2 Bed Terraced House, Refurb/BRRR, Stalybridge, SK15 3JS, £179,950

First Avenue, Carrbrook, Stalybridge, SK15 3JS - 1 views - a month ago

Sold STC
Cash
Refurb/BRRR
ROI: 1%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£85K - £290K
Sold Prices/m²£1.2K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£123,250

 

 

End Value (After Refurb)

£179,737

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£44,988

Stamp Duty & Legal Fees

£10,198

Refurb Costs

£28,709

Bridging Loan Interest

£4,724

Total Cash In

£90,368

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£179,737

Mortgage (After Refinance)

£134,803

Mortgage LTV

75%

Cash Left In

£90,368

Equity

£44,934

Rent Range

£550 - £1,245

Rent Estimate

£819

Running Costs/mo

£745

Cashflow/mo

£74

Cashflow/yr

£882

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £85K to £290K, average is £150K. £1.2K/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£140K11/200.02 mi26, Bank Road, Carrbrook, Stalybridge, Greater Manchester SK15 3JX2
£136K11/200.06 mi3, Third Avenue, Carrbrook, Stalybridge, Greater Manchester SK15 3JU2
£175K12/220.07 mi3, Buckton Drive, Stalybridge, Greater Manchester SK15 3JR2
£161.5K03/210.14 mi10, East Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LN2
£145.5K05/230.15 mi62, Bank Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LB2
£135K06/210.15 mi76, Bank Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LB2
£215K02/230.29 mi45, Buckton Vale Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LW2
£180K03/210.36 mi4, Arundel Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LS2
£185K07/210.37 mi74, Buckton Vale Road, Carrbrook, Stalybridge, Greater Manchester SK15 3PJ2
£180K05/210.4 mi3a, Moorgate Road, Carrbrook, Stalybridge, Greater Manchester SK15 3NF2
£85K12/200.46 mi15, Stamford Street, Millbrook, Stalybridge, Greater Manchester SK15 3JB2
£108K12/200.46 mi1, Stamford Street, Millbrook, Stalybridge, Greater Manchester SK15 3JB2
£150K09/210.5 mi14, Cambridge Terrace, Millbrook, Stalybridge, Greater Manchester SK15 3JG2
£140K11/210.51 mi17, Cambridge Terrace, Millbrook, Stalybridge, Greater Manchester SK15 3JG2
£152.5K03/230.51 mi21, Cambridge Terrace, Millbrook, Stalybridge, Greater Manchester SK15 3JG2
£128K03/210.52 mi439, Huddersfield Road, Millbrook, Stalybridge, Greater Manchester SK15 3ET2
£115K03/210.52 mi431, Huddersfield Road, Millbrook, Stalybridge, Greater Manchester SK15 3ET2
£120K05/230.52 mi421, Huddersfield Road, Millbrook, Stalybridge, Greater Manchester SK15 3ET2
£115K07/210.55 mi7, Grenville Street, Millbrook, Stalybridge, Greater Manchester SK15 3EU2
£180K02/210.56 mi61, Castle Lane, Carrbrook, Stalybridge, Greater Manchester SK15 3PA2
£187K04/230.57 mi11, Chapelfield Close, Millbrook, Stalybridge, Greater Manchester SK15 3RS2
£290K11/220.57 mi5, Carr Rise, Carrbrook, Stalybridge, Greater Manchester SK15 3NY2
£179K07/210.58 mi12, Calico Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3FJ2
£145K08/210.64 mi5, Croft Bank, Millbrook, Stalybridge, Greater Manchester SK15 3HR2
£131.9K08/210.64 mi385, Wakefield Road, Heyrod, Stalybridge, Greater Manchester SK15 3BL2
£100K05/230.64 mi377, Wakefield Road, Heyrod, Stalybridge, Greater Manchester SK15 3BL2
£215K06/230.67 mi22, Cypress Oaks, Stalybridge, Greater Manchester SK15 3GA2
£150K10/210.68 mi51, Grafton Street, Millbrook, Stalybridge, Greater Manchester SK15 3EW2
£190K03/230.69 mi22, Parkfields, Millbrook, Stalybridge, Greater Manchester SK15 3HP2
£145K03/210.69 mi10, Parkfields, Millbrook, Stalybridge, Greater Manchester SK15 3HP2
£272.5K09/220.71 mi99, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PL2
£187.5K05/210.73 mi21, Copper Beech Drive, Stalybridge, Greater Manchester SK15 3GN2
£150K09/230.74 mi11, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ2
£200K10/200.74 mi21, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA2
£178.8K07/230.74 mi26, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA2
£227K03/210.76 mi5, Hall Avenue, Heyrod, Stalybridge, Greater Manchester SK15 3DF2
£145K07/210.77 mi54, Fistral Crescent, Stalybridge, Greater Manchester SK15 3HW2
£154K04/210.77 mi34, Fistral Crescent, Stalybridge, Greater Manchester SK15 3HW2
£170K02/210.78 mi274, Huddersfield Road, Stalybridge, Greater Manchester SK15 3DZ2
£172K05/230.78 mi298, Huddersfield Road, Stalybridge, Greater Manchester SK15 3DZ2
£195K08/230.78 mi245, Huddersfield Road, Stalybridge, Greater Manchester SK15 3DY2
£140K06/210.78 mi227, Huddersfield Road, Stalybridge, Greater Manchester SK15 3DY2
£145K01/210.78 mi28, Crantock Drive, Stalybridge, Greater Manchester SK15 3HH2
£117K10/200.84 mi57, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PE2
£210K06/220.85 mi10, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ2
£125K10/200.87 mi28, Denbigh Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PB2
£175K05/230.87 mi24, Denbigh Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PB2
£125K08/230.87 mi53, Egmont Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NB2
£142K03/240.87 mi27, Egmont Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NB2
£144K12/200.88 mi21, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2

