2 Bed Terraced House, Single Let, Stockport, SK3 9EY, £120,000

5 ST MATTHEWS TERRACE, EDGELEY, STOCKPORT, SK3 9EY. - 4 views - 2 months ago

Auction
BTL
ROI: 10%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£130K - £245K
Sold Prices/m²£1.5K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£144,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£900 - £1,300

Rent Estimate

£900

Running Costs/mo

£575

Cashflow/mo

£325

Cashflow/yr

£3,900

ROI

10%

Gross Yield

9%

Local Sold Prices

53 sold prices from £130K to £245K, average is £183K. £1.5K/m² to £3.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£145K02/210.05 mi33, Stopford Street, Stockport, Greater Manchester SK3 9HE2
£130K07/210.06 mi12, Derby Street, Stockport, Greater Manchester SK3 9HF2
£182.5K09/230.07 mi15, Derby Street, Stockport, Greater Manchester SK3 9HF2
£182.5K09/230.07 mi15, Derby Street, Stockport, Greater Manchester SK3 9HF2
£165K10/200.08 mi7, Atherton Street, Stockport, Greater Manchester SK3 9JN2
£176K10/210.09 mi2a, Derby Street, Stockport, Greater Manchester SK3 9HF2
£189.9K12/200.1 mi13, Hartley Street, Stockport, Greater Manchester SK3 9JW2
£195.5K11/200.1 mi1, Fox Street, Stockport, Greater Manchester SK3 9EL2
£186K03/230.11 mi132, Old Chapel Street, Stockport, Greater Manchester SK3 9JL2
£166.5K04/230.11 mi167, Old Chapel Street, Stockport, Greater Manchester SK3 9JL2
£176.5K01/210.11 mi67, Bowdon Street, Stockport, Greater Manchester SK3 9HG2
£245K04/230.12 mi123, Chatham Street, Stockport, Greater Manchester SK3 9JT2
£137.5K11/200.12 mi11, Torkington Street, Stockport, Greater Manchester SK3 9JS2
£156.5K11/200.12 mi52, Torkington Street, Stockport, Greater Manchester SK3 9JS2
£242.5K01/230.12 mi20, Torkington Street, Stockport, Greater Manchester SK3 9JS2
£150K02/210.13 mi6, Greenhill Street, Stockport, Greater Manchester SK3 9JP2
£130K01/210.14 mi8, Herbert Street, Stockport, Greater Manchester SK3 9BU2
£135K03/210.14 mi17, Herbert Street, Stockport, Greater Manchester SK3 9BU2
£140K04/210.14 mi2, Herbert Street, Stockport, Greater Manchester SK3 9BU2
£148K09/210.14 mi19, Herbert Street, Stockport, Greater Manchester SK3 9BU2
£193.3K11/210.15 mi2, Earl Street, Stockport, Greater Manchester SK3 9JZ2
£192K04/230.15 mi2, Aberdeen Crescent, Stockport, Greater Manchester SK3 9EJ2
£220K09/230.15 mi22, Aberdeen Crescent, Stockport, Greater Manchester SK3 9EJ2
£220K09/230.15 mi22, Aberdeen Crescent, Stockport, Greater Manchester SK3 9EJ2
£167K05/210.15 mi161, Chatham Street, Stockport, Greater Manchester SK3 9JU2
£167K06/210.15 mi159, Chatham Street, Stockport, Greater Manchester SK3 9JU2
£201K07/210.15 mi30, Aberdeen Crescent, Stockport, Greater Manchester SK3 9EP2
£195K12/220.16 mi26, Mahood Street, Stockport, Greater Manchester SK3 9BP2
£192K03/210.16 mi16, Chatham Street, Stockport, Greater Manchester SK3 9ED2
£193K04/230.17 mi12, Dale Street, Stockport, Greater Manchester SK3 9QA2
£175K12/210.17 mi4, Pitt Street, Stockport, Greater Manchester SK3 9EH2
£177K05/230.17 mi12, Pitt Street, Stockport, Greater Manchester SK3 9EH2
£150K03/210.17 mi16, Arnold Street, Stockport, Greater Manchester SK3 9BN2
£163K01/210.18 mi49, Carmichael Street, Stockport, Greater Manchester SK3 9JR2
£175K06/230.18 mi52, Carmichael Street, Edgeley, Stockport, Greater Manchester SK3 9JR2
£183.2K07/230.18 mi41, Carmichael Street, Edgeley, Stockport, Greater Manchester SK3 9JR2
£145K11/200.18 mi5, Jennings Street, Stockport, Greater Manchester SK3 9BX2
£196.5K02/210.18 mi6, Jennings Street, Stockport, Greater Manchester SK3 9BX2
£215K01/210.19 mi5, Hardcastle Road, Stockport, Greater Manchester SK3 9BY2
£201.3K03/210.19 mi31, Hardcastle Road, Stockport, Greater Manchester SK3 9BY2
£215K05/210.19 mi37, Hardcastle Road, Stockport, Greater Manchester SK3 9BY2
£185K07/210.19 mi39, Hardcastle Road, Stockport, Greater Manchester SK3 9BY2
£230.8K08/210.19 mi13, Hardcastle Road, Stockport, Greater Manchester SK3 9BY2
£160K01/210.19 mi75, York Street, Stockport, Greater Manchester SK3 9EQ2
£168K10/200.19 mi70, Adelaide Road, Stockport, Greater Manchester SK3 9LP2
£175K07/210.19 mi85, Adelaide Road, Edgeley, Stockport, Greater Manchester SK3 9LP2
£198K08/230.19 mi48, Adelaide Road, Edgeley, Stockport, Greater Manchester SK3 9LP2
£198K08/230.19 mi48, Adelaide Road, Edgeley, Stockport, Greater Manchester SK3 9LP2
£183K05/210.21 mi23, Gradwell Street, Stockport, Greater Manchester SK3 0DL2
£217.5K04/230.21 mi49, Bloom Street, Stockport, Greater Manchester SK3 9LE2
£212.5K12/220.21 mi8, Yule Street, Stockport, Greater Manchester SK3 9LB2
£217.5K03/230.22 mi20, Yule Street, Stockport, Greater Manchester SK3 9LB2
£238K07/210.23 mi195, Old Chapel Street, Stockport, Greater Manchester SK3 9LR2

