2 Bed Semi-Detached House, Cash/Bridging Only, Mossley, OL5 9EG, £185,000

Winterford Road, Mossley, Ashton-Under-Lyne, OL5 9EG - 2 views - 8 months ago

Sold STC
Cash
ROI: 2%
~68 m²
+17 photos

ValuationOvervalued

Sold Prices£57.6K - £272.5K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£150,483

 

 

End Value (After Refurb)

£160,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Refurb Costs

£28,800

Bridging Loan Interest

£4,856

Total Cash In

£88,406

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£160,000

Mortgage (After Refinance)

£120,000

Mortgage LTV

75%

Cash Left In

£88,406

Equity

£40,000

Rent Range

£550 - £1,245

Rent Estimate

£824

Running Costs/mo

£685

Cashflow/mo

£139

Cashflow/yr

£1,670

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £57.6K to £272.5K, average is £160K. £1.2K/m² to £3.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£127K06/220.05 mi62, Winterford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EQ2
£225K10/220.14 mi11, Marle Rise, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LJ2
£142K06/210.16 mi11, Andrews Buildings, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JH2
£112K05/210.21 mi59, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£140K03/210.21 mi49, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£140K02/210.21 mi37, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£165K07/230.23 mi16, The Uplands, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EZ2
£165K08/230.23 mi71, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EB2
£130K04/210.23 mi55, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EB2
£160K03/210.28 mi32, King Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HX2
£145K06/210.28 mi26, King Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HX2
£176K02/230.31 mi32, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£147K01/240.32 mi28, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£80K07/210.32 mi35, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£210K06/220.33 mi10, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ2
£160K02/230.33 mi10, Derby Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NU2
£57.6K02/230.34 mi33, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£129K12/200.35 mi14, Tabley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PD2
£160K05/230.35 mi10, Tabley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PD2
£235K11/220.36 mi8, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£175K05/230.37 mi24, Denbigh Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PB2
£240K07/220.38 mi37, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£170K11/200.38 mi8, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£144K12/200.38 mi21, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£151.5K07/210.38 mi49, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£140K01/210.38 mi47, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£232K12/220.39 mi26, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£180K11/220.39 mi325, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£177K06/230.41 mi315, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AT2
£156.5K04/240.41 mi51, Cheshire Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NW2
£175K12/230.41 mi5, Audley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NQ2
£172K01/240.42 mi126, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£187K11/220.42 mi341, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£135K08/210.42 mi110, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£136K05/230.42 mi90, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£117K03/230.42 mi3, Higher Newtons, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AZ2
£144K01/210.42 mi5, Audley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NQ2
£245K12/220.46 mi283, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AN2
£240K12/220.47 mi12, Woodbank Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SP2
£272.5K09/220.47 mi99, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PL2
£150K09/230.47 mi11, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ2
£135K01/210.48 mi279, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AN2
£185K12/220.48 mi227, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AN2
£178.8K07/230.49 mi26, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA2
£166.3K04/210.51 mi19, Milton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SW2
£142.5K12/200.51 mi3, Milton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SW2
£135K05/210.52 mi12, Archer Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BU2
£144K04/210.53 mi76, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE2
£195K02/240.53 mi37, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE2
£251K03/230.53 mi30, Lower Hey Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DE2

Local Rents

30 rents from £550/mo to £1.2K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£69507/240.07 mi-2
£55010/240.26 mi-2
£75006/240.31 mi-2
£85004/250.31 mi-2
£75006/240.31 mi-2
£75006/240.33 mi-2
£82511/230.34 mi-2
£72512/230.34 mi-2
£79510/240.34 mi-2
£80006/240.37 miBorder Mill Fold, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£79512/230.41 mi-2
£79512/230.41 mi-2
£85008/240.46 miWaggon Road, Mossley, Ashton-Under-Lyne, OL52
£85006/240.47 miWaggon Road, Ashton-under-lyne, OL52
£80011/230.49 mi-2
£82501/250.49 mi-2
£84502/240.53 mi-2
£84502/240.53 mi-2
£82506/240.53 mi-2
£80008/240.56 miSaxon Street, Mossley2
£1,24503/240.56 miStamford Road, OL52
£95011/240.59 mi-2
£90011/240.59 mi-2
£89011/240.59 mi-2
£89501/250.59 mi-2
£80006/240.6 miMountain Street, Mossley, Ashton-Under-Lyne2
£82503/240.6 miTame Valley Close,Mossley,OL52
£95004/250.61 mi-2
£82508/230.62 mi-2
£79507/240.62 miBirbeck Street, OL52

