2 Bed Flat, Refurb/BRRR, Stockport, SK5 8AP, £56,000

5A FOLIAGE ROAD, BRINNINGTON, STOCKPORT, SK5 8AP - 19 days ago

Sold STC
Leasehold
Auction
Refurb/BRRR
ROI: 4%
64 m²
+2 photos

ValuationFair Value

Sold Prices£74.5K - £300K
Sold Prices/m²£1.4K/m² - £4.9K/m²

 

 

Square Metres

64 m²
Price/m²£875/m²

Value Estimate

£56,000

 

 

End Value (After Refurb)

£141,395

Uplift in Value

+152%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£14,000

Stamp Duty & Legal Fees

£4,000

Refurb Costs

£27,062

Bridging Loan Interest

£1,470

Total Cash In

£48,282

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£141,395

Agent Fees (1%)

£1,414

Bridging Loan

£42,000

Bridging Loan Interest

£1,470

Flip Profit

£49,700

Local Sold Prices

50 sold prices from £74.5K to £300K, average is £141.8K. £1.4K/m² to £4.9K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£138K03/230.67 mi37, Broomfield Drive, Stockport, Greater Manchester SK5 7DR2
£141K03/230.93 miApartment 14, Alder Heights, New Zealand Road, Stockport, Greater Manchester SK1 4AG2
£90K01/211.32 mi60a, Gorton Road, Stockport, Greater Manchester SK5 6AH2
£197K05/231.34 miFlat 307, Houldsworth Mill, Waterhouse Way, Reddish, Stockport, Greater Manchester SK5 6DD2
£120K02/211.34 mi7, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£100K12/201.35 mi4, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£120K04/211.35 mi2, Chamberlain Gardens, Bredbury, Stockport, Greater Manchester SK6 1BR2
£166K09/211.35 mi18, West Meadow, Stockport, Greater Manchester SK5 6XR2
£127K12/211.35 mi19, West Meadow, Stockport, Greater Manchester SK5 6XR2
£140K09/221.35 mi23, West Meadow, Stockport, Greater Manchester SK5 6XR2
£130K04/211.38 mi35, Tarvin Avenue, Stockport, Greater Manchester SK4 5LG2
£130K08/211.39 mi40, Stitch Lane, Stockport, Greater Manchester SK4 2LS2
£210K11/201.4 mi23, Birchall Green, Woodley, Stockport, Greater Manchester SK6 1RZ2
£300K06/211.41 mi19a, Offerton Lane, Stockport, Greater Manchester SK2 5AA2
£185K12/221.43 mi23, Earl Street, Stockport, Greater Manchester SK3 9JZ2
£80K04/211.45 mi67, Mill Lane, Woodley, Stockport, Greater Manchester SK6 1QJ2
£160K08/221.48 mi31, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£162.3K10/221.48 mi76, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£148K02/231.48 mi43, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£156K06/231.48 mi59, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K09/211.48 mi34, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K01/231.48 mi83, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K01/231.48 mi1, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K01/231.48 mi72, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£140K07/211.48 mi35, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£144K01/211.48 mi48, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£74.5K06/211.48 mi37, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£137.5K03/211.48 mi47, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£145K04/231.48 mi63, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£153.5K03/231.48 mi86, Hatters Court, Stockport, Greater Manchester SK1 3EB2
£108.5K01/211.49 miFlat 112, Victoria Mill, Houldsworth Street, Reddish, Stockport, Greater Manchester SK5 6AX2
£200K01/231.49 miFlat 172, Victoria Mill, Houldsworth Street, Reddish, Stockport, Greater Manchester SK5 6AX2
£120K06/211.52 mi62, Marsland Terrace, Stockport, Greater Manchester SK1 4PZ2
£142.5K10/221.55 mi43, Oldham Drive, Bredbury, Stockport, Greater Manchester SK6 1HD2
£222.5K11/221.61 miFlat 4a, Harrytown Hall, Harrytown, Romiley, Stockport, Greater Manchester SK6 3BT2
£136K05/211.78 mi8, Moreton Lane, Stockport, Greater Manchester SK2 5SW2
£177.5K01/231.78 mi49g, Crescent Park, Stockport, Greater Manchester SK4 2JD2
£205K03/211.8 miFlat 4, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£200K03/211.8 miFlat 12, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£151K06/221.81 mi5, Danebank Mews, Denton, Manchester, Greater Manchester M34 2JN2
£133K12/221.82 mi1, Danebank Mews, Denton, Manchester, Greater Manchester M34 2JN2
£144K10/211.83 mi36e, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£184.9K05/231.83 mi56g, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£167.5K05/211.83 mi56f, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£125K02/211.84 mi118a, Lowndes Lane, Stockport, Greater Manchester SK2 6DH2
£132K01/231.85 miFlat 20, Springbank Court, Manor Road, Woodley, Stockport, Greater Manchester SK6 1RW2
£135K05/221.85 mi90, Cromwell Avenue, Denton, Stockport, Greater Manchester SK5 6GB2
£235K10/201.86 mi32, Colchester Place, Stockport, Greater Manchester SK4 2NY2
£290K06/211.86 mi28, Colchester Place, Stockport, Greater Manchester SK4 2NY2
£155K09/221.86 mi66, Cromwell Avenue, Denton, Stockport, Greater Manchester SK5 6GB2

