4 Bed Detached House, Cash/Bridging Only, Stalybridge, SK15 2ST, £450,000

Blundering Lane, Stalybridge, SK15 2ST - 4 months ago

Sold STC
Leasehold
Cash
~168 m²
+31 photos

ValuationFair Value

Sold Prices£210K - £690K
Sold Prices/m²£1.5K/m² - £5.2K/m²

 

 

Square Metres

~168.30 m²
Price/m²£2.7K/m²

Value Estimate

£454,500

 

 

End Value (After Refurb)

£545,838

Uplift in Value

+21%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£36,200

Refurb Costs

£70,939

Bridging Loan Interest

£11,813

Total Cash In

£233,202

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£545,838

Mortgage (After Refinance)

£409,378

Mortgage LTV

75%

Cash Released

£71,878

Cash Left In

£161,323

Equity

£136,459

Rent Range

£895 - £2,200

Rent Estimate

£1,365

Running Costs/mo

£1,999

Cashflow/mo

£-634

Cashflow/yr

£-7,605

Gross Yield

4%

Local Sold Prices

50 sold prices from £210K to £690K, average is £417.5K. £1.5K/m² to £5.2K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£625K03/210.05 mi22, Matley Park Lane, Stalybridge, Greater Manchester SK15 2TL4
£650K03/210.09 mi17, Woodend Drive, Stalybridge, Greater Manchester SK15 2SF4
£425K12/220.18 mi278, Mottram Road, Matley, Stalybridge, Greater Manchester SK15 2SU4
£320K03/210.21 mi23, Broadacre, Stalybridge, Greater Manchester SK15 2TX4
£670K04/210.24 mi164, Mottram Old Road, Stalybridge, Greater Manchester SK15 2SZ4
£510K10/220.25 mi11, Wildbank Chase, Stalybridge, Greater Manchester SK15 2UJ4
£330K04/210.25 mi2, Stalyhill Drive, Stalybridge, Greater Manchester SK15 2TR4
£307.5K12/200.25 mi1, Rookery Close, Stalybridge, Greater Manchester SK15 2TS4
£320K05/210.25 mi16, Rookery Close, Stalybridge, Greater Manchester SK15 2TS4
£307K08/210.26 mi19, Woodlands Road, Stalybridge, Greater Manchester SK15 2SG4
£400K03/210.27 mi2, Woodlands Road, Stalybridge, Greater Manchester SK15 2SQ4
£460K12/200.27 mi17, Wildbank Chase, Stalybridge, Greater Manchester SK15 2UJ4
£515K06/230.27 mi15, Wildbank Chase, Stalybridge, Greater Manchester SK15 2UJ4
£425K07/230.28 mi81, Cornfield, Stalybridge, Greater Manchester SK15 2UB4
£540K06/210.32 mi3, Gallowsclough Road, Matley, Stalybridge, Greater Manchester SK15 3QS4
£350K01/230.4 mi25, Wheatfield, Stalybridge, Greater Manchester SK15 2TZ4
£337.5K08/210.4 mi35, Wheatfield, Stalybridge, Greater Manchester SK15 2TZ4
£460K12/220.41 mi12, Woodlands Close, Stalybridge, Greater Manchester SK15 2SH4
£495K02/230.44 mi18, Oakcroft, Stalybridge, Greater Manchester SK15 2UQ4
£482.5K10/220.47 mi12, Bower Gardens, Stalybridge, Greater Manchester SK15 2UY4
£350K02/210.47 mi2, Fieldsend Close, Stalybridge, Greater Manchester SK15 2UF4
£435K06/230.5 mi24, Quarry Clough, Stalybridge, Greater Manchester SK15 2RW4
£300K01/210.5 mi6, Quarry Clough, Stalybridge, Greater Manchester SK15 2RW4
£600K03/230.5 mi8, Acresbrook, Stalybridge, Greater Manchester SK15 2QT4
£465K04/210.5 mi11, Acresbrook, Stalybridge, Greater Manchester SK15 2QT4
£495K12/200.5 mi6, Acresbrook, Stalybridge, Greater Manchester SK15 2QT4
£457.5K01/210.5 mi1, Acresbrook, Stalybridge, Greater Manchester SK15 2QT4
£400K08/210.57 mi100, Mottram Old Road, Stalybridge, Greater Manchester SK15 2TE4
£599.9K01/210.59 mi25a, Old Road, Mottram, Hyde, Greater Manchester SK14 6LW4
£490K03/210.61 mi2, Wellbank, Stalybridge, Greater Manchester SK15 2RL4
£260K07/230.69 mi24, Roe Cross Green, Mottram, Hyde, Greater Manchester SK14 6LP4
£375K11/220.74 mi22, Pentland Way, Hyde, Greater Manchester SK14 4US4
£407K10/220.75 mi61, Pentland Way, Hyde, Greater Manchester SK14 4US4
£500K06/210.76 mi239b, Mottram Road, Stalybridge, Greater Manchester SK15 2RF4
£470K06/230.76 mi6, Pentland Way, Hyde, Greater Manchester SK14 4US4
£390K07/230.76 mi43, Pentland Way, Hyde, Greater Manchester SK14 4US4
£690K03/210.76 mi59, Mottram Old Road, Stalybridge, Greater Manchester SK15 2TF4
£465K04/210.76 mi43, Mottram Old Road, Stalybridge, Greater Manchester SK15 2TF4
£260K04/210.8 mi57, Barnfield Road, Hyde, Greater Manchester SK14 4EW4
£420K08/230.8 mi25, Gylden Close, Hyde, Greater Manchester SK14 4UN4
£352K12/200.8 mi25, Gylden Close, Hyde, Greater Manchester SK14 4UN4
£420K12/200.83 mi6, Hall Drive, Mottram, Hyde, Greater Manchester SK14 6LH4
£370K03/210.84 mi7, Fern Bank, Stalybridge, Greater Manchester SK15 2QY4
£415K06/210.88 mi8, Valley Way, Stalybridge, Greater Manchester SK15 2QZ4
£335K06/210.89 mi13, Four Lanes, Mottram, Hyde, Greater Manchester SK14 6PP4
£245K09/230.9 mi61, Ash Tree Road, Hyde, Greater Manchester SK14 4EN4
£210K05/230.9 mi11, Ash Tree Road, Hyde, Greater Manchester SK14 4EN4
£280K05/210.93 mi49, Tennyson Avenue, Dukinfield, Greater Manchester SK16 5DR4
£235K06/230.95 mi2, Arnold Close, Dukinfield, Greater Manchester SK16 5QA4
£412.5K04/210.95 mi197, Mottram Road, Stalybridge, Greater Manchester SK15 2QX4

