3 Bed Terraced House, Single Let, Rochdale, OL16 3LW, £145,000

NALL STREET, Milnrow, Rochdale, OL16 3LW - 4 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£105K - £280K
Sold Prices/m²£1.2K/m² - £6.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£179,800
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Total Cash In

£41,800

 

 

Cash Out

 

Rent Range

£850 - £1,350

Rent Estimate

£859

Running Costs/mo

£645

Cashflow/mo

£214

Cashflow/yr

£2,569

ROI

6%

Gross Yield

7%

Local Sold Prices

49 sold prices from £105K to £280K, average is £175K. £1.2K/m² to £6.3K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£120K04/230.02 mi101, Nall Street, Milnrow, Rochdale, Greater Manchester OL16 3LW3
£127K11/200.04 miPamoula, Rochdale Road, Milnrow, Rochdale, Greater Manchester OL16 3LL3
£110K07/210.06 mi95, Rochdale Road, Milnrow, Rochdale, Greater Manchester OL16 4DU3
£156K10/210.06 mi101, Rochdale Road, Milnrow, Rochdale, Greater Manchester OL16 4DU3
£105K11/210.06 mi91, Rochdale Road, Milnrow, Rochdale, Greater Manchester OL16 4DU3
£130K12/210.07 mi2, Crossley Street, Milnrow, Rochdale, Greater Manchester OL16 4DR3
£230K07/230.12 mi8, Moorhouse Farm, Milnrow, Rochdale, Greater Manchester OL16 4BS3
£260K09/210.16 mi34, Weir Road, Milnrow, Rochdale, Greater Manchester OL16 3UX3
£255K04/230.16 mi83, Weir Road, Milnrow, Rochdale, Greater Manchester OL16 3UX3
£130K10/210.17 mi108, The Cray, Milnrow, Rochdale, Greater Manchester OL16 4EA3
£115K01/230.17 mi134, The Cray, Milnrow, Rochdale, Greater Manchester OL16 4EA3
£190K05/210.18 mi14, Roads Ford Avenue, Milnrow, Rochdale, Greater Manchester OL16 3UQ3
£237K06/240.18 mi14, Roads Ford Avenue, Milnrow, Rochdale, Greater Manchester OL16 3UQ3
£139.9K04/210.19 mi1, Furness Close, Milnrow, Rochdale, Greater Manchester OL16 4DB3
£185K06/210.2 mi8, Shorefield Close, Milnrow, Rochdale, Greater Manchester OL16 3UF3
£193.6K07/240.2 mi5, Croft Head Drive, Milnrow, Rochdale, Greater Manchester OL16 3UE3
£195K03/230.2 mi28, Croft Head Drive, Milnrow, Rochdale, Greater Manchester OL16 3UE3
£145K01/230.2 mi4, Leyfield Road, Milnrow, Rochdale, Greater Manchester OL16 4HL3
£175K06/210.21 mi24, Bealcroft Close, Milnrow, Rochdale, Greater Manchester OL16 3XD3
£134K04/210.21 mi12, Hallcroft Gardens, Milnrow, Rochdale, Greater Manchester OL16 4HH3
£145K08/230.21 mi4, Hallcroft Gardens, Milnrow, Rochdale, Greater Manchester OL16 4HH3
£190K10/210.23 mi16, Turnough Road, Milnrow, Rochdale, Greater Manchester OL16 3UT3
£165K10/230.23 mi6, Turnough Road, Milnrow, Rochdale, Greater Manchester OL16 3UT3
£170K04/230.23 mi10, Turnough Road, Milnrow, Rochdale, Greater Manchester OL16 3UT3
£148K06/210.25 mi38, Yeomans Close, Milnrow, Rochdale, Greater Manchester OL16 3UP3
£180K11/210.25 mi6, Silver Hill, Milnrow, Rochdale, Greater Manchester OL16 3UJ3
£216K01/240.25 mi7, Silver Hill, Milnrow, Rochdale, Greater Manchester OL16 3UJ3
£145K06/210.25 mi11, Welbeck Close, Milnrow, Rochdale, Greater Manchester OL16 4DQ3
£190K12/220.26 mi6, Dalton Avenue, Rochdale, Greater Manchester OL16 4AU3
£200K07/210.27 mi58, Croft Head Drive, Milnrow, Rochdale, Greater Manchester OL16 3UZ3
£280K12/230.27 mi46, Croft Head Drive, Milnrow, Rochdale, Greater Manchester OL16 3UZ3
£205K06/240.27 mi58, Croft Head Drive, Milnrow, Rochdale, Greater Manchester OL16 3UZ3
£220K12/200.28 mi57, Eafield Avenue, Milnrow, Rochdale, Greater Manchester OL16 3UN3
£214K11/220.29 mi11, Eafield Avenue, Milnrow, Rochdale, Greater Manchester OL16 3UN3
£134K02/210.29 mi2, Field Road, Rochdale, Greater Manchester OL16 4AZ3
£154K04/210.29 mi8, Eafield Close, Milnrow, Rochdale, Greater Manchester OL16 3JQ3
£154K04/210.29 mi8, Eafield Close, Milnrow, Rochdale, Greater Manchester OL16 3JQ3
£111K11/230.3 mi29, Simeon Street, Milnrow, Rochdale, Greater Manchester OL16 3LD3
£177K04/240.3 mi11, Simeon Street, Milnrow, Rochdale, Greater Manchester OL16 3LD3
£234K06/240.3 mi6, Collier Avenue, Milnrow, Rochdale, Greater Manchester OL16 3UY3
£182K01/210.3 mi12, Collier Avenue, Milnrow, Rochdale, Greater Manchester OL16 3UY3
£173K08/210.3 mi3, Collier Avenue, Milnrow, Rochdale, Greater Manchester OL16 3UY3
£210K01/240.3 mi5, Collier Avenue, Milnrow, Rochdale, Greater Manchester OL16 3UY3
£230K08/240.3 mi32, Collier Avenue, Milnrow, Rochdale, Greater Manchester OL16 3UY3
£216.8K07/240.32 mi73, Knowl Road, Rochdale, Greater Manchester OL16 4BB3
£210K07/240.35 mi84, Kiln Lane, Milnrow, Rochdale, Greater Manchester OL16 3JN3
£156K06/230.36 mi32, Hurstead Road, Milnrow, Rochdale, Greater Manchester OL16 3JS3
£160K05/210.36 mi41, Hurstead Road, Milnrow, Rochdale, Greater Manchester OL16 3JS3
£133K03/210.36 mi6, Juniper Drive, Firgrove, Rochdale, Greater Manchester OL16 3BE3

