2 Bed Terraced House, Single Let, Rochdale, OL12 8PJ, £140,000

23 Albert Street, Rochdale, Lancashire, OL12 8PJ - 2 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 3%
88 m²
+9 photos

ValuationUndervalued

Sold Prices£75K - £230K
Sold Prices/m²£765/m² - £4.4K/m²

 

 

Square Metres

88 m²
Price/m²£1.6K/m²

Value Estimate

£150,857
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£625 - £1,100

Rent Estimate

£706

Running Costs/mo

£599

Cashflow/mo

£107

Cashflow/yr

£1,288

ROI

3%

Gross Yield

6%

Local Sold Prices

52 sold prices from £75K to £230K, average is £125K. £765/m² to £4.4K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£95K12/200 mi21, Albert Street, Whitworth, Rochdale, Lancashire OL12 8PJ2
£115K01/230.02 mi6, Victoria Street, Whitworth, Rochdale, Lancashire OL12 8PL2
£105K12/200.03 mi2, Princess Street, Whitworth, Rochdale, Lancashire OL12 8PN2
£105K02/210.03 mi7, Princess Street, Whitworth, Rochdale, Lancashire OL12 8PN2
£110K01/230.03 mi8, Princess Street, Whitworth, Rochdale, Lancashire OL12 8PN2
£130K07/240.03 mi6, Princess Street, Whitworth, Rochdale, Lancashire OL12 8PN2
£125K02/230.07 mi21, Union Street, Whitworth, Rochdale, Lancashire OL12 8PR2
£137K11/200.09 mi12, Spodden Fold, Whitworth, Rochdale, Lancashire OL12 8TP2
£137.5K12/200.09 mi8, Spodden Fold, Whitworth, Rochdale, Lancashire OL12 8TP2
£160K09/210.09 mi14, Spodden Fold, Whitworth, Rochdale, Lancashire OL12 8TP2
£145K10/210.09 mi20, Spodden Fold, Whitworth, Rochdale, Lancashire OL12 8TP2
£185K06/240.09 mi2, Spodden Fold, Whitworth, Rochdale, Lancashire OL12 8TP2
£150K06/230.11 mi19, Church Street, Whitworth, Rochdale, Lancashire OL12 8QG2
£134K07/240.16 mi15, Taylor Street, Whitworth, Rochdale, Lancashire OL12 8PT2
£98K12/200.19 mi213, Market Street, Whitworth, Rochdale, Lancashire OL12 8TF2
£125K10/210.19 mi195, Market Street, Whitworth, Rochdale, Lancashire OL12 8TF2
£80K03/230.19 mi261, Market Street, Whitworth, Rochdale, Lancashire OL12 8TF2
£103K02/210.23 mi405, Market Street, Whitworth, Rochdale, Lancashire OL12 8QL2
£80K03/210.23 mi370, Market Street, Whitworth, Rochdale, Lancashire OL12 8QL2
£75K08/210.23 mi407, Market Street, Whitworth, Rochdale, Lancashire OL12 8QL2
£75K08/210.23 mi407, Market Street, Whitworth, Rochdale, Lancashire OL12 8QL2
£130K10/230.26 mi6, Fairway, Whitworth, Rochdale, Lancashire OL12 8UF2
£100.5K01/240.28 mi23, Moorland Crescent, Whitworth, Rochdale, Lancashire OL12 8SU2
£118K11/220.31 mi43, Westgate, Whitworth, Rochdale, Lancashire OL12 8UW2
£130K06/230.33 mi493, Market Street, Whitworth, Rochdale, Lancashire OL12 8QN2
£155K10/230.33 mi517, Market Street, Whitworth, Rochdale, Lancashire OL12 8QN2
£135K11/220.35 mi126, Westgate, Whitworth, Rochdale, Lancashire OL12 8UP2
£115K08/210.36 mi108, Westgate, Whitworth, Rochdale, Lancashire OL12 8UP2
£161K03/230.39 mi15, William Street, Whitworth, Rochdale, Lancashire OL12 8AT2
£155K03/240.42 mi52, Tonacliffe Road, Whitworth, Rochdale, Lancashire OL12 8SS2
£155K03/240.42 mi52, Tonacliffe Road, Whitworth, Rochdale, Lancashire OL12 8SS2
£115K11/200.5 mi581, Market Street, Whitworth, Rochdale, Lancashire OL12 8QS2
£92.5K12/200.55 mi36, Acre Street, Whitworth, Rochdale, Lancashire OL12 8QT2
£230K06/240.6 miOaklea, Market Street, Whitworth, Rochdale, Lancashire OL12 8DY2
£108K07/240.6 mi1, John Street, Whitworth, Rochdale, Lancashire OL12 8BN2
£140K02/230.64 mi25, Tong End, Whitworth, Rochdale, Lancashire OL12 8BJ2
£163K04/210.68 mi23, John Street, Whitworth, Rochdale, Lancashire OL12 8BT2
£113.7K12/220.74 mi75, James Street, Whitworth, Rochdale, Lancashire OL12 8DF2
£136K08/240.75 mi1, Parkside, Whitworth, Rochdale, Lancashire OL12 8DT2
£130K06/230.76 mi18, Alfred Street, Whitworth, Rochdale, Lancashire OL12 8JP2
£100K06/240.76 mi2, Alfred Street, Whitworth, Rochdale, Lancashire OL12 8JP2
£187K12/220.76 mi79, Tonacliffe Road, Whitworth, Rochdale, Lancashire OL12 8SJ2
£102.5K12/200.79 mi5, Hill Top, Whitworth, Rochdale, Lancashire OL12 8SG2
£126K07/230.83 mi4, Greenbank, Whitworth, Rochdale, Lancashire OL12 8SH2
£75K03/240.86 mi663, Market Street, Whitworth, Rochdale, Lancashire OL12 8DP2
£75K03/240.86 mi663, Market Street, Whitworth, Rochdale, Lancashire OL12 8DP2
£175K04/240.89 mi48, Spodden Cottages, Whitworth, Rochdale, Lancashire OL12 8DL2
£160K08/230.92 mi51, Cowm Park Way North, Whitworth, Rochdale, Lancashire OL12 8LW2
£110K07/240.96 mi727, Market Street, Whitworth, Rochdale, Lancashire OL12 8LD2
£87.5K01/210.97 mi30, Market Street, Whitworth, Rochdale, Lancashire OL12 8RW2
£123K01/230.97 mi48, Market Street, Whitworth, Rochdale, Lancashire OL12 8RW2
£170K04/230.97 mi29, Market Street, Whitworth, Rochdale, Lancashire OL12 8RW2

