2 Bed Flat, Single Let, Rochdale, OL12 9TP, £85,000

Walk Mill Close, Wardle Rochdale OL12 9TP - 1 views - 4 months ago

BTL
ROI: 9%
~51 m²
+2 photos

ValuationUndervalued

Sold Prices£66.5K - £225K
Sold Prices/m²£1K/m² - £2.7K/m²

 

 

Square Metres

~51.40 m²
Price/m²£1.7K/m²

Value Estimate

£93,560
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£595 - £1,200

Rent Estimate

£599

Running Costs/mo

£405

Cashflow/mo

£194

Cashflow/yr

£2,323

ROI

9%

Gross Yield

8%

Local Sold Prices

40 sold prices from £66.5K to £225K, average is £115K. £1K/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£100K09/220.06 mi2, Birch View, Rochdale, Greater Manchester OL12 9PZ2
£89K08/230.06 mi22, Birch View, Rochdale, Greater Manchester OL12 9PZ2
£86K07/220.07 mi14, Birch View, Rochdale, Greater Manchester OL12 9PZ2
£90K10/230.26 mi26, Ash Close, Rochdale, Greater Manchester OL12 9AN2
£66.5K10/220.44 miFlat 26, Kingfisher Court, Great Howarth, Rochdale, Greater Manchester OL12 9HD2
£67K08/220.44 miFlat 23, Kingfisher Court, Great Howarth, Rochdale, Greater Manchester OL12 9HD2
£140K02/220.56 miFlat 1, Ashley Dearnley Court, New Road, Littleborough, Greater Manchester OL15 8QY2
£86K07/240.64 miShaw Lodge, Apartment 1, Lodge Street, Wardle, Rochdale, Greater Manchester OL12 9JQ2
£152.5K10/220.86 mi21, Mill Fold Gardens, Littleborough, Greater Manchester OL15 8SA2
£133K07/210.87 mi53, Mill Fold Gardens, Littleborough, Greater Manchester OL15 8SA2
£139K12/200.87 mi47, Mill Fold Gardens, Littleborough, Greater Manchester OL15 8SA2
£150K06/210.87 mi39, Mill Fold Gardens, Littleborough, Greater Manchester OL15 8SA2
£115K03/220.9 miApartment 8, Textile Mills, Clegg Hall Road, Littleborough, Greater Manchester OL15 0AF2
£75K08/210.95 mi60, Eafield Road, Rochdale, Greater Manchester OL16 2TH2
£75K08/210.95 mi60, Eafield Road, Rochdale, Greater Manchester OL16 2TH2
£93K02/211.21 mi28, Henderville Street, Littleborough, Greater Manchester OL15 9HJ2
£70K10/201.29 mi324, Albert Royds Street, Rochdale, Greater Manchester OL16 2UD2
£225K09/211.35 mi15, Park View, Littleborough, Greater Manchester OL15 9BN2
£225K09/211.35 mi15, Park View, Littleborough, Greater Manchester OL15 9BN2
£129.9K12/201.38 mi1, Ballard Close, Littleborough, Greater Manchester OL15 9HN2
£121K01/241.46 mi44, Jacob Bright Mews, Rochdale, Greater Manchester OL12 6JF2
£120K04/211.46 mi36, Jacob Bright Mews, Rochdale, Greater Manchester OL12 6JF2
£96.7K11/231.46 mi5, Jacob Bright Mews, Rochdale, Greater Manchester OL12 6JF2
£115K08/221.46 mi8, Jacob Bright Mews, Rochdale, Greater Manchester OL12 6JF2
£122.5K11/221.46 mi12, Jacob Bright Mews, Rochdale, Greater Manchester OL12 6JF2
£107K11/201.54 mi39, Newbold Hall Gardens, Rochdale, Greater Manchester OL16 3AL2
£135K04/231.76 mi41, Gale Close, Littleborough, Greater Manchester OL15 9EJ2
£115K07/211.76 mi6, Gale Close, Littleborough, Greater Manchester OL15 9EJ2
£115K03/231.76 mi37, Gale Close, Littleborough, Greater Manchester OL15 9EJ2
£125K08/231.76 mi14, Gale Close, Littleborough, Greater Manchester OL15 9EJ2
£108K11/231.76 mi53, Gale Close, Littleborough, Greater Manchester OL15 9EJ2
£115K02/221.76 mi7, Gale Close, Littleborough, Greater Manchester OL15 9EJ2
£120K12/211.76 mi45, Gale Close, Littleborough, Greater Manchester OL15 9EJ2
£115K07/211.77 mi6, Gale Close, Littleborough, Greater Manchester OL15 9EJ2
£177K04/221.91 mi4, Moorhouse Farm, Milnrow, Rochdale, Greater Manchester OL16 4BS2
£135K07/211.91 mi2, Moorhouse Farm, Milnrow, Rochdale, Greater Manchester OL16 4BS2
£108K11/201.91 mi5, Moorhouse Farm, Milnrow, Rochdale, Greater Manchester OL16 4BS2
£162K01/241.92 miFalinge Manor Mews, Apartment 11, Falinge Road, Rochdale, Greater Manchester OL12 6RU2
£121K12/201.92 miApartment 24, Falinge Manor Mews, Falinge Road, Rochdale, Greater Manchester OL12 6RU2
£128K02/241.92 miFalinge Manor Mews, Apartment 14, Falinge Road, Rochdale, Greater Manchester OL12 6RU2

