2 Bed Terraced House, Single Let, Oldham, OL1 3RQ, £132,500

9 Charter Street, Oldham, OL1 3RQ - 3 views - 3 months ago

Sold STC

Leasehold

BTL

ROI: 8%

~68 m²

+7 photos

ValuationOvervalued

Sold Prices	£35K - £162K
Sold Prices/m²	£530/m² - £3.5K/m²

Square Metres	~68.11 m²
Price/m²	£1.9K/m²
Value Estimate	£101,102£101,102

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£33,125£33,125
Stamp Duty & Legal Fees	£5,175£5,175
Total Cash In	£38,300£38,300

Cash Out
Rent Range	£600 - £1,050£600 - £1,050
Rent Estimate	£850
Running Costs/mo	£604£604
Cashflow/mo	£246£246
Cashflow/yr	£2,952£2,952
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £35K to £162K, average is £114.5K. £530/m² to £3.5K/m², average is £1.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£150K	01/23	0.07 mi	114, Edge Lane Road, Oldham, Greater Manchester OL1 3RH	£1,875	80	2	Semi-Detached House
£129K	12/22	0.07 mi	155, Edge Lane Road, Oldham, Greater Manchester OL1 3RH	£1,870	69	2	Terraced House
£62K	11/20	0.07 mi	127, Edge Lane Road, Oldham, Greater Manchester OL1 3RH	£984	63	2	Terraced House
£85K	01/24	0.09 mi	50, Mortimer Street, Oldham, Greater Manchester OL1 3JB	£1,194	71	2	Terraced House
£88K	12/20	0.09 mi	36, Mortimer Street, Oldham, Greater Manchester OL1 3JB	£1,222	72	2	Terraced House
£68.5K	02/21	0.09 mi	65, Mortimer Street, Oldham, Greater Manchester OL1 3JB	£965	71	2	Terraced House
£78.5K	08/21	0.12 mi	52, Mortimer Street, Oldham, Greater Manchester OL1 3JB	£1,121	70	2	Terraced House
£117K	06/23	0.19 mi	6, Brackley Street, Oldham, Greater Manchester OL1 3QL	£1,219	96	2	Terraced House
£135K	02/23	0.2 mi	7, Malby Street, Oldham, Greater Manchester OL1 3PX	-	-	2	Terraced House
£85K	06/21	0.2 mi	13, Malby Street, Oldham, Greater Manchester OL1 3PX	£1,518	56	2	Terraced House
£110K	08/23	0.25 mi	15, Briscoe Street, Oldham, Greater Manchester OL1 3RW	£1,692	65	2	Terraced House
£112K	02/24	0.26 mi	12, Rivington Street, Oldham, Greater Manchester OL1 3EW	£1,436	78	2	Terraced House
£140K	12/22	0.27 mi	44, Bottomfield Close, Oldham, Greater Manchester OL1 4AT	£2,593	54	2	Semi-Detached House
£129.9K	09/21	0.27 mi	6, Bottomfield Close, Oldham, Greater Manchester OL1 4AT	£2,406	54	2	Semi-Detached House
£133K	10/21	0.27 mi	4, Bottomfield Close, Oldham, Greater Manchester OL1 4AT	£2,102	63	2	Semi-Detached House
£156K	09/23	0.27 mi	38, Bottomfield Close, Oldham, Greater Manchester OL1 4AT	£2,836	55	2	Terraced House
£158K	04/24	0.27 mi	54, Bottomfield Close, Oldham, Greater Manchester OL1 4AT	£2,873	55	2	Semi-Detached House
£138K	03/23	0.27 mi	36, Bottomfield Close, Oldham, Greater Manchester OL1 4AT	£2,556	54	2	Terraced House
£148K	02/24	0.27 mi	17, Bottomfield Close, Oldham, Greater Manchester OL1 4AT	£2,643	56	2	Semi-Detached House
£135K	03/23	0.27 mi	3, Bottomfield Close, Oldham, Greater Manchester OL1 4AT	£2,368	57	2	Semi-Detached House
£152.3K	11/23	0.27 mi	31, Bottomfield Close, Oldham, Greater Manchester OL1 4AT	£2,811	54	2	Semi-Detached House
