Gascoigne Halman added a four bedroom semi-detached house to the market yesterday with a guide price of £235,000. The property is located on Countess Street, davenport, Stockport SK2.
Located in a sought after location, within a mile of X3 train stations; Davenport, Woodsmoor & Stockport, also within walking distance to reputable schools and colleges.
The property needs a high level of refurbishment work in order to maximise its potential, i would also look at reconfiguring the footprint. Perhaps removing the downstairs bathroom & replacing with either a larger kitchen or utility room. I would also consider returning the property to X3 bedrooms instead of four and creating a larger family bathroom on the first floor. The description makes reference to a cellar but there are no photos of this or any indication of them on the floor plan, this could offer further opportunity to create additional useable rooms.
From a resale value, if completed to good standard i think a figure around £350,000 could be achieved, allowing room for a strong profit margin.
Take a look at the advert here and give Gascoigne Halman a call to arrange a viewing. If you would like my advice on this property or would like to discuss residential property investment in Stockport please give me a call on 0161 474 8668.