2 Bed Terraced House, Cash/Bridging Only, Mossley, OL5 9AN, £200,000

289 Manchester Road, Ashton-under-lyne, Greater Manchester, OL5 9AN - 7 months ago

Cash
89 m²
+6 photos

ValuationOvervalued

Sold Prices£90K - £245K
Sold Prices/m²£1.4K/m² - £3.2K/m²

 

 

Square Metres

89 m²
Price/m²£2.2K/m²

Value Estimate

£192,842

 

 

End Value (After Refurb)

£197,778

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£37,633

Bridging Loan Interest

£5,250

Total Cash In

£101,833

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£197,778

Mortgage (After Refinance)

£148,333

Mortgage LTV

75%

Cash Left In

£101,833

Equity

£49,444

Rent Range

£550 - £1,245

Rent Estimate

£833

Running Costs/mo

£805

Cashflow/mo

£28

Cashflow/yr

£340

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £90K to £245K, average is £155.3K. £1.4K/m² to £3.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£245K12/220.01 mi283, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AN2
£135K01/210.04 mi279, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AN2
£185K12/220.04 mi227, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AN2
£135K05/210.1 mi12, Archer Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BU2
£170K06/210.13 mi24, Spring Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BS2
£168K12/230.13 mi14, Spring Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BS2
£155.5K03/210.13 mi3, Spring Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BS2
£104K02/210.13 mi12, Spring Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BS2
£180K04/230.13 mi1, Spring Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BS2
£170K09/210.15 mi32, Hanover Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HJ2
£240K12/220.15 mi12, Woodbank Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SP2
£135K10/200.16 mi315, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AT2
£177K06/230.16 mi315, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AT2
£147.5K05/230.17 mi11, Mountain Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0EZ2
£120K08/210.18 mi29, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HQ2
£155K03/210.18 mi30, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HQ2
£139K05/210.18 mi26, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HQ2
£137K05/210.19 mi21, Argyle Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HG2
£135K03/210.19 mi23, Argyle Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HG2
£185K02/230.19 mi58, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HH2
£145K03/210.19 mi5, Manor Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QS2
£168.5K07/230.2 mi24, Egerton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QR2
£160K03/230.2 mi7, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HA2
£179K05/240.2 mi37, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HA2
£177.5K04/230.2 mi43, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HB2
£149.5K03/240.2 mi45, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HB2
£162K09/230.2 mi49, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HB2
£130K03/210.2 mi43, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HB2
£180K11/210.21 mi14, Mountain Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0EY2
£151K07/210.21 mi22, Mountain Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0EY2
£166.3K04/210.22 mi19, Milton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SW2
£142.5K12/200.22 mi3, Milton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SW2
£178K02/230.22 mi28, George Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HW2
£113K08/210.22 mi26, George Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HW2
£90K01/230.22 mi68, Stamford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0LJ2
£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
£165K07/230.24 mi16, The Uplands, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EZ2
£144K04/210.24 mi76, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE2
£195K02/240.24 mi37, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE2
£144K04/210.25 mi57, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QY2
£128K10/230.25 mi45, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QY2
£185K03/230.25 mi41, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QY2
£126K04/210.27 mi101, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£130.1K06/210.27 mi137, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£164.4K07/230.27 mi143, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£172K10/230.27 mi95, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£132K03/210.27 mi87, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£203K08/230.27 mi147, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£105K01/210.27 mi109, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2

