2 Bed Terraced House, Single Let, Stockport, SK5 8DE, £120,000

Surrey Way, Brinnington, Stockport, SK5 8DE - a month ago

Sold STC
Auction
BTL
ROI: 8%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£103K - £236.5K
Sold Prices/m²£1.5K/m² - £4.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£147,600
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£775 - £1,300

Rent Estimate

£775

Running Costs/mo

£550

Cashflow/mo

£225

Cashflow/yr

£2,700

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £103K to £236.5K, average is £175K. £1.5K/m² to £4.1K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£144.5K02/210 mi3, Surrey Way, Stockport, Greater Manchester SK5 8DE2
£150K05/210.13 mi15, Somerset Close, Stockport, Greater Manchester SK5 8DH2
£180K01/230.13 mi2, Somerset Close, Stockport, Greater Manchester SK5 8DH2
£128.5K01/210.26 mi6, Trent Close, Stockport, Greater Manchester SK5 8EU2
£163K01/230.29 mi18, Westmorland Drive, Stockport, Greater Manchester SK5 8HF2
£115K01/210.33 mi30, Northumberland Road, Stockport, Greater Manchester SK5 8LT2
£124K06/210.35 mi44, Cornwall Crescent, Stockport, Greater Manchester SK5 8HB2
£112.5K12/200.38 mi15, Rutland Crescent, Stockport, Greater Manchester SK5 8HU2
£187.5K01/210.49 mi36, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EL2
£200K06/230.54 mi16, Goyt Crescent, Stockport, Greater Manchester SK1 2HA2
£167K05/210.57 mi559, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BS2
£155K04/210.61 mi60, Brinnington Road, Stockport, Greater Manchester SK1 2EX2
£177K01/230.61 mi42, Charlotte Street, Stockport, Greater Manchester SK1 2QH2
£176.3K11/210.63 mi70, Caistor Street, Stockport, Greater Manchester SK1 2LG2
£107K05/210.63 mi78, Caistor Street, Stockport, Greater Manchester SK1 2LG2
£140K12/200.63 mi80, Caistor Street, Stockport, Greater Manchester SK1 2LG2
£140K06/210.63 mi63, Charlotte Street, Stockport, Greater Manchester SK1 2QH2
£183K03/210.63 mi4, Annable Road, Bredbury, Stockport, Greater Manchester SK6 2DE2
£176.3K03/210.66 mi18, Yew Tree Drive, Bredbury, Stockport, Greater Manchester SK6 2HJ2
£210.5K02/230.66 mi68, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA2
£194K05/230.67 mi58, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA2
£220K06/230.67 mi90, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA2
£173.5K10/220.69 mi14, Yates Street, Stockport, Greater Manchester SK1 2LJ2
£220.5K10/220.69 mi21, Caistor Street, Stockport, Greater Manchester SK1 2LF2
£103K04/210.7 mi48, River Street, Stockport, Greater Manchester SK1 2QL2
£103K04/210.7 mi48, River Street, Stockport, Greater Manchester SK1 2QL2
£189K06/230.7 mi20, River Street, Stockport, Greater Manchester SK1 2QL2
£180K10/220.7 mi28, River Street, Stockport, Greater Manchester SK1 2QL2
£150K07/210.7 mi50, Caistor Street, Stockport, Greater Manchester SK1 2LF2
£213.5K02/230.71 mi6, Hawthorne Grove, Bredbury, Stockport, Greater Manchester SK6 2PJ2
£236.5K01/230.71 mi65, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2PD2
£182K04/210.71 mi92, Annable Road, Bredbury, Stockport, Greater Manchester SK6 2DF2
£165K02/230.71 mi18, Caistor Street, Stockport, Greater Manchester SK1 2LF2
£175K03/210.72 mi40, Doric Avenue, Bredbury, Stockport, Greater Manchester SK6 2DQ2
£143K11/210.72 mi6, Carrington Road, Stockport, Greater Manchester SK1 2QE2
£187K12/200.75 mi59, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2PD2
£210K01/230.76 mi33, Marina Road, Bredbury, Stockport, Greater Manchester SK6 2PR2
£206K11/200.78 mi17, Fortyacre Drive, Bredbury, Stockport, Greater Manchester SK6 2EZ2
£185K07/210.78 mi13, Edward Avenue, Bredbury, Stockport, Greater Manchester SK6 2PQ2
£189.9K02/210.82 mi44, Woodbank Avenue, Bredbury, Stockport, Greater Manchester SK6 2PE2
£202K07/210.82 mi52, Woodbank Avenue, Bredbury, Stockport, Greater Manchester SK6 2PE2
£160K12/200.82 mi55, Woodbank Avenue, Bredbury, Stockport, Greater Manchester SK6 2PE2
£137K10/200.83 mi196, Stockport Road East, Bredbury, Stockport, Greater Manchester SK6 2AQ2
£200K04/230.83 mi82, Mayfield Grove, South Reddish, Stockport, Greater Manchester SK5 7HY2
£140K01/210.83 mi88, Mayfield Grove, Stockport, Greater Manchester SK5 7HY2
£168K10/210.83 mi30, Redland Avenue, Stockport, Greater Manchester SK5 7JF2
£200K06/230.83 mi5, Redland Avenue, Stockport, Greater Manchester SK5 7JF2
£134K12/200.83 mi20, Redland Avenue, Stockport, Greater Manchester SK5 7JF2
£175K07/210.83 mi7, Redland Avenue, Stockport, Greater Manchester SK5 7JF2
£175K12/200.86 mi90, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PB2

