2 Bed Semi-Detached House, Cash/Bridging Only, Stalybridge, SK15 3EG, £185,000

Flaxfield Avenue, Stalybridge, SK15 3EG - a month ago

Cash
ROI: 1%
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£85K - £221K
Sold Prices/m²£1.4K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£138,784

 

 

End Value (After Refurb)

£189,817

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,450

Refurb Costs

£28,709

Bridging Loan Interest

£4,856

Total Cash In

£92,015

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£189,817

Mortgage (After Refinance)

£142,363

Mortgage LTV

75%

Cash Released

£3,613

Cash Left In

£88,402

Equity

£47,454

Rent Range

£750 - £1,000

Rent Estimate

£858

Running Costs/mo

£785

Cashflow/mo

£73

Cashflow/yr

£879

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £85K to £221K, average is £150K. £1.4K/m² to £3.9K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£192K11/200.1 mi9, Walkerwood Drive, Stalybridge, Greater Manchester SK15 2QD2
£205K10/210.12 mi23, Churchbank, Stalybridge, Greater Manchester SK15 2QJ2
£221K03/230.12 mi24, Churchbank, Stalybridge, Greater Manchester SK15 2QJ2
£145K07/210.22 mi54, Fistral Crescent, Stalybridge, Greater Manchester SK15 3HW2
£154K04/210.22 mi34, Fistral Crescent, Stalybridge, Greater Manchester SK15 3HW2
£145K01/210.23 mi28, Crantock Drive, Stalybridge, Greater Manchester SK15 3HH2
£170K02/210.26 mi274, Huddersfield Road, Stalybridge, Greater Manchester SK15 3DZ2
£172K05/230.26 mi298, Huddersfield Road, Stalybridge, Greater Manchester SK15 3DZ2
£195K08/230.27 mi245, Huddersfield Road, Stalybridge, Greater Manchester SK15 3DY2
£140K06/210.27 mi227, Huddersfield Road, Stalybridge, Greater Manchester SK15 3DY2
£150K10/210.31 mi51, Grafton Street, Millbrook, Stalybridge, Greater Manchester SK15 3EW2
£190K03/230.34 mi22, Parkfields, Millbrook, Stalybridge, Greater Manchester SK15 3HP2
£145K03/210.34 mi10, Parkfields, Millbrook, Stalybridge, Greater Manchester SK15 3HP2
£187.5K05/210.37 mi21, Copper Beech Drive, Stalybridge, Greater Manchester SK15 3GN2
£145K08/210.41 mi5, Croft Bank, Millbrook, Stalybridge, Greater Manchester SK15 3HR2
£187K04/230.42 mi11, Chapelfield Close, Millbrook, Stalybridge, Greater Manchester SK15 3RS2
£115K07/210.43 mi7, Grenville Street, Millbrook, Stalybridge, Greater Manchester SK15 3EU2
£215K06/230.45 mi22, Cypress Oaks, Stalybridge, Greater Manchester SK15 3GA2
£135K12/200.46 mi27, Bower Grove, Stalybridge, Greater Manchester SK15 2PA2
£112K03/210.46 mi17, Bower Grove, Stalybridge, Greater Manchester SK15 2PA2
£128K03/210.47 mi439, Huddersfield Road, Millbrook, Stalybridge, Greater Manchester SK15 3ET2
£115K03/210.47 mi431, Huddersfield Road, Millbrook, Stalybridge, Greater Manchester SK15 3ET2
£120K05/230.47 mi421, Huddersfield Road, Millbrook, Stalybridge, Greater Manchester SK15 3ET2
£150K08/210.48 mi34, St Pauls Street, Stalybridge, Greater Manchester SK15 2NZ2
£115K03/210.48 mi9, St Pauls Street, Stalybridge, Greater Manchester SK15 2NZ2
£150K07/210.48 mi10, St Pauls Street, Stalybridge, Greater Manchester SK15 2NZ2
£140K11/210.48 mi17, Cambridge Terrace, Millbrook, Stalybridge, Greater Manchester SK15 3JG2
£152.5K03/230.48 mi21, Cambridge Terrace, Millbrook, Stalybridge, Greater Manchester SK15 3JG2
£175K03/230.49 mi23, Hawke Street, Stalybridge, Greater Manchester SK15 2PQ2
£150K09/210.49 mi14, Cambridge Terrace, Millbrook, Stalybridge, Greater Manchester SK15 3JG2
£160K06/210.49 mi3, Richmond Street, Stalybridge, Greater Manchester SK15 2PZ2
£155K05/230.5 mi23, Oxford Street, Stalybridge, Greater Manchester SK15 2NX2
£187.5K12/210.52 mi56, Stocks Lane, Stalybridge, Greater Manchester SK15 2NU2
£155K06/210.52 mi82, Stocks Lane, Stalybridge, Greater Manchester SK15 2NU2
£176K05/230.52 mi103, Stocks Lane, Stalybridge, Greater Manchester SK15 2NU2
£85K12/200.54 mi15, Stamford Street, Millbrook, Stalybridge, Greater Manchester SK15 3JB2
£108K12/200.54 mi1, Stamford Street, Millbrook, Stalybridge, Greater Manchester SK15 3JB2
£138K07/230.55 mi44, Grey Street, Stalybridge, Greater Manchester SK15 2NR2
£135K09/210.56 mi14, French Street, Stalybridge, Greater Manchester SK15 2NT2
£139.5K02/210.56 mi1, French Street, Stalybridge, Greater Manchester SK15 2NT2
£123.4K05/210.56 mi10, French Street, Stalybridge, Greater Manchester SK15 2NT2
£147K03/230.56 mi18, French Street, Stalybridge, Greater Manchester SK15 2NT2
£172K11/210.56 mi43, Albion Gardens, Stalybridge, Greater Manchester SK15 2LR2
£148K07/230.58 mi34, Groby Street, Stalybridge, Greater Manchester SK15 2NN2
£117.5K02/210.6 mi121, Lindsay Street, Stalybridge, Greater Manchester SK15 2NS2
£150K02/230.6 mi47, Stocks Lane, Stalybridge, Greater Manchester SK15 2LN2
£156.5K07/230.6 mi115, Lindsay Street, Stalybridge, Greater Manchester SK15 2NS2
£162.6K07/230.61 mi19, Lindsay Street, Stalybridge, Greater Manchester SK15 2LU2
£130K06/230.61 mi35, Lindsay Street, Stalybridge, Greater Manchester SK15 2LU2
£140K02/230.61 mi74, Lindsay Street, Stalybridge, Greater Manchester SK15 2NL2

