3 Bed Semi-Detached House, Single Let, Bredbury, SK6 1EF, £230,000

Newlyn Drive, Bredbury, SK6 1EF - 2 views - 2 months ago

BTL
ROI: 4%
~93 m²
+15 photos

ValuationFair Value

Sold Prices£120K - £400K
Sold Prices/m²£1.4K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£226,870

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£1,050 - £1,700

Rent Estimate

£1,250

Running Costs/mo

£989

Cashflow/mo

£261

Cashflow/yr

£3,135

ROI

5%

Gross Yield

7%

Local Sold Prices

51 sold prices from £120K to £400K, average is £225K. £1.4K/m² to £4.1K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£275K02/230.03 mi37, Newlyn Drive, Bredbury, Stockport, Greater Manchester SK6 1EF3
£230K01/230.12 mi3, Woodgate Close, Bredbury, Stockport, Greater Manchester SK6 2JX3
£158K07/210.13 mi70, Sandiway, Bredbury, Stockport, Greater Manchester SK6 2JT3
£274K03/230.15 mi4, Elderfield Drive, Bredbury, Stockport, Greater Manchester SK6 2QA3
£239K01/230.17 mi32, Goyt Crescent, Bredbury, Stockport, Greater Manchester SK6 2LN3
£302.5K09/210.19 mi2, Hayfield Road, Bredbury, Stockport, Greater Manchester SK6 1DE3
£157.5K03/210.2 mi30, Goyt Valley Road, Bredbury, Stockport, Greater Manchester SK6 2LG3
£195K08/210.2 mi46, Goyt Valley Road, Bredbury, Stockport, Greater Manchester SK6 2LG3
£160K04/210.21 mi14, Goyt Crescent, Bredbury, Stockport, Greater Manchester SK6 2LN3
£275K01/230.22 mi6, Lombard Close, Bredbury, Stockport, Greater Manchester SK6 2PY3
£214.5K08/210.22 mi15, Brookfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1BZ3
£257.5K06/230.24 mi12, Woodfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1DB3
£257.5K07/230.24 mi60, Ruskin Grove, Bredbury, Stockport, Greater Manchester SK6 1DW3
£257.5K07/230.24 mi60, Ruskin Grove, Bredbury, Stockport, Greater Manchester SK6 1DW3
£360K09/210.25 mi109, George Lane, Bredbury, Stockport, Greater Manchester SK6 1DH3
£269.5K12/210.25 mi44, Kennett Drive, Bredbury, Stockport, Greater Manchester SK6 2GA3
£244K08/230.26 mi52, George Lane, Bredbury, Stockport, Greater Manchester SK6 1AT3
£220K04/210.26 mi13, Fairfield Avenue, Bredbury, Stockport, Greater Manchester SK6 1BY3
£130K01/210.27 mi13, Shakespeare Road, Bredbury, Stockport, Greater Manchester SK6 2LH3
£200K03/210.27 mi51, Redhouse Lane, Bredbury, Stockport, Greater Manchester SK6 1BX3
£161K11/200.28 mi23, Goyt Valley Road, Bredbury, Stockport, Greater Manchester SK6 2LQ3
£209K08/210.28 mi8, Goyt Valley Road, Bredbury, Stockport, Greater Manchester SK6 2LQ3
£325K11/210.31 mi61, Stockport Road East, Bredbury, Stockport, Greater Manchester SK6 2AA3
£120K08/210.33 mi41, Highfield Avenue, Romiley, Stockport, Greater Manchester SK6 3DA3
£310K06/230.35 mi104, Highfield Avenue, Romiley, Stockport, Greater Manchester SK6 3BY3
£175K12/200.37 mi49, Newstead Grove, Bredbury, Stockport, Greater Manchester SK6 2NW3
£192.5K11/200.37 mi14, Weybourne Drive, Bredbury, Stockport, Greater Manchester SK6 2DN3
£248.5K08/230.37 mi27, Weybourne Drive, Bredbury, Stockport, Greater Manchester SK6 2DN3
£151K04/230.38 mi71, Parry Mead, Bredbury, Stockport, Greater Manchester SK6 1EU3
£182.8K02/210.39 mi14, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2NZ3
£210K02/230.41 mi42, Shakespeare Road, Bredbury, Stockport, Greater Manchester SK6 2HN3
£144K11/200.42 mi14, Marlowe Walks, Bredbury, Stockport, Greater Manchester SK6 2HP3
£180.5K08/210.45 mi114, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2HA3
£133K01/210.45 mi137, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2AN3
£380K02/210.45 mi106a, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PA3
£152.5K07/210.45 mi95, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PA3
£275K01/230.46 mi6, Dorfield Close, Bredbury, Stockport, Greater Manchester SK6 2HD3
£230K01/230.48 mi108, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2PH3
£232K07/210.5 mi26, Ennerdale Road, Woodley, Stockport, Greater Manchester SK6 1BJ3
£225K12/200.51 mi8, Bancroft Close, Bredbury, Stockport, Greater Manchester SK6 2HB3
£220K01/210.52 mi27, Alderley Drive, Bredbury, Stockport, Greater Manchester SK6 2PN3
£225K06/230.53 mi13, Bridge Avenue, Woodley, Stockport, Greater Manchester SK6 1QN3
£280K12/200.55 mi78, Bredbury Green, Romiley, Stockport, Greater Manchester SK6 3DF3
£280K03/230.56 mi17, Catherine Road, Romiley, Stockport, Greater Manchester SK6 3DQ3
£192K07/210.57 mi32, Birchall Green, Woodley, Stockport, Greater Manchester SK6 1RZ3
£245K07/210.57 mi18, Tarvin Drive, Bredbury, Stockport, Greater Manchester SK6 2PW3
£400K06/210.58 mi10, Bredbury Green, Romiley, Stockport, Greater Manchester SK6 3DN3
£335K01/230.58 mi44, Bredbury Green, Romiley, Stockport, Greater Manchester SK6 3DN3
£245K03/210.6 mi21, Smithy Green, Woodley, Stockport, Greater Manchester SK6 1NG3
£208K03/210.6 mi4, Smithy Green, Woodley, Stockport, Greater Manchester SK6 1NG3
£200K06/210.6 mi3, Hollyhouse Drive, Woodley, Stockport, Greater Manchester SK6 1QR3

