2 Bed Flat, Single Let, Oldham, OL3 6AJ, £350,000

10 Spring Mill, Uppermill, Oldham, OL3 6AJ - 2 views - 10 months ago

Leasehold
BTL
92 m²
+13 photos

ValuationOvervalued

Sold Prices£100K - £255K
Sold Prices/m²£2.1K/m² - £4.1K/m²

 

 

Square Metres

92 m²
Price/m²£3.8K/m²

Value Estimate

£270,159

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£785 - £1,695

Rent Estimate

£809

Running Costs/mo

£1,276

Cashflow/mo

£-467

Cashflow/yr

£-5,599

Gross Yield

3%

Local Sold Prices

24 sold prices from £100K to £255K, average is £201K. £2.1K/m² to £4.1K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£100K05/230.16 mi21, Hopkinson Close, Uppermill, Oldham, Greater Manchester OL3 6BB2
£147.8K05/210.24 mi4, Glengarth, Uppermill, Oldham, Greater Manchester OL3 6HU2
£189.9K10/200.27 mi7, Outram Mews, Uppermill, Oldham, Greater Manchester OL3 6BE2
£230K06/210.35 miFlat 3, Holmdale, Heathfields Square, Uppermill, Oldham, Greater Manchester OL3 6EX2
£230K12/220.35 miFlat 2, Holmdale, Heathfields Square, Uppermill, Oldham, Greater Manchester OL3 6EX2
£168K12/230.65 miApartment 48, The Wharf, Wool Road, Dobcross, Oldham, Greater Manchester OL3 5QR2
£160K01/210.65 miApartment 11, The Wharf, Wool Road, Dobcross, Oldham, Greater Manchester OL3 5QR2
£150K03/210.68 mi10, Frenches Court, Greenfield, Oldham, Greater Manchester OL3 7AB2
£255K07/230.76 mi100, Chew Valley Road, Greenfield, Oldham, Greater Manchester OL3 7DB2
£192K02/210.87 mi12, Bowler Way, Greenfield, Oldham, Greater Manchester OL3 7FQ2
£185K05/230.89 mi47, Chew Brook Drive, Greenfield, Oldham, Greater Manchester OL3 7PD2
£178K10/230.89 mi48, Chew Brook Drive, Greenfield, Oldham, Greater Manchester OL3 7PD2
£254.9K09/230.89 miApartment 42, The Mill, Tamewater Court, Dobcross, Oldham, Greater Manchester OL3 5GD2
£180K08/210.89 miApartment 38, The Mill, Tamewater Court, Dobcross, Oldham, Greater Manchester OL3 5GD2
£212.5K03/210.89 miApartment 37, The Mill, Tamewater Court, Dobcross, Oldham, Greater Manchester OL3 5GD2
£237K07/210.89 miApartment 41, The Mill, Tamewater Court, Dobcross, Oldham, Greater Manchester OL3 5GD2
£232.5K02/230.89 miApartment 45, The Mill, Tamewater Court, Dobcross, Oldham, Greater Manchester OL3 5GD2
£215K11/210.93 mi39, Butterworth Way, Greenfield, Oldham, Greater Manchester OL3 7PS2
£239K08/220.93 mi29, Butterworth Way, Greenfield, Oldham, Greater Manchester OL3 7PS2
£220K07/220.93 mi12, Butterworth Way, Greenfield, Oldham, Greater Manchester OL3 7PS2
£218K06/220.93 mi41, Butterworth Way, Greenfield, Oldham, Greater Manchester OL3 7PS2
£206K09/230.95 mi28, Rimmon Close, Greenfield, Oldham, Greater Manchester OL3 7FN2
£179.9K10/230.95 mi14, Rimmon Close, Greenfield, Oldham, Greater Manchester OL3 7FN2
£196K03/230.95 mi11, Rimmon Close, Greenfield, Oldham, Greater Manchester OL3 7FN2

Local Rents

15 rents from £785/mo to £1.7K/mo, average is £960/mo.

RentDateDistanceAddressBeds 
£90012/240.04 mi-2
£92512/240.08 mi-2
£97506/240.08 miAlexandra Mill, Uppermill, OL32
£78512/240.08 mi-2
£78512/240.08 mi-2
£85012/240.16 miChurch Road, Uppermill, Oldham, OL32
£96012/240.21 mi-2
£1,05006/240.55 miLowerfields, OL32
£1,69502/250.64 mi-2
£1,20012/240.71 miThe Square, Dobcross, Oldham, OL32
£87506/240.75 miChew Valley Road, Greenfield, Saddleworth, Greater Manchester, OL32
£1,39506/240.84 mi-2
£1,45010/240.84 mi-2
£1,10012/241.13 miLark Mews, The Nook, Greenfield, Oldham, OL32
£90012/241.18 miClough Lane, OL42

Local Area Statistics

Population in OL3

15,192

Population in Oldham

182,174

Town centre distance

3.84 miles away

Nearest school

0.50 miles away

Nearest train station

0.67 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Listed for £350,000

May 28, 2024

Floor Plans

Description

  • Duplex Apartment +
  • Two Dedicated Parking +
  • Riverside Location +
  • Very Well Presented +
  • 2 Bathrooms +
  • Central Uppermill +

This fabulous river side two bed duplex apartment is located within a gated mill conversion close to the centre of Uppermill, just off the High Street. It offers very spacious modern accommodation over two floors, along with two parking spaces, plenty of storage and communal patios. This converted mill is within easy walking distance of the local train station and there are good commutes to the local motorway network. The property has internal piped music installed, is fully double glazed, has a gas central heating system (underfloor heating to the lower floor) and modern fittings throughout. It features an entrance hall, storage cupboard and master bedroom with newly fitted en suite. Stairs then descend to the open plan living area of kitchen / lounge and dining, bedroom two, a spacious storage area and a further newly fitted bathroom. Externally the parking areas are barrier protected and the two patios overlook the local river. The apartment has a lock up store room accessed from the car park. A wonderful modern apartment.

Council Tax Band E. Leasehold 999 years from 2001

Communal Entrance and Entrance Hall
The communal hall is accessed via a secure intercom control system. The hall is very tastefully decorated.

Open Plan Kitchen / Lounge and Dining Area 8.48m (27' 10") x 5.52m (18' 1")
Located on the lower of the two floors, this wonderful open plan living area provides plenty of living space and has under floor heating.

Kitchen Area
The kitchen has a selection of base and wall units with splash back and complimentary work tops and comes complete with an array of inbuilt appliances which consist of gas hob and extractor, oven and grill, microwave, dish washer, fridge, freezer, washing machine and wine cooler. There are lovely views of the river through the kitchen windows. The kitchen has been designed with a breakfast bar for occasional dining.

Lounge Area
The spacious lounge area can fit a variety of different sofa styles and occasional furniture and still providing plenty of room for the dining area. There are large windows overlooking the river providing plenty of natural light.

Dining Area
The open plan room can accommodate a family size table and chairs for those who like formal dining or a smaller table and chairs for occasional dining.

Bedroom 2 4.33m (14' 2") x 2.47m (8' 1")
Bedroom two has under floor heating and is large enough to fit a double and bedroom furniture. The room has fitted wardrobes fitted and the present owner uses some of the space for an office desk and chair.

Storage Cupboard
Accessed via a door at the rear of bedroom two, this good size storage room houses the combi boiler and is shelved out from floor to ceiling providing useful storage.

Bathroom
The newly fitted bathroom is fully tiled and has a three-piece modern suite fitted comprising of a low-level WC, vanity wash hand basin with storage and a bath with mixer taps, glazed shower screen and mains fed shower mixer taps.

Stairs to Landing
Stairs from the lower hall rise to the entrance landing.

Master Bedroom 3.56m (11' 8") x 3.12m (10' 3")
The main bedroom has lovely views through the large windows. The room has fitted wardrobes to two walls, is heated by a radiator and can accommodate a king size bed and the benefit of an en suite.

En Suite
The newly fitted en suite is fully tiled and comprises of a low-level WC, vanity wash hand basin and shower cubicle with mains fed mixer shower. A side facing window provides natural light.

Externally
The car park is barrier protected with dedicated tandem parking along with three visitor parking spaces. The dedicated lock up storeroom (8'6" x 6') is accessed from the car park. Stone flagged steps then descend to two communal patio areas overlooking the river.

Agent Details

Bridges, Uppermill

01457 601816

Next Steps?

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