2 Bed Terraced House, Cash/Bridging Only, Mossley, OL5 9PF, £164,950

Clarendon Street, Mossley,, OL5 9PF - a year ago

Cash
~85 m²
+4 photos

ValuationUndervalued

Sold Prices£57.6K - £315K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

~84.60 m²
Price/m²£1.9K/m²

Value Estimate

£169,899
BMV3%

 

 

End Value (After Refurb)

£208,319

Uplift in Value

+26%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£41,238

Stamp Duty & Legal Fees

£6,149

Refurb Costs

£35,772

Bridging Loan Interest

£4,330

Total Cash In

£89,238

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£208,319

Mortgage (After Refinance)

£156,239

Mortgage LTV

75%

Cash Released

£32,527

Cash Left In

£56,711

Equity

£52,080

Rent Range

£550 - £1,245

Rent Estimate

£807

Running Costs/mo

£832

Cashflow/mo

£-25

Cashflow/yr

£-305

Gross Yield

6%

Local Sold Prices

50 sold prices from £57.6K to £315K, average is £150.8K. £1.2K/m² to £3.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£129K12/200.02 mi14, Tabley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PD2
£160K05/230.02 mi10, Tabley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PD2
£125K10/200.03 mi28, Denbigh Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PB2
£175K05/230.03 mi24, Denbigh Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PB2
£117K10/200.04 mi57, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PE2
£144K12/200.04 mi21, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£151.5K07/210.04 mi49, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£140K01/210.04 mi47, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£160K02/230.04 mi10, Derby Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NU2
£80K07/210.05 mi35, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£147K01/240.06 mi28, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£176K02/230.07 mi32, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£57.6K02/230.1 mi33, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£240K07/220.11 mi37, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£170K11/200.11 mi8, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£232K12/220.11 mi26, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£156.5K04/240.12 mi51, Cheshire Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NW2
£150K09/230.12 mi11, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ2
£200K10/200.13 mi21, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA2
£178.8K07/230.13 mi26, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA2
£235K11/220.14 mi8, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£112K05/210.16 mi59, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£140K03/210.16 mi49, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£140K02/210.16 mi37, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£272.5K09/220.17 mi99, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PL2
£210K06/220.17 mi10, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ2
£160K03/210.17 mi32, King Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HX2
£145K06/210.17 mi26, King Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HX2
£175K12/230.19 mi5, Audley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NQ2
£144K01/210.2 mi5, Audley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NQ2
£142K06/210.21 mi11, Andrews Buildings, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JH2
£125K08/230.31 mi53, Egmont Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NB2
£142K03/240.31 mi27, Egmont Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NB2
£148.5K02/210.32 mi72, Bury Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HN2
£146K05/210.32 mi2, Stanhope Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LX2
£152K08/230.32 mi16, Stanhope Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LX2
£167.5K05/210.33 mi121, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AA2
£127.5K11/200.33 mi1, Bury Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9ND2
£202K03/230.34 mi101, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LU2
£165K07/230.34 mi16, The Uplands, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EZ2
£175K02/230.34 mi71, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2
£225K10/220.34 mi11, Marle Rise, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LJ2
£145K02/240.35 mi55, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2
£182K02/240.35 mi67, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2
£90K04/210.35 mi51, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2
£145K02/210.38 mi34, Highfield Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DW2
£127K06/220.39 mi62, Winterford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EQ2
£165K08/230.4 mi71, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EB2
£130K04/210.4 mi55, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EB2
£315K03/240.41 mi8, The Manse, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DP2

Local Rents

21 rents from £550/mo to £1.2K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£75006/240.03 mi-2
£82511/230.04 mi-2
£72512/230.04 mi-2
£79511/240.04 mi-2
£75006/240.07 mi-2
£85002/250.07 mi-2
£75006/240.07 mi-2
£55010/240.12 mi-2
£79512/230.19 mi-2
£79512/230.19 mi-2
£85008/240.29 miWaggon Road, Mossley, Ashton-Under-Lyne, OL52
£85006/240.3 miWaggon Road, Ashton-under-lyne, OL52
£80011/230.31 mi-2
£82501/250.31 mi-2
£79502/240.31 mi-2
£69508/240.43 mi-2
£80006/240.44 miBorder Mill Fold, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£79503/240.45 miPark Street, OL52
£1,24503/240.47 miStamford Road, OL52
£85008/240.47 miCarter Street, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£80006/240.57 miMountain Street, Mossley, Ashton-Under-Lyne2

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.41 miles away

Nearest school

0.20 miles away

Nearest train station

0.42 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £164,950

January 17, 2024

Floor Plans

Description

  • No Vendor Chain +
  • Convenient Location +
  • Communal Yard To Rear +
  • Viewing Highly Recommended +

Home Estate Agents are delighted to offer for sale this two bedroom stone built mid terrace property. With no vendor chain, this property presents a seamless transition for those eager to make it their own. Perfect property for first time buyers or investors.
One of the key advantages of this property is its convenient location, the property is ideally situated for easy access to popular schools, amenities, and Mossley train station. This prime location provides a lifestyle that combines convenience with tranquillity. Viewing Highly Recommended

*currently under refurbishment*

In brief the accommodation comprises of: Lounge and kitchen/diner to the ground floor. Two bedrooms and bathroom to the first floor. Communal yard to the rear.

Ground Floor -

Lounge - 3.91m x 3.81m (12'10" x 12'6") - Door to front, double glazed window to front, radiator, stairs to first floor, door to:

Kitchen/Diner - 3.23m x 3.81m (10'7" x 12'6") - Fitted with a matching range of base and eye level units with worktop space over, inset sink and drainer with mixer tap, plumbing for washing machine, space for fridge/freezer, space for cooker, double glazed window to rear, radiator, door to rear.

First Floor -

Landing - Doors to:

Bedroom 1 - 3.91m x 2.85m (12'10" x 9'4") - Double glazed window to front, radiator, door to storage cupboard.

Bedroom 2 - 3.23m x 2.18m (10'7" x 7'2") - Double glazed window to rear, radiator.

Bathroom - 2.34m x 1.82m (7'8" x 6'0") - Three piece suite comprising bath with shower over, wash hand basin and low-level WC, double glazed window to rear, radiator.

Outside - Communal yard to the rear.

Disclaimer - Home Estate Agents believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof. The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/her self of all measurements prior to purchase.

Before we can accept an offer for any property we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property we will require proof of funds. You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.

-

Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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