2 Bed Flat, Single Let, Stockport, SK4 3NP, £195,000

Mauldeth Close, Heaton Mersey, SK4 3NP - 2 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£103K - £325K
Sold Prices/m²£2K/m² - £6.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£217,659
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£59,700

 

 

Cash Out

 

Rent Range

£820 - £2,300

Rent Estimate

£900

Running Costs/mo

£809

Cashflow/mo

£91

Cashflow/yr

£1,088

ROI

2%

Gross Yield

6%

Local Sold Prices

24 sold prices from £103K to £325K, average is £187K. £2K/m² to £6.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£195K05/210.07 mi3, Beaminster Court, Stockport, Greater Manchester SK4 3HY2
£195K11/200.28 mi206b, Heaton Moor Road, Stockport, Greater Manchester SK4 4DU2
£187K09/210.29 mi9, Clifton Court, Stockport, Greater Manchester SK4 4DB2
£179K04/230.34 mi30a, Sunnybank Avenue, Stockport, Greater Manchester SK4 3PR2
£167.5K04/210.45 mi7, Fox Hill Court, Stockport, Greater Manchester SK4 2DU2
£155K03/210.52 miFlat 9, Church Manor, Stanley Road, Stockport, Greater Manchester SK4 4HL2
£187K06/210.52 mi470a, Didsbury Road, Stockport, Greater Manchester SK4 3BS2
£290K06/210.6 mi28, Colchester Place, Stockport, Greater Manchester SK4 2NY2
£128K08/220.61 mi15, Oakland Avenue, Manchester, Greater Manchester M19 1LB2
£285K04/210.62 mi8, March Avenue, Stockport, Greater Manchester SK4 2LB2
£205K03/210.65 miFlat 4, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£200K03/210.65 miFlat 12, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£144K10/210.68 mi36e, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£184.9K05/230.69 mi56g, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£167.5K05/210.69 mi56f, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£170K09/230.72 mi838, Burnage Lane, Manchester, Greater Manchester M19 1RS2
£128K08/210.75 mi9, Alston Gardens, Manchester, Greater Manchester M19 1DW2
£325K10/220.77 mi76, Green Pastures, Stockport, Greater Manchester SK4 3RA2
£177.5K01/230.83 mi49g, Crescent Park, Stockport, Greater Manchester SK4 2JD2
£220.5K03/230.84 mi36, Printers Close, Manchester, Greater Manchester M19 1TL2
£200K01/210.84 mi28, Printers Close, Manchester, Greater Manchester M19 1TL2
£209.8K07/230.84 mi7, Printers Close, Manchester, Greater Manchester M19 1TL2
£188K01/210.84 mi36, Printers Close, Manchester, Greater Manchester M19 1TL2
£103K01/210.84 mi77, Broadlea Road, Manchester, Greater Manchester M19 1EG2

Local Rents

47 rents from £820/mo to £2.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00009/240.29 miMersey Road, Heaton Mersey, Stockport, SK42
£1,10010/240.29 mi-2
£1,10001/250.29 mi-2
£1,15002/250.29 mi-2
£95008/240.29 mi-2
£1,15008/240.29 mi-2
£95010/240.31 mi-2
£95009/240.31 miSunnybank Avenue, Heaton Mersey, Stockport2
£1,05007/240.33 mi-2
£90008/240.37 miMoorside Road, Stockport2
£90008/240.37 miMoorside Road, Stockport2
£1,49508/240.37 miDevonshire Road, Heaton Moor, Stockport, SK42
£1,30009/240.37 miDevonshire Road, Heaton Moor, Stockport, Cheshire, SK42
£1,15009/240.39 miCastlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK42
£1,20009/240.39 miCastlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK42
£1,15009/240.39 miCastlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK42
£90009/240.39 miHooley Range, Heaton Moor, Stockport, SK42
£82008/240.4 mi-2
£85009/240.4 miKingsleigh Road, Heaton Mersey, Stockport, SK42
£1,10009/240.42 miEpworth Court, Hooley Range, Heaton Moor2
£1,49502/250.42 mi-2
£97509/240.43 miEpworth Court, 18 Hooley Range, Heaton Moor, Stockport, SK42
£1,15008/240.43 miLyme Street, Heaton Mersey, Stockport, SK42
£1,20008/240.43 miLeewood Court, 23 Hooley Range, Heaton Moor, Manchester, SK42
£1,10003/250.44 mi-2
£1,07503/250.46 mi-2
£1,07511/240.46 mi-2
£2,30008/240.47 mi-2
£1,27508/240.49 miHollycrest Apartments2
£90008/240.53 miRosgiil Close, Stockport, SK42
£90008/240.53 mi-2
£1,20008/240.53 mi-2
£87008/240.54 mi118 Heaton Moor Road, Stockport, SK4 4JY 2
£1,25009/240.54 miKentstone Avenue, Stockport2
£1,30009/240.55 miBriars Mount, Heaton Mersey, Stockport, SK42
£1,20008/240.55 miChevington Drive, Heaton Mersey, Stockport, SK42
£1,00008/240.56 miColchester Place, Heaton Norris, Stockport2
£1,15009/240.56 miColchester Place, Heaton Norris, Stockport2
£1,25008/240.57 mi-2
£1,20008/240.59 miHeaton Moor Road, Stockport, Greater Manchester, SK42
£1,00002/250.6 mi-2
£1,20004/250.61 mi-2
£1,20005/240.61 miUppermill Drive, Burnage, Manchester, M192
£1,20006/240.61 miUppermill Drive, Burnage, Manchester, M192
£1,20006/240.61 miUppermill Drive, Burnage, Manchester, M192
£1,60003/250.62 mi-2
£1,20009/240.62 miHarwood Road, Heaton Mersey2

Local Area Statistics

Population in SK4

34,510

Population in Stockport

181,140

Town centre distance

3.43 miles away

Nearest school

0.10 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £195,000

February 19, 2025

Floor Plans

Description

  • Second Floor Apartment +
  • Immaculately Presented Throughout +
  • Close To Local Amenities And Transport Links +
  • Refurbished To A High Standard +
  • Easy Walking Distance To Heaton Moor +
  • Modern Kitchen And Bathroom +
  • Close To Local Schools +
  • Single Garage +

A fantastic opportunity to acquire a stunning second floor apartment situated in an ideal location which has been totally refurbished over the years by the current owners to a high specification. Situated in a prime location with easy access to Heaton Moor village with its fashionable bars and restaurants as well as local amenities and transport links.

This immaculately presented property briefly comprises: Bright entrance hallway leading to a fabulous open plan lounge diner with large windows letting in an abundance of light throughout the apartment, separate contemporary kitchen with plenty of storage plus a modern family bathroom. The property benefits from two double bedrooms, second bedroom with fitted wardrobes. The property is set within a quite residential location with well-kept communal grounds, a mixture of planted flower beds and lawn areas plus a single garage. Viewing recommended to appreciate this stunning two-bedroom apartment.

Agent Details

Gascoigne Halman, Heaton Moor

0161 524 4814

Next Steps?

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