2 Bed Flat, Single Let, Stockport, SK1 3TN, £125,000

Millbrook Street, Stockport, SK1 3TN - 2 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£71.5K - £300K
Sold Prices/m²£1.3K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£156,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£795 - £2,699

Rent Estimate

£825

Running Costs/mo

£576

Cashflow/mo

£249

Cashflow/yr

£2,993

ROI

8%

Gross Yield

8%

Local Sold Prices

31 sold prices from £71.5K to £300K, average is £140K. £1.3K/m² to £3.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£156K06/230.18 mi59, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K09/210.18 mi34, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K01/230.18 mi83, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K01/230.18 mi1, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K01/230.18 mi72, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K07/210.18 mi35, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£144K01/210.18 mi48, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£74.5K06/210.18 mi37, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£137.5K03/210.18 mi47, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£145K04/230.18 mi63, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£153.5K03/230.18 mi86, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£148K02/230.19 mi43, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£160K08/220.2 mi31, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£162.3K10/220.2 mi76, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£185K12/220.32 mi23, Earl Street, Stockport, Greater Manchester SK3 9JZ2
£123K07/210.66 mi36, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£82K10/210.67 mi16, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£136K04/220.67 mi12, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£77.5K03/230.67 mi23, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£165K01/230.67 mi24, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£141K03/230.72 miApartment 14, Alder Heights, New Zealand Road, Stockport, Greater Manchester SK1 4AG2
£82.5K04/220.77 mi70, Newsham Road, Stockport, Greater Manchester SK3 8GN2
£120K06/210.78 mi62, Marsland Terrace, Stockport, Greater Manchester SK1 4PZ2
£300K06/210.83 mi19a, Offerton Lane, Stockport, Greater Manchester SK2 5AA2
£152K04/220.84 miFlat 3, Regency Court, Niagara Street, Stockport, Greater Manchester SK2 6EE2
£155K12/220.85 miFlat 1, Regency Court, Niagara Street, Stockport, Greater Manchester SK2 6EE2
£147K06/220.85 miFlat 5, Regency Court, Niagara Street, Stockport, Greater Manchester SK2 6EE2
£125K02/210.89 mi118a, Lowndes Lane, Stockport, Greater Manchester SK2 6DH2
£130K08/210.93 mi40, Stitch Lane, Stockport, Greater Manchester SK4 2LS2
£152.5K10/210.93 mi5, Wildwood Close, Stockport, Greater Manchester SK2 6EX2
£71.5K12/220.95 mi43, Rosefield Close, Stockport, Greater Manchester SK3 8QD2

Local Rents

50 rents from £795/mo to £2.7K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£95008/240.06 miWellington Road South SK12
£92508/240.07 mi-2
£99512/240.07 mi-2
£1,02511/240.1 mi-2
£1,00003/250.1 mi-2
£1,05004/250.1 mi-2
£1,02504/250.13 mi-2
£1,10008/240.14 miHigher Hillgate, Stockport, Greater Manchester, SK12
£1,10012/240.14 miHigher Hillgate, Stockport, Greater Manchester, SK12
£1,15008/240.15 miEdward House, Edward Street, Stockport2
£99511/230.15 miThomson Street, Edgeley, Stockport, SK32
£95008/240.16 miMiddle Hillgate, Hillgate, Stockport2
£1,20008/240.16 mi-2
£1,20004/250.16 mi-2
£95008/240.18 miHatters Court, Higher Hillgate2
£1,00012/240.18 miHatters Court, Stockport, Greater Manchester, SK12
£97511/230.18 miHatters Court, Higher Hillgate, Stockport2
£97512/240.18 miHatters Court, Stockport, SK1 3EB2
£80008/240.19 miWelcroft Street, Stockport Town Centre2
£85012/240.19 miWelcroft Street, Stockport Town Centre2
£1,10012/240.22 mi-2
£82508/240.24 miBirchfield House, Hopes Carr, Stockport2
£1,20002/250.25 mi-2
£95010/240.27 mi-2
£2,69901/250.27 mi-2
£95008/240.29 miCastle street, Edgeley SK32
£1,00012/240.29 miCastle street Edgeley, SK32
£87510/240.3 mi-2
£85011/240.3 mi-2
£95008/240.31 miRegal House, Duke Street, Stockport, SK12
£95012/240.31 miRegal House, Duke Street, Stockport, SK12
£95012/240.31 miRegal House, Duke Street, Stockport, SK12
£99512/240.31 miUpper Brook Street,2
£79508/240.32 mi-2
£82508/240.34 miWellington Road South, Stockport, Cheshire, SK22
£99512/240.34 mi-2
£1,14001/250.34 mi-2
£1,00008/240.34 miWellington Road South, Stockport2
£89512/240.34 miWellington Mill, Wellington Road South, Stockport, Cheshire, SK32
£1,00008/240.35 miWellington Mill, Stockport2
£1,00012/240.35 miWellington Road South, Stockport, Greater Manchester, SK32
£85008/240.35 miHigh Street, Stockport2
£1,58012/240.36 miThe Interchange, Stockport, SK32
£1,42512/240.36 miThe Interchange, Stockport, SK32
£1,42512/240.36 miThe Interchange, Daw Bank, Stockport, Greater Manchester, SK32
£1,46512/240.36 miThe Interchange, Daw Bank, Stockport, Greater Manchester, SK32
£1,35012/240.36 miThe Interchange, Daw Bank, Stockport, SK32
£1,54012/240.36 miThe Interchange, Daw Bank, Stockport, SK32
£1,45012/240.36 miThe Interchange, Daw Bank, SK32
£1,46512/240.36 miThe Interchange, Daw Bank, Stockport, SK32

