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3 Bed Semi-Detached House, Single Let, Stockport, SK5 6NT, £180,000

Bispham Avenue, Reddish, SK5 6NT - 1 views - 5 months ago

Leasehold
BTL
ROI: 6%
~93 m²
+1 photos

ValuationUndervalued

Sold Prices£80K - £297K
Sold Prices/m²£1.1K/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£221,400
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£1,050 - £3,300

Rent Estimate

£1,075

Running Costs/mo

£798

Cashflow/mo

£278

Cashflow/yr

£3,330

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £80K to £297K, average is £190K. £1.1K/m² to £3.9K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£190K12/210.02 mi12, Bispham Avenue, Stockport, Greater Manchester SK5 6NT3
£175K12/200.07 mi23, Beresford Crescent, Stockport, Greater Manchester SK5 6NU3
£270K05/220.07 mi26, Beresford Crescent, Stockport, Greater Manchester SK5 6NU3
£145K04/210.08 mi5, Tindall Street, Stockport, Greater Manchester SK5 6QZ3
£220K09/210.12 mi59, Thornley Lane North, Stockport, Greater Manchester SK5 6QR3
£178.1K02/210.13 mi4, Aigburth Grove, Stockport, Greater Manchester SK5 6NJ3
£175K10/210.14 mi42, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£186.5K10/210.14 mi11, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£170K03/210.14 mi21, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£179K12/200.15 mi46, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ3
£265K06/230.15 mi1, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ3
£177K02/210.17 mi421, Gorton Road, Stockport, Greater Manchester SK5 6LR3
£253K10/230.17 mi7, Wainwright Avenue, Denton, Manchester, Greater Manchester M34 2WW3
£160K10/200.19 mi85, Criterion Street, Stockport, Greater Manchester SK5 6RY3
£179.6K01/230.19 mi79, Criterion Street, Stockport, Greater Manchester SK5 6RY3
£216K06/230.2 mi120, Thornley Lane South, Stockport, Greater Manchester SK5 6QW3
£220K06/230.2 mi117, Thornley Lane South, Stockport, Greater Manchester SK5 6QW3
£259K01/230.22 mi52, Granada Road, Denton, Manchester, Greater Manchester M34 2LJ3
£257K07/210.22 mi2, Granada Road, Denton, Manchester, Greater Manchester M34 2LJ3
£250K04/240.23 mi11, Hewitt Avenue, Denton, Manchester, Greater Manchester M34 2NP3
£228K04/230.23 mi10, Hewitt Avenue, Denton, Manchester, Greater Manchester M34 2NP3
£200K11/200.23 mi20, Hewitt Avenue, Denton, Manchester, Greater Manchester M34 2NP3
£283K03/230.23 mi4, Cordova Avenue, Denton, Manchester, Greater Manchester M34 2WP3
£229K12/200.23 mi20, Cordova Avenue, Denton, Manchester, Greater Manchester M34 2WP3
£297K08/230.23 mi27, Cordova Avenue, Denton, Manchester, Greater Manchester M34 2WP3
£265K04/240.24 mi1, Granada Road, Denton, Manchester, Greater Manchester M34 2LL3
£237K06/230.24 mi66, Ash Road, Denton, Manchester, Greater Manchester M34 2NH3
£173K11/210.25 mi75, Somerford Road, Stockport, Greater Manchester SK5 6QA3
£170K04/210.27 mi37, Belvedere Avenue, Stockport, Greater Manchester SK5 6QJ3
£170K03/210.27 mi8, Belvedere Avenue, Stockport, Greater Manchester SK5 6QJ3
£220K07/210.27 mi18, Farn Avenue, Reddish, Stockport, Greater Manchester SK5 6NQ3
£235K11/210.28 mi36, Howden Close, Stockport, Greater Manchester SK5 6XW3
£80K03/210.28 mi24, Howden Close, Stockport, Greater Manchester SK5 6XW3
£170K08/210.28 mi6, Howden Close, Stockport, Greater Manchester SK5 6XW3
£155K02/210.28 mi5, Howden Close, Stockport, Greater Manchester SK5 6XW3
£231K03/230.28 mi128, Thornley Lane South, Stockport, Greater Manchester SK5 6QL3
£247.5K01/230.29 mi79, Laburnum Road, Denton, Manchester, Greater Manchester M34 2WD3
£263K06/230.29 mi4, Middleton Road, Stockport, Greater Manchester SK5 6SG3
£96K10/210.3 mi8, Mayfield Grove, Manchester, Greater Manchester M18 7JS3
£181K10/230.3 mi11, Mayfield Grove, Manchester, Greater Manchester M18 7JS3
£292.5K12/220.3 mi36, Shirley Avenue, Denton, Manchester, Greater Manchester M34 2LN3
£165K08/210.3 mi21, Bradfield Close, Stockport, Greater Manchester SK5 6XP3
£152K11/200.3 mi34, Bradfield Close, Stockport, Greater Manchester SK5 6XP3
£175K01/210.3 mi16, Bradfield Close, Stockport, Greater Manchester SK5 6XP3
£126K03/230.3 mi28, Ashfield Grove, Manchester, Greater Manchester M18 7SA3
£232K11/210.3 mi50, Cromwell Avenue, Denton, Manchester, Greater Manchester SK5 6GB3
£180K06/230.31 mi18, Ashfield Grove, Manchester, Greater Manchester M18 7SA3
£190K02/210.31 mi74, Lindfield Road, Stockport, Greater Manchester SK5 6SF3
£168K02/210.33 mi13, Essex Road, Manchester, Greater Manchester M18 7JR3
£240K03/230.33 mi21, Essex Road, Manchester, Greater Manchester M18 7JR3

