# 2 bedroom terraced house for sale (SK15 2NH) ## Property Details | Key | Value | |-----|-------| | Address | 31 ELGIN STREET, STALYBRIDGE, GREATER MANCHESTER SK15 2NH | | Price | £90,000 | | Bedrooms | 2 | | Last sold | £92,000 Jul 2011 | ## Description The mid terraced home benefits from two double first floor bedrooms and a refitted white bathroom suite, whilst to the ground floor is a spacious lounge and a refitted kitchen. The house is warmed by gas central heating and benefits from UPVC double glazing. To the rear is an enclosed paved garden with ample room for a table and chairs. Located in a sought after part of Stalybridge which has always been popular with first time buyers and enjoys some excellent transport links with Stalybridge train and bus stations a short distance away. Cheethams Park is also a short stroll away making this ideal for those with young children and pets. Viewing highly recommended. Lounge12'9 x 12'6 (3.89m x 3.81m) UPVC double glazed front door, UPVC double glazed window to the front, fitted electric fire in a feature fire surround, hearth and mantle, double central heating radiator, meter cupboards, TV point and ceiling coving Dining Kitchen12'6 x 8'5 (3.81m x 2.57m) A refitted kitchen comprising of a single drainer sink unit with mixer taps plus a range of fitted base units incorporating cupboards and drawers with rolled edge work surfaces over and matching wall mounted cupboards, five ring gas hob with a built in oven, UPVC double glazed window to the rear, part tiled walls, UPVC double glazed door to the outside, space for a fridge/freezer, wall mounted combi central heating boiler, plumbing for an automatic washing machine, under stairs storage cupboard and stairs to the first floor Bedroom 112'8 x 8'4 (3.86m x 2.54m) UPVC double glazed window to the rear, double central heating radiator, dimmer switch and access to the insulated loft space Bedroom 212'8 x 9'0 (3.86m x 2.74m) UPVC double glazed window to the front, dimmer switch and a double central heating radiator BathroomA refitted white suite comprising of a panelled bath with a shower over, low level WC, pedestal wash hand basin, extractor fan, double central heating radiator, tiled walls, laminate flooring and ceiling spots OutsideTo the rear is an enclosed yard with a pleasant seating area and a wooden gate to the rear OutsideTo the rear is an enclosed paved garden which has ample space for a table and chairs, plus there is a wooden gate to the rear You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website. ## Property Photos - ![Photo](/listings/photos/29864689/608441) - ![Photo](/listings/photos/29864689/608445) - ![Photo](/listings/photos/29864689/608448) - ![Photo](/listings/photos/29864689/608450) - ![Photo](/listings/photos/29864689/608451) - ![Photo](/listings/photos/29864689/608453) ## EPC Graphs - ![EPC 1](/listings/photos/29864689/608455) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 31 ELGIN STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NH | £92,000 | 29/07/2011 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 49 STOCKS LANE, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2LN | £168,750 | 22/01/2026 | Terraced | | 62 LINDSAY STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2LT | £145,000 | 05/12/2025 | Terraced | | 17 CRANWORTH STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NW | £232,000 | 08/09/2025 | Terraced | | 75 ACRES LANE, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2JR | £260,000 | 05/09/2025 | Terraced | | 19 HAWKE STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2PQ | £175,000 | 28/07/2025 | Terraced | | 68 MOTTRAM ROAD, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2QS | £142,000 | 28/03/2025 | Terraced | | [Same street] 3 ELGIN STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NH | £127,000 | 10/01/2025 | Other | | [Same street] 12 ELGIN STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NH | £140,000 | 15/07/2024 | Terraced | | 4 MILL STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2LP | £168,000 | 13/12/2023 | Terraced | | 17 HUDDERSFIELD ROAD, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2QA | £127,500 | 24/11/2023 | Terraced | | 8 FRENCH STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NT | £174,000 | 16/10/2023 | Terraced | | 28 CRANWORTH STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NW | £236,000 | 29/09/2023 | Terraced | | 28 STOCKS LANE, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2LW | £135,000 | 28/09/2023 | Terraced | | 10 FRENCH STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NT | £170,000 | 25/08/2023 | Terraced | | 81 TATTON STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NQ | £160,000 | 04/08/2023 | Terraced | | [Same street] 6 ELGIN STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NH | £135,000 | 28/07/2023 | Terraced | | 44 GREY STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NR | £138,000 | 25/07/2023 | Terraced | | [Same street] 1 ELGIN STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NH | £117,500 | 26/06/2023 | Terraced | | 23 OXFORD STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NX | £155,000 | 26/05/2023 | Terraced | | 25 HAWKE STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2PQ | £165,000 | 26/05/2023 | Terraced | | 49 CECIL STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2LD | £135,000 | 16/05/2023 | Terraced | | 38 STOCKS LANE, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2LW | £110,000 | 24/04/2023 | Terraced | | 2 HAWKE STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2PQ | £125,000 | 30/03/2023 | Terraced | | 39 STOCKS LANE, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2LN | £110,000 | 27/03/2023 | Terraced | | [Same street] 9 ELGIN STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NH | £135,000 | 18/02/2022 | Terraced | | [Same street] 4 ELGIN STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NH | £125,000 | 27/09/2021 | Terraced | **Street average:** £129,917 (6 sales) **Area average:** £161,563 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £174,225 (30 Terraced, SK15, 2024–2026) - **Deviation:** -48.3% ## Rental Range *ONS Price Index of Private Rents (Tameside). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £827/mo - **Realistic:** £919/mo - **Optimistic:** £1,011/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Oldham & Rochdale (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £576/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, Elgin Street, SK15 | £1,000/mo | 2 | 0.01 miles | OpenRent | | 2 Bed Terraced House, St Pauls Street, SK15 | £800/mo | 2 | 0.22 miles | OpenRent | | 2 Bed Terraced House, Knowl Street, SK15 | £875/mo | 2 | 0.24 miles | OpenRent | | 2 Bed Flat, Cocker Hill, SK15 | £695/mo | 2 | 0.35 miles | OpenRent | | 2 Bed Flat, Melbourne Street, SK15 | £875/mo | 2 | 0.4 miles | OpenRent | **Average rent: £849/mo (5 listings)** ## 1% Rule - **Rent ratio:** 0.97% (okay) - **Max investor price (0.8%):** £109,375 - **Target investor price (1%):** £87,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £875/mo).* - **Gross yield:** 11.7% - **Cost-to-rent:** 8.6× - **Monthly cashflow:** £408/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 18.8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 5.5% - **10y growth:** 38.7% ## House Price Index (HM Land Registry) *Official index for Tameside; Terraced series; as of March 2026.* - **1y growth (index):** 3% - **5y growth (index):** 30.7% - **10y growth (index):** 86.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)