3 Bed Terraced House, Cash/Bridging Only, Stalybridge, SK15 2LL, £187,500

Tatton Street, Stalybridge, SK15 2LL - 3 months ago

Sold STC
Cash
ROI: 5%
~74 m²
+8 photos

ValuationOvervalued

Sold Prices£85K - £624.6K
Sold Prices/m²£1.2K/m² - £3.3K/m²

 

 

Square Metres

~74.30 m²
Price/m²£2.5K/m²

Value Estimate

£162,287

 

 

End Value (After Refurb)

£150,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£46,875

Stamp Duty & Legal Fees

£11,825

Refurb Costs

£31,318

Bridging Loan Interest

£4,922

Total Cash In

£96,690

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£150,000

Mortgage (After Refinance)

£112,500

Mortgage LTV

75%

Cash Left In

£96,690

Equity

£37,500

Rent Range

£850 - £1,350

Rent Estimate

£1,125

Running Costs/mo

£714

Cashflow/mo

£411

Cashflow/yr

£4,935

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £85K to £624.6K, average is £196.8K. £1.2K/m² to £3.3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£101K11/200.01 mi53, Tatton Street, Stalybridge, Greater Manchester SK15 2LL3
£142.3K05/210.01 mi65, Tatton Street, Stalybridge, Greater Manchester SK15 2LL3
£130K04/230.01 mi51, Tatton Street, Stalybridge, Greater Manchester SK15 2LL3
£110K02/210.02 mi29, Croft Street, Stalybridge, Greater Manchester SK15 2LX3
£140K03/210.06 mi13, Lindsay Street, Stalybridge, Greater Manchester SK15 2LU3
£270K07/230.1 mi6, Pear Tree Drive, Stalybridge, Greater Manchester SK15 2PY3
£137.5K04/210.1 mi61, Stocks Lane, Stalybridge, Greater Manchester SK15 2LN3
£125K11/210.11 mi10, Acres Lane, Stalybridge, Greater Manchester SK15 2JU3
£225K12/200.11 mi56, Acres Lane, Stalybridge, Greater Manchester SK15 2JU3
£225K05/210.11 mi52, Acres Lane, Stalybridge, Greater Manchester SK15 2JU3
£155K02/210.11 mi84, Lindsay Street, Stalybridge, Greater Manchester SK15 2NL3
£215K11/200.15 mi16, Honeysuckle Drive, Stalybridge, Greater Manchester SK15 2PS3
£248K03/210.15 mi30, Honeysuckle Drive, Stalybridge, Greater Manchester SK15 2PS3
£275K12/210.17 mi21, Cranworth Street, Stalybridge, Greater Manchester SK15 2NW3
£207.5K02/210.17 mi8, Cranworth Street, Stalybridge, Greater Manchester SK15 2NW3
£280K07/230.18 mi155, Mottram Road, Stalybridge, Greater Manchester SK15 2QU3
£152K12/200.22 mi20, Hawke Street, Stalybridge, Greater Manchester SK15 2PQ3
£245K05/230.23 mi29, Cocker Hill, Stalybridge, Greater Manchester SK15 1AA3
£192.5K09/210.23 mi74, Stocks Lane, Stalybridge, Greater Manchester SK15 2NU3
£140K12/200.27 mi36, Walker Avenue, Stalybridge, Greater Manchester SK15 2PE3
£426.8K06/210.31 mi227, Mottram Road, Stalybridge, Greater Manchester SK15 2QX3
£624.6K06/230.31 mi223, Mottram Road, Stalybridge, Greater Manchester SK15 2QX3
£182.5K06/210.32 mi20, Grasscroft Road, Stalybridge, Greater Manchester SK15 2DF3
£140K07/230.33 mi110, Cambridge Street, Stalybridge, Greater Manchester SK15 1AU3
£225K04/210.35 mi5, The Sycamores, Stalybridge, Greater Manchester SK15 2BZ3
£220K03/210.35 mi3, Shaw Moor Avenue, Stalybridge, Greater Manchester SK15 2RB3
£117K06/210.36 mi3, Demesne Crescent, Stalybridge, Greater Manchester SK15 2PJ3
£205K11/210.36 mi10, Staley Close, Stalybridge, Greater Manchester SK15 3HJ3
£201K04/230.36 mi11, Staley Close, Stalybridge, Greater Manchester SK15 3HJ3
£150K05/230.38 mi17, King Street, Stalybridge, Greater Manchester SK15 2AE3
£167K03/230.38 mi26, Church Street, Stalybridge, Greater Manchester SK15 1BE3
£212K10/200.38 mi68, Astley Street, Stalybridge, Greater Manchester SK15 2EX3
£252K02/210.38 mi2b, Hough Hill Road, Stalybridge, Greater Manchester SK15 2HB3
£250K07/230.39 mi10, Glenville Walk, Stalybridge, Greater Manchester SK15 2EF3
£225K02/230.41 mi3, St Pauls Close, Stalybridge, Greater Manchester SK15 3DS3
£250K01/230.41 mi8, St Pauls Close, Stalybridge, Greater Manchester SK15 3DS3
£140K02/210.41 mi1, Castle Walk, Stalybridge, Greater Manchester SK15 2EL3
£410K06/210.42 mi6, Mottram Old Road, Stalybridge, Greater Manchester SK15 2TG3
£210K09/210.43 mi91, Staley Hall Road, Stalybridge, Greater Manchester SK15 3DP3
£256.5K08/230.43 mi59, Staley Hall Road, Stalybridge, Greater Manchester SK15 3DP3
£181K02/210.44 mi70, Staley Hall Road, Stalybridge, Greater Manchester SK15 3DT3
£192K04/230.44 mi17, Elm Tree Close, Stalybridge, Greater Manchester SK15 2HF3
£175K12/200.44 mi4, Spindle Avenue, Stalybridge, Greater Manchester SK15 3DU3
£175K12/220.45 mi3, Church Walk, Stalybridge, Greater Manchester SK15 1DL3
£276K10/210.45 mi23, Range Road, Stalybridge, Greater Manchester SK15 2HH3
£85K01/210.46 mi118, Demesne Drive, Stalybridge, Greater Manchester SK15 2PP3
£165K05/230.46 mi176, Demesne Drive, Stalybridge, Greater Manchester SK15 2PP3
£190K05/210.47 mi5, Windsor Drive, Stalybridge, Greater Manchester SK15 1BR3
£205.5K07/230.47 mi19, Regina Avenue, Stalybridge, Greater Manchester SK15 1DN3
£175K08/230.47 mi24, Regina Avenue, Stalybridge, Greater Manchester SK15 1DN3

