2 Bed Terraced House, Single Let, Rochdale, OL12 6HD, £120,000

2 Lytham Street, Rochdale, Greater Manchester, OL12 6HD - 5 views - a year ago

Sold STC
BTL
ROI: 7%
65 m²
+6 photos

ValuationUndervalued

Sold Prices£55K - £267K
Sold Prices/m²£917/m² - £4.4K/m²

 

 

Square Metres

65 m²
Price/m²£1.8K/m²

Value Estimate

£149,519
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£700 - £1,100

Rent Estimate

£738

Running Costs/mo

£543

Cashflow/mo

£195

Cashflow/yr

£2,345

ROI

7%

Gross Yield

7%

Local Sold Prices

49 sold prices from £55K to £267K, average is £140.5K. £917/m² to £4.4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£110K09/230.02 mi473, Whitworth Road, Rochdale, Greater Manchester OL12 6HB2
£105K06/240.05 mi422, Whitworth Road, Rochdale, Greater Manchester OL12 0SN2
£147K04/210.11 mi61, Brookdale, Rochdale, Greater Manchester OL12 0UY2
£151K05/210.11 mi67, Brookdale, Rochdale, Greater Manchester OL12 0UY2
£130K02/240.13 mi8, Daffodil Close, Rochdale, Greater Manchester OL12 6NY2
£151K06/230.13 mi10, Earnshaw Avenue, Rochdale, Greater Manchester OL12 0ST2
£132K08/240.15 mi532, Whitworth Road, Rochdale, Greater Manchester OL12 0SW2
£155K09/230.18 mi6, Quarry Hill, Rochdale, Greater Manchester OL12 0SZ2
£170K06/240.18 mi7, Dahlia Close, Rochdale, Greater Manchester OL12 6NT2
£55K11/200.19 mi15, Gale Street, Rochdale, Greater Manchester OL12 0SQ2
£107K01/210.2 mi6, Bassett Way, Rochdale, Greater Manchester OL12 6NP2
£138K03/230.2 mi93, Bentley Street, Rochdale, Greater Manchester OL12 6PA2
£158K10/230.2 mi1, Bassett Close, Rochdale, Greater Manchester OL12 6NR2
£131K11/200.23 mi17, Betony Close, Rochdale, Greater Manchester OL12 6XJ2
£178K01/230.23 mi27, Betony Close, Rochdale, Greater Manchester OL12 6XJ2
£182.5K08/230.23 mi17, Betony Close, Rochdale, Greater Manchester OL12 6XJ2
£142K10/230.23 mi31, Betony Close, Rochdale, Greater Manchester OL12 6XJ2
£155K03/240.23 mi23, Betony Close, Rochdale, Greater Manchester OL12 6XJ2
£95K02/210.23 mi16, Great Lee, Rochdale, Greater Manchester OL12 6NJ2
£120K11/230.23 mi16, Great Lee, Rochdale, Greater Manchester OL12 6NJ2
£80K11/200.26 mi18, Blackthorn Close, Rochdale, Greater Manchester OL12 6XU2
£95K01/210.26 mi40, Blackthorn Close, Rochdale, Greater Manchester OL12 6XU2
£165K03/240.26 mi39, Blackthorn Close, Rochdale, Greater Manchester OL12 6XU2
£115K07/230.27 mi17, Edwin Waugh Gardens, Rochdale, Greater Manchester OL12 6NH2
£135K01/230.29 mi31, Norton Road, Rochdale, Greater Manchester OL12 0BJ2
£122K08/230.29 mi32, New Street, Rochdale, Greater Manchester OL12 6NS2
£190K07/240.32 mi13, Harebell Close, Rochdale, Greater Manchester OL12 6XW2
£140.5K07/230.33 mi642, Whitworth Road, Rochdale, Greater Manchester OL12 0TB2
£142K10/230.33 mi630, Whitworth Road, Rochdale, Greater Manchester OL12 0TB2
£65K04/230.33 mi291, Whitworth Road, Rochdale, Greater Manchester OL12 6ER2
£173K03/230.33 mi2, Holbeck Avenue, Rochdale, Greater Manchester OL12 6DN2
£170K12/210.34 mi17, Dew Meadow Close, Rochdale, Greater Manchester OL12 6JT2
£162K03/240.34 mi51, Foxglove Court, Rochdale, Greater Manchester OL12 6XF2
£175K02/230.36 mi9, Leaside Close, Rochdale, Greater Manchester OL12 6PD2
£139K12/210.36 mi13, Jefferson Way, Rochdale, Greater Manchester OL12 0BX2
£207.5K02/210.37 mi30, Heights Avenue, Rochdale, Greater Manchester OL12 6JH2
£245K04/210.37 mi4, Wood Hey Grove, Rochdale, Greater Manchester OL12 9TY2
£100K12/200.37 mi90, Joy Street, Rochdale, Greater Manchester OL12 0BY2
£135K03/240.37 mi72, Joy Street, Rochdale, Greater Manchester OL12 0BY2
£215K09/210.37 mi3, Waingap Rise, Rochdale, Greater Manchester OL12 9TZ2
£118.3K10/210.38 mi10, Jefferson Way, Rochdale, Greater Manchester OL12 0BX2
£267K01/210.4 mi6, Shawclough Close, Rochdale, Greater Manchester OL12 7HQ2
£119K12/200.41 mi7, Joseph Street, Rochdale, Greater Manchester OL12 6NB2
£105K12/200.41 mi17, Joseph Street, Rochdale, Greater Manchester OL12 6NB2
£97.5K05/210.41 mi3, Joseph Street, Rochdale, Greater Manchester OL12 6NB2
£115K07/240.42 mi3, Mabel Street, Rochdale, Greater Manchester OL12 6LT2
£175K03/240.43 mi155, Shawclough Way, Rochdale, Greater Manchester OL12 6EE2
£175K03/240.43 mi155, Shawclough Way, Rochdale, Greater Manchester OL12 6EE2
£172K08/230.44 mi10, Heights Avenue, Rochdale, Greater Manchester OL12 6JL2

