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Herbert Street, Edgeley

North West

£140,000
Listed on 23/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
893 sqft

Description

This vacant mid-terraced property features two bedrooms along with a converted loft room, situated in the desirable Edgeley district of Stockport. It presents a prime opportunity for those looking to invest or undertake a refurbishment project. The home requires comprehensive modernisation, offering significant potential to enhance its value and suitability for the rental market, particularly appealing to buy-to-let investors due to the area's strong demand and competitive rental yields. Additional advantages include two resident parking permits for convenient vehicle access. Spanning four floors, the layout includes a spacious reception area and a large kitchen on the ground floor. The first floor accommodates two bedrooms and a bathroom, while the loft room provides flexible space that could serve as an extra bedroom or office. Furthermore, there is a converted cellar which can be utilized for storage or additional living space, alongside a decent-sized rear yard. With current rental values in the vicinity reaching between £1,250 and £1,350 per month for similar properties, this home is well-positioned for future growth. The Edgeley area boasts an array of local amenities, reputable schools, and excellent transport connections including nearby Stockport train station and easy access to Manchester city centre via the M60 motorway.

Investment Analysis

(SK3 area)

Below Market Value

This property is priced -45.0% below area average per sq ft

-45.0%
Potential saving
This Property
£157/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£276
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£279,906
10% above area average per sq ft
Potential ROI
+55.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (SK3)

Area prices are rising by +13.1% over the last 12 months
3 year growth: 17.2%
5 year growth: 39.5%
Investment Disclaimer: Analysis based on SK3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Herbert Street, Edgeley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE