2 Bed Terraced House, Single Let, Stockport, SK4 1QW, £175,000

Belmont Street, Heaton Norris, Stockport, SK4 1QW - 4 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+7 photos

ValuationFair Value

Sold Prices£120K - £260K
Sold Prices/m²£1.5K/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£171,825

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£695 - £3,100

Rent Estimate

£809

Running Costs/mo

£729

Cashflow/mo

£80

Cashflow/yr

£964

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £120K to £260K, average is £177.8K. £1.5K/m² to £4.2K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£185K02/230.01 mi62, Belmont Street, Stockport, Greater Manchester SK4 1QW2
£215K01/230.04 mi75, Church Street, Stockport, Greater Manchester SK4 1JH2
£203K12/220.05 mi56, Lloyd Street, Stockport, Greater Manchester SK4 1NE2
£147K11/200.06 mi49, Basil Street, Stockport, Greater Manchester SK4 1QL2
£220K01/230.07 mi14, Grafton Street, Stockport, Greater Manchester SK4 1QG2
£180K05/230.07 mi45, Church Street, Stockport, Greater Manchester SK4 1JQ2
£165K03/210.08 mi63, Lloyd Street, Stockport, Greater Manchester SK4 1NE2
£166.5K11/210.09 mi1, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£217.5K06/230.09 mi29, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£176K01/210.09 mi49, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£176.5K11/200.09 mi19, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£192.5K05/230.09 mi28, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£200K06/230.09 mi24, Farmer Street, Stockport, Greater Manchester SK4 1NF2
£130K03/210.1 mi19, Cheviot Close, Stockport, Greater Manchester SK4 1JW2
£211.4K02/230.1 mi4, Samuel Street, Stockport, Greater Manchester SK4 1NG2
£167.6K03/210.1 mi12, Samuel Street, Stockport, Greater Manchester SK4 1NG2
£176K04/230.11 mi4, Cromwell Street, Stockport, Greater Manchester SK4 1LY2
£135K12/200.11 mi16, Cromwell Street, Stockport, Greater Manchester SK4 1LY2
£208K04/230.11 mi31, Churchill Street, Heaton Norris, Stockport, Greater Manchester SK4 1NB2
£154K11/200.11 mi49, Churchill Street, Stockport, Greater Manchester SK4 1NB2
£170K03/210.11 mi60, Churchill Street, Heaton Norris, Stockport, Greater Manchester SK4 1ND2
£130K03/210.11 mi22, Churchill Street, Stockport, Greater Manchester SK4 1ND2
£162.5K05/210.17 mi28, Burton Street, Stockport, Greater Manchester SK4 1QF2
£168.5K12/200.17 mi2, Burton Street, Stockport, Greater Manchester SK4 1QF2
£179K07/210.18 mi58, Love Lane, Stockport, Greater Manchester SK4 1JA2
£185K03/210.18 mi153, Hesketh Street, Stockport, Greater Manchester SK4 1TL2
£180K05/210.18 mi23, Bardsley Street, Stockport, Greater Manchester SK4 1QB2
£175K09/210.19 mi69, Sharples Street, Stockport, Greater Manchester SK4 1QE2
£186K03/230.19 mi49, Sharples Street, Stockport, Greater Manchester SK4 1QE2
£189.5K01/230.22 mi28, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£170K02/210.22 mi53, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£192.3K06/210.22 mi16, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£145.5K02/210.22 mi3, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£135K04/210.22 mi71, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£187.5K07/230.22 mi10, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£163K05/230.22 mi31, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£214K11/210.22 mi42, All Saints Road, Stockport, Greater Manchester SK4 1QA2
£250K05/210.23 mi20, Church Road, Stockport, Greater Manchester SK4 1LJ2
£225K12/220.27 mi15, Dunblane Avenue, Stockport, Greater Manchester SK4 2LY2
£250K08/210.27 mi16, Dunblane Avenue, Stockport, Greater Manchester SK4 2LY2
£260K02/230.31 mi26, Dodge Hill, Stockport, Greater Manchester SK4 1RD2
£245K08/210.31 mi20, Dodge Hill, Stockport, Greater Manchester SK4 1RD2
£131K12/200.31 mi19, Manvers Street, Stockport, Greater Manchester SK5 7RQ2
£175K01/230.34 mi4, Morton Street, Stockport, Greater Manchester SK4 1PU2
£160K04/210.34 mi16, Morton Street, Stockport, Greater Manchester SK4 1PU2
£185K12/220.36 mi61, Bury Street, Stockport, Greater Manchester SK5 7RE2
£135K11/200.36 mi32, Reuben Street, Stockport, Greater Manchester SK4 1PS2
£120K11/200.36 mi38, Reuben Street, Stockport, Greater Manchester SK4 1PS2
£175K12/220.39 mi33, Reuben Street, Stockport, Greater Manchester SK4 1PS2
£188K03/210.39 mi20, Clarendon Street, Stockport, Greater Manchester SK5 7RF2

