2 Bed Terraced House, Cash/Bridging Only, Mossley, OL5 0QY, £175,000

Stockport Road, Mossley, Ashton-Under-Lyne, OL5 0QY - 3 views - 5 months ago

Cash
ROI: 1%
~68 m²
+21 photos

ValuationOvervalued

Sold Prices£90K - £240K
Sold Prices/m²£1.4K/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£154,130

 

 

End Value (After Refurb)

£179,500

Uplift in Value

+-3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,750

Refurb Costs

£28,800

Bridging Loan Interest

£4,594

Total Cash In

£85,644

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£179,500

Mortgage (After Refinance)

£134,625

Mortgage LTV

75%

Cash Released

£3,375

Cash Left In

£82,269

Equity

£44,875

Rent Range

£650 - £1,245

Rent Estimate

£864

Running Costs/mo

£754

Cashflow/mo

£110

Cashflow/yr

£1,323

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £90K to £240K, average is £155K. £1.4K/m² to £3.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£144K04/210.01 mi57, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QY2
£128K10/230.01 mi45, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QY2
£185K03/230.01 mi41, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QY2
£145K03/210.05 mi5, Manor Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QS2
£168.5K07/230.05 mi24, Egerton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QR2
£155K06/210.07 mi9, Quickedge Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PR2
£95K02/210.07 mi3, Greaves Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QH2
£165K05/230.07 mi6, Greaves Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QH2
£143.5K05/230.07 mi16, Greaves Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QH2
£90K01/230.1 mi68, Stamford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0LJ2
£140K02/210.11 mi33, Lees Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PG2
£158K03/210.11 mi11, Lees Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PG2
£126K04/210.13 mi101, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£130.1K06/210.13 mi137, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£164.4K07/230.13 mi143, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£172K10/230.13 mi95, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£132K03/210.13 mi87, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£203K08/230.13 mi147, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£105K01/210.13 mi109, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£170K06/210.14 mi24, Spring Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BS2
£168K12/230.14 mi14, Spring Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BS2
£155.5K03/210.14 mi3, Spring Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BS2
£104K02/210.14 mi12, Spring Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BS2
£180K04/230.14 mi1, Spring Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BS2
£178K02/230.14 mi28, George Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HW2
£160K03/230.14 mi7, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HA2
£113K08/210.14 mi26, George Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HW2
£155K06/210.15 mi5, Sevilles Buildings, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PS2
£179K05/240.16 mi37, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HA2
£120K08/210.16 mi29, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HQ2
£155K03/210.16 mi30, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HQ2
£139K05/210.16 mi26, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HQ2
£135K05/210.17 mi12, Archer Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BU2
£170K09/210.17 mi32, Hanover Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HJ2
£137K05/210.19 mi21, Argyle Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HG2
£135K03/210.19 mi23, Argyle Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HG2
£110K03/210.21 mi20, Arundel Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0LS2
£190K07/230.22 mi12, Lancaster Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PD2
£177.5K04/230.22 mi43, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HB2
£149.5K03/240.22 mi45, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HB2
£162K09/230.22 mi49, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HB2
£130K03/210.22 mi43, Curzon Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HB2
£185K02/230.23 mi58, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HH2
£166.3K04/210.23 mi19, Milton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SW2
£142.5K12/200.23 mi3, Milton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SW2
£240K12/220.23 mi12, Woodbank Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SP2
£144K04/210.23 mi76, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE2
£195K02/240.23 mi37, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE2
£135K03/240.24 mi10, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0LU2
£160K07/220.24 mi70, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NQ2

