3 Bed Semi-Detached House, Refurb/BRRR, Stockport, SK4 2PU, £250,000

Ashburn Road, Heaton Norris, SK4 2PU - 8 views - 2 months ago

Sold STC

Cash

Refurb/BRRR

~93 m²

+9 photos

ValuationFair Value

Sold Prices	£135K - £550K
Sold Prices/m²	£1.6K/m² - £5.1K/m²

Square Metres	~93 m²
Price/m²	£2.7K/m²
Value Estimate	£252,500£252,500

End Value (After Refurb)	£335,506£335,506
Uplift in Value	+34%+34%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£8,700£8,700
Refurb Costs	£39,290£39,290
Bridging Loan Interest	£6,563£6,563
Total Cash In	£118,802£118,802

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£335,506£335,506
Agent Fees (1%)	£3,355£3,355
Bridging Loan	£187,500£187,500
Bridging Loan Interest	£6,563£6,563
Flip Profit	£25,849£25,849

Local Sold Prices

50 sold prices from £135K to £550K, average is £364.5K. £1.6K/m² to £5.1K/m², average is £3.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£287.5K	09/21	0.05 mi	61, Ashburn Road, Stockport, Greater Manchester SK4 2PU	-	-	3	Semi-Detached House
£520K	12/20	0.05 mi	35, Ashburn Road, Stockport, Greater Manchester SK4 2PU	-	-	3	Semi-Detached House
£348K	06/23	0.05 mi	58, Ashburn Road, Stockport, Greater Manchester SK4 2PU	£4,579	76	3	Semi-Detached House
£385K	08/21	0.06 mi	3, Fairholme Road, Stockport, Greater Manchester SK4 2QB	£3,438	112	3	Semi-Detached House
£315K	03/23	0.06 mi	24, Gail Avenue, Stockport, Greater Manchester SK4 2PY	£3,841	82	3	Semi-Detached House
£135K	04/23	0.06 mi	8, Gail Avenue, Stockport, Greater Manchester SK4 2PY	£1,646	82	3	Semi-Detached House
£381.5K	12/22	0.06 mi	1, Gail Avenue, Stockport, Greater Manchester SK4 2PY	£3,637	105	3	Semi-Detached House
£402K	03/23	0.08 mi	9, Bower Avenue, Stockport, Greater Manchester SK4 2LX	£4,621	87	3	Semi-Detached House
£400K	04/21	0.09 mi	58, Bowerfold Lane, Stockport, Greater Manchester SK4 2LU	£3,571	112	3	Semi-Detached House
£402K	12/20	0.12 mi	17, Ashburn Road, Stockport, Greater Manchester SK4 2PU	£3,496	115	3	Semi-Detached House
£430K	04/21	0.14 mi	8, Pendennis Road, Stockport, Greater Manchester SK4 2QA	-	-	3	Semi-Detached House
£415K	06/21	0.15 mi	24, Ashburn Road, Stockport, Greater Manchester SK4 2PS	£4,235	98	3	Semi-Detached House
£505.5K	03/21	0.18 mi	8, Alexandra Road, Stockport, Greater Manchester SK4 2QE	-	-	3	Detached House
£400K	04/21	0.18 mi	4, Alexandra Road, Stockport, Greater Manchester SK4 2QE	-	-	3	Terraced House
£475.6K	12/20	0.18 mi	3, Alexandra Road, Stockport, Greater Manchester SK4 2QE	£4,135	115	3	Semi-Detached House
£375K	12/22	0.2 mi	45, Nursery Road, Stockport, Greater Manchester SK4 2ND	£4,032	93	3	Semi-Detached House
£368K	04/21	0.2 mi	67, Nursery Road, Stockport, Greater Manchester SK4 2ND	£4,488	82	3	Semi-Detached House
£450K	06/21	0.2 mi	51, Nursery Road, Stockport, Greater Manchester SK4 2ND	£5,056	89	3	Semi-Detached House
£310K	06/23	0.22 mi	1, Cotswold Road, Stockport, Greater Manchester SK4 1JS	£2,069	150	3	Terraced House
£447.4K	04/21	0.23 mi	48, Heaton Road, Stockport, Greater Manchester SK4 4JJ	£4,335	103	3	Terraced House
£550K	04/21	0.24 mi	7, Sutton Road, Stockport, Greater Manchester SK4 2PR	£3,354	164	3	Semi-Detached House
