2 Bed Terraced House, Single Let, Oldham, OL9 8NT, £160,000

192 Fields New Road, Chadderton, Oldham, OL9 8NT - 4 months ago

Sold STC
Leasehold
BTL
ROI: 2%
87 m²
+5 photos

ValuationUndervalued

Sold Prices£70K - £270K
Sold Prices/m²£1.2K/m² - £3.3K/m²

 

 

Square Metres

87 m²
Price/m²£1.8K/m²

Value Estimate

£165,300
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£750 - £1,200

Rent Estimate

£759

Running Costs/mo

£672

Cashflow/mo

£87

Cashflow/yr

£1,046

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £270K, average is £123.3K. £1.2K/m² to £3.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£130K09/230.01 mi162, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NT2
£107K06/230.01 mi176, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NT2
£98K01/210.12 mi235, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NZ2
£132.5K10/210.15 mi248, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 8PE2
£117.5K12/200.15 mi252, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 8PE2
£170K07/230.16 mi54, Wiltshire Road, Chadderton, Oldham, Greater Manchester OL9 7RY2
£103K02/210.16 mi38, Wiltshire Road, Chadderton, Oldham, Greater Manchester OL9 7RY2
£143K06/230.16 mi16, Wiltshire Road, Chadderton, Oldham, Greater Manchester OL9 7RY2
£148K11/230.17 mi25, Marfield Avenue, Chadderton, Oldham, Greater Manchester OL9 8PN2
£174K12/230.17 mi2, Marfield Avenue, Chadderton, Oldham, Greater Manchester OL9 8PN2
£109K04/230.17 mi206, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 8PL2
£116K06/210.17 mi217, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DG2
£140K10/230.18 mi191, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DQ2
£115K05/210.18 mi197, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DQ2
£119K08/210.21 mi7, Hampshire Road, Chadderton, Oldham, Greater Manchester OL9 7RX2
£110K03/230.21 mi5, Hampshire Road, Chadderton, Oldham, Greater Manchester OL9 7RX2
£108K02/210.22 mi248, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7QB2
£120K12/210.22 mi157, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DH2
£89K03/210.23 mi35, Gorton Street, Chadderton, Oldham, Greater Manchester OL9 8QH2
£112K02/230.23 mi41, Gorton Street, Chadderton, Oldham, Greater Manchester OL9 8QH2
£160K11/210.23 mi1, Huntingdon Avenue, Chadderton, Oldham, Greater Manchester OL9 7RZ2
£125.5K06/210.24 mi297, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7QA2
£105K12/200.24 mi295, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7QA2
£115K11/200.24 mi112, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7RU2
£117.5K12/230.24 mi191, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7SD2
£178K06/230.24 mi12, Abbey Grove, Chadderton, Oldham, Greater Manchester OL9 8RJ2
£190K09/230.24 mi7, Abbey Grove, Chadderton, Oldham, Greater Manchester OL9 8RJ2
£162K05/210.24 mi14, Abbey Grove, Chadderton, Oldham, Greater Manchester OL9 8RJ2
£105K07/210.25 mi42, Agnes Street, Chadderton, Oldham, Greater Manchester OL9 8QR2
£85K03/210.25 mi26, Agnes Street, Chadderton, Oldham, Greater Manchester OL9 8QR2
£155K03/230.26 mi21, Stansfield Street, Chadderton, Oldham, Greater Manchester OL9 7RT2
£160K09/230.27 mi33, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9EA2
£136K02/230.27 mi73, Robinson Street, Chadderton, Oldham, Greater Manchester OL9 8QL2
£120K11/210.28 mi33, Robinson Street, Chadderton, Oldham, Greater Manchester OL9 8QS2
£270K07/220.28 mi51, Lindale Avenue, Chadderton, Oldham, Greater Manchester OL9 9DW2
£200K02/210.28 mi53, Lindale Avenue, Chadderton, Oldham, Greater Manchester OL9 9DW2
£86K12/200.3 mi14, Sidmouth Street, Oldham, Greater Manchester OL9 7RG2
£152K08/230.31 mi43, Thompson Lane, Chadderton, Oldham, Greater Manchester OL9 8LX2
£210K02/210.31 mi2, Carnforth Avenue, Chadderton, Oldham, Greater Manchester OL9 9DN2
£101K02/210.32 mi29, Rochester Way, Chadderton, Oldham, Greater Manchester OL9 9BQ2
£165K07/230.32 mi46, Eaves Lane, Chadderton, Oldham, Greater Manchester OL9 8RG2
£70K10/230.33 mi6, Radnor Street, Oldham, Greater Manchester OL9 7RH2
£152K03/240.34 mi48, Whiteley Street, Chadderton, Oldham, Greater Manchester OL9 7HY2
£115K10/230.35 mi31, Stafford Street, Oldham, Greater Manchester OL9 7BG2
£121K08/230.35 mi8, Engine Street, Chadderton, Oldham, Greater Manchester OL9 7JG2
£148K11/230.35 mi16, Engine Street, Chadderton, Oldham, Greater Manchester OL9 7JG2
£88K01/230.36 mi61, Oxford Street, Oldham, Greater Manchester OL9 7SL2
£143K08/210.36 mi15, Scholes Street, Chadderton, Oldham, Greater Manchester OL9 8LN2
£190K06/210.37 mi5, Lyndhurst Avenue, Chadderton, Oldham, Greater Manchester OL9 9QT2
£187.5K04/220.38 mi4, Glasson Walk, Chadderton, Oldham, Greater Manchester OL9 9DR2

