2 Bed Terraced House, Single Let, Rochdale, OL16 5JS, £115,000

ROYDS STREET, Kingsway, Rochdale OL16 5JS - 2 views - 3 months ago

Sold STC
BTL
ROI: 6%
~65 m²
+5 photos

ValuationOvervalued

Sold Prices£35K - £167.5K
Sold Prices/m²£556/m² - £3.5K/m²

 

 

Square Metres

~64.50 m²
Price/m²£1.8K/m²

Value Estimate

£85,728

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£650 - £1,430

Rent Estimate

£695

Running Costs/mo

£518

Cashflow/mo

£177

Cashflow/yr

£2,120

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £35K to £167.5K, average is £101K. £556/m² to £3.5K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£83K03/210.01 mi86, Royds Street, Rochdale, Greater Manchester OL16 5JS2
£80K03/210.03 mi10, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£110K02/240.03 mi27, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£92K06/210.04 mi107, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£75K12/200.04 mi110, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£148K02/240.04 mi87, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£125K10/230.04 mi73, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£120K12/220.04 mi10, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£105K02/230.05 mi10, Sandfield Road, Rochdale, Greater Manchester OL16 5LE2
£152K02/230.05 mi19, Sandfield Road, Rochdale, Greater Manchester OL16 5LE2
£152K11/220.08 mi79, Percy Street, Rochdale, Greater Manchester OL16 5LF2
£108K11/200.09 mi73, Percy Street, Rochdale, Greater Manchester OL16 5LF2
£104K01/240.09 mi20, Woodbine Street East, Rochdale, Greater Manchester OL16 5LB2
£115K05/230.09 mi98, Woodbine Street East, Rochdale, Greater Manchester OL16 5LB2
£67.5K12/200.11 mi37, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£94.5K06/230.11 mi15, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£90K03/240.11 mi9, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£55K01/230.14 mi165, Royds Street, Rochdale, Greater Manchester OL16 5JZ2
£120K10/230.14 mi35, Muriel Street, Rochdale, Greater Manchester OL16 5JQ2
£135K08/230.14 mi1, Crown Gardens, Rochdale, Greater Manchester OL16 5LG2
£90K02/210.18 mi4, Thames Street, Rochdale, Greater Manchester OL16 5NY2
£60K03/210.24 mi32, Well Street, Rochdale, Greater Manchester OL11 1AX2
£81.5K01/210.24 mi15, Well Street, Rochdale, Greater Manchester OL11 1AX2
£100K06/210.26 mi23, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£127K09/230.26 mi10, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£90K11/230.26 mi15, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£135K07/230.29 mi15, Schofield Street, Rochdale, Greater Manchester OL11 1BA2
£35K02/240.31 mi4, Hereford Street, Rochdale, Greater Manchester OL11 1LN2
£78K04/230.31 mi58, Watkin Street, Rochdale, Greater Manchester OL16 4UJ2
£100K01/230.31 mi61, Watkin Street, Rochdale, Greater Manchester OL16 4UJ2
£115K12/220.32 mi9, Tennyson Street, Rochdale, Greater Manchester OL11 1LY2
£155K07/240.33 mi100, Clarendon Street, Rochdale, Greater Manchester OL16 4UB2
£122K12/220.35 mi94, Clarendon Street, Rochdale, Greater Manchester OL16 4UB2
£104K08/210.36 mi5, Burlington Street, Rochdale, Greater Manchester OL11 2EX2
£127.5K02/240.36 mi3, Burlington Street, Rochdale, Greater Manchester OL11 2EX2
£140K11/220.37 mi84, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR2
£80K03/230.37 mi35, Stamford Street, Rochdale, Greater Manchester OL16 5DS2
£85K01/210.39 mi28, Pioneer Street, Rochdale, Greater Manchester OL11 1JG2
£84K11/200.39 mi18, Pioneer Street, Rochdale, Greater Manchester OL11 1JG2
£102K12/230.39 mi20, Pioneer Street, Rochdale, Greater Manchester OL11 1JG2
£60K12/200.39 mi27, Lower Street, Rochdale, Greater Manchester OL16 4TG2
£83K03/210.41 mi5, Philip Street, Rochdale, Greater Manchester OL11 1PJ2
£100K05/240.42 mi114, Queensway, Rochdale, Greater Manchester OL11 1TJ2
£106.5K09/230.43 mi39, Greenfield Street, Rochdale, Greater Manchester OL11 2JX2
£85K06/240.43 mi47, Greenfield Street, Rochdale, Greater Manchester OL11 2JX2
£132.5K02/210.43 mi22, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TZ2
£167.5K10/230.44 mi11, Stiups Lane, Rochdale, Greater Manchester OL16 4XR2
£95K08/210.46 mi13, Overt Street, Rochdale, Greater Manchester OL11 1PW2
£122.5K04/210.46 mi8, Buersil Avenue, Rochdale, Greater Manchester OL16 4TP2
£88K04/210.47 mi54, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ2

