3 Bed Semi-Detached House, Refurb/BRRR, Bredbury, SK6 1QL, £140,000

88 Mill Lane, Woodley, Stockport, SK6 1QL - 3 views - a month ago

Sold STC
Auction
Refurb/BRRR
ROI: 6%
~93 m²
+8 photos

ValuationFair Value

Sold Prices£100K - £440K
Sold Prices/m²£1.4K/m² - £4.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£142,800

 

 

End Value (After Refurb)

£221,732

Uplift in Value

+58%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Refurb Costs

£39,324

Bridging Loan Interest

£3,675

Total Cash In

£85,149

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£221,732

Agent Fees (1%)

£2,217

Bridging Loan

£105,000

Bridging Loan Interest

£3,675

Flip Profit

£29,365

Local Sold Prices

50 sold prices from £100K to £440K, average is £228.5K. £1.4K/m² to £4.3K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£158K03/210.04 mi9, Meadow Close, Woodley, Stockport, Greater Manchester SK6 1QZ3
£158K03/210.04 mi9, Meadow Close, Woodley, Stockport, Greater Manchester SK6 1QZ3
£192K07/210.07 mi32, Birchall Green, Woodley, Stockport, Greater Manchester SK6 1RZ3
£240K11/210.08 mi17, Lowick Green, Woodley, Stockport, Greater Manchester SK6 1RY3
£270K12/220.08 mi17, Lowick Green, Woodley, Stockport, Greater Manchester SK6 1RY3
£205K01/210.08 mi25, Lowick Green, Woodley, Stockport, Greater Manchester SK6 1RY3
£195K03/210.12 mi6, Woodlands Avenue, Woodley, Stockport, Greater Manchester SK6 1QU3
£200K09/210.13 mi20, Braddon Road, Woodley, Stockport, Greater Manchester SK6 1RE3
£225K06/230.15 mi13, Bridge Avenue, Woodley, Stockport, Greater Manchester SK6 1QN3
£200K06/210.19 mi3, Hollyhouse Drive, Woodley, Stockport, Greater Manchester SK6 1QR3
£207K03/230.22 mi10, Vaudrey Road, Woodley, Stockport, Greater Manchester SK6 1QT3
£187K04/210.27 mi26, Woodstock Crescent, Woodley, Stockport, Greater Manchester SK6 1QS3
£248.5K08/230.3 mi27, Weybourne Drive, Bredbury, Stockport, Greater Manchester SK6 2DN3
£192.5K11/200.3 mi14, Weybourne Drive, Bredbury, Stockport, Greater Manchester SK6 2DN3
£320K03/230.35 mi26, Legh Drive, Woodley, Stockport, Greater Manchester SK6 1PT3
£200K03/210.37 mi51, Redhouse Lane, Bredbury, Stockport, Greater Manchester SK6 1BX3
£220K04/210.38 mi13, Fairfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1BY3
£325K11/210.38 mi61, Stockport Road East, Bredbury, Stockport, Greater Manchester SK6 2AA3
£440K12/220.39 mi1a, Manor Road, Woodley, Stockport, Greater Manchester SK6 1RT3
£208K03/210.4 mi4, Smithy Green, Woodley, Stockport, Greater Manchester SK6 1NG3
£245K03/210.4 mi21, Smithy Green, Woodley, Stockport, Greater Manchester SK6 1NG3
£188K03/210.41 mi127, Hyde Road, Woodley, Stockport, Greater Manchester SK6 1NP3
£245K07/210.41 mi25, Gravel Bank Road, Woodley, Stockport, Greater Manchester SK6 1PS3
£269.5K12/210.42 mi44, Kennett Drive, Bredbury, Stockport, Greater Manchester SK6 2GA3
£257.5K06/230.42 mi12, Woodfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1DB3
£214.5K08/210.42 mi15, Brookfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1BZ3
£151K04/230.45 mi71, Parry Mead, Bredbury, Stockport, Greater Manchester SK6 1EU3
£244K08/230.46 mi52, George Lane, Bredbury, Stockport, Greater Manchester SK6 1AT3
£163.5K03/210.48 mi19, Ardenfield, Denton, Manchester, Greater Manchester M34 7LW3
£205K05/210.52 mi5, Laureate Way, Denton, Manchester, Greater Manchester M34 7NH3
£232K07/210.52 mi26, Ennerdale Road, Woodley, Stockport, Greater Manchester SK6 1BJ3
£220K12/220.53 mi6, Laureate Way, Denton, Manchester, Greater Manchester M34 7NH3
£302.5K09/210.54 mi2, Hayfield Road, Bredbury, Stockport, Greater Manchester SK6 1DE3
£277.5K10/210.55 mi61, Davenport Drive, Woodley, Stockport, Greater Manchester SK6 1PX3
£274K03/230.56 mi4, Elderfield Drive, Bredbury, Stockport, Greater Manchester SK6 2QA3
£275K01/230.56 mi6, Lombard Close, Bredbury, Stockport, Greater Manchester SK6 2PY3
£243K12/210.6 mi12, Savernake Road, Woodley, Stockport, Greater Manchester SK6 1LG3
£360K09/210.6 mi109, George Lane, Bredbury, Stockport, Greater Manchester SK6 1DH3
£133K01/210.6 mi137, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2AN3
£372K06/210.62 mi22, Coppice Close, Woodley, Stockport, Greater Manchester SK6 1JH3
£275K02/230.63 mi37, Newlyn Drive, Bredbury, Stockport, Greater Manchester SK6 1EF3
£278K08/210.63 mi6, Worths Lane, Denton, Manchester, Greater Manchester M34 7GB3
£283K12/220.65 mi7, Castle Hill, Bredbury, Stockport, Greater Manchester SK6 2RY3
£185.5K12/200.65 mi18, Rivermead Road, Denton, Manchester, Greater Manchester M34 7PG3
£350K07/230.65 mi72, Rivermead Road, Denton, Manchester, Greater Manchester M34 7PG3
£220K10/220.66 mi8, Holmes Way, Denton, Manchester, Greater Manchester M34 7DA3
£100K09/230.66 mi94, Wordsworth Road, Denton, Manchester, Greater Manchester M34 7LX3
£265K06/210.67 mi29, Ashton Street, Woodley, Stockport, Greater Manchester SK6 1PB3
£132K02/210.68 mi44, Byron Road, Denton, Manchester, Greater Manchester M34 7NA3
£270K02/210.69 mi5, Westfield Drive, Woodley, Stockport, Greater Manchester SK6 1LD3