Local Rents

29 rents from £750/mo to £1.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£77509/240.12 mi-2
£95004/250.17 mi-2
£1,10007/240.18 miGlenham Way, Oldham, Lancashire, OL92
£87507/240.19 miDenton Lane, Chadderton, Oldham2
£95011/240.21 mi-2
£80007/240.24 mi-2
£92512/240.28 mi-2
£90003/250.29 mi-2
£85004/250.33 mi-2
£90008/240.37 miWhitegate Lane, Chadderton, Oldham2
£90008/240.37 miWhitegate Lane, Chadderton, Oldham2
£85006/240.38 mi-2
£80007/240.43 miCoalshaw Green Road, Chadderton2
£1,10003/250.44 mi-2
£95002/250.45 mi-2
£95002/250.48 mi-2
£1,05004/250.48 mi-2
£90006/240.5 miLancaster Street, Chadderton, Oldham2
£1,20004/250.52 mi-2
£89506/240.55 mi-2
£92507/240.56 miQueens Road, Chadderton, Oldham, Greater Manchester, OL92
£91508/240.56 miQueens Road, Chadderton, Oldham, Greater Manchester, OL92
£85007/240.57 mi-2
£99508/240.57 miRose Street, Oldham, OL92
£87504/250.57 mi-2
£99508/240.58 miRose Street, Oldham, OL92
£75011/240.58 mi-2
£89508/240.61 mi-2
£1,00003/250.61 mi-2

Local Area Statistics

Population in OL9

40,528

Population in Oldham

182,174

Town centre distance

2.17 miles away

Nearest school

0.20 miles away

Nearest train station

0.92 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Listed for £160,000

January 10, 2025

Floor Plans

Description

  • Mid Terrace +
  • Two Bedrooms +
  • Loft Room +
  • Well Presented Throughout +
  • Ideal FTB or Young Family +
  • Utility Room +
  • Popular Location +
  • EPC - tbc +

Offered for sale with NO CHAIN therefore VACANT POSESSION on completion is this extremely well presented two bedroom mid terrace. Ideally suited to a variety of buyers from first time purchasers, to young families or those wanting to add to their buy to let portfolio. Situated in a popular location within easy reach of the Metrolink network at Freehold Station giving access to Oldham, Rochdale and Manchester plus close to good amenities and local schools. Internally the accommodation briefly comprises of entrance vestibule, lounge, dining kitchen and utility room to the ground floor, to the first floor there are two good size bedrooms and a modern bathroom plus an additional useful loft room. Externally the property has a low maintenance yard and also benefits from double glazing and gas central heating.  Entrance Vestibule Lounge - 4.14m x 4.14m (13'7" x 13'7") Kitchen/Diner - 4.17m x 3.96m (13'8" x 13'0") Utility Room - 2.16m x 1.6m (7'1" x 5'3") Landing Bedroom - 2.87m x 4.06m (9'5" x 13'4") Bedroom - 2.54m x 3.81m (8'4" x 12'6") Bathroom - 1.75m x 1.63m (5'9" x 5'4") Loft Room - 4.17m x 3.73m (13'8" x 12'3" to eaves) Additional Information TENURE: Leasehold - 996 years from August 1897 - Solicitor to confirm details. COUNCIL BAND: A -  Please note these are subject to change occasionally, so we advise you make your own checks with the local council prior to completion. VIEWING ARRANGEMENTS: Strictly by appointment with the agents. NTS MATERIAL INFORMATION PACK AVAILABLE Agents Note Whilst every care has been taken to prepare these sales particulars they are for guidance purposes only. Potential buyers should fully investigate any issues that maybe personally important to them prior to completion. All measurements are approximate and are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements. Fixtures and Fittings stated as included in the property are based on achieving the asking price.

Agent Details

Kirkham Property, Chadderton

0161 524 9694

Next Steps?

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