Local Rents

51 rents from £650/mo to £1.4K/mo, average is £885/mo.

RentDateDistanceAddressBeds 
£80012/240.03 miPrince Street, Rochdale2
£87504/250.06 mi-2
£85004/250.07 mi-2
£89504/250.08 mi-2
£85012/240.09 miPercy Street, Rochdale2
£89512/240.41 mi-2
£92504/250.41 mi-2
£89504/250.52 mi-2
£77511/230.62 mi-2
£85006/240.67 miRhodes Crescent, Rochdale2
£79509/240.68 mi-2
£88501/250.71 mi-2
£88012/240.72 miDrake Street, Rochdale, OL162
£92512/240.72 mi-2
£88012/240.72 mi-2
£1,10004/240.72 mi-2
£99505/240.72 mi-2
£92512/240.72 mi-2
£95003/250.74 mi-2
£69506/240.75 miNewbold Hall Drive, Rochdale OL16 3AJ2
£95006/240.76 miEclipse Close, Off Croxton Avenue, OL162
£79506/240.81 miWindsor Terrace, Rochdale2
£82507/230.82 mi-2
£82501/250.82 mi-2
£89502/250.82 mi-2
£82510/240.82 mi-2
£70006/240.83 mi241 Kensington Street, Rochdale OL11 1QS 2
£65006/240.84 miCanberra Way, Balderstone Place, Rochdale, Lancashire, OL112
£99503/250.85 mi-2
£79508/230.86 mi-2
£92510/240.86 mi-2
£80011/240.88 mi-2
£92512/240.9 mi-2
£1,30006/240.9 miDUO at Upperbanks, New Baillie Street, Rochdale, Greater Manchester, OL162
£1,42006/240.9 miDUO at Upperbanks, New Baillie Street, Rochdale, Greater Manchester, OL162
£1,30012/240.9 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£82507/230.91 mi-2
£1,33012/240.93 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,41512/240.93 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,35506/240.93 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,38012/240.93 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,43012/240.93 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,35512/240.93 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,40512/240.93 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£85001/240.94 mi-2
£85001/240.94 mi-2
£99511/240.94 mi-2
£75004/250.94 mi-2
£65010/230.95 mi-2
£72510/240.95 mi-2
£75001/250.97 mi-2

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

1.35 miles away

Nearest school

0.10 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £115,000

January 29, 2025

Floor Plans

Description

  • Well Presented +
  • Mid-Terraced House +
  • Two Bedrooms +
  • Large Lounge +
  • Fitted Dining Kitchen +
  • Modern Three-Piece Bathroom +
  • Yard To Rear +
  • Popular Yet Convenient Location +
  • Close To Local Amenities +
  • Ideal For First-Time Buyers / Investors +

Situated in a popular yet convenient location, this MID-TERRACED HOUSE boasts ideal first time buyer living accommodation whilst also having easy access to excellent local amenities including schools, train station, Metrolink and the motorway network.

Internally, the tastefully decorated property has been well-maintained throughout and offers ideal first time buyer living accommodation comprising of a large lounge, fitted dining kitchen, TWO BEDROOMS and a modern three-piece bathroom. The property also benefits from having gas central heating and upvc double glazing throughout.

To the rear of the property there is also a private yard.

THIS PROPERTY IS FREEHOLD!

Agent Details

Reside Estate Agency, Rochdale

01706 335427

Next Steps?

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