2 Bed Flat, Single Let, Stockport, SK4 2DU, £195,000

Fox Hill Court, Boddens Hill Road, Heaton Mersey, SK4 2DU - 4 months ago

Sold STC

Leasehold

BTL

ROI: 1%

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£105K - £325K
Sold Prices/m²	£2.3K/m² - £6.7K/m²

Square Metres	~68.11 m²
Price/m²	£2.9K/m²
Value Estimate	£213,834£213,834
BMV	10%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£48,750£48,750
Stamp Duty & Legal Fees	£10,950£10,950
Total Cash In	£59,700£59,700

Cash Out
Rent Range	£800 - £1,495£800 - £1,495
Rent Estimate	£820
Running Costs/mo	£793£793
Cashflow/mo	£27£27
Cashflow/yr	£320£320
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

24 sold prices from £105K to £325K, average is £187K. £2.3K/m² to £6.7K/m², average is £3.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£167.5K	04/21	0.01 mi	7, Fox Hill Court, Stockport, Greater Manchester SK4 2DU	£3,350	50	2	Flat
£285K	04/21	0.39 mi	8, March Avenue, Stockport, Greater Manchester SK4 2LB	£3,701	77	2	Flat
£195K	11/20	0.42 mi	206b, Heaton Moor Road, Stockport, Greater Manchester SK4 4DU	£2,671	73	2	Flat
£195K	05/21	0.43 mi	3, Beaminster Court, Stockport, Greater Manchester SK4 3HY	-	-	2	Flat
£290K	06/21	0.51 mi	28, Colchester Place, Stockport, Greater Manchester SK4 2NY	£3,867	75	2	Flat
£184.9K	05/23	0.52 mi	56g, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR	-	-	2	Flat
£167.5K	05/21	0.52 mi	56f, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR	£2,393	70	2	Flat
£144K	10/21	0.52 mi	36e, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR	£2,703	53	2	Flat
£187K	06/21	0.55 mi	470a, Didsbury Road, Stockport, Greater Manchester SK4 3BS	£3,463	54	2	Flat
£177.5K	01/23	0.6 mi	49g, Crescent Park, Stockport, Greater Manchester SK4 2JD	£4,931	36	2	Flat
£187K	09/21	0.63 mi	9, Clifton Court, Stockport, Greater Manchester SK4 4DB	-	-	2	Flat
£155K	03/21	0.69 mi	Flat 9, Church Manor, Stanley Road, Stockport, Greater Manchester SK4 4HL	-	-	2	Flat
£105K	07/22	0.72 mi	17, Tillard Avenue, Cheadle Heath, Stockport, Greater Manchester SK3 0UB	-	-	2	Flat
£141K	05/22	0.72 mi	Flat 4, Park View Lodge, Kenilworth Road, Stockport, Greater Manchester SK3 0QQ	-	-	2	Flat
£130.5K	01/21	0.72 mi	33, Tillard Avenue, Stockport, Greater Manchester SK3 0UB	£2,330	56	2	Flat
£325K	10/22	0.77 mi	76, Green Pastures, Stockport, Greater Manchester SK4 3RA	£4,333	75	2	Flat
£179K	04/23	0.79 mi	30a, Sunnybank Avenue, Stockport, Greater Manchester SK4 3PR	£3,240	55	2	Flat
£205K	03/21	0.86 mi	Flat 4, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ	-	-	2	Flat
£200K	03/21	0.86 mi	Flat 12, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ	-	-	2	Flat
£220.5K	03/23	0.91 mi	36, Printers Close, Manchester, Greater Manchester M19 1TL	£3,196	69	2	Flat
£200K	01/21	0.91 mi	28, Printers Close, Manchester, Greater Manchester M19 1TL	£3,077	65	2	Flat
£209.8K	07/23	0.91 mi	7, Printers Close, Manchester, Greater Manchester M19 1TL	£6,659	32	2	Flat
£188K	01/21	0.91 mi	36, Printers Close, Manchester, Greater Manchester M19 1TL	£2,725	69	2	Flat
£130K	08/21	0.96 mi	40, Stitch Lane, Stockport, Greater Manchester SK4 2LS	-	-	2	Flat

