3 Bed Terraced House, Single Let, Rochdale, OL16 5LB, £135,000

Woodbine Street East, Lowerplace, Rochdale, Greater Manchester, OL16 5LB - 5 views - 5 months ago

Sold STC
BTL
ROI: 7%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£90K - £340K
Sold Prices/m²£1.3K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£180,188
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,550

Total Cash In

£39,300

 

 

Cash Out

 

Rent Range

£850 - £3,500

Rent Estimate

£900

Running Costs/mo

£622

Cashflow/mo

£278

Cashflow/yr

£3,338

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £90K to £340K, average is £177.3K. £1.3K/m² to £3.5K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£190K09/210.1 mi32, Kings Road, Rochdale, Greater Manchester OL16 5HW3
£135K04/230.12 mi22, Thames Street, Rochdale, Greater Manchester OL16 5NY3
£174.5K03/230.16 mi91, Percy Street, Rochdale, Greater Manchester OL16 5LF3
£203K06/230.24 mi82, Kingsway, Rochdale, Greater Manchester OL16 4UU3
£105K04/230.26 mi6, Lyefield Walk, Rochdale, Greater Manchester OL16 5SR3
£210.5K01/230.27 mi2, St Marys Close, Rochdale, Greater Manchester OL16 4XT3
£190K06/230.27 mi12, St Marys Close, Rochdale, Greater Manchester OL16 4XT3
£232K07/230.28 mi109, Turf Hill Road, Rochdale, Greater Manchester OL16 4XA3
£173K04/230.29 mi6, Carpenters Way, Rochdale, Greater Manchester OL16 4XU3
£184K05/210.29 mi1, Carpenters Way, Rochdale, Greater Manchester OL16 4XU3
£200K10/230.29 mi5, Carpenters Way, Rochdale, Greater Manchester OL16 4XU3
£245K04/230.3 mi26, Charter Street, Rochdale, Greater Manchester OL16 4UD3
£228K08/230.34 mi12, Berkeley Drive, Rochdale, Greater Manchester OL16 4UF3
£126K05/210.35 mi17, Delamere Road, Rochdale, Greater Manchester OL16 4XD3
£150K11/230.35 mi6, Rothesay Terrace, Rochdale, Greater Manchester OL16 4XF3
£120K08/230.38 mi7, Schofield Street, Rochdale, Greater Manchester OL11 1BA3
£225K03/230.38 mi20, Ryelands Close, Rochdale, Greater Manchester OL16 4UE3
£190K11/220.39 mi62, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£192K06/230.39 mi9, Deepdale Avenue, Rochdale, Greater Manchester OL16 4AN3
£220K01/230.39 mi64, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£190K02/230.4 mi89, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£180K06/240.4 mi53, Clarendon Street, Rochdale, Greater Manchester OL16 4UB3
£191K10/230.4 mi42, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£135K03/210.4 mi30, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£166K10/230.4 mi17, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£216K06/230.42 mi38, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR3
£170K07/210.42 mi63, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR3
£155K12/200.42 mi65, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR3
£190K06/240.43 mi66, Turf Hill Road, Rochdale, Greater Manchester OL16 4XG3
£195K02/240.43 mi43, Turf Hill Road, Rochdale, Greater Manchester OL16 4XG3
£205K09/230.44 mi4, Weston Avenue, Rochdale, Greater Manchester OL16 4TS3
£165K11/220.44 mi36, Delamere Road, Rochdale, Greater Manchester OL16 4XN3
£161.8K08/210.44 mi6, Fraser Street, Rochdale, Greater Manchester OL16 4UA3
£146K12/230.46 mi294, Oldham Road, Rochdale, Greater Manchester OL11 2EZ3
£135K11/230.46 mi292, Oldham Road, Rochdale, Greater Manchester OL11 2EZ3
£100.5K04/210.47 mi24, Neston Road, Rochdale, Greater Manchester OL16 4XW3
£120K01/210.47 mi48, Neston Road, Rochdale, Greater Manchester OL16 4XW3
£160K07/230.47 mi9, Stiups Lane, Rochdale, Greater Manchester OL16 4XR3
£143K01/210.48 mi26, Penistone Avenue, Rochdale, Greater Manchester OL16 4AL3
£165K08/210.48 mi19, Penistone Avenue, Rochdale, Greater Manchester OL16 4AL3
£195K05/230.48 mi18, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TZ3
£90K02/230.49 mi33, Rosefield Crescent, Rochdale, Greater Manchester OL16 5BD3
£141K10/210.49 mi6, Rosefield Crescent, Rochdale, Greater Manchester OL16 5BD3
£174.5K11/220.51 mi20, Buersil Avenue, Rochdale, Greater Manchester OL16 4TP3
£196.5K02/230.51 mi29, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ3
£190K12/220.51 mi12, Margaret Avenue, Rochdale, Greater Manchester OL16 5BG3
£165K12/230.51 mi39, Weston Avenue, Rochdale, Greater Manchester OL16 4PW3
£180K11/230.52 mi112, Queensway, Rochdale, Greater Manchester OL11 1TJ3
£155K11/220.52 mi86, Queensway, Rochdale, Greater Manchester OL11 1TJ3
£340K08/230.52 mi10, Burnet Close, Rochdale, Greater Manchester OL16 4SL3

