2 Bed Flat, Single Let, Bredbury, SK6 6AL, £150,000

9 Lychwood, Station Road, Marple, SK6 6AL - 1 views - 3 months ago

Leasehold
BTL
ROI: 5%
59 m²
+5 photos

ValuationUndervalued

Sold Prices£75K - £350K
Sold Prices/m²£1.3K/m² - £5K/m²

 

 

Square Metres

59 m²
Price/m²£2.5K/m²

Value Estimate

£162,860
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£850 - £1,650

Rent Estimate

£850

Running Costs/mo

£659

Cashflow/mo

£191

Cashflow/yr

£2,295

ROI

5%

Gross Yield

7%

Local Sold Prices

41 sold prices from £75K to £350K, average is £132K. £1.3K/m² to £5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£255K11/210.67 mi11, West Towers Mews, Marple, Stockport, Greater Manchester SK6 7GR2
£182K06/231.29 miApartment 9, Chelford House, Offerton Road, Stockport, Greater Manchester SK2 5GE2
£230K05/221.29 miApartment 12, Chelford House, Offerton Road, Stockport, Greater Manchester SK2 5GE2
£233K05/211.33 mi11, Redbrow Hollow, Compstall, Stockport, Greater Manchester SK6 5GF2
£125K03/211.4 mi31a, Oak Avenue, Romiley, Stockport, Greater Manchester SK6 4DN2
£101K05/231.66 miFlat 12, New Acre Court, Metcalfe Drive, Romiley, Stockport, Greater Manchester SK6 3BJ2
£117K04/231.66 miFlat 4, New Acre Court, Metcalfe Drive, Romiley, Stockport, Greater Manchester SK6 3BJ2
£111.5K11/201.68 mi42, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH2
£139.9K10/211.68 mi52, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH2
£250K06/211.73 mi50, Poise Brook Road, Stockport, Greater Manchester SK2 5JF2
£255K11/201.76 mi4, Highcroft Road, Romiley, Stockport, Greater Manchester SK6 4PS2
£210K02/211.81 mi38, Kingfisher Road, Stockport, Greater Manchester SK2 5JR2
£75K06/211.99 mi46, Cooper Street, Hazel Grove, Stockport, Greater Manchester SK7 4LA2
£138.5K07/211.99 mi92, Cooper Street, Hazel Grove, Stockport, Greater Manchester SK7 4LA2
£140K08/211.99 mi20, Cooper Street, Hazel Grove, Stockport, Greater Manchester SK7 4LA2
£75K11/211.99 mi44, Cooper Street, Hazel Grove, Stockport, Greater Manchester SK7 4LA2
£222.5K11/221.99 miFlat 4a, Harrytown Hall, Harrytown, Romiley, Stockport, Greater Manchester SK6 3BT2
£110K09/212.13 mi19, Penney Brook Fold, Hazel Grove, Stockport, Greater Manchester SK7 4LU2
£277.5K02/212.18 mi47, Cambridge Drive, Woodley, Stockport, Greater Manchester SK6 1HZ2
£350K03/212.2 mi27, Thornway, High Lane, Stockport, Greater Manchester SK6 8EL2
£162.5K05/232.28 mi23, Carlton Place, Hazel Grove, Stockport, Greater Manchester SK7 6AG2
£131.3K11/222.35 mi9, Bosden Hall Road, Hazel Grove, Stockport, Greater Manchester SK7 4JJ2
£160K03/232.39 mi11, Dunvegan Road, Hazel Grove, Stockport, Greater Manchester SK7 6BB2
£130K12/202.39 mi23, Dunvegan Road, Hazel Grove, Stockport, Greater Manchester SK7 6BB2
£142.5K10/222.41 mi43, Oldham Drive, Bredbury, Stockport, Greater Manchester SK6 1HD2
£100K02/212.41 mi17, Penny Brook Fold, Hazel Grove, Stockport, Greater Manchester SK7 4LU2
£120K02/212.44 mi7, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£100K12/202.44 mi4, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£120K04/212.44 mi2, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£132K01/232.51 miFlat 20, Springbank Court, Manor Road, Woodley, Stockport, Greater Manchester SK6 1RW2
£136K05/212.6 mi8, Moreton Lane, Stockport, Greater Manchester SK2 5SW2
£80K04/212.62 mi67, Mill Lane, Woodley, Stockport, Greater Manchester SK6 1QJ2
£210K11/202.7 mi23, Birchall Green, Woodley, Stockport, Greater Manchester SK6 1RZ2
£92K03/212.81 mi6, Ash Close, Stockport, Greater Manchester SK2 7QR2
£75K04/212.89 mi5, Mellor View, Disley, Stockport, Cheshire East SK12 2AX2
£155K05/222.9 miFlat 20, Manston Lodge, Hampstead Drive, Stockport, Greater Manchester SK2 7QL2
£95K02/232.92 miFlat 2, The Orchard, Buxton Road, Disley, Stockport, Cheshire East SK12 2EY2
£100K02/232.93 miFlat 6, The Orchard, Buxton Road, Disley, Stockport, Cheshire East SK12 2EY2
£300K06/212.95 mi19a, Offerton Lane, Stockport, Greater Manchester SK2 5AA2
£125K02/212.97 mi118a, Lowndes Lane, Stockport, Greater Manchester SK2 6DH2
£120K06/212.99 mi62, Marsland Terrace, Stockport, Greater Manchester SK1 4PZ2

