2 Bed Flat, Single Let, Oldham, OL2 5JL, £125,000

18 Westridge Chase, Oldham, Greater Manchester, OL2 5JL - 1 views - a year ago

Leasehold
BTL
ROI: 5%
65 m²
+3 photos

ValuationFair Value

Sold Prices£64.8K - £225K
Sold Prices/m²£926/m² - £12.8K/m²

 

 

Square Metres

64.69 m²
Price/m²£1.9K/m²

Value Estimate

£125,735

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£675 - £1,100

Rent Estimate

£684

Running Costs/mo

£547

Cashflow/mo

£137

Cashflow/yr

£1,639

ROI

5%

Gross Yield

7%

Local Sold Prices

43 sold prices from £64.8K to £225K, average is £119K. £926/m² to £12.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£155K02/230.09 mi29, The Fairways, Royton, Oldham, Greater Manchester OL2 6GD2
£117K04/210.09 mi31, The Fairways, Royton, Oldham, Greater Manchester OL2 6GD2
£117.5K06/210.09 mi34, The Fairways, Royton, Oldham, Greater Manchester OL2 6GD2
£110K05/210.09 mi33, The Fairways, Royton, Oldham, Greater Manchester OL2 6GD2
£209.9K10/200.15 mi4, Butcher Lane, Royton, Oldham, Greater Manchester OL2 5UR2
£64.8K10/230.15 mi27, Flake Lane, Royton, Oldham, Greater Manchester OL2 5RF2
£73.5K05/210.18 mi28, Richmond Avenue, Royton, Oldham, Greater Manchester OL2 5RH2
£122.2K07/210.19 mi48, Elmstone Drive, Royton, Oldham, Greater Manchester OL2 6DH2
£98K03/230.19 mi30, Elmstone Drive, Royton, Oldham, Greater Manchester OL2 6DH2
£151K11/220.22 mi1, Millwood Court, Royton, Oldham, Greater Manchester OL2 6WH2
£141K06/220.22 mi12, Millwood Court, Royton, Oldham, Greater Manchester OL2 6WH2
£103K10/200.22 mi10, Millwood Court, Royton, Oldham, Greater Manchester OL2 6WH2
£125K01/230.23 mi84, Albert Street, Royton, Oldham, Greater Manchester OL2 5UF2
£72K11/200.23 mi59, Albert Street, Royton, Oldham, Greater Manchester OL2 5UF2
£83.5K02/210.23 mi27, Albert Street, Royton, Oldham, Greater Manchester OL2 5UF2
£78K02/220.23 mi21, Albert Street, Royton, Oldham, Greater Manchester OL2 5UF2
£71K02/210.5 mi33, Shaw Street, Royton, Oldham, Greater Manchester OL2 6DL2
£105K05/220.59 mi70, Bamford Street, Royton, Oldham, Greater Manchester OL2 6YY2
£130K04/230.65 mi69, Rosebay Close, Royton, Oldham, Greater Manchester OL2 6WJ2
£74K01/210.7 mi12, Birchinlee Avenue, Royton, Oldham, Greater Manchester OL2 5EL2
£74K01/210.7 mi12, Birchinlee Avenue, Royton, Oldham, Greater Manchester OL2 5EL2
£74K01/210.7 mi12, Birchinlee Avenue, Royton, Oldham, Greater Manchester OL2 5EL2
£140K02/230.73 mi244b, Turf Lane, Royton, Oldham, Greater Manchester OL2 6ET2
£120K10/200.76 mi36, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£145K09/220.76 mi46, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£140.5K11/220.76 mi16, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£120K06/210.76 mi56, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£139K01/240.76 mi48, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£115.5K11/200.76 mi28, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£117K02/210.76 mi37, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£119K05/210.76 mi58, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£128.9K02/220.76 mi43, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£118K01/220.76 mi20, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£145K10/230.76 mi33, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£149K04/230.76 mi62, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£135K06/230.76 mi42, Baldwins Close, Royton, Oldham, Greater Manchester OL2 5FG2
£66K02/210.8 mi58, Penthorpe Drive, Royton, Oldham, Greater Manchester OL2 6JL2
£210K11/200.81 mi5, Delta Close, Royton, Oldham, Greater Manchester OL2 5DR2
£150K08/210.85 mi1c, Racefield Hamlet, Chadderton, Oldham, Greater Manchester OL1 2TB2
£150K08/210.85 mi1c, Racefield Hamlet, Chadderton, Oldham, Greater Manchester OL1 2TB2
£76K11/200.96 mi17, Thornham Road, Shaw, Oldham, Greater Manchester OL2 7HR2
£225K02/230.96 mi5, Norfolk Close, Shaw, Oldham, Greater Manchester OL2 7ER2
£85K08/220.97 mi74, Assheton Road, Shaw, Oldham, Greater Manchester OL2 7LP2

