3 Bed Semi-Detached House, Refurb/BRRR, Cheadle Hulme, SK8 7QJ, £325,000

11 Byland Avenue, Cheadle Hulme, SK8 7JZ - 2 views - 5 months ago

Sold STC
Refurb/BRRR
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£255K - £900K
Sold Prices/m²£2.3K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£335,000

 

 

End Value (After Refurb)

£380,346

Uplift in Value

+14%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£15,500

Refurb Costs

£39,428

Bridging Loan Interest

£8,531

Total Cash In

£146,460

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£380,346

Mortgage (After Refinance)

£285,260

Mortgage LTV

75%

Cash Released

£41,510

Cash Left In

£104,950

Equity

£95,087

Rent Range

£1,200 - £1,850

Rent Estimate

£1,530

Running Costs/mo

£1,515

Cashflow/mo

£15

Cashflow/yr

£185

ROI

0%

Gross Yield

6%

Local Sold Prices

50 sold prices from £255K to £900K, average is £366.7K. £2.3K/m² to £6.9K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£283.5K12/200.04 mi20, Tewkesbury Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QQ3
£420K05/230.04 mi5, Tewkesbury Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QQ3
£335K12/200.05 mi74, Malmesbury Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QL3
£314.5K03/210.07 mi42, Waverley Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QE3
£358K02/210.11 mi1, Sherbourne Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QN3
£475K08/230.12 mi9, Lyncombe Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 7RB3
£365K06/210.12 mi3, Bolton Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QS3
£368.4K09/230.13 mi32, Waltham Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QW3
£322K03/230.13 mi16, Waltham Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QW3
£255K02/210.15 mi15, Romsey Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QB3
£255K01/210.16 mi7, May Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 7LS3
£319K02/210.16 mi5, Kirkstead Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7PZ3
£385K07/230.16 mi6, Kirkstead Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7PZ3
£285.5K02/230.16 mi14, Selby Gardens, Cheadle Hulme, Cheadle, Greater Manchester SK8 7PT3
£437K12/210.17 mi93, Malmesbury Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QL3
£470K08/230.17 mi93, Malmesbury Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7QL3
£345K02/230.17 mi11a, Kirkstead Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7PZ3
£385K12/200.17 mi88, Fountains Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7PY3
£430K08/230.17 mi90, Fountains Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7PY3
£457.3K11/210.21 mi77, Vicarage Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 7JP3
£487K01/210.22 mi24, Yew Tree Park Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7EP3
£322.5K01/210.23 mi8, Chapel Walks, Cheadle Hulme, Cheadle, Greater Manchester SK8 7LY3
£352K11/210.24 mi32, Pingate Lane South, Cheadle Hulme, Cheadle, Greater Manchester SK8 7NP3
£332K06/210.27 mi15, Woodstock Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 7LD3
£287.5K12/200.27 mi42, Woodstock Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 7LD3
£300K12/200.27 mi44, Woodstock Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 7LD3
£455K07/230.28 mi2, Furness Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7PX3
£455K07/230.29 mi22, Copperfield Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 7PN3
£395K11/210.29 mi9, The Circuit, Cheadle Hulme, Cheadle, Greater Manchester SK8 7LF3
£300K03/230.29 mi62, Pingate Lane, Cheadle Hulme, Cheadle, Greater Manchester SK8 7LT3
£330K01/210.3 mi127, Ashley Drive, Bramhall, Stockport, Greater Manchester SK7 1ES3
£900K06/210.32 mi15, Oak Drive, Bramhall, Stockport, Greater Manchester SK7 2AD3
£565K06/210.32 mi7, Oak Drive, Bramhall, Stockport, Greater Manchester SK7 2AD3
£298K02/210.33 mi93, Gillbent Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 6NQ3
£450K04/230.33 mi124, Acre Lane, Cheadle Hulme, Cheadle, Greater Manchester SK8 7PD3
£565K07/230.34 mi86, Glandon Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 7EY3
£537K06/230.35 mi141, Grove Lane, Cheadle Hulme, Cheadle, Greater Manchester SK8 7NG3
£375K06/210.36 mi21, Blythe Avenue, Bramhall, Stockport, Greater Manchester SK7 1EU3
£292.3K06/210.38 mi1, Ashdown Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 6NA3
£350K12/200.39 mi59, Ashley Drive, Bramhall, Stockport, Greater Manchester SK7 1EP3
£335K12/200.39 mi65, Ashley Drive, Bramhall, Stockport, Greater Manchester SK7 1EP3
£375K05/230.39 mi77, Ashley Drive, Bramhall, Stockport, Greater Manchester SK7 1EP3
£345K05/210.39 mi22, Gillbent Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 6NB3
£455K12/220.39 mi25, Severn Drive, Bramhall, Stockport, Greater Manchester SK7 1EX3
£410.5K06/210.39 mi19, Severn Drive, Bramhall, Stockport, Greater Manchester SK7 1EX3
£440K05/230.39 mi11, Severn Drive, Bramhall, Stockport, Greater Manchester SK7 1EX3
£479.9K02/210.41 mi55, Moss Lane, Bramhall, Stockport, Greater Manchester SK7 1EQ3
£350K02/230.41 mi47, Sunningdale Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 6PB3
£435K01/210.42 mi12, Selwyn Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 7HA3
£356K01/210.42 mi5, Arundel Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 6NX3

