3 Bed Semi-Detached House, Refurb/BRRR, Cheadle Hulme, SK8 5PP, £300,000

Alderdale Road, CHEADLE, Cheshire, SK8 5PP - 3 months ago

Leasehold
Refurb/BRRR
~93 m²
+4 photos

ValuationOvervalued

Sold Prices£150K - £465K
Sold Prices/m²£2.2K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£267,975

 

 

End Value (After Refurb)

£323,600

Uplift in Value

+0%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£39,428

Bridging Loan Interest

£7,875

Total Cash In

£138,753

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£323,600

Mortgage (After Refinance)

£242,700

Mortgage LTV

75%

Cash Released

£17,700

Cash Left In

£121,053

Equity

£80,900

Rent Range

£1,095 - £1,800

Rent Estimate

£1,334

Running Costs/mo

£1,298

Cashflow/mo

£36

Cashflow/yr

£431

ROI

0%

Gross Yield

5%

Local Sold Prices

51 sold prices from £150K to £465K, average is £285K. £2.2K/m² to £4.8K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£320K05/230 mi5, Alderdale Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PP3
£370K07/230.05 mi10, Regent Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PJ3
£240K07/230.08 mi23, Adswood Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QA3
£240K07/230.08 mi23, Adswood Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QA3
£255K04/210.12 mi10, Bridgend Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RP3
£375K09/210.12 mi5, Ladybower, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PS3
£369K02/230.15 mi10, Edenbridge Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PX3
£305K01/210.16 mi264, Councillor Lane, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PN3
£310K12/220.18 mi17, Carnforth Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QD3
£215K12/200.19 mi11, Dorset Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QR3
£342.5K03/210.22 mi4, Twining Brook Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PU3
£323.6K06/210.22 mi13, Twining Brook Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PU3
£290K05/210.22 mi17, Twining Brook Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PU3
£210K11/210.23 mi12, Kent Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QT3
£255K07/210.23 mi75, Adswood Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QY3
£300K06/210.24 mi12, Watersedge Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PY3
£295K03/230.24 mi22, Watersedge Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PY3
£255K12/220.27 mi40, Granville Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QL3
£240K03/210.27 mi45, Granville Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QL3
£217K03/210.27 mi18, Dorset Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QS3
£318K04/210.27 mi11, Tipton Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RS3
£359.9K06/210.27 mi8, Elmsted Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PZ3
£465K08/230.27 mi17, Elmsted Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PZ3
£238K09/210.27 mi48, Larkhill Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QW3
£230K03/210.31 mi25, Athlone Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QP3
£240K01/210.31 mi17, Berwyn Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QQ3
£230K02/210.31 mi7, Berwyn Avenue, Cheadle Hulme, Cheadle, Greater Manchester SK8 5QQ3
£328.5K07/210.32 mi66, Twining Brook Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RJ3
£285K06/230.34 mi7, Buttercup Drive, Stockport, Greater Manchester SK3 8QF3
£200K11/200.35 mi14, Daisy Mews, Stockport, Greater Manchester SK3 8QE3
£290K06/230.36 mi5, Lily Close, Stockport, Greater Manchester SK3 8QH3
£200K09/220.42 mi1, Wembley Close, Adswood, Stockport, Greater Manchester SK3 8GD3
£335K12/200.43 mi74, Calderbrook Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RZ3
£382K03/230.43 mi74, Calderbrook Drive, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RZ3
£150K01/210.43 mi20, Melrose Crescent, Stockport, Greater Manchester SK3 8PR3
£277K04/210.43 mi117, Crossefield Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PF3
£330K01/230.45 mi74, Crossefield Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PE3
£350K06/210.47 mi303, Adswood Road, Stockport, Greater Manchester SK3 8PL3
£329K06/210.48 mi4, Crossefield Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PE3
£365K05/230.48 mi72, Crossefield Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5PE3
£375K11/200.49 mi7, Meadowside, Bramhall, Stockport, Greater Manchester SK7 3LW3
£230K10/210.51 mi44, Arnfield Road, Stockport, Greater Manchester SK3 8PJ3
£222.5K02/210.52 mi18, Sandringham Road, Cheadle Hulme, Cheadle, Greater Manchester SK8 5NH3
£293K01/210.52 mi9, Woodend, Bramhall, Stockport, Greater Manchester SK7 3LN3
£280K07/230.52 mi22, Woodend, Bramhall, Stockport, Greater Manchester SK7 3LN3
£180K06/230.53 mi38, Weldon Crescent, Stockport, Greater Manchester SK3 8PX3
£385K09/210.54 mi20, Bladen Close, Cheadle Hulme, Cheadle, Greater Manchester SK8 5RU3
£222K11/200.55 mi216, Adswood Road, Stockport, Greater Manchester SK3 8PB3
£208K02/210.56 mi20, Rushton Drive, Bramhall, Stockport, Greater Manchester SK7 3LA3
£221K05/230.56 mi2a, Rushton Drive, Bramhall, Stockport, Greater Manchester SK7 3LA3
£215K12/220.57 mi5, Astbury Crescent, Stockport, Greater Manchester SK3 8NB3

Local Rents

15 rents from £1.1K/mo to £1.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,80001/240.08 mi-3
£1,55004/250.18 mi-3
£1,10002/250.18 mi-3
£1,35012/240.26 mi-3
£1,40008/240.31 miAthlone Heights, SK8 5BX3
£1,40008/240.31 miWestmeath Avenue, SK83
£1,40008/240.32 miWestmeath Avenue, SK83
£1,40008/240.32 miAthlone Heights, SK8 5BX3
£1,25007/240.33 mi-3
£1,25001/240.33 mi-3
£1,20008/240.56 miRushton Drive; Bramhall3
£1,09512/240.58 mi-3
£1,15008/240.6 miBarnfield Road West, Stockport3
£1,25009/240.61 miSandbach Walk, Cheadle, Stockport3
£1,40012/240.62 miDane Close, Bramhall, Stockport, Greater Manchester, SK73

Local Area Statistics

Population in SK8

58,396

Population in Cheadle Hulme

58,434

Town centre distance

1.04 miles away

Nearest school

0.40 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Price changed to £300,000

March 8, 2025

Listed for £325,000

January 13, 2025

Floor Plans

Description

  • Offered with no vendor chain +
  • Wallking distance of Cheadle Hulme Village +
  • Walking disstance to Cheadle Hulme Train Station +
  • Close to Waitrose, local butchers, liabry and much more +
  • Three Bedrooms +
  • Two reception rooms +
  • Driveway and Garage +
  • Front and rear garden +
  • EPC +

Offered with no vendor chain - Three bedroom semi detached home is ready to be moved straight into situated in the centre of Cheadle Hulme within walking distance to the village.
Ideal home for someone to put their own stamp on, in need of modernisation but perfectly immaculate and liveable.
This home is spacious and bright throughout comprising of hallway upon entry with storage cupboard, a great sized lounge with bay window and fireplace feature leading through to dining room looking out onto well maintained family garden. The ground floor also comprises of lengthy kitchen fitted with plenty of storage units and kitchen appliances.
To the first floor you are spoilt for choice with three bedrooms - two doubles and a single with family bathroom.
Externally the property boasts a large driveway suitable for two cars leading to a well maintained garage with gardens to the front and rear.

Agent Details

Bridgfords, Cheadle Hulme

0161 524 5098

Next Steps?

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

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