4 Bed Terraced House, Refurb/BRRR, Stockport, SK4 4EE, £400,000

25 Grosvenor Road, Heaton Moor, Stockport, SK4 4EE - 20 views - 5 months ago

Sold STC
Refurb/BRRR
~129 m²
+15 photos

ValuationUndervalued

Sold Prices£264K - £880K
Sold Prices/m²£2.4K/m² - £6.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.1K/m²

Value Estimate

£412,000
BMV3%

 

 

End Value (After Refurb)

£533,351

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Refurb Costs

£54,608

Bridging Loan Interest

£10,500

Total Cash In

£187,558

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£533,351

Agent Fees (1%)

£5,334

Bridging Loan

£300,000

Bridging Loan Interest

£10,500

Flip Profit

£40,460

Local Sold Prices

50 sold prices from £264K to £880K, average is £525K. £2.4K/m² to £6.7K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£545K02/210 mi26, Grosvenor Road, Stockport, Greater Manchester SK4 4EE4
£510K12/220.04 mi7, Green Lane, Stockport, Greater Manchester SK4 3LE4
£445K04/210.04 mi19, Moorside Road, Stockport, Greater Manchester SK4 4DT4
£517.5K05/210.06 mi2, Devonshire Road, Stockport, Greater Manchester SK4 4EF4
£538K10/210.06 mi31, Albert Road, Stockport, Greater Manchester SK4 4EG4
£427K02/210.06 mi28, Albert Road, Stockport, Greater Manchester SK4 4EG4
£385K03/210.09 mi12, Barnard Avenue, Stockport, Greater Manchester SK4 4EP4
£390K11/200.1 mi2, Albert Road, Stockport, Greater Manchester SK4 4EQ4
£380K02/210.1 mi10, Albert Road, Stockport, Greater Manchester SK4 4EQ4
£486.5K02/210.13 mi31, Fullerton Road, Stockport, Greater Manchester SK4 4EN4
£400K05/230.15 mi13, Bankhall Road, Stockport, Greater Manchester SK4 3JR4
£450K06/210.15 mi23, Bankhall Road, Stockport, Greater Manchester SK4 3JR4
£500K02/210.16 mi26, Balmoral Road, Stockport, Greater Manchester SK4 4EB4
£505K12/200.16 mi87, Green Lane, Stockport, Greater Manchester SK4 3LH4
£565K12/220.16 mi85, Green Lane, Stockport, Greater Manchester SK4 3LH4
£450K06/210.19 mi38, Wittenbury Road, Stockport, Greater Manchester SK4 3LY4
£619K03/210.22 mi55, Thornfield Road, Stockport, Greater Manchester SK4 3JT4
£595K12/200.27 mi3, Queens Close, Stockport, Greater Manchester SK4 3JL4
£595K12/200.27 mi3, Queens Close, Stockport, Greater Manchester SK4 3JL4
£728K08/210.28 mi5, Norman Road, Stockport, Greater Manchester SK4 4HJ4
£738K12/200.3 mi34a, Mauldeth Road, Stockport, Greater Manchester SK4 3ND4
£635K11/200.34 mi3, Cranbourne Road, Stockport, Greater Manchester SK4 4LD4
£285K01/210.35 mi211, Green Lane, Stockport, Greater Manchester SK4 2NF4
£655K03/230.36 mi66, Buckingham Road West, Stockport, Greater Manchester SK4 4BT4
£546K08/210.36 mi42, Alan Road, Stockport, Greater Manchester SK4 4LE4
£690.5K10/220.36 mi27, Cleveland Road, Stockport, Greater Manchester SK4 4BS4
£675K02/210.37 mi10, Mauldeth Road, Stockport, Greater Manchester SK4 3NG4
£348K03/210.37 mi19, The Green, Stockport, Greater Manchester SK4 2NP4
£485K05/230.38 mi23, Tennyson Close, Stockport, Greater Manchester SK4 2ED4
£436K01/210.38 mi13, Tennyson Close, Stockport, Greater Manchester SK4 2ED4
£535K02/230.4 mi12, Acrefield Avenue, Stockport, Greater Manchester SK4 4BB4
£510K05/230.41 mi19, Frodsham Avenue, Stockport, Greater Manchester SK4 2NH4
£625K06/210.42 mi31, Buckingham Road West, Stockport, Greater Manchester SK4 4BA4
£475K01/230.44 mi32, Nursery Road, Stockport, Greater Manchester SK4 2NE4
£264K03/210.45 mi8, Deneway Close, Stockport, Greater Manchester SK4 2HX4
£381K06/210.45 mi31, Lodge Court, Stockport, Greater Manchester SK4 3HZ4
£650K01/210.45 mi41, Priestnall Road, Stockport, Greater Manchester SK4 3HW4
£546K05/230.46 mi3, Cannock Drive, Heaton Mersey, Stockport, Greater Manchester SK4 3JB4
£655K02/210.46 mi13, Churwell Avenue, Stockport, Greater Manchester SK4 3QE4
£560K03/230.46 mi36, Heathcote Avenue, Stockport, Greater Manchester SK4 2QF4
£606.3K06/210.47 mi39, Shaw Road, Stockport, Greater Manchester SK4 4AG4
£550K02/210.48 mi4, Freshfield Road, Stockport, Greater Manchester SK4 3HN4
£520K02/210.49 mi11, Alexandra Road, Stockport, Greater Manchester SK4 2QE4
£460K04/210.51 mi67, Broomfield Road, Stockport, Greater Manchester SK4 4LZ4
£525K12/200.51 mi70, Sevenoaks Avenue, Stockport, Greater Manchester SK4 4AU4
£880K12/200.51 mi11, Highfield Park, Stockport, Greater Manchester SK4 3HD4
£602K12/220.52 mi9, Buckingham Road West, Stockport, Greater Manchester SK4 4AZ4
£520K04/230.52 mi8, Locksley Close, Stockport, Greater Manchester SK4 2LW4
£525K02/210.52 mi30, Locksley Close, Stockport, Greater Manchester SK4 2LW4
£589.9K04/230.52 mi9, Dovercourt Avenue, Stockport, Greater Manchester SK4 3QB4

