3 Bed Terraced House, Cash/Bridging Only, Mossley, OL5 9QD, £195,590

Manchester Road, Mossley,, OL5 9QD - 9 months ago

Cash
ROI: 4%
~97 m²
+5 photos

ValuationUndervalued

Sold Prices£110K - £335K
Sold Prices/m²£1.1K/m² - £3.5K/m²

 

 

Square Metres

~96.60 m²
Price/m²£2K/m²

Value Estimate

£205,949
BMV3%

 

 

End Value (After Refurb)

£230,622

Uplift in Value

+15%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£48,898

Stamp Duty & Legal Fees

£7,199

Refurb Costs

£40,846

Bridging Loan Interest

£5,134

Total Cash In

£103,827

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£230,622

Mortgage (After Refinance)

£172,966

Mortgage LTV

75%

Cash Released

£26,274

Cash Left In

£77,553

Equity

£57,655

Rent Range

£850 - £3,300

Rent Estimate

£1,314

Running Costs/mo

£1,003

Cashflow/mo

£311

Cashflow/yr

£3,726

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £110K to £335K, average is £233.5K. £1.1K/m² to £3.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£220K06/210.36 mi403, Wakefield Road, Heyrod, Stalybridge, Greater Manchester SK15 3BL3
£265K08/210.44 mi6, Pennine View, Heyrod, Stalybridge, Greater Manchester SK15 3BT3
£117.5K02/210.47 mi18, Woodside Street, Carrbrook, Stalybridge, Greater Manchester SK15 3SB3
£221K04/210.47 mi28, Crowswood Drive, Stalybridge, Greater Manchester SK15 3RJ3
£295K06/230.47 mi35, Crowswood Drive, Stalybridge, Greater Manchester SK15 3RJ3
£197.5K01/230.49 mi10, Beechwood Avenue, Stalybridge, Greater Manchester SK15 3BX3
£121K10/200.49 mi6, Tipperary Street, Carrbrook, Stalybridge, Greater Manchester SK15 3PR3
£167.5K04/210.51 mi4, Beechwood Avenue, Stalybridge, Greater Manchester SK15 3BX3
£285K03/210.53 mi15, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW3
£275K12/200.53 mi1, Wildmoor Wood Close, Stalybridge, Greater Manchester SK15 3RW3
£280K05/230.58 mi87, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DL3
£172K08/210.6 mi85, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ3
£155K03/210.61 mi1, East Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LN3
£235K01/230.64 mi28, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DN3
£175K07/230.64 mi43, Bank Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LB3
£171K01/210.65 mi4, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DN3
£179K01/210.67 mi418, Huddersfield Road, Millbrook, Stalybridge, Greater Manchester SK15 3JL3
£185K12/220.67 mi5, Moorland Road, Carrbrook, Stalybridge, Greater Manchester SK15 3JY3
£292K11/220.67 mi43, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£162.5K05/210.68 mi14, Buckton Vale Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LW3
£237.5K06/210.68 mi10, Grove Road, Millbrook, Stalybridge, Greater Manchester SK15 3BE3
£310K02/230.69 mi18, Cypress Oaks, Stalybridge, Greater Manchester SK15 3GA3
£193K04/210.69 mi55, Moorgate Drive, Carrbrook, Stalybridge, Greater Manchester SK15 3LX3
£255K02/210.69 mi23, Moorgate Drive, Carrbrook, Stalybridge, Greater Manchester SK15 3LX3
£227K03/210.69 mi24, Cypress Oaks, Stalybridge, Greater Manchester SK15 3GA3
£293K06/230.69 mi16, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£298K08/230.69 mi37, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£110K02/210.69 mi3, Oxford Street, Millbrook, Stalybridge, Greater Manchester SK15 3JJ3
£130K11/220.69 mi5, Oxford Street, Millbrook, Stalybridge, Greater Manchester SK15 3JJ3
£273.5K08/230.69 mi19, Barngate Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DH3
£260K06/230.7 mi73, Carrbrook Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3LR3
£285K08/230.7 mi46, Carrbrook Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3LR3
£225K06/230.7 mi125, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AA3
£195K06/210.71 mi30, Princess Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PH3
£207K12/200.71 mi137, Old Road, Ashton-under-lyne, Greater Manchester OL6 9DA3
£181.5K01/210.72 mi118, Broadhill Road, Stalybridge, Greater Manchester SK15 1HW3
£234K08/230.72 mi84, Broadhill Road, Stalybridge, Greater Manchester SK15 1HW3
£280K02/210.72 mi20, Carrbrook Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LT3
£245K11/210.72 mi10, Carrbrook Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LT3
£233K08/210.72 mi5, Brierley Close, Ashton-under-lyne, Greater Manchester OL6 9DE3
£260K04/240.72 mi4, Brierley Close, Ashton-under-lyne, Greater Manchester OL6 9DE3
£335K09/230.72 mi21, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ3
£300K07/230.72 mi19, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ3
£130K10/200.72 mi5, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ3
£250K07/220.73 mi2, Princess Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PH3
£172.5K01/210.73 mi6, Pebble Close, Stalybridge, Greater Manchester SK15 1HZ3
£270K12/220.73 mi79, Kingsley Close, Ashton-under-lyne, Greater Manchester OL6 9DF3
£285K09/220.73 mi7, The Manse, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DP3
£265K07/230.74 mi7, Moorgate Mews, Carrbrook, Stalybridge, Greater Manchester SK15 3RG3
£165K12/200.74 mi54, Gorsey Lane, Ashton-under-lyne, Greater Manchester OL6 9BT3

