2 Bed Flat, Single Let, Rochdale, OL16 3AG, £90,000

Newbold Hall Drive, Rochdale, OL16 3AG - 4 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 13%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£66.5K - £177K
Sold Prices/m²£1K/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£112,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£650 - £995

Rent Estimate

£721

Running Costs/mo

£445

Cashflow/mo

£276

Cashflow/yr

£3,307

ROI

13%

Gross Yield

10%

Local Sold Prices

47 sold prices from £66.5K to £177K, average is £101.5K. £1K/m² to £2.7K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£107K11/200.08 mi39, Newbold Hall Gardens, Rochdale, Greater Manchester OL16 3AL2
£70K10/200.33 mi324, Albert Royds Street, Rochdale, Greater Manchester OL16 2UD2
£75K08/210.67 mi60, Eafield Road, Rochdale, Greater Manchester OL16 2TH2
£75K08/210.67 mi60, Eafield Road, Rochdale, Greater Manchester OL16 2TH2
£177K04/220.75 mi4, Moorhouse Farm, Milnrow, Rochdale, Greater Manchester OL16 4BS2
£135K07/210.75 mi2, Moorhouse Farm, Milnrow, Rochdale, Greater Manchester OL16 4BS2
£108K11/200.75 mi5, Moorhouse Farm, Milnrow, Rochdale, Greater Manchester OL16 4BS2
£115K03/221.02 miApartment 8, Textile Mills, Clegg Hall Road, Littleborough, Greater Manchester OL15 0AF2
£121K01/241.25 mi44, Jacob Bright Mews, Rochdale, Greater Manchester OL12 6JF2
£120K04/211.25 mi36, Jacob Bright Mews, Rochdale, Greater Manchester OL12 6JF2
£96.7K11/231.25 mi5, Jacob Bright Mews, Rochdale, Greater Manchester OL12 6JF2
£115K08/221.26 mi8, Jacob Bright Mews, Rochdale, Greater Manchester OL12 6JF2
£122.5K11/221.26 mi12, Jacob Bright Mews, Rochdale, Greater Manchester OL12 6JF2
£90K10/231.39 mi26, Ash Close, Rochdale, Greater Manchester OL12 9AN2
£90K05/241.42 mi4, Hornets Close, Rochdale, Greater Manchester OL11 2AH2
£67K08/221.42 miFlat 23, Kingfisher Court, Great Howarth, Rochdale, Greater Manchester OL12 9HD2
£66.5K10/221.42 miFlat 26, Kingfisher Court, Great Howarth, Rochdale, Greater Manchester OL12 9HD2
£117.8K01/221.43 mi7, Clock Tower Court, Milnrow, Rochdale, Greater Manchester OL16 3PY2
£88K08/241.46 mi11, Balderstone Road, Rochdale, Greater Manchester OL11 2AD2
£88K11/231.46 mi21, Balderstone Road, Rochdale, Greater Manchester OL11 2AD2
£162K01/241.46 miFalinge Manor Mews, Apartment 11, Falinge Road, Rochdale, Greater Manchester OL12 6RU2
£121K12/201.46 miApartment 24, Falinge Manor Mews, Falinge Road, Rochdale, Greater Manchester OL12 6RU2
£128K02/241.46 miFalinge Manor Mews, Apartment 14, Falinge Road, Rochdale, Greater Manchester OL12 6RU2
£101.5K07/221.48 mi14, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£73.5K05/211.48 mi30, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£93K11/221.48 mi12, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£100K05/221.48 mi42, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£95K02/231.48 mi24, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£92.5K12/231.48 mi64, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£88K05/221.51 mi60, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£92.5K11/221.51 mi62, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£100K09/221.66 mi2, Birch View, Rochdale, Greater Manchester OL12 9PZ2
£89K08/231.66 mi22, Birch View, Rochdale, Greater Manchester OL12 9PZ2
£86K07/221.66 mi14, Birch View, Rochdale, Greater Manchester OL12 9PZ2
£97K07/231.76 mi11a, Beaufort Street, Rochdale, Greater Manchester OL12 7EP2
£140K02/221.85 miFlat 1, Ashley Dearnley Court, New Road, Littleborough, Greater Manchester OL15 8QY2
£114.5K02/231.88 mi44, Hill Top Drive, Rochdale, Greater Manchester OL11 2RD2
£133K07/211.97 mi53, Mill Fold Gardens, Littleborough, Greater Manchester OL15 8SA2
£139K12/201.97 mi47, Mill Fold Gardens, Littleborough, Greater Manchester OL15 8SA2
£150K06/211.97 mi39, Mill Fold Gardens, Littleborough, Greater Manchester OL15 8SA2
£115K07/221.98 mi85, Dell Road, Rochdale, Greater Manchester OL12 6AZ2
£108K09/231.98 mi91, Dell Road, Rochdale, Greater Manchester OL12 6AZ2
£92K10/201.98 mi91, Dell Road, Rochdale, Greater Manchester OL12 6AZ2
£89K12/201.98 mi69, Dell Road, Rochdale, Greater Manchester OL12 6AZ2
£130K03/241.98 mi61, Dell Road, Rochdale, Greater Manchester OL12 6AZ2
£105K04/231.98 mi47, Dell Road, Rochdale, Greater Manchester OL12 6AZ2
£152.5K10/221.99 mi21, Mill Fold Gardens, Littleborough, Greater Manchester OL15 8SA2

