3 Bed Semi-Detached House, Cash/Bridging Only, Stalybridge, SK15 1LY, £234,950

1 Norman Road, Stalybridge, Greater Manchester, SK15 1LY - 3 views - 5 months ago

Sold STC
Cash
ROI: 4%
91 m²
+27 photos

ValuationOvervalued

Sold Prices£120K - £338K
Sold Prices/m²£1.1K/m² - £3.5K/m²

 

 

Square Metres

91 m²
Price/m²£2.6K/m²

Value Estimate

£201,582

 

 

End Value (After Refurb)

£215,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£58,738

Stamp Duty & Legal Fees

£8,399

Refurb Costs

£38,357

Bridging Loan Interest

£6,167

Total Cash In

£113,410

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£215,750

Mortgage (After Refinance)

£161,813

Mortgage LTV

75%

Cash Left In

£113,410

Equity

£53,938

Rent Range

£850 - £3,100

Rent Estimate

£1,321

Running Costs/mo

£958

Cashflow/mo

£363

Cashflow/yr

£4,351

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £120K to £338K, average is £180K. £1.1K/m² to £3.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£241K02/230.02 mi6, Norman Road, Stalybridge, Greater Manchester SK15 1LY3
£170K07/210.03 mi38, Norman Road, Stalybridge, Greater Manchester SK15 1LY3
£230K06/230.03 mi1, Norman Road, Stalybridge, Greater Manchester SK15 1LY3
£235K07/230.03 mi8, Norman Road, Stalybridge, Greater Manchester SK15 1LY3
£136.5K05/230.03 mi4, Norman Road, Stalybridge, Greater Manchester SK15 1LY3
£122.5K06/210.08 mi12, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1NF3
£290K11/220.12 mi3, Ash Grove, Stalybridge, Greater Manchester SK15 1NN3
£170K12/200.12 mi1, Ash Grove, Stalybridge, Greater Manchester SK15 1NN3
£150K10/210.12 mi4, Ash Grove, Stalybridge, Greater Manchester SK15 1NN3
£295K11/220.13 mi34, Stamford Grove, Stalybridge, Greater Manchester SK15 1LZ3
£335K05/230.14 mi20, Astley Grove, Stalybridge, Greater Manchester SK15 1NL3
£145K11/210.16 mi3, Hague Place, Stalybridge, Greater Manchester SK15 1DG3
£135K04/210.19 mi12, West Avenue, Stalybridge, Greater Manchester SK15 1DF3
£135K10/210.23 mi10, Harrison Street, Stalybridge, Greater Manchester SK15 1DQ3
£155K03/230.23 mi20, Regina Avenue, Stalybridge, Greater Manchester SK15 1DN3
£162.5K12/200.24 mi112, Stamford Drive, Stalybridge, Greater Manchester SK15 1QS3
£120K12/200.24 mi46, Stamford Drive, Stalybridge, Greater Manchester SK15 1QS3
£205.5K07/230.25 mi19, Regina Avenue, Stalybridge, Greater Manchester SK15 1DN3
£175K08/230.25 mi24, Regina Avenue, Stalybridge, Greater Manchester SK15 1DN3
£200K03/230.25 mi77, Stamford Drive, Stalybridge, Greater Manchester SK15 1QT3
£160K12/220.26 mi79, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1DB3
£175K12/220.28 mi3, Church Walk, Stalybridge, Greater Manchester SK15 1DL3
£338K09/230.31 mi139, Mellor Road, Ashton-under-lyne, Greater Manchester OL6 6RW3
£150K05/230.32 mi17, King Street, Stalybridge, Greater Manchester SK15 2AE3
£226K11/230.33 mi3, Park Crescent, Ashton-under-lyne, Greater Manchester OL6 6SW3
£185K02/230.33 mi125, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1DB3
£307.5K11/220.34 mi17, Clarence Street, Stalybridge, Greater Manchester SK15 1QP3
£260K03/240.36 mi4, Deramore Close, Ashton-under-lyne, Greater Manchester OL6 6RN3
£167K03/230.37 mi26, Church Street, Stalybridge, Greater Manchester SK15 1BE3
£160K03/210.37 mi15, Reyner Street, Ashton-under-lyne, Greater Manchester OL6 6RU3
£147K11/200.4 mi15, Frederick Street, Ashton-under-lyne, Greater Manchester OL6 6RY3
£210K04/230.41 mi9, Hob Hill, Stalybridge, Greater Manchester SK15 1TP3
£215K07/230.42 mi145, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1BJ3
£158.5K02/230.43 mi35, Audley Street, Ashton-under-lyne, Greater Manchester OL6 6RB3
£140K07/230.43 mi110, Cambridge Street, Stalybridge, Greater Manchester SK15 1AU3
£190K05/230.43 mi16, The Close, Stalybridge, Greater Manchester SK15 1HU3
£143K03/210.43 mi14, The Close, Stalybridge, Greater Manchester SK15 1HU3
£135K03/230.44 mi37, Rydal Walk, Stalybridge, Greater Manchester SK15 1ED3
£270K10/200.44 mi112, Thornfield Grove, Ashton-under-lyne, Greater Manchester OL6 6RJ3
£335K02/230.44 mi83, Arundel Street, Ashton-under-lyne, Greater Manchester OL6 6RH3
£278K11/220.45 mi97, Arundel Street, Ashton-under-lyne, Greater Manchester OL6 6RH3
£210K10/230.45 mi4, Hutton Avenue, Ashton-under-lyne, Greater Manchester OL6 6QY3
£213.5K06/210.45 mi46, Hutton Avenue, Ashton-under-lyne, Greater Manchester OL6 6QY3
£275K11/210.46 mi46, Rayners Close, Stalybridge, Greater Manchester SK15 1TJ3
£245K01/210.46 mi40, Rayners Close, Stalybridge, Greater Manchester SK15 1TJ3
£223K05/230.46 mi7, Rayners Close, Stalybridge, Greater Manchester SK15 1TJ3
£124K12/200.46 mi16, Coniston Drive, Stalybridge, Greater Manchester SK15 1EE3
£135K02/210.46 mi2, Coniston Drive, Stalybridge, Greater Manchester SK15 1EE3
£257.5K02/230.46 mi7, Lakes View, Stalybridge, Greater Manchester SK15 1JJ3
£172K09/230.46 mi20, Corkland Close, Ashton-under-lyne, Greater Manchester OL6 6SA3

