2 Bed Terraced House, Single Let, Rochdale, OL16 2JT, £110,000

15 Arthington Street, Rochdale, Greater Manchester, OL16 2JT - 8 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 6%
62 m²
+9 photos

ValuationOvervalued

Sold Prices£68K - £180K
Sold Prices/m²£938/m² - £3.4K/m²

 

 

Square Metres

62.40 m²
Price/m²£1.8K/m²

Value Estimate

£96,860

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£595 - £1,430

Rent Estimate

£650

Running Costs/mo

£494

Cashflow/mo

£156

Cashflow/yr

£1,875

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £68K to £180K, average is £112.5K. £938/m² to £3.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£130.1K05/240.01 mi59, Hey Street, Rochdale, Greater Manchester OL16 2JS2
£125K12/230.04 mi196, Entwisle Road, Rochdale, Greater Manchester OL16 2JY2
£70K04/210.1 mi65, Trafalgar Street, Rochdale, Greater Manchester OL16 2JL2
£105K12/220.11 mi85, Ramsay Street, Rochdale, Greater Manchester OL16 2EZ2
£80K04/230.16 mi37, Selby Street, Rochdale, Greater Manchester OL16 2LF2
£90K03/230.18 mi17, Oswald Street, Rochdale, Greater Manchester OL16 2LA2
£160K07/240.21 mi12, Waterside Lane, Rochdale, Greater Manchester OL16 2YD2
£98K03/210.21 mi2, Newbold Moss, Rochdale, Greater Manchester OL16 2YS2
£110K12/200.22 mi39, Morley Street, Rochdale, Greater Manchester OL16 2LG2
£95K08/230.22 mi11, Morley Street, Rochdale, Greater Manchester OL16 2LG2
£140K01/230.24 mi10, East Street, Rochdale, Greater Manchester OL16 2EG2
£101K05/210.27 mi8, New Field Close, Rochdale, Greater Manchester OL16 2YJ2
£126.5K06/210.29 mi143, Croxton Avenue, Rochdale, Greater Manchester OL16 2YY2
£70K12/200.31 mi15, Tollgate Way, Rochdale, Greater Manchester OL16 2YQ2
£133K07/230.31 mi8, Eclipse Close, Rochdale, Greater Manchester OL16 2YU2
£125.3K04/230.34 mi23, Higher Wheat Lane, Rochdale, Greater Manchester OL16 2YF2
£116.5K03/230.35 mi34, Elliott Street, Rochdale, Greater Manchester OL12 0HF2
£169.9K03/230.37 mi1, Kathan Close, Rochdale, Greater Manchester OL16 5BZ2
£180K08/220.37 mi9, Kathan Close, Rochdale, Greater Manchester OL16 5BZ2
£77K11/230.4 mi112, Belfield Road, Rochdale, Greater Manchester OL16 2XN2
£103K02/230.41 mi106, Rugby Road, Rochdale, Greater Manchester OL12 0DZ2
£125K05/230.41 mi21, Reservoir Street, Rochdale, Greater Manchester OL16 2XH2
£117.5K11/220.44 mi98, Rugby Road, Rochdale, Greater Manchester OL12 0DZ2
£96K11/210.44 mi120, Rugby Road, Rochdale, Greater Manchester OL12 0DZ2
£135K01/240.45 mi84, Beswicke Royds Street, Rochdale, Greater Manchester OL16 2XD2
£135K01/240.45 mi84, Beswicke Royds Street, Rochdale, Greater Manchester OL16 2XD2
£124K10/210.45 mi11, Kenworthy Street, Rochdale, Greater Manchester OL16 5AT2
£115K06/230.45 mi7, Kenworthy Street, Rochdale, Greater Manchester OL16 5AT2
£110K05/210.46 mi269, Milnrow Road, Rochdale, Greater Manchester OL16 5AS2
£110K08/210.46 mi273, Milnrow Road, Rochdale, Greater Manchester OL16 5AS2
£90K04/230.46 mi281, Milnrow Road, Rochdale, Greater Manchester OL16 5AS2
£89.5K06/210.47 mi276, Albert Royds Street, Rochdale, Greater Manchester OL16 2UE2
£68K09/230.47 mi7, Holroyd Street, Rochdale, Greater Manchester OL16 1SX2
£95K11/210.49 mi15, Rathbone Street, Rochdale, Greater Manchester OL16 5BH2
£123K03/230.49 mi3, Rathbone Street, Rochdale, Greater Manchester OL16 5BH2
£80K03/230.49 mi35, Stamford Street, Rochdale, Greater Manchester OL16 5DS2
£130K12/220.49 mi66, Newbold Street, Rochdale, Greater Manchester OL16 5AH2
£102K05/210.49 mi19a, Newbold Street, Rochdale, Greater Manchester OL16 5AH2
£152.5K11/230.5 mi2, Nursery Gardens, Rochdale, Greater Manchester OL16 2UW2
£124K10/200.51 mi120, Park Road, Rochdale, Greater Manchester OL12 9BP2
£130K08/210.51 mi103, Park Road, Rochdale, Greater Manchester OL12 9BP2
£68K10/210.52 mi34, Canon Street, Rochdale, Greater Manchester OL16 2TF2
£85K06/210.54 mi8, Bishop Street, Rochdale, Greater Manchester OL16 2TE2
£130K06/240.54 mi20, Bishop Street, Rochdale, Greater Manchester OL16 2TE2
£90K01/210.56 mi7, Canon Street, Rochdale, Greater Manchester OL16 2TA2
£130K02/210.57 mi4, Brook Cottages, Rochdale, Greater Manchester OL16 5AN2
£115K07/210.6 mi84, Ada Street, Rochdale, Greater Manchester OL12 0EQ2
£104K02/240.6 mi92, Ada Street, Rochdale, Greater Manchester OL12 0EQ2
£104K02/240.6 mi92, Ada Street, Rochdale, Greater Manchester OL12 0EQ2
£120K09/230.6 mi8, Bingley Terrace, Rochdale, Greater Manchester OL16 5BP2