£35K	04/23	0.27 mi	190, Horsedge Street, Oldham, Greater Manchester OL1 3DP	£530	66	2	Terraced House
£106K	04/23	0.27 mi	202, Horsedge Street, Oldham, Greater Manchester OL1 3DP	£1,582	67	2	Terraced House
£82K	02/23	0.27 mi	204, Horsedge Street, Oldham, Greater Manchester OL1 3DP	£1,242	66	2	Terraced House
£125K	12/22	0.28 mi	29, Gower Street, Oldham, Greater Manchester OL1 3UB	£1,404	89	2	Terraced House
£99K	08/21	0.3 mi	27, Gower Street, Oldham, Greater Manchester OL1 3UB	£1,165	85	2	Terraced House
£98K	07/23	0.32 mi	25, Acre Lane, Oldham, Greater Manchester OL1 4EF	£1,225	80	2	Terraced House
£120K	01/23	0.33 mi	96, Sunfield Road, Oldham, Greater Manchester OL1 2BS	-	-	2	Terraced House
£112K	06/21	0.33 mi	37, Sunfield Road, Oldham, Greater Manchester OL1 2BS	£1,273	88	2	Terraced House
£110K	11/20	0.33 mi	110, Sunfield Road, Oldham, Greater Manchester OL1 2BS	£1,410	78	2	Semi-Detached House
£130K	01/24	0.38 mi	74, Crompton Street, Oldham, Greater Manchester OL1 2BU	£1,494	87	2	Terraced House
£138K	03/24	0.38 mi	72, Crompton Street, Oldham, Greater Manchester OL1 2BU	£1,516	91	2	Terraced House
£94K	11/23	0.38 mi	91, Crompton Street, Oldham, Greater Manchester OL1 2BU	-	-	2	Terraced House
£95K	04/21	0.44 mi	16, Shadowbrook Close, Oldham, Greater Manchester OL1 2UE	£1,484	64	2	Semi-Detached House
£135K	05/21	0.45 mi	4, Woolmore Avenue, Oldham, Greater Manchester OL1 2UD	£2,398	56	2	Semi-Detached House
£162K	08/23	0.45 mi	2, Woolmore Avenue, Oldham, Greater Manchester OL1 2UD	-	-	2	Semi-Detached House
£149K	10/23	0.46 mi	6, Westminster Street, Oldham, Greater Manchester OL1 4BL	-	-	2	Semi-Detached House
£107.5K	06/21	0.46 mi	131, Stoneleigh Street, Oldham, Greater Manchester OL1 4LF	-	-	2	Semi-Detached House
£123.5K	10/23	0.46 mi	116, Stoneleigh Street, Oldham, Greater Manchester OL1 4LF	£1,927	64	2	Terraced House
£148.5K	09/22	0.48 mi	149, Stoneleigh Street, Oldham, Greater Manchester OL1 4LF	£3,536	42	2	Semi-Detached House
£122K	12/23	0.51 mi	44, Crompton Street, Oldham, Greater Manchester OL1 2LJ	£1,968	62	2	Terraced House
£135K	08/23	0.52 mi	36, Stoneleigh Street, Oldham, Greater Manchester OL1 4LE	£1,378	98	2	Terraced House
£78K	10/20	0.52 mi	17, Stoneleigh Street, Oldham, Greater Manchester OL1 4LE	£951	82	2	Terraced House
£103K	06/21	0.52 mi	34, Stoneleigh Street, Oldham, Greater Manchester OL1 4LE	£1,030	100	2	Terraced House
£85K	02/23	0.52 mi	37, Stoneleigh Street, Oldham, Greater Manchester OL1 4LE	£1,349	63	2	Terraced House
£110K	12/23	0.52 mi	69, Stoneleigh Street, Oldham, Greater Manchester OL1 4LE	£1,667	66	2	Terraced House
£133K	06/23	0.52 mi	32, Oregon Avenue, Oldham, Greater Manchester OL1 2LE	-	-	2	Terraced House
£80K	10/22	0.54 mi	54, Belmont Street, Oldham, Greater Manchester OL1 2AW	£755	106	2	Terraced House
£83K	07/21	0.56 mi	85, Belmont Street, Oldham, Greater Manchester OL1 2AP	£1,115	74	2	Terraced House
£90K	02/21	0.56 mi	182, Godson Street, Oldham, Greater Manchester OL1 2JX	£1,150	78	2	Terraced House

Local Rents

24 rents from £600/mo to £1.1K/mo, average is £868/mo.

