3 Bed Semi-Detached House, Refurb/BRRR, Stockport, SK4 3PJ, £350,000

99 Barcicroft Road, Heaton Mersey, Stockport, SK4 3PJ - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£183K - £465K
Sold Prices/m²£2.3K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£277,743

 

 

End Value (After Refurb)

£325,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£39,290

Bridging Loan Interest

£9,188

Total Cash In

£154,427

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£325,000

Mortgage (After Refinance)

£243,750

Mortgage LTV

75%

Cash Left In

£154,427

Equity

£81,250

Rent Range

£1,275 - £2,000

Rent Estimate

£1,521

Running Costs/mo

£1,340

Cashflow/mo

£181

Cashflow/yr

£2,174

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £183K to £465K, average is £255K. £2.3K/m² to £4.4K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£310K09/210.06 mi8, Upton Avenue, Stockport, Greater Manchester SK4 3PL3
£335K06/210.06 mi2, Upton Avenue, Stockport, Greater Manchester SK4 3PL3
£400K03/230.08 mi65, Kingsleigh Road, Stockport, Greater Manchester SK4 3PP3
£325K06/210.09 mi4, Sunnybank Avenue, Stockport, Greater Manchester SK4 3PR3
£320K03/230.15 mi543, Burnage Lane, Manchester, Greater Manchester M19 1NH3
£220K03/210.15 mi14, Ashby Avenue, Manchester, Greater Manchester M19 1NF3
£445K10/200.16 mi11, Cherry Holt Avenue, Stockport, Greater Manchester SK4 3PT3
£305K11/230.18 mi562, Burnage Lane, Manchester, Greater Manchester M19 1LA3
£228K02/210.18 mi21, Moorcroft Drive, Manchester, Greater Manchester M19 1NL3
£325K12/230.18 mi47, Moorcroft Drive, Manchester, Greater Manchester M19 1NL3
£193K10/200.19 mi32, Cranwell Drive, Manchester, Greater Manchester M19 1WD3
£320K09/210.19 mi24, Kingsleigh Road, Stockport, Greater Manchester SK4 3QG3
£227.5K10/210.19 mi7, Cranwell Drive, Manchester, Greater Manchester M19 1SA3
£320K11/200.21 mi3, Hepple Close, Stockport, Greater Manchester SK4 3RR3
£290K05/230.22 mi3, Oakland Avenue, Manchester, Greater Manchester M19 1LB3
£295K05/230.22 mi309, Mauldeth Road, Manchester, Greater Manchester M19 1DZ3
£229.9K08/210.22 mi5, Whitecroft Gardens, Manchester, Greater Manchester M19 1NT3
£215K10/200.23 mi29, Barcicroft Road, Manchester, Greater Manchester M19 1SG3
£280K07/230.23 mi69, Lane End Road, Manchester, Greater Manchester M19 1NB3
£213K02/210.23 mi51, Lane End Road, Manchester, Greater Manchester M19 1NB3
£465K05/210.24 mi5, Trentham Avenue, Stockport, Greater Manchester SK4 3QD3
£233.5K04/210.26 mi31, Overlea Drive, Manchester, Greater Manchester M19 1QY3
£183K06/210.26 mi7, Leaburn Drive, Manchester, Greater Manchester M19 1SD3
£193K06/210.27 mi12, Woodside Avenue, Manchester, Greater Manchester M19 1DY3
£232K03/210.27 mi13, Woodside Avenue, Manchester, Greater Manchester M19 1DY3
£220K03/210.29 mi6, Ivylea Road, Manchester, Greater Manchester M19 1WT3
£235K08/210.29 mi24, Heathwood Road, Manchester, Greater Manchester M19 1SL3
£260K03/230.29 mi21, Overlea Drive, Manchester, Greater Manchester M19 1QR3
£198K02/210.31 mi15, Heathwood Road, Manchester, Greater Manchester M19 1WU3
£200K02/240.32 mi1, Elmhurst Drive, Manchester, Greater Manchester M19 1GD3
£275K02/230.32 mi20, Westcroft Road, Manchester, Greater Manchester M19 1PU3
£270K02/210.32 mi37, Lavister Avenue, Manchester, Greater Manchester M19 1RT3
£220K06/210.33 mi28, Green End Road, Manchester, Greater Manchester M19 1LL3
£245K08/230.33 mi5, Barcicroft Road, Manchester, Greater Manchester M19 1WS3
£290K02/230.34 mi93, Green End Road, Manchester, Greater Manchester M19 1LE3
£245K03/220.35 mi431, Kingsway, Manchester, Greater Manchester M19 1WG3
£310K12/220.35 mi427, Kingsway, Manchester, Greater Manchester M19 1WG3
£260K02/230.36 mi403, Kingsway, Manchester, Greater Manchester M19 1WQ3
£225K10/230.36 mi52, Uppermill Drive, Manchester, Greater Manchester M19 1RU3
£310K06/210.37 mi4, Beaminster Avenue, Stockport, Greater Manchester SK4 3HU3
£250K09/210.38 mi93, Green End Road, Manchester, Greater Manchester M19 1LE3
£334.5K12/200.38 mi35, Ingram Drive, Stockport, Greater Manchester SK4 3RH3
£237K05/210.39 mi1, Fair Oak Road, Manchester, Greater Manchester M19 1DT3
£220K04/210.39 mi15, Fair Oak Road, Manchester, Greater Manchester M19 1DT3
£208K03/230.4 mi348, Kingsway, Manchester, Greater Manchester M19 1PW3
£260K06/230.4 mi346, Kingsway, Manchester, Greater Manchester M19 1PW3
£313K12/210.4 mi17, Mauldeth Close, Stockport, Greater Manchester SK4 3NP3
£233K02/230.41 mi5, Brayside Road, Manchester, Greater Manchester M19 1ST3
£245K01/240.41 mi6, Clover Bank Avenue, Manchester, Greater Manchester M19 1PG3
£306K09/230.41 mi24, Pearn Road, Manchester, Greater Manchester M19 1DS3

Local Rents

26 rents from £1.3K/mo to £2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,35008/240.08 miKingsleigh Road, Heaton Mersey, Stockport, Greater Manchester, SK43
£1,40009/240.11 miWhitehurst Road, Stockport, Cheshire, SK43
£1,40004/250.18 mi-3
£1,65005/240.24 miCarrgreen Close, Manchester, M193
£1,50012/240.24 mi-3
£2,00009/240.28 miBluestone Drive, Stockport3
£1,50005/240.28 mi-3
£1,50012/240.28 mi-3
£1,40005/240.41 miFernbray Avenue, Manchester, M193
£1,40004/250.41 mi-3
£1,40002/250.42 mi-3
£1,50008/240.47 miBerwick Avenue, Heaton Mersey, Stockport3
£1,39505/240.5 miNorwood Avenue, Manchester3
£1,27506/240.5 miWestcroft Road, Manchester, Greater Manchester, M203
£1,45004/250.51 mi-3
£1,35005/240.52 miMelbury Avenue, Manchester, M203
£1,30002/240.52 mi-3
£1,30009/240.54 miBerwick Avenue, Heaton Mersey, Stockport, SK43
£1,45005/240.55 miBriarfield Road, Manchester3
£1,50008/240.55 mi-3
£1,95012/240.56 mi-3
£1,60012/240.61 mi-3
£1,85004/250.61 mi-3
£1,72512/240.61 mi-3
£1,72512/240.61 mi-3
£1,70005/240.62 miHomestead Crescent, Manchester, M19 3

Local Area Statistics

Population in SK4

34,510

Population in Stockport

181,140

Town centre distance

3.82 miles away

Nearest school

0.30 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £350,000

February 6, 2025

Floor Plans

Description

  • Larger Style 3 Bed Semi +
  • In Need Of Updating +
  • Excellent Size Plot +
  • Convenient Location +
  • Rewired 2021 +
  • Two Reception Rooms +
  • Long Driveway +
  • Detached Garage +
  • Long Rear Garden +
  • No Chain Involved +

A larger style three bedroom semi detached family home built to a traditional bay window design and occupying a good size plot with an excellent size rear garden, long driveway and a detached garage. The bright and airy accommodation is in need of updating but all the ingredients are there for a purchaser to carry out works to their own taste and requirements. It should also be noted that the property was rewired in 2021. Rooms to the ground floor comprise an entrance porch, a hall with a wc off, a lounge is open into the sitting/dining room and there is a long kitchen diner. From the hall stairs lead to the first floor where the three excellent bedrooms and the bathroom with a separate wc will be found. The property also benefits from the majority of the windows being double glazed. Barcicroft Road is conveniently located for local amenities catering for most of the everyday wants and needs and Tithe Barn Primary School and Priestnall Secondary School are within catchment and walking distance. The property is freehold and in council tax band C. No chain involved!

Agent Details

John Mellor Independent Estate Agents, Heaton Moor

0161 524 4074

Next Steps?

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