hill Road, New Mills, SK222
£1,20012/241.74 miLower Fold, Marple Bridge, SK62
£1,20012/241.74 miCombs Close, New Mills, SK223
£75004/251.74 mi-1
£75008/241.74 mi-1
£75008/241.74 mi-1
£90008/241.74 miLea Street, New Mills, SK222
£92503/251.76 mi-2
£1,05004/251.76 mi-2
£80012/241.76 miWaterside Road, New Mills, SK221
£65012/241.77 miWaterside Road; Hague Bar, SK22.1
£59512/241.77 mi-1
£1,10008/241.81 miRowarth, High Peak2
£85001/251.83 mi-2
£1,65012/241.84 miKinder Drive, Marple, Stockport, SK62
£70006/241.85 mi-2
£70008/241.85 mi-1
£67512/241.87 miHigh Street, New Mills, High Peak1
£90012/241.88 miRidge Road, Marple, Stockport1
£1,80011/241.9 mi-4
£1,50011/231.9 mi-2
£97001/251.91 mi-2
£95008/241.92 miCompstall Road, Marple Bridge, SK62
£95008/241.95 miQueen Street, Marple. Stockport, SK6 6BQ2
£85008/241.97 mi-2
£85001/251.98 mi-2
£1,30003/251.98 mi-2
£3,50008/242.01 miHigher Chisworth, Chisworth, Glossop5
£1,25012/242.02 miBriarwood Crescent, Marple, Stockport, SK63
£1,05008/232.02 mi-2
£65012/242.02 mi-1
£65012/242.02 mi-1
£65001/252.02 mi-1
£1,25009/242.03 mi-2
£95008/242.03 mi-1
£95008/242.03 mi-1
£1,20009/242.03 mi-2
£1,10009/242.03 mi-1
£1,10008/242.03 mi-1
£1,25003/252.03 mi-1
£95011/232.04 mi-2

Local Area Statistics

Population in SK6

50,689

Town centre distance

4.78 miles away

Nearest school

1.10 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £290,000

September 30, 2024

Sold for £108,000

2001

Floor Plans

Description

  • TRADITIONAL MID TERRACE COTTAGE +
  • GREAT POTENTIAL TO UPDATE AND IMPROVE +
  • LOUNGE, KITCHEN DINER +
  • TWO BEDROOMS, BATHROOM +
  • PERIOD AND CHARACTER FEATURES +
  • GARDENS AND VIEWS FRONT AND REAR +
  • ** NO HIGHER CHAIN** +

IN NEED OF MODERNISATION Offering great potential, a well-proportioned, TWO DOUBLE bedroom STONE COTTAGE enjoying a fantastic location in the semi-rural village of Mellor. There are beautiful views to the front and rear. NO HIGHER CHAIN

Situated on the outskirts of Mellor village, this charming cottage is in need of modernisation but offers offers potential purchasers the opportunity update and improve to create a fantastic semi rural retreat.

Offered with no higher chain, the accommodation currently comprises: sitting room with feature fireplace, kitchen diner with feature fireplace and storage, basement, two bedrooms (one with feature fireplace), and bathroom.

Externally, the property is set well back from the road. Steps lead up to the garden path which intersects the lawned front garden and leads to the front door. There is a small courtyard garden to the rear with raised lawn area. The garden backs onto fields to the rear and there are pleasant views to both the front and rear of the surrounding countryside.
LOCATION
Mellor is situated close to some of Cheshire and Derbyshire's finest countryside and boasts a popular primary school and sports club. Marple Bridge caters for most day to day requirements whilst nearby Marple offers a wide range of shops, restaurants, educational and recreational facilities. For the commuter both Marple and Rose Hill stations offer services to Manchester city centre and the access points to the Northwest motorway network can be found at Stockport East and Bredbury junctions.

Agent Details

Gascoigne Halman, Marple Bridge

0161 524 2255

Next Steps?

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