3 Bed Flat, Single Let, Oldham, OL2 7SH, £219,950

Shawfold, Oldham, OL2 7SH - 4 months ago

Leasehold

BTL

~93 m²

+12 photos

ValuationOvervalued

Sold Prices	£67K - £305K
Sold Prices/m²	£992/m² - £2.8K/m²

Square Metres	~93 m²
Price/m²	£2.4K/m²
Value Estimate	£185,375£185,375

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£54,988£54,988
Stamp Duty & Legal Fees	£14,097£14,097
Total Cash In	£69,084£69,084

Cash Out
Rent Range	£875 - £1,400£875 - £1,400
Rent Estimate	£898
Running Costs/mo	£887£887
Cashflow/mo	£11£11
Cashflow/yr	£133£133
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

6 sold prices from £67K to £305K, average is £115.3K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£110.5K	09/22	1.52 mi	33, Albert Street, Royton, Oldham, Greater Manchester OL2 5UF	-	-	3	Flat
£145.5K	12/22	2.07 mi	Apartment 8, Waverley Court, Waverley Street, Oldham, Greater Manchester OL1 4GA	-	-	3	Flat
£120K	01/23	2.41 mi	114, Henshaw Street, Oldham, Greater Manchester OL1 2BL	£992	121	3	Flat
£67K	12/20	2.85 mi	Flat 73, Stoneyvale Court, Dicken Green Lane, Rochdale, Greater Manchester OL11 1SU	-	-	3	Flat
£78K	01/24	2.85 mi	Flat 30, Stoneyvale Court, Dicken Green Lane, Rochdale, Greater Manchester OL11 1SU	-	-	3	Flat
£305K	03/21	2.95 mi	80, Cathedral Road, Chadderton, Oldham, Greater Manchester OL9 0RG	£2,824	108	3	Flat

Local Rents

16 rents from £875/mo to £1.4K/mo, average is £998/mo.

Rent	Date	Distance	Address	Beds	Type
£1,015	12/24	0.06 mi	-	3	Terraced House
£970	03/25	0.16 mi	-	3	Terraced House
£875	03/25	0.18 mi	-	3	Terraced House
£920	04/25	0.18 mi	-	3	Terraced House
£995	12/24	0.22 mi	-	3	Terraced House
£900	06/24	0.34 mi	-	3	Terraced House
£895	06/24	0.36 mi	Beal Lane, Shaw	3	Flat
£1,100	12/24	0.38 mi	-	3	Terraced House
£1,100	01/25	0.39 mi	-	3	Terraced House
£1,000	06/24	0.42 mi	-	3	Terraced House
£950	01/25	0.48 mi	-	3	Terraced House
£960	04/25	0.48 mi	-	3	Terraced House
£1,200	04/24	0.48 mi	-	3	Semi-Detached House
£1,400	03/25	0.54 mi	-	3	Semi-Detached House
£1,000	03/25	0.6 mi	-	3	Semi-Detached House
£1,125	04/25	0.61 mi	-	3	Terraced House

Local Area Statistics

Population in OL2	42,19342,193
Population in Oldham	182,174182,174
Town centre distance	2.06 miles away2.06 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.46 miles away0.46 miles away

Rental growth (12m)	+15%+15%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+41%+41%

Property History

Listed for £219,950

December 27, 2024

Floor Plans

Description

3 double bedrooms +
Modern fitted kitchen +
Off road parking +
Garage +
Gardens front and rear +
Close to Shaw Centre +
No onward Chain +

Ideally situated within walking distance of Shaw Town and an excellent range of local amenities, this well-presented townhouse is offered for sale with no onward chain.The property features an entrance hall with useful storage, a spacious lounge/dining room, and a fitted kitchen. Upstairs, there are three generously sized double bedrooms and a family bathroom.Externally, the home benefits from front and rear gardens, off-road parking, and a garage. This property is sure to appeal to a variety of buyers. Early viewing is highly recommended to avoid disappointment.

Agent Details

Cornerstone Estates & Lettings Limited, Shaw

01706 619161

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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