Local Rents

47 rents from £595/mo to £1.4K/mo, average is £880/mo.

RentDateDistanceAddressBeds 
£79508/230.02 mi-2
£82510/240.03 mi-2
£90007/230.23 mi-2
£59512/240.27 mi-2
£80011/240.28 mi-2
£95006/240.31 miEclipse Close, Off Croxton Avenue, OL162
£72506/240.39 miJohn Street, Rochdale, OL162
£1,38012/240.39 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,35506/240.39 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,35512/240.39 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,43012/240.39 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,33012/240.39 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,41512/240.39 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,40512/240.39 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,30006/240.39 miDUO at Upperbanks, New Baillie Street, Rochdale, Greater Manchester, OL162
£1,42006/240.39 miDUO at Upperbanks, New Baillie Street, Rochdale, Greater Manchester, OL162
£1,30012/240.39 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£79506/240.42 mi-2
£85012/240.42 mi-2
£69506/240.42 miNewbold Hall Drive, Rochdale OL16 3AJ2
£79506/240.44 miRugby Road, Rochdale, Greater Manchester, OL122
£77512/240.45 mi-2
£67506/240.46 mi-2
£92512/240.46 miBrook End, Rochdale2
£99503/250.49 mi-2
£85012/240.5 mi-2
£85009/240.5 mi-2
£85004/250.5 mi-2
£82507/230.52 mi-2
£82501/250.52 mi-2
£89502/250.52 mi-2
£79506/240.52 miWindsor Terrace, Rochdale2
£88012/240.53 miDrake Street, Rochdale, OL162
£1,10004/240.53 mi-2
£99505/240.53 mi-2
£88012/240.53 mi-2
£92512/240.53 mi-2
£92512/240.53 mi-2
£88501/250.53 mi-2
£92512/240.54 miBrookside Grange, Rochdale, OL162
£65006/230.58 mi-2
£65009/230.58 mi-2
£75012/240.58 mi-2
£79509/240.58 mi-2
£76002/250.58 mi-2
£99511/240.59 mi-2
£90003/250.61 mi-2

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

0.52 miles away

Nearest school

0.30 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £110,000

October 29, 2024

Sold for £60,000

2017

Sold for £48,000

2012

Floor Plans

Description

  • Offered For Sale With No Chain +
  • Charming Mid-Terraced House +
  • Large Lounge +
  • Modern Kitchen Diner +
  • Two Good Sized Bedrooms +
  • Family Bathroom With Overhead Shower +
  • Rear Patio Area +
  • Located Close To Rochdale Town Centre +
  • Council Tax Band A +
  • EPC: C +

CHAIN FREE! A charming mid terraced house, briefly comprising of a lounge, kitchen, 2 bedrooms, bathroom and patio area. The property is conveniently located close to Rochdale town centre and benefits from great travel links, shops, schools and other local amenities. An excellent option for first time buyers and investors alike. Viewing highly recommended. EPC: C

We are delighted to bring to the market this charming mid terraced house, free from chain. The property is ready to move in and would be an ideal purchase for first time buyers and investors alike.

Internally, on the ground floor is a spacious lounge then the modern kitchen with space for a dining table.

On the first floor is a large master bedroom, the good sized second bedroom and then the family bathroom with overhead shower.

Externally the property includes a rear patio area. Parking is available on street.

Located close to Rochdale town centre, the property is ideally positioned to benefit from great travel links, shops, schools and other local amenities.

Viewing highly recommend.

EPC: C

Agent Details

Ryder & Dutton, Rochdale

01706 335894

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