Local Rents

15 rents from £700/mo to £1.1K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£70012/240.1 miBERNARD STREET, Healey, Rochdale OL12 0SJ2
£93012/240.18 mi-2
£72506/230.22 mi-2
£77512/240.28 miClarence Street, Shawclough, Rochdale, Greater Manchester, OL122
£85002/250.32 mi-2
£82506/240.35 miAshmount Drive, Shawclough, OL12 6HP2
£89506/240.36 mi-2
£89506/240.36 mi-2
£87504/250.41 mi-2
£85001/250.41 mi-2
£79504/240.48 mi-2
£90012/240.53 mi-2
£89512/240.53 miDewhirst Road, Rochdale, OL122
£1,10012/240.58 miThe Windrush, Shawclough, OL122
£99506/240.61 miFalinge Fold, Rochdale, Greater Manchester, OL122

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

0.76 miles away

Nearest school

0.10 miles away

Nearest train station

1.15 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £120,000

December 5, 2023

Sold for £70,000

2010

Floor Plans

Description

  • Two Bedroom End of Terrace +
  • Ideal First Purchase or Buy to Let Investment +
  • No Chain +
  • Freehold +
  • Rear Courtyard +
  • Council Tax Band A +
  • EPC:E +

Two bedroom end of terrace offered for sale with no chain. Ideally suited to the first time buyer or buy to let investor, the property is well presented and spacious, and boasts pleasing views to the front. Located within Healey, the property is well placed for local amenities, transport links and Healey Dell Nature Reserve. EPC:E. Highly recommended.

We are pleased to offer for sale this well presented and much improved two bedroom end of terrace which will instantly appeal to both the first time buyer and the buy-to-let investor.

The property comes to the market free from chain and is located on a quiet street in the sought after district of Healey, in a position that is not only convenient for amenities, schools, transport links and Healey Dell, but also boasting a pleasant far reaching view to the front.

Internally comprising a spacious living room, good size breakfast kitchen with breakfast bar, two good size bedrooms, plus a modern bathroom/wc. Externally there is a private courtyard garden to the rear.

EPC:E

Highly recommended.

Agent Details

Ryder & Dutton, Rochdale

01706 335894

Next Steps?

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