5 Bed Detached House, Refurb/BRRR, Bredbury, SK6 8AT, £425,000

Derwent Road, High Lane, Stockport, Cheshire, SK6 8AT - 10 views - 2 months ago

Leasehold
Refurb/BRRR
~178 m²
+12 photos

ValuationUndervalued

Sold Prices£275K - £1.8M
Sold Prices/m²£2.1K/m² - £4.7K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.4K/m²

Value Estimate

£437,750
BMV3%

 

 

End Value (After Refurb)

£587,731

Uplift in Value

+38%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£75,385

Bridging Loan Interest

£11,156

Total Cash In

£217,241

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£587,731

Agent Fees (1%)

£5,877

Bridging Loan

£318,750

Bridging Loan Interest

£11,156

Flip Profit

£45,862

Local Sold Prices

24 sold prices from £275K to £1.8M, average is £582.5K. £2.1K/m² to £4.7K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£445K08/210.1 mi4, Grasmere Crescent, High Lane, Stockport, Greater Manchester SK6 8AL5
£475K02/230.1 mi4, Grasmere Crescent, High Lane, Stockport, Greater Manchester SK6 8AL5
£580K06/210.21 mi88, Andrew Lane, High Lane, Stockport, Greater Manchester SK6 8HY5
£520K12/200.34 miLambton, Middlewood Road, High Lane, Stockport, Greater Manchester SK6 8AU5
£905K11/200.75 mi5, Fletcher Drive, Disley, Stockport, Greater Manchester SK12 2ND5
£800K06/210.79 mi17, Park Road, Disley, Stockport, Greater Manchester SK12 2NA5
£710K02/210.93 mi14, Melrose Crescent, Poynton, Stockport, Cheshire SK12 1UT5
£737.5K02/210.97 mi9, Derbyshire Road, Poynton, Stockport, Cheshire SK12 1TZ5
£675K02/231.09 miClough Bridge Cottage, Hollinwood Lane, Marple, Stockport, Greater Manchester SK6 7DZ5
£730K06/211.21 mi56, Jacksons Edge Road, Disley, Stockport, Cheshire East SK12 2JR5
£585K03/231.5 mi46, The Ridgeway, Disley, Stockport, Cheshire East SK12 2JQ5
£471K12/201.64 mi7, Hibbert Lane, Marple, Stockport, Greater Manchester SK6 7NN5
£1.8M06/231.68 miRegency House, Towers Road, Poynton, Stockport, Cheshire East SK12 1DD5
£860K06/211.7 mi6, Towers Close, Poynton, Stockport, Cheshire SK12 1DH5
£400K04/211.75 mi81, Peregrine Road, Stockport, Greater Manchester SK2 5UP5
£450K02/211.76 mi22, Brambling Close, Stockport, Greater Manchester SK2 5UE5
£435K08/211.84 mi9, Dystelegh Road, Disley, Stockport, Cheshire East SK12 2BQ5
£378.5K05/211.85 mi20, Nightingale Close, Stockport, Greater Manchester SK2 5BY5
£605K10/201.88 mi2, Foxhill Chase, Stockport, Greater Manchester SK2 5HJ5
£562.5K02/211.89 mi41, Station Road, Marple, Stockport, Greater Manchester SK6 6AJ5
£585K01/211.89 mi57, Station Road, Marple, Stockport, Greater Manchester SK6 6AJ5
£275K04/211.91 mi14, Chantry Road, Disley, Stockport, Cheshire East SK12 2BG5
£480K07/221.94 mi16, Thaxted Drive, Stockport, Greater Manchester SK2 5XH5
£790K01/231.96 mi1, Waters Reach, Poynton, Stockport, Cheshire East SK12 1XT5

