2 Bed Terraced House, Refurb/BRRR, Stockport, SK3 8EB, £180,000

Kimberley Street, Stockport, SK3 8EB - 2 views - 2 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 4%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£133K - £246.5K
Sold Prices/m²£1.5K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£149,175

 

 

End Value (After Refurb)

£175,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£28,709

Bridging Loan Interest

£4,725

Total Cash In

£86,784

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£175,000

Mortgage (After Refinance)

£131,250

Mortgage LTV

75%

Cash Left In

£86,784

Equity

£43,750

Rent Range

£700 - £2,699

Rent Estimate

£1,048

Running Costs/mo

£776

Cashflow/mo

£272

Cashflow/yr

£3,258

ROI

4%

Gross Yield

7%

Local Sold Prices

53 sold prices from £133K to £246.5K, average is £190K. £1.5K/m² to £3.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£140K10/200.04 mi83, Ladysmith Street, Stockport, Greater Manchester SK3 8DY2
£175.5K05/210.04 mi27, Ladysmith Street, Stockport, Greater Manchester SK3 8DY2
£174K07/230.05 mi52, Florist Street, Stockport, Greater Manchester SK3 8DX2
£200K08/230.05 mi64, Florist Street, Stockport, Greater Manchester SK3 8DX2
£200K08/230.05 mi64, Florist Street, Stockport, Greater Manchester SK3 8DX2
£215K02/230.06 mi13, Ladysmith Street, Stockport, Greater Manchester SK3 8DY2
£175K09/210.06 mi33, Florist Street, Stockport, Greater Manchester SK3 8DW2
£135K11/200.08 mi102, Lowfield Road, Stockport, Greater Manchester SK3 8JR2
£133K06/210.08 mi111, Lowfield Road, Stockport, Greater Manchester SK3 8JR2
£195K12/220.09 mi14, Avon Street, Stockport, Greater Manchester SK3 8DR2
£160K12/200.09 mi102, Range Road, Stockport, Greater Manchester SK3 8EE2
£197.5K05/230.09 mi98, Range Road, Stockport, Greater Manchester SK3 8EE2
£140K01/210.09 mi155, Lowfield Road, Stockport, Greater Manchester SK3 8JP2
£170K06/210.1 mi88, Shaw Road South, Stockport, Greater Manchester SK3 8JJ2
£180K07/230.1 mi36, Broadhurst Street, Stockport, Greater Manchester SK3 8DT2
£180K07/230.1 mi36, Broadhurst Street, Stockport, Greater Manchester SK3 8DT2
£160K11/210.11 mi142, Shaw Road South, Stockport, Greater Manchester SK3 8JN2
£155K12/200.14 mi70, Adswood Road, Stockport, Greater Manchester SK3 8HR2
£188K03/230.2 mi152, Beech Road, Stockport, Greater Manchester SK3 8HH2
£140K06/230.2 mi4, Chelburn Court, Stockport, Greater Manchester SK3 8EN2
£190K06/210.22 mi12, Finland Road, Stockport, Greater Manchester SK3 9QN2
£194K02/230.22 mi22, Finland Road, Stockport, Greater Manchester SK3 9QN2
£195K11/220.23 mi62, Crosby Street, Stockport, Greater Manchester SK2 6SJ2
£215K09/210.23 mi39, Wellington Grove, Stockport, Greater Manchester SK2 6SL2
£245K06/230.23 mi35, Wellington Grove, Stockport, Greater Manchester SK2 6SL2
£197.5K05/230.23 mi20, Osborne Road, Stockport, Greater Manchester SK2 6RL2
£150K03/210.24 mi16, Arnold Street, Stockport, Greater Manchester SK3 9BN2
£183K01/210.26 mi15, Stockholm Road, Stockport, Greater Manchester SK3 9QR2
£175K11/200.26 mi44, Stockholm Road, Stockport, Greater Manchester SK3 9QS2
£185K06/210.27 mi15, Reservoir Road, Stockport, Greater Manchester SK3 9QJ2
£175K11/200.27 mi5, Cale Green, Stockport, Greater Manchester SK2 6RD2
£175K03/210.28 mi11, Clwyd Avenue, Stockport, Greater Manchester SK3 9DA2
£246.5K06/210.28 mi20, Clwyd Avenue, Stockport, Greater Manchester SK3 9DA2
£210K01/230.28 mi5, Clwyd Avenue, Stockport, Greater Manchester SK3 9DA2
£231K01/230.28 mi51, Osborne Road, Stockport, Greater Manchester SK2 6RQ2
£195K12/220.29 mi26, Mahood Street, Stockport, Greater Manchester SK3 9BP2
£165K03/210.29 mi15, Vienna Road, Stockport, Greater Manchester SK3 9QH2
£175K03/210.3 mi39, Vicarage Road, Cale Green, Stockport, Greater Manchester SK3 8HL2
£195K04/210.3 mi55, Vicarage Road, Stockport, Greater Manchester SK3 8HL2
£212.5K04/210.3 mi49, Vicarage Road, Cale Green, Stockport, Greater Manchester SK3 8HL2
£220K05/230.31 mi28, Petersburg Road, Stockport, Greater Manchester SK3 9QX2
£182.5K07/210.32 mi4, Vienna Road, Stockport, Greater Manchester SK3 9QH2
£200K09/210.32 mi18, Vienna Road, Stockport, Greater Manchester SK3 9QH2
£179K10/210.32 mi3, Vienna Road, Stockport, Greater Manchester SK3 9QH2
£192K03/230.32 mi26, Vienna Road, Stockport, Greater Manchester SK3 9QH2
£220K08/230.32 mi3, Vienna Road, Stockport, Greater Manchester SK3 9QH2
£220K08/230.32 mi3, Vienna Road, Stockport, Greater Manchester SK3 9QH2
£205K10/200.32 mi4, Adswood Lane East, Stockport, Greater Manchester SK2 6RE2
£204K12/200.32 mi35, Adswood Lane East, Stockport, Greater Manchester SK2 6RE2
£185K05/210.32 mi11, Petersburg Road, Stockport, Greater Manchester SK3 9QY2
£208K07/210.32 mi57, Petersburg Road, Stockport, Greater Manchester SK3 9QY2
£232K07/230.32 mi55, Petersburg Road, Stockport, Greater Manchester SK3 9QY2
£215K01/210.32 mi5, Hardcastle Road, Stockport, Greater Manchester SK3 9BY2

