4 Bed Terraced House, Cash/Bridging Only, Mossley, OL5 9NT, £215,000

Staley Road, Mossley, OL5 9NT - 4 views - 5 months ago

Cash
ROI: 3%
~129 m²

ValuationFair Value

Sold Prices£160K - £875K
Sold Prices/m²£1.5K/m² - £3.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.7K/m²

Value Estimate

£217,150

 

 

End Value (After Refurb)

£311,519

Uplift in Value

+45%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,650

Refurb Costs

£54,655

Bridging Loan Interest

£5,644

Total Cash In

£123,449

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£311,519

Agent Fees (1%)

£3,115

Bridging Loan

£161,250

Bridging Loan Interest

£5,644

Flip Profit

£23,705

Local Sold Prices

39 sold prices from £160K to £875K, average is £310K. £1.5K/m² to £3.7K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£325K10/220.09 mi27, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA4
£320K12/230.1 mi11, Crown Hill, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NY4
£235K06/210.11 mi1, Earnshaw Clough, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JD4
£180K03/210.13 mi1, Guildford Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NJ4
£160K07/230.15 mi42, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ4
£325K10/210.16 mi60, Egmont Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NF4
£165K06/210.18 mi1, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ4
£200K04/210.24 mi31, Princess Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PH4
£476.5K02/210.41 mi13, Abney Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0AG4
£267K10/200.42 mi38, Three Counties Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GA4
£315K02/230.47 mi287, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AN4
£390K12/200.49 mi21, Stablefold, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DJ4
£370K06/230.53 mi5, Larkwood Close, Carrbrook, Stalybridge, Greater Manchester SK15 3NL4
£350K03/230.53 mi9, Larkwood Close, Carrbrook, Stalybridge, Greater Manchester SK15 3NL4
£235K01/210.56 mi8, Moorgate Road, Carrbrook, Stalybridge, Greater Manchester SK15 3NJ4
£162K11/200.6 mi52, Stamford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BG4
£450K01/230.61 mi5, Woodmeadow Court, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BQ4
£475K06/230.64 mi74, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY4
£875K03/230.67 mi6, Foxwood Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SU4
£202.5K12/200.72 mi26, Earl Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0LT4
£310K02/230.75 mi28, Arundel Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LS4
£280K10/200.75 mi31, Arundel Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LS4
£532.5K11/220.75 mi1, Tamebank, Mossley, Ashton-under-lyne, Greater Manchester OL5 9BY4
£288K09/220.76 mi28, Meadow Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DS4
£240K11/230.76 mi5, Quickedge Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PR4
£300K03/210.78 mi15, Meadow Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DS4
£333K12/220.78 mi18, Carrbrook Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LT4
£440K11/210.8 mi17, Carrbrook Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3LP4
£375K01/230.8 mi11b, Carrbrook Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3LP4
£303K02/210.8 mi64, Quickedge Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PH4
£347.5K06/210.88 mi18, Printers Drive, Carrbrook, Stalybridge, Greater Manchester SK15 3FN4
£295K10/200.88 mi1, Printers Drive, Carrbrook, Stalybridge, Greater Manchester SK15 3FN4
£305K02/210.91 mi23, Roaches Way, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DZ4
£280K02/230.91 mi26, Roaches Way, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DZ4
£310K07/230.93 mi63, Calico Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3FL4
£360K01/230.95 mi44, Calico Crescent, Carrbrook, Stalybridge, Greater Manchester SK15 3FJ4
£270K02/210.97 mi452, Huddersfield Road, Carrbrook, Stalybridge, Greater Manchester SK15 3JP4
£350K09/210.97 mi438, Huddersfield Road, Carrbrook, Stalybridge, Greater Manchester SK15 3JP4
£283K03/210.98 mi17, Moorlands Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DB4

Local Rents

20 rents from £800/mo to £3.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£3,30006/240.09 mi-3
£3,30006/240.09 mi-3
£3,30009/240.09 mi-3
£85009/240.12 miKing Street, OL53
£1,35011/240.15 mi-4
£1,05003/250.23 mi-3
£2,00005/240.26 mi-4
£2,00006/240.26 mi-4
£2,00008/240.26 mi-4
£1,99510/240.26 mi-4
£1,50002/250.26 mi-4
£2,00006/240.26 miMicklehurst Road, Mossley, Ashton-Under-Lyne, OL54
£1,40003/250.27 mi-3
£1,50003/250.27 mi-4
£95010/230.33 mi-4
£1,00006/240.36 mi-3
£95009/230.57 mi-3
£95002/240.57 mi-3
£95010/240.58 mi-3
£80006/240.62 mi-3

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.40 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £215,000

October 24, 2024

Sold for £57,563

2023

Sold for £120,000

2013

Floor Plans

Description

  • No Chain +
  • Four Bedrooms +
  • Larger Than Average Property +
  • Conveniently Located +
  • Spacious Basement +
  • Viewing Essential! +

This impressive and larger-than-average four-bedroom mid-terraced property is offered with no vendor chain. Located in the ever-popular area of Mossley, it offers easy access to local amenities and the property benefits from being within the catchment area for the well regarded Mossley Hollins High School, making it an ideal choice for families. Additionally, Mossley train station is just a short distance away, offering convenient access to Manchester and beyond.

Upon entering, the ground floor offers a spacious lounge and kitchen/diner ideal for family meals and entertaining. The property’s unique charm continues with a basement that houses a useful cellar room and two additional store rooms, providing valuable extra space for storage, hobbies, or even potential development.

Upstairs on the first floor, there are four bedrooms, along with a family bathroom. The versatile layout makes this home suitable for growing families or those in need of extra space for work-from-home arrangements.

Externally, to the rear of the property, there is a communal yard area. With its generous living space, excellent location, and scope for further enhancement, this property represents a fantastic opportunity for both families and investors alike. Viewing Highly Recommended

Ground Floor -

Lounge - 5.94m x 4.21m (19'6" x 13'10") - Door to front, double glazed window to front, stairs leading to first floor, door leading to:

Kitchen/Diner - 6.74m x 4.21m (22'1" x 13'10") - Fitted with a matching range of base and eye-level units with worktop space over, inset sink and drainer with mixer tap, space for fridge/freezer, space for cooker, plumbing for washing machine, Two double glazed windows to rear, door leading out to rear, stairs leading down to:

Basement -

Hall - Doors leading to:

Store Room - 2.92m x 2.36m (9'7" x 7'9") -

Cellar Room - 2.69m x 4.19m (8'10" x 13'9") - Door to:

Store Room -

First Floor -

Landing - Doors leading to:

Bedroom 1 - 4.15m x 2.35m (13'7" x 7'9") - Double glazed window to front, radiator.

Bedroom 2 - 5.09m x 2.24m (16'8" x 7'4") - Double glazed window to rear, radiator.

Bedroom 3 - 3.35m x 1.76m (11'0" x 5'9") - Double glazed window to front, radiator.

Bedroom 4 - 2.35m x 1.76m (7'9" x 5'9") - Double glazed window to rear, radiator.

Bathroom - 1.70m x 2.24m (5'7" x 7'4") - Three piece suite comprising bath, wash hand basin and low-level WC.

Outside - Communal yard to 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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