3 Bed Semi-Detached House, Refurb/BRRR, Bredbury, SK6 1LA, £260,000

Boundary Close, Woodley, SK6 1LA - 4 views - 3 months ago

Sold STC
Leasehold
Refurb/BRRR
Planning
ROI: 2%
~93 m²
+6 photos

ValuationFair Value

Sold Prices£151K - £630K
Sold Prices/m²£1.8K/m² - £8.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£260,000

 

 

End Value (After Refurb)

£263,463

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Refurb Costs

£39,324

Bridging Loan Interest

£6,825

Total Cash In

£122,399

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£263,463

Mortgage (After Refinance)

£197,597

Mortgage LTV

75%

Cash Released

£2,597

Cash Left In

£119,802

Equity

£65,866

Rent Range

£850 - £1,950

Rent Estimate

£1,299

Running Costs/mo

£1,103

Cashflow/mo

£196

Cashflow/yr

£2,351

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £151K to £630K, average is £265K. £1.8K/m² to £8.3K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£270K02/210.05 mi5, Westfield Drive, Woodley, Stockport, Greater Manchester SK6 1LD3
£320K03/230.08 mi72, Pennine Road, Woodley, Stockport, Greater Manchester SK6 1JX3
£243K12/210.09 mi12, Savernake Road, Woodley, Stockport, Greater Manchester SK6 1LG3
£255K04/230.14 mi4, Peart Avenue, Woodley, Stockport, Greater Manchester SK6 1PE3
£265K06/210.15 mi29, Ashton Street, Woodley, Stockport, Greater Manchester SK6 1PB3
£215K12/200.18 mi54, Pennine Road, Woodley, Stockport, Greater Manchester SK6 1JS3
£265K05/230.21 mi11, Cambridge Drive, Woodley, Stockport, Greater Manchester SK6 1HX3
£305K11/200.21 mi11, Range Drive, Woodley, Stockport, Greater Manchester SK6 1JT3
£253K11/200.24 mi8, Peterhouse Gardens, Woodley, Stockport, Greater Manchester SK6 1JB3
£379.9K01/210.25 mi89, Werneth Road, Woodley, Stockport, Greater Manchester SK6 1HR3
£372K06/210.28 mi22, Coppice Close, Woodley, Stockport, Greater Manchester SK6 1JH3
£188K03/210.29 mi127, Hyde Road, Woodley, Stockport, Greater Manchester SK6 1NP3
£277.5K10/210.3 mi61, Davenport Drive, Woodley, Stockport, Greater Manchester SK6 1PX3
£440K12/220.3 mi1a, Manor Road, Woodley, Stockport, Greater Manchester SK6 1RT3
£300K12/200.31 mi47, Poleacre Lane, Woodley, Stockport, Greater Manchester SK6 1PH3
£245K07/210.33 mi25, Gravel Bank Road, Woodley, Stockport, Greater Manchester SK6 1PS3
£208K03/210.37 mi4, Smithy Green, Woodley, Stockport, Greater Manchester SK6 1NG3
£245K03/210.37 mi21, Smithy Green, Woodley, Stockport, Greater Manchester SK6 1NG3
£320K03/230.4 mi26, Legh Drive, Woodley, Stockport, Greater Manchester SK6 1PT3
£187K04/210.43 mi26, Woodstock Crescent, Woodley, Stockport, Greater Manchester SK6 1QS3
£232K07/210.45 mi26, Ennerdale Road, Woodley, Stockport, Greater Manchester SK6 1BJ3
£207K03/230.49 mi10, Vaudrey Road, Woodley, Stockport, Greater Manchester SK6 1QT3
£345K01/210.49 mi18, Greave, Romiley, Stockport, Greater Manchester SK6 4PU3
£200K06/210.52 mi3, Hollyhouse Drive, Woodley, Stockport, Greater Manchester SK6 1QR3
£200K09/210.56 mi20, Braddon Road, Woodley, Stockport, Greater Manchester SK6 1RE3
£151K04/230.56 mi71, Parry Mead, Bredbury, Stockport, Greater Manchester SK6 1EU3
£195K03/210.58 mi6, Woodlands Avenue, Woodley, Stockport, Greater Manchester SK6 1QU3
£225K06/230.61 mi13, Bridge Avenue, Woodley, Stockport, Greater Manchester SK6 1QN3
£320K03/230.63 mi66, High Meadows, Romiley, Stockport, Greater Manchester SK6 4QE3
£630K02/230.65 mi76, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH3
£158K03/210.68 mi9, Meadow Close, Woodley, Stockport, Greater Manchester SK6 1QZ3
£550K05/210.68 mi22, West Park, Gee Cross, Hyde, Greater Manchester SK14 5EW3
£495K10/200.68 mi9, West Park, Gee Cross, Hyde, Greater Manchester SK14 5EW3
£158K03/210.69 mi9, Meadow Close, Woodley, Stockport, Greater Manchester SK6 1QZ3
£244K08/230.69 mi52, George Lane, Bredbury, Stockport, Greater Manchester SK6 1AT3
£476.1K09/210.69 mi87, Apethorn Lane, Hyde, Greater Manchester SK14 5DL3
£495K02/210.7 mi70, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH3
£275K02/210.71 mi97, Richmond Road, Romiley, Stockport, Greater Manchester SK6 4PL3
£220K12/200.71 mi26, Apethorn Lane, Hyde, Greater Manchester SK14 5DL3
£268.5K06/210.71 mi25, Apethorn Lane, Hyde, Greater Manchester SK14 5DL3
£192K07/210.71 mi32, Birchall Green, Woodley, Stockport, Greater Manchester SK6 1RZ3
£360K09/210.72 mi109, George Lane, Bredbury, Stockport, Greater Manchester SK6 1DH3
£257.5K06/230.74 mi12, Woodfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1DB3
£287K11/210.75 mi30, Daisy Bank, Hyde, Greater Manchester SK14 5DP3
£415K04/230.75 mi20, Broad Hey, Romiley, Stockport, Greater Manchester SK6 4NL3
£302.5K09/210.76 mi2, Hayfield Road, Bredbury, Stockport, Greater Manchester SK6 1DE3
£305K11/210.76 mi30, Marsden Road, Romiley, Stockport, Greater Manchester SK6 4PJ3
£220K04/210.76 mi13, Fairfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1BY3
£214.5K08/210.76 mi15, Brookfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1BZ3
£312K07/210.76 mi54, Marsden Road, Romiley, Stockport, Greater Manchester SK6 4AS3

Local Rents

33 rents from £850/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10008/240.15 miNeedwood Road, Woodley, Stockport, SK63
£1,29012/240.16 mi-3
£1,20012/240.19 mi-3
£1,20008/240.65 mi-3
£1,45012/240.69 miMill Lane SK63
£1,30008/240.73 miGeorge Lane, Bredbury, Stockport3
£1,39505/240.77 mi-3
£1,20008/240.77 miSunfield, Romiley, Stockport3
£1,25012/240.78 miSunfield, Romiley, Stockport3
£1,20012/240.79 mi-3
£1,50008/240.9 miGuywood Lane, Romiley, Stockport, SK63
£1,20005/240.93 miGibraltar Lane, Denton, Manchester3
£1,07505/240.93 miGreendale Grove, Denton, Manchester, Greater Manchester, M343
£1,60010/240.96 mi-3
£1,40002/250.96 mi-3
£1,30002/250.96 mi-3
£1,15011/240.99 mi-3
£1,05012/241.01 miHigher Bents Lane SK63
£1,95005/241.03 miReid Close, Denton, Manchester, M343
£1,70012/241.05 mi-3
£1,50012/241.06 mi-3
£1,50001/251.06 mi-3
£1,50011/241.06 mi-3
£1,50001/251.06 mi-3
£1,20002/241.06 mi-3
£1,29003/251.09 mi-3
£85008/241.12 mi-3
£1,10009/241.14 miClough Fold Road, Gee Cross3
£1,15008/241.14 miGreen Lane, Stockport, Greater Manchester, SK63
£1,10008/241.15 miKing Edward Road, Hyde, Greater Manchester, SK143
£1,15009/241.15 miKing Edward Road, Hyde, Greater Manchester, SK143
£1,20012/241.19 mi-3
£1,30004/251.22 mi-3

