2 Bed Terraced House, Refurb/BRRR, Stockport, SK1 3JR, £180,000

Charles Street, Stockport, SK1 3JR - 3 views - a month ago

Refurb/BRRR
ROI: 4%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£120K - £255K
Sold Prices/m²£1.9K/m² - £4.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£136,425

 

 

End Value (After Refurb)

£172,070

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Refurb Costs

£28,758

Bridging Loan Interest

£4,725

Total Cash In

£90,433

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£172,070

Mortgage (After Refinance)

£129,052

Mortgage LTV

75%

Cash Left In

£90,433

Equity

£43,017

Rent Range

£750 - £2,699

Rent Estimate

£1,043

Running Costs/mo

£766

Cashflow/mo

£277

Cashflow/yr

£3,320

ROI

4%

Gross Yield

7%

Local Sold Prices

52 sold prices from £120K to £255K, average is £188K. £1.9K/m² to £4.1K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£191K02/230 mi66, Charles Street, Stockport, Greater Manchester SK1 3JR2
£170K04/230 mi46, Charles Street, Stockport, Greater Manchester SK1 3JR2
£195K02/230.02 mi42, Charles Street, Stockport, Greater Manchester SK1 3JR2
£133K12/200.05 mi119, Charles Street, Stockport, Greater Manchester SK1 3JT2
£120K02/210.05 mi27, Ward Street, Stockport, Greater Manchester SK1 3JS2
£160K02/210.09 mi96, Charles Street, Stockport, Greater Manchester SK1 3JT2
£192K04/230.09 mi96, Charles Street, Stockport, Greater Manchester SK1 3JT2
£182K05/210.22 mi20, Brookfield Close, Stockport, Greater Manchester SK1 4NA2
£215K03/230.23 mi140, Hempshaw Lane, Stockport, Greater Manchester SK1 4LP2
£197.5K05/230.24 mi20, Osborne Road, Stockport, Greater Manchester SK2 6RL2
£231K01/230.24 mi51, Osborne Road, Stockport, Greater Manchester SK2 6RQ2
£195K11/220.25 mi62, Crosby Street, Stockport, Greater Manchester SK2 6SJ2
£204K12/200.26 mi35, Adswood Lane East, Stockport, Greater Manchester SK2 6RE2
£215K09/210.27 mi39, Wellington Grove, Stockport, Greater Manchester SK2 6SL2
£245K06/230.27 mi35, Wellington Grove, Stockport, Greater Manchester SK2 6SL2
£210K09/210.29 mi6, Maitland Street, Stockport, Greater Manchester SK1 4ND2
£167K05/210.31 mi6, Dundonald Street, Stockport, Greater Manchester SK2 6PA2
£130K08/210.31 mi93, Bramhall Lane, Davenport, Stockport, Greater Manchester SK2 6HY2
£200K01/230.31 mi22, Dundonald Street, Stockport, Greater Manchester SK2 6PA2
£220K05/230.31 mi47, Dundonald Street, Stockport, Greater Manchester SK2 6PA2
£161K12/200.33 mi2, Violet Street, Stockport, Greater Manchester SK2 6PE2
£180K12/200.36 mi1, Patterdale Road, Stockport, Greater Manchester SK1 4NG2
£255K03/230.36 mi31, Hallam Street, Stockport, Greater Manchester SK2 6PT2
£175K11/200.36 mi5, Cale Green, Stockport, Greater Manchester SK2 6RD2
£180K07/230.37 mi36, Broadhurst Street, Stockport, Greater Manchester SK3 8DT2
£180K07/230.37 mi36, Broadhurst Street, Stockport, Greater Manchester SK3 8DT2
£160K02/210.37 mi6, Ennerdale Road, Stockport, Greater Manchester SK1 4NR2
£225K11/210.37 mi6, Ennerdale Road, Stockport, Greater Manchester SK1 4NR2
£157K08/210.37 mi111, Bramhall Lane, Stockport, Greater Manchester SK2 6HZ2
£163K05/230.37 mi107, Bramhall Lane, Davenport, Stockport, Greater Manchester SK2 6HZ2
£210K07/230.37 mi123, Bramhall Lane, Davenport, Stockport, Greater Manchester SK2 6HZ2
£195K12/220.38 mi14, Avon Street, Stockport, Greater Manchester SK3 8DR2
£156K10/200.38 mi70, Athens Street, Stockport, Greater Manchester SK1 4EG2
£172K03/210.38 mi67, Athens Street, Stockport, Greater Manchester SK1 4EG2
£185K07/230.38 mi88, Buxton Road, Stockport, Greater Manchester SK2 6PL2
£138K12/200.4 mi7, Hulme Street, Stockport, Greater Manchester SK1 4PR2
£157.5K12/200.4 mi6, Windsor Street, Stockport, Greater Manchester SK2 6QE2
£250K02/210.41 mi12, Wythburn Road, Stockport, Greater Manchester SK1 4NQ2
£175K09/210.41 mi33, Florist Street, Stockport, Greater Manchester SK3 8DW2
£178K03/210.42 mi33, Patterdale Road, Stockport, Greater Manchester SK1 4NL2
£245K09/220.42 mi78, Windermere Road, Stockport, Greater Manchester SK1 4NW2
£174K07/230.42 mi52, Florist Street, Stockport, Greater Manchester SK3 8DX2
£200K08/230.42 mi64, Florist Street, Stockport, Greater Manchester SK3 8DX2
£200K08/230.42 mi64, Florist Street, Stockport, Greater Manchester SK3 8DX2
£195K12/220.42 mi66, Patterdale Road, Stockport, Greater Manchester SK1 4NL2
£207.5K06/210.42 mi45, Webb Lane, Stockport, Greater Manchester SK1 4EL2
£207.5K06/210.42 mi45, Webb Lane, Stockport, Greater Manchester SK1 4EL2
£231K08/230.43 mi11, Oldcroft Mews, Stockport, Greater Manchester SK1 4PQ2
£240K08/220.43 mi45, Webb Lane, Stockport, Greater Manchester SK1 4EL2
£159K05/210.43 mi59, Dona Street, Stockport, Greater Manchester SK1 4EJ2
£168K06/210.43 mi39, Dona Street, Stockport, Greater Manchester SK1 4EJ2
£165K06/210.43 mi23, Dona Street, Stockport, Greater Manchester SK1 4EJ2