Local Rents

34 rents from £800/mo to £1.5K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,300	09/24	0.12 mi	Briars Mount, Heaton Mersey, Stockport, SK4	2	Semi-Detached House
£1,100	10/24	0.16 mi	-	2	Flat
£1,100	01/25	0.16 mi	-	2	Flat
£1,150	02/25	0.16 mi	-	2	Flat
£1,050	07/24	0.22 mi	-	2	Flat
£895	08/24	0.33 mi	Elizabeth House, Didsbury Road, Heaton Mersey, Stockport, SK4	2	Flat
£1,495	08/24	0.34 mi	Devonshire Road, Heaton Moor, Stockport, SK4	2	Terraced House
£1,300	09/24	0.34 mi	Devonshire Road, Heaton Moor, Stockport, Cheshire, SK4	2	Terraced House
£900	08/24	0.35 mi	Moorside Road, Stockport	2	Flat
£900	08/24	0.35 mi	Moorside Road, Stockport	2	Flat
£900	08/24	0.46 mi	Craig Road, Heaton Mersey, Stockport	2	Flat
£900	09/24	0.46 mi	Valley Court, 4 Craig Road, Heaton Mersey, Stockport	2	Flat
£1,000	08/24	0.46 mi	Colchester Place, Heaton Norris, Stockport	2	Flat
£1,150	09/24	0.46 mi	Colchester Place, Heaton Norris, Stockport	2	Flat
£900	12/24	0.46 mi	-	2	Flat
£1,445	02/25	0.49 mi	-	2	Flat
£1,100	03/25	0.51 mi	-	2	Flat
£1,000	09/24	0.52 mi	Mersey Road, Heaton Mersey, Stockport, SK4	2	Flat
£950	09/24	0.52 mi	Norris Hill Drive, Heaton Norris, Stockport	2	Flat
£1,150	08/24	0.53 mi	Lyme Street, Heaton Mersey, Stockport, SK4	2	Terraced House
£975	09/24	0.54 mi	Epworth Court, 18 Hooley Range, Heaton Moor, Stockport, SK4	2	Flat
£900	09/24	0.54 mi	Hooley Range, Heaton Moor, Stockport, SK4	2	Flat
£1,200	08/24	0.55 mi	-	2	Flat
£1,200	08/24	0.55 mi	Leewood Court, 23 Hooley Range, Heaton Moor, Manchester, SK4	2	Flat
£1,100	09/24	0.55 mi	Epworth Court, Hooley Range, Heaton Moor	2	Flat
£1,150	09/24	0.56 mi	Castlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK4	2	Flat
£1,200	09/24	0.56 mi	Castlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK4	2	Flat
£1,150	09/24	0.56 mi	Castlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK4	2	Flat
£950	08/24	0.57 mi	-	2	Flat
£1,150	08/24	0.57 mi	-	2	Flat
£800	12/24	0.58 mi	Kent Road, Stockport, Cheshire, SK3	2	Terraced House
£1,050	12/24	0.6 mi	Kent Road, Stockport	2	Terraced House
£1,050	12/24	0.6 mi	Kent Road,SK3,Chealde Heath	2	Terraced House
£820	08/24	0.6 mi	Garrett Walk, Stockport, Greater Manchester, SK3	2	Flat

Local Area Statistics

Population in SK4	34,51034,510
Population in Stockport	181,140181,140
Town centre distance	3.06 miles away3.06 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.04 miles away1.04 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-9%-9%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+31%+31%

Property History

Listed for £195,000

January 7, 2025

Floor Plans

Description

Fully upgraded two-bedroom first-floor apartment +
Brand-new kitchen with sleek units and integrated appliances +
Modern bathroom featuring a walk-in shower and contemporary finishes +
Bright and spacious living/dining area with south-facing windows +
Located in the catchment for Didsbury Road Primary School and near Heaton Moor Village +
Private parking and a south-facing shared garden for outdoor relaxation +

This stunning two-bedroom first-floor apartment has been fully upgraded by its current owners, featuring a brand-new kitchen and bathroom suite, making it an ideal turnkey property for first-time buyers or buy-to-let investors. Located within the sought-after catchment area for Didsbury Road Primary School and close to Mersey Vale Nature Park, the apartment is just a short walk from the vibrant amenities of Heaton Moor Village and a convenient 20-minute walk to the East Didsbury tram stop.

As you enter through the well-maintained shared entrance, the apartment opens into a welcoming hallway with built-in storage cupboards. The bright and spacious living and dining area is bathed in natural light from its south-facing window, offering lovely views over the shared garden and private parking area. The modern kitchen is a true highlight, boasting sleek matching wall and base units, quality work surfaces, integrated appliances, and stylish flooring, perfect for modern living.
Both bedrooms are spacious double rooms, offering versatility to customize each space to your personal preferences. The newly renovated three-piece bathroom features a walk-in shower, hand wash basin, and low-level WC, all with a fresh, contemporary design. Additionally, the property benefits from a large loft, providing ample storage.
Externally, the property includes a private car park at the front with an allocated parking space, along with additional visitor parking. A charming south-facing shared garden to the side offers a peaceful space to relax and enjoy the warmer months.

Agent Details

Philip James Kennedy, Heaton Moor

0161 524 3546

Next Steps?

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

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