3 Bed Semi-Detached House, Refurb/BRRR, Stalybridge, SK15 1BH, £195,000

Buckingham Road, Stalybridge, SK15 1BH - 20 days ago

Under Offer
Leasehold
Refurb/BRRR
ROI: 4%
~93 m²
+23 photos

ValuationOvervalued

Sold Prices£100K - £335K
Sold Prices/m²£1.1K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.1K/m²

Value Estimate

£180,598

 

 

End Value (After Refurb)

£188,707

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£12,350

Refurb Costs

£39,200

Bridging Loan Interest

£5,119

Total Cash In

£107,169

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£188,707

Mortgage (After Refinance)

£141,530

Mortgage LTV

75%

Cash Left In

£107,169

Equity

£47,177

Rent Range

£850 - £1,595

Rent Estimate

£1,192

Running Costs/mo

£848

Cashflow/mo

£344

Cashflow/yr

£4,127

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £100K to £335K, average is £175K. £1.1K/m² to £3.5K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£191.5K10/200.05 mi5, Balmoral Drive, Stalybridge, Greater Manchester SK15 1BN3
£242.5K01/210.05 mi26, Buckingham Road, Stalybridge, Greater Manchester SK15 1BL3
£270K11/220.05 mi70, Buckingham Road, Stalybridge, Greater Manchester SK15 1BL3
£145K06/230.05 mi56, Buckingham Road, Stalybridge, Greater Manchester SK15 1BL3
£215K07/230.06 mi145, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1BJ3
£190K05/210.1 mi5, Windsor Drive, Stalybridge, Greater Manchester SK15 1BR3
£185K02/230.13 mi125, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1DB3
£124K12/200.14 mi16, Coniston Drive, Stalybridge, Greater Manchester SK15 1EE3
£135K02/210.14 mi2, Coniston Drive, Stalybridge, Greater Manchester SK15 1EE3
£170K08/230.16 mi198, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1ES3
£135K03/230.17 mi37, Rydal Walk, Stalybridge, Greater Manchester SK15 1ED3
£160K12/220.19 mi79, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1DB3
£167K03/230.24 mi26, Church Street, Stalybridge, Greater Manchester SK15 1BE3
£165K12/220.25 mi30, School Crescent, Stalybridge, Greater Manchester SK15 1EA3
£100K11/200.25 mi20, School Crescent, Stalybridge, Greater Manchester SK15 1EA3
£140K07/230.25 mi110, Cambridge Street, Stalybridge, Greater Manchester SK15 1AU3
£135K04/210.25 mi12, West Avenue, Stalybridge, Greater Manchester SK15 1DF3
£135K10/210.26 mi10, Harrison Street, Stalybridge, Greater Manchester SK15 1DQ3
£175K12/220.26 mi3, Church Walk, Stalybridge, Greater Manchester SK15 1DL3
£155K03/230.27 mi20, Regina Avenue, Stalybridge, Greater Manchester SK15 1DN3
£205.5K07/230.27 mi19, Regina Avenue, Stalybridge, Greater Manchester SK15 1DN3
£175K08/230.27 mi24, Regina Avenue, Stalybridge, Greater Manchester SK15 1DN3
£190K05/230.29 mi16, The Close, Stalybridge, Greater Manchester SK15 1HU3
£143K03/210.29 mi14, The Close, Stalybridge, Greater Manchester SK15 1HU3
£200K10/200.31 mi12, Coneymead, Stalybridge, Greater Manchester SK15 1HF3
£145K11/210.31 mi3, Hague Place, Stalybridge, Greater Manchester SK15 1DG3
£145K06/210.32 mi153, Springs Lane, Stalybridge, Greater Manchester SK15 1HS3
£195K07/230.32 mi130, Springs Lane, Stalybridge, Greater Manchester SK15 1HS3
£236K01/230.32 mi21, Ladysmith Road, Stalybridge, Greater Manchester SK15 1HB3
£177K12/200.33 mi16, Longridge Avenue, Stalybridge, Greater Manchester SK15 1HG3
£223K12/220.33 mi17, Longridge Avenue, Stalybridge, Greater Manchester SK15 1HG3
£170K05/210.33 mi28, Hazelhurst Road, Stalybridge, Greater Manchester SK15 1HD3
£237.5K01/230.35 mi23, Boulderstone Road, Stalybridge, Greater Manchester SK15 1HJ3
£245K05/230.36 mi29, Cocker Hill, Stalybridge, Greater Manchester SK15 1AA3
£150K10/210.37 mi4, Ash Grove, Stalybridge, Greater Manchester SK15 1NN3
£122.5K06/210.37 mi12, Ridge Hill Lane, Stalybridge, Greater Manchester SK15 1NF3
£150K05/230.38 mi17, King Street, Stalybridge, Greater Manchester SK15 2AE3
£290K11/220.39 mi3, Ash Grove, Stalybridge, Greater Manchester SK15 1NN3
£170K12/200.39 mi1, Ash Grove, Stalybridge, Greater Manchester SK15 1NN3
£257.5K02/230.4 mi7, Lakes View, Stalybridge, Greater Manchester SK15 1JJ3
£197K02/210.4 mi21, Boulderstone Road, Stalybridge, Greater Manchester SK15 1HJ3
£335K05/230.4 mi20, Astley Grove, Stalybridge, Greater Manchester SK15 1NL3
£175K12/220.41 mi34, Mereside, Stalybridge, Greater Manchester SK15 1JF3
£170K07/210.42 mi38, Norman Road, Stalybridge, Greater Manchester SK15 1LY3
£230K06/230.42 mi1, Norman Road, Stalybridge, Greater Manchester SK15 1LY3
£235K07/230.42 mi8, Norman Road, Stalybridge, Greater Manchester SK15 1LY3
£136.5K05/230.42 mi4, Norman Road, Stalybridge, Greater Manchester SK15 1LY3
£172.5K01/210.42 mi6, Pebble Close, Stalybridge, Greater Manchester SK15 1HZ3
£241K02/230.43 mi6, Norman Road, Stalybridge, Greater Manchester SK15 1LY3
£181.5K01/210.43 mi118, Broadhill Road, Stalybridge, Greater Manchester SK15 1HW3