Local Rents

23 rents from £850/mo to £1.6K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,05012/240.08 mi Stockport Road, Marple, Stockport, Cheshire, SK62
£1,10003/240.1 mi-2
£1,15009/240.1 mi-2
£85012/240.12 miStockport Road, Marple, Stockport, SK62
£89512/240.12 miChurch Lane, Stockport, Greater Manchester, SK62
£97512/240.13 miFlat 2, 153 Stockport Road, Marple, Greater Manchester, SK62
£97512/240.13 miFlat 4, 153 Stockport Road, Marple, Greater Manchester, SK62
£1,20011/230.16 mi Bank Apartments, 53 Stockport Road, Marple, Stockport, SK62
£97512/240.17 miStockport Road, Marple, Stockport, SK62
£1,20004/250.18 mi-2
£1,10008/240.19 miStockport Road, Stockport, SK6 6DN2
£1,00004/240.19 mi-2
£1,20009/240.23 mi-2
£1,25009/240.23 mi-2
£95012/240.23 miMarket Street, Stockport2
£95008/240.25 miQueen Street, Marple. Stockport, SK6 6BQ2
£95011/230.28 mi-2
£1,20004/250.28 mi-2
£85001/250.29 mi-2
£1,25011/230.35 mi-2
£97001/250.35 mi-2
£99508/240.35 miWindsor Drive, Marple, Stockport, Cheshire, SK62
£1,65012/240.37 miKinder Drive, Marple, Stockport, SK62

Local Area Statistics

Population in SK6

50,689

Town centre distance

2.89 miles away

Nearest school

0.30 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £150,000

January 28, 2025

Floor Plans

Description

  • Two double bedroom top floor apartment +
  • Well presented throughout +
  • Great Marple Location +
  • Car park and private garage +
  • Open plan kitchen +
  • Bathroom with three-piece white +
  • NO CHAIN +

A very well presented two bedroom top floor apartment located in a purpose-built development close to the centre of Marple with many transport links and local amenities.

Externally, the property benefits from communal gardens and a good size communal car park that leads up to the private garage, ideal for storage or further parking.

The very well planned internal accommodation comprises briefly: security entry intercom system into the communal hallway with stairs to the first floor, private entrance hallway with two large storage cupboards. Lounge with window to the front and side aspect, a good size kitchen diner with fitted low-level units with worktops over and matching eye-level unit. There are two double bedrooms and a bathroom with three-piece white suite that includes over bath shower.

Call now to arrange a viewing, NO CHAIN!!

Agent Details

Julian Wadden, Marple

0161 524 3443

Next Steps?

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