Local Rents

16 rents from £795/mo to £1.2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95012/240.43 miGoyt Road, Stockport, Cheshire, SK12
£1,09502/250.49 mi-2
£95008/240.49 miCrescent Road, Stockport2
£90008/240.5 mi-2
£92508/240.5 miCaistor Street, Portwood, Stockport2
£1,00008/240.5 mi-2
£89503/250.52 mi-2
£1,05012/240.52 mi-2
£95012/240.54 mi-2
£79502/250.55 mi-2
£1,17508/240.55 mi-2
£1,17508/240.55 miCaistor Street, Stockport, SK12
£1,15003/250.56 mi-2
£95012/240.57 mi-2
£1,00011/230.58 miRiver Street, Stockport, Cheshire, SK12
£95012/240.58 miWerneth Street, Stockport2

Local Area Statistics

Population in SK5

29,538

Population in Stockport

181,140

Town centre distance

2.44 miles away

Nearest school

0.10 miles away

Nearest train station

0.56 miles away

 

 

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £56,000

March 14, 2025

Floor Plans

Description

  • TO BE SOLD BY ONLINE AUCTION +
  • TWO BEDROOMS +
  • INVESTMENT POTENTIAL +
  • HIGH RENTAL YIELD POTENTIAL +
  • VACANT POSSESSION +
  • EPC RATING C +

TO BE SOLD BY ONLINE AUCTION ON 26TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS 5A FOLIAGE ROAD, BRINNINGTON, STOCKPORT, SK5 8AP A rare investment opportunity—this two-bedroom ground-floor flat in Brinnington offers outstanding potential for high rental yields and strong capital growth. Situated in a high-demand rental area, this property is perfect for buy-to-let investors looking to maximize returns. While it requires renovation, the property has been stripped back, providing a blank canvas for buyers to renovate and add their own style, with the opportunity to add value and achieve substantial rental income. The property comprises an entrance hall, a spacious lounge, two generous double bedrooms, a kitchen, a bathroom, and a storage room. Ideal for buy-to-let landlords, first-time buyers or anybody eager to step onto the property ladder with an asset that offers great long-term value. VIRTUAL VIEWING AVAILABLE Sold as seen in vacant possession. EPC Rating C Once refurbished, similar properties in the area achieve rental incomes in the region of £700 - £900 per month, making this a highly lucrative investment. Conveniently located close to Stockport Town Centre, the property benefits from a range of amenities. For commuters, Brinnington Train Station provides direct access to Manchester City Centre in under 20 minutes, while the nearby M60 motorway ensures excellent connectivity across the North West. Don’t miss out on this outstanding investment opportunity—register your interest 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 💪

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