390 Huddersfield Road, Millbrook, Stalybridge, Greater Manchester SK15 3ET

Description

An excellent investment opportunity in Stalybridge. A three bedroomed end-terraced property in need of renovation and offered with vacant possession.

Accommodation

Lounge: 4.21m x 4.12m (13'10" x 13'6"). Dining Room: 4.19m x 3.62m (13'9 x 11'11"). Kitchen: 2.00m x 3.06m (6'7" x 10'0"). Utility Room: 2.07m x 3.19m (6'9" x 10'6"). Bedroom One: 2.22m x 3.31m (7'3" x 10'10"). Bedroom Two: 2.33m x 4.22m (7'8" x 13'10"). Bedroom Three: 1.84m x 3.24m (6'0" x 10'8"). Bathroom: Not measured.

Location

Situated on Huddersfield Road (B6175), adjacent to Stalybridge Country Park, the property benefits from a convenient location with easy access into Stalybridge town centre. The area also offers excellent transport links, including regular train services providing connections to Manchester city centre and surrounding areas.

Tenure / Property Information

Investment Analysis

The five supplied same-road terraced comparables range from £106,000 to £240,000, with more recent evidence at £150,000 and £240,000. The subject is a three-bedroom end terrace requiring renovation, but the extent and cost of works are unspecified. An indicative scenario range of £150,000–£240,000 is supported by the comparables, with £175,000 used as a cautious base GDV; this is not a formal valuation and requires inspection-based adjustment.

Investment Snapshot

Strategy Recommendation

Proceed only subject to a full inspection, detailed refurbishment quotations and independent rental evidence. Until those are obtained, treat the lot as an unquantified refurbishment opportunity rather than a confirmed BTL, BRRR or flip.

Works Required

Renovation is required, but no specific defects or scope are supplied. Obtain a full inspection and contractor quotations before budgeting for kitchen, bathroom, services, decoration or other works; these items must not be assumed without evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably because refurbishment costs, achievable rent, finance costs and the property’s condition are unknown. At the indicative £175,000 base GDV, 75% refinance is £131,250, but total project cost and cash left in cannot be calculated.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The property is vacant and requires renovation, so rent, operating costs and post-works yield remain unsupported.

Flip Analysis

A potential flip is suggested by the local comparable range, but the resale surplus cannot be calculated because refurbishment costs and selling costs are unavailable. The £240,000 comparable is the highest supplied result and should not be treated as an assured resale value for this vacant property requiring renovation.

Investor Risks & Due Diligence

• Renovation is stated to be required, but the defects and full scope of works are unknown.

• No sufficiently specific rental evidence or auctioneer rent estimate is available.

• Buyer premium is 4.8% including VAT with a £6,000 minimum; at the £120,000 guide the minimum premium applies, before any other auction or special-condition costs.

• Additional fees may be listed in the Special Conditions of Sale, but none are supplied.

• The comparable results vary materially from £106,000 to £240,000, creating significant valuation uncertainty.

• Tenure, EPC, council tax, parking and heating type are not confirmed.

Recommendation

Proceed only subject to a full inspection, detailed refurbishment quotations and independent rental evidence. Until those are obtained, treat the lot as an unquantified refurbishment opportunity rather than a confirmed BTL, BRRR or flip.

Strategy Rating

Analysis Confidence

Several relevant sold comparables and a guide price are supplied, but there is no EPC, tenure confirmation, rental evidence, refurbishment scope or cost, council tax information, or formal valuation evidence.