4 Bed Semi-Detached House, Cash/Bridging Only, Stalybridge, SK15 3BE, £325,000

Grove Road, Millbrook, Stalybridge, SK15 3BE - 2 months ago

Leasehold
Cash
~129 m²
+8 photos

ValuationFair Value

Sold Prices£175K - £466K
Sold Prices/m²£1.2K/m² - £3.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.5K/m²

Value Estimate

£320,140

 

 

End Value (After Refurb)

£312,372

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£54,483

Bridging Loan Interest

£8,531

Total Cash In

£160,714

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£312,372

Mortgage (After Refinance)

£234,279

Mortgage LTV

75%

Cash Left In

£160,714

Equity

£78,093

Rent Range

£850 - £3,250

Rent Estimate

£1,257

Running Costs/mo

£1,248

Cashflow/mo

£9

Cashflow/yr

£113

ROI

0%

Gross Yield

5%

Local Sold Prices

37 sold prices from £175K to £466K, average is £340K. £1.2K/m² to £3.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£412K06/210.07 miRed Bank, Howard Street, Millbrook, Stalybridge, Greater Manchester SK15 3ER4
£340K02/210.22 mi10, Rowans Close, Stalybridge, Greater Manchester SK15 3GF4
£355K04/210.25 mi14, Ashdowne Lawns, Stalybridge, Greater Manchester SK15 3GE4
£350K03/210.27 mi5, Alder Drive, Stalybridge, Greater Manchester SK15 3GH4
£438K12/220.27 mi4, Alder Drive, Stalybridge, Greater Manchester SK15 3GH4
£401K12/220.28 mi6, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW4
£420K12/220.28 mi22, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW4
£357.5K11/200.28 mi26, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW4
£330K01/210.28 mi28, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW4
£350K03/210.28 mi5, Willows End, Stalybridge, Greater Manchester SK15 3GG4
£327.5K12/200.29 mi9, Hazel Road, Stalybridge, Greater Manchester SK15 3GJ4
£345K09/210.3 mi4, Hazel Road, Stalybridge, Greater Manchester SK15 3GJ4
£466K06/230.33 mi10, Hill Bank Close, Stalybridge, Greater Manchester SK15 3RQ4
£355K02/210.33 mi4, Whimberry Drive, Stalybridge, Greater Manchester SK15 3RU4
£427K11/220.38 mi54, Whimberry Drive, Stalybridge, Greater Manchester SK15 3RU4
£275K12/210.39 mi12, Shawfields, Stalybridge, Greater Manchester SK15 2QH4
£280K05/210.42 mi293, Wakefield Road, Heyrod, Stalybridge, Greater Manchester SK15 3BY4
£345K04/210.43 mi12, Staley Hall Crescent, Stalybridge, Greater Manchester SK15 3DE4
£340K09/210.47 mi2, Spindlewood Close, Stalybridge, Greater Manchester SK15 2QL4
£270K08/210.48 mi27, Walkerwood Drive, Stalybridge, Greater Manchester SK15 2QD4
£270K02/210.49 mi452, Huddersfield Road, Carrbrook, Stalybridge, Greater Manchester SK15 3JP4
£350K09/210.49 mi438, Huddersfield Road, Carrbrook, Stalybridge, Greater Manchester SK15 3JP4
£245K08/210.78 mi77, Arlies Lane, Stalybridge, Greater Manchester SK15 3PT4
£414K04/210.78 miThe Bungalow, Arlies Lane, Stalybridge, Greater Manchester SK15 3PT4
£333K12/220.79 mi18, Carrbrook Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LT4
£285K05/210.81 mi25, Honeysuckle Drive, Stalybridge, Greater Manchester SK15 2PS4
£286K11/210.81 mi2, Lapwing Close, Stalybridge, Greater Manchester SK15 1HP4
£440K11/210.82 mi17, Carrbrook Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3LP4
£375K01/230.82 mi11b, Carrbrook Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3LP4
£450K02/230.92 mi16, Shaw Moor Avenue, Stalybridge, Greater Manchester SK15 2RB4
£201.5K11/200.92 mi8, Broadhill Road, Stalybridge, Greater Manchester SK15 1HQ4
£175K02/210.93 mi26, Groby Street, Stalybridge, Greater Manchester SK15 2NN4
£185K01/210.93 mi26, Taylor Street, Stalybridge, Greater Manchester SK15 2NJ4
£310K02/230.94 mi28, Arundel Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LS4
£200K02/210.94 mi147, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1BJ4
£280K11/210.97 mi133, Mottram Road, Stalybridge, Greater Manchester SK15 2QS4
£235K01/210.99 mi8, Moorgate Road, Carrbrook, Stalybridge, Greater Manchester SK15 3NJ4

