2 Bed Terraced House, Single Let, Rochdale, OL11 1PL, £100,000

Midhurst Street, Rochdale, Greater Manchester, OL11 1PL - 1 views - 2 months ago

Sold STC

Leasehold

BTL

ROI: 12%

~68 m²

ValuationOvervalued

Sold Prices	£35K - £160.5K
Sold Prices/m²	£556/m² - £1.9K/m²

Square Metres	~68.11 m²
Price/m²	£1.5K/m²
Value Estimate	£86,420£86,420

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£25,000£25,000
Stamp Duty & Legal Fees	£4,200£4,200
Total Cash In	£29,200£29,200

Cash Out
Rent Range	£700 - £1,100£700 - £1,100
Rent Estimate	£790
Running Costs/mo	£491£491
Cashflow/mo	£300£300
Cashflow/yr	£3,594£3,594
ROI	12%12%
Gross Yield	9%9%

Local Sold Prices

50 sold prices from £35K to £160.5K, average is £100K. £556/m² to £1.9K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£83K	03/21	0.03 mi	5, Philip Street, Rochdale, Greater Manchester OL11 1PJ	-	-	2	Terraced House
£95K	08/21	0.04 mi	13, Overt Street, Rochdale, Greater Manchester OL11 1PW	-	-	2	Terraced House
£84K	08/21	0.08 mi	20, Welburn Street, Rochdale, Greater Manchester OL11 1PR	£1,235	68	2	Terraced House
£112.5K	06/23	0.1 mi	18, Ventnor Street, Rochdale, Greater Manchester OL11 1QD	£1,389	81	2	Terraced House
£115K	12/22	0.13 mi	9, Tennyson Street, Rochdale, Greater Manchester OL11 1LY	-	-	2	Terraced House
£80K	10/21	0.13 mi	4, Lucknow Street, Rochdale, Greater Manchester OL11 1RH	£1,096	73	2	Terraced House
£35K	02/24	0.17 mi	4, Hereford Street, Rochdale, Greater Manchester OL11 1LN	£556	63	2	Terraced House
£87K	12/22	0.17 mi	33, Osborne Street, Rochdale, Greater Manchester OL11 1QE	-	-	2	Terraced House
£100K	12/23	0.2 mi	38, Mere Lane, Rochdale, Greater Manchester OL11 3TD	£1,266	79	2	Terraced House
£85K	01/21	0.21 mi	28, Pioneer Street, Rochdale, Greater Manchester OL11 1JG	£1,518	56	2	Terraced House
£84K	11/20	0.21 mi	18, Pioneer Street, Rochdale, Greater Manchester OL11 1JG	-	-	2	Terraced House
£102K	12/23	0.21 mi	20, Pioneer Street, Rochdale, Greater Manchester OL11 1JG	£1,729	59	2	Semi-Detached House
£60K	03/21	0.26 mi	32, Well Street, Rochdale, Greater Manchester OL11 1AX	£968	62	2	Terraced House
£81.5K	01/21	0.26 mi	15, Well Street, Rochdale, Greater Manchester OL11 1AX	£1,113	73	2	Terraced House
£100K	05/24	0.27 mi	114, Queensway, Rochdale, Greater Manchester OL11 1TJ	-	-	2	Semi-Detached House
£95K	06/24	0.28 mi	64, Ann Street, Rochdale, Greater Manchester OL11 1EZ	£1,696	56	2	Semi-Detached House
£135K	07/23	0.29 mi	15, Schofield Street, Rochdale, Greater Manchester OL11 1BA	£1,570	86	2	Terraced House
£118K	07/21	0.3 mi	4, Craven Gardens, Rochdale, Greater Manchester OL11 3SB	£1,269	93	2	Terraced House
£85K	04/21	0.32 mi	14, Grandidge Street, Rochdale, Greater Manchester OL11 3SA	£1,012	84	2	Terraced House
£160.5K	10/23	0.34 mi	28, Green Bridge Close, Rochdale, Greater Manchester OL11 1TL	-	-	2	Terraced House
£67.5K	12/20	0.35 mi	37, Prince Street, Rochdale, Greater Manchester OL16 5LL	£1,055	64	2	Semi-Detached House
£94.5K	06/23	0.35 mi	15, Prince Street, Rochdale, Greater Manchester OL16 5LL	£883	107	2	Terraced House
£90K	03/24	0.35 mi	9, Prince Street, Rochdale, Greater Manchester OL16 5LL	-	-	2	Terraced House
£80K	12/23	0.36 mi	126, Hardwicke Street, Rochdale, Greater Manchester OL11 1QJ	£1,194	67	2	Terraced House
£115K	08/21	0.36 mi	1, Elm Grove, Rochdale, Greater Manchester OL11 3RZ	£1,250	92	2	Terraced House
£135K	08/23	0.38 mi	1, Crown Gardens, Rochdale, Greater Manchester OL16 5LG	-	-	2	Semi-Detached House
£92K	06/24	0.39 mi	7, Ashton Street, Rochdale, Greater Manchester OL11 3RT	£1,614	57	2	Terraced House
£102K	04/23	0.39 mi	209, Kensington Street, Rochdale, Greater Manchester OL11 1QS	£1,229	83	2	Terraced House
£100K	06/21	0.41 mi	23, Watkin Street, Rochdale, Greater Manchester OL16 4UH	-	-	2	Semi-Detached House
£127K	09/23	0.41 mi	10, Watkin Street, Rochdale, Greater Manchester OL16 4UH	£1,257	101	2	Terraced House
£90K	11/23	0.41 mi	15, Watkin Street, Rochdale, Greater Manchester OL16 4UH	£1,200	75	2	Terraced House
£120K	12/23	0.41 mi	6, Prospect Street, Rochdale, Greater Manchester OL11 1QR	£1,644	73	2	Terraced House
£111.8K	09/23	0.42 mi	2, Great Gates Close, Rochdale, Greater Manchester OL11 2HW	£1,510	74	2	Semi-Detached House
£113K	02/24	0.42 mi	14, Great Gates Close, Rochdale, Greater Manchester OL11 2HW	£1,662	68	2	Semi-Detached House
£80K	03/21	0.43 mi	10, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX	£1,269	63	2	Terraced House
£110K	02/24	0.43 mi	27, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX	£1,571	70	2	Terraced House
£152K	11/22	0.43 mi	79, Percy Street, Rochdale, Greater Manchester OL16 5LF	-	-	2	Semi-Detached House
£120K	12/22	0.43 mi	10, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX	£1,905	63	2	Terraced House
£108K	11/20	0.43 mi	73, Percy Street, Rochdale, Greater Manchester OL16 5LF	£1,420	76	2	Semi-Detached House
£113K	12/22	0.44 mi	251, Kensington Street, Rochdale, Greater Manchester OL11 1QS	£1,750	65	2	Terraced House
£83K	03/21	0.44 mi	86, Royds Street, Rochdale, Greater Manchester OL16 5JS	£1,239	67	2	Terraced House
£92K	06/21	0.44 mi	107, Prince Street, Rochdale, Greater Manchester OL16 5LJ	£1,082	85	2	Terraced House
£75K	12/20	0.44 mi	110, Prince Street, Rochdale, Greater Manchester OL16 5LJ	£1,154	65	2	Terraced House
£148K	02/24	0.44 mi	87, Prince Street, Rochdale, Greater Manchester OL16 5LJ	£1,850	80	2	Terraced House
£125K	10/23	0.44 mi	73, Prince Street, Rochdale, Greater Manchester OL16 5LJ	£1,524	82	2	Terraced House
£104K	08/21	0.44 mi	5, Burlington Street, Rochdale, Greater Manchester OL11 2EX	-	-	2	Terraced House
£127.5K	02/24	0.44 mi	3, Burlington Street, Rochdale, Greater Manchester OL11 2EX	£1,700	75	2	Terraced House
£105K	02/24	0.44 mi	19, Abingdon Close, Rochdale, Greater Manchester OL11 3PU	£1,235	85	2	Terraced House
£106.5K	09/23	0.45 mi	39, Greenfield Street, Rochdale, Greater Manchester OL11 2JX	-	-	2	Terraced House
£85K	06/24	0.45 mi	47, Greenfield Street, Rochdale, Greater Manchester OL11 2JX	£1,349	63	2	Terraced House

