3 Bed Terraced House, Single Let, Stockport, SK5 8JH, £180,000

Matley Green, Stockport, SK5 8JH - 5 months ago

Sold STC
BTL
ROI: 6%
~87 m²
+19 photos

ValuationUndervalued

Sold Prices£100K - £327K
Sold Prices/m²£1.1K/m² - £3.7K/m²

 

 

Square Metres

~87.05 m²
Price/m²£2.1K/m²

Value Estimate

£219,573
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£1,000 - £1,600

Rent Estimate

£1,050

Running Costs/mo

£793

Cashflow/mo

£258

Cashflow/yr

£3,090

ROI

6%

Gross Yield

7%

Local Sold Prices

51 sold prices from £100K to £327K, average is £213.5K. £1.1K/m² to £3.7K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£122.5K11/210.02 mi18, Cornwall Crescent, Stockport, Greater Manchester SK5 8HB3
£215K06/230.08 mi33, Nottingham Avenue, Stockport, Greater Manchester SK5 8ET3
£131K02/210.12 mi13, Middlesex Road, Brinnington, Stockport, Greater Manchester SK5 8HT3
£180K09/210.12 mi13, Middlesex Road, Brinnington, Stockport, Greater Manchester SK5 8HT3
£157K01/230.23 mi193, Blackberry Lane, Stockport, Greater Manchester SK5 8LB3
£160K05/210.27 mi8, Cawood Square, Stockport, Greater Manchester SK5 8JS3
£170K12/220.27 mi37, Keston Crescent, Stockport, Greater Manchester SK5 8NQ3
£145K02/230.27 mi8, Dartford Avenue, Stockport, Greater Manchester SK5 8LY3
£165K05/230.28 mi8, Dawlish Avenue, Stockport, Greater Manchester SK5 8AX3
£125K04/210.3 mi22, Lapwing Lane, Stockport, Greater Manchester SK5 8JU3
£100K02/210.32 mi51, Lapwing Lane, Stockport, Greater Manchester SK5 8JY3
£180K02/230.34 mi12, Romney Way, Stockport, Greater Manchester SK5 8NE3
£100.5K10/200.37 mi34, Blackberry Lane, Stockport, Greater Manchester SK5 8JZ3
£143K01/210.42 mi53, Foliage Crescent, Stockport, Greater Manchester SK5 8AP3
£150K05/230.42 mi51, Foliage Crescent, Stockport, Greater Manchester SK5 8AP3
£190K10/200.42 mi3, Sandileigh Avenue, Stockport, Greater Manchester SK5 8AJ3
£183K01/230.44 mi27, Mayorlowe Avenue, Stockport, Greater Manchester SK5 8DB3
£280K12/220.68 mi36, The Crescent, Bredbury, Stockport, Greater Manchester SK6 2DX3
£213.5K12/200.68 mi10, Castle Hill, Bredbury, Stockport, Greater Manchester SK6 2RY3
£211.5K03/230.72 mi130, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EN3
£200K03/210.74 mi18, Elm Tree Road, Bredbury, Stockport, Greater Manchester SK6 2EQ3
£245K06/210.75 mi32, The Drive, Bredbury, Stockport, Greater Manchester SK6 2DU3
£255K11/210.75 mi39, Elm Tree Road, Bredbury, Stockport, Greater Manchester SK6 2EG3
£327K03/230.76 mi15, The Drive, Bredbury, Stockport, Greater Manchester SK6 2ED3
£275K07/230.76 mi41, The Drive, Bredbury, Stockport, Greater Manchester SK6 2ED3
£283K12/220.79 mi7, Castle Hill, Bredbury, Stockport, Greater Manchester SK6 2RY3
£210K02/210.79 mi39, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EJ3
£215K11/200.81 mi22, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EL3
£250K07/230.81 mi82, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EL3
£280K09/220.82 mi17, Goyt Crescent, Stockport, Greater Manchester SK1 2HA3
£245K07/210.82 mi18, Tarvin Drive, Bredbury, Stockport, Greater Manchester SK6 2PW3
£220K03/210.83 mi24, Woodville Grove, Stockport, Greater Manchester SK5 7HU3
£220K03/210.83 mi24, Woodville Grove, Stockport, Greater Manchester SK5 7HU3
£317.5K10/200.83 mi30, Mayfield Grove, South Reddish, Stockport, Greater Manchester SK5 7JB3
£255K06/230.83 mi54, Mayfield Grove, South Reddish, Stockport, Greater Manchester SK5 7JB3
£266K02/230.84 mi10, Mayfield Grove, South Reddish, Stockport, Greater Manchester SK5 7JB3
£237.5K12/220.84 mi10, Severn Way, Stockport, Greater Manchester SK5 7JJ3
£242.5K12/200.84 mi23, Bryn Drive, Stockport, Greater Manchester SK5 7JD3
£220K09/210.85 mi73, Redhill Drive, Bredbury, Stockport, Greater Manchester SK6 2HQ3
£212K02/210.85 mi22, Goyt Crescent, Stockport, Greater Manchester SK1 2HA3
£133K01/210.86 mi137, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2AN3
£175K02/210.86 mi19, Dumbarton Road, Stockport, Greater Manchester SK5 7EQ3
£242K07/230.87 mi22, Belvedere Drive, Bredbury, Stockport, Greater Manchester SK6 2EF3
£242K07/230.87 mi22, Belvedere Drive, Bredbury, Stockport, Greater Manchester SK6 2EF3
£230K01/230.87 mi108, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2PH3
£265K06/210.87 mi407, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BG3
£220K01/210.88 mi27, Alderley Drive, Bredbury, Stockport, Greater Manchester SK6 2PN3
£207K02/230.88 mi14, Dane Walk, Stockport, Greater Manchester SK5 7JN3
£260K10/210.89 mi50, Dumbarton Road, Stockport, Greater Manchester SK5 7EH3
£198K09/210.89 mi55, Dumbarton Road, Stockport, Greater Manchester SK5 7EH3
£190K02/210.9 mi1, Woodhall Road, Stockport, Greater Manchester SK5 7QB3

