2 Bed Flat, Refurb/BRRR, Stockport, SK4 3LH, £200,000

Heaton Moor, Stockport, SK4 3LH - 21 views - 3 months ago

Sold STC
Leasehold
Refurb/BRRR
~68 m²
+4 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£28,775

Bridging Loan Interest

£5,250

Total Cash In

£92,975

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£276,737

Agent Fees (1%)

£2,767

Bridging Loan

£150,000

Bridging Loan Interest

£5,250

Flip Profit

£30,995

Local Sold Prices

50 sold prices from £74.5K to £325K, average is £155.5K. £1.4K/m² to £6.7K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£290K06/210.15 mi28, Colchester Place, Stockport, Greater Manchester SK4 2NY2
£195K11/200.18 mi206b, Heaton Moor Road, Stockport, Greater Manchester SK4 4DU2
£144K10/210.25 mi36e, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£184.9K05/230.26 mi56g, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£167.5K05/210.26 mi56f, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£155K03/210.26 miFlat 9, Church Manor, Stanley Road, Stockport, Greater Manchester SK4 4HL2
£285K04/210.27 mi8, March Avenue, Stockport, Greater Manchester SK4 2LB2
£187K09/210.37 mi9, Clifton Court, Stockport, Greater Manchester SK4 4DB2
£205K03/210.42 miFlat 4, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£200K03/210.42 miFlat 12, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£177.5K01/230.42 mi49g, Crescent Park, Stockport, Greater Manchester SK4 2JD2
£167.5K04/210.47 mi7, Fox Hill Court, Stockport, Greater Manchester SK4 2DU2
£195K05/210.5 mi3, Beaminster Court, Stockport, Greater Manchester SK4 3HY2
£130K08/210.65 mi40, Stitch Lane, Stockport, Greater Manchester SK4 2LS2
£179K04/230.74 mi30a, Sunnybank Avenue, Stockport, Greater Manchester SK4 3PR2
£187K06/210.88 mi470a, Didsbury Road, Stockport, Greater Manchester SK4 3BS2
£128K08/210.97 mi9, Alston Gardens, Manchester, Greater Manchester M19 1DW2
£105K07/221 mi17, Tillard Avenue, Cheadle Heath, Stockport, Greater Manchester SK3 0UB2
£130.5K01/211 mi33, Tillard Avenue, Stockport, Greater Manchester SK3 0UB2
£128K08/221 mi15, Oakland Avenue, Manchester, Greater Manchester M19 1LB2
£325K10/221.13 mi76, Green Pastures, Stockport, Greater Manchester SK4 3RA2
£185K12/221.15 mi23, Earl Street, Stockport, Greater Manchester SK3 9JZ2
£103K01/211.17 mi77, Broadlea Road, Manchester, Greater Manchester M19 1EG2
£141K05/221.17 miFlat 4, Park View Lodge, Kenilworth Road, Stockport, Greater Manchester SK3 0QQ2
£170K09/231.17 mi838, Burnage Lane, Manchester, Greater Manchester M19 1RS2
£115K03/211.24 mi1a, Avon Road, Manchester, Greater Manchester M19 1HP2
£220.5K03/231.24 mi36, Printers Close, Manchester, Greater Manchester M19 1TL2
£200K01/211.24 mi28, Printers Close, Manchester, Greater Manchester M19 1TL2
£209.8K07/231.24 mi7, Printers Close, Manchester, Greater Manchester M19 1TL2
£188K01/211.24 mi36, Printers Close, Manchester, Greater Manchester M19 1TL2
£142K10/211.32 mi146a, Burnage Lane, Manchester, Greater Manchester M19 1EF2
£75K02/231.38 mi5, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£130K04/211.46 mi35, Tarvin Avenue, Stockport, Greater Manchester SK4 5LG2
£188K09/231.48 mi145, Parrs Wood Road, Manchester, Greater Manchester M20 4RS2
£191K12/221.52 mi72, Briarfield Road, Manchester, Greater Manchester M20 4SS2
£168K01/231.53 mi22, Whimberry Way, Withington, Manchester, Greater Manchester M20 4SG2
£197K05/231.55 miFlat 307, Houldsworth Mill, Waterhouse Way, Reddish, Stockport, Greater Manchester SK5 6DD2
£147.5K12/201.56 mi93, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£152.5K12/201.56 mi51, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£156K06/231.59 mi59, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K09/211.59 mi34, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K01/231.59 mi83, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K01/231.59 mi1, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K01/231.59 mi72, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K07/211.59 mi35, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£144K01/211.59 mi48, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£74.5K06/211.59 mi37, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£137.5K03/211.59 mi47, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£145K04/231.59 mi63, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£153.5K03/231.59 mi86, Hatters Court, Stockport, Greater Manchester SK1 3EB2