Local Rents

16 rents from £1.1K/mo to £2.3K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,29510/240.05 mi-3
£2,19508/240.09 miHawthorn Grove, Heaton Moor, Greater Manchester, SK44
£1,15009/240.11 miHeaton Moor Road, Heaton Moor, Stockport, SK43
£1,95010/240.22 mi-4
£1,64508/240.27 miDidsbury Road, Heaton Mersey, Stockport, SK43
£2,30008/240.33 miBuckingham Road West, Heaton Moor, Stockport, SK45
£1,30008/240.36 mi-3
£1,35009/240.39 miHeaton Moor Road, Heaton Moor, Stockport, SK43
£1,50008/240.42 mi-3
£1,25002/240.47 mi-3
£1,98008/240.47 mi-3
£1,69508/240.48 miLeeside, Heaton Mersey, Stockport3
£2,00009/240.49 miTrentham Avenue, Heaton Mersey, Stockport, SK44
£1,50008/240.5 miNursery Road, Heaton Norris, Stockport3
£1,40008/240.51 miShaw House, Shaw Road, Heaton Moor3
£1,25004/250.54 mi-3

Local Area Statistics

Population in SK4

34,510

Population in Stockport

181,140

Town centre distance

3.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £400,000

November 11, 2024

Floor Plans

Description

  • No Chain Involved! +
  • Four Bedroom Mews +
  • In Need Of Updating +
  • Large L-Shape Lounge +
  • Conservatory +
  • Gas Central Heating +
  • Upvc Double Glazing +
  • Garage Over 22 Foot Long +
  • Gardens Front & Rear +
  • Superb Location +

A FOUR BEDROOM modern mews property ideally situated just a short stroll away from local amenities including shops, bars, restaurants, cafes, sports facilities, schools for all ages and the beautiful Savoy cinema. In addition for the commuter buses operate into both Stockport and Manchester centres and Heaton Chapel train station is just a 0.8 mile walk away. The accommodation is in need of updating but all the ingredients are there for a purchaser to carry out improvements to their own tastes and requirements. Ground floor rooms include a hall with a cloaks/wc off, a large L-shape lounge with a dining area leads into a conservatory and there is a kitchen. Stairs from the hall lead to the first floor where the four bedrooms and family bathroom will be found. A driveway to the front provides off road parking and leads to an integral brick garage which is over 22 feet in length. The property is gas centrally heated and upvc double glazed. Gardens to the front and rear complete what is sure to be a fantastic family home. The property is freehold and council tax band C. No chain involved!

Agent Details

John Mellor Independent Estate Agents, Heaton Moor

0161 524 4074

Next Steps?

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