Local Rents

15 rents from £625/mo to £1.1K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£85006/240.02 mi-2
£78508/240.19 mi-2
£80012/240.19 miMarket Street, Whitworth, Rochdale, OL122
£85012/240.35 miWALLBANK DRIVE, Whitworth, Rossendale OL12 8UL2
£72512/240.36 miVillage Court, Whitworth, OL122
£70006/240.37 miVILLAGE COURT, Whitworth, Rossendale OL12 8RH2
£62506/240.6 miJohn Street, Whitworth, OL122
£85004/250.64 mi-2
£82502/250.65 mi-2
£75006/240.74 miMarket Street, Whitworth, OL122
£97504/240.75 mi-2
£79503/250.89 mi-2
£80004/251.08 mi-2
£79503/241.09 miHealey Hall Farm, Shawclough, Rochdale OL12 7HU2
£1,10012/241.19 miThe Windrush, Shawclough, OL122

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

2.26 miles away

Nearest school

0.20 miles away

Nearest train station

2.72 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £140,000

September 26, 2024

Sold for £80,000

2005

Sold for £32,000

2004

Floor Plans

Description

  • Mid Terraced House +
  • Well Presented Lounge +
  • Kitchen w/ Breakfast Bar +
  • Cellar +
  • 2 Bedrooms +
  • Modern Family Bathroom +
  • Loft Room/ Used as 3rd bedroom +
  • South Facing Rear Patio Area +
  • Leasehold - 871 years remaining - £4.15pa +
  • Council Tax: Band A +

Ryder & Dutton are delighted to bring to the market this well presented mid terraced home. Located in the picturesque village of Whitworth, the property briefly comprises of a lounge, kitchen with breakfast bar, cellar, 2 bedrooms, family bathroom, a converted loft currently used a 3rd bedroom, then a south facing patio area. Early viewing highly recommended. EPC: D

Ryder & Dutton are delighted to bring to the market this well presented mid terraced home. The property is ready to move in condition and will no doubt appeal to both first time buyers and investors alike.

Internal inspection will reveal, the entrance vestibule, a well presented lounge, then through to the spacious kitchen with breakfast bar as well as access to the cellar.

On the first floor is the landing, a generous sized master bedroom with fitted wardrobes, a modern and stylish family bathroom and then the second bedroom. The loft has been also been converted and is currently used as a third bedroom.

Externally the property has a south facing, rear patio area, perfect for al fresco dining.

Located in the picturesque and desirable village of Whitworth, the property is conveniently situated for village amenities, well regarded schools and pleasant scenic walks at both Lobden & Healey Dell amongst other areas.

Early viewing highly recommended.

EPC: D

Agent Details

Ryder & Dutton, Rochdale

01706 335894

Next Steps?

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