4 Bed Bungalow, Refurb/BRRR, Oldham, OL2 6AX, £299,950

1 Ainsdale Crescent, Oldham, Greater Manchester, OL2 6AX - 4 views - 5 months ago

Refurb/BRRR
50 m²
+16 photos

ValuationOvervalued

Sold Prices£84K - £460K
Sold Prices/m²£857/m² - £6K/m²

 

 

Square Metres

50 m²
Price/m²£6K/m²

Value Estimate

£118,335

 

 

End Value (After Refurb)

£277,450

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£74,988

Stamp Duty & Legal Fees

£12,696

Refurb Costs

£21,111

Bridging Loan Interest

£7,874

Total Cash In

£118,418

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£277,450

Mortgage (After Refinance)

£208,088

Mortgage LTV

75%

Cash Left In

£118,418

Equity

£69,363

Rent Range

£895 - £1,500

Rent Estimate

£1,042

Running Costs/mo

£1,095

Cashflow/mo

£-53

Cashflow/yr

£-641

Gross Yield

4%

Local Sold Prices

50 sold prices from £84K to £460K, average is £274.5K. £857/m² to £6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£297.5K05/230 mi1, Ainsdale Crescent, Royton, Oldham, Greater Manchester OL2 6AX4
£274.9K01/210.07 mi6, Edge Hill Avenue, Royton, Oldham, Greater Manchester OL2 6BJ4
£255K12/200.19 mi1, Manor Drive, Royton, Oldham, Greater Manchester OL2 6EZ4
£400K06/210.2 mi14, Highfield Drive, Royton, Oldham, Greater Manchester OL2 6AF4
£337K06/230.2 mi32, Highfield Drive, Royton, Oldham, Greater Manchester OL2 6AF4
£300K05/210.2 mi67, Highfield Drive, Royton, Oldham, Greater Manchester OL2 6AF4
£248K11/200.2 mi23, Highfield Drive, Royton, Oldham, Greater Manchester OL2 6AF4
£269.9K12/200.2 mi41, Highfield Drive, Royton, Oldham, Greater Manchester OL2 6AF4
£380K08/220.21 mi46, Highfield Drive, Royton, Oldham, Greater Manchester OL2 6AF4
£460K10/220.24 mi20, Hilltop Drive, Royton, Oldham, Greater Manchester OL2 6AG4
£255K03/230.26 mi2, Norfolk Way, Royton, Oldham, Greater Manchester OL2 5BD4
£265K03/230.28 mi79, Shaw Road, Royton, Oldham, Greater Manchester OL2 6HA4
£220K11/230.31 mi7, Regent Crescent, Royton, Oldham, Greater Manchester OL2 5BA4
£295K02/220.39 mi38, Hansby Close, Oldham, Greater Manchester OL1 2UA4
£260K09/210.42 mi32, Hansby Close, Oldham, Greater Manchester OL1 2UA4
£275K03/230.43 mi47, Delta Close, Royton, Oldham, Greater Manchester OL2 5DR4
£248.8K12/200.43 mi43, Delta Close, Royton, Oldham, Greater Manchester OL2 5DR4
£243K12/200.43 mi23, Delta Close, Royton, Oldham, Greater Manchester OL2 5DR4
£275K02/210.43 mi19, Delta Close, Royton, Oldham, Greater Manchester OL2 5DR4
£268K02/240.54 mi12, Wheatfield Crescent, Royton, Oldham, Greater Manchester OL2 5LX4
£199.9K06/230.59 mi24, Queen Street, Royton, Oldham, Greater Manchester OL2 5JY4
£177.5K02/210.66 mi2, Montrose Gardens, Royton, Oldham, Greater Manchester OL2 6DZ4
£346K05/230.66 mi6, Farholme, Royton, Oldham, Greater Manchester OL2 5BU4
£120K06/210.69 mi236, High Barn Road, Royton, Oldham, Greater Manchester OL2 6RR4
£84K04/230.72 mi30, Barton Street, Oldham, Greater Manchester OL1 2NR4
£214.9K08/210.72 mi23, Chetwyn Avenue, Royton, Oldham, Greater Manchester OL2 5UJ4
£233K12/200.72 mi2, Chetwyn Avenue, Royton, Oldham, Greater Manchester OL2 5UJ4
£280K04/230.74 mi4, Albion Gardens Close, Royton, Oldham, Greater Manchester OL2 6PW4
£280K11/210.77 mi38, Cotswold Drive, Royton, Oldham, Greater Manchester OL2 5HD4
£265K03/230.78 mi81, Denbydale Way, Royton, Oldham, Greater Manchester OL2 5UH4
£355K04/210.79 miBrownlow House, Brownlow Avenue, Royton, Oldham, Greater Manchester OL2 6LX4
£274K12/200.8 mi4, Connington Close, Royton, Oldham, Greater Manchester OL2 5TP4
£230K12/200.8 mi70, Denbydale Way, Royton, Oldham, Greater Manchester OL2 5TN4
£359K05/230.8 mi35, Elmstone Drive, Royton, Oldham, Greater Manchester OL2 6DH4
£300K11/230.8 mi16, Elmstone Drive, Royton, Oldham, Greater Manchester OL2 6DH4
£275K10/200.82 mi41, Bleasdale Street, Royton, Oldham, Greater Manchester OL2 6RL4
£232.5K01/210.83 mi2, Chiltern Drive, Royton, Oldham, Greater Manchester OL2 5TD4
£259.9K01/210.84 mi2, Brotherdale Close, Royton, Oldham, Greater Manchester OL2 6NX4
£335K06/210.84 mi7, Brotherdale Close, Royton, Oldham, Greater Manchester OL2 6NX4
£395K09/210.85 mi5, Westridge Chase, Royton, Oldham, Greater Manchester OL2 5JL4
£245K03/240.86 mi385, Middleton Road, Royton, Oldham, Greater Manchester OL2 5EH4
£335K09/220.87 mi2, Greencroft Meadow, Royton, Oldham, Greater Manchester OL2 6LQ4
£342.5K06/210.87 mi15, Greencroft Meadow, Royton, Oldham, Greater Manchester OL2 6LQ4
£279.9K10/230.87 mi3, Littondale Close, Royton, Oldham, Greater Manchester OL2 6PN4
£145K09/220.87 mi23, Goodwood Drive, Oldham, Greater Manchester OL1 4TB4
£270K04/210.92 mi9, Wetherby Drive, Royton, Oldham, Greater Manchester OL2 5SZ4
£327K06/230.92 mi3, Crocus Drive, Royton, Oldham, Greater Manchester OL2 6QP4
£249K09/230.92 mi23, Harewood Drive, Royton, Oldham, Greater Manchester OL2 5TZ4
£299.9K07/230.92 mi32, Denbydale Way, Royton, Oldham, Greater Manchester OL2 5TJ4
£325K05/210.95 mi20, Thorp, Royton, Oldham, Greater Manchester OL2 5TH4

