3 Bed Semi-Detached House, Refurb/BRRR, Bredbury, SK6 4HJ, £160,000

Watermeetings Lane, Romiley, Stockport, Greater Manchester, SK6 4HJ - 2 views - a month ago

Sold STC
Auction
Refurb/BRRR
ROI: 2%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£140K - £700K
Sold Prices/m²£1.8K/m² - £8.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£161,600

 

 

End Value (After Refurb)

£307,775

Uplift in Value

+92%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Refurb Costs

£39,324

Bridging Loan Interest

£4,200

Total Cash In

£91,274

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£307,775

Agent Fees (1%)

£3,078

Bridging Loan

£120,000

Bridging Loan Interest

£4,200

Flip Profit

£93,423

Local Sold Prices

51 sold prices from £140K to £700K, average is £325K. £1.8K/m² to £8.3K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£265K09/210.04 mi13, Waterford Avenue, Romiley, Stockport, Greater Manchester SK6 4HL3
£230K08/210.05 mi3, Woodmount Close, Romiley, Stockport, Greater Manchester SK6 4HN3
£155K04/210.14 mi43, Springwood Crescent, Romiley, Stockport, Greater Manchester SK6 4JR3
£193K01/210.14 mi10, Gotherage Lane, Romiley, Stockport, Greater Manchester SK6 4HE3
£190K01/210.18 mi23, Cherry Tree Close, Romiley, Stockport, Greater Manchester SK6 4HD3
£169K02/210.18 mi25, Cherry Tree Close, Romiley, Stockport, Greater Manchester SK6 4HD3
£240K03/230.18 mi32, Cherry Tree Close, Romiley, Stockport, Greater Manchester SK6 4HD3
£225K11/210.21 mi15, Kinder Grove, Romiley, Stockport, Greater Manchester SK6 4EU3
£272K01/210.24 mi176, Compstall Road, Romiley, Stockport, Greater Manchester SK6 4JD3
£400K03/210.25 mi199, Compstall Road, Romiley, Stockport, Greater Manchester SK6 4JB3
£280K01/210.34 mi1, Cornfield Road, Romiley, Stockport, Greater Manchester SK6 4LU3
£355K04/210.36 mi109, Compstall Road, Romiley, Stockport, Greater Manchester SK6 4HX3
£355K08/210.37 mi16, Longwood Close, Romiley, Stockport, Greater Manchester SK6 4LR3
£325K02/210.39 mi34, Roundcroft, Romiley, Stockport, Greater Manchester SK6 4LS3
£535K04/230.44 mi118, Compstall Road, Romiley, Stockport, Greater Manchester SK6 4EH3
£460K11/200.52 mi14, Birchvale Drive, Romiley, Stockport, Greater Manchester SK6 4LE3
£304.5K06/230.53 mi2, Hazel Avenue, Romiley, Stockport, Greater Manchester SK6 4DQ3
£220K08/210.54 mi42, Birch Avenue, Romiley, Stockport, Greater Manchester SK6 4DG3
£327.5K04/210.54 mi5, Birch Avenue, Romiley, Stockport, Greater Manchester SK6 4DG3
£360K02/230.54 mi23, Carlton Avenue, Romiley, Stockport, Greater Manchester SK6 4EG3
£277K05/210.54 mi8, Carlton Avenue, Romiley, Stockport, Greater Manchester SK6 4EG3
£288K10/210.54 mi20, Carlton Avenue, Romiley, Stockport, Greater Manchester SK6 4EG3
£455K03/210.56 mi1, Barlow Fold, Romiley, Stockport, Greater Manchester SK6 4LQ3
£280K03/230.57 mi42, Lyme Grove, Romiley, Stockport, Greater Manchester SK6 4DH3
£226.8K12/200.57 mi42, Lyme Grove, Romiley, Stockport, Greater Manchester SK6 4DH3
£427.5K02/230.6 mi4, Wheelwright Close, Marple, Stockport, Greater Manchester SK6 6QD3
£328.5K12/200.61 mi4, Wheelwright Close, Marple, Stockport, Greater Manchester SK6 6QD3
£330K03/230.62 mi4, Redbrow Hollow, Compstall, Stockport, Greater Manchester SK6 5GF3
£351K12/220.63 mi2, Brabyns Avenue, Romiley, Stockport, Greater Manchester SK6 4NG3
£415K04/230.64 mi20, Broad Hey, Romiley, Stockport, Greater Manchester SK6 4NL3
£537.5K02/230.64 mi9, Brabyns Avenue, Romiley, Stockport, Greater Manchester SK6 4NG3
£315K01/210.69 mi28, Marsden Road, Romiley, Stockport, Greater Manchester SK6 4PJ3
£260K12/220.7 mi32, Compstall Road, Marple Bridge, Stockport, Greater Manchester SK6 5HG3
£495K02/210.71 mi70, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH3
£363.2K09/210.73 mi7, Belmont Drive, Marple Bridge, Stockport, Greater Manchester SK6 5EA3
£630K02/230.74 mi76, Sandy Lane, Romiley, Stockport, Greater Manchester SK6 4NH3
£245K06/210.74 mi140, Compstall Road, Marple Bridge, Stockport, Greater Manchester SK6 5HD3
£305K11/210.74 mi30, Marsden Road, Romiley, Stockport, Greater Manchester SK6 4PJ3
£445K05/230.75 mi13, Ernocroft Road, Marple Bridge, Stockport, Greater Manchester SK6 5DY3
£520K08/230.76 mi12, Manor Road, Marple, Stockport, Greater Manchester SK6 6PW3
£520K08/230.76 mi12, Manor Road, Marple, Stockport, Greater Manchester SK6 6PW3
£700K03/210.77 miThe Outlook, Cowlishaw Brow, Romiley, Stockport, Greater Manchester SK6 4NU3
£295K04/230.79 mi151, Compstall Road, Marple Bridge, Stockport, Greater Manchester SK6 5HA3
£300K01/210.79 mi10, Mayfield Road, Marple Bridge, Stockport, Greater Manchester SK6 5EE3
£405K06/210.79 mi9, Mayfield Road, Marple Bridge, Stockport, Greater Manchester SK6 5EE3
£365K04/210.8 mi19, Greenbank Road, Marple Bridge, Stockport, Greater Manchester SK6 5ED3
£330K02/210.81 mi18, Guywood Lane, Romiley, Stockport, Greater Manchester SK6 4AN3
£140K02/230.81 mi49, Guywood Lane, Romiley, Stockport, Greater Manchester SK6 4AN3
£285K01/210.84 mi16, Catterwood Drive, Compstall, Stockport, Greater Manchester SK6 5JT3
£295K01/230.84 mi15, Catterwood Drive, Compstall, Stockport, Greater Manchester SK6 5JT3
£420K06/230.85 mi38, Church Lane, Romiley, Stockport, Greater Manchester SK6 4AA3

