3 Bed Detached House, Refurb/BRRR, Stockport, SK3 8UB, £400,000

Highfield Close, Davenport, Stockport, SK3 8UB - 4 views - a month ago

Refurb/BRRR
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£170K - £460K
Sold Prices/m²£2.2K/m² - £7.1K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£272,378

 

 

End Value (After Refurb)

£382,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£39,200

Bridging Loan Interest

£10,500

Total Cash In

£180,150

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£382,250

Mortgage (After Refinance)

£286,688

Mortgage LTV

75%

Cash Left In

£180,150

Equity

£95,563

Rent Range

£1,150 - £2,300

Rent Estimate

£1,443

Running Costs/mo

£1,503

Cashflow/mo

£-60

Cashflow/yr

£-722

Gross Yield

4%

Local Sold Prices

51 sold prices from £170K to £460K, average is £302.5K. £2.2K/m² to £7.1K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£302K11/200.06 mi6, Hampton Mews, Stockport, Greater Manchester SK3 8SY3
£225K08/230.08 mi11, Highfield Close, Stockport, Greater Manchester SK3 8UB3
£241K05/210.09 mi29, Lorgill Close, Stockport, Greater Manchester SK3 8UR3
£305K06/210.09 mi18, Lorgill Close, Stockport, Greater Manchester SK3 8UR3
£352K08/220.1 mi61, Beechfield Road, Stockport, Greater Manchester SK3 8SX3
£440K02/230.13 mi14, Beechfield Road, Stockport, Greater Manchester SK3 8SF3
£321K04/210.14 mi4, Ashfield Grove, Stockport, Greater Manchester SK3 8UF3
£448.5K01/230.14 mi1, Ashfield Grove, Stockport, Greater Manchester SK3 8UF3
£265K01/210.16 mi84, Bracadale Drive, Stockport, Greater Manchester SK3 8RY3
£330K06/210.17 mi16, Barnfield Road East, Stockport, Greater Manchester SK3 8TT3
£375K06/210.17 mi39, Barnfield Road East, Stockport, Greater Manchester SK3 8TT3
£415K11/200.18 mi12, Egerton Road, Stockport, Greater Manchester SK3 8SR3
£368K11/200.18 mi24, Egerton Road, Stockport, Greater Manchester SK3 8SR3
£247K11/200.18 mi8, Torrin Close, Stockport, Greater Manchester SK3 8RX3
£287K03/210.21 mi5, The Crescent, Stockport, Greater Manchester SK3 8SQ3
£415K08/230.21 mi4, The Crescent, Stockport, Greater Manchester SK3 8SQ3
£265K10/210.23 mi124, Rostrevor Road, Stockport, Greater Manchester SK3 8UT3
£291K12/220.23 mi120, Rostrevor Road, Stockport, Greater Manchester SK3 8UT3
£275K02/230.24 mi7, Portrea Close, Stockport, Greater Manchester SK3 8RU3
£367K12/200.24 mi8, Elmfield Road, Stockport, Greater Manchester SK3 8SE3
£230K09/210.25 mi7, Portrea Close, Stockport, Greater Manchester SK3 8RU3
£275K01/230.25 mi4, Blaven Close, Stockport, Greater Manchester SK3 8RT3
£185K06/210.26 mi37, Bracadale Drive, Stockport, Greater Manchester SK3 8RS3
£365K02/210.26 mi31, Oakfield Road, Stockport, Greater Manchester SK3 8SG3
£415K01/210.27 mi161, Woodsmoor Lane, Stockport, Greater Manchester SK3 8TH3
£435K07/210.27 mi156, Woodsmoor Lane, Stockport, Greater Manchester SK3 8TH3
£436K06/210.29 mi27, The Crescent, Stockport, Greater Manchester SK3 8SL3
£305K07/230.29 mi33, Alderley Way, Stockport, Greater Manchester SK3 8XL3
£460K05/210.3 mi133, Woodsmoor Lane, Stockport, Greater Manchester SK3 8TJ3
£425K08/230.31 mi25, Garners Lane, Stockport, Greater Manchester SK3 8SD3
£239K10/220.33 mi4, Midland Walk, Bramhall, Stockport, Greater Manchester SK7 3DS3
£312.5K04/210.33 mi17, Monfa Avenue, Stockport, Greater Manchester SK2 7BH3
£322.5K11/200.33 mi91, Garners Lane, Stockport, Greater Manchester SK3 8QZ3
£215K05/210.33 mi11, Goodwood Drive, Stockport, Greater Manchester SK3 8XB3
£215K05/210.33 mi11, Goodwood Drive, Stockport, Greater Manchester SK3 8XB3
£195K12/200.33 mi4, Midland Walk, Bramhall, Stockport, Greater Manchester SK7 3DS3
£196K05/210.33 mi17, Midland Walk, Bramhall, Stockport, Greater Manchester SK7 3DS3
£315K09/210.34 mi1a, Broomfield Crescent, Stockport, Greater Manchester SK2 7BN3
£230K06/210.34 mi56, Midland Road, Bramhall, Stockport, Greater Manchester SK7 3DR3
£262K04/230.34 mi48, Midland Road, Bramhall, Stockport, Greater Manchester SK7 3DR3
£240K04/210.35 mi30, Garners Lane, Stockport, Greater Manchester SK3 8QT3
£268K03/230.35 mi14, Garners Lane, Stockport, Greater Manchester SK3 8QT3
£315K07/230.35 mi32, Garners Lane, Stockport, Greater Manchester SK3 8QT3
£315K07/230.35 mi32, Garners Lane, Stockport, Greater Manchester SK3 8QT3
£190K10/210.35 mi48, Bexhill Road, Stockport, Greater Manchester SK3 8RH3
£175K04/210.35 mi48, Ashburton Road, Stockport, Greater Manchester SK3 8RF3
£430K09/210.37 mi93, Woodsmoor Lane, Stockport, Greater Manchester SK2 7BW3
£302.5K01/230.37 mi43, Midland Road, Bramhall, Stockport, Greater Manchester SK7 3DT3
£170K11/200.37 mi14, Northcombe Road, Stockport, Greater Manchester SK3 8RD3
£230K12/210.37 mi5, Northcombe Road, Stockport, Greater Manchester SK3 8RD3
£456K04/230.37 mi3, Midland Road, Bramhall, Stockport, Greater Manchester SK7 3DY3

