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2 Bed Flat, Single Let, Bredbury, SK6 4QS, £125,000

Sunfield, Romiley, SK6 4QS - 2 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£80K - £277.5K
Sold Prices/m²£1.3K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£155,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£775 - £1,500

Rent Estimate

£775

Running Costs/mo

£566

Cashflow/mo

£209

Cashflow/yr

£2,513

ROI

7%

Gross Yield

7%

Local Sold Prices

23 sold prices from £80K to £277.5K, average is £139.9K. £1.3K/m² to £4.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£101K05/230.21 miFlat 12, New Acre Court, Metcalfe Drive, Romiley, Stockport, Greater Manchester SK6 3BJ2
£117K04/230.21 miFlat 4, New Acre Court, Metcalfe Drive, Romiley, Stockport, Greater Manchester SK6 3BJ2
£125K03/210.36 mi31a, Oak Avenue, Romiley, Stockport, Greater Manchester SK6 4DN2
£255K11/200.38 mi4, Highcroft Road, Romiley, Stockport, Greater Manchester SK6 4PS2
£111.5K11/200.44 mi42, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH2
£139.9K10/210.44 mi52, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH2
£222.5K11/220.53 miFlat 4a, Harrytown Hall, Harrytown, Romiley, Stockport, Greater Manchester SK6 3BT2
£277.5K02/210.64 mi47, Cambridge Drive, Woodley, Stockport, Greater Manchester SK6 1HZ2
£142.5K10/220.68 mi43, Oldham Drive, Bredbury, Stockport, Greater Manchester SK6 1HD2
£100K12/200.74 mi4, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£120K04/210.74 mi2, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£120K02/210.74 mi7, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£132K01/230.86 miFlat 20, Springbank Court, Manor Road, Woodley, Stockport, Greater Manchester SK6 1RW2
£80K04/210.89 mi67, Mill Lane, Woodley, Stockport, Greater Manchester SK6 1QJ2
£210K11/200.98 mi23, Birchall Green, Woodley, Stockport, Greater Manchester SK6 1RZ2
£233K05/211.53 mi11, Redbrow Hollow, Compstall, Stockport, Greater Manchester SK6 5GF2
£182K06/231.61 miApartment 9, Chelford House, Offerton Road, Stockport, Greater Manchester SK2 5GE2
£230K05/221.61 miApartment 12, Chelford House, Offerton Road, Stockport, Greater Manchester SK2 5GE2
£250K06/211.74 mi50, Poise Brook Road, Stockport, Greater Manchester SK2 5JF2
£136K05/211.91 mi8, Moreton Lane, Stockport, Greater Manchester SK2 5SW2
£167K01/231.93 miFlat 10a, King Edwards Court, King Edward Road, Hyde, Greater Manchester SK14 5JR2
£108K06/211.98 miFlat 6, Barton Court, Clough Fold Road, Hyde, Greater Manchester SK14 5AQ2
£210K02/212 mi38, Kingfisher Road, Stockport, Greater Manchester SK2 5JR2

Local Rents

10 rents from £775/mo to £1.5K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£87508/240.09 miSunfield, Romiley, Stockport2
£1,39503/250.2 mi-2
£1,00008/240.4 miBarrack Hill, Romiley2
£85003/250.43 mi-2
£77512/240.45 miBerrycroft Lane, Bredbury, Stockport2
£1,05008/240.5 miGeorge Lane, Bredbury, Stockport2
£1,10008/240.52 miWakefield Crescent, Romiley, Stockport, Cheshire, SK62
£1,50008/240.55 miOakwood Hall, Romiley, Stockport2
£1,20008/240.59 miCoppice Close, Woodley, Stockport, Greater Manchester, SK62
£87512/240.59 miThe Ridgway, Bredbury Green, Romiley, Stockport, Cheshire2

Links

Local Area Statistics

Population in SK6

50,689

Town centre distance

1.20 miles away

Nearest school

0.20 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £125,000

January 14, 2025

Floor Plans

Description

  • Upper floor apartment convenient for Romiley Village & Railway Station +
  • Two bedrooms +
  • Modern Fitted kitchen +
  • Modern bathroom with shower over the bath +
  • Electric heating +
  • Double glazing +
  • Communal gardens and parking +

An attractive and well proportioned two bedroom upper floor apartment situated within a few hundred yards of Romiley village centre and the railway station. The accommodation enjoys a combination of under-floor heating and storage heater and includes an entrance hall, 19'6" living room with dining space, a modern fitted kitchen, two bedrooms and a modern bathroom with shower over the bath. Outside there are attractive communal grounds including ample parking and clothes drying areas. Energy Rating: F. Council Tax Band: B.

Agent Details

Thomas Lardner, Romiley, Stockport

0161 524 7112

Next Steps?

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

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