2 Bed Flat, Single Let, Bredbury, SK6 1SL, £170,000

Lowes House, Rodney Drive, Woodley, SK6 1SL - 2 views - 2 months ago

Sold STC

Leasehold

BTL

ROI: 2%

~68 m²

+8 photos

ValuationOvervalued

Sold Prices	£80K - £277.5K
Sold Prices/m²	£1.3K/m² - £4.4K/m²

Square Metres	~68.11 m²
Price/m²	£2.5K/m²
Value Estimate	£148,892£148,892

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£42,500£42,500
Stamp Duty & Legal Fees	£6,300£6,300
Total Cash In	£48,800£48,800

Cash Out
Rent Range	£775 - £1,300£775 - £1,300
Rent Estimate	£775
Running Costs/mo	£706£706
Cashflow/mo	£69£69
Cashflow/yr	£825£825
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

27 sold prices from £80K to £277.5K, average is £126K. £1.3K/m² to £4.4K/m², average is £2.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£142.5K	10/22	0.07 mi	43, Oldham Drive, Bredbury, Stockport, Greater Manchester SK6 1HD	-	-	2	Flat
£80K	04/21	0.14 mi	67, Mill Lane, Woodley, Stockport, Greater Manchester SK6 1QJ	£1,455	55	2	Flat
£210K	11/20	0.23 mi	23, Birchall Green, Woodley, Stockport, Greater Manchester SK6 1RZ	£4,038	52	2	Flat
£100K	12/20	0.25 mi	4, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR	£1,639	61	2	Flat
£120K	04/21	0.25 mi	2, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR	£2,000	60	2	Flat
£120K	02/21	0.26 mi	7, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR	£2,000	60	2	Flat
£132K	01/23	0.41 mi	Flat 20, Springbank Court, Manor Road, Woodley, Stockport, Greater Manchester SK6 1RW	-	-	2	Flat
£277.5K	02/21	0.6 mi	47, Cambridge Drive, Woodley, Stockport, Greater Manchester SK6 1HZ	£4,336	64	2	Flat
£222.5K	11/22	0.75 mi	Flat 4a, Harrytown Hall, Harrytown, Romiley, Stockport, Greater Manchester SK6 3BT	-	-	2	Flat
£255K	11/20	0.84 mi	4, Highcroft Road, Romiley, Stockport, Greater Manchester SK6 4PS	£4,397	58	2	Flat
£101K	05/23	0.86 mi	Flat 12, New Acre Court, Metcalfe Drive, Romiley, Stockport, Greater Manchester SK6 3BJ	-	-	2	Flat
£117K	04/23	0.86 mi	Flat 4, New Acre Court, Metcalfe Drive, Romiley, Stockport, Greater Manchester SK6 3BJ	-	-	2	Flat
£111.5K	11/20	0.94 mi	42, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH	£1,297	86	2	Flat
£139.9K	10/21	0.94 mi	52, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH	£2,372	59	2	Flat
£125K	03/21	1.09 mi	31a, Oak Avenue, Romiley, Stockport, Greater Manchester SK6 4DN	£1,453	86	2	Flat
£85K	01/23	1.36 mi	10, Mancunian Road, Denton, Manchester, Greater Manchester M34 7GX	£1,308	65	2	Flat
£108K	06/21	1.56 mi	Flat 6, Barton Court, Clough Fold Road, Hyde, Greater Manchester SK14 5AQ	-	-	2	Flat
£170K	03/23	1.6 mi	1, Grange Avenue, Denton, Manchester, Greater Manchester M34 7TP	£2,931	58	2	Flat
£143K	01/23	1.76 mi	Apartment 50, Enfield Court, Garside Street, Hyde, Greater Manchester SK14 5GU	-	-	2	Flat
£125K	12/20	1.76 mi	Apartment 48, Enfield Court, Garside Street, Hyde, Greater Manchester SK14 5GU	-	-	2	Flat
£167K	01/23	1.76 mi	Flat 10a, King Edwards Court, King Edward Road, Hyde, Greater Manchester SK14 5JR	-	-	2	Flat
£135K	04/21	1.9 mi	15, City Avenue, Denton, Manchester, Greater Manchester M34 2BR	-	-	2	Flat
£126K	04/23	1.9 mi	7, City Avenue, Denton, Manchester, Greater Manchester M34 2BR	£2,739	46	2	Flat
£130K	08/23	1.9 mi	25, City Avenue, Denton, Manchester, Greater Manchester M34 2BR	£2,826	46	2	Flat
£115K	08/21	1.91 mi	Flat 10, Werneth Court, Stockport Road, Hyde, Greater Manchester SK14 5QG	-	-	2	Flat
£105.7K	03/21	1.91 mi	Flat 9, Werneth Court, Stockport Road, Hyde, Greater Manchester SK14 5QG	-	-	2	Flat
£141K	03/23	1.94 mi	Apartment 14, Alder Heights, New Zealand Road, Stockport, Greater Manchester SK1 4AG	-	-	2	Flat