Local Rents

49 rents from £775/mo to £1.3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£95012/240.56 miGoyt Road, Stockport, Cheshire, SK12
£1,15012/240.58 miPark View, Bredbury, Stockport, Cheshire, SK62
£95008/240.61 miCrescent Road, Stockport2
£1,09502/250.62 mi-2
£90008/240.63 mi-2
£1,00008/240.64 mi-2
£92508/240.64 miCaistor Street, Portwood, Stockport2
£1,05012/240.65 mi-2
£89504/250.65 mi-2
£95012/240.66 mi-2
£95012/240.67 miWerneth Street, Stockport2
£1,00012/230.68 mi-2
£95012/240.69 mi-2
£1,15003/250.69 mi-2
£1,00011/230.7 miRiver Street, Stockport, Cheshire, SK12
£79502/250.7 mi-2
£1,17508/240.7 mi-2
£1,17508/240.7 miCaistor Street, Stockport, SK12
£1,05007/240.74 mi-2
£1,20004/250.74 mi-2
£1,15012/240.76 mi-2
£82508/240.84 miLauren Court, 38 Lower Bents Lane, Bredbury, Stockport, SK62
£87508/240.84 miLauren Court, Bredbury, Stockport, SK62
£1,30011/240.87 mi-2
£1,10011/240.87 mi-2
£1,15012/240.89 mi-2
£1,00009/240.93 miBaslow Grove, Stockport, Cheshire, SK52
£95008/240.93 miBaslow Grove, Stockport, Cheshire, SK52
£1,25008/240.93 miWater Street, Stockport, SK12
£1,10008/240.94 mi-2
£1,15008/240.95 miHilda Grove, Stockport, Greater Manchester, Cheshire, SK52
£95008/240.95 miBangor Street, Stockport, Greater Manchester, SK52
£95009/240.97 miHilda Grove, Reddish, Stockport, SK52
£95009/240.97 miMelton Street, Stockport, Cheshire, SK52
£1,10008/240.98 miBroughton Road, Stockport, Greater Manchester, SK52
£77507/241 mi-2
£77504/251 mi-2
£80008/241 mi-2
£77508/241 mi-2
£1,10012/241.03 miWeybourne Drive, Bredbury, Stockport, SK6 2DN2
£99511/241.04 mi-2
£1,10009/241.05 miBroadstone Hall Road South, South Reddish, Stockport2
£96008/241.06 mi-2
£99512/241.09 mi-2
£80012/241.09 miChamberlain Gardens, Stockport, SK6 1BR2
£95008/241.11 mi-2
£1,20012/241.15 mi-2
£92512/241.19 mi-2
£1,10008/241.2 miGreystoke Street SK12

Local Area Statistics

Population in SK5

29,538

Population in Stockport

181,140

Town centre distance

2.42 miles away

Nearest school

0.10 miles away

Nearest train station

0.51 miles away

 

 

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £120,000

February 26, 2025

Description

  • Sold Via Auction +
  • Two Bedroom End Terrace +
  • Large Plot +
  • Close to Transport Links and Amenities +
  • Potential to Extend +
  • No Chain +

This charming 2 Bed End of Terrace Family Home for sale via the Modern Method of Auction. A fantastic opportunity for investors!

The property comprises; a spacious lounge with natural light, the generously sized kitchen to the rear, plenty of worktop space. To the first floor you have the two double bedrooms, master to the front of the property, plenty of storage cupboards throughout. Family bathroom suite completes this floor.

The property is an excellent opportunity to renovate and increase the value. It is overall in good condition throughout, with opportunity to extend to the rear. Perfect for a family, with good transport links to Stockport and Manchester.

Contact us today to arrange a viewing!

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

A Buyer Information Pack is provided. The successful buyer only will pay £349.00 including VAT for this pack which you must view before bidding. There is no cost involved just to view the pack.

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

Julian Wadden, Stockport

0161 524 7110

Next Steps?

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