2 Bed Flat, Single Let, Stockport, SK5 6DD, £210,000

Waterhouse Way, Stockport, SK5 6DD - 2 views - 2 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£70K - £290K
Sold Prices/m²£1.6K/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£163,053

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£11,700

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£895 - £1,300

Rent Estimate

£895

Running Costs/mo

£855

Cashflow/mo

£40

Cashflow/yr

£477

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £70K to £290K, average is £132.5K. £1.6K/m² to £4.9K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£197K05/230.04 miFlat 307, Houldsworth Mill, Waterhouse Way, Reddish, Stockport, Greater Manchester SK5 6DD2
£130K04/210.06 mi35, Tarvin Avenue, Stockport, Greater Manchester SK4 5LG2
£108.5K01/210.3 miFlat 112, Victoria Mill, Houldsworth Street, Reddish, Stockport, Greater Manchester SK5 6AX2
£200K01/230.3 miFlat 172, Victoria Mill, Houldsworth Street, Reddish, Stockport, Greater Manchester SK5 6AX2
£90K01/210.42 mi60a, Gorton Road, Stockport, Greater Manchester SK5 6AH2
£138K03/230.68 mi37, Broomfield Drive, Stockport, Greater Manchester SK5 7DR2
£145K06/220.69 mi2, Higher Meadows, Levenshulme, Manchester, Greater Manchester M19 3BQ2
£166K09/211.01 mi18, West Meadow, Stockport, Greater Manchester SK5 6XR2
£127K12/211.01 mi19, West Meadow, Stockport, Greater Manchester SK5 6XR2
£140K09/221.01 mi23, West Meadow, Stockport, Greater Manchester SK5 6XR2
£133K07/231.06 mi137, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA2
£102K10/211.06 mi79, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA2
£120K11/211.06 mi33, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ2
£105K03/211.06 mi51, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ2
£148K09/221.06 mi57, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ2
£125K06/221.07 mi41, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ2
£205K03/211.12 miFlat 4, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£200K03/211.12 miFlat 12, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£135K05/221.2 mi90, Cromwell Avenue, Denton, Stockport, Greater Manchester SK5 6GB2
£155K09/221.21 mi66, Cromwell Avenue, Denton, Stockport, Greater Manchester SK5 6GB2
£132K11/221.23 mi7, Cromwell Avenue, Denton, Stockport, Greater Manchester SK5 6GA2
£135K04/221.23 mi67, Cromwell Avenue, Denton, Stockport, Greater Manchester SK5 6GA2
£155K03/211.29 miFlat 9, Church Manor, Stanley Road, Stockport, Greater Manchester SK4 4HL2
£75K02/231.33 mi5, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£115K03/211.38 mi1a, Avon Road, Manchester, Greater Manchester M19 1HP2
£130K08/211.39 mi40, Stitch Lane, Stockport, Greater Manchester SK4 2LS2
£142K10/211.41 mi146a, Burnage Lane, Manchester, Greater Manchester M19 1EF2
£128K08/211.42 mi9, Alston Gardens, Manchester, Greater Manchester M19 1DW2
£135K04/221.44 miFlat 36, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£123K03/231.44 miFlat 28, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£70K03/231.45 miFlat 246, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£71.5K10/201.46 miFlat 232, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£85K09/221.46 miFlat 231, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£80K03/211.46 miFlat 238, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£130K03/231.46 miFlat 4, Park Lodge, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE2
£187K09/211.47 mi9, Clifton Court, Stockport, Greater Manchester SK4 4DB2
£151K06/221.51 mi5, Danebank Mews, Denton, Manchester, Greater Manchester M34 2JN2
£290K06/211.51 mi28, Colchester Place, Stockport, Greater Manchester SK4 2NY2
£133K12/221.53 mi1, Danebank Mews, Denton, Manchester, Greater Manchester M34 2JN2
£144K10/211.57 mi36e, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£184.9K05/231.57 mi56g, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£167.5K05/211.57 mi56f, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£195K11/201.58 mi206b, Heaton Moor Road, Stockport, Greater Manchester SK4 4DU2
£130K12/221.59 mi898d, Hyde Road, Manchester, Greater Manchester M18 7LL2
£110K03/211.59 mi920a, Hyde Road, Manchester, Greater Manchester M18 7LL2
£123K07/221.59 mi896, Hyde Road, Manchester, Greater Manchester M18 7LL2
£120K10/221.59 mi892c, Hyde Road, Manchester, Greater Manchester M18 7LL2
£115K12/211.59 mi898a, Hyde Road, Manchester, Greater Manchester M18 7LL2
£177.5K01/231.65 mi49g, Crescent Park, Stockport, Greater Manchester SK4 2JD2
£103K11/201.67 mi32, Totland Close, Manchester, Greater Manchester M12 5RY2

