3 Bed Terraced House, Single Let, Stockport, SK5 7JL, £180,000

Pendle Walk, Reddish, SK5 7JL - 2 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~93 m²
+14 photos

ValuationUndervalued

Sold Prices£135K - £345K
Sold Prices/m²£1.5K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£217,800
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£950 - £1,250

Rent Estimate

£1,063

Running Costs/mo

£795

Cashflow/mo

£268

Cashflow/yr

£3,215

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £135K to £345K, average is £191.5K. £1.5K/m² to £4.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£237.5K12/220.04 mi10, Severn Way, Stockport, Greater Manchester SK5 7JJ3
£207K02/230.06 mi14, Dane Walk, Stockport, Greater Manchester SK5 7JN3
£190K02/210.07 mi1, Woodhall Road, Stockport, Greater Manchester SK5 7QB3
£178K11/200.08 mi10, Acacia Grove, Stockport, Greater Manchester SK5 7QE3
£193K12/220.08 mi5, Acacia Grove, Stockport, Greater Manchester SK5 7QE3
£179.3K02/210.09 mi11, Bollin Walk, Stockport, Greater Manchester SK5 7JW3
£165K07/210.1 mi7, Beechwood Avenue, Stockport, Greater Manchester SK5 7QD3
£160K04/210.11 mi13, Ashdale Close, Stockport, Greater Manchester SK5 7JP3
£148.5K03/210.11 mi3, Ashdale Close, Stockport, Greater Manchester SK5 7JP3
£262K01/230.12 mi22, Woodhall Road, Stockport, Greater Manchester SK5 7QH3
£250K02/210.12 mi124, Reddish Road, Stockport, Greater Manchester SK5 7JG3
£255K06/230.21 mi54, Mayfield Grove, South Reddish, Stockport, Greater Manchester SK5 7JB3
£317.5K10/200.21 mi30, Mayfield Grove, South Reddish, Stockport, Greater Manchester SK5 7JB3
£187K03/210.22 mi117, Bangor Street, Stockport, Greater Manchester SK5 7QA3
£195K06/230.22 mi14, Clare Road, Stockport, Greater Manchester SK5 7QW3
£190K11/210.23 mi39, Gair Road, Stockport, Greater Manchester SK5 7LH3
£255K04/210.23 mi14, Birkdale Road, Stockport, Greater Manchester SK5 7LU3
£182.5K10/200.24 mi14, Baslow Grove, Stockport, Greater Manchester SK5 7NJ3
£266K02/230.24 mi10, Mayfield Grove, South Reddish, Stockport, Greater Manchester SK5 7JB3
£242.5K12/200.26 mi23, Bryn Drive, Stockport, Greater Manchester SK5 7JD3
£185K10/210.27 mi8, Colwyn Crescent, Stockport, Greater Manchester SK5 7LL3
£240K08/210.27 mi68, Greg Street, Stockport, Greater Manchester SK5 7LB3
£135.5K04/230.28 mi62, Reddish Road, Stockport, Greater Manchester SK5 7QU3
£262.5K03/230.3 mi42, Fairford Way, Stockport, Greater Manchester SK5 7NG3
£220K03/210.33 mi24, Woodville Grove, Stockport, Greater Manchester SK5 7HU3
£220K03/210.33 mi24, Woodville Grove, Stockport, Greater Manchester SK5 7HU3
£193K06/230.35 mi10a, Reddish Road, Stockport, Greater Manchester SK5 7PE3
£290K04/210.37 mi2, St Marys Drive, Stockport, Greater Manchester SK5 7AX3
£180K04/230.37 mi25, Cabot Place, Stockport, Greater Manchester SK5 7PD3
£226K04/210.41 mi35, Broadstone Hall Road South, Stockport, Greater Manchester SK5 7DQ3
£135K02/210.41 mi70, Frobisher Place, Stockport, Greater Manchester SK5 7PF3
£145K02/210.41 mi55, Frobisher Place, Stockport, Greater Manchester SK5 7PF3
£345K01/230.44 mi59, Three Acres Drive, Stockport, Greater Manchester SK5 7NE3
£176K01/210.48 mi248, Reddish Road, Stockport, Greater Manchester SK5 7DU3
£175K02/210.5 mi19, Dumbarton Road, Stockport, Greater Manchester SK5 7EQ3
£145K01/210.51 mi9, Ambleside Road, Stockport, Greater Manchester SK5 7EF3
£187K01/210.51 mi47, Brentford Road, Stockport, Greater Manchester SK5 7EA3
£143K01/210.51 mi53, Foliage Crescent, Stockport, Greater Manchester SK5 8AP3
£150K05/230.51 mi51, Foliage Crescent, Stockport, Greater Manchester SK5 8AP3
£184K11/210.53 mi8, Coniston Road, Stockport, Greater Manchester SK5 7EJ3
£280K05/210.55 mi34, Brinnington Road, Stockport, Greater Manchester SK1 2EX3
£190K10/200.55 mi3, Sandileigh Avenue, Stockport, Greater Manchester SK5 8AJ3
£240K10/220.57 mi6c, Brinnington Road, Stockport, Greater Manchester SK1 2HB3
£180K02/230.58 mi12, Romney Way, Stockport, Greater Manchester SK5 8NE3
£280K09/220.59 mi17, Goyt Crescent, Stockport, Greater Manchester SK1 2HA3
£145K02/230.6 mi8, Dartford Avenue, Stockport, Greater Manchester SK5 8LY3
£212K02/210.6 mi22, Goyt Crescent, Stockport, Greater Manchester SK1 2HA3
£165K12/200.6 mi17, Brunton Road, Stockport, Greater Manchester SK5 7ES3
£260K10/210.6 mi50, Dumbarton Road, Stockport, Greater Manchester SK5 7EH3
£198K09/210.6 mi55, Dumbarton Road, Stockport, Greater Manchester SK5 7EH3

