3 Bed Terraced House, Refurb/BRRR, Oldham, OL2 7SG, £139,950

43 Alfred Street, Shaw, Oldham, OL2 7SG - 2 views - 7 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 4%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£85K - £450K
Sold Prices/m²£1.1K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£146,450
BMV1%

 

 

End Value (After Refurb)

£172,020

Uplift in Value

+19%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£34,988

Stamp Duty & Legal Fees

£5,550

Refurb Costs

£39,267

Bridging Loan Interest

£3,674

Total Cash In

£85,228

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£172,020

Mortgage (After Refinance)

£129,015

Mortgage LTV

75%

Cash Released

£24,052

Cash Left In

£61,176

Equity

£43,005

Rent Range

£875 - £1,400

Rent Estimate

£1,037

Running Costs/mo

£765

Cashflow/mo

£272

Cashflow/yr

£3,264

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £85K to £450K, average is £165.5K. £1.1K/m² to £4.9K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£137K12/200.04 mi42, Christine Street, Shaw, Oldham, Greater Manchester OL2 7SQ3
£135K02/230.07 mi67, Christine Street, Shaw, Oldham, Greater Manchester OL2 7ST3
£127K03/210.07 mi48, Glebe Street, Shaw, Oldham, Greater Manchester OL2 7SF3
£125K03/240.07 mi83, Glebe Street, Shaw, Oldham, Greater Manchester OL2 7SF3
£138K09/230.09 mi22, Blakelock Street, Shaw, Oldham, Greater Manchester OL2 7SE3
£139.9K05/210.09 mi1, Blakelock Street, Shaw, Oldham, Greater Manchester OL2 7SE3
£135K09/210.13 mi8, Alston Avenue, Shaw, Oldham, Greater Manchester OL2 7SX3
£175K12/220.14 mi1, Howard Street, Shaw, Oldham, Greater Manchester OL2 7JP3
£135K05/230.15 mi43, Brunswick Street, Shaw, Oldham, Greater Manchester OL2 7RY3
£115K03/210.15 mi41, Brunswick Street, Shaw, Oldham, Greater Manchester OL2 7RY3
£121K02/210.15 mi23, Brunswick Street, Shaw, Oldham, Greater Manchester OL2 7RY3
£290K10/220.18 mi47, Chamber Road, Shaw, Oldham, Greater Manchester OL2 7AR3
£110K05/210.18 mi42, Tudor Street, Shaw, Oldham, Greater Manchester OL2 7RX3
£85K05/230.18 mi11, Tudor Street, Shaw, Oldham, Greater Manchester OL2 7RX3
£141K03/210.19 mi9, Chamber Road, Shaw, Oldham, Greater Manchester OL2 7AR3
£173K09/210.19 mi17, Chamber Road, Shaw, Oldham, Greater Manchester OL2 7AR3
£145K11/200.2 mi35, Vine Close, Shaw, Oldham, Greater Manchester OL2 7TG3
£170K11/200.21 mi81, Duchess Street, Shaw, Oldham, Greater Manchester OL2 7XD3
£202.5K08/230.21 mi21, Manor Road, Shaw, Oldham, Greater Manchester OL2 7JH3
£185K11/200.22 mi25, Duchess Park Close, Shaw, Oldham, Greater Manchester OL2 7YN3
£165K06/210.22 mi3, Bourne Road, Shaw, Oldham, Greater Manchester OL2 7XN3
£450K11/200.23 mi217, Rochdale Road, Shaw, Oldham, Greater Manchester OL2 7JD3
£235K11/230.24 mi17, Medway Road, Shaw, Oldham, Greater Manchester OL2 7XQ3
£138K12/200.27 mi11, Osborne Street, Shaw, Oldham, Greater Manchester OL2 7AB3
£153K10/210.27 mi19, Osborne Street, Shaw, Oldham, Greater Manchester OL2 7AB3
£140K04/210.27 mi9, Osborne Street, Shaw, Oldham, Greater Manchester OL2 7AB3
£166K08/210.29 mi28, Derwent Drive, Shaw, Oldham, Greater Manchester OL2 7XT3
£245K01/230.29 mi5, Bellingham Close, Shaw, Oldham, Greater Manchester OL2 7UU3
£236.5K04/210.3 mi6, The Avenue, Shaw, Oldham, Greater Manchester OL2 7HE3
£134K03/210.3 mi20, Waveney Road, Shaw, Oldham, Greater Manchester OL2 7YA3
£303K04/210.3 mi4, Orchard Grove, Shaw, Oldham, Greater Manchester OL2 7HZ3
£265K11/230.31 mi4, Annersley Avenue, Shaw, Oldham, Greater Manchester OL2 7HA3
£138.5K01/210.31 mi49, Farrow Street, Shaw, Oldham, Greater Manchester OL2 7AD3
£158K03/210.32 mi8, Brandon Crescent, Shaw, Oldham, Greater Manchester OL2 7YB3
£200K06/230.32 mi1 - 3, Store Street, Shaw, Oldham, Greater Manchester OL2 7TW3
£112K12/200.32 mi2, Chancery Lane, Shaw, Oldham, Greater Manchester OL2 8EX3
£227.5K07/230.33 mi44, Trent Road, Shaw, Oldham, Greater Manchester OL2 7YL3
£205K12/220.33 mi8, Trent Road, Shaw, Oldham, Greater Manchester OL2 7YL3
£400K12/230.33 miOrchard Brow, The Orchards, Rochdale Road, Shaw, Oldham, Greater Manchester OL2 7HX3
£240K01/230.34 mi54, Trent Road, Shaw, Oldham, Greater Manchester OL2 7YL3
£225K12/200.34 mi18, Grampian Way, Shaw, Oldham, Greater Manchester OL2 7RB3
£164.9K02/210.36 mi11, Alwin Road, Shaw, Oldham, Greater Manchester OL2 7YD3
£174K10/230.36 mi7, Oak Street, Shaw, Oldham, Greater Manchester OL2 8EJ3
£184K02/210.36 mi4, Highlands Road, Shaw, Oldham, Greater Manchester OL2 7RD3
£111K10/200.37 mi182, Milnrow Road, Shaw, Oldham, Greater Manchester OL2 8BE3
£250K11/220.37 mi4, Norwood Close, Shaw, Oldham, Greater Manchester OL2 7QZ3
£230K12/220.37 mi19, Hawkshead Road, Shaw, Oldham, Greater Manchester OL2 7QX3
£215K07/230.38 mi11, Surrey Avenue, Shaw, Oldham, Greater Manchester OL2 7DN3
£133K09/210.38 mi36, Oak Street, Shaw, Oldham, Greater Manchester OL2 8XA3
£237.5K04/230.39 mi10, St Josephs Close, Shaw, Oldham, Greater Manchester OL2 7UZ3

