2 Bed Terraced House, Cash/Bridging Only, Stalybridge, SK15 1LN, £159,950

Hamilton Street, Stalybridge, SK15 1LN - 2 views - a month ago

Cash
ROI: 3%
~74 m²
+2 photos

ValuationOvervalued

Sold Prices£100K - £235K
Sold Prices/m²£1.2K/m² - £2.9K/m²

 

 

Square Metres

~73.60 m²
Price/m²£2.2K/m²

Value Estimate

£149,266

 

 

End Value (After Refurb)

£155,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£39,988

Stamp Duty & Legal Fees

£9,897

Refurb Costs

£31,023

Bridging Loan Interest

£4,199

Total Cash In

£86,855

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£155,000

Mortgage (After Refinance)

£116,250

Mortgage LTV

75%

Cash Left In

£86,855

Equity

£38,750

Rent Range

£600 - £1,200

Rent Estimate

£887

Running Costs/mo

£682

Cashflow/mo

£205

Cashflow/yr

£2,463

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £100K to £235K, average is £135K. £1.2K/m² to £2.9K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£130K06/230.03 mi67, Hamilton Street, Stalybridge, Greater Manchester SK15 1LN2
£115K12/200.03 mi72, Hamilton Street, Stalybridge, Greater Manchester SK15 1LN2
£120K03/210.03 mi54, Hamilton Street, Stalybridge, Greater Manchester SK15 1LN2
£120K05/210.03 mi78, Hanover Street, Stalybridge, Greater Manchester SK15 1LP2
£138K04/230.03 mi63, Hanover Street, Stalybridge, Greater Manchester SK15 1LP2
£148K02/230.03 mi84, Hanover Street, Stalybridge, Greater Manchester SK15 1LP2
£124.5K12/200.08 mi101, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1DB2
£134K07/230.09 mi17, Hamilton Street, Stalybridge, Greater Manchester SK15 1LL2
£137K01/230.1 mi21, Hanover Street, Stalybridge, Greater Manchester SK15 1LR2
£135K04/230.1 mi48, Hanover Street, Stalybridge, Greater Manchester SK15 1LR2
£126K05/210.1 mi32, Hanover Street, Stalybridge, Greater Manchester SK15 1LR2
£135K03/230.1 mi15, Hanover Street, Stalybridge, Greater Manchester SK15 1LR2
£120K12/200.14 mi11, Stamford Grove, Stalybridge, Greater Manchester SK15 1LZ2
£137K03/210.15 mi20, West Street, Stalybridge, Greater Manchester SK15 1NE2
£235K08/230.17 mi20, Norman Road, Stalybridge, Greater Manchester SK15 1LY2
£144K02/210.17 mi8, Bond Street, Stalybridge, Greater Manchester SK15 1BG2
£165K06/230.18 mi18, Lancaster Avenue, Stalybridge, Greater Manchester SK15 1BT2
£195K04/230.2 mi6, Staveley Avenue, Stalybridge, Greater Manchester SK15 1BQ2
£145K02/210.21 mi23, Staveley Avenue, Stalybridge, Greater Manchester SK15 1BU2
£120K01/210.21 mi16, Gordon Terrace, Stalybridge, Greater Manchester SK15 1AX2
£158K02/210.24 mi2, Holland Avenue, Stalybridge, Greater Manchester SK15 1AY2
£155K08/210.26 mi34, Wakefield Road, Stalybridge, Greater Manchester SK15 1AJ2
£100K05/210.29 mi25, Cambridge Street, Stalybridge, Greater Manchester SK15 1AZ2
£130K01/230.37 mi83, Wakefield Road, Stalybridge, Greater Manchester SK15 1AB2
£130K04/210.37 mi35, Cocker Hill, Stalybridge, Greater Manchester SK15 1AA2
£152.5K02/230.38 mi101, Wakefield Road, Stalybridge, Greater Manchester SK15 1AB2
£118.5K02/210.45 mi5, Higher Tame Street, Stalybridge, Greater Manchester SK15 3AS2
£115K02/210.49 mi58, Knowl Street, Stalybridge, Greater Manchester SK15 3AJ2
£141K06/210.5 mi25, Hob Hill, Stalybridge, Greater Manchester SK15 1TP2
£130K02/210.52 mi25, Argyll Street, Ashton-under-lyne, Greater Manchester OL6 6RQ2
£122.5K01/210.52 mi16, Edward Street, Ashton-under-lyne, Greater Manchester OL6 6RF2
£138.3K10/210.52 mi19, Chadwick Street, Ashton-under-lyne, Greater Manchester OL6 6RE2
£125K11/200.52 mi5, Chadwick Street, Ashton-under-lyne, Greater Manchester OL6 6RE2
£122K01/210.52 mi22, Chadwick Street, Ashton-under-lyne, Greater Manchester OL6 6RE2
£145K03/210.53 mi5, Bradley Fold, Stalybridge, Greater Manchester SK15 2QE2
£110K11/220.53 mi13, Huddersfield Road, Stalybridge, Greater Manchester SK15 2QA2
£157K11/220.54 mi16, Reyner Street, Ashton-under-lyne, Greater Manchester OL6 6RU2
£139K04/210.54 mi13, Arundel Street, Ashton-under-lyne, Greater Manchester OL6 6RD2
£123K06/210.55 mi12, Huddersfield Road, Stalybridge, Greater Manchester SK15 2QA2
£115K04/210.55 mi2, Reyner Street, Ashton-under-lyne, Greater Manchester OL6 6RU2
£155K12/220.56 mi38, Reyner Street, Ashton-under-lyne, Greater Manchester OL6 6RU2
£140K11/210.57 mi36, Audley Street, Mossley, Ashton-under-lyne, Greater Manchester OL6 6RB2
£126K03/210.57 mi12, Corkland Street, Ashton-under-lyne, Greater Manchester OL6 6QT2
£108K08/230.57 mi8, Corkland Street, Ashton-under-lyne, Greater Manchester OL6 6QT2
£151K05/230.57 mi42, Audley Street, Ashton-under-lyne, Greater Manchester OL6 6RB2
£200K11/220.58 mi1, St James Street, Ashton-under-lyne, Greater Manchester OL6 6SE2
£160K06/210.58 mi4, Rayners Close, Stalybridge, Greater Manchester SK15 1TJ2
£173K06/230.58 mi5, Frederick Street, Ashton-under-lyne, Greater Manchester OL6 6RY2
£185K09/230.6 mi30, Hutton Avenue, Ashton-under-lyne, Greater Manchester OL6 6QY2
£128K07/230.6 mi6, Tatton Street, Stalybridge, Greater Manchester SK15 2LL2

