3 Bed Semi-Detached House, Refurb/BRRR, Cheadle Hulme, SK8 2HD, £200,000

9 St Margarets Road, Cheadle, Stockport, SK8 2HD - 18 days ago

Auction
Refurb/BRRR
ROI: 1%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£180K - £365K
Sold Prices/m²£2.3K/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£202,000

 

 

End Value (After Refurb)

£302,119

Uplift in Value

+51%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£39,428

Bridging Loan Interest

£5,250

Total Cash In

£109,128

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£302,119

Agent Fees (1%)

£3,021

Bridging Loan

£150,000

Bridging Loan Interest

£5,250

Flip Profit

£39,970

Local Sold Prices

51 sold prices from £180K to £365K, average is £265K. £2.3K/m² to £5.1K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£232.5K09/230.05 mi10, Emlyn Grove, Cheadle, Greater Manchester SK8 2EY3
£240.8K09/230.06 mi3, Menai Grove, Cheadle, Greater Manchester SK8 2EZ3
£225K03/210.08 mi1, Carrs Road, Cheadle, Greater Manchester SK8 2EE3
£200K04/210.08 mi9, Carrs Road, Cheadle, Greater Manchester SK8 2EE3
£235K12/200.08 mi25, Boundary Road, Cheadle, Greater Manchester SK8 2EN3
£285K10/220.11 mi93, Sherborne Road, Stockport, Greater Manchester SK3 0SP3
£260K03/210.15 mi11, Marbury Close, Stockport, Greater Manchester SK3 0HB3
£231.5K06/210.15 mi3, Marbury Close, Stockport, Greater Manchester SK3 0HB3
£263K02/230.15 mi5, Marbury Close, Stockport, Greater Manchester SK3 0HB3
£185K01/210.15 mi39, St Davids Road, Cheadle, Greater Manchester SK8 2HF3
£211K08/210.15 mi38, St Davids Road, Cheadle, Greater Manchester SK8 2HF3
£245K12/200.16 mi9, St Ives Avenue, Cheadle, Greater Manchester SK8 2HG3
£280K08/230.16 mi33, Aber Road, Cheadle, Greater Manchester SK8 2ER3
£210K12/200.17 mi3, Churchley Close, Stockport, Greater Manchester SK3 0TE3
£260K01/210.18 mi92, Boundary Road, Cheadle, Greater Manchester SK8 2EP3
£365K03/230.19 mi93, Lavington Avenue, Cheadle, Greater Manchester SK8 2HQ3
£313.5K02/230.19 mi51, Lavington Avenue, Cheadle, Greater Manchester SK8 2HQ3
£289K12/200.2 mi49, Birchfield Road, Stockport, Greater Manchester SK3 0SY3
£205K02/210.2 mi44, Birchfield Road, Stockport, Greater Manchester SK3 0SY3
£318K09/210.2 mi61, Birchfield Road, Stockport, Greater Manchester SK3 0SY3
£312K08/230.2 mi51, Birchfield Road, Stockport, Greater Manchester SK3 0SY3
£312K08/230.2 mi51, Birchfield Road, Stockport, Greater Manchester SK3 0SY3
£250K06/210.21 mi49, Cheltenham Road, Stockport, Greater Manchester SK3 0SL3
£260K12/220.21 mi40, Cheltenham Road, Stockport, Greater Manchester SK3 0SL3
£280K03/230.21 mi57, Cheltenham Road, Stockport, Greater Manchester SK3 0SL3
£322.5K03/230.21 mi85, Cheltenham Road, Stockport, Greater Manchester SK3 0SL3
£180K01/210.22 mi79, St Davids Road, Cheadle, Greater Manchester SK8 2HJ3
£180K01/210.22 mi79, St Davids Road, Cheadle, Greater Manchester SK8 2HJ3
£215K03/230.22 mi56, Shakespeare Drive, Cheadle, Greater Manchester SK8 2DA3
£350K05/230.22 mi16, Shakespeare Drive, Cheadle, Greater Manchester SK8 2DA3
£291K02/230.23 mi1, Sandileigh Avenue, Cheadle, Greater Manchester SK8 2EX3
£350K06/210.24 mi1, Parkway, Stockport, Greater Manchester SK3 0PX3
£225K05/210.24 mi13, Arbury Avenue, Stockport, Greater Manchester SK3 0QA3
£235K06/210.24 mi24, Arbury Avenue, Stockport, Greater Manchester SK3 0QA3
£280K02/230.24 mi1, Arbury Avenue, Stockport, Greater Manchester SK3 0QA3
£295K01/210.25 mi35, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DH3
£225K03/210.25 mi9, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DH3
£269K03/210.25 mi33, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DH3
£260K08/230.25 mi31, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DH3
£265K06/210.26 mi35, Sherborne Road, Stockport, Greater Manchester SK3 0SN3
£274K09/210.26 mi51, Sherborne Road, Stockport, Greater Manchester SK3 0SN3
£260K10/210.26 mi36, Cranleigh Drive, Cheadle, Greater Manchester SK8 2DJ3
£312.5K02/230.26 mi19, Palmer Avenue, Cheadle, Greater Manchester SK8 2DF3
£327.5K05/230.26 mi12, Palmer Avenue, Cheadle, Greater Manchester SK8 2DF3
£352.5K01/230.27 mi56, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£337K04/210.27 mi108, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£315K04/230.27 mi40, Lavington Avenue, Cheadle, Greater Manchester SK8 2HH3
£283K09/210.3 mi62, Deane Avenue, Cheadle, Greater Manchester SK8 2DW3
£267K04/230.3 mi3, Ellesmere Road, Stockport, Greater Manchester SK3 0NA3
£300K08/230.3 mi3, Coventry Avenue, Stockport, Greater Manchester SK3 0QS3
£250K01/210.3 mi27, Kenilworth Road, Stockport, Greater Manchester SK3 0QL3

