3 Bed Detached House, Refurb/BRRR, Stalybridge, SK15 3ND, £300,000

Fold Crescent, Carrbrook, Stalybridge, Greater Manchester, SK15 3ND - 3 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£110K - £335K
Sold Prices/m²£1.5K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£232,500

 

 

End Value (After Refurb)

£266,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£39,200

Bridging Loan Interest

£7,875

Total Cash In

£145,025

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£266,250

Mortgage (After Refinance)

£199,688

Mortgage LTV

75%

Cash Left In

£145,025

Equity

£66,563

Rent Range

£850 - £3,300

Rent Estimate

£1,421

Running Costs/mo

£1,136

Cashflow/mo

£285

Cashflow/yr

£3,417

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £110K to £335K, average is £232.5K. £1.5K/m² to £3.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£250K12/220.02 mi8, Fold Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3ND3
£215K11/200.04 mi73, Fold Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3NB3
£260K12/220.08 mi42, Buckton Vale Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LW3
£280K02/210.09 mi20, Carrbrook Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LT3
£245K11/210.09 mi10, Carrbrook Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LT3
£215K06/210.1 mi58, Buckton Vale Road, Carrbrook, Stalybridge, Greater Manchester SK15 3PJ3
£260K06/230.13 mi73, Carrbrook Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3LR3
£285K08/230.13 mi46, Carrbrook Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3LR3
£162.5K05/210.13 mi14, Buckton Vale Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LW3
£195K03/210.16 mi23, Moorgate Road, Carrbrook, Stalybridge, Greater Manchester SK15 3NF3
£193K04/210.17 mi55, Moorgate Drive, Carrbrook, Stalybridge, Greater Manchester SK15 3LX3
£255K02/210.17 mi23, Moorgate Drive, Carrbrook, Stalybridge, Greater Manchester SK15 3LX3
£175K07/230.17 mi43, Bank Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LB3
£187.5K02/210.19 mi24, Buckton Vale Mews, Carrbrook, Stalybridge, Greater Manchester SK15 3SE3
£205K04/210.19 mi9, Buckton Vale Mews, Carrbrook, Stalybridge, Greater Manchester SK15 3SE3
£277.5K11/220.2 mi5, Castle Terrace, Carrbrook, Stalybridge, Greater Manchester SK15 3PQ3
£155K03/210.21 mi1, East Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LN3
£185K12/220.25 mi5, Moorland Road, Carrbrook, Stalybridge, Greater Manchester SK15 3JY3
£325K06/230.3 mi20, Calico Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3FJ3
£265K07/230.3 mi7, Moorgate Mews, Carrbrook, Stalybridge, Greater Manchester SK15 3RG3
£195K05/210.32 mi55, Calico Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3FL3
£180K11/200.32 mi65, Calico Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3FL3
£295K11/220.32 mi39, Calico Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3FL3
£117.5K02/210.38 mi18, Woodside Street, Carrbrook, Stalybridge, Greater Manchester SK15 3SB3
£121K10/200.42 mi6, Tipperary Street, Carrbrook, Stalybridge, Greater Manchester SK15 3PR3
£195K06/210.56 mi30, Princess Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PH3
£250K07/220.59 mi2, Princess Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PH3
£179K01/210.6 mi418, Huddersfield Road, Millbrook, Stalybridge, Greater Manchester SK15 3JL3
£285K03/210.6 mi15, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW3
£275K12/200.6 mi1, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW3
£292K11/220.62 mi43, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£335K09/230.64 mi21, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ3
£300K07/230.64 mi19, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ3
£221K04/210.64 mi28, Crowswood Drive, Stalybridge, Greater Manchester SK15 3RJ3
£295K06/230.64 mi35, Crowswood Drive, Stalybridge, Greater Manchester SK15 3RJ3
£293K06/230.66 mi16, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£298K08/230.66 mi37, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£230K02/230.69 mi33, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ3
£150K11/200.69 mi93, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ3
£270K06/220.7 mi7, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£110K02/210.71 mi3, Oxford Street, Millbrook, Stalybridge, Greater Manchester SK15 3JJ3
£130K11/220.71 mi5, Oxford Street, Millbrook, Stalybridge, Greater Manchester SK15 3JJ3
£165K12/200.72 mi39, Shakespeare Avenue, Millbrook, Stalybridge, Greater Manchester SK15 3HD3
£167K10/200.72 mi43, Shakespeare Avenue, Millbrook, Stalybridge, Greater Manchester SK15 3HD3
£235K06/210.73 mi3, Abney Grange, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LP3
£260K06/220.75 mi5, Abney Grange, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LP3
£235K06/210.75 mi3, Abney Grange, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LP3
£245K10/230.75 mi15, Cocksfoot Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JA3
£230K03/210.75 mi40, Cocksfoot Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JA3
£160K12/220.76 mi24, Shakespeare Avenue, Millbrook, Stalybridge, Greater Manchester SK15 3HE3

Local Rents

16 rents from £850/mo to £3.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,35008/240.16 miMoorgate Road, Stalybridge, Greater Manchester, SK153
£1,30008/240.26 mi-3
£1,30008/240.26 mi-3
£1,10004/240.3 mi-3
£1,05003/250.57 mi-3
£1,10011/230.7 mi-3
£99507/240.7 mi-3
£95006/230.79 mi-3
£3,30006/240.83 mi-3
£3,30006/240.83 mi-3
£3,30009/240.83 mi-3
£1,40002/250.88 mi-3
£1,00006/240.89 mi-3
£85009/240.92 miKing Street, OL53
£90011/241.14 mi-3
£90011/241.14 mi-3

Local Area Statistics

Population in SK15

27,625

Town centre distance

1.44 miles away

Nearest school

0.20 miles away

Nearest train station

1.12 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £300,000

January 13, 2025

Floor Plans

Description

  • FREEHOLD +
  • COUNCIL TAX BAND D +
  • EPC D +
  • LOVELY VIEWS +
  • IN NEED OF MODERNISATION +
  • POPULAR LOCATION +

Three bedroom detached property situated in the heart of Carrbrook. Gardens to front and rear wiuth off road parking and garden. Situated near to GOOD SCHOOLS and local shops. EPC D

Set in the heart of the ever popular village of Carrbrook, this three bedroom detached property is full of potential, and would be perfect for the expanding family.

Internally, the property offers a spacious living room with large window allowing for plenty of natural light and an open-plan kitchen/dining room at the rear which leads out on to the good sized rear garden. There is also a conservatory off the kitchen providing further living space.

On the first floor, there are three bedrooms, two of which are double rooms, and a modern shower room with a separate WC.

Externally, the property benefits from a good-sized gardens to both front and rear with a driveway providing off road parking leading to a single garage.

Ideally situated for a variety of local walks including ‘Stalybridge Country Park’ there are also a good variety of local schools, including Mossley Hollins secondary school.

Agent Details

Ryder & Dutton, Ashton-Under-Lyne

0161 524 2352

Next Steps?

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

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