Local Rents

50 rents from £700/mo to £2.7K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,00008/240.03 miLadysmith Street, Stockport2
£99508/240.04 miLadysmith Street, Shaw Heath, Stockport2
£1,10008/240.08 miLowfield Road, Stockport2
£1,15008/240.08 mi-2
£1,00012/240.08 miFlorist Street, Stockport2
£1,20008/240.09 mi-2
£1,15012/240.1 miLowfield Road, Stockport, Cheshire, SK32
£70008/240.1 mi-2
£95008/240.11 miRange Road, Stockport, SK3 8EE2
£1,00012/240.11 mi49 Shaw Road South, Shaw Heath, Stockport2
£1,07506/240.12 mi-2
£80012/240.19 miAdswood Lane West, Stockport2
£75002/250.19 mi-2
£89508/240.19 mi-2
£95010/240.2 mi-2
£2,69901/250.2 mi-2
£1,25012/240.2 miBeech Road, Davenport2
£87510/240.2 mi-2
£85011/240.2 mi-2
£1,25012/240.2 miBeech Road, Cale Green, Stockport2
£85008/240.2 mi-2
£1,20008/240.23 miVienna Road East, Edgeley2
£99508/240.23 miMercian Way, Stockport, Cheshire, SK32
£1,10009/240.23 miCrosby Street, Cale Green, Stockport2
£1,20010/240.24 mi-2
£1,07511/240.25 mi-2
£1,15008/240.25 miVicarage Road, Stockport, Greater Manchester, SK32
£1,10012/240.26 miHarper Street, Stockport, Cheshire, SK32
£1,15012/240.26 miHarper Street, Stockport, Greater Manchester, SK32
£1,00009/240.26 miCale Green Mews Stockport SK2 6RD2
£95012/240.27 mi-2
£1,05009/240.27 miCrosby Street, Stockport2
£1,15011/240.28 mi-2
£1,00004/250.29 mi-2
£82508/240.3 miWellington Road South, Stockport, Cheshire, SK22
£1,00001/250.3 mi-2
£1,00001/250.3 mi-2
£95008/240.3 miCastle street, Edgeley SK32
£1,00012/240.3 miCastle street Edgeley, SK32
£1,00012/240.31 miPetersburg Road, Stockport, Cheshire, SK32
£1,05012/240.31 miNewsham Road, Stockport, Greater Manchester, SK32
£1,20007/240.31 mi-2
£1,00012/240.31 miVienna Road, Stockport, SK3 9QH2
£99504/250.32 mi-2
£97508/240.34 miJennings Street, Edgeley2
£92503/250.34 mi-2
£98003/250.34 mi-2
£97508/240.36 mi-2
£99508/240.38 miOld Chapel Street, Stockport, Cheshire, SK32
£1,10012/240.38 mi-2

Local Area Statistics

Population in SK3

27,923

Population in Stockport

181,140

Town centre distance

1.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £180,000

January 29, 2025

Floor Plans

Description

  • CLOSE TO ALL TRANSPORT LINKS +
  • PERFECT FOR FIRST TIME BUYERS AND INVESTORS +
  • MASSIVE POTENTIAL +
  • FABULOUS LOCATION +
  • PRIVATE GARDEN +
  • CELLAR +
  • TWO RECEPTION ROOMS +
  • NO CHAIN +

Brand new to the market is this characterful mid terraced property located on a tree lined cobble Street over looking the park.

The property is well proportioned with a good sized private garden area and is offered for sale with no onward chain and is ideally located for the commuter routes, motorway networks and is a short walk from Davenport centre with its quirky selection of shops, bars and train station.

In brief the property comprises dining room, living room, kitchen and cellar. Upstairs the property has two decent sized bedrooms and a family bathroom. Outside to the front is a small walled garden area overlooking the park to the rear is a fantastic private garden, ideal for entertaining family and friends over the summer months! This property is in need of some minor cosmetic work which is reflected on the amazing price and will be your chance to put your own stamp onto it so will be perfect for a first time buyer or a seasoned investor. First to see will buy!

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

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