Local Rents

50 rents from £1.1K/mo to £3.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30003/250.12 mi-3
£1,20009/240.14 miThornley Lane North, Stockport3
£1,45003/250.16 mi-3
£1,35008/240.17 miCravenwood Road, Reddish, Stockport, Greater Manchester, SK53
£1,25002/250.19 mi-3
£1,60003/250.21 mi-3
£1,05008/240.21 mi-3
£1,27509/240.21 mi-3
£1,10009/240.23 mi-3
£1,30012/240.27 mi-3
£1,10009/240.3 miBradfield Close, North Reddish, SK53
£1,20009/240.3 miBradfield Close, North Reddish, SK53
£1,19505/240.3 miMayfield Grove, Manchester, M183
£3,30012/240.32 mi-3
£3,30002/250.32 mi-3
£3,30002/250.32 mi-3
£2,60002/250.32 mi-3
£1,27503/250.34 mi-3
£1,29505/240.34 mi-3
£1,05008/240.35 miCriterion Street, Stockport, Greater Manchester, SK53
£1,30009/240.36 mi-3
£1,50005/240.36 miShillingford Road, Manchester, M183
£1,20012/240.37 miRoyston Avenue, Denton, Manchester, Greater Manchester, M343
£1,50005/240.37 miRainshaw Lane, Manchester, M183
£1,39002/240.37 mi-3
£1,30005/240.37 mi-3
£1,60005/240.37 mi-3
£1,50002/240.37 mi-3
£1,35012/240.38 mi-3
£1,35005/240.38 miFylde Lane, Manchester, M183
£1,35005/240.38 miFylde Lane, Gorton3
£1,25005/240.38 miOrwell Avenue, Dane Bank, M343
£1,20009/240.39 miSomers Road, Stockport, Cheshire, SK53
£1,40005/240.39 mi-3
£1,40005/240.39 mi-3
£1,35005/240.39 miShillingford Road, Manchester, Greater Manchester, M183
£1,39012/230.39 mi-3
£1,49503/250.42 mi-3
£1,45002/250.44 mi-3
£1,35003/250.44 mi-3
£1,64510/240.44 mi-3
£1,60005/240.44 miShillingford Road, Manchester, M183
£1,70005/240.44 mi-3
£1,65012/240.44 mi-3
£1,35012/240.44 mi-3
£1,10008/240.44 miSomers Road, Stockport3
£1,35012/240.45 mi-3
£1,50012/240.46 mi-3
£1,20005/240.47 miNutmeg Drive, Gorton, Manchester, M183
£1,35009/240.47 mi-3

Links

Local Area Statistics

Population in SK5

29,538

Population in Stockport

181,140

Town centre distance

4.44 miles away

Nearest school

0.20 miles away

Nearest train station

0.20 miles away

 

 

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £180,000

October 31, 2024

Floor Plans

Description

  • Three Bedroom Semi Detached Home +
  • No Onwards Chain +
  • Requires Modernization +
  • Popular Residential Location +
  • Three Spacious Bedrooms +

Offered to the market with NO ONWARDS CHAIN, checkout this THREE BEDROOM SEMI-DETACHED HOME in a desirable residential location of North Reddish. This home is the ideal purchase for those seeking a project with the potential to put their own stamp on! There is a wide range of local amenities, reputable schools and excellent transport links nearby including Reddish North Train Station only a FIVE-MINUTE WALK AWAY. This fantastic property briefly comprises of; an inviting entrance hallway, a huge living room, a fitted kitchen with plenty of storage, three generous sized bedrooms and a three-piece shower room. Externally you will find excellent front and back gardens offering an abundance of potential. Please call the Reddish branch to arrange a viewing!

Agent Details

Edward Mellor Ltd, Reddish

0161 524 6622

Next Steps?

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

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