3 Bed Flat, Single Let, Stalybridge, SK15 3AD, £75,000

87 Mottram Road, Stalybridge, SK15 2QS - 1 views - 3 months ago

Leasehold
Auction
BTL
ROI: 24%
~93 m²
+2 photos

ValuationUndervalued

Sold Prices£105K - £272K
Sold Prices/m²£1.4K/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£806/m²

Value Estimate

£90,750
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£4,950

Total Cash In

£23,700

 

 

Cash Out

 

Rent Range

£850 - £1,350

Rent Estimate

£916

Running Costs/mo

£438

Cashflow/mo

£478

Cashflow/yr

£5,741

ROI

24%

Gross Yield

15%

Local Sold Prices

10 sold prices from £105K to £272K, average is £130K. £1.4K/m² to £3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£135K10/220.2 miApartment 32, Regency Court, Waterloo Road, Stalybridge, Greater Manchester SK15 2AD3
£105K06/210.35 mi28, Castle Hall View, Stalybridge, Greater Manchester SK15 2DY3
£200K11/221.07 mi105, Park Road, Dukinfield, Greater Manchester SK16 5LX3
£120K01/211.19 mi9, Chestnut Grove, Hyde, Greater Manchester SK14 4GS3
£125K08/221.39 mi45, Cravenwood, Ashton-under-lyne, Greater Manchester OL6 8AX3
£120K01/231.83 mi49, Regency Gardens, Hyde, Greater Manchester SK14 4FW3
£272K08/222.16 mi26, Woodland View, Hyde, Greater Manchester SK14 2JB3
£225K12/202.38 mi3, Rushycroft, Mottram, Hyde, Greater Manchester SK14 6TD3
£208K12/212.39 mi9, Firbank Close, Ashton-under-lyne, Greater Manchester OL7 0AD3
£105K02/212.69 miFlat 27, Springwood Hall, Oldham Road, Ashton-under-lyne, Greater Manchester OL7 9RH3

Local Rents

13 rents from £850/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85008/240.12 miWakefield Road, Stalybridge, Greater Manchester, SK153
£1,00004/250.17 mi-3
£1,20008/240.19 miHuddersfield Road, Stalybridge, Cheshire, SK153
£1,25008/240.2 mi-3
£1,25011/240.2 mi-3
£1,15004/250.2 mi-3
£1,15003/250.23 mi-3
£95008/240.32 miStamford Street, Stalybridge, 3
£89503/250.33 mi-3
£1,25003/250.33 mi-3
£1,35008/240.35 miForester Drive, Stalybridge3
£1,20010/240.36 mi-3
£1,15004/250.49 mi-3

Local Area Statistics

Population in SK15

27,625

Town centre distance

0.41 miles away

Nearest school

0.30 miles away

Nearest train station

0.50 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £75,000

January 21, 2025

Floor Plans

Description

For Sale by Auction -
Situated within of Stalybridge Centre, shops, schools and leisure facilities plus transport links.
The property briefly comprises, entrance hall, living room, Dining room and kitchen, three bedrooms and bathroom.

Leasehold to be confirmed

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.

Living Room - 3.78mx3.81m (12'05x12'06) -

Kitchen - 3.66mx3.05m (12'00x10'00) -

Bedroom 1 - 4.65mx2.39m (15'03x7'10) -

Bedroom 2 - 2.62mx2.26m (8'07x7'05) -

Bedroom 3 - 2.90mx2.26m (9'06x7'05) -

Agent Details

Hunters, Stalybridge

0161 524 4991

Next Steps?

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