3 Bed Semi-Detached House, Single Let, Rochdale, OL11 1NB, £200,000

7 Letchworth Avenue, Rochdale, Greater Manchester, OL11 1NB - 5 months ago

Sold STC
BTL
ROI: 2%
80 m²
+4 photos

ValuationOvervalued

Sold Prices£90K - £246K
Sold Prices/m²£962/m² - £3.1K/m²

 

 

Square Metres

80 m²
Price/m²£2.5K/m²

Value Estimate

£170,787

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£850 - £3,500

Rent Estimate

£900

Running Costs/mo

£825

Cashflow/mo

£75

Cashflow/yr

£900

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £90K to £246K, average is £175.3K. £962/m² to £3.1K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£149K06/230.18 mi92, Deeplish Road, Rochdale, Greater Manchester OL11 1PQ3
£180K11/230.18 mi112, Queensway, Rochdale, Greater Manchester OL11 1TJ3
£155K11/220.18 mi86, Queensway, Rochdale, Greater Manchester OL11 1TJ3
£120K08/230.18 mi7, Schofield Street, Rochdale, Greater Manchester OL11 1BA3
£130K09/230.19 mi119, Milkstone Road, Rochdale, Greater Manchester OL11 1NU3
£132K03/210.21 mi11, Dicken Green, Rochdale, Greater Manchester OL11 1TW3
£246K01/230.23 mi40, Marigold Street, Rochdale, Greater Manchester OL11 1RJ3
£200K02/240.23 mi36, Marigold Street, Rochdale, Greater Manchester OL11 1RJ3
£170K05/240.23 mi14, Digby Road, Rochdale, Greater Manchester OL11 1TR3
£190K02/240.3 mi127, Queensway, Rochdale, Greater Manchester OL11 2LE3
£165K04/240.31 mi11, Darley Road, Rochdale, Greater Manchester OL11 2LF3
£118K04/210.31 mi16, Darley Road, Rochdale, Greater Manchester OL11 2LF3
£174.5K03/230.34 mi91, Percy Street, Rochdale, Greater Manchester OL16 5LF3
£203K06/230.34 mi82, Kingsway, Rochdale, Greater Manchester OL16 4UU3
£146K12/230.36 mi294, Oldham Road, Rochdale, Greater Manchester OL11 2EZ3
£135K11/230.36 mi292, Oldham Road, Rochdale, Greater Manchester OL11 2EZ3
£180K06/240.37 mi53, Clarendon Street, Rochdale, Greater Manchester OL16 4UB3
£105K07/230.38 mi57, Queen Victoria Street, Rochdale, Greater Manchester OL11 2HF3
£176K01/210.38 mi16, Dacre Road, Rochdale, Greater Manchester OL11 2LH3
£245K04/230.38 mi26, Charter Street, Rochdale, Greater Manchester OL16 4UD3
£161.8K08/210.41 mi6, Fraser Street, Rochdale, Greater Manchester OL16 4UA3
£125K11/200.41 mi56, Fenton Street, Rochdale, Greater Manchester OL11 3TH3
£163K01/230.41 mi69, Boundary Street, Rochdale, Greater Manchester OL11 3TG3
£225K03/230.41 mi20, Ryelands Close, Rochdale, Greater Manchester OL16 4UE3
£90K08/210.43 mi82, Tweedale Street, Rochdale, Greater Manchester OL11 3TZ3
£228K08/230.44 mi12, Berkeley Drive, Rochdale, Greater Manchester OL16 4UF3
£190K09/210.44 mi32, Kings Road, Rochdale, Greater Manchester OL16 5HW3
£140K06/230.44 mi10, Ashton Gardens, Rochdale, Greater Manchester OL11 3SG3
£196.5K02/230.46 mi29, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ3
£200K12/230.47 mi35, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ3
£205K09/230.47 mi4, Weston Avenue, Rochdale, Greater Manchester OL16 4TS3
£210K12/230.48 mi38, Darlington Road, Rochdale, Greater Manchester OL11 2LL3
£195K05/230.49 mi18, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TZ3
£135K04/230.5 mi22, Thames Street, Rochdale, Greater Manchester OL16 5NY3
£190K06/230.51 mi12, St Marys Close, Rochdale, Greater Manchester OL16 4XT3
£105K04/230.51 mi6, Lyefield Walk, Rochdale, Greater Manchester OL16 5SR3
£173K04/230.51 mi6, Carpenters Way, Rochdale, Greater Manchester OL16 4XU3
£184K05/210.51 mi1, Carpenters Way, Rochdale, Greater Manchester OL16 4XU3
£200K10/230.51 mi5, Carpenters Way, Rochdale, Greater Manchester OL16 4XU3
£191K10/230.51 mi42, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£135K03/210.51 mi30, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£166K10/230.51 mi17, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£190K02/230.51 mi89, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£174.5K11/220.51 mi20, Buersil Avenue, Rochdale, Greater Manchester OL16 4TP3
£220K01/230.52 mi64, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£190K05/240.53 mi201, Queensway, Rochdale, Greater Manchester OL11 2NA3
£210.5K01/230.53 mi2, St Marys Close, Rochdale, Greater Manchester OL16 4XT3
£190K11/220.53 mi62, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY3
£170K07/210.55 mi63, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR3
£155K12/200.55 mi65, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR3

Local Rents

13 rents from £850/mo to £3.5K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£99504/250.24 mi-3
£99512/240.25 mi-3
£99512/240.25 mi-3
£99512/240.27 mi-3
£3,50012/240.31 mi-3
£85005/240.36 mi-3
£90012/240.47 mi-3
£90012/240.47 miMere Street, Rochdale, OL113
£1,10012/240.48 miDarlington Road, Rochdale, Greater Manchester, OL113
£1,08012/240.54 mi-3
£1,15002/250.6 mi-3
£1,10012/240.62 miBroad Lane, Rochdale, OL163
£1,10012/240.62 mi-3

Local Area Statistics

Population in OL11

45,506

Population in Rochdale

128,851

Town centre distance

1.42 miles away

Nearest school

0.20 miles away

Nearest train station

0.31 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £200,000

November 28, 2024

Sold for £117,000

2007

Floor Plans

Description

Cowell Norford are pleased to introduce to the market a SPACIOUS THREE BEDROOM SEMI DETACHED family home, located in a popular residential area well placed for easy access into Rochdale Town Centre and for commuter transport links via the M62 motorway network .

Internally the accommodation comprises of entrance hallway, living room, kitchen and access to REAR EXTENSION (not currently constructed to be a useable room). To the first floor reveals THREE BEDROOMS and family shower room.

Externally the property provides AMPLE OFF ROAD PARKING with driveway for numerous vehicles. To the rear can be found an enclosed private garden.

THE PROPERTY DOES REQUIRE A DEGREE OF REPAIR, HOWEVER HAS BEEN COMPETITVELY PRICED AND EARLY VIEWINGS ARE RECOMMENDED TO APPRECIATE THE POTENTIAL OF ACCOMMODATION ON OFFER!

Agent Details

Cowell & Norford, Rochdale

01706 396399

Next Steps?

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