Local Rents

50 rents from £750/mo to £2.7K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£89508/240.03 miHarrop Street, Stockport2
£97512/240.07 mi-2
£1,10012/240.15 mi-2
£82508/240.17 miWellington Road South, Stockport, Cheshire, SK22
£1,00012/240.22 miHempshaw Lane Stockport SK1 4LP2
£1,20010/240.23 mi-2
£1,20003/250.26 mi-2
£1,05004/250.26 mi-2
£1,02511/240.26 mi-2
£1,00003/250.26 mi-2
£97511/230.27 miHatters Court, Higher Hillgate, Stockport2
£1,05009/240.28 miCrosby Street, Stockport2
£97512/240.28 miHatters Court, Stockport, SK1 3EB2
£87510/240.29 mi-2
£85011/240.29 mi-2
£1,10009/240.29 miCrosby Street, Cale Green, Stockport2
£92508/240.29 mi-2
£99512/240.29 mi-2
£1,07511/240.29 mi-2
£1,00004/250.3 mi-2
£1,00008/240.31 mi-2
£89508/240.31 mi-2
£95008/240.31 miHatters Court, Higher Hillgate2
£1,00012/240.31 miHatters Court, Stockport, Greater Manchester, SK12
£1,10008/240.32 miHigher Hillgate, Stockport, Greater Manchester, SK12
£1,10012/240.32 miHigher Hillgate, Stockport, Greater Manchester, SK12
£95008/240.32 miWellington Road South SK12
£95010/240.34 mi-2
£2,69904/250.34 mi-2
£1,07506/240.35 mi-2
£1,00009/240.35 miCale Green Mews Stockport SK2 6RD2
£1,00008/240.37 miAthens Street, Offerton, Stockport, SK1 4EG2
£1,20008/240.38 mi-2
£95008/240.39 miMiddle Hillgate, Hillgate, Stockport2
£1,09501/250.4 mi-2
£99508/240.4 mi-2
£80008/240.41 miWelcroft Street, Stockport Town Centre2
£85012/240.41 miWelcroft Street, Stockport Town Centre2
£85008/240.41 mi-2
£1,10008/240.41 miLowfield Road, Stockport2
£1,02504/250.42 mi-2
£1,30012/240.42 miWindermere Road, Stockport, SK12
£1,15008/240.42 miEdward House, Edward Street, Stockport2
£1,00012/240.42 miFlorist Street, Stockport2
£75002/250.43 mi-2
£80012/240.43 miAdswood Lane West, Stockport2
£99508/240.43 miLadysmith Street, Shaw Heath, Stockport2
£99509/240.44 mi-2
£1,00012/240.44 mi49 Shaw Road South, Shaw Heath, Stockport2
£1,20003/250.45 mi-2

Local Area Statistics

Population in SK1

11,230

Population in Stockport

181,140

Town centre distance

1.23 miles away

Nearest school

0.30 miles away

Nearest train station

0.56 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+44%

Property History

Listed for £180,000

March 19, 2025

Floor Plans

Description

  • Two Double Bedrooms +
  • Attractive End Terraced +
  • Two Reception Rooms +
  • Requires Some Modernisation +
  • Chain Free +
  • Basement +
  • uPVC Double Glazing +
  • Freehold Tenure & Council Tax Band A +
  • Front Forecourt & Rear Garden +
  • Popular & Convenient Location +

Ian Tonge Property Services offer for sale this two double bedroomed end terraced which is conveniently located for the amenities of the surrounding villages and Stockport Town Centre. The property is chain free, and requires some modernisation enabling potential buyers the ability to improve to their own standards. The property comprises of vestibule, lounge, basement, dining room, kitchen, landing, two double bedrooms and shower room. Outside there is a small forecourt and a rear garden. Permit residents parking is to the front of the property and there is additional parking facilities to the rear.

Agent Details

Ian Tonge Property Services Limited, Hazel Grove

0161 524 9316

Next Steps?

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