2 Bed Terraced House, Single Let, Rochdale, OL16 4SU, £100,000

Oldham Road, Rochdale, Greater Manchester, OL16 4SU - 9 views - 5 months ago

BTL
ROI: 7%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£60K - £225K
Sold Prices/m²£867/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£93,802

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,500

Total Cash In

£29,500

 

 

Cash Out

 

Rent Range

£650 - £950

Rent Estimate

£694

Running Costs/mo

£471

Cashflow/mo

£223

Cashflow/yr

£2,672

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £225K, average is £107.2K. £867/m² to £3.5K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£78.5K11/200 mi597, Oldham Road, Rochdale, Greater Manchester OL16 4SU2
£114K12/200.06 mi20, Broad Lane, Rochdale, Greater Manchester OL16 4PG2
£145K04/240.1 mi32, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ2
£160K10/230.1 mi60, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ2
£88K04/210.1 mi54, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ2
£122.5K04/210.14 mi8, Buersil Avenue, Rochdale, Greater Manchester OL16 4TP2
£132.5K02/210.16 mi22, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TZ2
£102K03/210.17 mi47, Broad Lane, Rochdale, Greater Manchester OL16 4PL2
£60K12/200.18 mi27, Lower Street, Rochdale, Greater Manchester OL16 4TG2
£106.5K09/230.2 mi39, Greenfield Street, Rochdale, Greater Manchester OL11 2JX2
£85K06/240.2 mi47, Greenfield Street, Rochdale, Greater Manchester OL11 2JX2
£140K12/230.2 mi67, Queen Victoria Street, Rochdale, Greater Manchester OL11 2HF2
£122K12/220.22 mi94, Clarendon Street, Rochdale, Greater Manchester OL16 4UB2
£104K08/210.23 mi5, Burlington Street, Rochdale, Greater Manchester OL11 2EX2
£127.5K02/240.23 mi3, Burlington Street, Rochdale, Greater Manchester OL11 2EX2
£155K07/240.24 mi100, Clarendon Street, Rochdale, Greater Manchester OL16 4UB2
£167.5K10/230.24 mi11, Stiups Lane, Rochdale, Greater Manchester OL16 4XR2
£78K04/230.26 mi58, Watkin Street, Rochdale, Greater Manchester OL16 4UJ2
£100K01/230.26 mi61, Watkin Street, Rochdale, Greater Manchester OL16 4UJ2
£106K05/240.29 mi10, Culvert Street, Rochdale, Greater Manchester OL16 4RG2
£111.8K09/230.31 mi2, Great Gates Close, Rochdale, Greater Manchester OL11 2HW2
£113K02/240.31 mi14, Great Gates Close, Rochdale, Greater Manchester OL11 2HW2
£100K06/210.32 mi23, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£127K09/230.32 mi10, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£90K11/230.32 mi15, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£140K11/220.34 mi84, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR2
£101K04/210.37 mi10, Arkwright Way, Rochdale, Greater Manchester OL11 2DL2
£100K05/240.38 mi114, Queensway, Rochdale, Greater Manchester OL11 1TJ2
£135K07/230.39 mi15, Schofield Street, Rochdale, Greater Manchester OL11 1BA2
£101.5K07/230.41 mi4a, Parkfield Street, Rochdale, Greater Manchester OL16 4RL2
£110K12/200.41 mi6, Parkfield Street, Rochdale, Greater Manchester OL16 4RL2
£97K12/200.42 mi70, Balderstone Road, Rochdale, Greater Manchester OL11 2DA2
£145K04/210.44 mi482, Oldham Road, Rochdale, Greater Manchester OL11 2AT2
£225K05/240.44 mi500, Oldham Road, Rochdale, Greater Manchester OL11 2AT2
£135K08/230.44 mi1, Crown Gardens, Rochdale, Greater Manchester OL16 5LG2
£120K05/240.44 mi13, Fairlands View, Rochdale, Greater Manchester OL11 2AX2
£60K03/210.45 mi32, Well Street, Rochdale, Greater Manchester OL11 1AX2
£81.5K01/210.45 mi15, Well Street, Rochdale, Greater Manchester OL11 1AX2
£95K10/210.46 mi21, Snowdon Street, Rochdale, Greater Manchester OL11 2ED2
£108K11/200.49 mi73, Percy Street, Rochdale, Greater Manchester OL16 5LF2
£152K11/220.49 mi79, Percy Street, Rochdale, Greater Manchester OL16 5LF2
£129K12/220.51 mi22, Kirkway, Rochdale, Greater Manchester OL11 2JD2
£67.5K12/200.51 mi37, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£94.5K06/230.51 mi15, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£90K03/240.51 mi9, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£160.5K10/230.52 mi28, Green Bridge Close, Rochdale, Greater Manchester OL11 1TL2
£98K03/210.53 mi30, Avoncliffe Close, Rochdale, Greater Manchester OL11 2LU2
£92K06/210.53 mi107, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£75K12/200.53 mi110, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£125K10/230.53 mi73, Prince Street, Rochdale, Greater Manchester OL16 5LJ2