Local Rents

35 rents from £850/mo to £3.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,90008/240.19 miElmwood Park, Stalybridge, SK154
£1,10011/230.19 mi-3
£99507/240.19 mi-3
£90011/240.37 mi-3
£90011/240.37 mi-3
£1,60008/240.49 mi-4
£95006/230.63 mi-3
£3,25005/240.72 mi-4
£1,59508/240.78 miArlies Lane, Stalybridge, Greater Manchester, SK153
£1,20010/240.79 mi-3
£1,20008/240.8 miHuddersfield Road, Stalybridge, Cheshire, SK153
£1,10008/240.9 miStonecliffe Terrace, Stalybridge, 4
£1,15004/250.91 mi-3
£85008/240.92 miWakefield Road, Stalybridge, Greater Manchester, SK153
£1,15004/250.92 mi-3
£1,15003/250.92 mi-3
£1,00003/250.93 mi-3
£89503/250.94 mi-3
£1,35008/240.97 miMoorgate Road, Stalybridge, Greater Manchester, SK153
£1,40010/241.01 mi-3
£1,20003/251.01 mi-3
£1,40008/241.01 miSchool Crescent, Stalybridge, SK153
£99504/251.07 mi-3
£1,30008/241.1 mi-3
£1,30008/241.1 mi-3
£1,25008/241.11 mi-3
£1,25011/241.11 mi-3
£1,15004/251.11 mi-3
£95008/241.12 miStamford Street, Stalybridge, 3
£1,10004/241.14 mi-3
£1,05002/251.17 mi-3
£1,00008/241.19 miHydes Terrace, Stalybridge, 4
£1,35009/241.2 miLowfield Avenue, Ashton, 3
£1,25004/251.21 mi-3
£1,00006/241.22 mi-3

Local Area Statistics

Population in SK15

27,625

Town centre distance

0.58 miles away

Nearest school

0.40 miles away

Nearest train station

1.36 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £325,000

February 28, 2025

Floor Plans

Description

A spacious four-bedroom semi-detached home offering versatile accommodation across three floors. Situated in the highly sought-after area of Millbrook, this property is perfectly positioned close to schools, local amenities, and excellent transport links. Enjoy the natural surroundings with easy access to Stalybridge Country Park, scenic countryside, Walkerwood Reservoir, and picturesque canal walks, making it an ideal location for outdoor enthusiasts.

The ground floor welcomes you with an entrance hall leading to a convenient downstairs WC. The kitchen offers ample storage and workspace with integrated appliances, while the spacious lounge seamlessly opens into the conservatory, creating a bright and airy living space that is perfect for both relaxation and entertaining.

The first floor boasts three bedrooms, including one with an en-suite shower room. A contemporary family bathroom serves the remaining two bedrooms, offering functionality.
A highlight of this home is the second-floor master suite, providing a private retreat with a spacious bedroom and an en-suite shower room. This floor is ideal for those seeking additional privacy or a guest space.

Externally, the property benefits from a driveway providing off-road parking, alongside a low-maintenance gravelled garden at the front. The enclosed rear garden offers a private outdoor space with a paved patio area, an artificial lawn for year-round greenery, and a peaceful woodland backdrop, creating a tranquil setting to unwind or entertain.

This home is ideal for families or professionals looking for modern living in a fantastic location, with nature on the doorstep and excellent local amenities within easy reach. Viewing Highly Recommended

Ground Floor -

Entrance Hall - Door to front, radiator, stairs leading to first floor, doors leading to:

Wc - Two piece suite comprising wash hand basin and low-level WC, double glazed window to front.

Kitchen - 4.75m x 2.55m (15'7" x 8'4") - Fitted with a matching range of ample base and eye level units with worktop space over, pull-out larder, inset sink with mixer tap, integrated fridge/freezer, integrated dishwasher, integrated washing machine, integrated tumble dryer, built-in oven, built-in hob with extractor hood over, double glazed window to front, radiator.

Lounge - 3.00m x 4.87m (9'10" x 16'0") - Radiator, open plan to:

Conservatory - 2.67m x 3.86m (8'9" x 12'8") - Double glazed window to side, radiator, bi-fold door leading out to rear garden.

First Floor -

Landing - Radiator, stairs leading to second floor, doors leading to:

Bedroom 1 - 3.63m x 2.67m (11'11" x 8'9") - Double glazed window to front, radiator, door leading to:

En-Suite - Three piece suite comprising wash hand basin, shower enclosure and low-level WC, double glazed window to side, radiator.

Bedroom 2 - 2.92m x 2.67m (9'7" x 8'9") - Double glazed window to rear, radiator.

Bedroom 3 - 2.04m x 2.03m (6'8" x 6'8") - Double glazed window to front, radiator.

Bathroom - 1.84m x 2.03m (6'0" x 6'8") - Three piece suite comprising bath, wash hand basin and low-level WC, double glazed window to rear, radiator.

Second Floor -

Landing - Velux window, door to storage cupboard, door leading to:

Bedroom 4 - 4.50m x 3.75m (14'9" x 12'4") - Double glazed window to front, radiator, door leading to:

En-Suite - 1.92m x 1.93m (6'4" x 6'4") - Three piece suite comprising wash hand basin, shower enclosure and low-level WC, velux window, radiator.

Outside - Driveway to the front and gravelled garden area. Enclosed garden to the rear with paved patio area and artificial lawn.

Disclaimer - Home Estate Agents believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof. The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/her self of all measurements prior to purchase.

Before we can accept an offer for any property we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property we will require proof of funds. You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.

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Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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