Local Rents

20 rents from £1K/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,55012/240.14 mi-3
£1,10008/240.18 miLapwing Lane, Brinnington, SK53
£1,35008/240.18 mi-3
£1,50009/240.2 miEastbourne Crescent SK53
£1,60009/240.21 miEastbourne Crescent, Stockport, Cheshire, SK53
£1,15008/240.26 mi-3
£1,20011/240.29 mi-3
£1,00009/240.33 mi-3
£1,25011/240.33 mi-3
£1,35004/250.33 mi-3
£1,29508/240.34 miBrigadier Road, Brinnington, Stockport, SK53
£1,25003/250.36 mi-3
£1,25008/240.4 mi-3
£1,25002/250.4 mi-3
£1,25008/240.4 miBlackberry Lane, Stockport, SK53
£1,60001/250.4 mi-3
£1,55004/250.4 mi-3
£1,55003/250.41 mi-3
£1,10008/240.45 miMayorlowe Avenue, Brinnington, Stockport, SK53
£1,25009/240.49 miBrinnington Road, Brinington, Stockport3

Local Area Statistics

Population in SK5

29,538

Population in Stockport

181,140

Town centre distance

2.77 miles away

Nearest school

0.10 miles away

Nearest train station

0.18 miles away

 

 

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £180,000

November 7, 2024

Floor Plans

Description

  • Resident Parking & Large Rear Garden +
  • BRIGHT & Spacious Layout with Unique Window +
  • Great Sized Rooms with Two Reception Rooms +
  • Modern Kitchen & Bathroom +
  • NO ONWARD CHAIN & Ready to Move Into +
  • Walking Distance to Brinnington Train Station +

Are you looing to UPSIZE into a fantastic and SPACIOUS three bedroom home that boasts a LARGE REAR GARDEN, TWO RECEPTION ROOMS and is situated within WALKING DISTANCE to Brinnington Train Station?

If so, then look no further... this FREEHOLD home is being sold with NO ONWARD CHAIN and boasts a deceptively SPACIOUS layout and as soon as you walk through the door you will fall in love with how BRIGHT the home is due to a LARGE UNIQUE WINDOW that leads from the entrance hall to the upstairs. Benefitting from GREAT SIZED ROOMS throughout including three bedrooms, a MODERN BATHROOM, a PORCH EXTENSION to the front, a MODERN FITTED KITCHEN, ample storage space throughout and TWO RECEPTION ROOMS - one of which has sliding PATIO DOORS that lead to the rear garden. The two reception rooms are separate but have the option to be made OPEN PLAN with either each other or with the kitchen.

Externally, the property benefits from RESIDENT PARKING to the front - with the current family saying 'there has never been an issue with parking'.

There is a FRONT GARDEN with POTENTIAL to make a driveway STPP. To the front there is also a communal green areas - perfect for families.

To the rear is a LARGE GARDEN which is a lovely suntrap in the summer months and contains a convenient brick OUTHOUSE.

The property has been a 'very well loved family home' to the current family for 60 years, with it being in the same family since IT WAS BUILT and has been excellently cared for with improvements being made, such as double glazing throughout and a new roof being added 4/5 years ago.

Matley Green is fantastically located within the heart of popular Brinnington. This area provides a wide range of local amenities including schools, shopping facilities, TRANSPORT LINKS, Brinnington Park Leisure Complex and Reddish Vale Country Park. Situated in close proximity to Stockport Town Centre for additional amenities and for the commuter, Brinnington Train Station will get you into the vibrant Manchester City Centre in less than 20 minutes. Furthermore, the M60 provides connections to the rest of the North West. Brinnington is seen as one of Stockport council's priority areas for investment and regeneration and has recently received £1million funding from the National Lottery.

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 💪