Local Rents

25 rents from £595/mo to £1.2K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£72005/240.07 mi-2
£85012/230.22 mi-2
£70010/240.32 mi-2
£80003/250.32 mi-2
£59506/240.44 miNew Road Dearnley.2
£62506/240.5 mi-2
£72512/240.57 miWindham Street, Rochdale, Greater Manchester, OL162
£79506/240.59 mi17 Oliver Close, Littleborough OL15 8NH 2
£79506/240.62 miFern Street, Wardle, Rochdale, OL122
£70007/230.63 mi-2
£79511/240.63 mi-2
£85006/240.66 miExcelsior Terrace, Littleborough, OL152
£73010/240.72 mi-2
£77512/240.99 mi-2
£92512/241 miBrookside Grange, Rochdale, OL162
£90003/251.02 mi-2
£92512/241.08 miBrook End, Rochdale2
£82512/241.08 mi-2
£79506/241.13 mi-2
£85012/241.13 mi-2
£1,20002/251.14 mi-2
£89512/241.2 miDewhirst Road, Rochdale, OL122
£90012/241.2 mi-2
£85011/241.22 mi-2
£72506/241.24 miGreenwood Street, Littleborough, Rochdale, OL152

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

1.30 miles away

Nearest school

0.20 miles away

Nearest train station

0.69 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Price changed to £85,000

March 28, 2025

Listed for £90,000

December 17, 2024

Floor Plans

Description

  • OFFERED WITH NO CHAIN +
  • FIRST FLOOR FLAT +
  • TWO BEDROOMS +
  • GAS CENTRAL HEATING +
  • DOUBLE GLAZING +
  • SPACIOUS LOUNGE +
  • THREE PEICE BATHROOM +
  • CLOSE TO WARDLE VILLAGE & WATERGROVE RESERVOIR +
  • IDEAL INVESTMENT OPPORTUNITY +
  • COMMUNAL GARDENS & ON STREET PARKING +

* NO CHAIN * TWO BEDROOM FIRST FLOOR FLAT located close to the village of Wardle which provides a good selection of local amenities including a number of independent shops, excellent schools and restaurants whilst also being a short walk away from Watergrove Reservoir, which boasts fantastic walks and scenic views.
The property is ideally suited to a First Time Buyer or an Investor looking for a buy to let property. Briefly comprising of private entrance, stairs to first floor, spacious hallway with storage, lounge, kitchen, two bedrooms ( one double, one single ) and bathroom. The property benefits from gas central heating and is double glazed throughout, with communal garden areas and resident on street parking. THIS IS AN IDEAL OPPORTUNITY TO AQUIRE AN FIRST TIME BUYER PROPERTY OR INVESTMENT PROPERTY.

Agent Details

Andrew Kelly, Littleborough and Surrounding

01706 615021

Next Steps?

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