Local Rents

12 rents from £1.1K/mo to £1.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50008/240.81 miGuywood Lane, Romiley, Stockport, SK63
£1,69512/240.83 miChurchill Crescent, Marple, Stockport, Greater Manchester, SK63
£1,20008/240.95 miSunfield, Romiley, Stockport3
£1,25012/240.95 miSunfield, Romiley, Stockport3
£1,15008/241.1 miGreen Lane, Stockport, Greater Manchester, SK63
£1,50012/241.15 mi-3
£1,50001/251.15 mi-3
£1,50011/241.15 mi-3
£1,50001/251.15 mi-3
£1,20002/241.15 mi-3
£1,25008/241.2 miKayswood Road, Marple, Stockport, SK63
£1,20012/241.24 mi-3

Local Area Statistics

Population in SK6

50,689

Town centre distance

2.16 miles away

Nearest school

0.60 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £160,000

February 25, 2025

Floor Plans

Description

Bridgfords are proud to present this three-bedroom semi-detached property close to the centre of Romiley, this property is in need of refurbishment, making it a great opportunity for those looking to put their own stamp on a home. Featuring three well-sized bedrooms, a main bathroom, a spacious garden, and a driveway for off-road parking. Situated in a desirable location, close to Romiley high street which has all local amenities and Romiley train station. This property offers excellent potential for renovation and modernization. Ideal for investors or buyers looking for a project

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties’ personal data will be shared with the Auctioneer (iamsold).

If you are considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Bridgfords, Marple

0161 524 2275

Next Steps?

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