3 Bed Semi-Detached House, Refurb/BRRR, Cheadle Hulme, SK8 2EX, £325,000

Sandileigh Avenue, Cheadle, SK8 2EX - 8 views - 4 months ago

Leasehold
Refurb/BRRR
ROI: 1%
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£171K - £365K
Sold Prices/m²£2.3K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£284,270

 

 

End Value (After Refurb)

£312,000

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

£312,000

Mortgage (After Refinance)

£234,000

Mortgage LTV

75%

Cash Left In

£146,460

Equity

£78,000

Rent Range

£1,100 - £2,800

Rent Estimate

£1,410

Running Costs/mo

£1,277

Cashflow/mo

£133

Cashflow/yr

£1,596

ROI

1%

Gross Yield

5%

Local Sold Prices

51 sold prices from £171K to £365K, average is £263K. £2.3K/m² to £5K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£291K02/230.01 mi1, Sandileigh Avenue, Cheadle, Greater Manchester SK8 2EX3
£280K08/230.11 mi33, Aber Road, Cheadle, Greater Manchester SK8 2ER3
£250K06/210.11 mi49, Cheltenham Road, Stockport, Greater Manchester SK3 0SL3
£260K12/220.11 mi40, Cheltenham Road, Stockport, Greater Manchester SK3 0SL3
£280K03/230.11 mi57, Cheltenham Road, Stockport, Greater Manchester SK3 0SL3
£322.5K03/230.11 mi85, Cheltenham Road, Stockport, Greater Manchester SK3 0SL3
£210K12/200.12 mi3, Churchley Close, Stockport, Greater Manchester SK3 0TE3
£200K12/200.13 mi12, Bird Hall Lane, Stockport, Greater Manchester SK3 0RS3
£213.2K12/200.14 mi3, Woodbury Road, Stockport, Greater Manchester SK3 0SF3
£260K01/210.15 mi92, Boundary Road, Cheadle, Greater Manchester SK8 2EP3
£239.9K01/210.17 mi46, Royon Drive, Stockport, Greater Manchester SK3 0TA3
£265K06/210.17 mi35, Sherborne Road, Stockport, Greater Manchester SK3 0SN3
£274K09/210.17 mi51, Sherborne Road, Stockport, Greater Manchester SK3 0SN3
£232.5K09/230.17 mi10, Emlyn Grove, Cheadle, Greater Manchester SK8 2EY3
£230K07/210.17 mi29, Royon Drive, Stockport, Greater Manchester SK3 0TA3
£320.9K05/210.18 mi16, Sherborne Road, Stockport, Greater Manchester SK3 0RW3
£298K06/210.18 mi17, Sherborne Road, Stockport, Greater Manchester SK3 0RW3
£365K03/230.19 mi93, Lavington Avenue, Cheadle, Greater Manchester SK8 2HQ3
£247K03/210.19 mi21, Huntley Road, Stockport, Greater Manchester SK3 0RP3
£330K01/230.19 mi10, Huntley Road, Stockport, Greater Manchester SK3 0RP3
£240.8K09/230.19 mi3, Menai Grove, Cheadle, Greater Manchester SK8 2EZ3
£313.5K02/230.2 mi51, Lavington Avenue, Cheadle, Greater Manchester SK8 2HQ3
£285K10/220.21 mi93, Sherborne Road, Stockport, Greater Manchester SK3 0SP3
£171K03/210.25 mi11, Willdor Grove, Stockport, Greater Manchester SK3 0TW3
£300K04/230.25 mi14, Willdor Grove, Stockport, Greater Manchester SK3 0TW3
£289K12/200.25 mi49, Birchfield Road, Stockport, Greater Manchester SK3 0SY3
£205K02/210.25 mi44, Birchfield Road, Stockport, Greater Manchester SK3 0SY3
£318K09/210.25 mi61, Birchfield Road, Stockport, Greater Manchester SK3 0SY3
£312K08/230.25 mi51, Birchfield Road, Stockport, Greater Manchester SK3 0SY3
£312K08/230.25 mi51, Birchfield Road, Stockport, Greater Manchester SK3 0SY3
£235K12/200.25 mi25, Boundary Road, Cheadle, Greater Manchester SK8 2EN3
£352.5K01/230.26 mi56, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£263K02/230.26 mi5, Marbury Close, Stockport, Greater Manchester SK3 0HB3
£260K03/210.26 mi11, Marbury Close, Stockport, Greater Manchester SK3 0HB3
£231.5K06/210.26 mi3, Marbury Close, Stockport, Greater Manchester SK3 0HB3
£337K04/210.27 mi108, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£315K04/230.27 mi40, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£310K01/230.29 mi168, Edgeley Road, Stockport, Greater Manchester SK3 0TS3
£225K03/210.29 mi1, Carrs Road, Cheadle, Greater Manchester SK8 2EE3
£200K04/210.29 mi9, Carrs Road, Cheadle, Greater Manchester SK8 2EE3
£220K12/200.3 mi22, Naples Road, Stockport, Greater Manchester SK3 0TN3
£211K05/210.3 mi41, Naples Road, Stockport, Greater Manchester SK3 0TN3
£220K09/210.3 mi32, Naples Road, Stockport, Greater Manchester SK3 0TN3
£277K12/210.3 mi10, Naples Road, Stockport, Greater Manchester SK3 0TN3
£290K12/200.3 mi18, Tenby Road, Stockport, Greater Manchester SK3 0UN3
£285K04/210.3 mi28, Tenby Road, Stockport, Greater Manchester SK3 0UN3
£258K12/200.31 mi39, Tenby Road, Stockport, Greater Manchester SK3 0UN3
£185K01/210.32 mi39, St Davids Road, Cheadle, Greater Manchester SK8 2HF3
£211K08/210.32 mi38, St Davids Road, Cheadle, Greater Manchester SK8 2HF3
£249K03/210.32 mi23, The Circuit, Stockport, Greater Manchester SK3 9RN3
£274K02/230.33 mi67, Kensington Road, Stockport, Greater Manchester SK3 0UF3

