2 Bed Flat, Single Let, Oldham, OL9 8BT £130,000

Fields New Road, Chadderton, OL9 8BT - 11 views - a year ago
Under Offer
Leasehold
BTL
ROI: 6%
~68 m²
Property image

ValuationOvervalued

Sold Prices£76K - £127K
Sold Prices/m²£1.3K/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£119,825

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£750 - £1,175

Rent Estimate

£763

Running Costs/mo

£579

Cashflow/mo

£184

Cashflow/yr

£2,210

ROI

6%

Gross Yield

7%

Local Sold Prices

23 sold prices from £76K to £127K, average is £95K. £1.3K/m² to £2.4K/m², average is £1.9K/m².

Price
Date
Distance
Address
Beds
 
£127K04/250.01 mi37, Fields New Road, Oldham OL9 8BT2
£127K04/250.01 mi37, Fields New Road, Oldham OL9 8BT2
£87K04/220.01 mi53, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8BT2
£100K10/220.04 mi23, Shillingford Road, Chadderton, Oldham, Greater Manchester OL9 8BD2
£80K11/240.14 mi44, Mellor Way, Oldham OL9 8NN2
£80K11/240.14 mi44, Mellor Way, Oldham OL9 8NN2
£88K08/220.23 mi41, Grampian Close, Chadderton, Oldham, Greater Manchester OL9 8PT2
£100K11/210.49 mi149, Drury Lane, Chadderton, Oldham, Greater Manchester OL9 8EU2
£76K03/230.53 mi3, Woodfield Close, Oldham OL8 4LJ2
£76K03/230.53 mi3, Woodfield Close, Oldham OL8 4LJ2
£95K03/230.54 miEmmanuel Court, Flat 11, Granby Street, Chadderton, Oldham, Greater Manchester OL9 8EG2
£95K03/230.54 miFlat 11, Emmanuel Court, Granby Street, Chadderton, Oldham, Greater Manchester OL9 8EG2
£105K02/220.56 mi2, Bromley Street, Chadderton, Oldham, Greater Manchester OL9 8HD2
£87K03/220.68 mi23, Grange Court, Oldham, Greater Manchester OL8 4ES2
£87K03/220.68 mi23, Grange Court, Oldham OL8 4ES2
£87K03/220.68 mi23, Grange Court, Oldham OL8 4ES2
£95K03/250.68 mi15, Byron House, Byron Street, Oldham OL8 4QU2
£95K03/250.68 mi15, Byron House, Byron Street, Oldham OL8 4QU2
£100K01/250.77 mi18, Dairy Street, Chadderton OL9 9HA2
£120K08/240.82 miSt Georges Villa, Flat 4, Broadway, Chadderton, Oldham, Greater Manchester OL9 9PY2
£110K08/220.88 mi10, Russell Street, Chadderton, Oldham, Greater Manchester OL9 9LF2
£110K04/240.92 mi16, Russell Street, Oldham OL9 9LF2
£110K04/240.92 mi16, Russell Street, Oldham OL9 9LF2

Local Rents

50 rents from £750/mo to £1.2K/mo, average is £938/mo.

Rent
Date
Distance
Address
Beds
 
£1,10007/240.06 miGlenham Way, Oldham, Lancashire, OL92
£77509/240.1 mi-2
£87506/250.15 mi-2
£87506/250.15 miCoalshaw Green Road, Chadderton, Oldham, OL92
£89511/250.16 miCoalshaw Green Road, Chadderton, Oldham, OL92
£1,05011/250.18 miCotswold Avenue, Chadderton, Oldham2
£85006/240.18 mi-2
£92512/240.19 mi-2
£90007/250.21 mi-2
£1,10011/250.21 miEaves Lane, Chadderton, Oldham, Greater Manchester, OL92
£99505/250.21 miKingston Avenue, Chadderton, Oldham, OL92
£1,02506/250.21 miKingston Avenue, Chadderton, Oldham, OL92
£1,00006/250.21 miKingston Avenue, Chadderton, Oldham, OL92
£1,00007/250.21 mi-2
£1,00011/250.21 mi-2
£95011/240.21 mi-2
£85008/250.22 miCoalshaw Green Road, Chadderton, Oldham, Greater Manchester, OL92
£80007/240.22 miCoalshaw Green Road, Chadderton2
£90003/250.23 mi-2
£1,10003/250.23 mi-2
£90010/250.24 miWhitegate Lane, Chadderton, Oldham, OL92
£90008/240.24 miWhitegate Lane, Chadderton, Oldham2
£90008/240.24 miWhitegate Lane, Chadderton, Oldham2
£95002/250.24 mi-2
£95011/250.24 miWhitegate Lane, Chadderton, Oldham, Greater Manchester, OL92
£92508/250.24 miStanley Road, Chadderton, Oldham, Greater Manchester, OL92
£85008/250.25 miMoray Road, Chadderton2
£80007/240.25 mi-2
£80010/250.25 miBlock Lane, Chadderton, Oldham, OL92
£95010/250.25 miCoalshaw Green Road, Chadderton, 2
£1,05011/250.25 mi-2
£1,05011/250.25 miMoray Road, Chadderton, Oldham, OL92
£75008/250.26 miFields New Road, Chadderton, Oldham, OL92
£90006/240.28 miLancaster Street, Chadderton, Oldham2
£95002/250.29 mi-2
£1,05004/250.29 mi-2
£97507/250.29 mi-2
£97506/250.29 miFife Avenue, Chadderton, Oldham, OL92
£85005/250.29 mi-2
£88008/250.29 mi-2
£88007/250.29 miCoalshaw Green Road, Oldham, OL92
£80007/250.3 miFourth Avenue, Chadderton2
£95007/250.32 mi-2
£95005/250.32 miWiltshire Road, Chadderton, Oldham, OL92
£1,17505/250.32 miRose Street, Oldham, OL92
£1,17508/250.32 miRose Street, Oldham, OL92
£1,17508/250.32 miRose Street, Oldham, OL92
£1,17510/250.32 miRose Street, Oldham, OL92
£87508/250.34 miFields New Road, Chadderton 2
£92511/250.35 miOxford Street, Chadderton, Oldham, OL92

