2 Bed Terraced House, Single Let, Rochdale, OL12 8DH, £130,000

Elm Street, Whitworth, Rochdale, OL12 8DH - 2 views - 10 months ago

Sold STC
BTL
ROI: 4%
~53 m²
+6 photos

ValuationOvervalued

Sold Prices£75K - £230K
Sold Prices/m²£765/m² - £4.4K/m²

 

 

Square Metres

~52.60 m²
Price/m²£2.5K/m²

Value Estimate

£90,690

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£625 - £975

Rent Estimate

£700

Running Costs/mo

£566

Cashflow/mo

£134

Cashflow/yr

£1,605

ROI

4%

Gross Yield

6%

Local Sold Prices

42 sold prices from £75K to £230K, average is £130K. £765/m² to £4.4K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£175K04/240.04 mi48, Spodden Cottages, Whitworth, Rochdale, Lancashire OL12 8DL2
£75K03/240.07 mi663, Market Street, Whitworth, Rochdale, Lancashire OL12 8DP2
£75K03/240.07 mi663, Market Street, Whitworth, Rochdale, Lancashire OL12 8DP2
£160K08/230.09 mi51, Cowm Park Way North, Whitworth, Rochdale, Lancashire OL12 8LW2
£113.7K12/220.11 mi75, James Street, Whitworth, Rochdale, Lancashire OL12 8DF2
£110K07/240.12 mi727, Market Street, Whitworth, Rochdale, Lancashire OL12 8LD2
£136K08/240.13 mi1, Parkside, Whitworth, Rochdale, Lancashire OL12 8DT2
£100K06/240.14 mi2, Alfred Street, Whitworth, Rochdale, Lancashire OL12 8JP2
£130K06/230.14 mi18, Alfred Street, Whitworth, Rochdale, Lancashire OL12 8JP2
£163K04/210.18 mi23, John Street, Whitworth, Rochdale, Lancashire OL12 8BT2
£230K06/240.26 miOaklea, Market Street, Whitworth, Rochdale, Lancashire OL12 8DY2
£108K07/240.27 mi1, John Street, Whitworth, Rochdale, Lancashire OL12 8BN2
£140K02/230.27 mi25, Tong End, Whitworth, Rochdale, Lancashire OL12 8BJ2
£92.5K12/200.32 mi36, Acre Street, Whitworth, Rochdale, Lancashire OL12 8QT2
£165K04/240.35 mi787, Market Street, Whitworth, Rochdale, Lancashire OL12 8NA2
£147K11/230.35 mi783, Market Street, Whitworth, Rochdale, Lancashire OL12 8NA2
£115K11/200.36 mi581, Market Street, Whitworth, Rochdale, Lancashire OL12 8QS2
£161K03/230.49 mi15, William Street, Whitworth, Rochdale, Lancashire OL12 8AT2
£130K06/230.53 mi493, Market Street, Whitworth, Rochdale, Lancashire OL12 8QN2
£155K10/230.53 mi517, Market Street, Whitworth, Rochdale, Lancashire OL12 8QN2
£80K03/210.63 mi370, Market Street, Whitworth, Rochdale, Lancashire OL12 8QL2
£75K08/210.63 mi407, Market Street, Whitworth, Rochdale, Lancashire OL12 8QL2
£75K08/210.63 mi407, Market Street, Whitworth, Rochdale, Lancashire OL12 8QL2
£103K02/210.63 mi405, Market Street, Whitworth, Rochdale, Lancashire OL12 8QL2
£207.5K06/230.68 mi4, Oak View, Whitworth, Rochdale, Lancashire OL12 8NS2
£134K07/240.74 mi15, Taylor Street, Whitworth, Rochdale, Lancashire OL12 8PT2
£150K06/230.75 mi19, Church Street, Whitworth, Rochdale, Lancashire OL12 8QG2
£125K02/230.82 mi21, Union Street, Whitworth, Rochdale, Lancashire OL12 8PR2
£115K01/230.83 mi6, Victoria Street, Whitworth, Rochdale, Lancashire OL12 8PL2
£105K12/200.84 mi2, Princess Street, Whitworth, Rochdale, Lancashire OL12 8PN2
£105K02/210.84 mi7, Princess Street, Whitworth, Rochdale, Lancashire OL12 8PN2
£130K07/240.84 mi6, Princess Street, Whitworth, Rochdale, Lancashire OL12 8PN2
£110K01/230.84 mi8, Princess Street, Whitworth, Rochdale, Lancashire OL12 8PN2
£95K12/200.86 mi21, Albert Street, Whitworth, Rochdale, Lancashire OL12 8PJ2
£160K09/210.87 mi14, Spodden Fold, Whitworth, Rochdale, Lancashire OL12 8TP2
£145K10/210.87 mi20, Spodden Fold, Whitworth, Rochdale, Lancashire OL12 8TP2
£137K11/200.87 mi12, Spodden Fold, Whitworth, Rochdale, Lancashire OL12 8TP2
£185K06/240.87 mi2, Spodden Fold, Whitworth, Rochdale, Lancashire OL12 8TP2
£137.5K12/200.87 mi8, Spodden Fold, Whitworth, Rochdale, Lancashire OL12 8TP2
£160K04/240.93 mi238, Market Street, Shawforth, Rochdale, Lancashire OL12 8EG2
£107.5K01/230.97 mi246, Market Street, Shawforth, Rochdale, Lancashire OL12 8EG2
£110K06/210.99 mi13, Moss Side Street, Shawforth, Rochdale, Lancashire OL12 8EP2