Local Area Statistics

Population in SK1

11,230

Population in Stockport

181,140

Town centre distance

1.59 miles away

Nearest school

0.10 miles away

Nearest train station

0.23 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+44%

Property History

Listed for £125,000

November 20, 2024

Floor Plans

Description

  • Deceptively Spacious First Floor Apartment +
  • Two Double Bedrooms and Two Full Bathrooms +
  • Dual Aspect Open Plan Lounge Diner +
  • Modern Fitted Kitchen with Integrated Appliances +
  • Close to Stockport Centre & Train Station +
  • Well Presented Throughout +

Deceptively Spacious First Floor Apartment. Two Double Bedrooms. Two Bathrooms both with Modern White Three Piece Suites. Open Plan Lounge Diner to Modern Fitted Kitchen with Integrated Appliances. Communal Car Park. Very Close to Stockport Town Centre and Stockport Railway Station. Easy Access to Motorway Network

Joules bring to the market this deceptively spacious and well presented first floor apartment offering two double bedrooms and two bathrooms.
This attractive apartment briefly comprises: Communal entrance, stairs and lift up all floors. Private entrance door, hallway, open plan lounge/diner/kitchen. The reception offers dual aspect whilst the kitchen area is fitted with modern units and integrated oven, hob, fridge/freezer and automatic washing machine. Bedroom one is a good sized double bedroom giving access to the en-suite with modern three piece bathroom. Bedroom two is another double bedroom and there is the second bathroom again providing a modern three piece suite.
Conveniently located on the A6, the apartment offers an excellent location being close to Stockport town centre, providing access to the excellent commuter routes and being a short walk from the train station and the excellent shopping centre with its fabulous array of shopping, eating and socialising hot spots.

Communal Entrance - Secure access from carpark. Letter boxes. Stairs and lift to all floors

Private Entrance - Timber entrance door

Hallway - Door to handy storage cupboard, door to reception, bedrooms and bathroom. electric wall heater, telephone entry system

Lounge/Diner/Kitchen - 6.12m x 4.04m max plus door recess (20'1" x 13'3" - Spacious open plan and well presented room. Double aspect with large double glazed windows to both the front and side elevation. two electric wall heaters. Open to kitchen area with a range of modern units briefly comprising: Single drainer stainless steel sink unit with mixer tap, cupboards below, further base and eye level units. Bottle rack. Built in electric oven with electric four ring hob over , stainless steel splashback with stainless steel chimney style cooker hood above. Integrated fridge/freezer and automatic washing machine.

Bedroom One - 4.34m x 2.77m (14'3" x 9'1") - Good sized double bedroom, double glazed window with additional secondary glazed panel to the front elevation, electric wall heater. Large floor to ceiling fitted wardrobe with sliding doors. housing clothes hanging rails and shelving. Door to en-suite

En-Suite - Modern white three piece bathroom suite comprising: Panelled bath with mixer tap and shower over, shower screen. Wash hand basin with mixer tap, low level WC. Wall mounted mirror, shaver point. Attractively tiled walls, tiled floor, inset downlighting, extractor fan, chrome heated towel radiator

Bedroom Two - 3.23m x 2.90m max (10'7" x 9'6" max) - Further double bedroom, two double glazed window with additional secondary glazed panel to the front elevation, electric wall heater. Large floor to ceiling fitted wardrobe with mirror fronted sliding doors. housing clothes hanging rails and shelving.

Bathroom - Modern white three piece bathroom suite comprising: Panelled bath with mixer tap and shower over, shower screen. Wash hand basin with mixer tap, low level WC. Wall mounted mirror, shaver point. Attractively tiled walls and floor, chrome heated towel radiator. inset downlighting, extractor fan

Outside -

Communal Car Park - Communal car park to rear.

Information - Tenure : Leasehold with a 239 year lease remaining
Service Charge : £2,748.91pa
Ground Rent : £150 pa
Council Tax : Band B

Agent Details

Joules Estate Agency, Heaton Mersey

0161 524 4907

Next Steps?

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