£375K	02/21	0.27 mi	214, Green Lane, Stockport, Greater Manchester SK4 2NF	£4,261	88	3	Semi-Detached House
£302K	12/20	0.28 mi	83, Warwick Road, Stockport, Greater Manchester SK4 2NL	£2,961	102	3	Semi-Detached House
£310K	03/23	0.29 mi	44, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR	-	-	3	Terraced House
£315K	06/21	0.29 mi	45, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR	£3,500	90	3	Terraced House
£166K	11/20	0.3 mi	37, Lloyd Street, Stockport, Greater Manchester SK4 1NE	£1,677	99	3	Terraced House
£239K	06/23	0.3 mi	39, Lloyd Street, Stockport, Greater Manchester SK4 1NE	£2,685	89	3	Terraced House
£280K	03/21	0.31 mi	11, The Square, Stockport, Greater Manchester SK4 2NW	£3,017	93	3	Terraced House
£344.6K	12/22	0.34 mi	66, Bankfield Avenue, Stockport, Greater Manchester SK4 2JH	£3,709	93	3	Semi-Detached House
£333K	03/23	0.34 mi	2, Bankfield Avenue, Stockport, Greater Manchester SK4 2JH	£3,142	106	3	Terraced House
£267K	02/21	0.34 mi	15, Church Road, Stockport, Greater Manchester SK4 1LJ	£2,363	113	3	Terraced House
£230K	03/23	0.34 mi	42, Church Road, Stockport, Greater Manchester SK4 1LJ	-	-	3	Terraced House
£289K	03/21	0.34 mi	17, Bankfield Avenue, Stockport, Greater Manchester SK4 2JH	£3,400	85	3	Semi-Detached House
£362K	06/21	0.37 mi	52, Winchester Drive, Stockport, Greater Manchester SK4 2NU	£3,042	119	3	Detached House
£326K	03/21	0.37 mi	29, Winchester Drive, Stockport, Greater Manchester SK4 2NU	£4,234	77	3	Terraced House
£379.5K	12/20	0.37 mi	35, Winchester Drive, Stockport, Greater Manchester SK4 2NU	£2,919	130	3	Terraced House
£337K	04/21	0.37 mi	42, Winchester Drive, Stockport, Greater Manchester SK4 2NU	£3,830	88	3	Terraced House
£315K	11/20	0.37 mi	50, Winchester Drive, Stockport, Greater Manchester SK4 2NU	£2,172	145	3	Detached House
£269K	04/21	0.37 mi	33, Norris Avenue, Stockport, Greater Manchester SK4 2JQ	£2,956	91	3	Semi-Detached House
£357K	06/21	0.4 mi	43, Mentone Road, Stockport, Greater Manchester SK4 4HF	-	-	3	Semi-Detached House
£367K	07/23	0.41 mi	4, June Avenue, Stockport, Greater Manchester SK4 2HN	£4,078	90	3	Semi-Detached House
£500K	09/22	0.42 mi	12, Warwick Road, Stockport, Greater Manchester SK4 4NQ	£4,854	103	3	Detached House
£415K	05/23	0.42 mi	7, March Avenue, Stockport, Greater Manchester SK4 2LB	£4,323	96	3	Terraced House
£324.9K	09/21	0.43 mi	54, Didsbury Road, Stockport, Greater Manchester SK4 2JL	-	-	3	Terraced House
£351K	02/23	0.43 mi	64, Didsbury Road, Stockport, Greater Manchester SK4 2JL	-	-	3	Semi-Detached House
£465K	12/22	0.44 mi	27, Whitley Road, Stockport, Greater Manchester SK4 4HQ	£4,650	100	3	Semi-Detached House
£404K	12/20	0.44 mi	11, Whitley Road, Stockport, Greater Manchester SK4 4HQ	£4,298	94	3	Semi-Detached House
£253.5K	12/20	0.44 mi	23, Park Drive, Stockport, Greater Manchester SK4 2HJ	£4,089	62	3	Semi-Detached House
£440.5K	12/20	0.45 mi	3, Mentone Road, Stockport, Greater Manchester SK4 4HF	£4,918	90	3	Semi-Detached House
£399.9K	02/21	0.46 mi	4, Marlcroft Avenue, Stockport, Greater Manchester SK4 3LZ	£3,669	109	3	Detached House