Local Rents

49 rents from £695/mo to £3.1K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£69508/240.02 mi-2
£95001/240.02 mi-2
£1,00008/240.03 miAthol Street, Stockport, Greater Manchester, SK42
£82511/240.08 mi-2
£1,20008/240.08 miBelmont Close, Stockport, Cheshire, SK42
£1,05009/240.08 miChurchill Street, Heaton Norris, Stockport, SK42
£1,00011/240.1 mi-2
£90008/240.11 miChurchill Street, Heaton Norris, Stockport, SK42
£89509/240.17 miStitch Lane, Heaton Norris2
£80008/240.17 miStitch Lane, Wellington Court, Heaton Norris, SK42
£95009/240.17 miStitch Lane, Wellington Court, Heaton Norris, SK42
£1,00009/240.18 miBurton Street, Heaton Norris, Stockport, Cheshire, SK42
£1,10008/240.18 mi-2
£95008/240.19 miHesketh Street, Stockport, Greater Manchester, SK42
£1,15008/240.19 miSharples Street, Stockport, Greater Manchester, SK42
£90004/250.19 mi-2
£1,05004/250.2 mi-2
£1,00009/240.21 mi-2
£1,10004/250.21 mi-2
£1,12508/240.21 mi-2
£1,25008/240.22 mi-2
£1,10006/240.27 mi-2
£1,40009/240.28 miParsonage Street, Stockport, Greater Manchester, SK42
£1,25008/240.38 miPasha, Wellington Road North2
£1,25009/240.38 miPasha, Wellington Road North2
£85012/240.43 mi-2
£99511/240.51 mi-2
£99502/240.51 mi-2
£1,10008/240.51 miBroughton Road, Stockport, Greater Manchester, SK52
£72802/250.52 mi-2
£95009/240.53 miHilda Grove, Reddish, Stockport, SK52
£95009/240.54 miMelton Street, Stockport, Cheshire, SK52
£1,15008/240.54 miHilda Grove, Stockport, Greater Manchester, Cheshire, SK52
£3,10012/240.55 mi-2
£1,10008/240.57 mi-2
£1,25008/240.57 miWater Street, Stockport, SK12
£1,05008/240.6 mi-2
£1,35012/240.6 miThe Interchange, Daw Bank, Stockport, Greater Manchester, SK32
£1,37512/240.6 miDaw Bank, Stockport, Greater Manchester, SK32
£1,45012/240.6 miDaw Bank, Stockport, Greater Manchester, SK32
£1,54012/240.6 miThe Interchange, Daw Bank, Stockport, Greater Manchester, SK32
£1,45012/240.6 miThe Interchange, Daw Bank, Stockport, Greater Manchester, SK32
£1,30012/240.6 miThe Interchange, Daw Bank, Stockport, Greater Manchester, SK32
£1,58012/240.61 miThe Interchange, Daw Bank, Stockport, Greater Manchester, SK32
£1,54012/240.61 miThe Interchange, Daw Bank, Stockport, Greater Manchester, SK32
£95008/240.61 miBangor Street, Stockport, Greater Manchester, SK52
£1,00012/240.61 miWellington Road South, Stockport, Greater Manchester, SK32
£1,42512/240.62 miThe Interchange, Daw Bank, Stockport, Greater Manchester, SK32
£1,46512/240.62 miThe Interchange, Daw Bank, Stockport, Greater Manchester, SK32

Local Area Statistics

Population in SK4

34,510

Population in Stockport

181,140

Town centre distance

2.47 miles away

Nearest school

0.10 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 £175,000

November 6, 2024

Sold for £92,000

2005

Floor Plans

Description

This well-presented two-bedroom mid-terrace property offers a fantastic opportunity for first-time buyers or investors, ready to be tailored to personal tastes and design. With no onward vendor chain, this home is an inviting option for those looking to start fresh in a desirable area.

Nestled within the catchment area of reputable schools and just steps from Heaton Norris Park, the property boasts a convenient location, surrounded by local amenities, making it perfect for a comfortable lifestyle.

The interior is bright and well-proportioned, beginning with a welcoming living room complete with a charming fireplace. To the rear, a generously sized kitchen provides ample room for dining furniture and white goods. The kitchen also grants access to a sizable basement, ideal for additional storage or further development.

Upstairs, two bedrooms—a spacious double and a cozy single—are accompanied by a three-piece bathroom featuring a bath with shower over, a low-level WC, and a hand wash basin. Outside, the low-maintenance rear garden offers a paved patio area, ideal for garden furniture and enjoying the warmer months.

This property’s excellent location, combined with its flexible layout, offers the perfect opportunity to create a personalized and comfortable home.

Agent Details

Philip James Kennedy, Heaton Moor

0161 524 3546

Next Steps?

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