Local Rents

18 rents from £775/mo to £1.3K/mo, average is £925/mo.

Rent	Date	Distance	Address	Beds	Type
£1,200	12/24	0.2 mi	-	2	Semi-Detached House
£1,100	12/24	0.21 mi	Weybourne Drive, Bredbury, Stockport, SK6 2DN	2	Semi-Detached House
£800	12/24	0.24 mi	Chamberlain Gardens, Stockport, SK6 1BR	2	Flat
£1,050	08/24	0.26 mi	George Lane, Bredbury, Stockport	2	Flat
£900	08/24	0.37 mi	Manor Road, Stockport, Cheshire, SK6	2	Flat
£775	07/24	0.42 mi	-	2	Flat
£775	04/25	0.42 mi	-	2	Flat
£800	08/24	0.42 mi	-	2	Flat
£775	08/24	0.42 mi	-	2	Flat
£1,200	08/24	0.45 mi	Coppice Close, Woodley, Stockport, Greater Manchester, SK6	2	Flat
£875	08/24	0.48 mi	Lauren Court, Bredbury, Stockport, SK6	2	Flat
£825	08/24	0.48 mi	Lauren Court, 38 Lower Bents Lane, Bredbury, Stockport, SK6	2	Flat
£1,150	12/24	0.49 mi	-	2	Terraced House
£1,300	11/24	0.53 mi	-	2	Semi-Detached House
£1,100	11/24	0.53 mi	-	2	Semi-Detached House
£950	01/25	0.53 mi	-	2	Terraced House
£960	08/24	0.55 mi	-	2	Terraced House
£775	12/24	0.62 mi	Berrycroft Lane, Bredbury, Stockport	2	Flat

Local Area Statistics

Population in SK6	50,68950,689
Town centre distance	0.58 miles away0.58 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.33 miles away0.33 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-5%-5%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+38%+38%

Property History

Listed for £170,000

February 10, 2025

Floor Plans

Description

Stunning Apartment in Woodley +
Excellent Transport Links +
Two Double Bedrooms +
Large Open Plan Kitchen/ Dining/ Living Area +
Balcony Overlooking the Village Green +

CHAIN FREE ! A rare opportunity to purchase a beautifully presented, two bedroom apartment within this sought-after development set in an ideal spot for commuting. Just a short walk from Woodley shopping centre and Bredbury and Woodley Railway Station with direct links to Manchester City Centre. Situated on the second floor with a balcony overlooking the village green, the accommodation includes an entrance hall with large storage cupboard, open plan kitchen / living area with balcony, two good sized bedrooms and a spacious modern bathroom. Outside, there is access to the well maintained communal gardens and an allocated parking space. Tenure: Leasehold 120 years remaining. Ground Rent 100. 00 pounds per annum. 120.00 pounds service charge per month. EPC rating: B. Council Tax Band: B.

Agent Details

Thomas Lardner, Romiley, Stockport

0161 524 7112

Next Steps?

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ValuationOvervalued

CashflowsOpen in Analyser

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Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents