3 Bed Terraced House, Single Let, Stockport, SK4 1JR, £225,000

8 Oxford Way, Stockport, Greater Manchester, SK4 1JR - 6 views - 6 months ago

Sold STC
BTL
ROI: 1%
88 m²
+12 photos

ValuationUndervalued

Sold Prices£135K - £550K
Sold Prices/m²£1.6K/m² - £5.1K/m²

 

 

Square Metres

88 m²
Price/m²£2.6K/m²

Value Estimate

£274,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£950 - £2,200

Rent Estimate

£956

Running Costs/mo

£914

Cashflow/mo

£42

Cashflow/yr

£500

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £135K to £550K, average is £310K. £1.6K/m² to £5.1K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£310K06/230.04 mi1, Cotswold Road, Stockport, Greater Manchester SK4 1JS3
£166K11/200.12 mi37, Lloyd Street, Stockport, Greater Manchester SK4 1NE3
£239K06/230.12 mi39, Lloyd Street, Stockport, Greater Manchester SK4 1NE3
£267K02/210.18 mi15, Church Road, Stockport, Greater Manchester SK4 1LJ3
£230K03/230.18 mi42, Church Road, Stockport, Greater Manchester SK4 1LJ3
£166K03/210.2 mi55, Old Road, Stockport, Greater Manchester SK4 1TD3
£315K03/230.21 mi24, Gail Avenue, Stockport, Greater Manchester SK4 2PY3
£135K04/230.21 mi8, Gail Avenue, Stockport, Greater Manchester SK4 2PY3
£381.5K12/220.21 mi1, Gail Avenue, Stockport, Greater Manchester SK4 2PY3
£287.5K09/210.28 mi61, Ashburn Road, Stockport, Greater Manchester SK4 2PU3
£520K12/200.28 mi35, Ashburn Road, Stockport, Greater Manchester SK4 2PU3
£348K06/230.28 mi58, Ashburn Road, Stockport, Greater Manchester SK4 2PU3
£402K12/200.3 mi17, Ashburn Road, Stockport, Greater Manchester SK4 2PU3
£385K08/210.3 mi3, Fairholme Road, Stockport, Greater Manchester SK4 2QB3
£415K06/210.33 mi24, Ashburn Road, Stockport, Greater Manchester SK4 2PS3
£400K04/210.33 mi58, Bowerfold Lane, Stockport, Greater Manchester SK4 2LU3
£402K03/230.34 mi9, Bower Avenue, Stockport, Greater Manchester SK4 2LX3
£237.5K01/210.34 mi9, Colin Road, Stockport, Greater Manchester SK4 1NJ3
£300K07/230.34 mi9, Colin Road, Stockport, Greater Manchester SK4 1NJ3
£270K12/220.35 mi186, Lloyd Street, Stockport, Greater Manchester SK4 1NH3
£447.4K04/210.36 mi48, Heaton Road, Stockport, Greater Manchester SK4 4JJ3
£430K04/210.36 mi8, Pendennis Road, Stockport, Greater Manchester SK4 2QA3
£550K04/210.36 mi7, Sutton Road, Stockport, Greater Manchester SK4 2PR3
£505.5K03/210.39 mi8, Alexandra Road, Stockport, Greater Manchester SK4 2QE3
£400K04/210.39 mi4, Alexandra Road, Stockport, Greater Manchester SK4 2QE3
£475.6K12/200.39 mi3, Alexandra Road, Stockport, Greater Manchester SK4 2QE3
£273K12/200.39 mi123, Manchester Road, Stockport, Greater Manchester SK4 1NL3
£285K02/210.39 mi115, Manchester Road, Stockport, Greater Manchester SK4 1NL3
£330K12/200.42 mi220, Manchester Road, Stockport, Greater Manchester SK4 1NN3
£270K11/200.44 mi6, Horace Grove, Stockport, Greater Manchester SK4 1PP3
£250K12/200.45 mi14, Bournville Avenue, Stockport, Greater Manchester SK4 1PR3
£247K02/230.45 mi3, Bournville Avenue, Stockport, Greater Manchester SK4 1PR3
£375K12/220.45 mi45, Nursery Road, Stockport, Greater Manchester SK4 2ND3
£368K04/210.46 mi67, Nursery Road, Stockport, Greater Manchester SK4 2ND3
£450K06/210.46 mi51, Nursery Road, Stockport, Greater Manchester SK4 2ND3
£242.5K03/210.47 mi34, Empress Drive, Stockport, Greater Manchester SK4 2RW3
£217K04/210.47 mi9, Empress Drive, Stockport, Greater Manchester SK4 2RW3
£253.5K09/210.47 mi7, Empress Drive, Stockport, Greater Manchester SK4 2RW3
£500K09/220.47 mi12, Warwick Road, Stockport, Greater Manchester SK4 4NQ3
£275K02/210.48 mi22, Kingsley Avenue, Stockport, Greater Manchester SK4 1PW3
£340K03/230.5 mi23, Gower Road, Heaton Chapel, Stockport, Greater Manchester SK4 2QY3
£135K02/210.51 mi70, Frobisher Place, Stockport, Greater Manchester SK5 7PF3
£145K02/210.51 mi55, Frobisher Place, Stockport, Greater Manchester SK5 7PF3
£302K12/200.51 mi83, Warwick Road, Stockport, Greater Manchester SK4 2NL3
£375K02/210.52 mi214, Green Lane, Stockport, Greater Manchester SK4 2NF3
£180K04/230.53 mi25, Cabot Place, Stockport, Greater Manchester SK5 7PD3
£344.6K12/220.54 mi66, Bankfield Avenue, Stockport, Greater Manchester SK4 2JH3
£333K03/230.54 mi2, Bankfield Avenue, Stockport, Greater Manchester SK4 2JH3
£289K03/210.54 mi17, Bankfield Avenue, Stockport, Greater Manchester SK4 2JH3
£310K03/230.55 mi44, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR3