Local Rents

17 rents from £850/mo to £3.1K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£95008/240.24 miStamford Street, Stalybridge, 3
£1,20008/240.28 miStamford Close, Stalybridge, Greater Manchester, SK153
£2,15006/240.33 miWillow Wood Close, Ashton-Under-Lyne3
£1,25008/240.36 mi-3
£1,25011/240.36 mi-3
£1,15004/250.36 mi-3
£3,10002/250.38 mi-3
£1,00007/240.4 miFrederick Street, Ashton-under-Lyne, Greater Manchester, OL63
£1,15004/250.46 mi-3
£1,40010/240.49 mi-3
£1,20003/250.49 mi-3
£1,40008/240.49 miSchool Crescent, Stalybridge, SK153
£85008/240.49 miWakefield Road, Stalybridge, Greater Manchester, SK153
£1,25009/240.59 miHeys Road, Ashton-under-Lyne3
£1,35008/240.6 miHawthorn Drive, Stalybridge, SK153
£1,15004/250.6 mi-3
£1,35008/240.6 miHawthorn Drive, Stalybridge3

Local Area Statistics

Population in SK15

27,625

Town centre distance

0.90 miles away

Nearest school

0.40 miles away

Nearest train station

0.15 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Price changed to £234,950

February 20, 2025

Listed for £239,950

November 7, 2024

Sold for £230,000

2023

Sold for £165,000

2019

Sold for £63,000

2000

Floor Plans

Description

  • No Vendor Chain +
  • Two Reception Rooms +
  • Three Bedrooms +
  • Separate WC +
  • Spacious And Versatile Rear Garden +
  • Viewing Highly Recommended! +

This beautifully extended three-bedroom semi-detached property, with no vendor chain offers fantastic family living accommodation in an ideal location, within walking distance of Stalybridge train station, West Hill School, and Stamford Park, making it perfect for families and commuters alike.