Local Rents

36 rents from £950/mo to £2.2K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	08/24	0.15 mi	Nursery Road, Heaton Norris, Stockport	3	Detached House
£1,300	08/24	0.28 mi	-	3	Terraced House
£1,400	09/24	0.44 mi	Lower moat close SK4	3	Detached House
£1,500	08/24	0.53 mi	Green Bank Terrace, Stockport, Greater Manchester, SK4	3	Flat
£1,350	09/24	0.64 mi	Heaton Moor Road, Heaton Moor, Stockport, SK4	3	Flat
£1,295	10/24	0.65 mi	-	3	Flat
£1,150	09/24	0.66 mi	Heaton Moor Road, Heaton Moor, Stockport, SK4	3	Flat
£1,645	08/24	0.67 mi	Didsbury Road, Heaton Mersey, Stockport, SK4	3	Detached House
£1,250	02/24	0.68 mi	-	3	Flat
£1,980	08/24	0.68 mi	-	3	Terraced House
£1,100	08/24	0.69 mi	-	3	Terraced House
£1,100	08/24	0.69 mi	Pearson Street, Stockport, SK5	3	Terraced House
£1,400	08/24	0.74 mi	Shaw House, Shaw Road, Heaton Moor	3	Flat
£1,500	09/24	0.75 mi	Whirley Close, Heaton Chapel, Stockport	3	Semi-Detached House
£1,350	04/25	0.8 mi	-	3	Terraced House
£2,000	08/24	0.81 mi	Egerton Road North, Heaton Moor, Stockport	3	Detached House
£1,500	08/24	0.84 mi	-	3	Detached House
£1,150	08/24	0.85 mi	Melton Street, Stockport, Greater Manchester, SK5	3	Terraced House
£1,250	04/25	0.87 mi	-	3	Semi-Detached House
£2,200	04/25	0.89 mi	-	3	Terraced House
£1,250	08/24	0.89 mi	Meadow Mill, Water Street, Stockport	3	Flat
£1,250	08/24	0.91 mi	Chatham Street, Edgeley, Stockport, SK3	3	Terraced House
£1,300	08/24	0.91 mi	Avondale Road, Stockport, SK3	3	Detached House
£1,300	08/24	0.91 mi	-	3	Semi-Detached House
£1,300	08/24	0.92 mi	Stopford Street, Edgeley	3	Terraced House
£1,695	08/24	0.93 mi	Leeside, Heaton Mersey, Stockport	3	Detached House
£1,000	12/24	0.98 mi	1 York Street, Stockport	3	Flat
£1,375	09/24	1.01 mi	4Weston Grove, Stockport, Greater Manchester, SK4	3	Semi-Detached House
£1,400	08/24	1.04 mi	-	3	Semi-Detached House
£1,400	08/24	1.04 mi	Harrow Drive, Stockport, SK4	3	Detached House
£1,350	03/25	1.06 mi	-	3	Terraced House
£1,100	08/24	1.08 mi	Jennings Street, Stockport, SK3 9BX	3	Terraced House
£1,300	08/24	1.2 mi	Range Road, Stockport, Greater Manchester, SK3	3	Detached House
£1,450	12/24	1.21 mi	Sykes Meadow, Stockport, Cheshire, SK3	3	Detached House
£950	08/24	1.22 mi	Brinnington Road,Stockport,SK1	3	Flat
£1,350	12/24	1.23 mi	-	3	Semi-Detached House

Local Area Statistics

Population in SK4	34,51034,510
Population in Stockport	181,140181,140
Town centre distance	2.60 miles away2.60 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.75 miles away0.75 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-9%-9%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+31%+31%

Property History

Listed for £250,000

February 19, 2025

Floor Plans

Description

Cash Buyers Only +
In Need Of Modernisation +
Close to Local Schools And Amenities +
Off Road Parking +
Desirable Road +
Walking Distance To Heaton Moor +
Close To Transport Links +

CASH BUYERS ONLY This three-bedroom family home is located on a desirable road in Heaton Norris, close to local Schools, amenities and just a short walk to Heaton Moor Village with its fashionable bars and restaurants. The property is perfect for someone looking for a project and offers a lot of potential for those seeking to 'make their mark'.

This family home is need of modernisation with plenty of potential, the property briefly comprises: Entrance Hallway, lounge with bay window, dining room overlooking the rear garden plus a kitchen with side access to the dive way. To the first floor, there are two double bedrooms, a single bedroom plus a shower room. Externally and to the front of the property there is a walled garden and driveway which provides off road parking for a few vehicles and to the rear of the property is a good size private enclosed garden. Viewing recommended to appreciate the potential of this family home.