3 Bed Semi-Detached House, Refurb/BRRR, Bredbury, SK6 7LA, £275,000

Church Lane, Marple, SK6 7LA - 2 views - 2 months ago

Refurb/BRRR
~93 m²
+4 photos

ValuationFair Value

Sold Prices£195K - £800K
Sold Prices/m²£2.3K/m² - £6.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£277,750

 

 

End Value (After Refurb)

£276,878

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Refurb Costs

£39,324

Bridging Loan Interest

£7,219

Total Cash In

£127,743

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£276,878

Mortgage (After Refinance)

£207,658

Mortgage LTV

75%

Cash Released

£1,408

Cash Left In

£126,334

Equity

£69,219

Rent Range

£595 - £1,800

Rent Estimate

£1,064

Running Costs/mo

£1,098

Cashflow/mo

£-34

Cashflow/yr

£-409

Gross Yield

5%

Local Sold Prices

51 sold prices from £195K to £800K, average is £299.5K. £2.3K/m² to £6.1K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£600K12/200.08 mi7a, Ridge Avenue, Marple, Stockport, Greater Manchester SK6 7HJ3
£415K03/210.08 mi10, Ridge Avenue, Marple, Stockport, Greater Manchester SK6 7HJ3
£800K02/230.08 mi9b, Ridge Avenue, Marple, Stockport, Greater Manchester SK6 7HJ3
£490K03/230.1 mi7, Parsonage Gardens, Marple, Stockport, Greater Manchester SK6 7NB3
£375K11/210.13 mi36, Brookdale Avenue, Marple, Stockport, Greater Manchester SK6 7HP3
£575K02/230.13 mi1, Brookdale Avenue, Marple, Stockport, Greater Manchester SK6 7HP3
£377.5K07/230.13 mi36, Brookdale Avenue, Marple, Stockport, Greater Manchester SK6 7HP3
£377.5K07/230.13 mi36, Brookdale Avenue, Marple, Stockport, Greater Manchester SK6 7HP3
£310K02/210.17 mi20, Ridge Road, Marple, Stockport, Greater Manchester SK6 7HN3
£265K04/210.23 mi81, Hibbert Lane, Marple, Stockport, Greater Manchester SK6 7NY3
£352K04/210.24 mi41, Hawk Green Road, Marple, Stockport, Greater Manchester SK6 7HR3
£290K12/220.24 mi2, Ecclesbridge Road, Marple, Stockport, Greater Manchester SK6 7PF3
£195K01/210.25 mi28, Barlow Crescent, Marple, Stockport, Greater Manchester SK6 7PE3
£290K06/210.25 mi10a, Barlow Crescent, Marple, Stockport, Greater Manchester SK6 7PE3
£380K09/210.26 mi27, Shepley Lane, Marple, Stockport, Greater Manchester SK6 7JN3
£230K03/210.26 mi85, Mount Drive, Marple, Stockport, Greater Manchester SK6 7BD3
£266K01/230.3 mi94, Mount Drive, Marple, Stockport, Greater Manchester SK6 7BD3
£195K01/210.33 mi53, Mount Drive, Marple, Stockport, Greater Manchester SK6 7BA3
£335K06/230.33 mi11, Mount Drive, Marple, Stockport, Greater Manchester SK6 7BA3
£225K10/200.33 mi11, Hazel View, Marple, Stockport, Greater Manchester SK6 7JF3
£275K09/210.35 mi43, Hibbert Lane, Marple, Stockport, Greater Manchester SK6 7NZ3
£325K01/230.36 mi6, Hollies Drive, Marple, Stockport, Greater Manchester SK6 7BH3
£385K05/230.37 mi14, Woodville Drive, Marple, Stockport, Greater Manchester SK6 7QR3
£235K07/210.37 mi36, Barnsfold Road, Marple, Stockport, Greater Manchester SK6 7JB3
£325K01/230.39 mi22, Ridge Crescent, Marple, Stockport, Greater Manchester SK6 7JA3
£372K03/230.4 mi111, Church Lane, Marple, Stockport, Greater Manchester SK6 7AY3
£237K03/210.4 mi14, East Vale, Marple, Stockport, Greater Manchester SK6 6BP3
£278K03/210.41 mi45, Church Street, Marple, Stockport, Greater Manchester SK6 6BW3
£265K02/210.42 mi17, Lyme Grove, Marple, Stockport, Greater Manchester SK6 7NW3
£236K05/210.44 mi3, Chapel Fields, Marple, Stockport, Greater Manchester SK6 7AU3
£400K06/230.45 mi14, Lockside, Marple, Stockport, Greater Manchester SK6 6BN3
£380K06/230.48 mi20, Cedar Road, Marple, Stockport, Greater Manchester SK6 7QP3
£271K06/230.48 mi18, Hibbert Lane, Marple, Stockport, Greater Manchester SK6 7NL3
£350K05/230.51 mi39, Woodville Drive, Marple, Stockport, Greater Manchester SK6 7QS3
£245K06/210.52 mi28, Carver Road, Marple, Stockport, Greater Manchester SK6 7PS3
£240K06/210.53 mi60, Church Lane, Marple, Stockport, Greater Manchester SK6 7AW3
£280K12/200.54 mi47, Buxton Lane, Marple, Stockport, Greater Manchester SK6 7QL3
£299.5K03/210.54 mi26, Buxton Lane, Marple, Stockport, Greater Manchester SK6 7QL3
£347.5K03/210.54 mi36, Buxton Lane, Marple, Stockport, Greater Manchester SK6 7QL3
£285K12/200.55 mi70, Brindley Avenue, Marple, Stockport, Greater Manchester SK6 7NH3
£215K03/230.55 mi18, Brindley Avenue, Marple, Stockport, Greater Manchester SK6 7NH3
£310K04/210.59 mi33, Church Lane, Marple, Stockport, Greater Manchester SK6 7NQ3
£345K05/230.6 mi12, Brydges Road, Marple, Stockport, Greater Manchester SK6 7RA3
£245K05/210.63 mi69, Edwards Way, Marple, Stockport, Greater Manchester SK6 7PY3
£255K11/210.63 mi47, Edwards Way, Marple, Stockport, Greater Manchester SK6 7PY3
£320.5K12/200.65 mi27, Church Lane, Marple, Stockport, Greater Manchester SK6 6DE3
£270K12/220.65 mi2, Church Lane, Marple, Stockport, Greater Manchester SK6 6DE3
£290K12/200.65 mi9, Yew Tree Close, Marple, Stockport, Greater Manchester SK6 7QZ3
£325K09/210.67 mi19, Hollins Green Road, Marple, Stockport, Greater Manchester SK6 6AN3
£310K03/210.67 mi31, Shirley Avenue, Marple, Stockport, Greater Manchester SK6 6DG3
£250K08/210.67 mi37, Shirley Avenue, Marple, Stockport, Greater Manchester SK6 6DG3