Local Rents

18 rents from £650/mo to £995/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£69506/240.02 miNewbold Hall Drive, Rochdale OL16 3AJ2
£95006/240.1 miEclipse Close, Off Croxton Avenue, OL162
£99503/250.13 mi-2
£79506/240.14 miWindsor Terrace, Rochdale2
£82507/230.14 mi-2
£82501/250.14 mi-2
£89502/250.14 mi-2
£80011/240.2 mi-2
£65010/230.37 mi-2
£72510/240.37 mi-2
£79508/230.38 mi-2
£82510/240.39 mi-2
£92510/240.44 mi-2
£82507/230.47 mi-2
£85001/240.54 mi-2
£85001/240.54 mi-2
£90007/230.56 mi-2
£92512/240.62 miBrook End, Rochdale2

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

0.89 miles away

Nearest school

0.30 miles away

Nearest train station

0.84 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £90,000

December 21, 2024

Floor Plans

Description

  • NO CHAIN: TWO BEDROOM GROUND FLOOR APARTMENT +
  • OPEN PLAN LOUNGE / DINER / KITCHEN +
  • TWO DOUBLE BEDROOMS (MASTER WITH EN-SUITE BATHROOM) +
  • FAMILY BATHROOM +
  • LARGE HALLWAY WITH ADDITIONAL STORAGE +
  • COMMUNAL GARDENS TO FRONT & BACK +
  • DESIGINATED PARKING TO THE SIDE +
  • EXCELLENT TRANSPORT NETWORK +
  • CLOSE TO LOCAL AMENITIES +
  • VIEWINGS COME HIGHLY RECOMMENDED +

NO CHAIN: WELL-PRESENTED TWO BEDROOM GROUND FLOOR APARTMENT, OFFERS MODERN OPEN PLAN LIVING WITH TWO DOUBLE BEDROOMS, LOCATED IN THE POPULAR AREA OF NEWBOLD CLOSE TO ALL LOCAL AMENITIES AND EXCELLENT TRANSPORT LINKS WITH COMMUNAL GARDENS AND PARKING.
Andrew Kelly and Associates are delighted to offer for sale WITH NO CHAIN this TWO-BEDROOM GROUND FLOOR APARTMENT, situated in Newbold and only a short drive away from the areas of Rochdale and Milnrow, which provide a good selection of local amenities including several independent shops, excellent schools, bars, restaurants, Kingsway retail park, only a few minutes from the M62 motorway network with direct links to Manchester, Leeds and Liverpool and close by is the Metrolink network with easy access to Rochdale, Oldham and Manchester. Benefitting electric heating and double glazing throughout. The accommodation comprises briefly of an entrance hallway, open plan lounge/kitchen/dining room, two double bedrooms (master with en-suite bathroom) and a three-piece modern family bathroom. Externally, is a large communal car park area and gardens to the front & back.
VIEWING IS ESSENTIAL ON THIS GROUND FLOOR MODERN APARTMENT LIVING, TO FULLY APPRECIATE THE PRESENTATION AND ACCOMMODATION ON OFFER.

Agent Details

Andrew Kelly, Rochdale and Surrounding

01706 335876

Next Steps?

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