2 Bed Terraced House, Single Let, Rochdale, OL16 5EW, £90,000

Sarah Butterworth Street, Rochdale, Greater Manchester, OL16 5EW - 4 views - 5 months ago

Sold STC
BTL
ROI: 14%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£55K - £180K
Sold Prices/m²£883/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£101,356
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£650 - £1,100

Rent Estimate

£758

Running Costs/mo

£453

Cashflow/mo

£305

Cashflow/yr

£3,662

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £55K to £180K, average is £110K. £883/m² to £3.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£180K08/220.12 mi9, Kathan Close, Rochdale, Greater Manchester OL16 5BZ2
£169.9K03/230.12 mi1, Kathan Close, Rochdale, Greater Manchester OL16 5BZ2
£80K03/230.16 mi35, Stamford Street, Rochdale, Greater Manchester OL16 5DS2
£90K02/210.26 mi4, Thames Street, Rochdale, Greater Manchester OL16 5NY2
£95K11/210.29 mi15, Rathbone Street, Rochdale, Greater Manchester OL16 5BH2
£123K03/230.29 mi3, Rathbone Street, Rochdale, Greater Manchester OL16 5BH2
£110K08/210.3 mi273, Milnrow Road, Rochdale, Greater Manchester OL16 5AS2
£110K05/210.3 mi269, Milnrow Road, Rochdale, Greater Manchester OL16 5AS2
£90K04/230.3 mi281, Milnrow Road, Rochdale, Greater Manchester OL16 5AS2
£115K06/230.3 mi7, Kenworthy Street, Rochdale, Greater Manchester OL16 5AT2
£124K10/210.3 mi11, Kenworthy Street, Rochdale, Greater Manchester OL16 5AT2
£133K07/230.32 mi8, Eclipse Close, Rochdale, Greater Manchester OL16 2YU2
£120K09/230.34 mi8, Bingley Terrace, Rochdale, Greater Manchester OL16 5BP2
£98K03/210.35 mi2, Newbold Moss, Rochdale, Greater Manchester OL16 2YS2
£126.5K06/210.36 mi143, Croxton Avenue, Rochdale, Greater Manchester OL16 2YY2
£104K01/240.38 mi20, Woodbine Street East, Rochdale, Greater Manchester OL16 5LB2
£115K05/230.38 mi98, Woodbine Street East, Rochdale, Greater Manchester OL16 5LB2
£101K05/210.38 mi8, New Field Close, Rochdale, Greater Manchester OL16 2YJ2
£55K01/230.39 mi165, Royds Street, Rochdale, Greater Manchester OL16 5JZ2
£120K12/220.41 mi10, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£120K10/230.41 mi35, Muriel Street, Rochdale, Greater Manchester OL16 5JQ2
£80K03/210.42 mi10, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£110K02/240.42 mi27, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£130K12/220.42 mi66, Newbold Street, Rochdale, Greater Manchester OL16 5AH2
£125.3K04/230.43 mi23, Higher Wheat Lane, Rochdale, Greater Manchester OL16 2YF2
£102K05/210.43 mi19a, Newbold Street, Rochdale, Greater Manchester OL16 5AH2
£105K02/230.44 mi10, Sandfield Road, Rochdale, Greater Manchester OL16 5LE2
£152K02/230.44 mi19, Sandfield Road, Rochdale, Greater Manchester OL16 5LE2
£130K02/210.44 mi4, Brook Cottages, Rochdale, Greater Manchester OL16 5AN2
£160K07/240.44 mi12, Waterside Lane, Rochdale, Greater Manchester OL16 2YD2
£83K03/210.44 mi86, Royds Street, Rochdale, Greater Manchester OL16 5JS2
£70K04/210.47 mi65, Trafalgar Street, Rochdale, Greater Manchester OL16 2JL2
£70K12/200.47 mi15, Tollgate Way, Rochdale, Greater Manchester OL16 2YQ2
£130.1K05/240.47 mi59, Hey Street, Rochdale, Greater Manchester OL16 2JS2
£92K06/210.48 mi107, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£75K12/200.48 mi110, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£148K02/240.48 mi87, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£125K10/230.48 mi73, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£68K09/230.49 mi7, Holroyd Street, Rochdale, Greater Manchester OL16 1SX2
£119.5K11/200.5 mi396, Albert Royds Street, Rochdale, Greater Manchester OL16 5AE2
£125K12/230.51 mi196, Entwisle Road, Rochdale, Greater Manchester OL16 2JY2
£152K11/220.52 mi79, Percy Street, Rochdale, Greater Manchester OL16 5LF2
£108K11/200.52 mi73, Percy Street, Rochdale, Greater Manchester OL16 5LF2
£67.5K12/200.53 mi37, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£94.5K06/230.53 mi15, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£90K03/240.53 mi9, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£125K10/200.55 mi9, Brocklebank Road, Rochdale, Greater Manchester OL16 3AX2
£105K12/220.56 mi85, Ramsay Street, Rochdale, Greater Manchester OL16 2EZ2
£85K01/210.56 mi28, Pioneer Street, Rochdale, Greater Manchester OL11 1JG2
£84K11/200.56 mi18, Pioneer Street, Rochdale, Greater Manchester OL11 1JG2

Local Rents

24 rents from £650/mo to £1.1K/mo, average is £878/mo.

RentDateDistanceAddressBeds 
£69506/240.32 miNewbold Hall Drive, Rochdale OL16 3AJ2
£95006/240.33 miEclipse Close, Off Croxton Avenue, OL162
£87504/250.4 mi-2
£79506/240.41 miWindsor Terrace, Rochdale2
£82507/230.41 mi-2
£82501/250.41 mi-2
£89504/250.41 mi-2
£99503/250.43 mi-2
£80011/240.44 mi-2
£82510/240.45 mi-2
£79508/230.47 mi-2
£80012/240.47 miPrince Street, Rochdale2
£89503/250.52 mi-2
£85012/240.52 miPercy Street, Rochdale2
£92510/240.58 mi-2
£65010/230.6 mi-2
£72510/240.6 mi-2
£88501/250.62 mi-2
£88012/240.62 miDrake Street, Rochdale, OL162
£1,10004/240.62 mi-2
£99505/240.62 mi-2
£88012/240.62 mi-2
£92512/240.62 mi-2
£92512/240.62 mi-2

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

1 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £90,000

November 11, 2024

Floor Plans

Description

Redwing are pleased to offer for sale this two bedroom mid terraced property. Offering a good investment opportunity. Updating and repair work will be required. Gas fired central heating system, part double glazing. Comprising an entrance Lobby, a lounge, and a kitchen/Diner. To the first floor two good bedrooms and a bathroom. Externally an enclosed yard to rear. offered with the benefit of NO CHAIN. EPC GRADE C

TENURE : FREEHOLD

EPC: GRADE C

Agent Details

Redwing, Liverpool

0151 453 1898

Next Steps?

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