Local Rents

33 rents from £850/mo to £3.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95006/230.05 mi-3
£1,00006/240.6 mi-3
£1,59508/240.64 miArlies Lane, Stalybridge, Greater Manchester, SK153
£1,10011/230.7 mi-3
£99507/240.7 mi-3
£1,05003/250.72 mi-3
£1,35008/240.8 miMoorgate Road, Stalybridge, Greater Manchester, SK153
£3,30006/240.8 mi-3
£3,30006/240.8 mi-3
£3,30009/240.8 mi-3
£1,35009/240.83 miLowfield Avenue, Ashton, 3
£1,15003/250.89 mi-3
£1,35008/240.91 miLadysmith Road, Ashton-under-Lyne, Greater Manchester, OL63
£85009/240.92 miKing Street, OL53
£1,35008/240.94 miLadysmith Road, Ashton U Lyne3
£1,25007/240.98 miCravenwood, Ashton-Under-Lyne, OL63
£1,40010/241.01 mi-3
£1,20003/251.01 mi-3
£1,40008/241.01 miSchool Crescent, Stalybridge, SK153
£1,15003/251.03 mi-3
£90011/241.03 mi-3
£90011/241.03 mi-3
£1,30008/241.05 mi-3
£1,30008/241.05 mi-3
£1,10004/241.07 mi-3
£1,10010/241.07 mi-3
£95002/241.1 mi-3
£1,10004/241.1 mi-3
£1,40003/251.11 mi-3
£95007/241.14 mi-3
£95006/241.14 miWaterton Lane, Mossley, Ashton-Under-Lyne3
£1,05006/241.21 miCross Street, OL53
£95010/241.22 mi-3

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.96 miles away

Nearest school

0.70 miles away

Nearest train station

0.86 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Price changed to £195,590

December 4, 2024

Listed for £199,950

July 11, 2024

Floor Plans

Description

  • Accommodation Spread Over Three Floors +
  • Two Reception Rooms +
  • Garden Fronted +
  • Yard To The Rear +
  • Conveniently Located +
  • Viewing Essential! +

Presenting a charming three-bedroom stone-built mid-terrace property with spacious accommodation spread over three floors. This delightful home features two reception rooms and is conveniently situated in Mossley, offering easy access to Mossley train station, Stalybridge, and local amenities.
Nature enthusiasts will appreciate the variety of scenic walks nearby, including picturesque canalside strolls, bridleways, Stalybridge Country Park, and the beautiful Dovestones Reservoir. The property boasts stunning countryside views, providing a tranquil and idyllic setting.

The ground floor comprises an entrance vestibule, lounge, dining room, and a well-appointed kitchen. The first floor includes two comfortable bedrooms and a shower room, while the second floor features an additional bedroom.
Additionally, the property benefits from a forecourt garden to the front and a paved yard area to the rear, offering ample outdoor space for relaxation and entertaining.

This property is perfect for families, couples, or individuals seeking a beautiful semi rural setting whilst still being conveniently located for a range of local shops, schools, and recreational facilities. The proximity to Mossley train station makes commuting to nearby towns and cities straightforward, while the nearby road networks provide excellent connectivity. Don't miss the chance to make this delightful house your new home. Viewing Highly Recommended

Ground Floor -

Entrance Vestibule - Door to front, door leading to:

Lounge - 3.89m x 4.44m (12'9" x 14'7") - Double glazed window to front, feature fireplace, radiator, door leading to:

Dining Room - 3.66m x 4.44m (12'0" x 14'7") - Double glazed window to rear, radiator, stairs leading to first floor, door to under stairs storage, door leading to:

Kitchen - 2.24m x 2.16m (7'4" x 7'1") - Fitted with a matching range of base and eye level units with worktop space over, inset sink and drainer with mixer tap, tiled splashbacks, plumbing for washing machine, space for fridge/freezer, space for cooker, double glazed window to rear, door to side leading out to rear.

First Floor -

Landing - Stairs leading to second floor, doors leading to:

Bedroom 1 - 3.91m x 4.44m (12'10" x 14'7") - Double glazed window to front, radiator.

Bedroom 2 - 3.66m x 2.59m (12'0" x 8'6") - Double glazed window to rear, radiator.

Shower Room - 2.17m x 2.16m (7'1" x 7'1") - Three piece suite comprising shower area, pedestal wash hand basin and low-level WC, part tiled walls, double glazed window to rear, radiator.

Second Floor -

Bedroom 3 - 4.31m x 4.34m (14'2" x 14'3") - Double glazed velux window to rear, radiator.

Outside - Forecourt garden to the front. Paved yard area 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.

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Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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