Local Rents

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

RentDateDistanceAddressBeds 
£80006/240.1 miBorder Mill Fold, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£79507/240.16 miBirbeck Street, OL52
£80006/240.17 miMountain Street, Mossley, Ashton-Under-Lyne2
£89506/240.18 miLORNE STREET, Mossley, OL52
£1,24503/240.2 miStamford Road, OL52
£82506/240.24 mi-2
£92507/240.25 miStockport Road, Mossley, OL52
£84502/240.25 mi-2
£84502/240.25 mi-2
£82508/230.28 mi-2
£85006/240.29 miWaggon Road, Ashton-under-lyne, OL52
£85008/240.29 miWaggon Road, Mossley, Ashton-Under-Lyne, OL52
£85007/240.3 miDyson Street, OL52
£80011/230.3 mi-2
£82501/250.3 mi-2
£65003/240.32 mi-2
£85012/240.34 mi-2
£95004/250.34 mi-2
£85007/240.35 miSeel Street, Mossley2
£95011/240.35 mi-2
£90011/240.35 mi-2
£89011/240.35 mi-2
£89501/250.35 mi-2
£1,05007/240.36 mi-2
£79512/230.36 mi-2
£79512/230.36 mi-2
£79503/240.37 miPark Street, OL52
£85008/240.38 miCarter Street, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£80008/240.41 miSaxon Street, Mossley2
£55010/240.44 mi-2
£75006/240.45 mi-2
£75006/240.46 mi-2
£85002/250.46 mi-2
£82511/230.47 mi-2
£72512/230.47 mi-2
£79511/240.47 mi-2
£75006/240.49 mi-2
£69507/240.49 mi-2
£79502/240.53 mi-2

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.16 miles away

Nearest school

0.10 miles away

Nearest train station

0.27 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £200,000

September 12, 2024

Sold for £15,000

1996

Floor Plans

Description

  • Accommodation Spread Over Three Floors +
  • Stunning Views +
  • Two Bedrooms +
  • Enclosed Rear Garden +
  • Countryside & Canalside Walks +
  • Viewing Essential! +

A delightful two-bedroom mid-terrace property set across three floors, located in the highly desirable area of Mossley. Offering stunning long-range views and positioned close to open countryside, this home provides the perfect balance of peaceful living while being just moments away from charming canalside walks. The area is highly regarded and is in close proximity to local amenities, excellent transport links, and popular local schools.

The property opens with an entrance vestibule leading into a spacious and light-filled lounge on the ground floor, ideal for both relaxing and entertaining. On the lower ground floor, you’ll find a fully-equipped kitchen/diner, perfect for family meals, along with a shower room for added convenience. The first floor houses two comfortable bedrooms, both offering ample space, and an additional shower room.

Outside, the rear of the property features an enclosed garden area, offering a private and low-maintenance outdoor space – perfect for gardening, al fresco dining, or simply enjoying the peaceful surroundings.

This property would make an ideal home for first-time buyers, or growing families. The combination of its picturesque location, proximity to nature, and accessibility to local services makes this a rare find in Mossley.

Early viewing is highly recommended

Ground Floor -

Entrance Vestibule - Door to front, door leading to:

Lounge - 7.14m x 4.18m (23'5" x 13'9") - Double glazed window to front, two radiators, stairs leading to first floor, stairs leading to lower ground floor, double glazed French doors leading out to Juliette Balcony.

Lower Ground Floor -

Hall - Door leading to Shower room, open plan to:

Kitchen/Diner - 5.14m x 4.18m (16'10" x 13'9") - 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 tumble dryer, built-in oven, built-in hob with extractor hood over, double glazed window to rear, radiator, door leading out to rear.

Shower Room - 1.83m x 2.36m (6'0" x 7'9") - Two piece suite comprising shower area and low-level WC, tiled walls, radiator.

First Floor -

Landing - Doors leading to:

Bedroom 1 - 3.25m x 4.18m (10'8" x 13'9") - Double glazed window to front, radiator.

Bedroom 2 - 2.90m x 2.62m (9'6" x 8'7") - Double glazed window to rear, radiator.

Shower Room - 2.03m x 1.51m (6'8" x 4'11") - Three piece suite comprising shower enclosure, pedestal wash hand basin and low-level WC, tiled walls, double glazed window to rear, radiator.

Outside - Enclosed garden 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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