2 Bed Flat, Single Let, Rochdale, OL16 4AH, £129,950

Broadview Court, Burnedge, Rochdale OL16 4AH 4Ah - 3 months ago

Leasehold
BTL
ROI: 6%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£64.8K - £225K
Sold Prices/m²£926/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£109,368

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,488

Stamp Duty & Legal Fees

£5,099

Total Cash In

£37,586

 

 

Cash Out

 

Rent Range

£650 - £1,248

Rent Estimate

£750

Running Costs/mo

£576

Cashflow/mo

£174

Cashflow/yr

£2,087

ROI

6%

Gross Yield

7%

Local Sold Prices

40 sold prices from £64.8K to £225K, average is £102.8K. £926/m² to £3.6K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£101.5K07/220.37 mi14, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£73.5K05/210.37 mi30, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£93K11/220.37 mi12, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£100K05/220.37 mi42, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£95K02/230.37 mi24, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£92.5K12/230.37 mi64, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£88K05/220.37 mi60, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£92.5K11/220.38 mi62, Canberra Way, Rochdale, Greater Manchester OL11 2EL2
£88K08/240.4 mi11, Balderstone Road, Rochdale, Greater Manchester OL11 2AD2
£88K11/230.4 mi21, Balderstone Road, Rochdale, Greater Manchester OL11 2AD2
£90K05/240.42 mi4, Hornets Close, Rochdale, Greater Manchester OL11 2AH2
£114.5K02/231.02 mi44, Hill Top Drive, Rochdale, Greater Manchester OL11 2RD2
£177K04/221.28 mi4, Moorhouse Farm, Milnrow, Rochdale, Greater Manchester OL16 4BS2
£135K07/211.28 mi2, Moorhouse Farm, Milnrow, Rochdale, Greater Manchester OL16 4BS2
£108K11/201.28 mi5, Moorhouse Farm, Milnrow, Rochdale, Greater Manchester OL16 4BS2
£142K10/221.36 mi7, Primrose Hill Court, Shaw, Oldham, Greater Manchester OL2 7PJ2
£145K08/221.37 mi25, Primrose Hill Court, Shaw, Oldham, Greater Manchester OL2 7PJ2
£76K11/201.41 mi17, Thornham Road, Shaw, Oldham, Greater Manchester OL2 7HR2
£107K11/201.42 mi39, Newbold Hall Gardens, Rochdale, Greater Manchester OL16 3AL2
£117.8K01/221.44 mi7, Clock Tower Court, Milnrow, Rochdale, Greater Manchester OL16 3PY2
£155K05/231.46 mi16, The Brock, Shaw, Oldham, Greater Manchester OL2 7HG2
£85K08/221.51 mi74, Assheton Road, Shaw, Oldham, Greater Manchester OL2 7LP2
£225K02/231.63 mi5, Norfolk Close, Shaw, Oldham, Greater Manchester OL2 7ER2
£209.9K10/201.75 mi4, Butcher Lane, Royton, Oldham, Greater Manchester OL2 5UR2
£102K01/231.82 mi8, Maden View, Rochdale, Greater Manchester OL11 2XB2
£103K12/201.82 mi4, Maden View, Rochdale, Greater Manchester OL11 2XB2
£155K02/231.87 mi29, The Fairways, Royton, Oldham, Greater Manchester OL2 6GD2
£117K04/211.87 mi31, The Fairways, Royton, Oldham, Greater Manchester OL2 6GD2
£117.5K06/211.88 mi34, The Fairways, Royton, Oldham, Greater Manchester OL2 6GD2
£110K05/211.88 mi33, The Fairways, Royton, Oldham, Greater Manchester OL2 6GD2
£122.2K07/211.92 mi48, Elmstone Drive, Royton, Oldham, Greater Manchester OL2 6DH2
£98K03/231.92 mi30, Elmstone Drive, Royton, Oldham, Greater Manchester OL2 6DH2
£120K01/241.96 mi19, Abbott Street, Rochdale, Greater Manchester OL11 3HT2
£112.5K12/221.96 miThe Westcombe Building, 47, Sydney Barnes Close, Rochdale, Greater Manchester OL11 3DA2
£102.5K10/231.96 miThe Oaklands, 206, Fairway, Rochdale, Greater Manchester OL11 3BZ2
£95K07/231.96 miThe Westcombe Building, 5, Sydney Barnes Close, Rochdale, Greater Manchester OL11 3DA2
£120K08/231.96 miThe Westcombe Building, 25, Sydney Barnes Close, Rochdale, Greater Manchester OL11 3DA2
£83K01/211.99 mi19, Ajax Street, Rochdale, Greater Manchester OL11 3HN2
£65K03/231.99 mi17, Ajax Street, Rochdale, Greater Manchester OL11 3HN2
£64.8K10/231.99 mi27, Flake Lane, Royton, Oldham, Greater Manchester OL2 5RF2

Local Rents

21 rents from £650/mo to £1.2K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£95003/250.02 mi-2
£89504/250.36 mi-2
£65006/240.41 miCanberra Way, Balderstone Place, Rochdale, Lancashire, OL112
£92503/250.56 mi-2
£89512/240.58 mi-2
£92504/250.58 mi-2
£85012/240.69 miPercy Street, Rochdale2
£89504/250.69 mi-2
£80012/240.73 miPrince Street, Rochdale2
£95012/240.75 mi-2
£85006/240.75 miRhodes Crescent, Rochdale2
£85004/250.76 mi-2
£87504/250.76 mi-2
£92512/240.83 mi-2
£91012/240.97 mi-2
£1,24804/250.97 mi-2
£85012/241.09 miRochdale Road, Royton, Oldham, OL22
£77511/231.12 mi-2
£79506/241.22 miHarbour Lane, Milnrow, Rochdale, Greater Manchester, OL162
£70006/241.22 mi241 Kensington Street, Rochdale OL11 1QS 2
£85012/241.23 miLADYHOUSE LANE, Milnrow, Rochdale OL16 4EH2

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

2.10 miles away

Nearest school

0.50 miles away

Nearest train station

1.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £129,950

January 20, 2025

Floor Plans

Description

  • INVESTORS ONLY +
  • Top Floor Apartment +
  • Two Bedrooms +
  • Popular Development +
  • Tenant in Situ +
  • £750pcm Rental Income +
  • Electric Heating +
  • Well Presented Throughout +

ADAMSONS BARTON KENDAL are pleased to offer for sale this two bedroom top floor apartment situated in the popular Broadview Court development in the Buersil/Burnedge area of Rochdale. The property is to be sold with a tenant in situ, and as such is currently only available for viewing for investment purposes only. The apartment offers a rental income of £750pcm, with the tenant having signed a recent tenancy making this an attractive proposition for landlords looking to expand their portfolio. Internally, the property briefly comprises of an entrance hallway, a modern fitted kitchen, spacious lounge, two good sized double bedrooms, and a tuiled bathroom suite. The apartment is well presented throughout, as well as having well maintained communal area which are covered as part of the development's management/service charge. There is also a lift within the development, with access to this particular apartment situated directly adjacent to the lift. Viewing is recommended to appreciate this lovely property.

Parking is allocated with one space per apartment, and additional visitor parking available.

Further details of the service charge are available on request.

Agent Details

Barton Kendal Residential, Rochdale

01706 335900

Next Steps?

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