3 Bed Terraced House, Refurb/BRRR, Stockport, SK5 7QU, £270,000

Reddish Road, Stockport, Cheshire, SK5 7QU - 23 days ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£135K - £345K
Sold Prices/m²£1.6K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£245,461

 

 

End Value (After Refurb)

£237,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Refurb Costs

£39,324

Bridging Loan Interest

£7,088

Total Cash In

£131,362

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£237,500

Mortgage (After Refinance)

£178,125

Mortgage LTV

75%

Cash Left In

£131,362

Equity

£59,375

Rent Range

£950 - £2,200

Rent Estimate

£1,278

Running Costs/mo

£1,018

Cashflow/mo

£260

Cashflow/yr

£3,123

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £135K to £345K, average is £237.5K. £1.6K/m² to £4.1K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£135.5K04/230.03 mi62, Reddish Road, Stockport, Greater Manchester SK5 7QU3
£195K06/230.04 mi14, Clare Road, Stockport, Greater Manchester SK5 7QW3
£187K03/210.07 mi117, Bangor Street, Stockport, Greater Manchester SK5 7QA3
£193K06/230.1 mi10a, Reddish Road, Stockport, Greater Manchester SK5 7PE3
£240K08/210.11 mi68, Greg Street, Stockport, Greater Manchester SK5 7LB3
£190K11/210.11 mi39, Gair Road, Stockport, Greater Manchester SK5 7LH3
£180K04/230.12 mi25, Cabot Place, Stockport, Greater Manchester SK5 7PD3
£262K01/230.13 mi22, Woodhall Road, Stockport, Greater Manchester SK5 7QH3
£165K07/210.15 mi7, Beechwood Avenue, Stockport, Greater Manchester SK5 7QD3
£135K02/210.16 mi70, Frobisher Place, Stockport, Greater Manchester SK5 7PF3
£145K02/210.16 mi55, Frobisher Place, Stockport, Greater Manchester SK5 7PF3
£178K11/200.17 mi10, Acacia Grove, Stockport, Greater Manchester SK5 7QE3
£193K12/220.17 mi5, Acacia Grove, Stockport, Greater Manchester SK5 7QE3
£179.3K02/210.18 mi11, Bollin Walk, Stockport, Greater Manchester SK5 7JW3
£250K02/210.18 mi124, Reddish Road, Stockport, Greater Manchester SK5 7JG3
£190K02/210.19 mi1, Woodhall Road, Stockport, Greater Manchester SK5 7QB3
£185K10/210.2 mi8, Colwyn Crescent, Stockport, Greater Manchester SK5 7LL3
£207K02/230.22 mi14, Dane Walk, Stockport, Greater Manchester SK5 7JN3
£160K04/210.24 mi13, Ashdale Close, Stockport, Greater Manchester SK5 7JP3
£148.5K03/210.24 mi3, Ashdale Close, Stockport, Greater Manchester SK5 7JP3
£255K04/210.26 mi14, Birkdale Road, Stockport, Greater Manchester SK5 7LU3
£237.5K12/220.26 mi10, Severn Way, Stockport, Greater Manchester SK5 7JJ3
£262.5K03/230.28 mi42, Fairford Way, Stockport, Greater Manchester SK5 7NG3
£182.5K10/200.31 mi14, Baslow Grove, Stockport, Greater Manchester SK5 7NJ3
£255K06/230.38 mi54, Mayfield Grove, South Reddish, Stockport, Greater Manchester SK5 7JB3
£317.5K10/200.38 mi30, Mayfield Grove, South Reddish, Stockport, Greater Manchester SK5 7JB3
£330K12/200.38 mi220, Manchester Road, Stockport, Greater Manchester SK4 1NN3
£270K11/200.39 mi6, Horace Grove, Stockport, Greater Manchester SK4 1PP3
£266K02/230.4 mi10, Mayfield Grove, South Reddish, Stockport, Greater Manchester SK5 7JB3
£275K02/210.41 mi22, Kingsley Avenue, Stockport, Greater Manchester SK4 1PW3
£242.5K12/200.42 mi23, Bryn Drive, Stockport, Greater Manchester SK5 7JD3
£273K12/200.42 mi123, Manchester Road, Stockport, Greater Manchester SK4 1NL3
£285K02/210.42 mi115, Manchester Road, Stockport, Greater Manchester SK4 1NL3
£247K02/230.43 mi3, Bournville Avenue, Stockport, Greater Manchester SK4 1PR3
£250K12/200.43 mi14, Bournville Avenue, Stockport, Greater Manchester SK4 1PR3
£345K01/230.44 mi59, Three Acres Drive, Stockport, Greater Manchester SK5 7NE3
£237.5K01/210.45 mi9, Colin Road, Stockport, Greater Manchester SK4 1NJ3
£300K07/230.45 mi9, Colin Road, Stockport, Greater Manchester SK4 1NJ3
£290K04/210.46 mi2, St Marys Drive, Stockport, Greater Manchester SK5 7AX3
£166K03/210.48 mi55, Old Road, Stockport, Greater Manchester SK4 1TD3
£226K04/210.49 mi35, Broadstone Hall Road South, Stockport, Greater Manchester SK5 7DQ3
£270K12/220.49 mi186, Lloyd Street, Stockport, Greater Manchester SK4 1NH3
£220K03/210.49 mi24, Woodville Grove, Stockport, Greater Manchester SK5 7HU3
£220K03/210.49 mi24, Woodville Grove, Stockport, Greater Manchester SK5 7HU3
£242.5K03/210.55 mi34, Empress Drive, Stockport, Greater Manchester SK4 2RW3
£217K04/210.55 mi9, Empress Drive, Stockport, Greater Manchester SK4 2RW3
£253.5K09/210.55 mi7, Empress Drive, Stockport, Greater Manchester SK4 2RW3
£275K08/210.57 mi10, Bollington Road, Stockport, Greater Manchester SK4 5ET3
£260K04/210.57 mi3, Bollington Road, Stockport, Greater Manchester SK4 5ET3
£166K11/200.58 mi37, Lloyd Street, Stockport, Greater Manchester SK4 1NE3