Local Rents

35 rents from £600/mo to £1.2K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£96504/250.07 mi-2
£99508/240.27 mi-2
£99503/250.3 mi-2
£70001/250.3 mi-2
£69511/230.31 miRegency Court, Waterloo Road, Stalybridge, SK152
£1,10008/240.34 miCastle Street, Stalybridge, Greater Manchester, SK152
£1,20012/240.36 mi-2
£95010/240.37 mi-2
£1,10010/240.37 mi-2
£69508/240.38 mi-2
£75002/250.38 mi-2
£75004/250.38 mi-2
£79508/240.41 mi-2
£80008/240.46 miPortland Place Mottram Road, Stalybridge, Cheshire, SK152
£87510/240.48 mi-2
£95007/240.48 miThrostles Nest Mellor Road, Ashton-Under-Lyne, Lancashire, OL62
£95007/240.48 miMellor Road, Ashton-under-Lyne, Greater Manchester, OL62
£83508/240.48 miKnowl Street, Stalybridge2
£89506/240.5 miArgyll Street, Ashton-under-Lyne, Greater Manchester, OL62
£60002/240.51 mi-2
£87508/240.51 miGladstone Mill, Stalybridge2
£89507/240.51 mi7 Edward Street, Ashton-under-Lyne, OL6 6RF2
£90008/240.52 miEdward Street, Ashton-Under-Lyne, OL62
£90007/240.52 miChadwick Street, Ashton-Under-Lyne, OL62
£92506/240.54 miArundel Street, Ashton-under-Lyne, OL62
£85008/240.55 miStalybridge, SK152
£85008/240.55 miArundel Street, Ashton-u-Lyne2
£89504/250.55 mi-2
£80008/240.55 miHuddersfield Road, Stalybridge2
£95010/240.55 mi-2
£95004/250.57 mi-2
£95003/250.57 mi-2
£90012/240.6 mi-2
£89508/240.62 miCecil Street, Stalybridge, Greater Manchester, SK152
£92503/250.62 mi-2

Local Area Statistics

Population in SK15

27,625

Town centre distance

0.75 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £159,950

March 17, 2025

Floor Plans

Description

  • No Vendor Chain +
  • Two Bedrooms +
  • Conveniently Located +
  • Loft Room +
  • Yard To Rear +
  • Viewing Essential +

A two-bedroom mid-terrace property offered with no vendor chain, situated in a highly convenient location in Stalybridge. Within walking distance of Stalybridge Train Station and close to Stamford Park, this home is perfectly positioned for easy access to transport links, schools, shops, and other local amenities.

The ground floor features an entrance vestibule leading into the lounge, offering a comfortable and inviting living space. The fitted kitchen to the rear provides ample storage and workspace, with access to the rear yard.

On the first floor, there are two well-proportioned bedrooms and a family bathroom with a three-piece suite. The second floor boasts a versatile loft room.

Externally, the property benefits from a rear yard, providing an outdoor space perfect for relaxation.

With its prime location and great potential, this home is an excellent opportunity for first-time buyers looking to step onto the property ladder or investors seeking a buy-to-let investment in a sought-after area. Viewing Highly Recommended

Ground Floor -

Entrance Vestibule - Door to front, door leading to:

Lounge - 3.91m x 4.11m (12'10" x 13'6") - Double glazed window to front, feature fireplace with inset living flame effect fire, radiator, door leading to:

Kitchen - 3.82m x 4.11m (12'6" x 13'6") - Fitted with a matching range of base and eye level units, inset sink and drainer with mixer tap, tiled splashbacks, plumbing for washing machine, space for fridge/freezer, space for tumble dryer, built-in oven, built-in hob with extractor hood over, double glazed window to rear, radiator, stairs leading to first floor.

First Floor -

Landing - Radiator, doors leading to:

Bedroom 1 - 3.91m x 4.11m (12'10" x 13'6") - Double glazed window to front, radiator.

Bedroom 2 - 2.88m x 2.54m (9'5" x 8'4") - Double glazed window to rear, radiator.

Bathroom - 2.08m x 1.37m (6'10" x 4'6") - Three piece suite comprising panelled bath with shower over, wash hand basin and low-level WC, part tiled walls, double glazed window to rear, radiator.

Second Floor -

Loft Room - 2.27m x 4.11m (7'5" x 13'5" ) - Double glazed velux window to rear.

Outside - Yard to rear.

Disclaimer - Home Estate Agents believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof. The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/her self of all measurements prior to purchase.

Before we can accept an offer for any property we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property we will require proof of funds. You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.

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Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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