Local Rents

13 rents from £850/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00004/250.03 mi-3
£1,15003/250.08 mi-3
£1,20008/240.13 miHuddersfield Road, Stalybridge, Cheshire, SK153
£89503/250.18 mi-3
£1,20010/240.23 mi-3
£85008/240.25 miWakefield Road, Stalybridge, Greater Manchester, SK153
£1,25003/250.29 mi-3
£1,25008/240.33 mi-3
£1,25011/240.33 mi-3
£1,15004/250.33 mi-3
£1,35008/240.35 miForester Drive, Stalybridge3
£95008/240.46 miStamford Street, Stalybridge, 3
£1,15004/250.61 mi-3

Local Area Statistics

Population in SK15

27,625

Town centre distance

0.35 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £187,500

January 22, 2025

Floor Plans

Description

  • No Vendor Chain +
  • Double Fronted +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Garden Area To Rear +
  • Conveniently Located +

A delightful three-bedroom double-fronted mid-terrace property located in a highly convenient and popular area near Stalybridge town centre. This home offers easy access to local amenities, excellent transport links, reputable schools, and the picturesque Cheetham Park, making it an ideal choice for growing families, professionals, or first-time buyers.

The ground floor welcomes you with an entrance vestibule leading into a spacious and cosy lounge, complete with a characterful inglenook fireplace. The lounge opens seamlessly into a dual-aspect dining room, perfect for hosting gatherings or enjoying family meals. The adjoining dual-aspect kitchen is bright and functional, offering ample space for cooking and storage, and benefits from natural light flooding in from both sides.

Upstairs, the property boasts three bedrooms, providing plenty of space for relaxation and personalisation. A family bathroom completes the first floor, offering a practical and comfortable layout.

Externally, the property features a gated yard to the rear, ideal for a small seating area. Beyond this, there is an additional gated garden area with right-of-way access that offers potential for outdoor relaxation, gardening, or entertaining.

Offered with no vendor chain this well presented home combines traditional character with modern convenience, situated in a sought-after location that balances tranquility with accessibility. It presents a fantastic opportunity for those seeking a well-located and spacious property. Viewing Highly Recommended

Ground Floor -

Entrance Vestibule - Door to front, door leading to:

Lounge - 3.96m x 3.96m (13'0" x 13'0") - Double glazed window to front, feature inglenook fireplace, radiator, door leading to kitchen, open plan to:

Dining Room - 2.05m x 3.36m (6'9" x 11'0") - Double glazed window to rear, double glazed window to side, radiator.

Kitchen - 3.96m x 3.45m (13'0" x 11'4") - Fitted with a matching range of base and eye level units with worktop space over, inset sink and drainer with mixer tap, tiled splashbacks, plumbing for washing machine, space for fridge/freezer, built-in oven, built-in hob with extractor hood over, double glazed window to front, double glazed window to rear, radiator, stairs leading to first floor, door leading out to rear.

First Floor -

Landing - Radiator, doors leading to:

Bedroom 1 - 3.96m x 4.10m (13'0" x 13'5") - Double glazed window to front, radiator.

Bedroom 2 - 2.05m x 3.36m (6'9" x 11'0") - Double glazed window to rear, radiator.

Bedroom 3 - 2.19m x 2.48m (7'2" x 8'2") - Double glazed window to front, radiator, folding door to built-in storage cupboard.

Bathroom - 1.67m x 1.68m (5'6" x 5'6") - Three piece suite comprising bath with shower over, pedestal wash hand basin and low-level WC, part tiled walls, double glazed window to rear, radiator.

Outside - Gated yard to the rear with further gated garden area with right of way access.

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.

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Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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