3 Bed Semi-Detached House, Cash/Bridging Only, Mossley, OL5 9DN, £235,000

The Larches, Mossley, OL5 9DN - 8 months ago

Cash
ROI: 4%
~92 m²
+11 photos

ValuationFair Value

Sold Prices£118K - £370K
Sold Prices/m²£1.1K/m² - £4.3K/m²

 

 

Square Metres

~92 m²
Price/m²£2.6K/m²

Value Estimate

£235,000

 

 

End Value (After Refurb)

£235,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£12,950

Refurb Costs

£38,901

Bridging Loan Interest

£6,169

Total Cash In

£118,520

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£235,000

Mortgage (After Refinance)

£176,250

Mortgage LTV

75%

Cash Left In

£118,520

Equity

£58,750

Rent Range

£800 - £3,300

Rent Estimate

£1,455

Running Costs/mo

£1,045

Cashflow/mo

£410

Cashflow/yr

£4,916

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £118K to £370K, average is £225K. £1.1K/m² to £4.3K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£165K06/210.11 mi6, The Beeches, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EW3
£120K12/200.12 mi16, Brackenhurst Avenue, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JS3
£167K12/200.12 mi53, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF3
£225K08/220.13 mi3, Moorlands Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HA3
£118K04/210.14 mi6, Gorse Avenue, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JT3
£161.5K01/210.16 mi60a, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JB3
£195K08/230.19 mi36, King Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HX3
£152.5K02/210.2 mi50, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NL3
£245K10/230.23 mi15, Cocksfoot Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JA3
£230K03/210.23 mi40, Cocksfoot Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JA3
£235K06/210.23 mi3, Abney Grange, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LP3
£169K03/210.23 mi31a, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT3
£260K06/220.24 mi5, Abney Grange, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LP3
£210K07/210.24 mi5, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HU3
£235K06/210.25 mi3, Abney Grange, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LP3
£201K03/210.26 mi1, Newbridge View, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SE3
£230K02/230.26 mi33, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ3
£150K11/200.26 mi93, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ3
£223K09/220.28 mi25a, Denbigh Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PB3
£295K09/220.28 mi25, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA3
£215K06/210.28 mi29, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA3
£200K06/210.28 mi22, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA3
£118.5K01/210.32 mi49, Cheshire Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NW3
£135K06/210.32 mi13, Cheshire Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NW3
£245K11/220.32 mi120, Three Counties Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GA3
£270K06/220.33 mi7, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£218.5K12/210.34 mi4, Border Mill Fold, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GD3
£292K09/210.38 mi122, Three Counties Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GA3
£235K01/210.38 mi130, Three Counties Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GA3
£335K09/230.39 mi21, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ3
£300K07/230.39 mi19, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ3
£130K10/200.39 mi5, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ3
£293K06/230.41 mi16, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£298K08/230.41 mi37, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£250K07/220.41 mi2, Princess Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PH3
£292K11/220.44 mi43, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£195K06/210.44 mi30, Princess Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PH3
£370K12/200.45 mi114a, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY3
£235K07/230.46 mi24, Woodbank Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SP3
£165K03/210.49 mi17, New Earth Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SL3
£225K06/230.5 mi125, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AA3
£285K09/220.52 mi7, The Manse, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DP3
£250K12/220.53 mi80, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE3
£161.5K01/210.54 mi1, Park Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0AU3
£275K07/210.55 mi9, Hanover Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0LQ3
£215K02/210.55 mi9, Meadow Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DS3
£245K08/210.55 mi19, Meadow Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DS3
£172K08/210.56 mi85, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ3
£253.5K03/230.56 mi20, Dale Avenue, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DG3
£190K01/210.57 mi62, Stamford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BG3

Local Rents

11 rents from £800/mo to £3.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,40003/250.12 mi-3
£85009/240.19 miKing Street, OL53
£3,30006/240.29 mi-3
£3,30006/240.29 mi-3
£3,30009/240.29 mi-3
£1,05003/250.43 mi-3
£80006/240.44 mi-3
£95009/230.45 mi-3
£95010/240.51 mi-3
£1,00006/240.55 mi-3
£95002/240.57 mi-3

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.40 miles away

Nearest school

0.10 miles away

Nearest train station

0.49 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Price changed to £235,000

March 17, 2025

Listed for £240,000

August 1, 2024

Floor Plans

Description

  • Three Bedroom Superbly Extended Semi Detached +
  • Two Reception Rooms +
  • Open Plan Living Kitchen, Dining & Breakfast Room +
  • Excellent Sized Corner Positon +
  • Off Road Parking +
  • Popular Location View Today! +

Home Estate Agents are pleased to offer for sale this excellently sized three bedroom extended semi detached property occupying a large corner plot being ideal for the growing family or first time buyer with the property in a ready to move into condition of which only a full internal inspection will fully reveal.

The well planned and spacious accommodation has been well cared for and much improved by the present owners and briefly comprises: Lounge, superb open plan living area with breakfast kitchen and great sized dining kitchen with patio doors to the side and Velux windows to the rear flooding the room with light. Whilst to the first floor there are three good sized bedrooms and a family bathroom with separate WC. To the outside the property boasts an extensive sized garden to the front and side with off parking for two/three vehicles with potential for more is required. The property further benefits from Upvc double glazing and gas central heating making this property an ideal choice for any discerning purchaser.

Viewing Highly Recommended!

Ground Floor -

Lounge - 3.93m x 5.56m (12'11" x 18'3") - Upvc double glazed front door, window to front, wooden flooring, media wall with integrated fire, TV aerial point, inset ceiling spot lights, radiator.

Kitchen/Breakfast Room - 2.39m x 5.56m (7'10" x 18'3") - Fitted base and wall units, tiled floor, door to under stairs storage cupboard, door to the side elevation, radiator.

Open Plan Kitchen/Dining Room - 3.55m x 5.56m (11'8" x 18'3") - Fitted base and wall units with 1 1/4 singe drainer sink unit and worktops over, tiled floor, inset ceiling spot lights, plumbing and space for washing machine and dishwasher, window to rear, Upvc double glazed patio doors to the the large side garden, Two Velux windows flooding the room with light, space for fridge freezer, space for cooker with extractor hood above, radiator.

First Floor -

Landing - Window to side, access to roof void which has been converted with Velux window.

Bedroom 1 - 4.02m x 3.16m (13'2" x 10'4") - Window to front, inset ceiling spot lights, radiator.

Bedroom 2 - 2.39m x 3.16m (7'10" x 10'4") - Window to front, storage cupboard, radiator.

Bedroom 3 - 3.09m x 2.30m (10'2" x 7'7") - Window to rear, radiator.

Bathroom - White bathroom suite in white with panelled bath and pedestal wash hand basin, window to rear, radiator.

Wc - Low level WC, window to rear.

Outside -

Gardens & Driveway - To the outside the property boasts an extensive sized garden to the front and side with off parking for two/three vehicles with potential for more is required.

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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