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.47 miles away

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £185,000

September 8, 2024

Floor Plans

Description

  • Two Bedroom Semi Detached +
  • Fitted Dining Kitchen +
  • Utility Room & Garden Room +
  • Downstairs Cloaks /WC +
  • Driveway & Detached Garage +
  • Gardens Front & Rear +

Family sized two bedroom semi detached property offering, with driveway & detached garage, fantastic sized garden room, downstairs cloakroom/WC, landscaped gardens and offers ready to move into accommodation of which only a full personal inspection will fully reveal.

Located on a popular road in Mossley, Ashton under Lyne the property offers well planned and deceptively spacious accommodation that has been well cared for and much improved by the present owners with accommodation that briefly comprises: To the ground floor entrance porch, entrance hallway, Lounge with patio doors to the rear garden, fitted dining kitchen, cloakroom/WC, utility room and the super garden room with patio doors to the rear garden. Whilst to the first floor there are two great sized bedrooms and a four piece family bathroom/WC. To the outside the property has excellent sized landscaped gardens to both the front and rear with good sized driveway to the front providing parking for the family vehicle and leads to the detached garage. The property is further complemented by Upvc double glazing and gas central heating ensuring that this property will appeal to even the most discerning of purchasers!

Impressive Property - Viewing Highly Recommended!

Ground Floor -

Entrance Porch - Upvc double glazed with double doors and door to hallway.

Hall - Stairs to the first floor.

Lounge - 4.83m x 3.56m (15'10" x 11'8") - Upvc double glazed window to front, Upvc double glazed patio doors to the rear landscaped garden, fitted feature fire surround with fire inset, TV aerial point, wall light points, ceiling cornices and decorative wall mounted radiator.

Kitchen/Breakfast Room - 3.34m x 2.70m (10'11" x 8'10") - Fitted with a matching range of base and wall units incorporating a single drainer sink unit and worktops over, space for cooker with extractor hood above, Upvc double glazed windows to the front and side, tiled floor, breakfast bar and radiator.

Utility Room - 1.23m x 2.70m (4'0" x 8'10") - Fitted worktop with cupboards, space and plumbing for dishwasher and automatic washing machine, gas central heating boiler.

Cloakroom/Wc - Low level WC, wall mounted wash hand basin, Upvc double glazed window to rear, under stirs storage and radiator.

Garden Room - 4.62 x 2.79 (15'1" x 9'1") - Impressive garden room with two double glazed windows to side with long range views, double glazed patio doors to the rear garden, fitted cupboards and electric wall mounted heater.

First Floor -

Landing - Upvc double glazed window to rear.

Bedroom 1 - 4.83m x 2.70m (15'10" x 8'10") - Two Upvc double glazed windows to the side and rear, radiator.

Bedroom 2 - 2.72m x 3.55m (8'11" x 11'8") - Upvc double glazed window to front and radiator.

Bathroom/Wc - Four piece fitted bathroom suite in with panelled bath with shower over, pedestal wash hand basin, low level WC, bidet, Upvc double glazed window to rear, tiled walls and radiators.

Outside -

Detached Garage - 4.65m x 2.57m (15'3 x 8'5) - Up and over door

Driveway & Gardens - To the outside the property has excellent sized landscaped gardens to both the front and rear with good sized driveway to the front providing parking for the family vehicle and leads to the detached garage.

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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