3 Bed Bungalow, Cash/Bridging Only, Mossley, OL5 0NH, £229,950

Valley Close, Mossley, OL5 0NH - 4 months ago

Sold STC
Leasehold
Cash
ROI: 3%
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£113K - £470K
Sold Prices/m²£949/m² - £4.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£220,263

 

 

End Value (After Refurb)

£206,667

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,488

Stamp Duty & Legal Fees

£12,698

Refurb Costs

£39,324

Bridging Loan Interest

£6,036

Total Cash In

£117,295

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£206,667

Mortgage (After Refinance)

£155,000

Mortgage LTV

75%

Cash Left In

£117,295

Equity

£51,667

Rent Range

£800 - £3,300

Rent Estimate

£1,249

Running Costs/mo

£916

Cashflow/mo

£333

Cashflow/yr

£4,000

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £113K to £470K, average is £212.5K. £949/m² to £4.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£195K05/230.02 mi98, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NQ3
£190K10/230.04 mi69, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NR3
£205K01/240.04 mi79, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NR3
£150K03/210.04 mi77, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NR3
£205K07/230.04 mi55, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NR3
£207.5K03/230.04 mi71, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NR3
£113K03/210.08 mi43, Hart Mill Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NU3
£337.9K02/230.14 mi44, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NE3
£470K05/210.16 miValley House, Lees Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PG3
£157K10/200.22 mi14, Chellow Dene, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NB3
£470K05/210.25 miValley House, Lees Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PG3
£175K03/210.26 mi30, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QY3
£130K03/210.28 mi67, Stamford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0LJ3
£235K01/230.29 mi42, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QY3
£242K07/210.3 mi21, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QT3
£249.9K09/230.3 mi10, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QT3
£150K01/240.31 mi8, Egerton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QR3
£185K04/240.33 mi9, Anthony Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HU3
£180K06/230.35 mi41, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HQ3
£162.5K04/210.35 mi53, Stamford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BG3
£190K01/210.35 mi62, Stamford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BG3
£247.3K12/220.36 miNorville, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BL3
£210K04/240.36 mi13, Argyle Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HG3
£385K10/220.36 miHillside, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BL3
£180K11/200.37 mi24, Barkwell Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HX3
£275K02/230.37 mi1, Barkwell Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HX3
£275K07/210.38 mi9, Hanover Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0LQ3
£205K09/230.39 mi55, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HH3
£189.9K02/210.42 mi17, Cherry Tree Walk, Mossley, Ashton-under-lyne, Greater Manchester OL5 0EH3
£250K12/220.49 mi80, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE3
£207K05/210.5 mi14, St Johns Gardens, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SS3
£205K05/210.5 mi8, St Johns Gardens, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SS3
£235K07/230.5 mi24, Woodbank Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SP3
£215K09/230.5 mi70, Old Brow, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DY3
£165K03/210.51 mi17, New Earth Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SL3
£292K09/210.54 mi122, Three Counties Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GA3
£235K01/210.54 mi130, Three Counties Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GA3
£218.5K12/210.58 mi4, Border Mill Fold, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GD3
£245K11/220.61 mi120, Three Counties Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GA3
£161.5K01/210.63 mi1, Park Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0AU3
£350K04/210.66 mi13, Strawberry Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RJ3
£370K12/200.67 mi114a, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY3
£273.5K08/230.7 mi19, Barngate Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DH3
£285K09/220.7 mi7, The Manse, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DP3
£210K12/200.73 mi20, Under Lane, Grotton, Oldham, Greater Manchester OL4 5RJ3
£236K04/230.73 mi20, Under Lane, Grotton, Oldham, Greater Manchester OL4 5RJ3
£171K01/210.76 mi4, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DN3
£225K06/230.76 mi125, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AA3
£235K01/230.77 mi28, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DN3
£241K11/200.78 mi343, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RS3