Local Rents

14 rents from £625/mo to £975/mo, average is £793/mo.

RentDateDistanceAddressBeds 
£97504/240.14 mi-2
£75006/240.15 miMarket Street, Whitworth, OL122
£80004/250.22 mi-2
£82502/250.27 mi-2
£62506/240.27 miJohn Street, Whitworth, OL122
£85004/250.29 mi-2
£70006/240.48 miVILLAGE COURT, Whitworth, Rossendale OL12 8RH2
£72503/240.49 mi-2
£72512/240.5 miVillage Court, Whitworth, OL122
£78508/240.67 mi-2
£80012/240.67 miMarket Street, Whitworth, Rochdale, OL122
£70007/230.71 mi-2
£85006/240.84 mi-2
£85012/241.17 miWALLBANK DRIVE, Whitworth, Rossendale OL12 8UL2

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

2.93 miles away

Nearest school

0.10 miles away

Nearest train station

3.33 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £130,000

June 19, 2024

Floor Plans

Description

  • Whitworth +
  • Two Bedrooms +
  • End Terraced +
  • Very Well Presented +
  • Garden Fronted +
  • Freehold +
  • Ideal For First Time Buyers +
  • Ideal For Investment +
  • EPC - D +
  • Council Tax Band - A +

SUMMARY
A great two bedroom end terraced property is available For Sale in the sought after area of Whitworth.

An ideal First Time Buy or Investment opportunity, the property briefly comprises of Entrance Vestibule, spacious lounge and kitchen to the ground floor. The first floor offers two bedrooms and a family bathroom.

Externally there is a yard to the front and on street parking is offered.

Early viewings are highly recommended.  

KEY FACTS FOR BUYERS
To view our Keys Fact for Buyers report which contains information specific to the property, please open or download the brochure 

ENTRANCE VESTIBULE
Neutral decor, laminate flooring, UPVC door, radiator
 

LOUNGE 14' 9" x 14' 5" (4.52m x 4.41m)
Neutral decor, laminate flooring, feature fireplace, radiator, original framed window, vertical blinds 

KITCHEN 10' 1" x 5' 2" (3.08m x 1.58m)
Neutral decor, a range of wall and base units, ceramic sink, tiled floor, original framed window, radiator
 

BEDROOM ONE 9' 8" x 13' 1" (2.96m x 4m)
Neutral decor, carpet, original framed window, radiator
 

BEDROOM TWO 12' 2" x 5' 7" (3.71m x 1.71m)
Neutral decor, carpet, original framed window, radiator 

BATHROOM 4' 9" x 9' 10" (1.46m x 3.01m)
Neutral decor, partially tiled walls, white three piece bathroom suite, original framed window, radiator 

EXTERNAL
Externally there is a yard to the front. On street parking.  

NEED A MORTGAGE?
Why be restricted to your current or high street lenders rates?

Especially when Martin & Co can introduce you to our Mortgage Advisor with access to a comprehensive panel of over 80 lenders, including a range of off market products, offering potential savings against your current lender.

Call today to arrange a ten-minute (no obligation) telephone consultation (at a time to suit you)

One quick call could potentially save you thousands of pounds over the course of your mortgage.

Please remember, your home is at risk if you do not keep up with your mortgage repayments. 

THINKING OF SELLING?
At Martin & Co we have over 25 years' experience working with landlords, tenants, sellers, buyers and investors.

We have over 160 owner managed offices throughout the UK ready to help you let a property, rent a new home, buy or sell.

Don't take our word for it, let our actions convince you!!

Martin & Co Rochdale and Bury are licensed and regulated by The Property Ombudsman, ARLA and NAEA Propertymark for your peace of mind.

Please contact our office today to discuss your individual requirements, or to arrange a free no obligation valuation. 

RESERVATION AGREEMENT
Should you be successful in your offer to purchase the property and in order to place the property "under offer", you may be required to complete a reservation agreement and pay a (refundable at completion) reservation fee, details available upon request.

Agent Details

Martin & Co, Rochdale & Oldham

01706 335881

Next Steps?

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