Local Rents

50 rents from £595/mo to £1.8K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,25012/240.17 miBriarwood Crescent, Marple, Stockport, SK63
£1,10012/240.2 miEcclesbridge Road; Marple. SK63
£1,10008/240.2 miDiamond Terrace, Marple, Stockport, Cheshire, SK62
£79508/240.21 miEast Drive, Marple, Stockport, Cheshire1
£90012/240.22 miRidge Road, Marple, Stockport1
£97512/240.24 miUpper Hibbert Lane, Marple, Stockport, SK62
£94501/240.24 mi-2
£97509/240.24 mi-2
£1,05008/230.25 mi-2
£1,80011/240.31 mi-4
£1,30012/240.39 miHollingworth Drive, Marple, Stockport3
£1,10012/240.41 miWillow Grove, Marple, Stockport, SK63
£97001/250.41 mi-2
£1,20004/250.43 mi-2
£95011/230.43 mi-2
£85001/250.45 mi-2
£79508/240.46 miHibbert Lane, Marple1
£95012/240.48 miMarket Street, Stockport2
£1,65012/240.48 miKinder Drive, Marple, Stockport, SK62
£1,20009/240.48 mi-2
£1,10009/240.48 mi-1
£1,10008/240.48 mi-1
£95008/240.48 mi-1
£95008/240.48 mi-1
£1,25003/250.48 mi-1
£1,25009/240.48 mi-2
£79512/240.5 miMarket Street, Marple, Stockport, Cheshire, SK61
£69508/230.52 mi-1
£99508/240.52 miWindsor Drive, Marple, Stockport, Cheshire, SK62
£95008/240.53 miQueen Street, Marple. Stockport, SK6 6BQ2
£1,20011/230.56 mi Bank Apartments, 53 Stockport Road, Marple, Stockport, SK62
£1,20004/250.59 mi-2
£75003/250.61 mi-1
£1,05012/240.64 mi Stockport Road, Marple, Stockport, Cheshire, SK62
£89512/240.65 miChurch Lane, Stockport, Greater Manchester, SK62
£1,10003/240.71 mi-2
£1,15010/240.71 mi-2
£1,50012/240.72 miWindlehurst Road, High Lane, SK64
£85012/240.73 miStockport Road, Marple, Stockport, SK62
£97512/240.73 miFlat 2, 153 Stockport Road, Marple, Greater Manchester, SK62
£97512/240.73 miFlat 4, 153 Stockport Road, Marple, Greater Manchester, SK62
£97512/240.74 miStockport Road, Marple, Stockport, SK62
£1,10008/240.77 miStockport Road, Stockport, SK6 6DN2
£1,00004/240.77 mi-2
£1,20004/240.79 mi-3
£1,25011/230.99 mi-2
£1,25008/241.07 miKayswood Road, Marple, Stockport, SK63
£1,20012/241.13 miLower Fold, Marple Bridge, SK62
£59508/231.18 mi-1
£62501/241.18 mi-1

Local Area Statistics

Population in SK6

50,689

Town centre distance

3.55 miles away

Nearest school

0.30 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £275,000

February 6, 2025

Floor Plans

Description

  • Three Bedroom Semi Detached +
  • Garden +
  • Desirable Location +
  • Exciting Potential +
  • No Chain +
  • Reputable Schools Nearby +

Brimming with potential, THREE BEDROOM semi detached property is situated within the SOUGHT AFTER residential area of Marple, offering a fantastic opportunity for FAMILIES looking to create their dream home. Attractively priced to reflect the modernisation required, this property presents the opportunity for buyers to personalise and update to their taste. The welcoming entrance hall leads into a good sized lounge, perfect for family gatherings, while the fitted kitchen offers ample space and provides access to the garden, with a convenient utility room enhancing the functionality of the space. On the first floor, you'll find two generous double bedrooms, a single bedroom ideal for use as an office or nursery, and a family bathroom with a separate WC. Externally, the property benefits from a front garden and rear garden with an established lawn and patio area, perfect for outdoor dining and relaxation during the warmer months. Located just a fifteen minute stroll from Marple’s vibrant town centre, the property benefits from excellent transport links to Manchester via two nearby train stations, as well as bus routes to surrounding areas. Reputable primary and secondary schools are within walking distance, making this an ideal location for families. Additionally, local shops and supermarkets are close by for everyday conveniences, and the nearby Memorial Park offers a lovely outdoor space for children to play. This property is a fantastic opportunity to secure a family home in a great location and make it your own with some modernisation. Early viewing is highly recommended!

Agent Details

Edward Mellor Ltd, Marple

0161 524 6040

Next Steps?

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