Local Rents

33 rents from £895/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£99508/240.05 miTarvin Avenue, Heaton Chapel, Stockport, SK42
£1,00009/240.1 mi-2
£89508/240.1 mi-2
£1,00008/240.11 miCarnforth Road SK42
£99508/240.13 mi-2
£1,05012/240.14 mi-2
£1,20009/240.22 miBlackbrook Road, Heaton Chapel2
£89509/240.23 mi-2
£1,10009/240.23 miHaddon Grove, Reddish, Stockport, SK52
£1,30002/250.24 mi-2
£1,27502/250.25 mi-2
£1,17508/240.25 miLeamington Road, Reddish, Stockport, SK52
£1,17509/240.25 miLeamington Road, Reddish, Stockport, SK52
£1,05008/240.26 miElisabeth Mill, Elisabeth Gardens, Stockport2
£95009/240.26 mi-2
£99509/240.26 miElisabeth Gardens, Reddish, Stockport2
£1,00004/250.29 mi-2
£1,00004/250.3 mi-2
£97508/240.3 miVictoria Mill, Houldsworth Square, Reddish, Stockport, SK52
£1,10004/250.31 mi-2
£95009/240.32 mi-2
£1,25009/240.36 miPriory Lane, Stockport, Cheshire, SK52
£1,00004/250.38 mi-2
£1,10009/240.38 miPriory Lane, Stockport, Cheshire, SK52
£95008/240.39 mi-2
£1,05008/240.45 miBarlow Lane North, Reddish, Stockport, SK52
£95012/240.45 mi-2
£1,27509/240.49 miFinsbury Road, Reddish, Stockport, SK52
£1,00003/250.51 mi-2
£92508/240.53 mi-2
£1,10009/240.56 miBroadstone Hall Road South, South Reddish, Stockport2
£99508/240.57 miSpencer Street, Reddish, Stockport, Greater Manchester, SK52
£99509/240.57 miSpencer Street, Reddish, Stockport, Greater Manchester, SK52

Local Area Statistics

Population in SK5

29,538

Population in Stockport

181,140

Town centre distance

3.54 miles away

Nearest school

0.10 miles away

Nearest train station

0.36 miles away

 

 

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £210,000

February 24, 2025

Floor Plans

Description

  • Two Bedroom Penthouse +
  • Triplex Open Plan Layout +
  • Close to Transport Links and Amenities +
  • Parking Space Included +
  • Secure Double Fob Entry +

An immaculate Two Bedroom Triplex Apartment which effortlessly combines historic charm with modern luxury. Situated just off Broadstone Road in the heart of the vibrant Reddish area. Available with No Chain!

The property comprises; an entrance through the porch to the ground level, which boasts a generously sized double bedroom and the modern family bathroom suite. Moving up to the first floor, the heart of the apartment, you'll find a spacious open plan lounge and kitchen with high ceilings, exposed beams, new electric radiators and beautiful views. The space has been freshly decorated, with additional shelving units installed in the kitchen. The top floor provides a spacious master bedroom, filled with natural light.

Additionally, the apartment includes a parking space within the developments private car park. Secure double fob entry system into the building.

Contact us today to arrange a viewing!

Agent Details

Julian Wadden, Stockport

0161 524 7110

Next Steps?

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