3 Bed Semi-Detached House, Refurb/BRRR, Stockport, SK7 4JN, £230,000

182, London Road, SK7 4DQ - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~81 m²
+9 photos

ValuationOvervalued

Sold Prices£117.5K - £475K
Sold Prices/m²£1.5K/m² - £3.8K/m²

 

 

Square Metres

~81.01 m²
Price/m²£2.8K/m²

Value Estimate

£222,742

 

 

End Value (After Refurb)

£229,950

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£14,800

Refurb Costs

£34,146

Bridging Loan Interest

£6,038

Total Cash In

£114,234

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£229,950

Mortgage (After Refinance)

£172,463

Mortgage LTV

75%

Cash Left In

£114,234

Equity

£57,488

Rent Range

£975 - £1,650

Rent Estimate

£1,267

Running Costs/mo

£992

Cashflow/mo

£275

Cashflow/yr

£3,300

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £117.5K to £475K, average is £231.3K. £1.5K/m² to £3.8K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£195K03/210.04 mi79, Chapel Street, Hazel Grove, Stockport, Greater Manchester SK7 4JH3
£150K05/210.04 mi29, Grove Street, Hazel Grove, Stockport, Greater Manchester SK7 4JW3
£282.5K08/230.05 mi17, Grove Street, Hazel Grove, Stockport, Greater Manchester SK7 4JW3
£199K03/210.06 mi29, Commercial Road, Hazel Grove, Stockport, Greater Manchester SK7 4BG3
£180K05/210.06 mi21, Vine Street, Hazel Grove, Stockport, Greater Manchester SK7 4JP3
£200K03/230.07 mi45, Commercial Road, Hazel Grove, Stockport, Greater Manchester SK7 4BG3
£295K02/210.09 mi63, Queens Road, Hazel Grove, Stockport, Greater Manchester SK7 4HZ3
£167K10/220.13 mi44, Spring Gardens, Hazel Grove, Stockport, Greater Manchester SK7 4AE3
£151.5K09/220.13 mi58, Spring Gardens, Hazel Grove, Stockport, Greater Manchester SK7 4AE3
£295K03/210.14 mi43, Queens Road, Hazel Grove, Stockport, Greater Manchester SK7 4HX3
£318K08/230.17 mi16, Queens Road, Hazel Grove, Stockport, Greater Manchester SK7 4HX3
£229.9K04/210.17 mi4, Bosden Fold Road, Hazel Grove, Stockport, Greater Manchester SK7 4LQ3
£190K12/200.17 mi19, Bosden Fold Road, Hazel Grove, Stockport, Greater Manchester SK7 4LQ3
£282.5K12/200.17 mi19, Rochester Grove, Hazel Grove, Stockport, Greater Manchester SK7 4JD3
£270K03/230.17 mi12, Rochester Grove, Hazel Grove, Stockport, Greater Manchester SK7 4JD3
£181.5K12/200.19 mi9, Victoria Avenue, Hazel Grove, Stockport, Greater Manchester SK7 4HY3
£250K01/210.21 mi31, Bosden Avenue, Hazel Grove, Stockport, Greater Manchester SK7 4LH3
£190K12/200.24 mi1, Meadow Croft, Hazel Grove, Stockport, Greater Manchester SK7 4ND3
£150K02/210.26 mi34, Hazelwood Road, Hazel Grove, Stockport, Greater Manchester SK7 4LZ3
£321K01/230.26 mi43, Neville Street, Hazel Grove, Stockport, Greater Manchester SK7 4EB3
£475K04/230.29 mi37, Davenport Road, Hazel Grove, Stockport, Greater Manchester SK7 4HA3
£295K11/220.3 mi36, Neville Street, Hazel Grove, Stockport, Greater Manchester SK7 4EB3
£234K01/230.3 mi65, Farndon Avenue, Hazel Grove, Stockport, Greater Manchester SK7 4LJ3
£229K07/230.31 mi9, Green Lane, Hazel Grove, Stockport, Greater Manchester SK7 4DZ3
£218K02/210.32 mi10, Davenport Road, Hazel Grove, Stockport, Greater Manchester SK7 4EZ3
£310K09/230.32 mi59, Chester Road, Hazel Grove, Stockport, Greater Manchester SK7 5NU3
£232.5K12/200.33 mi21, Nelson Street, Hazel Grove, Stockport, Greater Manchester SK7 4LR3
£132.5K05/230.34 mi11, Cooper Street, Hazel Grove, Stockport, Greater Manchester SK7 4LT3
£450K02/210.34 mi49, Davenport Road, Hazel Grove, Stockport, Greater Manchester SK7 4HA3
£215K03/210.39 mi2, Cooper Street, Hazel Grove, Stockport, Greater Manchester SK7 4LA3
£155K12/220.39 mi50, Crowsdale Place, Stockport, Greater Manchester SK2 5PA3
£236.4K07/230.39 mi8, Grenville Road, Hazel Grove, Stockport, Greater Manchester SK7 5AF3
£230K05/210.4 mi12, Rosebery Street, Stockport, Greater Manchester SK2 7JA3
£265K08/230.4 mi80, Garthland Road, Hazel Grove, Stockport, Greater Manchester SK7 4PB3
£117.5K11/200.41 mi34, Candleford Place, Stockport, Greater Manchester SK2 5NZ3
£181K03/210.41 mi17, Prestbury Close, Stockport, Greater Manchester SK2 7HW3
£226K01/230.41 mi5, Prestbury Close, Stockport, Greater Manchester SK2 7HW3
£233.8K05/210.41 mi10, Prestbury Close, Stockport, Greater Manchester SK2 7HW3
£300K08/210.44 mi1, Braemar Road, Hazel Grove, Stockport, Greater Manchester SK7 4QG3
£229.9K01/210.45 mi29, Fenton Avenue, Hazel Grove, Stockport, Greater Manchester SK7 4AN3
£205K02/230.46 mi55, Micklehurst Green, Stockport, Greater Manchester SK2 5NU3
£285K03/210.46 mi3, Balmoral Grove, Hazel Grove, Stockport, Greater Manchester SK7 4QF3
£255K07/230.47 mi19, Rydal Avenue, Hazel Grove, Stockport, Greater Manchester SK7 5AW3
£228K12/200.47 mi7, Rydal Avenue, Hazel Grove, Stockport, Greater Manchester SK7 5AW3
£246K08/210.48 mi17, Norbury Crescent, Hazel Grove, Stockport, Greater Manchester SK7 5PD3
£295K03/210.48 mi57, Avondale Avenue, Hazel Grove, Stockport, Greater Manchester SK7 4QE3
£216K03/210.49 mi5, Cruttenden Road, Stockport, Greater Manchester SK2 7NB3
£300K11/220.5 mi8, Poplar Grove, Stockport, Greater Manchester SK2 7JD3
£238K05/210.51 mi1, Dorothy Road, Hazel Grove, Stockport, Greater Manchester SK7 4NZ3
£280K08/230.51 mi19, Walden Crescent, Hazel Grove, Stockport, Greater Manchester SK7 5AN3