Local Rents

14 rents from £650/mo to £950/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£89504/250.09 mi-2
£89512/240.22 mi-2
£92504/250.22 mi-2
£65006/240.28 miCanberra Way, Balderstone Place, Rochdale, Lancashire, OL112
£85006/240.35 miRhodes Crescent, Rochdale2
£95003/250.39 mi-2
£92503/250.43 mi-2
£92512/240.47 mi-2
£85012/240.49 miPercy Street, Rochdale2
£89504/250.49 mi-2
£95012/240.53 mi-2
£80012/240.54 miPrince Street, Rochdale2
£87504/250.61 mi-2
£85004/250.61 mi-2

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

1.89 miles away

Nearest school

0.10 miles away

Nearest train station

0.85 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 £100,000

January 3, 2025

Listed for £110,000

November 14, 2024

Sold for £78,500

2020

Sold for £27,500

2002

Sold for £17,000

1997

Floor Plans

Description

  • 2 Bedrooms +
  • Terrace property +
  • Gas central heating +
  • Great location +
  • Close to local schools +
  • Walking distance to train station +
  • Close to the M62 +
  • Ideal for investors +

Introducing this spacious and versatile two-bedroom terrace property located in the sought-after area of Rochdale. Whether you’re a first-time buyer looking to create your perfect home or an investor seeking a property with excellent potential, this opportunity is not to be missed.

Stepping inside, you are greeted by a large, welcoming living area that is filled with natural light, creating a bright and airy atmosphere. This generously-sized space is ideal for both relaxation and entertaining, offering plenty of room to arrange cozy seating areas or even create a stylish home office nook. The open layout makes it easy to personalize and decorate, making it perfect for those ready to add their own unique touch.

Adjacent to the living area, you’ll find a practical fitted kitchen that features essential cabinetry, countertop space, and room for appliances. Ideal for whipping up delicious meals, the kitchen provides functionality with plenty of potential for updating and adding personal style.

Upstairs, the property boasts two double bedrooms that offer flexibility and ample living space. The main bedroom is impressively large, providing plenty of room to accommodate a king-size bed, wardrobes, and other furnishings without feeling crowded. It offers the perfect retreat after a long day, with the potential to become a cosy sanctuary. The second double bedroom also offers generous dimensions and can serve as a comfortable guest room, home office, or children’s bedroom—tailored to your specific needs.

Situated in a prime Rochdale location, this property is within close proximity to local amenities, schools, parks, and transport links, making it perfect for a range of buyers, from young families and professionals to first-time homeowners. Whether you’re seeking a home to make your own or a savvy investment opportunity with room for value appreciation, this two-bedroom terrace offers endless possibilities.

Don’t miss out on this versatile property that blends comfortable living spaces with great potential in one of Royton’s most convenient locations. Make it your own today!

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

SHA240381/2

Agent Details

Your Move, Shaw

01706 586783

Next Steps?

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