Upon entering, you are greeted by a welcoming entrance hall. The spacious lounge is a standout feature, boasting an open fire that adds warmth and charm to the space. French doors open up to the rear garden, allowing natural light to flood the room and providing a seamless transition between indoor and outdoor living.
Adjacent to the lounge, the charming dining room features a cosy wood-burning stove, creating an inviting atmosphere for family meals. The dining room is seamlessly connected to the well-appointed kitchen, which is designed with both functionality and style in mind.
On the first floor, the property features three bedrooms that offer ample space for rest and relaxation and offer the flexibility to serve as children's bedrooms, guest rooms, or home offices. The stylish family bathroom adds a touch of luxury with its roll-top bath, separate shower, and modern fixtures. Additionally, a separate WC enhances convenience for busy mornings.

Externally, the property is enhanced by steps leading up to a paved forecourt area at the front, providing attractive curb appeal. The rear garden is truly a highlight, offering a spacious and enclosed outdoor area perfect for children to play or for hosting summer barbecues. The garden features a large decking area, ideal for outdoor dining and relaxation, as well as a paved patio that extends along the side of the property. A lawn area provides a green space, complemented by an additional gated, paved patio area for even more outdoor enjoyment. Gated access to the front of the property adds to the overall convenience and security.

A must-see property for those seeking ample living space in a superb location.

Ground Floor -

Entrance Hall - Door to front, double glazed window to front, radiator, stairs leading to first floor, door to: storage cupboard, doors leading to:

Lounge - 5.63m x 3.72m (18'6" x 12'2") - Double glazed box window to front, feature cast iron fireplace with open fire, radiator, double glazed French doors leading out to rear garden.

Dining Room - 3.33m x 4.27m (10'11" x 14'0") - Double glazed box window to rear, feature inglenook fireplace with wood burning stove, radiator, open plan to:

Kitchen - 4.00m x 1.99m (13'1" x 6'6") - Fitted with a matching range of base and eye level units with worktop space over, inset Belfast style sink with mixer tap, tiled splashbacks, plumbing for washing machine, space for fridge/freezer, space for Range style cooker, two double glazed windows to side, door to side, leading out to rear garden.

First Floor -

Landing - Double glazed window to side, radiator, access to loft, doors leading to:

Bedroom 1 - 4.24m x 3.72m (13'11" x 12'2") - Double glazed box window to front, radiator, feature fireplace.

Bedroom 2 - 3.36m x 3.32m (11'0" x 10'11") - Double glazed window to front, double glazed window to rear, radiator, feature fireplace.

Bedroom 3 - 2.49m x 3.07m (8'2" x 10'1") - Double glazed window to front, radiator.

Bathroom - 1.76m x 3.70m (5'9" x 12'2") - Three piece suite comprising roll top bath with ornamental feet, vanity wash hand basin and tiled shower area, double glazed window to rear.

Wc - Double glazed window to rear, low-level WC, part tiled walls.

Outside - Steps leading up to paved area to the front of the property. Enclosed good sized garden to the rear and side with spacious decking area, paved patio leading to lawn and down the side of the property, additional paved garden area with gated access. Open aspect to West Hill Boys School to the rear.

Disclaimer - Home Estate Agents believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof. The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/her self of all measurements prior to purchase.

Before we can accept an offer for any property we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property we will require proof of funds. You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.

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Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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