Local Rents

12 rents from £850/mo to £1.4K/mo, average is £955/mo.

RentDateDistanceAddressBeds 
£95010/230.18 mi-3
£87506/240.22 miWoburn Close, Milnrow, Rochdale3
£1,10010/240.27 mi-3
£89512/240.34 miCROFT MEWS, Milnrow, Rochdale OL16 3AS3
£1,09506/240.37 miRochdale, Milnrow, Firgrove, OL16, P33203
£96012/240.47 miGorse Road, Milnrow, Rochdale, Greater Manchester, OL163
£95012/240.64 miBEECHFIELD ROAD, Milnrow, Rochdale OL16 4HB3
£1,25006/240.72 miFox Park Lane, Rochdale, OL163
£1,25011/230.74 mi-3
£85011/240.89 mi-3
£85005/241.17 mi-3
£1,35012/241.19 miNewhey Road, Newhey, OL163

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

1.59 miles away

Nearest school

0.10 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £145,000

January 9, 2025

Floor Plans

Description

  • End-Terraced House +
  • Three Bedrooms +
  • Lounge With Log Burner +
  • Fitted Dining Kitchen +
  • Three-Piece Bathroom +
  • Garden Fronted +
  • Rear Yard +
  • Off-Road Parking +
  • Ideal For First Time Buyer +
  • No Chain +

Located just on the outskirts of Milnrow village, this delightful END-TERRACED HOUSE comes with off-road parking and offers perfect first time buyer living accommodation. With great access to local amenities, all situated within walking distance, the property also offers easy access to excellent transport links including the Metrolink into Manchester City Centre and junction 21 of the M62 being less than a five-minute drive away.

Internally, the well-maintained property would be ideal for any first time buyer as it comprises a lounge with log burner, fitted dining kitchen, THREE BEDROOMS and a three-piece bathroom. The property also benefits from having a boarded loft, gas central heating and upvc double glazing throughout.

Tucked away just off Milnrow Road, the property has off-road parking at the front, in addition to a colourful front garden. There is also a low-maintenance rear garden with a shed that has power.

Agent Details

Reside Estate Agency, Rochdale

01706 335427

Next Steps?

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