Local Rents

13 rents from £850/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15004/250.05 mi-3
£1,40010/240.23 mi-3
£1,20003/250.23 mi-3
£1,40008/240.23 miSchool Crescent, Stalybridge, SK153
£1,15004/250.26 mi-3
£95008/240.31 miStamford Street, Stalybridge, 3
£85008/240.32 miWakefield Road, Stalybridge, Greater Manchester, SK153
£1,25008/240.4 mi-3
£1,25011/240.4 mi-3
£1,15004/250.4 mi-3
£1,59508/240.46 miArlies Lane, Stalybridge, Greater Manchester, SK153
£1,20008/240.51 miHuddersfield Road, Stalybridge, Cheshire, SK153
£1,00004/250.59 mi-3

Local Area Statistics

Population in SK15

27,625

Town centre distance

0.58 miles away

Nearest school

0.20 miles away

Nearest train station

0.52 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £195,000

March 29, 2025

Floor Plans

Description

  • Guide Price £195,000-£210,000 +
  • NO VENDOR CHAIN +
  • Spacious Room Dimensions Throughout +
  • Potential To Renovate And Add Value +
  • Gardens To Front/Rear +
  • Drive And Detached Garage +
  • Blank Canvas For Internal Renovation +
  • Good Primary And Secondary Schools +
  • Walking Distance To Stalybridge Town Centre +
  • Local Parks And Amenities Close Proximity +

The Property
NO VENDOR CHAIN
*Guide Price £195,000-£210,000*

Spacious semi-detached property nestled in a highly desirable residential area that perfectly balances convenience with tranquility. This charming house offers a fantastic opportunity for first-time buyers, families, and investors alike, serving as a blank canvas ready for your personal touch. Imagine creating your dream space just moments from the vibrant heart of Stalybridge, where local amenities such as the train station, town centre, and bus stations are all within easy walking distance.

As you approach the property, you are greeted by a well-maintained driveway and a garage, providing ample off-street parking.
Step inside to discover a generous open-plan layout, where the kitchen, dining room, and living room seamlessly flow together, creating an inviting atmosphere perfect for family gatherings and entertaining guests. A welcoming porch adds an extra layer of charm, making it an ideal spot to kick off your shoes after a long day.

Venture upstairs to find three well-proportioned bedrooms, each offering a peaceful retreat for rest and relaxation. The first-floor bathroom features a wet-room setup, providing both convenience and modern appeal.

Outside, the front and rear gardens offer potential for outdoor enjoyment, whether you wish to cultivate your own garden oasis or simply enjoy a leisurely afternoon in the sun. With picturesque countryside walks and parks just a stone's throw away, this location truly caters to those who appreciate nature alongside urban conveniences.

This property, while in need of some internal renovation, presents an exciting opportunity to craft a home tailored to your needs. Don’t miss your chance to secure this spacious family home in a prime location—schedule your viewing today and envision the possibilities that await!

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 23/11/2970

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Stockport

020 3834 7974

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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