Waterhouse Way, Stockport, Greater Manchester, SK5
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Waterhouse Way, Stockport, Greater Manchester, SK5

By Reeds Rains

£ 105,000

Reviews

3 out of 5 stars

Reeds Rains says ..

****75% SHARED OWENERSHIP*** This immaculate one-bedroom flat, set in a converted cotton mill brimming with historical charm and modern amenities, offers a spacious open-plan living area with panoramic views, a well-equipped kitchen, and convenient location near transport links, making it an idea...

Property Oracle says ..

The property is a 1-bedroom apartment located in Reddish South, Stockport. The apartment is situated within a converted mill building, offering unique architectural features such as exposed brickwork and high ceilings. The images show a modern interior with stylish decor and good-quality fixtures and fittings. The kitchen appears well-equipped and the bathroom is modern. The apartment benefits from large windows, allowing ample natural light. The location is reasonably convenient, with nearby train stations providing access to Stockport and Manchester. Several primary schools with good Ofsted ratings are within walking distance. However, the immediate vicinity lacks detailed information regarding shops and other amenities. Further investigation is needed to assess the overall convenience of the location fully. Based on the images provided, the property appears to be in excellent condition. It is modern, well-maintained, and shows no signs of needing repair or renovation. The size of the property is 579.10 sqft, which is smaller than the average for the area (923 sqft). However, the property is presented to a high standard. While the plot size is the same as the apartment size (579.10 sqft), indicating a lack of private outdoor space, the communal areas within the converted mill building appear well-maintained and offer some green space. The list price of £105,000 is significantly below the average price for the area (£273,113) and the average price per square foot (£295). However, this is likely due to the smaller size of the property compared to the average. Considering the condition, location, and lack of outdoor space, the price may represent good value for a first-time buyer or investor looking for a modern apartment in a convenient location, but further comparative analysis of similarly sized properties in the area would be beneficial to confirm this.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
579.10
Lot (est)
579.10

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
288,000.00 £
Decreased by 2.19 %
from 294,452.00 £
Est sale value
173,730.00 £
Increased by 3.09 %
from 168,518.10 £
Average area rental value
1,220.00 £/mo
Increased by 10.71 %
from 1,102.00 £/mo
Est letting value
579.10 £/mo
Unchanged by 0.00 %
from 579.10 £/mo
Est rental Yield
5.08 %
Increased by 13.14 %
from 4.49 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Broadstones SchoolOther Independent Special SchoolGood0.19 KM
St Elisabeth'S Church Of England PrimaryAcademy Sponsor Led0.52 KM
Broadstone Hall Primary SchoolCommunity SchoolGood0.60 KM
St. Joseph'S Catholic Primary School, ReddishVoluntary Aided SchoolGood0.68 KM
Reddish Vale Nursery SchoolLocal Authority Nursery SchoolOutstanding1.19 KM

Images

Picture No. 09 Picture No. 14 Picture No. 01 Picture No. 10 Picture No. 11 Picture No. 05 Picture No. 07 Picture No. 06 Picture No. 02 Picture No. 08 Picture No. 03 Picture No. 04 Picture No. 12

Nearby Streets

NameAverage PriceAverage SqftDistance
Waterhouse Way £ 000.00 KM
Springfield Avenue £ 295,00000.00 KM
Liverpool Close £ 000.00 KM
Keswick Road £ 000.00 KM
Oldham Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reddish South2857RDS0.87 KM
Heaton Chapel2861HTC1.78 KM
Reddish North2979RDN1.91 KM
Ryder Brow2977RRB2.44 KM
Levenshulme2862LVM3.03 KM

Nearby Listings

AddressPriceTypeScoreDistance
Waterhouse Way, Stockport, SK5 £ 210,000BUY6 / 100.00 KM
Waterhouse Way, Stockport, Greater Manchester, SK5 £ 105,000BUY7 / 100.00 KM
Waterhouse Way, Reddish, Stockport, SK5 £ 140,000BUYUnknown0.00 KM
Waterhouse Way, Stockport, Reddish, SK5 £ 140,000BUY6 / 100.00 KM
Waterhouse Way, Stockport, Greater Manchester, SK5 £ 220,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
26 Tarvin Avenue £ 245,0000.15 KM
22 Tarvin Avenue £ 270,0000.15 KM
41 Tarvin Avenue £ 139,5000.15 KM
31 Tarvin Avenue £ 130,0000.15 KM
23 Tarvin Avenue £ 190,0000.15 KM