Local Rents

50 rents from £775/mo to £3.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£94009/240.28 mi-2
£94011/240.28 mi-2
£1,00010/240.31 mi-2
£1,50003/250.32 mi-1
£1,20012/240.36 miMeadway, High Lane, Stockport, SK62
£85012/240.49 miBuxton Road, High Lane, Stockport, Cheshire, SK61
£87512/230.5 mi-2
£77512/240.57 mi150A Buxton Road, High Lane1
£1,50012/240.61 miWindlehurst Road, High Lane, SK64
£3,50009/240.72 miBuxton Road; Disley. SK124
£1,30012/240.94 miHollingworth Drive, Marple, Stockport3
£1,20009/240.98 mi8 The Pines; Buxton Road West. SK122
£94501/241.09 mi-2
£97509/241.09 mi-2
£97512/241.09 miUpper Hibbert Lane, Marple, Stockport, SK62
£1,05008/231.11 mi-2
£79508/241.11 miEast Drive, Marple, Stockport, Cheshire1
£1,10008/241.13 miDiamond Terrace, Marple, Stockport, Cheshire, SK62
£1,25012/241.17 miBriarwood Crescent, Marple, Stockport, SK63
£1,10008/241.24 miTorkington Manor, Torkington Road, Stockport, SK72
£90012/241.25 miRidge Road, Marple, Stockport1
£1,20002/251.25 mi-2
£1,10008/241.35 miCherry Tree Drive, Hazel Grove, Stockport, Cheshire, SK72
£1,10012/241.37 miEcclesbridge Road; Marple. SK63
£80008/241.4 miDunvegan Road, Hazel Grove, Stockport2
£1,98012/241.4 miSandown Road, Hazel Grove4
£2,20012/241.43 miWyne Close, Hazel Grove, STOCKPORT, Cheshire, SK74
£2,25012/241.43 mi-4
£1,10008/241.44 miTannock Road, Hazel Grove, Stockport, Cheshire, SK73
£2,00009/241.46 miApartment 6 Dunwood, Homestead Road, Disley3
£1,59508/241.53 miDevonshire Road, Stockport, Greater Manchester, SK73
£97508/241.53 miTorkington Road, Stockport, Cheshire, SK72
£99508/241.54 miWindsor Drive, Marple, Stockport, Cheshire, SK62
£99507/231.59 mi-2
£99510/241.59 mi-2
£1,70008/241.59 miBuxton Road West, Disley2
£1,25009/241.59 miBuxton Road West, Disley2
£1,25009/241.59 miBuxton Road West, Disley2
£1,50009/241.59 miBuxton Road West, Disley, Stockport2
£1,30009/241.6 mi-3
£1,30012/241.6 miDorothy Road, Hazel Grove, Stockport, SK73
£1,29504/231.6 mi-3
£1,39904/231.61 mi-4
£1,80011/241.62 mi-4
£1,10012/241.62 miWillow Grove, Marple, Stockport, SK63
£1,30012/241.62 miDorothy Road, Stockport, Greater Manchester, SK73
£1,20004/251.64 mi-2
£79508/241.64 miHibbert Lane, Marple1
£1,20004/241.64 mi-3
£1,00009/231.65 mi-2

Local Area Statistics

Population in SK6

50,689

Town centre distance

4.25 miles away

Nearest school

0.50 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £425,000

February 7, 2025

Floor Plans

Description

  • FIVE BEDROOM DETACHED PROPERTY +
  • NO VENDOR CHAIN +
  • OFF ROAD PARKING +
  • SPACIOUS AND PRIVATE REAR GARDEN +
  • INTEGRAL GARAGE +
  • IN NEED OF MODERNISATION +
  • TWO RECEPTION ROOMS +

SPACIOUS FIVE BEDROOM DETACHED PROPERTY BENFITTING FROM NO VENDOR CHAIN situated in a popular residential location in High Lane. Walking distance from the Canal and close by to local shops and amenities. Although in need of cosmetic improvement it could offer someone a beautiful family home.

In brief the property comprises of entrance porch into internal hallway with staircase to the first floor and access to storage space. Lounge area to the front of the property with feature electric fireplace and wooden slide partition doors. Leading into the dining area with views over the rear aspect and access out through sliding doors, a traditional serving hatch is also featured through to kitchen. Modern tiled finish kitchen with granite effect worktops, eye and base level units with integrated appliances such as; NEFF double oven, hob with extractor over and space for fridge freezer (which could be included). Access is gained to the spacious integral garage with utility space with plumbing for white goods and entry to the rear.

To the first floor landing provides access off to five bedrooms, three being sizeable doubles. The main bedroom is inclusive of fitted wardrobes and drawer space; single bedroom to the front currently as an office, the fifth being well proportioned with further fitted wardrobes. To complete the internal accommodation is the family bathroom suite including bath with shower over and hand wash basin with internal cupboards, there is a separate WC adjacent.

Externally to the front of the property there is a tarmac driveway providing off road parking, with access to the internal garage via up and over door. Externally to the rear of the property there is an enclosed, substantially sized garden with paved patio for seating but mainly laid to lawn with a range of herbaceous borders and mature shrubs, perfect for gardeners. A fantastic property which must be internally viewed to fully appreciate the size and potential of accommodation on offer.

Tenure - Leasehold £17 per annum ground rent. (please note that vendor owns a piece of land at the back of the property which is Freehold) Council Tax Band - E EPC - Rating: TBC Property construction - Brick Utilities: Water supply - Mains Electricity Supply - Mains Sewerage - Mains Heating - Gas central heating Parking - Drive and Garage Maximum Broadband Speeds Available - 1000mbps Mobile Phone coverage - Poor/Okay Any other relevant building information we are aware of - None Rights and restrictions we are aware of - None Has the property flooded in the last 5 years - No

Agent Details

Lawler & Co, Poynton

01625 920351

Next Steps?

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