Local Rents

47 rents from £950/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40009/240.22 miLower moat close SK43
£1,50008/240.3 miGreen Bank Terrace, Stockport, Greater Manchester, SK43
£1,50008/240.4 miNursery Road, Heaton Norris, Stockport3
£1,10008/240.45 mi-3
£1,10008/240.45 miPearson Street, Stockport, SK53
£1,30008/240.52 mi-3
£1,15008/240.62 miMelton Street, Stockport, Greater Manchester, SK53
£1,25008/240.63 miMeadow Mill, Water Street, Stockport3
£1,50009/240.74 miWhirley Close, Heaton Chapel, Stockport3
£1,35004/250.8 mi-3
£1,35009/240.82 miHeaton Moor Road, Heaton Moor, Stockport, SK43
£1,25002/240.84 mi-3
£1,98008/240.84 mi-3
£2,00008/240.86 miEgerton Road North, Heaton Moor, Stockport3
£1,29510/240.89 mi-3
£1,15009/240.9 miHeaton Moor Road, Heaton Moor, Stockport, SK43
£1,40008/240.9 miShaw House, Shaw Road, Heaton Moor3
£2,20004/250.91 mi-3
£1,64508/240.93 miDidsbury Road, Heaton Mersey, Stockport, SK43
£1,30008/240.93 miStopford Street, Edgeley3
£95008/240.96 miBrinnington Road,Stockport,SK13
£1,00012/240.96 mi1 York Street, Stockport3
£1,25008/241 miChatham Street, Edgeley, Stockport, SK33
£1,37509/241.02 mi4Weston Grove, Stockport, Greater Manchester, SK43
£1,30008/241.04 miAvondale Road, Stockport, SK33
£1,30008/241.04 mi-3
£1,50008/241.04 mi-3
£1,20008/241.05 miVernon Avenue; Stockport; SK13
£99512/241.06 miGlebe Street, Offerton3
£1,10012/241.07 mi-3
£1,35008/241.09 miTurncroft Lane, Offerton3
£1,35008/241.09 miTurncroft Lane, Offerton, SK13
£1,35003/251.1 mi-3
£1,10008/241.11 miJennings Street, Stockport, SK3 9BX3
£1,25004/251.12 mi-3
£1,40008/241.14 mi-3
£1,40008/241.14 miHarrow Drive, Stockport, SK43
£1,17508/241.14 mi-3
£1,15002/241.14 mi-3
£1,30008/241.17 miRange Road, Stockport, Greater Manchester, SK33
£1,69508/241.19 miLeeside, Heaton Mersey, Stockport3
£1,15012/241.2 mi-3
£95009/241.21 miLowfield Road, Shaw Heath, Stockport3
£1,50002/201.22 miKeswick Road, Stockport, SK43
£1,50004/251.23 mi-3
£1,05008/241.23 miConiston Road, Reddish, SK53
£1,10008/241.24 mi-3

Local Area Statistics

Population in SK4

34,510

Population in Stockport

181,140

Town centre distance

2.45 miles away

Nearest school

0.20 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £225,000

October 15, 2024

Sold for £170,000

2019

Sold for £112,500

2006

Sold for £100,000

2004

Floor Plans

Description

Extremely rare three bedroom terraced home on Oxford Way in Heaton Norris offered to the market chain-free and with the enviable advantage of off-street parking to the rear that will naturally appeal to first-time buyers, growing families and landlords alike. Similar properties in the area have let for approximately £1000-1100 per calendar month. Internal viewings essential to appreciate the home on offer.

Oxford Way is ideally located in the popular residential setting of Heaton Norris. The property is within walking distance to an Asda Supermarket which his just around the corner with further retail at the nearby Merseyway Shopping centre. Transport links are also excellent with the M60 Ring Road a mere five minute drive away and the A6 providing equally convenient access to the City Centre.

Entering through the front, the property itself is briefly comprised of: entrance hallway with ample integrated cupboards, a spacious open-plan living/dining room with characteristically large windows to the front, a galley-style kitchen with fitted units, cupboards and worktops, a downstairs WC, three well-proportioned bedrooms ideal for the growing family, and a family bathroom comprised of a three-piece suite.

Externally, there are gardens to the front and rear. Off-street parking and outside storage may be found to the rear.

Agent Details

Julian Wadden, Heaton Moor

0161 524 6124

Next Steps?

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