Rent	Date	Distance	Address	Beds	Type
£850	07/24	0.07 mi	Edge Lane Road, Oldham	2	Terraced House
£875	08/24	0.22 mi	Siddall Street, Oldham, OL1	2	Terraced House
£875	08/24	0.22 mi	Siddall Street, Oldham, OL1	2	Terraced House
£875	09/24	0.22 mi	-	2	Terraced House
£875	09/24	0.22 mi	-	2	Terraced House
£875	09/24	0.22 mi	-	2	Terraced House
£860	12/23	0.33 mi	-	2	Bungalow
£950	01/25	0.37 mi	-	2	Terraced House
£850	01/25	0.39 mi	-	2	Terraced House
£850	01/25	0.39 mi	-	2	Terraced House
£800	01/25	0.43 mi	-	2	Flat
£850	03/25	0.45 mi	-	2	Flat
£850	04/24	0.48 mi	-	2	Terraced House
£850	06/24	0.48 mi	Afghan Street, Oldham, OL1	2	Flat
£875	08/24	0.5 mi	Afghan Street, Oldham	2	Terraced House
£950	08/24	0.5 mi	Afghan Street, Oldham, Greater Manchester, OL1 4BQ	2	Terraced House
£895	06/24	0.51 mi	Stoneleigh Street, Derker, Oldham	2	Terraced House
£600	06/24	0.54 mi	-	2	Terraced House
£950	01/25	0.55 mi	-	2	Flat
£1,050	07/24	0.55 mi	Walter Scott Street, Oldham	2	Terraced House
£850	02/25	0.57 mi	-	2	Terraced House
£900	07/24	0.59 mi	-	2	Flat
£850	06/24	0.59 mi	-	2	Terraced House
£850	01/25	0.59 mi	-	2	Terraced House

Local Area Statistics

Population in OL1	21,37321,373
Population in Oldham	182,174182,174
Town centre distance	0.33 miles away0.33 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.21 miles away0.21 miles away

Rental growth (12m)	+21%+21%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+44%+44%

Property History

Listed for £132,500

December 5, 2024

Floor Plans

Description

Mid Terraced +
Two Bedrooms +
Two Reception Rooms +
Cul De Sac Location +
Excellent Potential +
No Chain - Vacant Possession +
EPC - D +

Offered for sale with NO CHAIN therefore VACANT POSSESSION is this two bedroom two reception room mid terraced property. Offering excellent potential for the first time buyer or young family, the property is situated in a quiet cul de sac location within easy reach of Oldham centre, local amenities, local schools and just a short drive from the Northwest motorway network. Internally the well presented living space comprises of entrance vestibule, hallway, lounge, separate sitting/dining room and kitchen to the ground floor, whilst off the first floor landing there are two good size bedrooms and a new shower room. Externally there is a forecourt garden and to the rear a low maintenance enclosed garden with mature boarders. The property also benefits from double glazing and gas central heating with a boiler being installed in the last seven years. Viewing comes recommended to appreciate the property on offer. Entrance Vestibule - 0.94m x 1.55m (3'1" x 5'1") Hallway - 0.94m x 3.45m (3'1" x 11'4") Lounge - 3.43m x 3.76m (11'3" x 12'4") Sitting/Dining Room - 3.43m x 4.6m (11'3" x 15'1") Kitchen - 2.24m x 4.47m (7'4" x 14'8") Landing Bedroom - 4.32m x 3.76m (14'2" x 12'4") Bedroom - 2.74m x 2.82m (9'0" x 9'3") Wet Room - 2.64m x 1.57m (8'8" x 5'2") Additional Information TENURE: Leasehold - 952 years from 29th July 1920 - Solicitor to confirm details COUNCIL BAND: A - Please note these are subject to change occasionally, so we advise you make your own checks with the local council prior to completion. VIEWING ARRANGEMENTS: Strictly by appointment with the agents. Agents Note Whilst every care has been taken to prepare these sales particulars they are for guidance purposes only. Potential buyers should fully investigate any issues that maybe personally important to them prior to completion. All measurements are approximate and are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements. Fixtures and Fittings stated as included in the property are based on achieving the asking price.