Local Rents

28 rents from £975/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25006/230.01 mi-3
£1,20002/240.03 mi-3
£1,10004/240.04 mi-3
£1,65012/240.05 miGrove Street SK73
£1,25008/240.07 miCommercial Road, Hazel Grove, Stockport, SK73
£1,45008/240.13 miSpring Gardens SK73
£1,25003/250.14 mi-3
£1,30004/250.14 mi-3
£1,25012/230.17 mi-3
£1,30008/240.19 miKings Road, Hazel Grove, Stockport, SK73
£1,40012/240.31 mi-3
£1,52508/240.31 miHazelwood Road, Hazel Grove, Stockport, SK73
£1,35008/240.35 miCooper Street, Hazel Grove, Stockport, Greater Manchester, SK73
£1,10008/240.36 miClarendon Road, Hazel Grove, Stockport, SK7 4NT3
£97511/230.41 mi-3
£1,25005/240.42 mi-3
£1,20009/240.48 miHenbury Street, Stockport, Cheshire, SK23
£1,30012/240.51 miDorothy Road, Stockport, Greater Manchester, SK73
£1,35002/240.51 mi-3
£1,30009/240.52 mi-3
£1,30012/240.52 miDorothy Road, Hazel Grove, Stockport, SK73
£1,29504/230.52 mi-3
£1,15008/230.53 mi-3
£1,20008/240.53 miBowland Close SK23
£1,09502/240.54 mi-3
£1,19510/240.54 mi-3
£1,30006/240.6 mi-3
£1,20008/230.62 mi-3

Local Area Statistics

Population in SK7

40,669

Population in Stockport

181,140

Town centre distance

0.60 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £230,000

February 4, 2025

Floor Plans

Description

  • Extended 3 Bedroom Semi Detached +
  • No Onward Chain +
  • 2 Spacious Reception Rooms +
  • Central Hazel Grove Location +
  • Outstanding Ongoing Potential +
  • Modernisation Required +

An exciting opportunity to acquire a considerably extended 3 bedroom semi detached home which enjoys a prime location in the heart of Hazel Grove. This larger than average family home offers the opportunity for the new prospective owner to modernise and develop to their own taste and specifications and create a long term family home in a desirable and convenient location. The house is being offered For Sale with No Onward chain and was extended circa 1976 to create 2 spacious reception rooms and an extended kitchen with potential to embrace a stylish open plan living kitchen. In addition, the property benefits from double glazing, gas central heating and has a walled garden frontage and good size patio garden to the rear. Co-Operative Street is positioned in the heart of Hazel Grove and is within easy access of excellent schools, local shopping facilities and good public transport links including Hazel Grove railway Station which is just a short stroll away. The accommodation on offer briefly comprises : Enclosed entrance porch, entrance hall, front lounge with feature central fireplace, expansive and extended rear living room with French doors leading to the rear garden and adjacent extended kitchen. To the first floor, a landing leads to 3 bedrooms and a 3 piece bathroom suite. Externally, as previously mentioned there is a walled garden frontage and a low maintenance but good size patio garden to the rear which is enclosed by fence boundaries.

Agent Details

Edward Mellor Ltd, Hazel Grove

0161 524 3086

Next Steps?

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