Local Rents

13 rents from £895/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,50004/250.08 mi-4
£1,00006/240.09 miOaklands Road, Royton3
£95012/240.15 mi-3
£1,05012/240.49 mi-3
£1,10001/250.49 mi-3
£89506/240.5 miChapel Lane, Royton, Oldham3
£95006/240.51 miShaw Road, Royton, Oldham, Greater Manchester, OL23
£1,00012/240.54 miThe Co Operative, 151 Middleton Road3
£1,00012/240.54 mi-3
£1,15003/250.56 mi-3
£1,07503/250.58 mi-3
£1,10012/240.58 miChurch Street, Royton3
£1,30011/240.6 mi-3

Local Area Statistics

Population in OL2

42,193

Population in Oldham

182,174

Town centre distance

0.98 miles away

Nearest school

0.20 miles away

Nearest train station

0.92 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Listed for £299,950

November 22, 2024

Sold for £297,500

2023

Sold for £125,200

2021

Floor Plans

Description

  • READY TO MOVE IN +
  • SIMPLY STUNNING +
  • RECENTLY FITTED KITCHEN & BATHROOM +
  • RARE OPPORTUNITY +
  • EPC - E +
  • COUNCIL TAX - C +
  • FREEHOLD +

This beautiful home has benefitted from a complete renovation throughout to extremely high standard. A truly rare opportunity to acquire a ready done family home which would allow the future owners to move straight in! EPC - E

No expense has been spared! Fully renovated to a very high standard, this property is in ready to move in condition. A truly rare opportunity to acquire a ready done family home which would allow the future owners to move straight in!

Situated in an enviable position with views from the rear over Oldham and out to the peaks of the nearby countryside.

The ideal family home the property comprises briefly of entrance hall, good sized lounge and bedroom 4/play room (which could have a variety of other uses). There is a fabulous kitchen/diner with patio doors leading out to a decked area making the most of those views. There is also a utility room with WC off.

Upstairs there are three further good sized bedrooms with a family bathroom which boasts a bath and large rainfall shower cubicle.

Externally, you have a beautifully landscaped garden to the rear, there is also a driveway for multiple cars leading to a garage.

Properties of this type and finish rarely come to the open market, hence early internal inspection is highly recommended.

Agent Details

Ryder & Dutton, Royton

0161 524 2734

Next Steps?

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