3 Bed Terraced House, Single Let, Rochdale, OL12 8NU, £150,000

Oak Street, Whitworth, OL12 8NU - 8 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£61K - £375K
Sold Prices/m²£735/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£168,626
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£900 - £1,290

Rent Estimate

£963

Running Costs/mo

£681

Cashflow/mo

£282

Cashflow/yr

£3,380

ROI

7%

Gross Yield

8%

Local Sold Prices

24 sold prices from £61K to £375K, average is £164.5K. £735/m² to £4.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£275K08/230.12 mi24, Oak Street, Shawforth, Rochdale, Lancashire OL12 8NP3
£165K09/210.18 mi11, Cowm Street, Whitworth, Rochdale, Lancashire OL12 8EQ3
£61K02/210.18 mi9, Valley View, Whitworth, Rochdale, Lancashire OL12 8NH3
£200K06/230.21 mi11, Riverside Court, Whitworth, Rochdale, Lancashire OL12 8NQ3
£115K01/210.35 mi4, Moss Side Street, Shawforth, Rochdale, Lancashire OL12 8EP3
£150K03/210.37 mi288, Market Street, Shawforth, Rochdale, Lancashire OL12 8HA3
£173.5K08/210.42 mi48, Knowsley Crescent, Shawforth, Rochdale, Lancashire OL12 8HP3
£164K05/240.43 mi15, King Street, Whitworth, Rochdale, Lancashire OL12 8LR3
£165K03/210.49 mi90, Knowsley Crescent, Shawforth, Rochdale, Lancashire OL12 8HR3
£155K04/230.49 mi61, Knowsley Crescent, Shawforth, Rochdale, Lancashire OL12 8HR3
£200K02/230.59 mi4, Edward Street, Whitworth, Rochdale, Lancashire OL12 8LE3
£185K09/210.6 mi81, Cowm Park Way North, Whitworth, Rochdale, Lancashire OL12 8LW3
£185K03/210.61 mi98, Cowm Park Way North, Whitworth, Rochdale, Lancashire OL12 8LW3
£160K08/230.74 mi2, Coronation Villas, Whitworth, Rochdale, Lancashire OL12 8DU3
£128.5K12/200.77 mi62, John Street, Whitworth, Rochdale, Lancashire OL12 8DB3
£260K04/230.89 mi52, Longacres Drive, Whitworth, Rochdale, Lancashire OL12 8QX3
£375K11/220.89 mi73, Longacres Drive, Whitworth, Rochdale, Lancashire OL12 8QX3
£154K05/210.92 mi2, Cleggs Avenue, Whitworth, Rochdale, Lancashire OL12 8BP3
£158K11/230.92 mi6, Cleggs Avenue, Whitworth, Rochdale, Lancashire OL12 8BP3
£137K12/230.94 mi548, Market Street, Britannia, Bacup, Lancashire OL13 9SL3
£130K11/210.94 mi552, Market Street, Britannia, Bacup, Lancashire OL13 9SL3
£372K11/220.94 mi200, Cockhall Lane, Whitworth, Rochdale, Lancashire OL12 8BQ3
£165K02/210.95 mi62, Tong Lane, Whitworth, Rochdale, Lancashire OL12 8BE3
£155K11/220.96 mi53, Tong Lane, Whitworth, Rochdale, Lancashire OL12 8BE3

Local Rents

11 rents from £900/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95012/240.06 miJohn Henry Street, Whitworth, OL123
£1,00007/230.11 mi-3
£1,10012/240.11 mi-3
£1,10008/240.11 mi-3
£1,22506/241.06 miSpring Mill, Rochdale, OL123
£1,17006/241.06 miSpring Mill, Rochdale, OL123
£1,29006/241.06 miSpring Mill, Rochdale, OL123
£1,11006/241.06 miSpring Mill, Rochdale, OL123
£1,26512/241.06 miSpring Mill, Whitworth, OL123
£1,17012/241.06 miSpring Mill, Rochdale, OL123
£90012/241.14 miMarket Street, Shawforth, Rochdale3

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

3.51 miles away

Nearest school

0.40 miles away

Nearest train station

3.01 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £150,000

August 6, 2024

Floor Plans

Description

  • End Terrace Property +
  • Three Bedrooms +
  • Modern Fitted Kitchen +
  • On Road Parking +
  • Ideal Rental Investment +
  • Enclosed Garden to Rear +
  • On Street Parking +
  • Tenure Leasehold +
  • Council Tax Band A +
  • EPC Rating TBC +

THE PERFECT RENTAL INVESTMENT

This three-bedroom property is being proudly welcomed to the market. Conveniently located in close proximity to all local amenities, well regarded schools and major commuter routes, this property is ideally suited to a rental investor or first time buyer looking to put their personal stamp on a long term home.

Comprising briefly, to the ground floor; entrance into the reception room which has stairs to the first floor and a door into the kitchen, the kitchen flows internally into the conservatory. To the first floor is a landing to three bedrooms and a family bathroom. Externally, to the rear is a laid to lawn garden and paved patio.

For further information or to arrange a viewing please contact our Rochdale office at your earliest convenience. To preview properties coming to the market with Keenans please follow our social media Facebook: Keenans Estate Agents and Instagram: @keenans.ea

Ground Floor -

Reception Room One - 5.56m x 3.99m (18'03 x 13'01 ) - UPVC double glazed window, central heating radiator, log burning stove, door to kitchen, stairs to the first floor.

Kitchen - 5.69m x 1.80m (18'08 x 5'11 ) - UPVC double glazed window, central heating radiator, mix of wall and base units, laminate worktops, one bowl sink with drainer and mixer tap, four ring gas hob, part tiled elevations, door to conservatory, tiled floor.

Conservatory - 3.35m x 3.28m (11'00 x 10'09 ) - Ten UPVC double glazed windows, door to rear, laminate floor, central heating radiator, poly carbonate floor.

First Floor -

Landing - 3.58m x 3.51m (11'09 x 11'06 ) - Doors to three bedrooms and bathroom.

Bedroom One - 3.58m x 3.51m (11'09 x 11'06) - UPVC double glazed window, central heating radiator.

Bedroom Two - 3.30m x 2.26m (10'10 x 7'05 ) - UPVC double glazed window, central heating radiator.

Bedroom Three - 2.92m x 2.03m (9'07 x 6'08 ) - UPVC double glazed window, central heating radiator.

Bathroom - 2.13m x 1.52m (7'00 x 5'00 ) - UPVC double glazed frosted window, central heating towel rail, tiled panel bath with mixer tap, electric shower, wall mounted wash basin with mixer tap, full tiled elevations, tiled floor.

Externally - Laid to lawn garden, log store.

Agent Details

Keenans Estate Agents, Rochdale

01706 615022

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