Local Rents

46 rents from £950/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,45012/240 miMill Lane SK63
£1,20012/240.09 mi-3
£1,20008/240.39 mi-3
£1,39505/240.52 mi-3
£1,20012/240.53 mi-3
£1,10008/240.57 miNeedwood Road, Woodley, Stockport, SK63
£1,29003/250.59 mi-3
£1,30008/240.61 miGeorge Lane, Bredbury, Stockport3
£1,05012/240.62 miHigher Bents Lane SK63
£1,29012/240.66 mi-3
£1,15011/240.7 mi-3
£1,25003/250.74 mi-3
£1,34508/240.78 miThe Broadway, Bredbury SK63
£1,34508/240.78 miThe Broadway, Bredbury, Stockport, Cheshire, SK63
£1,39508/240.78 mi-3
£1,07505/240.85 miGreendale Grove, Denton, Manchester, Greater Manchester, M343
£1,95005/240.87 miReid Close, Denton, Manchester, M343
£1,20005/240.9 miGibraltar Lane, Denton, Manchester3
£1,10012/240.92 miKingsway, Bredbury, Stockport, Greater Manchester, SK63
£1,60009/240.96 miEastbourne Crescent, Stockport, Cheshire, SK53
£1,50009/240.97 miEastbourne Crescent SK53
£1,20008/241 miSunfield, Romiley, Stockport3
£1,55012/241 mi-3
£1,70012/241 mi-3
£1,10008/241 miYew Tree Drive, Bredbury, Stockport, Cheshire, SK63
£1,25012/241.01 miSunfield, Romiley, Stockport3
£1,40004/251.01 mi-3
£1,35008/241.03 mi-3
£1,35012/241.06 mi-3
£1,35012/241.06 mi-3
£1,50012/241.08 mi-3
£1,50001/251.08 mi-3
£1,50011/241.08 mi-3
£1,50001/251.08 mi-3
£1,20002/241.08 mi-3
£1,10008/241.14 miLapwing Lane, Brinnington, SK53
£1,35008/241.16 miSandringham Road, Bredbury, Stockport, Cheshire, SK63
£1,20012/241.16 mi-3
£1,50008/241.17 miGuywood Lane, Romiley, Stockport, SK63
£95005/241.19 mi-3
£1,15005/241.19 mi-3
£1,15008/241.19 miGreen Lane, Stockport, Greater Manchester, SK63
£1,20011/231.19 mi-3
£1,10006/241.2 mi-3
£1,10005/241.2 miTwo Trees Lane, Denton, M343
£1,10008/241.22 miMayorlowe Avenue, Brinnington, Stockport, SK53

Local Area Statistics

Population in SK6

50,689

Town centre distance

0.52 miles away

Nearest school

0.30 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £140,000

February 20, 2025

Floor Plans

Description

  • TO BE SOLD BY ONLINE AUCTION +
  • Desirable Location +
  • Close To Local Amenities +
  • Spacious Three-Bedroom Layout +
  • Vacant Possession +
  • Freehold +

TO BE SOLD BY ONLINE AUCTION ON 5TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS 88 Mill Lane, Woodley, Stockport, SK6 1QL VIRTUAL VIEWING AVAILABLE A fantastic opportunity to acquire a three-bedroom semi-detached property in the desirable area of Woodley. In need of modernisation, this property is ideal for those looking to add their personal touch or developers seeking their next project.

Property rental values in the area are in the region of £1,400 per month.  

The spacious layout includes three bedrooms, while generous front and rear gardens offer potential for landscaping or extension (subject to permissions). With refurbishment, the property has significant scope to add value.

Here are some similar properties taken from Land Registry which have sold close by: 16 Hoxton Close, Stockport, SK6 1EN Sold - 11/10/2024 £330,000  Semi-Detached  3 beds 0.42 mi 37 Manor Road, Stockport, SK6 1RT Sold - 24/05/2024 £325,000 Semi-Detached 3 beds 0.38 mi 3 Grizedale Road, Stockport, SK6 1BQ Sold - 15/10/2024 £303,000 Semi-Detached 3 beds 0.46 mi

Woodley offers excellent transport links via Woodley Train Station and the M60. Local amenities, schools, and shops are within easy reach, with nearby parks providing great outdoor space. EPC on order.   Sold as seen.

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

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