Local Rents

29 rents from £650/mo to £1.2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£92507/240.01 miStockport Road, Mossley, OL52
£79507/240.12 miBirbeck Street, OL52
£89506/240.16 miLORNE STREET, Mossley, OL52
£85007/240.17 miDyson Street, OL52
£82508/230.19 mi-2
£82506/240.22 mi-2
£80006/240.23 miMountain Street, Mossley, Ashton-Under-Lyne2
£84502/240.24 mi-2
£84502/240.24 mi-2
£65003/240.25 mi-2
£85012/240.27 mi-2
£95004/250.27 mi-2
£95011/240.31 mi-2
£90011/240.31 mi-2
£89011/240.31 mi-2
£89501/250.31 mi-2
£80006/240.34 miBorder Mill Fold, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£1,24503/240.35 miStamford Road, OL52
£85007/240.35 miSeel Street, Mossley2
£1,05007/240.39 mi-2
£80008/240.4 miSaxon Street, Mossley2
£85008/240.5 miCarter Street, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£85006/240.5 miWaggon Road, Ashton-under-lyne, OL52
£85008/240.5 miWaggon Road, Mossley, Ashton-Under-Lyne, OL52
£80011/230.5 mi-2
£82501/250.5 mi-2
£79503/240.51 miPark Street, OL52
£79512/230.59 mi-2
£79512/230.59 mi-2

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.43 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Price changed to £175,000

March 21, 2025

Price changed to £180,000

February 21, 2025

Listed for £185,000

November 19, 2024

Sold for £132,000

2021

Sold for £39,000

2001

Floor Plans

Description

  • Two Bedroom Mid Terraced +
  • Lounge with Wood Burner +
  • Fitted Dining Kitchen +
  • Garden to Front & Tiered to the Rear with Views +
  • Ideally Located in Top Mossley +
  • Viewing Highly Recommended! +

Conveniently located and literally a stones throw from Mossley Town Centre and within walking distance to Mossley railway station is this deceptively spacious two bedroom mid terraced property with an excellent sized tiered garden to the rear with some impressive long range views and offers good sized and ready to move into accommodation of which only a full personal inspection will fully reveal.

The well planned and deceptively spacious accommodation briefly comprises: Entrance porch, excellent sized lounge with wood burner for those cooler nights and a fitted dining kitchen to the ground floor, whilst to the first floor there are two good sized bedrooms and a bathroom/WC. To the outside there is a forecourt garden to the front and and a good sized tiered garden to the rear with some impressive views and numerous seating/patio areas the property further benefits from double glazing and gas central heating ensuring that this property will appeal to even the most discerning of purchasers and being situated in Top Mossley it is sure to impress.

View Early to Avoid Disappointment!

Ground Floor -

Porch - 1.00m x 1.58m (3'3" x 5'2") - Double doors and Upvc double glazed door to lounge, windows to front and side elevations.

Lounge - 4.08m x 4.11m (13'5" x 13'6") - Great sized lounge with double glazed window to front, recess hole in the wall fireplace with wooden mantle and wood burner for those cooler nights, TV aerial point, wall light points, meter cupboard, radiator.

Kitchen/Dining Room - 2.74m x 4.11m (9'0" x 13'6") - Fitted with a matching range of base and eye level units with worktop space over, 1 1/4 single drainer sink unit and worktops over, fitted four ring gas hob with extractor hood and electric oven below, plumbing and space for automatic washing machine, space for fridge and freezer, gas central heating boiler, tiled floor, part tiled walls, double glazed window to rear, stairs ot the first floor and door to the rear garden.

First Floor -

Landing -

Bedroom 1 - 4.08m x 4.11m (13'5" x 13'6") - Double glazed window to front, radiator.

Bedroom 2 - 2.74m x 1.53m (9'0" x 5'0") - Double glazed window to rear with views over the rear garden and radiator.

Bathroom/Wc - Three piece suite in white with l shaped panelled bath with electric shower over and shower screen, pedestal wash hand basin, low level WC, part tiled walls, double glazed window to rear.

Outside -

Gardens - To the outside there is a forecourt garden to the front and and a good sized tiered garden to the rear with some impressive views and numerous seating/patio areas.

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.

Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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