# 2 bedroom terraced house for sale (SK15 2NH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 24 ELGIN STREET, STALYBRIDGE, GREATER MANCHESTER SK15 2NH |
| Price | £100,000 |
| Bedrooms | 2 |
| Last sold | £103,000 Dec 2017 |

## Description

This beautifully presented mid stone terraced property will make for a perfect home for the first time buyer or buy to let investor. The property comprises of a living room and kitchen diner to the ground floor with two bedrooms and a family bathroom to the first floor. Private rear yard, fully double glazed and gas central heated and all offered with no onward vendor chain.

**MID STONE TERRACE

TWO BEDROOMS

MODERN INTERIOR

PRIVATE REAR YARD

NO VENDOR CHAIN

**

**Living Room**13'9" x 13' (4.2m x 3.96m).  Hardwood front door opening into the vestibule. Double glazed uPVC window facing the front. Radiator, gas fire, carpeted flooring and ceiling light.

**Kitchen Diner**13'9" x 11'7" (4.2m x 3.53m).  Hardwood back door opening onto the rear yard. Double glazed uPVC window facing the rear. Radiator, vinyl flooring, part tiled walls and ceiling light. Fitted wall and base units with complementary roll top work surfaces, one and a half bowl stainless steel sink with drainer, integrated electric oven, gas hob and overhead extractor. Space for washing machine, dryer and fridge/freezer. Under stairs storage space.

**Landing** x .  Loft access.

**Bedroom One**13'9" x 13' (4.2m x 3.96m).  Double glazed uPVC window facing the front. Radiator, carpeted flooring and ceiling light.

**Bedroom Two**6'9" x 11'7" (2.06m x 3.53m).  Double glazed uPVC window facing the rear. Radiator, carpeted flooring and ceiling light.

**Bathroom** x .  Double glazed uPVC window with frosted glass facing the rear. Radiator, vinyl flooring, built-in storage cupboard and part tiled walls. Low level WC, panelled bath and a pedestal sink.

**Externally** x .  Private enclosed yard to the rear with gated access.

## Property Photos

- ![Front](/listings/photos/50291091/608411) - Front
- ![Kitchen Diner](/listings/photos/50291091/608414) - Kitchen Diner
- ![Kitchen Diner](/listings/photos/50291091/608415) - Kitchen Diner
- ![Living Room](/listings/photos/50291091/608421) - Living Room
- ![Living Room](/listings/photos/50291091/608425) - Living Room
- ![Bedroom One](/listings/photos/50291091/608429) - Bedroom One
- ![Bedroom Two](/listings/photos/50291091/608433) - Bedroom Two
- ![Bathroom](/listings/photos/50291091/608436) - Bathroom
- ![Externally](/listings/photos/50291091/608439) - Externally
- ![EPC](/listings/photos/50291091/608444) - EPC

## Floorplans

- ![CWQuickSketch.jpg](/listings/photos/50291091/608447) - CWQuickSketch.jpg

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #16094325
- **Address:** 24 Elgin Street, STALYBRIDGE, SK15 2NH
- **Certificate Issued:** 17/12/2023
- **Work Completed:** 09/12/2023
- **Items:** 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 24 ELGIN STREET, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2NH | £103,000 | 08/12/2017 | 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 |
| 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 |
| 42 MOTTRAM ROAD, STALYBRIDGE, TAMESIDE, GREATER MANCHESTER, SK15 2QS | £141,250 | 13/12/2022 | 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:** £162,250 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £174,225 (30 Terraced, SK15, 2024–2026)
- **Deviation:** -42.6%

## 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 | 0.34 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:** 0.88% (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:** 10.5%
- **Cost-to-rent:** 9.5×
- **Monthly cashflow:** £369/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 15.3%

*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:** 6.8%
- **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)