5 Bed HMO, Stockport, SK3 9HE, £325,000

Stopford Street, Edgeley, Stockport, SK3 9HE - 4 months ago

Sold STC

Leasehold

HMO

ROI: 6%

~91 m²

+5 photos

ValuationOvervalued

Sold Prices	£110K - £11.0M
Sold Prices/m²	£833/m² - £47.8K/m²

Square Metres	~91 m²
Price/m²	£3.6K/m²
Value Estimate	£303,333£303,333

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£23,700£23,700
Total Cash In	£104,950£104,950

Cash Out
Room Rate	£529£529
Gross Rent	£2,645
Running Costs/mo	£2,144£2,144
Cashflow/mo	£501£501
Cashflow/yr	£6,011£6,011
ROI	6%6%
Gross Yield	10%10%

Local Sold Prices

50 sold prices from £110K to £11.0M, average is £512.5K. £833/m² to £47.8K/m², average is £3.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£450K	04/23	0.45 mi	6, Crosby Street, Stockport, Greater Manchester SK2 6SH	-	-	5	Semi-Detached House
£348K	06/22	0.47 mi	39, Abbeyfield Close, Stockport, Greater Manchester SK3 8EH	-	-	5	Detached House
£423.9K	06/23	0.49 mi	13, Lowfield Road, Stockport, Greater Manchester SK2 6RW	£2,864	148	5	Terraced House
£520K	03/21	0.99 mi	165, Didsbury Road, Stockport, Greater Manchester SK4 2AE	£4,685	111	5	Detached House
£651K	11/20	1.03 mi	7, Marlcroft Avenue, Stockport, Greater Manchester SK4 3LZ	£3,763	173	5	Detached House
£415K	11/21	1.03 mi	16, Kennerley Road, Stockport, Greater Manchester SK2 6EY	£2,627	158	5	Semi-Detached House
£376K	03/21	1.09 mi	88, Craig Road, Stockport, Greater Manchester SK4 2BJ	-	-	5	Detached House
£520K	04/21	1.09 mi	27, Davenport Park Road, Stockport, Greater Manchester SK2 6JU	-	-	5	Semi-Detached House
£355K	08/21	1.11 mi	9, The Crescent, Stockport, Greater Manchester SK3 8SQ	£5,379	66	5	Semi-Detached House
£450K	11/22	1.13 mi	12, Cedarwood Avenue, Stockport, Greater Manchester SK4 2BT	-	-	5	Detached House
£677.5K	07/23	1.15 mi	20, Clifton Park Road, Stockport, Greater Manchester SK2 6LA	£3,682	184	5	Semi-Detached House
£535K	03/21	1.15 mi	1, The Orchards, Stockport, Greater Manchester SK3 8UH	£3,092	173	5	Detached House
£415K	02/21	1.18 mi	115, Lavington Avenue, Cheadle, Greater Manchester SK8 2HQ	£2,578	161	5	Detached House
£375K	06/21	1.24 mi	3, Boddens Hill Road, Stockport, Greater Manchester SK4 2DG	£2,500	150	5	Detached House
£1.1M	01/23	1.25 mi	200, Bramhall Lane, Davenport, Stockport, Greater Manchester SK3 8TX	£3,333	333	5	Detached House
£420K	08/21	1.25 mi	30, Torbay Drive, Stockport, Greater Manchester SK2 6AB	£4,286	98	5	Detached House
£347K	05/23	1.25 mi	7, Offerton Lane, Stockport, Greater Manchester SK2 5AA	£2,169	160	5	Semi-Detached House
£375K	03/23	1.26 mi	3, Boddens Hill Road, Stockport, Greater Manchester SK4 2DG	£2,500	150	5	Detached House
£630K	06/21	1.27 mi	7, Queens Close, Stockport, Greater Manchester SK4 3JL	-	-	5	Detached House
£1.1M	07/22	1.29 mi	36, The Crescent, Stockport, Greater Manchester SK3 8SN	£3,868	296	5	Detached House
£660K	12/20	1.31 mi	11, Hawthorn Grove, Stockport, Greater Manchester SK4 4HZ	£3,143	210	5	Semi-Detached House
£800K	07/23	1.31 mi	7, Hawthorn Grove, Stockport, Greater Manchester SK4 4HZ	£4,819	166	5	Semi-Detached House
£295K	06/21	1.31 mi	82, Midland Road, Bramhall, Stockport, Greater Manchester SK7 3DT	-	-	5	Semi-Detached House
£850K	09/22	1.33 mi	20, Cannock Drive, Heaton Mersey, Stockport, Greater Manchester SK4 3JB	-	-	5	Detached House
£11.0M	06/21	1.34 mi	67, Parsonage Road, Stockport, Greater Manchester SK4 4JW	£47,826	230	5	Detached House
£743K	09/21	1.35 mi	42, Queens Drive, Stockport, Greater Manchester SK4 3JW	£5,494	135	5	Semi-Detached House
