3 Bed Semi-Detached House, Refurb/BRRR, Bredbury, SK6 2DU, £170,000

The Drive, Bredbury, Stockport, Cheshire, SK6 2DU - 31 views - 3 months ago

Sold STC
Leasehold
Refurb/BRRR
Planning
ROI: 1%
~93 m²
+6 photos

ValuationFair Value

Sold Prices£122.5K - £380K
Sold Prices/m²£1.5K/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£170,000

 

 

End Value (After Refurb)

£284,335

Uplift in Value

+67%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Refurb Costs

£39,324

Bridging Loan Interest

£4,463

Total Cash In

£94,337

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£284,335

Agent Fees (1%)

£2,843

Bridging Loan

£127,500

Bridging Loan Interest

£4,463

Flip Profit

£59,655

Local Sold Prices

52 sold prices from £122.5K to £380K, average is £217.5K. £1.5K/m² to £4.2K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£211.5K03/230.04 mi130, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EN3
£327K03/230.06 mi15, The Drive, Bredbury, Stockport, Greater Manchester SK6 2ED3
£275K07/230.06 mi41, The Drive, Bredbury, Stockport, Greater Manchester SK6 2ED3
£245K06/210.07 mi32, The Drive, Bredbury, Stockport, Greater Manchester SK6 2DU3
£210K02/210.13 mi39, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EJ3
£200K03/210.14 mi18, Elm Tree Road, Bredbury, Stockport, Greater Manchester SK6 2EQ3
£215K11/200.15 mi22, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EL3
£250K07/230.15 mi82, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EL3
£255K11/210.18 mi39, Elm Tree Road, Bredbury, Stockport, Greater Manchester SK6 2EG3
£280K12/220.2 mi36, The Crescent, Bredbury, Stockport, Greater Manchester SK6 2DX3
£265K06/210.2 mi407, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BG3
£220K09/210.22 mi73, Redhill Drive, Bredbury, Stockport, Greater Manchester SK6 2HQ3
£245K07/210.28 mi18, Tarvin Drive, Bredbury, Stockport, Greater Manchester SK6 2PW3
£250K05/210.28 mi25, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA3
£265K06/230.28 mi27, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA3
£265K06/230.28 mi27, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA3
£242K07/230.29 mi22, Belvedere Drive, Bredbury, Stockport, Greater Manchester SK6 2EF3
£242K07/230.29 mi22, Belvedere Drive, Bredbury, Stockport, Greater Manchester SK6 2EF3
£199K02/210.33 mi553, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BS3
£200K11/210.33 mi497, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BS3
£220K01/210.33 mi27, Alderley Drive, Bredbury, Stockport, Greater Manchester SK6 2PN3
£257.5K05/210.34 mi770, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BQ3
£251K05/210.35 mi54, Annable Road, Bredbury, Stockport, Greater Manchester SK6 2DF3
£183K01/230.35 mi27, Mayorlowe Avenue, Stockport, Greater Manchester SK5 8DB3
£230K01/230.39 mi108, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2PH3
£380K02/210.44 mi106a, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PA3
£152.5K07/210.44 mi95, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PA3
£225K12/200.45 mi8, Bancroft Close, Bredbury, Stockport, Greater Manchester SK6 2HB3
£275K01/230.47 mi6, Dorfield Close, Bredbury, Stockport, Greater Manchester SK6 2HD3
£133K01/210.48 mi137, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2AN3
£180.5K08/210.48 mi114, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2HA3
£182.8K02/210.51 mi14, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2NZ3
£190K10/200.52 mi3, Sandileigh Avenue, Stockport, Greater Manchester SK5 8AJ3
£165K05/230.55 mi8, Dawlish Avenue, Stockport, Greater Manchester SK5 8AX3
£280K09/220.55 mi17, Goyt Crescent, Stockport, Greater Manchester SK1 2HA3
£175K12/200.56 mi49, Newstead Grove, Bredbury, Stockport, Greater Manchester SK6 2NW3
£210K02/230.57 mi42, Shakespeare Road, Bredbury, Stockport, Greater Manchester SK6 2HN3
£143K01/210.58 mi53, Foliage Crescent, Stockport, Greater Manchester SK5 8AP3
£150K05/230.58 mi51, Foliage Crescent, Stockport, Greater Manchester SK5 8AP3
£212K02/210.58 mi22, Goyt Crescent, Stockport, Greater Manchester SK1 2HA3
£280K10/220.59 mi44, Crescent Road, Stockport, Greater Manchester SK1 2QQ3
£131K02/210.61 mi13, Middlesex Road, Brinnington, Stockport, Greater Manchester SK5 8HT3
£180K09/210.61 mi13, Middlesex Road, Brinnington, Stockport, Greater Manchester SK5 8HT3
£144K11/200.63 mi14, Marlowe Walks, Bredbury, Stockport, Greater Manchester SK6 2HP3
£170K06/230.65 mi50, Charlotte Street, Stockport, Greater Manchester SK1 2QH3
£275K01/230.67 mi6, Lombard Close, Bredbury, Stockport, Greater Manchester SK6 2PY3
£280K05/210.67 mi34, Brinnington Road, Stockport, Greater Manchester SK1 2EX3
£215K06/230.68 mi33, Nottingham Avenue, Stockport, Greater Manchester SK5 8ET3
£122.5K11/210.69 mi18, Cornwall Crescent, Stockport, Greater Manchester SK5 8HB3
£172.5K03/210.7 mi39, Carrington Road, Stockport, Greater Manchester SK1 2JX3
£274K03/230.73 mi4, Elderfield Drive, Bredbury, Stockport, Greater Manchester SK6 2QA3
£130K01/210.73 mi13, Shakespeare Road, Bredbury, Stockport, Greater Manchester SK6 2LH3

