2 Bed Flat, Single Let, Stockport, SK5 6GB, £150,000
Cromwell Avenue, Reddish, Stockport, Cheshire, SK5 6GB - 2 months ago
Sold STC
Leasehold
BTL
ROI: 5%
~68 m²





+4 photos
ValuationFair Value
Sold Prices | £90K - £200K |
Sold Prices/m² | £1.6K/m² - £2.7K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.2K/m² |
Value Estimate | £148,427 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £37,500 |
Stamp Duty & Legal Fees | £5,700 |
Total Cash In | £43,200 |
| |
Cash Out | |
Rent Range | £695 - £1,550 |
Rent Estimate | £815 |
Running Costs/mo | £652 |
Cashflow/mo | £163 |
Cashflow/yr | £1,959 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
24 sold prices from £90K to £200K, average is £131K. £1.6K/m² to £2.7K/m², average is £2.2K/m².
Local Rents
49 rents from £695/mo to £1.6K/mo, average is £995/mo.
Local Area Statistics
Population in SK5 | 29,538 |
Population in Stockport | 181,140 |
Town centre distance | 4.29 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.23 miles away |
| |
Rental growth (12m) | +28% |
Sales demand | Seller's market |
Capital growth (5yrs) | +48% |
Property History
Listed for £150,000
February 18, 2025
Floor Plans

Description
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