3 Bed Terraced House, Single Let, Stockport, SK5 8DJ, £190,000

Cumberland Avenue, Brinnington, SK5 8DJ - 1 views - 5 months ago

BTL
ROI: 5%
~93 m²
+25 photos

ValuationUndervalued

Sold Prices£122.5K - £380K
Sold Prices/m²£1.5K/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£233,700
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£950 - £1,550

Rent Estimate

£1,050

Running Costs/mo

£824

Cashflow/mo

£226

Cashflow/yr

£2,715

ROI

5%

Gross Yield

7%

Local Sold Prices

52 sold prices from £122.5K to £380K, average is £215K. £1.5K/m² to £4.2K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£183K01/230.07 mi27, Mayorlowe Avenue, Stockport, Greater Manchester SK5 8DB3
£190K10/200.24 mi3, Sandileigh Avenue, Stockport, Greater Manchester SK5 8AJ3
£200K03/210.26 mi18, Elm Tree Road, Bredbury, Stockport, Greater Manchester SK6 2EQ3
£255K11/210.27 mi39, Elm Tree Road, Bredbury, Stockport, Greater Manchester SK6 2EG3
£211.5K03/230.28 mi130, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EN3
£165K05/230.28 mi8, Dawlish Avenue, Stockport, Greater Manchester SK5 8AX3
£143K01/210.29 mi53, Foliage Crescent, Stockport, Greater Manchester SK5 8AP3
£150K05/230.29 mi51, Foliage Crescent, Stockport, Greater Manchester SK5 8AP3
£210K02/210.33 mi39, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EJ3
£327K03/230.34 mi15, The Drive, Bredbury, Stockport, Greater Manchester SK6 2ED3
£275K07/230.34 mi41, The Drive, Bredbury, Stockport, Greater Manchester SK6 2ED3
£215K11/200.35 mi22, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EL3
£250K07/230.35 mi82, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EL3
£245K06/210.35 mi32, The Drive, Bredbury, Stockport, Greater Manchester SK6 2DU3
£242K07/230.37 mi22, Belvedere Drive, Bredbury, Stockport, Greater Manchester SK6 2EF3
£242K07/230.37 mi22, Belvedere Drive, Bredbury, Stockport, Greater Manchester SK6 2EF3
£280K12/220.4 mi36, The Crescent, Bredbury, Stockport, Greater Manchester SK6 2DX3
£257.5K05/210.4 mi770, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BQ3
£265K06/210.41 mi407, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BG3
£280K09/220.41 mi17, Goyt Crescent, Stockport, Greater Manchester SK1 2HA3
£199K02/210.42 mi553, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BS3
£200K11/210.42 mi497, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BS3
£131K02/210.44 mi13, Middlesex Road, Brinnington, Stockport, Greater Manchester SK5 8HT3
£180K09/210.44 mi13, Middlesex Road, Brinnington, Stockport, Greater Manchester SK5 8HT3
£212K02/210.44 mi22, Goyt Crescent, Stockport, Greater Manchester SK1 2HA3
£215K06/230.45 mi33, Nottingham Avenue, Stockport, Greater Manchester SK5 8ET3
£280K10/220.49 mi44, Crescent Road, Stockport, Greater Manchester SK1 2QQ3
£122.5K11/210.49 mi18, Cornwall Crescent, Stockport, Greater Manchester SK5 8HB3
£220K09/210.5 mi73, Redhill Drive, Bredbury, Stockport, Greater Manchester SK6 2HQ3
£280K05/210.52 mi34, Brinnington Road, Stockport, Greater Manchester SK1 2EX3
£250K05/210.53 mi25, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA3
£265K06/230.53 mi27, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA3
£265K06/230.53 mi27, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA3
£245K07/210.53 mi18, Tarvin Drive, Bredbury, Stockport, Greater Manchester SK6 2PW3
£170K06/230.53 mi50, Charlotte Street, Stockport, Greater Manchester SK1 2QH3
£145K02/230.55 mi8, Dartford Avenue, Stockport, Greater Manchester SK5 8LY3
£251K05/210.57 mi54, Annable Road, Bredbury, Stockport, Greater Manchester SK6 2DF3
£220K01/210.59 mi27, Alderley Drive, Bredbury, Stockport, Greater Manchester SK6 2PN3
£172.5K03/210.61 mi39, Carrington Road, Stockport, Greater Manchester SK1 2JX3
£240K10/220.61 mi6c, Brinnington Road, Stockport, Greater Manchester SK1 2HB3
£170K12/220.61 mi37, Keston Crescent, Stockport, Greater Manchester SK5 8NQ3
£230K01/230.62 mi108, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2PH3
£180K02/230.64 mi12, Romney Way, Stockport, Greater Manchester SK5 8NE3
£133K01/210.69 mi137, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2AN3
£157K01/230.72 mi193, Blackberry Lane, Stockport, Greater Manchester SK5 8LB3
£380K02/210.72 mi106a, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PA3
£152.5K07/210.72 mi95, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PA3
£225K12/200.73 mi8, Bancroft Close, Bredbury, Stockport, Greater Manchester SK6 2HB3
£275K01/230.75 mi6, Dorfield Close, Bredbury, Stockport, Greater Manchester SK6 2HD3
£160K05/210.75 mi8, Cawood Square, Stockport, Greater Manchester SK5 8JS3
£125K04/210.76 mi22, Lapwing Lane, Stockport, Greater Manchester SK5 8JU3
£180.5K08/210.76 mi114, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2HA3

Local Rents

12 rents from £950/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10008/240.07 miMayorlowe Avenue, Brinnington, Stockport, SK53
£1,25009/240.16 miBrinnington Road, Brinington, Stockport3
£1,20011/230.26 mi-3
£1,35008/240.33 miSandringham Road, Bredbury, Stockport, Cheshire, SK63
£1,35012/240.37 miSandringham Road, Stockport, SK6 2EL3
£1,29510/240.37 mi-3
£1,10008/240.49 miYew Tree Drive, Bredbury, Stockport, Cheshire, SK63
£1,20011/240.51 mi-3
£1,55012/240.56 mi-3
£1,35012/240.62 mi-3
£1,35012/240.62 mi-3
£95008/240.62 miBrinnington Road,Stockport,SK13

Local Area Statistics

Population in SK5

29,538

Population in Stockport

181,140

Town centre distance

2.28 miles away

Nearest school

0.20 miles away

Nearest train station

0.65 miles away

 

 

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £190,000

October 30, 2024

Floor Plans

Description

  • Extended Family Home - FREEHOLD +
  • Three Floors of Versatile Living Space +
  • Outbuildings and Potential to Extend STPP +
  • No Onward Chain & Ready to Move Into +
  • Fantastic Location for Transport Links +
  • Ideal for Families & First Time Buyers +

Are you looking for a SPACIOUS and beautifully presented family home that is spreads across THREE FLOORS of versatile living space, has FOUR RECEPTION ROOMS and EXTENTED at the rear to create a larger than the average home in the area?

If so, then look no further... this FREEHOLD home boasts GREAT SIZED ROOMS throughout with an inviting entrance hall, a MODERN KITCHEN, ample storage space, a MODERN BATHROOM, three original bedrooms and FOUR RECEPTION ROOMS which include; the SEPARATE dining room (that can be found off the kitchen), the STYLISH lounge that has been made open plan and leads onto the CONSERVATORY EXTENSION and a LOFT CONVERSION has been added to create additional space.

Externally benefitting from a DRIVEWAY, a LARGE GARDEN to the rear and OUTBUILDINGS that provide additional storage but have the POTENTIAL to be converted.

As you would expect from a property of this standard, the property benefits from double glazed windows and gas central heating with the current owner making us aware that the boiler was installed around 6 years ago and is serviced twice a year!

The property is located fantastically for local amenities including schools, shopping facilities, TRANSPORT LINKS and Brinnington Park Leisure Complex.

Situated off Brinnington Road, and located in close proximity to Stockport Town Centre for additional amenities. For the commuter, there are amply bus stops nearby, Brinnington Train Station is within walking distance which gets you in the vibrant Manchester City Centre in less than 20 minutes. Also the M60 is within easy reach, that connects you to the rest of the North West.

The property has been a very special family home to the current owners for nearly 20 years, so the property is well loved and the current family have loved how family orientated the area and how 'lovely the neighbours are' making it the perfect home to make your own memories here...

As well as the property being perfect for a home, it could also be a brilliant BUY-TO-LET Investment opportunity, with a potential monthly rental income of around £1050, due to the convenient location.

Please get in touch with the Edward Mellor Woodley Branch to arrange a viewing as soon as possible. It is definitely one to see in person, to imagine yourself living here and to make it your own home.

Agent Details

Edward Mellor Ltd, Woodley

0161 524 7283

Next Steps?

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