Local Rents

14 rents from £1.2K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,80003/250.07 mi-3
£1,70011/240.1 mi-3
£1,45010/240.11 mi-3
£1,45009/240.11 miWaverley Drive, Cheadle Hulme, Cheadle, SK83
£1,85002/250.19 mi-3
£1,65009/240.23 miCleeve Way, Cheadle3
£1,68012/240.31 mi-3
£1,74912/240.34 mi-3
£1,50002/250.38 mi-3
£1,80008/240.38 miSunningdale Road, Cheadle Hulme, Cheadle, SK83
£1,25009/240.41 miNewlands Avenue, Cheadle Hulme3
£1,20008/240.42 miSunningdale Road, Cheadle, Greater Manchester, SK83
£1,39912/230.48 mi-3
£1,50002/250.51 mi-3

Local Area Statistics

Population in SK8

58,396

Population in Cheadle Hulme

58,434

Town centre distance

0.92 miles away

Nearest school

0.20 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Price changed to £325,000

January 31, 2025

Listed for £335,000

November 14, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • THREE BEDROOM SEMI-DETACHED +
  • DETACHED BRICK-BUILT GARAGE +
  • CATCHMENT FOR CHEADLE HULME HIGH SCHOOL AND HURSTHEAD PRIMARY SCHOOLS +
  • POTENTIAL FOR MODERNISATION +
  • QUIET ROAD +

A brilliant three bedroom semi-detached home sitting on a quiet road on the popular 'Hursthead' estate in Cheadle Hulme. A short walk from the popular Hursthead Primary and Junior schools, and sitting in catchment for the 'Outstanding' Cheadle Hulme High School. This home is a blank canvas for a new owner to put their own stamp on. Offered for sale with NO ONWARD CHAIN. Byland Avenue boasts a mix of semi-detached and detached bungalows and houses, and is in easy reach of both Bramhall and Cheadle Hulme villages and their respective train stations and popular bars, shops and restaurants. Close to hugely sought-after schools as well as a short stroll to local shops and cafes, this wonderful home is ideally located with everything you could need right on your doorstep! There is a welcoming entrance hall that leads through to an inner hallway with understairs storage. To the left hand side is a large living/dining room spanning the length of the property and offering dual-aspect with a large window to the front elevation and a window and door at the rear leading out to the multi-function conservatory. The kitchen sits off the dining room and boasts generous cupboards and drawers and a rear door providing further access to the conservatory. The conservatory is split into two parts, one part is utilised as a utility room off the kitchen, and the other side a charming sitting area, both offering patio doors out to the garden. To the first floor there are three bedrooms comprising two doubles and a single, with all bedrooms boasting fitted storage cupboards. The master bedroom sits at the front of the house and is generous in size with one storage cupboard. Bedroom two is at the rear and also provides a storage cupboard, and the third bedroom offers another large storage cupboard over the stairs. A shower room sits at the rear and offers a walk-in shower, WC and wash hand basin. Externally the rear garden benefits from a private aspect and is a lawned space enclosed by wooden fencing. The detached garage sits at the foot of the driveway and can be accessed via an up and over door from the driveway or a side door from the garden. At the front of the property the driveway sits alongside a small lawn and provides off-road parking.

Agent Details

Leighton Snow, Bramhall

0161 524 6749

Next Steps?

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