Local Rents

28 rents from £550/mo to £1.2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£79511/230.32 miThe Millbrook, Huddersfield Road, Stalybridge, Greater Manchester, SK152
£90003/250.47 mi-2
£85011/230.56 miGrenville Street, Stalybridge, Greater Manchester, SK152
£75008/240.61 miThe Thistle House, Stalybridge2
£82508/240.61 miThistle House, Bramble Court, Millbrook, SK152
£80008/240.61 miThe Cedar House, Millbrook, Stalybridge2
£1,00008/240.67 miStaley Farm Close, Stalybridge, Greater Manchester, SK152
£85008/240.67 miStaley Farm Close, Stalybridge, Greater Manchester, SK152
£79502/240.87 mi-2
£75006/240.89 mi-2
£82511/230.91 mi-2
£72512/230.91 mi-2
£79511/240.91 mi-2
£90008/240.91 mi-2
£75006/240.93 mi-2
£85002/250.93 mi-2
£75006/240.93 mi-2
£55010/240.97 mi-2
£79512/230.99 mi-2
£79512/230.99 mi-2
£80011/231.07 mi-2
£82501/251.07 mi-2
£85008/241.07 miWaggon Road, Mossley, Ashton-Under-Lyne, OL52
£85006/241.07 miWaggon Road, Ashton-under-lyne, OL52
£79503/241.11 miPark Street, OL52
£85008/241.13 miCarter Street, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£69508/241.23 mi-2
£1,24503/241.23 miStamford Road, OL52

Local Area Statistics

Population in SK15

27,625

Town centre distance

1.15 miles away

Nearest school

0.20 miles away

Nearest train station

1.16 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £179,950

March 5, 2025

Floor Plans

Description

  • No Vendor Chain +
  • Two Double Bedrooms +
  • Spacious Corner Plot +
  • Viewing Highly Recommended! +

Nestled in the highly desirable area of Carrbrook, Stalybridge, this well-positioned two-bedroom end-terrace home offers an excellent opportunity for buyers seeking a property with potential. With no vendor chain, this home is perfect for first-time buyers, investors, or those looking to add their personal touch.

The property is situated on a spacious corner plot with gardens to the front, side, and rear. A generous driveway provides ample off-road parking, while the low-maintenance gardens feature a mix of paving, gravel, and mature shrub borders.

Inside, the entrance hall leads to a spacious dual-aspect lounge, offering plenty of natural light and a comfortable living space. The kitchen, also benefiting from a dual-aspect design, provides great potential for modernisation and has ample space for appliances.

Upstairs, there are two well-proportioned double bedrooms, both offering flexibility for various layouts and storage solutions. A shower room completes the first floor, providing convenience and practicality.

Carrbrook is a highly sought-after location known for its strong community feel, excellent local amenities, and stunning countryside surroundings. The property is well-connected with great transport links, offering easy access to Stalybridge, Ashton-under-Lyne, and Manchester city centre via road and rail. Local schools, shops, and leisure facilities are all within easy reach, making this a convenient and desirable place to live.

With no onward chain, this property is ready for its next owner. Don't miss out on this fantastic opportunity to create your dream home – arrange a viewing today!

Ground Floor -

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

Lounge - 4.85m x 3.53m (15'11" x 11'7") - Double glazed window to rear, double glazed window to front, feature fireplace with gas fire.

Kitchen - 4.85m x 2.69m (15'11" x 8'10") - Fitted with a matching range of base and eye level units with worktop space over, inset sink and drainer with mixer tap, tiled splashbacks, plumbing for washing machine, space for fridge/freezer, space for cooker, double glazed window to side, double glazed window to rear, open plan to pantry.

First Floor -

Landing - Doors leading to:

Bedroom 1 - 4.85m x 3.16m (15'11" x 10'4") - Double glazed window to side, double glazed window to rear, radiator, fitted wardrobes.

Bedroom 2 - 2.68m x 3.51m (8'10" x 11'6") - Double glazed window to front, radiator.

Shower Room - 2.07m x 2.62m (6'9" x 8'7") - Three piece suite comprising shower area, pedestal wash hand basin and low-level WC tiled walls, double glazed window to rear, heated towel rail.

Outside - Gravelled garden to the front, spacious gravelled driveway to the side. Paved garden to the rear with shrub boundaries.

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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