2 Bed Flat, Single Let, Stockport, SK4 2DU, £185,000

Fox Hill Court, Heaton Mersey, SK4 2DU - a month ago

Leasehold

BTL

ROI: 2%

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£105K - £325K
Sold Prices/m²	£2.3K/m² - £6.7K/m²

Square Metres	~68.11 m²
Price/m²	£2.7K/m²
Value Estimate	£217,659£217,659
BMV	18%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£46,250£46,250
Stamp Duty & Legal Fees	£10,450£10,450
Total Cash In	£56,700£56,700

Cash Out
Rent Range	£800 - £1,495£800 - £1,495
Rent Estimate	£867
Running Costs/mo	£772£772
Cashflow/mo	£95£95
Cashflow/yr	£1,146£1,146
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

25 sold prices from £105K to £325K, average is £187K. £2.3K/m² to £6.7K/m², average is £3.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£167.5K	04/21	0.02 mi	7, Fox Hill Court, Stockport, Greater Manchester SK4 2DU	£3,350	50	2	Flat
£285K	04/21	0.38 mi	8, March Avenue, Stockport, Greater Manchester SK4 2LB	£3,701	77	2	Flat
£195K	11/20	0.41 mi	206b, Heaton Moor Road, Stockport, Greater Manchester SK4 4DU	£2,671	73	2	Flat
£195K	05/21	0.42 mi	3, Beaminster Court, Stockport, Greater Manchester SK4 3HY	-	-	2	Flat
£290K	06/21	0.5 mi	28, Colchester Place, Stockport, Greater Manchester SK4 2NY	£3,867	75	2	Flat
£184.9K	05/23	0.51 mi	56g, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR	-	-	2	Flat
£167.5K	05/21	0.51 mi	56f, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR	£2,393	70	2	Flat
£144K	10/21	0.51 mi	36e, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR	£2,703	53	2	Flat
£187K	06/21	0.55 mi	470a, Didsbury Road, Stockport, Greater Manchester SK4 3BS	£3,463	54	2	Flat
£177.5K	01/23	0.59 mi	49g, Crescent Park, Stockport, Greater Manchester SK4 2JD	£4,931	36	2	Flat
£187K	09/21	0.62 mi	9, Clifton Court, Stockport, Greater Manchester SK4 4DB	-	-	2	Flat
£155K	03/21	0.68 mi	Flat 9, Church Manor, Stanley Road, Stockport, Greater Manchester SK4 4HL	-	-	2	Flat
£105K	07/22	0.72 mi	17, Tillard Avenue, Cheadle Heath, Stockport, Greater Manchester SK3 0UB	-	-	2	Flat
£130.5K	01/21	0.73 mi	33, Tillard Avenue, Stockport, Greater Manchester SK3 0UB	£2,330	56	2	Flat
£141K	05/22	0.73 mi	Flat 4, Park View Lodge, Kenilworth Road, Stockport, Greater Manchester SK3 0QQ	-	-	2	Flat
£325K	10/22	0.77 mi	76, Green Pastures, Stockport, Greater Manchester SK4 3RA	£4,333	75	2	Flat
£179K	04/23	0.78 mi	30a, Sunnybank Avenue, Stockport, Greater Manchester SK4 3PR	£3,240	55	2	Flat
£205K	03/21	0.85 mi	Flat 4, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ	-	-	2	Flat
£200K	03/21	0.85 mi	Flat 12, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ	-	-	2	Flat
£220.5K	03/23	0.91 mi	36, Printers Close, Manchester, Greater Manchester M19 1TL	£3,196	69	2	Flat
£200K	01/21	0.91 mi	28, Printers Close, Manchester, Greater Manchester M19 1TL	£3,077	65	2	Flat
£209.8K	07/23	0.91 mi	7, Printers Close, Manchester, Greater Manchester M19 1TL	£6,659	32	2	Flat
£188K	01/21	0.91 mi	36, Printers Close, Manchester, Greater Manchester M19 1TL	£2,725	69	2	Flat
£130K	08/21	0.96 mi	40, Stitch Lane, Stockport, Greater Manchester SK4 2LS	-	-	2	Flat
£170K	09/23	1 mi	838, Burnage Lane, Manchester, Greater Manchester M19 1RS	£3,489	49	2	Flat

Local Rents

34 rents from £800/mo to £1.5K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,300	09/24	0.12 mi	Briars Mount, Heaton Mersey, Stockport, SK4	2	Semi-Detached House
£1,100	10/24	0.15 mi	-	2	Flat
£1,100	01/25	0.15 mi	-	2	Flat
£1,150	02/25	0.15 mi	-	2	Flat
£1,050	07/24	0.22 mi	-	2	Flat
£895	08/24	0.32 mi	Elizabeth House, Didsbury Road, Heaton Mersey, Stockport, SK4	2	Flat
£1,495	08/24	0.33 mi	Devonshire Road, Heaton Moor, Stockport, SK4	2	Terraced House
£1,300	09/24	0.33 mi	Devonshire Road, Heaton Moor, Stockport, Cheshire, SK4	2	Terraced House
£900	08/24	0.34 mi	Moorside Road, Stockport	2	Flat
£900	08/24	0.34 mi	Moorside Road, Stockport	2	Flat
£1,000	08/24	0.45 mi	Colchester Place, Heaton Norris, Stockport	2	Flat
£1,150	09/24	0.45 mi	Colchester Place, Heaton Norris, Stockport	2	Flat
£900	08/24	0.46 mi	Craig Road, Heaton Mersey, Stockport	2	Flat
£900	09/24	0.46 mi	Valley Court, 4 Craig Road, Heaton Mersey, Stockport	2	Flat
£900	12/24	0.46 mi	-	2	Flat
£1,495	02/25	0.49 mi	-	2	Flat
£950	09/24	0.51 mi	Norris Hill Drive, Heaton Norris, Stockport	2	Flat
£1,000	09/24	0.51 mi	Mersey Road, Heaton Mersey, Stockport, SK4	2	Flat
£1,100	03/25	0.51 mi	-	2	Flat
£975	09/24	0.53 mi	Epworth Court, 18 Hooley Range, Heaton Moor, Stockport, SK4	2	Flat
£900	09/24	0.53 mi	Hooley Range, Heaton Moor, Stockport, SK4	2	Flat
£1,150	08/24	0.53 mi	Lyme Street, Heaton Mersey, Stockport, SK4	2	Terraced House
£1,200	08/24	0.54 mi	Leewood Court, 23 Hooley Range, Heaton Moor, Manchester, SK4	2	Flat
£1,100	09/24	0.54 mi	Epworth Court, Hooley Range, Heaton Moor	2	Flat
£1,150	09/24	0.55 mi	Castlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK4	2	Flat
£1,200	09/24	0.55 mi	Castlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK4	2	Flat
£1,150	09/24	0.55 mi	Castlewood Apartments, 192 Wellington Rd North, Heaton Norris, Stockport, SK4	2	Flat
£1,200	08/24	0.55 mi	-	2	Flat
£950	08/24	0.57 mi	-	2	Flat
£1,150	08/24	0.57 mi	-	2	Flat
£800	12/24	0.59 mi	Kent Road, Stockport, Cheshire, SK3	2	Terraced House
£820	08/24	0.61 mi	Garrett Walk, Stockport, Greater Manchester, SK3	2	Flat
£1,050	12/24	0.61 mi	Kent Road, Stockport	2	Terraced House
£1,050	12/24	0.61 mi	Kent Road,SK3,Chealde Heath	2	Terraced House

Local Area Statistics

Population in SK4	34,51034,510
Population in Stockport	181,140181,140
Town centre distance	3.06 miles away3.06 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.04 miles away1.04 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-9%-9%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+31%+31%

Property History

Listed for £185,000

February 28, 2025

Floor Plans

Description

First Floor Apartment +
Private Entrance +
Allocated Parking Space +
Well Presented Throughout +
Close To Local Amenities And Transport Links +
Two Double Bedrooms +

A well-presented two double bedroom apartment located within walking distance of transport links, schools and local amenities plus the fashionable bars and restaurants of Heaton Moor and Heaton Mersey Villages. Set within a small but highly sought after development in Heaton Mersey.

This first floor apartment is set within a highly sought after modern development which offers spacious and well-proportioned rooms throughout. The apartment is accessed through a private entrance with a communal garden on its doorstep and briefly comprises: Entrance hallway with storage leading to a modern family bathroom. The apartment boasts two double bedrooms and a generous open plan living / dining room with views over the communal garden. Externally the development is approached via a driveway with allocated parking. Viewing highly recommended to appreciate this fantastic apartment.

Agent Details

Gascoigne Halman, Heaton Moor

0161 524 4814

Next Steps?

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