2 Bed Bungalow, Single Let, Bredbury, SK6 2DU, £155,000

20 THE DRIVE, BREDBURY, STOCKPORT, SK6 2DU - 1 views - a month ago

Auction
BTL
ROI: 3%
51 m²
+4 photos

ValuationOvervalued

Sold Prices£103K - £236.5K
Sold Prices/m²£1.5K/m² - £4.1K/m²

 

 

Square Metres

51 m²
Price/m²£3K/m²

Value Estimate

£136,931

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£8,950

Total Cash In

£47,700

 

 

Cash Out

 

Rent Range

£825 - £1,300

Rent Estimate

£775

Running Costs/mo

£659

Cashflow/mo

£116

Cashflow/yr

£1,388

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £103K to £236.5K, average is £175.6K. £1.5K/m² to £4.1K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£187.5K01/210.17 mi36, Sandringham Road, Bredbury, Stockport, Greater Manchester SK6 2EL2
£176.3K03/210.19 mi18, Yew Tree Drive, Bredbury, Stockport, Greater Manchester SK6 2HJ2
£210.5K02/230.24 mi68, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA2
£194K05/230.24 mi58, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA2
£220K06/230.24 mi90, Osborne Street, Bredbury, Stockport, Greater Manchester SK6 2DA2
£175K03/210.29 mi40, Doric Avenue, Bredbury, Stockport, Greater Manchester SK6 2DQ2
£236.5K01/230.31 mi65, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2PD2
£183K03/210.31 mi4, Annable Road, Bredbury, Stockport, Greater Manchester SK6 2DE2
£206K11/200.31 mi17, Fortyacre Drive, Bredbury, Stockport, Greater Manchester SK6 2EZ2
£182K04/210.31 mi92, Annable Road, Bredbury, Stockport, Greater Manchester SK6 2DF2
£187K12/200.33 mi59, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2PD2
£167K05/210.35 mi559, Stockport Road West, Bredbury, Stockport, Greater Manchester SK6 2BS2
£213.5K02/230.36 mi6, Hawthorne Grove, Bredbury, Stockport, Greater Manchester SK6 2PJ2
£150K05/210.36 mi15, Somerset Close, Stockport, Greater Manchester SK5 8DH2
£180K01/230.36 mi2, Somerset Close, Stockport, Greater Manchester SK5 8DH2
£185K07/210.38 mi13, Edward Avenue, Bredbury, Stockport, Greater Manchester SK6 2PQ2
£210K01/230.4 mi33, Marina Road, Bredbury, Stockport, Greater Manchester SK6 2PR2
£189.9K02/210.41 mi44, Woodbank Avenue, Bredbury, Stockport, Greater Manchester SK6 2PE2
£202K07/210.41 mi52, Woodbank Avenue, Bredbury, Stockport, Greater Manchester SK6 2PE2
£160K12/200.41 mi55, Woodbank Avenue, Bredbury, Stockport, Greater Manchester SK6 2PE2
£190K05/210.43 mi10, The Broadway, Bredbury, Stockport, Greater Manchester SK6 2NZ2
£170K02/210.44 mi82, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PB2
£175K12/200.44 mi90, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2PB2
£144.5K02/210.47 mi3, Surrey Way, Stockport, Greater Manchester SK5 8DE2
£196K05/230.5 mi62, Vernon Road, Bredbury, Stockport, Greater Manchester SK6 2NX2
£175K06/230.5 mi70, Vernon Road, Bredbury, Stockport, Greater Manchester SK6 2NX2
£137K10/200.54 mi196, Stockport Road East, Bredbury, Stockport, Greater Manchester SK6 2AQ2
£172K12/200.54 mi11, Kingsway, Bredbury, Stockport, Greater Manchester SK6 2NS2
£200K06/230.65 mi16, Goyt Crescent, Stockport, Greater Manchester SK1 2HA2
£177K01/230.68 mi42, Charlotte Street, Stockport, Greater Manchester SK1 2QH2
£112.5K12/200.68 mi15, Rutland Crescent, Stockport, Greater Manchester SK5 8HU2
£143K11/210.71 mi6, Carrington Road, Stockport, Greater Manchester SK1 2QE2
£128.5K01/210.71 mi6, Trent Close, Stockport, Greater Manchester SK5 8EU2
£140K06/210.71 mi63, Charlotte Street, Stockport, Greater Manchester SK1 2QH2
£187K12/200.71 mi47, Highfield Avenue, Romiley, Stockport, Greater Manchester SK6 3BZ2
£176.3K11/210.72 mi70, Caistor Street, Stockport, Greater Manchester SK1 2LG2
£107K05/210.72 mi78, Caistor Street, Stockport, Greater Manchester SK1 2LG2
£140K12/200.72 mi80, Caistor Street, Stockport, Greater Manchester SK1 2LG2
£155K04/210.74 mi60, Brinnington Road, Stockport, Greater Manchester SK1 2EX2
£103K04/210.74 mi48, River Street, Stockport, Greater Manchester SK1 2QL2
£103K04/210.74 mi48, River Street, Stockport, Greater Manchester SK1 2QL2
£189K06/230.74 mi20, River Street, Stockport, Greater Manchester SK1 2QL2
£180K10/220.74 mi28, River Street, Stockport, Greater Manchester SK1 2QL2
£163K01/230.74 mi18, Westmorland Drive, Stockport, Greater Manchester SK5 8HF2
£124K06/210.75 mi44, Cornwall Crescent, Stockport, Greater Manchester SK5 8HB2
£220.5K10/220.78 mi21, Caistor Street, Stockport, Greater Manchester SK1 2LF2
£173.5K10/220.78 mi14, Yates Street, Stockport, Greater Manchester SK1 2LJ2
£150K07/210.78 mi50, Caistor Street, Stockport, Greater Manchester SK1 2LF2
£165K02/230.79 mi18, Caistor Street, Stockport, Greater Manchester SK1 2LF2
£115K01/210.79 mi30, Northumberland Road, Stockport, Greater Manchester SK5 8LT2