Local Rents

16 rents from £895/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,60008/240.31 mi-3
£1,80001/250.31 mi-3
£1,49504/250.31 mi-3
£1,10009/241 miStalybridge Road, Mottram, Hyde, Greater Manchester, SK143
£1,30003/251.06 mi-3
£89503/251.08 mi-3
£1,25004/251.14 mi-3
£1,60009/241.15 miUnderwood Road, Hyde, Greater Manchester, SK144
£1,20010/241.16 mi-3
£1,15003/251.18 mi-3
£2,20009/241.2 miHikers Barn, Hollingworth Hall Farm, Hobson Moor Road4
£1,35008/241.2 miForester Drive, Stalybridge3
£1,05008/241.21 mi-3
£1,40009/241.22 miRook Close, Dukinfield3
£1,45009/241.22 miThe Fairways, Dukinfield, Greater Manchester, SK163
£1,00003/251.23 mi-3

Local Area Statistics

Population in SK15

27,625

Town centre distance

1.38 miles away

Nearest school

0.30 miles away

Nearest train station

1.06 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £450,000

January 14, 2025

Floor Plans

Description

  • Fantastic Four Bedroom Extended Detached +
  • Two Reception Rooms & Fantastic Sized Dining Kitchen +
  • Four Double Bedrooms +
  • Four Piece Bathroom Suite +
  • Gardens, Driveway & Garage +
  • Chain Free - Viewing A Must! +

Ideally positioned in this sought after location is this substantial four bedroom extended detached family home, situated on the sought after road of Blundering Lane with well planned and spacious accommodation that has been well cared for and much improved by the present owners and only a full personal inspection will fully reveal the accommodation that is on offer.