Local Rents

15 rents from £1.1K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,35008/240.12 miSandringham Road, Bredbury, Stockport, Cheshire, SK63
£1,20011/230.14 mi-3
£1,10008/240.21 miYew Tree Drive, Bredbury, Stockport, Cheshire, SK63
£1,35012/240.24 miSandringham Road, Stockport, SK6 2EL3
£1,29510/240.25 mi-3
£1,35012/240.34 mi-3
£1,35012/240.34 mi-3
£1,10008/240.35 miMayorlowe Avenue, Brinnington, Stockport, SK53
£1,10012/240.39 miKingsway, Bredbury, Stockport, Greater Manchester, SK63
£1,39508/240.39 mi-3
£1,34508/240.39 miThe Broadway, Bredbury, Stockport, Cheshire, SK63
£1,34508/240.41 miThe Broadway, Bredbury SK63
£1,25009/240.43 miBrinnington Road, Brinington, Stockport3
£1,25003/250.52 mi-3
£1,29003/250.6 mi-3

Local Area Statistics

Population in SK6

50,689

Town centre distance

0.54 miles away

Nearest school

0.20 miles away

Nearest train station

0.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £170,000

January 7, 2025

Floor Plans

Description

  • Three bedrooms +
  • Two reception rooms +
  • Potential for extension +
  • No onward chain +
  • Fantastic transport links +
  • Nearby schools +
  • Ample parking space +
  • Large front area +
  • Local amenities +
  • Green spaces nearby +

Situated on The Drive, Bredbury and brimming with character and potential, this property is eagerly awaiting someone with a keen eye for design to bring it back to life.

This home boasts three bedrooms, two of which are spacious doubles and one a cosy single, perfect for a family or those expecting guests. It also features two reception rooms, ideal for entertaining or creating a dedicated space for relaxation and family time. The house also includes one kitchen, ready for you to put your stamp on and transform into the heart of the home.

Though currently in need of renovation, this house is a blank canvas that presents an exciting opportunity to create your dream home. With the potential for extension subject to planning permission, your vision could truly come to life here. Plus, with no onward chain, the process could be smooth and straightforward.

Location wise, this property really shines. With fantastic public transport links, local amenities, nearby schools, and green spaces, everything you need is at your fingertips. The large front also provides ample parking for multiple vehicles, adding to the convenience.

The property falls within council tax band C and has an EPC rating of E. This home is ideal for investors looking for their next project or families eager to create their dream home in a friendly neighbourhood.

Don't miss out on this wonderful opportunity. Get in touch today to arrange a viewing.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HGR240167/2

Agent Details

Reeds Rains, Hazel Grove

0161 524 6912

Next Steps?

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

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