2 Bed Terraced House, Cash/Bridging Only, Mossley, OL5 9BG, £170,000

Manchester Road, Mossley, OL5 9BG - 5 months ago

Cash
ROI: 2%
~74 m²
+2 photos

ValuationOvervalued

Sold Prices£105K - £315K
Sold Prices/m²£1.1K/m² - £3.9K/m²

 

 

Square Metres

~73.60 m²
Price/m²£2.3K/m²

Value Estimate

£162,885

 

 

End Value (After Refurb)

£175,899

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Refurb Costs

£31,121

Bridging Loan Interest

£4,463

Total Cash In

£89,533

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£175,899

Mortgage (After Refinance)

£131,924

Mortgage LTV

75%

Cash Released

£4,424

Cash Left In

£85,109

Equity

£43,975

Rent Range

£695 - £1,200

Rent Estimate

£884

Running Costs/mo

£746

Cashflow/mo

£138

Cashflow/yr

£1,650

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £105K to £315K, average is £145K. £1.1K/m² to £3.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£120K03/210.03 mi407, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9BG2
£165K12/220.07 mi10, Tame Valley Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HD2
£154K11/210.11 mi4, Hopkins Buildings, Mossley, Ashton-under-lyne, Greater Manchester OL5 9BE2
£200K01/220.16 mi12, Quick View, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DU2
£251K03/230.16 mi30, Lower Hey Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DE2
£240K12/200.21 mi4, Wharmton View, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DY2
£198.5K02/210.22 mi6, Wharmton View, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DY2
£116K11/200.22 mi233, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RQ2
£160K12/220.23 mi11, Roman Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RX2
£156.5K10/230.23 mi5, Roman Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RX2
£315K02/230.24 mi3, Dysarts Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DD2
£172K01/240.25 mi126, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£187K11/220.25 mi341, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£135K08/210.25 mi110, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£136K05/230.25 mi90, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£145K08/210.26 mi99, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SA2
£177.5K09/210.26 mi103, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SA2
£145K05/210.26 mi83, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SA2
£155K05/210.26 mi109, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SA2
£105K12/210.29 mi11, Claybank Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 9BW2
£169.5K11/210.29 mi14, Shadows Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 9BS2
£117K03/230.3 mi3, Higher Newtons, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AZ2
£163K10/230.31 mi108, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£140K09/230.31 mi217, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£125K01/230.31 mi225, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£145K12/230.31 mi84, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£110K03/210.31 mi84, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£125K01/210.31 mi90, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£157K04/230.31 mi195, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£112.5K06/210.31 mi94, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£135K04/230.31 mi191, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£145K07/230.31 mi96, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£180K11/220.32 mi325, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£205.5K05/210.37 mi2, St Johns Gardens, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SS2
£135K01/210.39 mi163, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RD2
£170K06/210.39 mi72, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RD2
£145K10/230.39 mi76, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RD2
£120K04/210.39 mi147a, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RD2
£144K04/210.41 mi76, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE2
£195K02/240.41 mi37, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE2
£166.3K04/210.43 mi19, Milton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SW2
£142.5K12/200.43 mi3, Milton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SW2
£135K10/200.45 mi315, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AT2
£177K06/230.45 mi315, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AT2
£240K12/220.47 mi12, Woodbank Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SP2
£126K04/210.51 mi101, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£130.1K06/210.51 mi137, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£164.4K07/230.51 mi143, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£132K03/210.51 mi87, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£105K01/210.51 mi109, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2

Local Rents

18 rents from £695/mo to £1.2K/mo, average is £848/mo.

RentDateDistanceAddressBeds 
£82503/240.08 miTame Valley Close,Mossley,OL52
£1,20001/250.12 mi-2
£79508/240.14 miSpring Mill Drive,2
£95004/250.14 mi-2
£1,20008/240.23 miWharmton View, Mossley2
£85006/240.23 miWaters Reach, Mossley, OL52
£80008/240.23 miSaxon Street, Mossley2
£95011/240.33 mi-2
£90011/240.33 mi-2
£89011/240.33 mi-2
£89501/250.33 mi-2
£95004/250.36 mi-2
£84502/240.4 mi-2
£84502/240.4 mi-2
£82506/240.42 mi-2
£82508/230.45 mi-2
£69507/240.56 mi-2
£80006/240.6 miBorder Mill Fold, Mossley, Ashton-under-Lyne, Greater Manchester, OL52

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.76 miles away

Nearest school

0.50 miles away

Nearest train station

0.88 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Price changed to £170,000

March 1, 2025

Listed for £175,000

October 31, 2024

Floor Plans

Description

  • Stone Mid Terrace +
  • Two Bedrooms +
  • Canalside Walks +
  • Low Maintenance Rear Garden +
  • Popular Location +
  • Viewing Essential +

This delightful two-bedroom mid-terrace stone property is located in the ever-popular area of Mossley, making it an ideal choice for those seeking a perfect blend of charm, convenience, and access to nature. The property is situated within easy reach of open countryside, offering beautiful, scenic canalside walks just a short distance away. Local amenities, including shops, cafes, and transport links, are readily accessible, along with being in the catchment area for highly regarded schools, making it an attractive option for families, first-time buyers, or investors alike.

Upon entering, an entrance vestibule leads into a spacious lounge, where original features add character and warmth. The kitchen provides ample storage and workspace, thoughtfully designed for practicality. Upstairs, two generously proportioned bedrooms offer comfort and flexibility, with plenty of natural light streaming through. The well appointed bathroom is located on the ground floor.

At the rear of the property, you’ll find a low-maintenance, enclosed gravel garden, creating a private outdoor space perfect for relaxation or entertaining guests. This property is a superb opportunity in one of Mossley's most desirable locations! Viewing Highly Recommended

Ground Floor -

Entrance Vestibule - Door to front, door leading to:

Lounge - 4.18m x 4.32m (13'9" x 14'2") - Double glazed window to front, feature brick fireplace with gas fire, radiator, door leading to:

Kitchen - 3.44m x 4.32m (11'3" x 14'2") - 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, space for cooker, double glazed window to rear, radiator, door leading to:

Hall - Door leading out to rear garden, door leading to:

Bathroom - 1.71m x 2.27m (5'7" x 7'5") - Three piece comprising bath with shower over, wash hand basin and low-level WC, part tiled walls, heated towel rail, double glazed window to side.

First Floor -

Landing - Doors leading to:

Bedroom 1 - 4.18m x 4.28m (13'9" x 14'1") - Double glazed window to front, radiator.

Bedroom 2 - 3.43m x 4.34m (11'3" x 14'3") - Double glazed window to rear, radiator.

Outside - Enclosed low maintenance gravel garden 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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