Local Area Statistics

Population in SK6

50,689

Town centre distance

1.18 miles away

Nearest school

0.10 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £260,000

January 21, 2025

Floor Plans

Description

  • Semi-detached property on quiet cul de sac +
  • Two spacious reception rooms, three bedrooms +
  • Dining room overlooking rear the garden +
  • Walking distance to open countryside +
  • Corner plot, parking for several cars +
  • Sunny garden ideal for children to play +
  • No chain +

This property is a few minutes drive from the centre of Romiley village with its fabulous range of independent shops, bars/restaurants, and train station to take you further afield. Commanding a prime position on a popular cul de sac, this property has all the kerb appeal you could wish for. The porch welcomes you in and is the perfect spot for muddy boots and shoes.
There is space for all the family to share, plus an opportunity at the rear of the property to create the ideal kitchen/dining space subject to planning permission , over-looking the pretty rear garden.
The hallway leads to the comfortable living room. You can snuggle under the throws around the fireplace and watch movies together. With space for any combination of sofas and views over the front garden.
The open plan dining area sits at the rear of the property overlooking the rear garden.
The kitchen is ready for a makeover, but it currently has plenty of work tops and space for all the essential appliances.
There is handy access to the rear garden and driveway so the weekly shopping can be easily unpacked.
**Why View
** Head up to the first floor where the family living space continues, there are two double bedrooms and one single all in need of some redecoration to bring them up to date for a modern family.
A generous landing gives you that feeling of space and light so important with a family home such as this.
The first double bedroom to your right is at the back of the property overlooking the rear garden and could easily be used as the principal bedroom.
The current principal bedroom sits at the front of the property and has ample space for a king-sized bed and wardrobes. Finally, a single bedroom overlooking the front of the property is large enough for a single bed and storage but would make an indulgent dressing room or office space for those working from home.
The family bathroom with large bath and shower over the top has a separate wc next door.
**Garden
** This mature garden is perfectly laid out on three sides, with a lawn to the side and rear and mature shrubs at the front of the property.
To the rear is a private oasis, a large lawn for games of football and even space for a trampoline. The driveway can easily accommodate several cars and there is an opportunity to extend if needed.
**Out and About
** Boundary Close is a 15-minute walk from the centre of Woodley where you will find a small selection of independent and high street shops, including a local greengrocer and butchers. You are also only a 20-minute walk from Romiley village with a range of restaurants, wine bar and micro pub plus swimming pool/gym and amateur dramatics theatre.
On your doorstep is The Foresters Arms, also known as ‘The Piggy' which serves up delicious food and in the summer months has regular LIVE music events on the outdoor terrace - ‘Gig at the Pig'.
There are country walks and bike rides from your front door, so no need to venture far to take in the fresh air.
Close to a number of train stations which gives you access to the bright lights of Manchester city centre inside 30 minutes - ideal for commuting and for pleasure. You can easily access the motorway networks to take you across Greater Manchester and beyond. Manchester Airport is just a 25-minute drive away.
Finer Details Leasehold: 935 years £10 PA
Council Tax Band - D
Boiler Type – Standard
Loft- Partially boarded, light & ladder
Driveway for several vehicles
5-minute drive to Romiley train station
25 Minute drive to Manchester Airport/Manchester City Centre
Fabulous Walks from your doorstep
No chain

Agent Details

Jardine Estates, Hyde

0161 524 8664

Next Steps?

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