Local Area Statistics

Population in OL9

40,528

Population in Oldham

182,174

Town centre distance

2.34 miles away

Nearest school

0.30 miles away

Nearest train station

0.79 miles away

 

 

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £130,000

October 14, 2024

Floor Plans

Property image

Description

  • No Chain !!! +
  • Allocated Parking Space +
  • Secure Communal Entry System +
  • Close To Metrolink +
  • Ideal for First Time Buyers +
  • Two Bedrooms +
  • Fitted Wardrobes To Master +
  • Ground Floor Apartment +
  • Gas Central Heating +
  • Tastefully Presented Throughout +

Habitat are pleased to bring to market this GROUND FLOOR TWO BEDROOM MODERN APARTMENT, offered for sale with NO ONWARD CHAIN.

Internally the property comprises of; spacious entrance hallway, OPEN PLAN lounge/kitchen with BREAKFAST BAR DINING, master bedroom WITH FITTED WARDROBES, a good sized second bedroom and a MODERN FAMILY BATHROOM.

Externally the property benefits from an ALLOCATED PARKING SPACE, and is ideally located close to the Metrolink and M60/M62 making it a perfect property for those commuting into MANCHESTER CITY CENTRE.

Please be advised there is a service charge of £95.81 per month on this property.

EPC RATING C

Entrance - 1.08m (3'7") x 1.06m (3'6")
The property is accessed via a a secure main door. This apartment is located on the ground floor of the development,

Hallway - 1.08m (3'7") x 1.06m (3'6")
The secure front door opens into a generous entrance hallway with a large storage cupboard to one wall. Doors lead through to all rooms.

Lounge/Kitchen - 6.04m (19'10") x 3.05m (10'0")
A generous open plan lounge/kitchen, fitted with a handy breakfast bar dining area. The modern kitchen is fitted with a range of wall and base units and benefits from the installation of an integrated oven/hob/extractor fan and has ample space for free standing appliances.

Master Bedroom - 3.02m (9'11") x 2.07m (6'9")
A generous double bedroom benefiting from fitted wardrobes to one wall.

Bedroom Two - 3.02m (9'11") x 1.09m (3'7")
A good sized second bedroom, currently utilised as a home office.

Bathroom - 1.09m (3'7") x 1.09m (3'7")
A modern family bathroom fitted with bath and overhead shower, toilet and sink.

Outside
1 x allocated parking space
There is a green to the front of the development which can be enjoyed by looking out of the lounge and bedroom windows. There are no communal gardens.

Viewings
Viewings strictly by appointment with the agent.

Council Tax Band
Council Tax Band A

Tenure
Leasehold, 108 years remaining, further details to be confirmed by the solicitor.

Heating, Glazing, Security
Gas central heating and double glazing.

Services
All main services are installed.
No checks have been made of any services (water, electricity, gas and drainage) heating appliances or any other electrical or mechanical equipment in this property.

Disclaimer
Habitat Oldham themselves and the vendors/lessors of this property give notice that these particulars have been prepared in good faith having regard to the property misdescriptions act (1991). Measurements are intended for descriptive purposes only and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact. Any intending purchaser must satisfy themselves by inspection or otherwise as to the information provided and condition of the property and no warranty is given by the vendor, their agents or any other person in their employment. The property is offered subject to contract and still being available at the time of enquiry and no responsibility can be accepted for any loss or expenses incurred in viewing.

what3words /// rather.moving.truly

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Habitat, Oldham

0161 524 0097

Next Steps?

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