Local Rents

46 rents from £850/mo to £2.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£97509/240.11 miEpworth Court, 18 Hooley Range, Heaton Moor, Stockport, SK42
£90008/240.12 miMoorside Road, Stockport2
£90008/240.12 miMoorside Road, Stockport2
£1,00008/240.12 miColchester Place, Heaton Norris, Stockport2
£1,15009/240.12 miColchester Place, Heaton Norris, Stockport2
£1,30009/240.12 miDevonshire Road, Heaton Moor, Stockport, Cheshire, SK42
£1,49508/240.13 miDevonshire Road, Heaton Moor, Stockport, SK42
£1,20008/240.13 miLeewood Court, 23 Hooley Range, Heaton Moor, Manchester, SK42
£1,10009/240.14 miEpworth Court, Hooley Range, Heaton Moor2
£90009/240.15 miHooley Range, Heaton Moor, Stockport, SK42
£1,15009/240.18 miCastlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK42
£1,20009/240.18 miCastlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK42
£1,15009/240.18 miCastlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK42
£95009/240.25 miNorris Hill Drive, Heaton Norris, Stockport2
£1,25008/240.31 mi-2
£2,30008/240.31 mi-2
£1,27508/240.32 miHollycrest Apartments2
£1,07503/250.32 mi-2
£1,07511/240.32 mi-2
£87008/240.33 mi118 Heaton Moor Road, Stockport, SK4 4JY 2
£89508/240.36 miElizabeth House, Didsbury Road, Heaton Mersey, Stockport, SK42
£90012/240.37 mi-2
£1,10010/240.37 mi-2
£1,10001/250.37 mi-2
£1,15002/250.37 mi-2
£1,20008/240.38 miHeaton Moor Road, Stockport, Greater Manchester, SK42
£95010/240.38 mi-2
£99509/240.4 miHeaton Moor Road, Heaton Moor2
£1,00009/240.42 miLea Road, Stockport2
£1,20004/250.43 mi-2
£89508/240.44 miThe Coach House, 92 Heaton Moor Road, Heaton Moor, Stockport, SK42
£1,60004/250.44 mi-2
£1,15009/240.46 mi64-66 Heaton Moor Road, Stockport, SK4 4NZ2
£85012/240.46 mi-2
£1,30009/240.46 miBriars Mount, Heaton Mersey, Stockport, SK42
£1,19508/240.46 miHeaton Moor Road, Stockport, Greater Manchester, SK42
£90008/240.55 miCraig Road, Heaton Mersey, Stockport2
£90009/240.55 miValley Court, 4 Craig Road, Heaton Mersey, Stockport2
£1,10009/240.55 miHeritage Gardens, Heaton Moor Road, Stockport2
£1,25008/240.55 mi-2
£1,35008/240.55 mi-2
£1,27512/240.55 mi-2
£1,20008/240.55 miHeritage Gardens, Heaton Moor Road, Heaton Moor2
£1,09508/240.56 miHeaton Gardens, Heaton Moor, Stockport, Manchester, SK42
£1,05007/240.56 mi-2
£1,10006/240.61 mi-2

Property History

Listed for £200,000

January 6, 2025

Sold for £154,500

2014

Sold for £123,500

2004

Sold for £108,950

2003

Floor Plans

Description

  • Ground Floor Split Level Apartment +
  • Close To Local Amenities And Transport Links +
  • Parking and Single Garage +
  • Walking Distance to Restaurants and Bars +
  • In Need Of Slight Modernisation +
  • Viewing Highly Recommended +

A rare opportunity to acquire this charming two-bedroom ground floor apartment situated in a highly sought-after location, close local bars, restaurants, shops and transport links. The property is a fantastic opportunity for both first time buyers and investors alike.

A great opportunity to acquire a self-contained split level ground floor apartment situated in an ideal location, the property briefly comprises: Entrance, open plan kitchen diner, spacious lounge with large windows letting in an abundance of light. To the top level of the apartment are two well proportioned double bedrooms, bathroom and a separate WC, The property benefits from plenty of storage, UPVC double glazing, parking and a single garage. Although the property may need to be slightly modernised it must be viewed to be fully appreciated.

Agent Details

Gascoigne Halman, Heaton Moor

0161 524 4814

Next Steps?

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