Local Rents

20 rents from £1.1K/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,10008/240.05 miGladville Drive, Cheadle, Cheshire, SK83
£2,00003/250.15 mi-3
£1,75012/240.16 mi-3
£1,49502/250.18 mi-3
£1,75002/250.18 mi-3
£1,20008/240.2 miBirchfield Road, Stockport, Greater Manchester, SK33
£1,65001/250.21 mi-3
£1,30012/240.21 miCheltenham Road, Stockport, Greater Manchester, SK3 0SL3
£1,39012/240.22 mi-3
£1,20008/240.23 miShaftsbury road Cheadle Heath SK33
£1,70012/240.24 miParkway SK33
£1,60008/240.25 mi-3
£1,30012/240.27 miStockport Road, Cheadle Heath, Stockport, SK3 0RG3
£1,30012/240.3 miDorrington Road, Stockport, SK33
£1,40009/240.4 miArgyll Road, Cheadle3
£1,30008/240.42 miSelsey Avenue, Stockport, Greater Manchester, SK33
£1,60009/240.44 miPark Road, Cheadle, Greater Manchester, SK83
£1,45008/240.44 miCuthbert Road, Cheadle, Greater Manchester, SK83
£1,40002/250.48 mi-3
£1,75008/240.49 mi-3

Local Area Statistics

Population in SK8

58,396

Population in Cheadle Hulme

58,434

Town centre distance

1.61 miles away

Nearest school

0.30 miles away

Nearest train station

1.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £200,000

March 28, 2025

Floor Plans

Description

  • TO BE SOLD BY ONLINE AUCTION +
  • THREE BEDROOMS +
  • EXCELLENT INVESTEMENT POTENTIAL +
  • SPACIOUS BACK GARDEN +
  • DESIRABLE LOCATION +
  • ATTENTION INVESTORS +

TO BE SOLD BY ONLINE AUCTION ON 23RD APRIL 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS 9 St Margarets Road, Cheadle, Stockport, SK8 2HD A three-bedroom semi-detached property in Cheadle, in need of renovation, offering an excellent investment opportunity with significant potential for capital uplift and a strong end value once refurbished. The property comprises an entrance hall, an open-plan living and dining area, a kitchen, and a separate second living room. Upstairs features three bedrooms, two of which are doubles, and a family bathroom. Outside, there is a spacious rear garden with plenty of potential for further enhancement. VIRTUAL VIEWING AVAILABLE Sold as seen in vacant possession EPC on order Here are some similar properties taken from Land Registry which have sold close by which highlight the strong investment potential once done up: 9, Boundary Road, Cheadle, SK8 2EL Sold - 26/03/2024 £350,000 0.11 mi 2, Gladville Drive, Cheadle, SK8 2HA Sold - 10/01/2025 £305,000 0.06 mi 4, Carrs Avenue, Cheadle, SK8 2EQ Sold - 15/07/2024 £270,000 0.08 mi Similar property rental values in the area are in the region of £1350 - £1500 per month. Located within a short walk of Cheadle Village, the property benefits from excellent transport links, local amenities, and highly regarded schools, making it a sought-after area for homeowners and tenants alike.

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

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