diff --git a/click/testing.py b/click/testing.py
index ae36d10144..44ad07dec7 100644
--- a/click/testing.py
+++ b/click/testing.py
@@ -73,12 +73,12 @@ def make_input_stream(input, charset):
 class Result(object):
     """Holds the captured result of an invoked CLI script."""
 
-    def __init__(self, runner, output_bytes, exit_code, exception,
+    def __init__(self, runner, output_wrapper, exit_code, exception,
                  exc_info=None):
         #: The runner that created the result
         self.runner = runner
-        #: The output as bytes.
-        self.output_bytes = output_bytes
+        #: The wrapped byte output streams.
+        self.output_wrapper = output_wrapper
         #: The exit code as integer.
         self.exit_code = exit_code
         #: The exception that happend if one did.
@@ -88,9 +88,21 @@ def __init__(self, runner, output_bytes, exit_code, exception,
 
     @property
     def output(self):
-        """The output as unicode string."""
-        return self.output_bytes.decode(self.runner.charset, 'replace') \
-            .replace('\r\n', '\n')
+        """The combined output as unicode string."""
+        return self.output_wrapper.getvalue().decode(
+            self.runner.charset, 'replace').replace('\r\n', '\n')
+
+    @property
+    def stdout(self):
+        """The output on stdout as unicode string."""
+        return self.output_wrapper.streams[0].getvalue().decode(
+            self.runner.charset, 'replace').replace('\r\n', '\n')
+
+    @property
+    def stderr(self):
+        """The output on stderr as unicode string."""
+        return self.output_wrapper.streams[1].getvalue().decode(
+            self.runner.charset, 'replace').replace('\r\n', '\n')
 
     def __repr__(self):
         return '<Result %s>' % (
@@ -163,17 +175,62 @@ def isolation(self, input=None, env=None, color=False):
 
         env = self.make_env(env)
 
+        class MultipleTextIOWrapper(object):
+            def __init__(self):
+                self.value = b''
+
+            def write(self, b):
+                self.value += b
+
+            def getvalue(self):
+                return self.value
+
+            # XXX: test
+            # def flush(self):
+            #     for stream in self.streams:
+            #         stream.flush()
+
         if PY2:
-            sys.stdout = sys.stderr = bytes_output = StringIO()
+            class WrappedStringIO(object):
+                def __init__(self, wrapper):
+                    self.wrapper = wrapper
+                    self.stringIO = StringIO()
+
+                def write(self, b):
+                    self.wrapper.write(b)
+                    self.stringIO.write(b)
+
+                def flush(self):
+                    # self.stringIO.flush()
+                    pass
+
+            output_wrapper = MultipleTextIOWrapper()
+            stdout = WrappedStringIO(output_wrapper)
+            stderr = WrappedStringIO(output_wrapper)
+            output_wrapper.streams = [stdout, stderr]
+            sys.stdout, sys.stderr = stdout, stderr
+
             if self.echo_stdin:
-                input = EchoingStdin(input, bytes_output)
+                input = EchoingStdin(input, stdout)
         else:
-            bytes_output = io.BytesIO()
+            class WrappedBytesIO(io.BytesIO):
+                def __init__(self, wrapper):
+                    self.wrapper = wrapper
+
+                def write(self, b):
+                    self.wrapper.write(b)
+                    super(WrappedBytesIO, self).write(b)
+
+            output_wrapper = MultipleTextIOWrapper()
+            stdout = WrappedBytesIO(output_wrapper)
+            stderr = WrappedBytesIO(output_wrapper)
+            output_wrapper.streams = [stdout, stderr]
+            sys.stdout = io.TextIOWrapper(stdout, encoding=self.charset)
+            sys.stderr = io.TextIOWrapper(stderr, encoding=self.charset)
+
             if self.echo_stdin:
-                input = EchoingStdin(input, bytes_output)
+                input = EchoingStdin(input, output_wrapper.streams[0])
             input = io.TextIOWrapper(input, encoding=self.charset)
-            sys.stdout = sys.stderr = io.TextIOWrapper(
-                bytes_output, encoding=self.charset)
 
         sys.stdin = input
 
@@ -223,7 +280,7 @@ def should_strip_ansi(stream=None, color=None):
                         pass
                 else:
                     os.environ[key] = value
-            yield bytes_output
+            yield output_wrapper
         finally:
             for key, value in iteritems(old_env):
                 if value is None:
@@ -307,10 +364,9 @@ def invoke(self, cli, args=None, input=None, env=None,
                 exc_info = sys.exc_info()
             finally:
                 sys.stdout.flush()
-                output = out.getvalue()
 
         return Result(runner=self,
-                      output_bytes=output,
+                      output_wrapper=out,
                       exit_code=exit_code,
                       exception=exception,
                       exc_info=exc_info)
diff --git a/tests/test_utils.py b/tests/test_utils.py
index 88923adbc2..a73804264e 100644
--- a/tests/test_utils.py
+++ b/tests/test_utils.py
@@ -34,8 +34,9 @@ def test_echo(runner):
     @click.command()
     def cli():
         click.echo(b'\xf6')
+        click.echo(b'\xf7', err=True)
     result = runner.invoke(cli, [])
-    assert result.output_bytes == b'\xf6\n'
+    assert result.output_wrapper.getvalue() == b'\xf6\n\xf7\n'
 
     # Ensure we do not strip for bytes.
     with runner.isolation() as out: