16 Jersey Road, South Reddish, Stockport, SK5 7QZ

Description

A move-in-ready two-bedroom end-terrace property with an attached garage and gardens to the front and rear, positioned close to Reddish Vale Country Park. The property comprises an entrance hallway, spacious reception room, fitted kitchen, two bedrooms and a bathroom. Sold as seen.

Accommodation

Entrance hallway, spacious reception room and fitted kitchen to the ground floor. Two bedrooms and a bathroom to the first floor.

Location

Situated in the popular residential area of South Reddish, close to Reddish Vale Country Park, with local shops, schools and transport links readily accessible. Stockport town centre, Manchester city centre and the surrounding motorway network are within easy reach.

Tenure / Property Information

Investment Analysis

Three completed sales on the same road range from £215,000 to £230,000: £215,000 in July 2026, £220,000 in December 2025 and £230,000 in August 2025. A base GDV of £220,000 is supported by the evidence, with £215,000 as a low case and £230,000 as a high case. The property is described as move-in-ready, but is sold as seen and no inspection evidence is supplied.

Investment Snapshot

Strategy Recommendation

Potentially suitable as a buy-to-let or BRRR purchase if acquired close to the guide price, subject to inspection, legal due diligence, rent validation and confirmation of all auction costs. Do not rely on the indicative refinance surplus without lender and valuation confirmation.

Works Required

No specific refurbishment works are identified in the supplied description, which states that the property is move-in-ready. The calculations assume no refurbishment allowance, but the property should still be inspected because it is sold as seen.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £220,000 base GDV, 75% refinancing equates to £165,000. Against the £150,000 guide price and no assumed works or supplied fees, the indicative calculation shows £15,000 more refinance proceeds than the assumed cost. Actual refinancing is not guaranteed and will depend on valuation, lending criteria, costs and the property's condition and EPC.

Buy-to-Let Analysis

At the £150,000 guide price and an assumed £1,200 pcm rent, gross annual rent is £14,400 and the gross yield is 9.60%. Using the lower advertised rent evidence of £1,095 pcm gives an 8.76% gross yield. These are based on advertised or estimated rents, not achieved rent, and exclude finance, operating costs, tax and auction fees, which were not supplied.

Flip Analysis

The base GDV of £220,000 less the £150,000 guide price gives a £70,000 gross spread before works, selling costs, finance, tax and auction charges. A net flip surplus cannot be established because no selling allowance, finance costs, works allowance or buyer/admin fees are supplied.

Investor Risks & Due Diligence

• The property is sold as seen and no inspection or detailed condition report is supplied.

• EPC is on order, so the rating and any related compliance implications are unknown.

• Rental evidence comprises advertised asking rents and an auctioneer estimate rather than achieved passing rent.

• Buyer premium, administration charge and other auction fees are not supplied and are excluded from the calculations.

• The refinance calculation is indicative only and depends on lender valuation, criteria and actual costs.

• A net resale surplus cannot be calculated because selling, finance, tax and refurbishment costs are unsupported.

Recommendation

Potentially suitable as a buy-to-let or BRRR purchase if acquired close to the guide price, subject to inspection, legal due diligence, rent validation and confirmation of all auction costs. Do not rely on the indicative refinance surplus without lender and valuation confirmation.

Strategy Rating

Analysis Confidence

Same-road completed sales and rental evidence are available, but the EPC, property inspection, auction fees, finance costs, achieved rent and detailed condition evidence are absent.