The property is offered Chain Free has accommodation that briefly comprises to the ground floor: Entrance porch, entrance hallway, cloakroom/WC, excellent sized lounge with views over both the front and rear gardens, superbly sized dining room with patio doors to the rear garden and a fantastic extended fitted dining kitchen. Whilst to the first floor there are four excellent sized double bedrooms, store room and a family sized four piece bathroom/WC. To the outside the property has a driveway to the front leading to the garage, there is also a lawned garden to the front and superbly sized garden to the rear, laid to lawn with paved patio area. The property further benefits from double glazing and gas central heating and an early viewing is strongly recommended in order to full appreciate the quality of family home that is on offer.

Superb Opportunity - View Early to Avoid Disappointment!

Ground Floor -

Porch - Upvc double glazed front door and windows to the side and front, Upvc double glazed door to the hallway.

Hall - Stairs to the first floor, door to downstairs cloakroom/WC, door to under stairs storage cupboard and radiator.

Cloakroom/Wc - Low level WC, wash hand basin, Window to front, heated towel rail.

Lounge - 6.72m x 3.65m (22'1" x 12'0") - Fantastic sized living room with Upvc double glazed bay window to front, large Upvc double glazed window to rear with views over the rear garden, ceiling cornices, fitted feature fire surround with living flame gas fire inset, TV aerial point, radiators

Dining Room - 5.06m x 3.38m (16'7" x 11'1") - Upvc double glazed patio door to the rear garden, ceiling cornices and radiator.

Kitchen/Dining Room - 5.62m x 3.00m (18'5" x 9'10") - Impressively sized extended fitted dining kitchen, fitted with a matching range of base and wall units incorporating a 1 1/4 single drainer sink unit and worktops over, fitted four ring gas hob with extractor hood over, electric doubel oven, space and plumbing for automatic washing machine and dishwasher, inset ceiling spot lights, Upvc double glazed window to rear, Upvc double glazed door to the side elevation, space for fridge freezer, radiator.

First Floor -

Landing - Large landing with windows to side and front, door to eaves storage area, radiator.

Eaves - Storage area.

Bedroom 1 - 4.48m x 3.65m (14'8" x 12'0") - Window to rear, matching range of fitted wardrobes, drawer and vanity unit, radiator.

Bedroom 2 - 4.86m x 2.99m (15'11" x 9'10") - Great sized bedroom with fitted wardrobes, window to rear, radiator.

Bedroom 3 - 4.32m x 3.38m (14'2" x 11'1") - Window to rear, radiator.

Bedroom 4 - 2.11m x 3.65m (6'11" x 12'0") - Window to front, radiator.

Store Room - 2.0 x 1.64 (6'6" x 5'4") - Great sized and handy store room.

Bathroom/Wc - Great sized four piece bathroom with panelled bath, separate fitted shower cubicle with mixer shower, pedestal wash hand basin, low level WC, window to front, tiled walls, and heated towel rail.

Garage - 5.35 x 3.0 (17'6" x 9'10") - Up and over door, power and light, gas central heating boiler and fitted base and wall units for storage.

Gardens & Driveway - To the outside the property has a driveway to the front leading to the garage, there is also a lawned garden to the front and superbly sized garden to the rear, laid to lawn with paved patio area.

Disclaimer - Home Estate Agents believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof. The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/her self of all measurements prior to purchase.

Before we can accept an offer for any property we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property we will require proof of funds. You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.

Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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