£595K	02/21	1.38 mi	40, Egerton Road, Stockport, Greater Manchester SK3 8TQ	£4,556	131	5	Detached House
£341K	03/21	1.43 mi	36, Midland Road, Bramhall, Stockport, Greater Manchester SK7 3DR	£2,748	124	5	Semi-Detached House
£788K	06/21	1.44 mi	15, Kings Drive, Stockport, Greater Manchester SK4 4DZ	£3,008	262	5	Semi-Detached House
£260K	06/21	1.49 mi	30, Tarvin Road, Cheadle, Greater Manchester SK8 2LL	£1,884	138	5	Terraced House
£110K	05/21	1.5 mi	110, Reddish Road, Stockport, Greater Manchester SK5 7QJ	£833	132	5	Terraced House
£500K	04/23	1.5 mi	30, Tatton Road South, Stockport, Greater Manchester SK4 4LU	-	-	5	Semi-Detached House
£560K	11/20	1.56 mi	20, Langford Road, Stockport, Greater Manchester SK4 5BR	£2,995	187	5	Terraced House
£495K	12/20	1.6 mi	14, Flowery Field, Stockport, Greater Manchester SK2 7ED	£3,075	161	5	Semi-Detached House
£868.8K	06/21	1.61 mi	25, Victoria Grove, Stockport, Greater Manchester SK4 5BU	£3,489	249	5	Semi-Detached House
£175.5K	06/23	1.63 mi	Moseley Old Hall, Old Road, Cheadle, Greater Manchester SK8 2DX	-	-	5	Detached House
£495K	09/21	1.64 mi	32, Hillcrest Road, Stockport, Greater Manchester SK2 5QL	£2,964	167	5	Detached House
£783.5K	06/21	1.65 mi	24, Cleveland Road, Stockport, Greater Manchester SK4 4BS	£8,425	93	5	Detached House
£800K	07/23	1.66 mi	2, Brownsville Road, Stockport, Greater Manchester SK4 4PE	-	-	5	Semi-Detached House
£790K	06/21	1.67 mi	17, Singleton Road, Stockport, Greater Manchester SK4 4PW	£4,180	189	5	Detached House
£460K	06/21	1.69 mi	20, Brook Road, Stockport, Greater Manchester SK4 5BZ	£3,906	118	5	Detached House
£705K	02/23	1.69 mi	9, Cedar Grove, Stockport, Greater Manchester SK4 4RN	-	-	5	Terraced House
£446.5K	11/20	1.69 mi	9, Cedar Grove, Stockport, Greater Manchester SK4 4RN	-	-	5	Terraced House
£421K	03/21	1.69 mi	81, Woodlands Drive, Stockport, Greater Manchester SK2 5AP	£4,340	97	5	Detached House
£810K	05/23	1.74 mi	42, Peel Moat Road, Stockport, Greater Manchester SK4 4PH	£3,068	264	5	Semi-Detached House
£902K	01/23	1.76 mi	34, Peel Moat Road, Stockport, Greater Manchester SK4 4PH	£3,391	266	5	Terraced House
£580K	04/23	1.76 mi	32, Kinross Avenue, Stockport, Greater Manchester SK2 7EL	-	-	5	Detached House
£505K	07/23	1.76 mi	26, Christleton Avenue, Stockport, Greater Manchester SK4 5EQ	£5,604	90	5	Semi-Detached House
£592K	03/21	1.78 mi	20, Heathfield Avenue, Stockport, Greater Manchester SK4 4QJ	-	-	5	Semi-Detached House
£486.5K	02/21	1.78 mi	18, Heathfield Avenue, Stockport, Greater Manchester SK4 4QJ	£2,602	187	5	Semi-Detached House

Local Area Statistics

Population in SK3	27,92327,923
Population in Stockport	181,140181,140
Town centre distance	1.87 miles away1.87 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.24 miles away0.24 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+17%+17%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+49%+49%

Property History

Listed for £325,000

November 30, 2024

Floor Plans

Description

5 Bedroom HMO +
5 En-Suites +
Close to Stockport Train Station +
Investment Opportunity +

Julian Wadden are pleased to present this 5 Bed 5 Bath HMO to the market. Located on Stopford Street in Edgeley, perfect for investors.

The property comprises; five bedrooms all fitted with small kitchenette with en suite room. Communal kitchen/diner on the ground floor.

Property is fully tenanted and has been well maintained throughout. HMO license in place.

Gross Income - £31,740 PA

Agent Details

Julian Wadden, Stockport

0161 524 7110

Next Steps?

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