Local Rents

48 rents from £950/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15008/240.03 miMelton Street, Stockport, Greater Manchester, SK53
£1,10008/240.22 mi-3
£1,10008/240.22 miPearson Street, Stockport, SK53
£1,25008/240.37 miMeadow Mill, Water Street, Stockport3
£1,40009/240.43 miLower moat close SK43
£1,15002/240.58 mi-3
£95008/240.6 miBrinnington Road,Stockport,SK13
£1,50008/240.61 miGreen Bank Terrace, Stockport, Greater Manchester, SK43
£1,15012/240.62 mi-3
£1,05008/240.66 miConiston Road, Reddish, SK53
£1,50009/240.74 miWhirley Close, Heaton Chapel, Stockport3
£1,25009/240.82 miBrinnington Road, Brinington, Stockport3
£1,20011/240.82 mi-3
£1,10012/240.84 mi-3
£1,20008/240.85 miVernon Avenue; Stockport; SK13
£1,25003/250.91 mi-3
£1,10008/240.92 miMayorlowe Avenue, Brinnington, Stockport, SK53
£2,20004/250.92 mi-3
£97509/240.92 miWestminster Avenue, Stockport3
£1,20009/240.94 miHurst Street, Reddish, Stockport, SK53
£1,15008/240.95 mi-3
£2,00008/240.95 miEgerton Road North, Heaton Moor, Stockport3
£1,37509/240.98 mi4Weston Grove, Stockport, Greater Manchester, SK43
£1,35008/241 miTurncroft Lane, Offerton3
£1,35008/241 miTurncroft Lane, Offerton, SK13
£1,19502/251.01 mi-3
£1,50008/241.03 miNursery Road, Heaton Norris, Stockport3
£1,45008/241.04 miVictoria Mill, Houldsworth Street, Reddish, Greater Manchester, SK53
£1,45009/241.04 miVictoria Mill, Houldsworth Street, Reddish, Greater Manchester, SK53
£99512/241.05 miGlebe Street, Offerton3
£1,30008/241.05 mi-3
£1,25008/241.06 miBlackbrook Road, Heaton Chapel, Stockport, SK43
£1,25011/241.09 mi-3
£1,35004/251.09 mi-3
£1,20011/231.1 mi-3
£1,29510/241.1 mi-3
£1,35012/241.1 miSandringham Road, Stockport, SK6 2EL3
£1,15009/241.13 miLuton Road, Reddish, Stockport, SK53
£1,20011/231.13 mi-3
£95012/231.13 mi-3
£1,25008/241.13 mi-3
£1,25002/251.13 mi-3
£1,25008/241.13 miBlackberry Lane, Stockport, SK53
£1,60001/251.17 mi-3
£1,55004/251.17 mi-3
£1,35008/241.17 miSandringham Road, Bredbury, Stockport, Cheshire, SK63
£1,25002/241.18 mi-3
£1,98008/241.18 mi-3

Local Area Statistics

Population in SK5

29,538

Population in Stockport

181,140

Town centre distance

2.54 miles away

Nearest school

0.10 miles away

Nearest train station

0.94 miles away

 

 

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £270,000

March 10, 2025

Floor Plans

Description

  • THREE BEDROOM TERRACED PROPERTY WITH TWO GENEROUS DOUBLES +
  • CLOSE TO LOCAL AMENITIES +
  • MODERNISED KITCHEN WITH BREAKFAST BAR +
  • TWO CAR DRIVE AT REAR +
  • SOUTH-EAST FACING GARDEN WITH DECKING +
  • SIZEABLE DINING AND LIVING ROOM +
  • BUILT-IN STORAGE IN MASTER BEDROOM +
  • GORGEOUSLY DECORATED THROUGHOUT +
  • BEAUTIFULLY TILED THREE PIECE BATHROOM +
  • CELLAR STORAGE +

A beautifully presented, three bedroom terraced property with brilliant modernisation and spacious living accommodation throughout; which includes spacious living room leading into a diner, modern kitchen, two generous double bedrooms, single bedroom and a stunning three piece family bathroom, double glazing throughout and cellar storage.

Upon entry to the ground floor of this property you are greeted with spacious diner space entailing a stunning gas fireplace, leading into the beautifully decorated living area with bay fronted windows. Following through into the modernised kitchen which comprises of; underfloor heating, breakfast bar area, integrated appliances including; built-in oven, electric hob, fridge, freezer, washing machine, dishwasher and wine cooler.

Following into the gorgeously decorated first floor accommodation; two sizeable double bedrooms and a single bedroom which can also be used as an office or study, the master bedroom including a built-in wardrobe allowing for spacious storage. A stunningly tiled three piece family bathroom which entails an over head shower and bath, WC, wash basin and built in shelving storage.

At the rear of the property; an easy to maintain south-east facing garden, sheltered decking which allows side access into the diner area, raised decking section brilliant for garden furniture and passage into the properties rear driveway allowing space for up to two cars.

Tenure - Freehold EPC Rating - D Council Tax Band - B

Estimated Broadband Speed Overall - 1000 Mpbs Mobile Phone Coverage - Limited to Likely Has the property flooded in the last five years - No

Property construction - Brick

Utilities: Water supply - Mains Electricity Supply - Mains Sewerage - Mains Heating - Gas central heating

Parking - Two Car Drive to the rear

Agent Details

Lawler & Co, Hyde

0161 524 6772

Next Steps?

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