2 Bed Terraced House, Single Let, Rochdale, OL11 2JT, £120,000

Platting Lane, Rochdale, OL11 2JT 2JT - 7 views - a year ago

Sold STC
BTL
ROI: 4%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£60K - £167.5K
Sold Prices/m²£867/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£90,527

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

£650 - £950

Rent Estimate

£656

Running Costs/mo

£526

Cashflow/mo

£130

Cashflow/yr

£1,558

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £60K to £167.5K, average is £107.2K. £867/m² to £3.5K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£106.5K09/230.02 mi39, Greenfield Street, Rochdale, Greater Manchester OL11 2JX2
£85K06/240.02 mi47, Greenfield Street, Rochdale, Greater Manchester OL11 2JX2
£104K08/210.07 mi5, Burlington Street, Rochdale, Greater Manchester OL11 2EX2
£127.5K02/240.07 mi3, Burlington Street, Rochdale, Greater Manchester OL11 2EX2
£60K12/200.08 mi27, Lower Street, Rochdale, Greater Manchester OL16 4TG2
£145K04/240.11 mi32, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ2
£160K10/230.11 mi60, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ2
£88K04/210.11 mi54, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ2
£140K12/230.11 mi67, Queen Victoria Street, Rochdale, Greater Manchester OL11 2HF2
£122K12/220.11 mi94, Clarendon Street, Rochdale, Greater Manchester OL16 4UB2
£155K07/240.12 mi100, Clarendon Street, Rochdale, Greater Manchester OL16 4UB2
£78K04/230.13 mi58, Watkin Street, Rochdale, Greater Manchester OL16 4UJ2
£100K01/230.13 mi61, Watkin Street, Rochdale, Greater Manchester OL16 4UJ2
£132.5K02/210.16 mi22, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TZ2
£122.5K04/210.17 mi8, Buersil Avenue, Rochdale, Greater Manchester OL16 4TP2
£78.5K11/200.17 mi597, Oldham Road, Rochdale, Greater Manchester OL16 4SU2
£100K06/210.18 mi23, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£127K09/230.18 mi10, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£90K11/230.18 mi15, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£135K07/230.21 mi15, Schofield Street, Rochdale, Greater Manchester OL11 1BA2
£100K05/240.21 mi114, Queensway, Rochdale, Greater Manchester OL11 1TJ2
£114K12/200.22 mi20, Broad Lane, Rochdale, Greater Manchester OL16 4PG2
£111.8K09/230.23 mi2, Great Gates Close, Rochdale, Greater Manchester OL11 2HW2
£113K02/240.23 mi14, Great Gates Close, Rochdale, Greater Manchester OL11 2HW2
£102K03/210.27 mi47, Broad Lane, Rochdale, Greater Manchester OL16 4PL2
£167.5K10/230.27 mi11, Stiups Lane, Rochdale, Greater Manchester OL16 4XR2
£60K03/210.28 mi32, Well Street, Rochdale, Greater Manchester OL11 1AX2
£81.5K01/210.28 mi15, Well Street, Rochdale, Greater Manchester OL11 1AX2
£135K08/230.29 mi1, Crown Gardens, Rochdale, Greater Manchester OL16 5LG2
£140K11/220.32 mi84, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR2
£108K11/200.35 mi73, Percy Street, Rochdale, Greater Manchester OL16 5LF2
£152K11/220.35 mi79, Percy Street, Rochdale, Greater Manchester OL16 5LF2
£67.5K12/200.36 mi37, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£94.5K06/230.36 mi15, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£90K03/240.36 mi9, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£92K06/210.39 mi107, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£75K12/200.39 mi110, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£148K02/240.39 mi87, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£125K10/230.39 mi73, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£160.5K10/230.41 mi28, Green Bridge Close, Rochdale, Greater Manchester OL11 1TL2
£115K12/220.43 mi9, Tennyson Street, Rochdale, Greater Manchester OL11 1LY2
£83K03/210.43 mi86, Royds Street, Rochdale, Greater Manchester OL16 5JS2
£105K02/230.44 mi10, Sandfield Road, Rochdale, Greater Manchester OL16 5LE2
£152K02/230.44 mi19, Sandfield Road, Rochdale, Greater Manchester OL16 5LE2
£80K03/210.45 mi10, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£110K02/240.45 mi27, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£83K03/210.46 mi5, Philip Street, Rochdale, Greater Manchester OL11 1PJ2
£106K05/240.47 mi10, Culvert Street, Rochdale, Greater Manchester OL16 4RG2
£120K12/220.47 mi10, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£101K04/210.47 mi10, Arkwright Way, Rochdale, Greater Manchester OL11 2DL2

Local Rents

14 rents from £650/mo to £950/mo, average is £885/mo.

RentDateDistanceAddressBeds 
£89512/240.05 mi-2
£92504/250.05 mi-2
£89504/250.18 mi-2
£85006/240.29 miRhodes Crescent, Rochdale2
£85012/240.35 miPercy Street, Rochdale2
£89504/250.35 mi-2
£80012/240.4 miPrince Street, Rochdale2
£65006/240.44 miCanberra Way, Balderstone Place, Rochdale, Lancashire, OL112
£87504/250.48 mi-2
£85004/250.49 mi-2
£92512/240.49 mi-2
£95003/250.52 mi-2
£92503/250.57 mi-2
£77511/230.58 mi-2

Local Area Statistics

Population in OL11

45,506

Population in Rochdale

128,851

Town centre distance

1.73 miles away

Nearest school

0.10 miles away

Nearest train station

0.67 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £120,000

January 15, 2024

Floor Plans

Description

  • NO CHAIN - TWO BEDROOM TERRACED HOME +
  • WELL PRESENTED AND SPACIOUS +
  • LARGE LOUNGE +
  • KITCHEN / BREAKFAST AREA +
  • REAR PORCH EXTENSION +
  • TWO LARGE DOUBLE BEDROOMS +
  • FAMILY BATHROOM +
  • PAVED YARD AREA TO REAR +
  • ON STREET PARKING +
  • VIEWINGS COME HIGHLY RECOMMENDED +

NO CHAIN: TWO BEDROOM MID-TERRACED HOME, SITUATED ONLY A FEW MINUTES FROM ROCHDALE TOWN CENTRE, CLOSE TO ALL MAJOR TRANSPORT LINKS WITH EASY ACCESS TO MANCHESTER, LIVERPOOL AND LEEDS.
Andrew Kelly and Associates are delighted to offer for sale this spacious TWO BEDROOM MID - TERRACED HOME, situated in a popular residential location, close to Rochdale town centre, which provides easy access to local amenities including schools, shops, bars and restaurants, as well as being a short drive away from Sandbrook Park, M62 motorway network and Rochdale train station, which offers easy access to Leeds, Manchester and Liverpool. The accommodation comprises briefly of an entrance, large lounge with feature fireplace, kitchen with breakfast area and a rear porch extension. To the first floor there are TWO DOUBLE BEDROOMS and a family bathroom. Externally to the front is on street parking. To the rear there is a paved patio area with a wooden shed.
VIEWINGS COME HIGHLY RECOMMENDED TO APPRECIATE THE SIZE, LOCATION AND ACCOMMODATION ON OFFER.

Agent Details

Andrew Kelly, Yorkshire Street

01706 335876

Next Steps?

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