Local Rents

29 rents from £675/mo to £1.1K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£98512/240.08 mi-2
£95012/240.12 mi-2
£99501/250.39 mi-2
£85006/240.41 miJohn Street, Royton2
£95012/240.44 mi-2
£85006/240.48 mi-2
£87506/240.66 miShaw Road, Royton2
£85012/240.67 mi-2
£80011/240.67 mi-2
£89506/240.76 miBaldwins Close, Royton2
£79503/240.8 miDorset Avenue, Oldham, Greater Manchester, OL22
£85012/240.81 miRochdale Road, Royton, Oldham, OL22
£67512/240.99 mi-2
£80003/251 mi-2
£75012/231.01 mi-2
£89512/241.04 miRochdale Road, Shaw, Oldham, OL22
£82512/241.07 miRochdale Road, Shaw, Oldham2
£90012/241.08 mi-2
£92512/241.09 mi-2
£90011/241.13 mi-2
£95001/251.15 mi-2
£90004/251.15 mi-2
£87506/241.15 mi-2
£87505/241.15 mi-2
£87505/241.15 mi-2
£85012/241.16 miLewis Street, Oldham2
£85012/241.18 miHigginshaw Lane, Royton2
£1,10012/241.19 mi-2
£89506/241.24 miFarrow Street, Shaw2

Local Area Statistics

Population in OL2

42,193

Population in Oldham

182,174

Town centre distance

1.76 miles away

Nearest school

0.20 miles away

Nearest train station

1.58 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Price changed to £125,000

September 25, 2024

Listed for £130,000

January 15, 2024

Sold for £90,000

2013

Sold for £89,950

2004

Floor Plans

Description

  • Modern Second Floor Apartment +
  • Open Plan Lounge/Kitchen +
  • Two Generous Bedrooms +
  • Bathroom/wc +
  • Central Heating & Double Glazed +
  • Allocated Parking Space +
  • Leasehold - 979 years remaining +
  • Service Charge - £45 Monthly! +
  • Council Tax Band A +
  • NO CHAIN INVOLVED +

JOIN OUR VIP CLUB TO GET A FIRST LOOK AT OUR NEW PROPERTIES CALL THE OFFICE ON TO JOIN OR FOR MORE DETAILS
This Modern, well maintained, Two Bedroom, Second floor apartment has living accommodation that comprises briefly of secure communal entrance, inner hallway, lounge/kitchen, two generous bedrooms and bathroom/wc. This fine home further benefits from gas central heating and is double glazed throughout. the property is situated within easy reach of local schools and amenities, Royton centre, excellent public transport links and the North West motorway network. An internal inspection is strongly recommended. NO CHAIN INVOLVED.

Entrance
Security front door and entrance hall with staircase leading to the second floor.

Front door: Opening through to the entrance hall.

Open Plan Lounge/Kitchen
Open plan area with two central heating radiators and double glazed window to the front.

The kitchen area is fitted with a range of built in kitchen units with work surfaces, integral oven, hob and extractor hood, stainless steel sink unit with mixer tap, plumbing for automatic washing machine, sunken spotlighting and splash back tiling.

Bedroom One
Double bedroom with central heating radiator and double glazed window to the rear.

Bedroom Two
Generous second bedroom with central heating radiator and double glazed window to the front.

Bathroom/wc
With three piece suite in white, vanity sink with mixer tap, splash back tiling, electric shower, shower/bath screen and central heating radiator.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Alistair Stevens & Co, Royton

0161 524 8745

Next Steps?

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