Local Rents

18 rents from £1.1K/mo to £1.7K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15011/240.06 mi-3
£1,05012/240.11 miHigher Bents Lane SK63
£1,30008/240.24 miGeorge Lane, Bredbury, Stockport3
£1,29003/250.28 mi-3
£1,20008/240.31 mi-3
£1,30004/250.33 mi-3
£1,40004/250.38 mi-3
£1,70012/240.43 mi-3
£1,34508/240.44 miThe Broadway, Bredbury SK63
£1,34508/240.46 miThe Broadway, Bredbury, Stockport, Cheshire, SK63
£1,39508/240.46 mi-3
£1,10012/240.52 miKingsway, Bredbury, Stockport, Greater Manchester, SK63
£1,50012/240.54 mi-3
£1,50001/250.54 mi-3
£1,50011/240.54 mi-3
£1,50001/250.54 mi-3
£1,20002/240.54 mi-3
£1,20012/240.57 mi-3

Local Area Statistics

Population in SK6

50,689

Town centre distance

0.61 miles away

Nearest school

0.30 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Price changed to £230,000

March 20, 2025

Listed for £240,000

February 22, 2025

Floor Plans

Description

  • EXTENDED Family FREEHOLD Home +
  • Located on a Sought After, 'Quiet' CUL-DE-SAC +
  • Driveway and a Generously Sized Rear Garden +
  • Outbuilding with Electricity +
  • NO CHAIN and Sold with VACANT Possession +
  • Close to Schools, Shops & Train Station +

Are you looking for an EXTENDED family home with a DRIVEWAY and a GENEROUSLY SIZED REAR GARDEN that is situated on a sought after, 'QUIET' and 'family friendly' CUL-DE-SAC?

If so, then look no further... this larger than the average three-bedroom FREEHOLD home will be sold with NO ONWARD CHAIN and boasts GREAT SIZED ROOMS throughout with the single storey EXTENSION at the rear - making it perfect for a wide range of buyers including FIRST TIME BUYERS, families and young professionals. The home comprises three bedrooms, THREE RECEPTION ROOMS, an EXTENDED KITCHEN, a lean to and a family bathroom.

Externally boasting a DRIVEWAY for MULITPLE CARS, a front garden and a GENEROUSLY SIZED REAR GARDEN that is PRIVATE and NOT DIRECTLY OVERLOOKED and features an OUTBUILDING with electricity which creates a brilliant and useful VERSATILE SPACE - ideal for additional STORAGE, a workshop or a separate OFFICE.

The property is in READY TO MOVE INTO condition but there is still lots of POTENTIAL to put your own stamp onto.

Located on a popular area in Bredbury, close to Romiley, with a range of local amenities on your doorstep including FANTASTIC TRANSPORT LINKS, independent shops, supermarkets, reputable schools and within walking distance to the open aspects of Vernon Park, the Peak Forest Canal, and Werneth Low.

As well as the property being perfect for a growing family home, it could also be a brilliant BUY-TO-LET Investment opportunity, with a potential monthly rental income of around £1250 a month, due to the convenient location. Please get in touch with the Edward Mellor Woodley Branch to arrange a viewing as soon as possible. It is one to see in person, to imagine yourself living here and to make it your own home.

Agent Details

Edward Mellor Ltd, Woodley

0161 524 7283

Next Steps?

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