2 Bed Flat, Single Let, Rochdale, OL16 3DN, £125,000
Schofield Close, Milnrow, Rochdale OL16 3DN - 1 views - 4 months ago
Under Offer
Leasehold
BTL
ROI: 5%
~49 m²





+5 photos
ValuationOvervalued
Sold Prices | £73.5K - £177K |
Sold Prices/m² | £1.1K/m² - £2.7K/m² |
| |
Square Metres | ~49.10 m² |
Price/m² | £2.5K/m² |
Value Estimate | £72,049 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £31,250 |
Stamp Duty & Legal Fees | £7,450 |
Total Cash In | £38,700 |
| |
Cash Out | |
Rent Range | £565 - £1,200 |
Rent Estimate | £700 |
Running Costs/mo | £551 |
Cashflow/mo | £149 |
Cashflow/yr | £1,793 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
24 sold prices from £73.5K to £177K, average is £94K. £1.1K/m² to £2.7K/m², average is £1.5K/m².
Local Rents
20 rents from £565/mo to £1.2K/mo, average is £850/mo.
Local Area Statistics
Population in OL16 | 37,246 |
Population in Rochdale | 128,851 |
Town centre distance | 2.03 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.17 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +15% |
Sales demand | Seller's market |
Capital growth (5yrs) | +35% |
Property History
Listed for £125,000
December 19, 2024
Floor Plans

Description
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