Local Rents

13 rents from £875/mo to £1.4K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,01512/240.08 mi-3
£97003/250.14 mi-3
£87503/250.19 mi-3
£99512/240.22 mi-3
£90006/240.32 mi-3
£89506/240.37 miBeal Lane, Shaw3
£1,10001/250.38 mi-3
£1,10012/240.39 mi-3
£1,00006/240.42 mi-3
£95002/250.49 mi-3
£1,20004/240.5 mi-3
£1,40002/250.54 mi-3
£1,00002/250.61 mi-3

Local Area Statistics

Population in OL2

42,193

Population in Oldham

182,174

Town centre distance

2.08 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Price changed to £139,950

December 24, 2024

Listed for £145,000

August 19, 2024

Floor Plans

Description

  • No Chain +
  • Three Bedrooms +
  • End Town House +
  • In Need Of Modernsation +
  • Large Lounge/Dining Room +
  • Quiet Location Near Shaw Centre +
  • Rear Garden & Garage +
  • EPC Rating C +

NO CHAIN. Offered for sale is this three bedroom end town house. The property is in need of modernisation/Renovating. Accommodation comprising: Entrance porch, hallway, large lounge/dining room and a kitchen. To the first floor are three good size bedrooms and a bathroom. Externally there is a south facing rear garden, front garden and a garage. Walking distance to locals shops, schools and Shaw centre and within easy reach to motorway network. Call us today to arrange a viewing. PORCH - 1.65m x 1.22m (5'5" x 4'0") uPVC construction. HALLWAY Carpeted, radiator, under stairs cupboard. LOUNGE/DINING ROOM - 5.59m x 4.34m (18'4" x 14'3") L shaped, carpeted, rear aspect, uPVC door to the garden, serving hatch to the kitchen, radiator, uPVC window with blind. KITCHEN - 3.18m x 2.29m (10'5" x 7'6") Wall and base units, roll top work surfaces, radiator, plumbing, uPVC window, sink unit. LANDING Loft access. BEDROOM ONE - 3.48m x 3.05m (11'5" x 10'0") Rear aspect, uPVC window, radiator. BEDROOM TWO - 3.84m x 2.36m (12'7" x 7'9") Rear aspect, uPVC window, radiator. BEDROOM THREE - 2.64m x 2.31m (8'8" x 7'7") Front aspect, radiator, uPVC window. BATHROOM Fitted bath, low level WC, wash hand basin, airing cupboard. EXTERNALLY To the front is a pathway to the front door and a small lawn area. To the rear is a south facing garden , lawn, shed, gated access to the rear. ADDITIONAL INFORMATION TENURE: LEASEHOLD - long lease, reminder of 999 years from 1968  Solicitor to confirm details. COUNCIL BAND: B -  Please note these are subject to change occasionally, so we advise you make your own checks with the local council prior to completion. VIEWING ARRANGEMENTS: Strictly by appointment with the agents. AGENTS NOTE Whilst every care has been taken to prepare these sales particulars they are for guidance purposes only. Potential buyers should fully investigate any issues that maybe personally important to them prior to completion. All measurements are approximate and are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements. Fixtures and Fittings stated as included in the property are based on achieving the asking price.

Agent Details

Kirkham Property, Chadderton

0161 524 9694

Next Steps?

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