Local Rents

10 rents from £950/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15008/240.28 miMelton Street, Stockport, Greater Manchester, SK53
£1,10008/240.46 mi-3
£1,10008/240.46 miPearson Street, Stockport, SK53
£1,15002/240.47 mi-3
£1,15012/240.48 mi-3
£1,25008/240.48 miMeadow Mill, Water Street, Stockport3
£1,05008/240.53 miConiston Road, Reddish, SK53
£1,20011/240.56 mi-3
£95008/240.57 miBrinnington Road,Stockport,SK13
£1,25009/240.62 miBrinnington Road, Brinington, Stockport3

Local Area Statistics

Population in SK5

29,538

Population in Stockport

181,140

Town centre distance

2.59 miles away

Nearest school

0.10 miles away

Nearest train station

0.84 miles away

 

 

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £180,000

February 5, 2025

Floor Plans

Description

  • PLEASE QUOTE OK0110 +
  • LOVINGLY MAINTAINED THREE BEDROOM MID MEWS +
  • SITUATED ON A QUIET WALK, ON A QUIET CUL-DE-SAC +
  • PERFECT FOR FIRST TIME BUYERS AND FAMILIES +
  • UNOBSCURED VIEWS TO THE REAR +
  • BEING SOLD WITH NO VENDOR CHAIN +

Situated on a quiet walk with the green space of Reddish Vale Country Park on your doorstep and the local schools, cafes and amenities that Reddish Village has to offer just a short stroll walk away; this well presented three bedroom family home is ideally located in a quiet yet convenient location.  The property briefly comprises of: porch leading through in to the spacious open plan lounge and dining areas. Acces out to the garden with unobscured views. An open plan family kitchen leads off the rear reception area and boasts a range of wall and base units along with space for appliances. To the first floor: the family bathroom with three piece suite and shower over the bath. The main bedroom, to the front of the property, offers ample space for king size bed and built in wardrobes. The second bedroom, to the rear of the property, offers ample space for double bed and storage with views over the garden. The versatile third bedroom is well proportioned, with space for a single bed and wardrobe or could be used as a home office or nursery. Externally, the property boasts a low maintenance garden with paved and laid to lawn areas. A lovingly maintained family home, perfect for first time buyers and families. Being sold with the added bonus of no vendor chain. Leasehold information: 
Date : 8 February 1968
Term : 999 years from 8 February 1968
Ground rent : £13

Agent Details

eXp UK, North West

03304 609968

Next Steps?

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