Local Rents

23 rents from £1.1K/mo to £2.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,20008/240.08 miShaftsbury road Cheadle Heath SK33
£1,30012/240.11 miCheltenham Road, Stockport, Greater Manchester, SK3 0SL3
£1,65001/250.17 mi-3
£1,75012/240.19 mi-3
£1,49502/250.19 mi-3
£2,00003/250.21 mi-3
£1,10008/240.23 miGladville Drive, Cheadle, Cheshire, SK83
£1,60008/240.23 mi-3
£1,20008/240.25 miBirchfield Road, Stockport, Greater Manchester, SK33
£2,80004/250.31 mi-3
£1,30012/240.34 miStockport Road, Cheadle Heath, Stockport, SK3 0RG3
£1,39012/240.34 mi-3
£1,30012/240.39 miDorrington Road, Stockport, SK33
£1,75002/250.4 mi-3
£1,70012/240.4 miParkway SK33
£1,55012/240.48 miEuropa Way, Cheadle, Stockport SK33
£1,40009/240.49 miArgyll Road, Cheadle3
£1,25007/240.55 mi-3
£1,25001/240.55 mi-3
£1,40002/250.56 mi-3
£1,30008/240.58 miSelsey Avenue, Stockport, Greater Manchester, SK33
£1,30008/240.61 mi-3
£1,30008/240.61 miAvondale Road, Stockport, SK33

Local Area Statistics

Population in SK8

58,396

Population in Cheadle Hulme

58,434

Town centre distance

1.62 miles away

Nearest school

0.20 miles away

Nearest train station

1.25 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

February 24, 2025

Listed for £335,000

December 19, 2024

Sold for £200,000

2017

Sold for £165,000

2006

Sold for £108,000

2003

Floor Plans

Description

  • Spacious Family Home +
  • Three Bedrooms +
  • Extended Kitchen/Dining Room +
  • Garage & Driveway +
  • Delightful Lawned Garden +
  • Desirable Location +

Are you seeking to UPSIZE into a SPACIOUS and EXTENDED three bedroom FAMILY home? If so, look no further than this IMMACULATLEY presented semi detached property! Leading off from the welcoming entrance hall is a bay fronted lounge, while to the rear is an EXPANSIVE kitchen/dining room. Complete with contemporary appliances, the fitted kitchen is ideal for entertaining family and friends. A bright CONSERVATORY serves as another excellent reception area. The pleasing features continue to the first floor which contains three GOOD SIZED bedrooms and a MODERN three piece bathroom suite. Externally, the home sits on a superb plot, benefitting from a DRIVEWAY and a convenient integral GARAGE. To the rear is a fantastic enclosed garden, boasting an established lawn and a decking area which is ideal for outdoor entertaining and alfresco dining. Overall, the property has been exceptionally well maintained. The current owners have made many thoughtful renovations, such as fitting a new boiler last year, a new roof five years ago, new carpets and the home has been fully redecorated throughout. Situated within Cheadle Hulme, the property is within walking distance from a range of local amenities, including supermarkets, food/drink establishments and reputable schools. TRANSPORT LINKS are available from bus routes and the M60 motorway network. Stockport town centre is a ten minute drive away and is ideal for those who enjoy the social scene. Viewing is HIGHLY recommended to appreciate all this property has to offer. Call TODAY to register interest!

Agent Details

Edward Mellor Ltd, Edgeley

0161 524 2656

Next Steps?

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