4 Bed Detached House, Cash/Bridging Only, Stalybridge, SK15 3ND, £285,000

Fold Crescent, Carrbrook, Stalybridge, SK15 3ND - 1 views - 4 months ago

Sold STC
Cash
ROI: 2%
~129 m²
+22 photos

ValuationUndervalued

Sold Prices£160K - £466K
Sold Prices/m²£1.7K/m² - £3.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.2K/m²

Value Estimate

£295,000

 

 

End Value (After Refurb)

£338,531

Uplift in Value

+15%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£12,300

Refurb Costs

£54,483

Bridging Loan Interest

£7,481

Total Cash In

£147,264

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£338,531

Mortgage (After Refinance)

£253,898

Mortgage LTV

75%

Cash Released

£40,148

Cash Left In

£107,116

Equity

£84,633

Rent Range

£850 - £3,300

Rent Estimate

£1,669

Running Costs/mo

£1,412

Cashflow/mo

£257

Cashflow/yr

£3,087

ROI

2%

Gross Yield

7%

Local Sold Prices

30 sold prices from £160K to £466K, average is £327.5K. £1.7K/m² to £3.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£310K02/230.07 mi28, Arundel Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LS4
£280K10/200.07 mi31, Arundel Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LS4
£440K11/210.12 mi17, Carrbrook Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3LP4
£375K01/230.12 mi11b, Carrbrook Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3LP4
£333K12/220.17 mi18, Carrbrook Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LT4
£347.5K06/210.22 mi18, Printers Drive, Carrbrook, Stalybridge, Greater Manchester SK15 3FN4
£295K10/200.22 mi1, Printers Drive, Carrbrook, Stalybridge, Greater Manchester SK15 3FN4
£310K07/230.24 mi63, Calico Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3FL4
£360K01/230.25 mi44, Calico Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3FJ4
£235K01/210.26 mi8, Moorgate Road, Carrbrook, Stalybridge, Greater Manchester SK15 3NJ4
£370K06/230.29 mi5, Larkwood Close, Carrbrook, Stalybridge, Greater Manchester SK15 3NL4
£350K03/230.29 mi9, Larkwood Close, Carrbrook, Stalybridge, Greater Manchester SK15 3NL4
£270K02/210.44 mi452, Huddersfield Road, Carrbrook, Stalybridge, Greater Manchester SK15 3JP4
£350K09/210.44 mi438, Huddersfield Road, Carrbrook, Stalybridge, Greater Manchester SK15 3JP4
£427K11/220.58 mi54, Whimberry Drive, Stalybridge, Greater Manchester SK15 3RU4
£200K04/210.59 mi31, Princess Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PH4
£355K02/210.61 mi4, Whimberry Drive, Stalybridge, Greater Manchester SK15 3RU4
£466K06/230.63 mi10, Hill Bank Close, Stalybridge, Greater Manchester SK15 3RQ4
£165K06/210.66 mi1, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ4
£401K12/220.67 mi6, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW4
£420K12/220.67 mi22, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW4
£357.5K11/200.67 mi26, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW4
£330K01/210.67 mi28, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW4
£160K07/230.7 mi42, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ4
£320K12/230.79 mi11, Crown Hill, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NY4
£235K06/210.81 mi1, Earnshaw Clough, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JD4
£325K10/220.84 mi27, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA4
£325K10/210.9 mi60, Egmont Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NF4
£180K03/210.94 mi1, Guildford Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NJ4
£250K10/200.94 mi26, Grove Road, Millbrook, Stalybridge, Greater Manchester SK15 3BE4

Local Rents

27 rents from £850/mo to £3.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35008/240.17 miMoorgate Road, Stalybridge, Greater Manchester, SK153
£1,30008/240.18 mi-3
£1,30008/240.18 mi-3
£1,10004/240.22 mi-3
£3,25005/240.28 mi-4
£1,05003/250.6 mi-3
£1,10011/230.76 mi-3
£99507/240.76 mi-3
£95010/230.76 mi-4
£2,00006/240.85 miMicklehurst Road, Mossley, Ashton-Under-Lyne, OL54
£2,00005/240.85 mi-4
£2,00006/240.85 mi-4
£2,00008/240.85 mi-4
£1,99510/240.85 mi-4
£1,50002/250.85 mi-4
£3,30006/240.85 mi-3
£3,30006/240.85 mi-3
£3,30009/240.85 mi-3
£1,35011/240.86 mi-4
£95006/230.87 mi-3
£1,40003/250.87 mi-3
£1,50003/250.87 mi-4
£85009/240.94 miKing Street, OL53
£1,00006/240.94 mi-3
£1,90008/241.12 miElmwood Park, Stalybridge, SK154
£90011/241.2 mi-3
£90011/241.2 mi-3

Local Area Statistics

Population in SK15

27,625

Town centre distance

1.50 miles away

Nearest school

0.20 miles away

Nearest train station

1.16 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Price changed to £285,000

January 23, 2025

Listed for £295,000

December 12, 2024

Sold for £217,500

2006

Floor Plans

Description

  • Four Bedroom Extended Detached +
  • Three Reception Rooms +
  • Kitchen & Utility Room +
  • Large Corner Plot +
  • Garage, Gardens & Driveway +
  • Chain Free +

Offered for sale "Chain Free" is this substantial four bedroom, three reception room modern detached property offering impressive and family sized accommodation of which only a full personal inspection will fully reveal.

Ideally positioned on an elevated position with views to Mossley and providing well planned and deceptively spacious accommodation that briefly comprises : To the ground floor entrance hallway, cloakroom/WC, bright and airy lounge opening to a dining area, separate dining room, excellent sized fitted kitchen opening to the utility room with access to the rear garden. Whilst to the first floor there are four excellent sized bedrooms (Master Bedroom with Shower Room) a family sized wet room/shower room. To the outside there are gardens to three sides laid mainly to lawn with flower borders, shaled driveway for two vehicles and separate driveway to the rear leading to the garage. The property is double glazed and central heated.

Impressively Sized Property Throughout - Viewing Highly Recommended!

Ground Floor -

Entrance Hall -

Cloakroom/Wc -

Lounge - 4.99m x 3.09m (16'4" x 10'2") -

Dining Area - 2.73m x 2.63m (8'11" x 8'8") -

Dining Room - 2.73m x 2.52m (8'11" x 8'3") -

Kitchen - 2.73m x 3.55m (8'11" x 11'8") -

Utility Room - 2.30m x 2.64m (7'7" x 8'8") -

First Floor -

Landing -

Bedroom 1 - 5.13m x 2.89m (16'10" x 9'6") -

Shower Room -

Bedroom 2 - 4.50m x 3.09m (14'9" x 10'2") -

Bedroom 3 - 3.22m x 2.63m (10'7" x 8'8") -

Bedroom 4 - 3.17m x 2.06m (10'5" x 6'9") -

Wet Room - Window to rear, door to:

Outside -

Garage -

Gardens & Driveway -

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.

Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