Local Rents

26 rents from £850/mo to £3.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85005/240.11 mi-3
£99512/240.45 mi-3
£99512/240.45 mi-3
£1,08012/240.46 mi-3
£99504/250.46 mi-3
£99512/240.47 mi-3
£1,15002/250.49 mi-3
£1,10012/240.54 miBroad Lane, Rochdale, OL163
£1,10012/240.54 mi-3
£3,50012/240.68 mi-3
£90012/240.78 mi-3
£90012/240.78 miMere Street, Rochdale, OL113
£1,09506/240.8 miRochdale, Milnrow, Firgrove, OL16, P33203
£1,10010/240.85 mi-3
£1,10012/240.86 mi-3
£1,10012/240.87 miDarlington Road, Rochdale, Greater Manchester, OL113
£1,10012/240.94 miApple Tree Way, Rochdale, OL163
£87506/240.99 miWoburn Close, Milnrow, Rochdale3
£1,25006/241 miGinnell Farm Avenue, Rochdale3
£85011/241 mi-3
£1,25011/231.12 mi-3
£1,25006/241.12 miFox Park Lane, Rochdale, OL163
£1,30012/241.2 mi-3
£95012/241.22 miBEECHFIELD ROAD, Milnrow, Rochdale OL16 4HB3
£1,00012/241.22 mi-3
£95010/231.23 mi-3

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

1.33 miles away

Nearest school

0.10 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Price changed to £135,000

January 23, 2025

Listed for £145,000

November 13, 2024

Floor Plans

Description

  • Deceptively Spacious Mid Terrace with Two Reception Rooms +
  • Two Double Bwedrooms Plus Additional Loft Space +
  • Ideal Home for a Young Family +
  • Close to Metrolink & Motorway +
  • Council Tax Band A +
  • Freehold +
  • EPC:D +

Traditional and spacious mid terrace house offering two bedrooms plus loft space making this an ideal starter home for the young family. Early viewing is strongly recommended. EPC:D

We are pleased to present to the market this deceptive terrace house which will appeal to young families and buy to let investors. The property offers spacious accommodation which must be viewed to be fully appreciated.

Internally comprising an lounge, additional reception room, fitted kitchen, large family bathroom, two double bedrooms, plus an additional loft space with light and power and accessed from a staircase on the first floor landing.

Externally there is a rear courtyard.

The property is located in the convenient residential location of Lowerplace, close to Gordon Rigg Garden Centre with easy access to local amenities, schools, plus the Tram Station at Newbold and the M62 motorway Network.

EPC:D

Viewing recommended

Agent Details

Ryder & Dutton, Rochdale

01706 335894

Next Steps?

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