Local Rents

50 rents from £900/mo to £1.3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£99508/240.03 miOld Chapel Street, Stockport, Cheshire, SK32
£90008/240.03 mi-2
£97508/240.05 mi-2
£1,02008/240.05 mi-2
£99504/250.05 mi-2
£99511/240.06 mi-2
£1,05008/240.06 mi-2
£1,30012/240.1 miHartley Street, Edgeley, Stockport, Greater Manchester, SK32
£1,15008/240.1 mi-2
£97512/240.11 mi-2
£92508/240.12 miTorkington Street,Edgeley SK32
£92502/250.13 mi-2
£1,05012/240.13 miChatham Street, Edgeley, Stockport, SK32
£1,00012/240.13 mi-2
£97503/250.14 mi-2
£1,15011/240.14 mi-2
£99504/250.15 mi-2
£1,00001/250.15 mi-2
£1,00001/250.15 mi-2
£90008/240.15 miTorkington Street, Edgeley, Stockport, SK32
£95012/240.15 mi-2
£1,15012/240.17 miHarper Street, Stockport, Greater Manchester, SK32
£1,10012/240.17 miHarper Street, Stockport, Cheshire, SK32
£99508/240.18 miMercian Way, Stockport, Cheshire, SK32
£97508/240.18 miJennings Street, Edgeley2
£90012/240.19 mi-2
£1,14001/250.2 mi-2
£97512/240.21 mi-2
£1,19504/250.22 mi-2
£99512/240.23 mi-2
£95012/240.23 miAdelaide Road, Edgeley, Stockport2
£95008/240.23 miCastle street, Edgeley SK32
£1,00012/240.23 miCastle street Edgeley, SK32
£99501/250.23 mi-2
£99508/240.24 miChelmsford Road, Edgeley, Stockport2
£1,10012/240.24 miFarr Street, Stockport, SK32
£97511/240.25 mi-2
£1,10012/240.25 mi-2
£1,10012/240.26 mi-2
£1,20012/240.26 mi-2
£1,20012/240.26 miEldon Road, Stockport2
£1,05012/240.27 mi-2
£99508/240.27 miFreemantle Street, Edgeley, Stockport, SK32
£99508/240.27 miFreemantle Street, Edgeley , Stockport2
£1,20007/240.33 mi-2
£99508/240.35 miNorthgate Road, Stockport2
£1,20004/250.35 mi-2
£1,20008/240.36 mi-2
£99511/230.37 miThomson Street, Edgeley, Stockport, SK32
£1,00012/240.38 miFlorist Street, Stockport2

Local Area Statistics

Population in SK3

27,923

Population in Stockport

181,140

Town centre distance

1.92 miles away

Nearest school

0.10 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £120,000

March 11, 2025

Floor Plans

Description

  • TO BE SOLD BY ONLINE AUCTION +
  • TWO BEDROOMS +
  • DESIRABLE LOCATION +
  • HUGE INVESTMENT POTENTIAL +
  • STRONG RENTAL INCOME PRODUCING AREA +
  • VACANT POSSESSION +

TO BE SOLD BY ONLINE AUCTION ON 26TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS. 5 ST MATTHEWS TERRACE, EDGELEY, STOCKPORT, SK3 9EY. This two-bedroom terrace property presents a great investment opportunity in the heart of Edgeley, offering attractive rental potential for buy-to-let landlords, investors or those looking to add to their portfolio. The property comprises two well-proportioned reception rooms, a kitchen, two bedrooms, and a bathroom. On-road parking is available at the rear and the property offers stunning views of St. Matthew’s Church! Sold as seen with vacant possession EPC rating E. VIRTUAL VIEWING AVAILABLE Similar property rental values in the area are in the region of £1050 - £1150 per month. Here are some similar properties taken from Land Registry which have sold close by: 1a, Stopford Street, Stockport, SK3 9HE Sold - 25/10/2024 £205,500 08 mi 37, Stopford Street, Stockport, SK3 9HE Sold - 01/08/2024 £200,000 0.04 mi 25, St Matthews Road, Stockport, SK3 9AN Sold - 07/08/2024 £182,500 0.06 mi Located within a 15-minute walk of Stockport town centre, the property benefits from easy access to a range of independent shops, cafes, bars, restaurants, and supermarkets, including Merseyway Shopping Centre. Excellent transport links are available via Stockport Train Station and the nearby Bus Interchange, providing direct connections to Manchester and surrounding areas. A well-located property with strong rental demand— register your interest today!

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

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