3 Bed Flat, Cash/Bridging Only, Mossley, OL5 0HS, £220,000

Stamford Street, Mossley, Ashton-Under-Lyne, OL5 0HS - 3 months ago

Leasehold
Cash
ROI: 1%
~135 m²
+18 photos

ValuationFair Value

Sold Prices£70K - £265K
Sold Prices/m²£1.4K/m² - £4.2K/m²

 

 

Square Metres

~135 m²
Price/m²£1.6K/m²

Value Estimate

£224,400

 

 

End Value (After Refurb)

£303,750

Uplift in Value

+38%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Refurb Costs

£57,083

Bridging Loan Interest

£5,775

Total Cash In

£131,808

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£303,750

Mortgage (After Refinance)

£227,813

Mortgage LTV

75%

Cash Released

£62,813

Cash Left In

£68,996

Equity

£75,938

Rent Range

£800 - £3,300

Rent Estimate

£1,303

Running Costs/mo

£1,230

Cashflow/mo

£73

Cashflow/yr

£878

ROI

1%

Gross Yield

7%

Local Sold Prices

11 sold prices from £70K to £265K, average is £145.5K. £1.4K/m² to £4.2K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£125K08/221.21 mi45, Cravenwood, Ashton-under-lyne, Greater Manchester OL6 8AX3
£265K02/221.4 mi11, Station Road, Grotton, Oldham, Greater Manchester OL4 5SF3
£229K12/211.49 mi7, Gibbs Close, Greenfield, Oldham, Greater Manchester OL3 7PN3
£194K12/211.62 mi16d, Clough Lane, Grasscroft, Oldham, Greater Manchester OL4 4EW3
£135K10/222.28 miApartment 32, Regency Court, Waterloo Road, Stalybridge, Greater Manchester SK15 2AD3
£105K02/212.38 miFlat 27, Springwood Hall, Oldham Road, Ashton-under-lyne, Greater Manchester OL7 9RH3
£105K06/212.55 mi28, Castle Hall View, Stalybridge, Greater Manchester SK15 2DY3
£200K11/222.75 mi105, Park Road, Dukinfield, Greater Manchester SK16 5LX3
£70K11/202.82 miFlat 228, Wild House, Eldon Street Estate, Oldham, Greater Manchester OL8 1UR3
£145.5K12/222.91 miApartment 8, Waverley Court, Waverley Street, Oldham, Greater Manchester OL1 4GA3
£167K01/232.92 mi111b, High Street, Uppermill, Oldham, Greater Manchester OL3 6BD3

Local Rents

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

RentDateDistanceAddressBeds 
£1,10004/240.09 mi-3
£1,10010/240.09 mi-3
£95006/240.14 miWaterton Lane, Mossley, Ashton-Under-Lyne3
£1,05006/240.25 miCross Street, OL53
£95002/240.27 mi-3
£95010/240.43 mi-3
£95009/230.54 mi-3
£1,00006/240.56 mi-3
£85009/240.66 miKing Street, OL53
£3,30006/240.67 mi-3
£3,30006/240.67 mi-3
£3,30009/240.67 mi-3
£80006/240.72 mi-3
£1,05003/250.91 mi-3
£1,40002/250.92 mi-3
£95006/231.08 mi-3
£1,25007/241.21 miCravenwood, Ashton-Under-Lyne, OL63
£1,35009/241.22 miLowfield Avenue, Ashton, 3
£1,35008/241.24 miLadysmith Road, Ashton-under-Lyne, Greater Manchester, OL63

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.40 miles away

Nearest school

0.90 miles away

Nearest train station

0.35 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Price changed to £220,000

March 13, 2025

Listed for £225,000

January 2, 2025

Floor Plans

Description

  • Three Bedroom Duplex Apartment +
  • Fantastic Sized Living Accommodation +
  • Ideally Located in Top Mossley +
  • Upvc Double Glazed & Central Heated +
  • Allocated & Numbered Parking Space to rear +
  • Chain Free, View Today! +

Offered for sale with "No Chain" is this modern three bedroom duplex apartment situated in Top Mossley with great open views and large deceptively spacious living accommodation of which only a full personal inspection will fully reveal.

The well planned and fantastically sized accommodation set over two floors and briefly comprises: Entrance hallway, spacious lounge with dual aspect windows and long range views, contemporary fitted kitchen/dining room with some with integrated appliances again with long range views. Whilst to the first floor there are three excellent sized bedrooms and a large bathroom/WC. There is an allocated parking space to the rear (numbered) the property further benefits from Upvc double glazing and gas central heating. The property is ideally located within easy walking distance to the local amenities, railway station which provides access to Manchester and Huddersfield. The property is also within a ten minutes drive from Uppermill, Saddleworth villages and local walks and countryside.

An internal personal inspection is highly recommended.

Ground Floor -

Entrance Hall - Upvc double glazed entrance door, stairs leading to the kitchen.

Split Level Landing - Upvc double glazed window with views overlooking open countryside, stairs leading to the first floor, radiator.

Living Room - 5.96m x 4.55m (19'7" x 14'11") - Upvc double glazed windows to the front and rear with views to the rear, TV aerial point, radiator,

Kitchen/Dining Room - 4.06m x 4.07m (13'4" x 13'4") - Fitted with a matching range of white wall and base units incorporating a 1/4 stainless steel sink unit with single drainer, and work tops over, integrated electric oven, halogen electric hob with extractor hood over, integrated dishwasher, space and plumbing for automatic washing machine, space for fridge/freezer, cushion vinyl flooring to kitchen, fitted carpet to dining area, radiator, under stairs storage cupboard, gas central heating boiler, Upvc double glazed window to rear with long range views, part tiled walls, radiator.

Second Floor -

Landing -

Bedroom 1 - 3.19m x 4.57m (10'6" x 15'0") - Velux double glazed window to front, Tv aerial point, radiator.

Bedroom 2 - 2.67m x 4.09m (8'9" x 13'5") - Fitted wardrobes with sliding doors, Velux double glazed window to rear with long range views, radiator.

Bedroom 3 - 2.55m x 4.57m (8'4" x 15'0") - Velux double glazed window to rear with long range views, radiator.

Bathroom/Wc - Large fitted three piece bathroom in white comprising: Panelled bath with electric shower over, pedestal wash hand basin, low level WC, part tiled walls, extractor fan, vinyl flooring and radiator.

Outside -

Parking - Allocated parking space to rear (Clearly Signed No 52)

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.

Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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