3 Bed Semi-Detached House, Single Let, Rochdale, OL16 5EX, £170,000

WAITHLANDS ROAD, Kingsway, Rochdale OL16 5EX - 3 views - a year ago

Sold STC
BTL
ROI: 4%
~82 m²
+4 photos

ValuationOvervalued

Sold Prices£70K - £285K
Sold Prices/m²£769/m² - £3.8K/m²

 

 

Square Metres

~81.90 m²
Price/m²£2.1K/m²

Value Estimate

£162,578

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£850 - £3,500

Rent Estimate

£896

Running Costs/mo

£730

Cashflow/mo

£166

Cashflow/yr

£1,987

ROI

4%

Gross Yield

6%

Local Sold Prices

49 sold prices from £70K to £285K, average is £173K. £769/m² to £3.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£192K06/230.15 mi9, Deepdale Avenue, Rochdale, Greater Manchester OL16 4AN3
£135K04/230.22 mi22, Thames Street, Rochdale, Greater Manchester OL16 5NY3
£143K01/210.22 mi26, Penistone Avenue, Rochdale, Greater Manchester OL16 4AL3
£165K08/210.22 mi19, Penistone Avenue, Rochdale, Greater Manchester OL16 4AL3
£90K02/230.25 mi33, Rosefield Crescent, Rochdale, Greater Manchester OL16 5BD3
£141K10/210.25 mi6, Rosefield Crescent, Rochdale, Greater Manchester OL16 5BD3
£176K08/230.25 mi9, Adrian Terrace, Rochdale, Greater Manchester OL16 5BN3
£190K12/220.27 mi12, Margaret Avenue, Rochdale, Greater Manchester OL16 5BG3
£165K01/230.28 mi11, Bertha Road, Rochdale, Greater Manchester OL16 5BE3
£123K12/200.28 mi28, Bertha Road, Rochdale, Greater Manchester OL16 5BE3
£188K10/230.28 mi55, Bertha Road, Rochdale, Greater Manchester OL16 5BE3
£105K04/230.29 mi6, Lyefield Walk, Rochdale, Greater Manchester OL16 5SR3
£178.4K12/220.29 mi1, Margaret Avenue, Rochdale, Greater Manchester OL16 5BG3
£153K03/210.3 mi310, Kingsway, Rochdale, Greater Manchester OL16 4AB3
£138K12/200.31 mi2, Moss Avenue, Rochdale, Greater Manchester OL16 4AA3
£132K11/200.33 mi229, Milnrow Road, Rochdale, Greater Manchester OL16 5BA3
£218K01/230.33 mi213, Milnrow Road, Rochdale, Greater Manchester OL16 5BA3
£167.5K12/200.33 mi213, Milnrow Road, Rochdale, Greater Manchester OL16 5BA3
£190K09/210.35 mi32, Kings Road, Rochdale, Greater Manchester OL16 5HW3
£155K11/230.36 mi26, Rathbone Street, Rochdale, Greater Manchester OL16 5BH3
£165K04/240.38 mi268, Milnrow Road, Rochdale, Greater Manchester OL16 5BQ3
£155K09/210.38 mi14, Merinall Close, Rochdale, Greater Manchester OL16 5BY3
£127K08/240.39 mi6, Kenworthy Terrace, Rochdale, Greater Manchester OL16 5AX3
£174.5K03/230.43 mi91, Percy Street, Rochdale, Greater Manchester OL16 5LF3
£195K11/200.44 mi323, Milnrow Road, Rochdale, Greater Manchester OL16 5BU3
£184K12/230.44 mi319, Milnrow Road, Rochdale, Greater Manchester OL16 5BU3
£232K07/230.46 mi109, Turf Hill Road, Rochdale, Greater Manchester OL16 4XA3
£126K05/210.46 mi17, Delamere Road, Rochdale, Greater Manchester OL16 4XD3
£210.5K01/230.46 mi2, St Marys Close, Rochdale, Greater Manchester OL16 4XT3
£190K06/230.48 mi12, St Marys Close, Rochdale, Greater Manchester OL16 4XT3
£150K11/230.48 mi6, Rothesay Terrace, Rochdale, Greater Manchester OL16 4XF3
£185K12/230.49 mi27, Newbold Hall Gardens, Rochdale, Greater Manchester OL16 3AL3
£285K10/220.5 mi5, Cypress Gardens, Firgrove, Rochdale, Greater Manchester OL16 3BS3
£163K12/200.5 mi12, Cypress Gardens, Firgrove, Rochdale, Greater Manchester OL16 3BS3
£173K04/230.5 mi6, Carpenters Way, Rochdale, Greater Manchester OL16 4XU3
£184K05/210.5 mi1, Carpenters Way, Rochdale, Greater Manchester OL16 4XU3
£200K10/230.5 mi5, Carpenters Way, Rochdale, Greater Manchester OL16 4XU3
£203K06/230.5 mi82, Kingsway, Rochdale, Greater Manchester OL16 4UU3
£216.8K07/240.51 mi73, Knowl Road, Rochdale, Greater Manchester OL16 4BB3
£100K11/210.51 mi61, Belfield Lane, Rochdale, Greater Manchester OL16 2YB3
£70K01/210.51 mi79, Belfield Lane, Rochdale, Greater Manchester OL16 2YB3
£181K02/230.52 mi9, Holford Walk, Firgrove, Rochdale, Greater Manchester OL16 3BP3
£225K06/230.53 mi30, Juniper Drive, Firgrove, Rochdale, Greater Manchester OL16 3BE3
£242.5K03/230.53 mi38, Juniper Drive, Firgrove, Rochdale, Greater Manchester OL16 3BE3
£133K03/210.53 mi6, Juniper Drive, Firgrove, Rochdale, Greater Manchester OL16 3BE3
£165K11/220.54 mi36, Delamere Road, Rochdale, Greater Manchester OL16 4XN3
£138K12/230.54 mi389, Albert Royds Street, Rochdale, Greater Manchester OL16 3AA3
£245K04/230.56 mi26, Charter Street, Rochdale, Greater Manchester OL16 4UD3
£195K02/240.58 mi43, Turf Hill Road, Rochdale, Greater Manchester OL16 4XG3