Local Rents

15 rents from £1.1K/mo to £2.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£2,30012/240.17 miBramhall Lane, Stockport3
£1,30008/240.21 mi-3
£1,35003/250.21 mi-3
£1,49512/240.23 mi-3
£1,50008/240.29 miAlderley Way, Stockport, SK33
£1,55012/240.29 miAlderley Way SK33
£1,15008/240.36 miBarnfield Road West, Stockport3
£1,25008/240.38 miMidland Road, Bramhall, SK7 3DT3
£1,29501/250.41 mi-3
£1,42511/230.47 miCountess Street, Heaviley, SK2 6HD3
£1,35012/240.49 miRoslyn Road, Stockport, Cheshire, SK33
£1,25010/240.51 mi-3
£1,40004/250.55 mi-3
£1,45008/240.61 mi-3
£1,47508/240.61 mi-3

Local Area Statistics

Population in SK3

27,923

Population in Stockport

181,140

Town centre distance

1.18 miles away

Nearest school

0.50 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £400,000

March 7, 2025

Floor Plans

Description

  • Three Bedroom Detached Family Home +
  • Prime Davenport Location +
  • Sold with No Chain +
  • Massive Potential for Renovation +
  • Driveway and Large Private Rear Garden +
  • Two Large Reception Rooms +
  • Close to Local Schools, Transport Links and Amenities +

This charming 3 Bedroom Detached family home is offered to the market with no onward chain. Situated on the desirable Highfield Close, right in the heart of Davenport, the property presents an exciting opportunity for renovation and refurbishment.

The property comprises; an entrance hall leading through into the spacious dining room to the front of the property, with sliding doors into the large generous lounge, with sliding door access to the rear garden. The kitchen to the rear of the property provides access through into the rear garden and also the double garage.

To the first floor; there are three double bedrooms and a family bathroom suite.

Externally, the property boasts ample driveway parking for multiple vehicles, a large private rear garden with a patio seating area.

Contact us today to arrange a viewing. The property offers considerable potential and not one to be missed!

Agent Details

Julian Wadden, Stockport

0161 524 7110

Next Steps?

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