Local Rents

10 rents from £825/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15012/240.29 miPark View, Bredbury, Stockport, Cheshire, SK62
£1,00012/230.32 mi-2
£1,05007/240.33 mi-2
£1,20004/250.33 mi-2
£1,15012/240.34 mi-2
£1,30011/240.49 mi-2
£1,10011/240.49 mi-2
£82508/240.5 miLauren Court, 38 Lower Bents Lane, Bredbury, Stockport, SK62
£87508/240.5 miLauren Court, Bredbury, Stockport, SK62
£1,15012/240.52 mi-2

Local Area Statistics

Population in SK6

50,689

Town centre distance

0.52 miles away

Nearest school

0.20 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £155,000

March 11, 2025

Floor Plans

Description

  • TO BE SOLD BY ONLINE AUCTION +
  • SOUGHT AFTER ESTATE AND LOCATION +
  • DETACHED BUNGALOW WITH DRIVEWAY +
  • VACANT POSSESSION +
  • READY TO MOVE IN CONDITION +
  • FREEHOLD +

TO BE SOLD BY ONLINE AUCTION ON 26TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS. 20 THE DRIVE, BREDBURY, STOCKPORT, SK6 2DU. Are you looking for a well-presented detached property on a sought-after estate in Bredbury? If so, then look no further. This bungalow comprises a hallway, modern kitchen, modern bathroom with a shower, spacious lounge, a double master bedroom with fitted wardrobes, and a double second bedroom that is currently being used as an additional reception room. It also benefits from a driveway, front garden, and a low-maintenance large rear garden. This bungalow is a fantastic option for both investors and those looking for a personal residential home. For landlords, it offers strong rental demand in the area, making it a great investment with minimal effort required before letting. For owner-occupiers, it provides a well-maintained living space in a desirable location. Sold as seen with vacant possession. Gas central heating and uPVC double-glazed windows throughout. VIRTUAL VIEWING AVAILABLE Here are some similar properties taken from Land Registry which have sold close by: 4, Kay Avenue, Stockport, SK6 2HL Sold - 21/10/2024 £265,000 0.13 mi 10, The Drive, Stockport, SK6 2DU Sold - 28/05/2024 £240,000 0.03 mi Similar property rental values in the area are in the region of £1050 - £1100 per month. Situated on a popular and desirable estate in Bredbury, within within walking distance to local amenities, schools and transport links including bus routes to Stockport Town Centre, Bredbury Train Station which gets you into the vibrant Manchester City Centre in under 20 minutes and the M60 motorway which connects you to the rest of the North West. Enquire today.

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

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