Local Rents

17 rents from £700/mo to £1.1K/mo, average is £880/mo.

Rent	Date	Distance	Address	Beds	Type
£775	11/23	0.18 mi	-	2	Terraced House
£700	06/24	0.39 mi	241 Kensington Street, Rochdale OL11 1QS	2	Terraced House
£895	12/24	0.43 mi	-	2	Terraced House
£925	04/25	0.43 mi	-	2	Terraced House
£895	03/25	0.43 mi	-	2	Terraced House
£850	12/24	0.44 mi	Percy Street, Rochdale	2	Semi-Detached House
£800	12/24	0.44 mi	Prince Street, Rochdale	2	Terraced House
£850	06/24	0.48 mi	Rhodes Crescent, Rochdale	2	Detached House
£875	04/25	0.51 mi	-	2	Terraced House
£795	09/24	0.52 mi	-	2	Terraced House
£885	01/25	0.58 mi	-	2	Flat
£880	12/24	0.58 mi	Drake Street, Rochdale, OL16	2	Flat
£1,100	04/24	0.58 mi	-	2	Flat
£995	05/24	0.58 mi	-	2	Flat
£880	12/24	0.58 mi	-	2	Flat
£925	12/24	0.58 mi	-	2	Flat
£925	12/24	0.58 mi	-	2	Flat

Local Area Statistics

Population in OL11	45,50645,506
Population in Rochdale	128,851128,851
Town centre distance	1.36 miles away1.36 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.23 miles away0.23 miles away

Rental growth (12m)	+56%+56%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+26%+26%

Property History

Listed for £100,000

January 29, 2025

Description

SOLD PRE MARKET TO PRIORITY BUYER!
FOR FURTHER DETAILS PLEASE CONTACT OFFICE.

Agent Details

Cowell & Norford, Rochdale

01706 396399

Next Steps?

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