Local Rents

12 rents from £750/mo to £1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£90008/240.09 mi-2
£82508/240.4 miThistle House, Bramble Court, Millbrook, SK152
£75008/240.4 miThe Thistle House, Stalybridge2
£80008/240.41 miThe Cedar House, Millbrook, Stalybridge2
£1,00008/240.41 miStaley Farm Close, Stalybridge, Greater Manchester, SK152
£85008/240.41 miStaley Farm Close, Stalybridge, Greater Manchester, SK152
£85011/230.45 miGrenville Street, Stalybridge, Greater Manchester, SK152
£85004/250.47 mi-2
£90004/250.52 mi-2
£85008/240.52 miOxford Street, Stalybridge2
£93504/250.54 mi-2
£95004/250.55 mi-2

Local Area Statistics

Population in SK15

27,625

Town centre distance

0.37 miles away

Nearest school

0.10 miles away

Nearest train station

1.25 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £185,000

March 21, 2025

Floor Plans

Description

  • Two Bedroom Quasi Semi Detached Property +
  • Contemporary Fitted Dining Kitchen & Bathroom +
  • Popular & Quiet Cul de Sac Location +
  • Great Views To the front +
  • Gardens Front & Rear +
  • Ideal First Time Buy! +

Ideally located and situated at the end of a quiet cul de sac is this well presented two bedroom quasi semi detached property offering ready to move into accommodation of which only a full personal inspection will fully reveal.

Positioned on an elevated position with some lovely long range views this property will make a fantastic purchase for any first time buyer or buy to let investor with well planned and deceptively spacious accommodation that briefly comprises; To the ground floor, entrance hallway, lounge and a recently , recently refitted dining kitchen. To the first floor there are two double bedrooms and a refitted family bathroom/WC. To the outside the property has a garden to the front and on street parking readily available, whilst to the rear is a fantastic sized lawned garden with patio area. The property is double glazed and central heated ensuring that this property will appeal to even the most discerning of purchasers!

View Today!

Ground Floor -

Hall - Composite double glazed front door, door to lounge and stairs to the first floor.

Lounge - 4.85m x 3.74m (15'11" x 12'3") - Box window to front, laminae wooden floor, TV aerial point, ceiling cornices, radiator.

Kitchen/Dining Room - 2.15m x 4.73m (7'1" x 15'6") - Contemporary recently refitted dining kitchen with an extensive range of matching base and wall units incorporating a single drainer sink unit and work tops over, fitted four ring electric hob with extractor hood above, electric oven below, integrated fridge and freezer, inset ceiling spot lights, Upvc double glazed window to the rear, dining area, under stairs storage cupboard, double glazed door to the rear garden, gas central heating boiler, radiator.

First Floor -

Landing -

Bedroom 1 - 3.17m x 4.73m (10'5" x 15'6") - Window to front with long range views, ceiling cornices, radiator.

Bedroom 2 - 3.83m x 2.89m (12'7" x 9'6") - Window to rear, radiator.

Bathroom/Wc - Contemporary refitted bathroom suite in white comprising panelled bath with central taps, shower screen and mixer shower, vanity wash hand basin, low level WC, tiled floor and walls, heated towel rail and Upvc double glazed window to the rear.

Outside -

Gardens - To the outside the property has a garden to the front and on street parking readily available, whilst to the rear is a fantastic sized lawned garden with patio area.

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.

Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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