Local Rents

25 rents from £800/mo to £3.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05006/240.23 miCross Street, OL53
£95006/240.24 miWaterton Lane, Mossley, Ashton-Under-Lyne3
£1,10004/240.3 mi-3
£1,10010/240.3 mi-3
£95002/240.37 mi-3
£95010/240.42 mi-3
£95009/230.51 mi-3
£80006/240.66 mi-3
£85009/240.83 miKing Street, OL53
£1,00006/240.85 mi-3
£3,30006/240.89 mi-3
£3,30006/240.89 mi-3
£3,30008/240.89 mi-3
£99511/230.98 mi-3
£1,40002/251.04 mi-3
£99506/241.07 miLavender Road, Oldham, Greater Manchester, OL43
£95012/241.07 mi-3
£1,00006/241.12 mi-3
£85006/241.12 mi12 Shadows Lane3
£1,22509/241.13 mi-3
£1,20009/241.14 mi-3
£1,05002/251.15 mi-3
£1,75012/241.16 miOldham Road, Lydgate, Oldham, Greater Manchester, OL43
£1,30006/241.16 miPlatting Road, Lydgate3
£1,10007/241.2 mi-3

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.58 miles away

Nearest school

0.30 miles away

Nearest train station

0.60 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £229,950

December 18, 2024

Floor Plans

Description

  • No Vendor Chain +
  • Three Bedrooms +
  • Two Bathrooms +
  • Garage +
  • Sought After Area +
  • Viewing Essential! +

This delightful three-bedroom detached dormer bungalow, offered with no vendor chain, is nestled in the highly sought-after Top Mossley area. The area benefits from excellent transport links, proximity to local amenities, and access to highly regarded schools. Nature lovers will enjoy being within walking distance of picturesque countryside trails, including the iconic Hartshead Pike, perfect for leisurely walks and outdoor activities.

This property offers a flexible layout with plenty of scope for personalisation and enhancement. The ground floor features a spacious lounge that flows seamlessly into the dining room, creating a warm and inviting living space perfect for entertaining. The kitchen provides ample storage and functionality. Also on the ground floor are a third bedroom with its own en-suite bathroom and a separate family bathroom, adding convenience and practicality.

The first floor hosts two generously sized bedrooms, each offering flexibility for use as additional sleeping quarters, a home office, or hobby rooms. This flexibility makes the home ideal for families or those looking to adapt the space to suit their lifestyle.

Externally, the property benefits from a good-sized well-maintained lawned garden to the front, while the rear features an enclosed garden, perfect for simply unwinding in privacy. Additionally, the detached garage to the side provides valuable storage space or parking.

This home offers immense potential to create a truly personalised and stylish home in a desirable location. Viewing Highly Recommended

Ground Floor -

Hall - Door to front, door to storage cupboard, door leading to:

Lounge - 5.18m x 3.28m (17'0" x 10'9") - Double glazed window to front, feature fireplace with inset fire, radiator, door leading to inner hall, open plan to:

Dining Room - 3.06m x 2.69m (10'0" x 8'10") - Double glazed window to side, stairs leading to first floor.

Inner Hall - Doors leading to:

Kitchen - 4.27m x 2.50m (14'0" x 8'2") - Fitted with a matching range of base and eye level units with worktop space over, inset sink and drainer with mixer tap and tiled splashbacks, plumbing for washing machine, space for fridge/freezer, built-in oven, built-in hob with extractor hood over, double glazed window to rear, two radiators, door leading out to rear garden.

Bathroom - 2.00m x 1.68m (6'7" x 5'6") - Three piece suite comprising panelled bath with shower over, wash hand basin and low-level WC, tiled walls, double glazed window to side, radiator.

Bedroom 3 - 3.05m x 3.39m (10'0" x 11'1") - Double glazed window to rear, radiator, double doors leading to:

En-Suite Bathroom - 2.87m x 2.28m (9'5" x 7'6") - Three piece suite comprising panelled bath with shower over, wash hand basin and low-level WC, tiled walls, two double glazed windows to sides, radiator.

First Floor -

Landing - Doors leading to:

Bedroom 1 - 4.60m x 4.42m (15'1" x 14'6") - Double glazed window to front, radiator.

Bedroom 2 - 2.90m x 6.10m (9'6" x 20'0") - Two double glazed windows to rear, radiator.

Outside - Lawned garden to the front with planted borders. Enclosed garden to the rear.

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.

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Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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