Local Rents

25 rents from £850/mo to £3.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85005/240.36 mi-3
£1,09506/240.54 miRochdale, Milnrow, Firgrove, OL16, P33203
£1,10010/240.59 mi-3
£99512/240.63 mi-3
£99512/240.63 mi-3
£99512/240.64 mi-3
£99504/250.64 mi-3
£1,08012/240.68 mi-3
£1,15002/250.7 mi-3
£1,10012/240.75 mi-3
£1,10012/240.75 miBroad Lane, Rochdale, OL163
£85011/240.77 mi-3
£87506/240.79 miWoburn Close, Milnrow, Rochdale3
£1,25006/240.86 miFox Park Lane, Rochdale, OL163
£1,25011/230.86 mi-3
£3,50012/240.87 mi-3
£90012/240.94 mi-3
£90012/240.94 miMere Street, Rochdale, OL113
£95010/231 mi-3
£95012/241.09 miBEECHFIELD ROAD, Milnrow, Rochdale OL16 4HB3
£1,10012/241.09 mi-3
£1,10012/241.1 miApple Tree Way, Rochdale, OL163
£89512/241.13 miCROFT MEWS, Milnrow, Rochdale OL16 3AS3
£1,10012/241.14 miDarlington Road, Rochdale, Greater Manchester, OL113
£1,25006/241.18 miGinnell Farm Avenue, Rochdale3

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

1.21 miles away

Nearest school

0.10 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Price changed to £170,000

September 25, 2024

Listed for £175,000

December 13, 2023

Floor Plans

Description

  • Semi-Detached House +
  • Three Bedrooms +
  • Fitted Dining Kitchen +
  • Four-Piece Bathroom +
  • Gas Central Heating +
  • uPVC Double Glazing +
  • Gardens To The Front & Rear +
  • Driveway To The Side +
  • Popular Yet Convenient Location +
  • Freehold +

Situated in a popular yet convenient location, this traditional SEMI-DETACHED HOUSE is located on the doorstep of excellent local amenities including good schools, supermarket and the Metrolink yet with easy access to Rochdale/Oldham town centres and the motorway network.

Internally, the home is well presented throughout whilst comprising of an entrance hall, lounge, fitted dining kitchen, THREE BEDROOMS and a four-piece bathroom. The property benefits from having gas central heating and upvc double glazing throughout.

The property has a lawn garden to front with a gated driveway to the side. At the rear, a spacious lawn garden with a patio area.

The property is FREEHOLD!

Agent Details

Reside Estate Agency, Rochdale

01706 335427

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