3 Bed Terraced House, Refurb/BRRR, Mossley, OL5 9PH, £195,000

Princess Close, Mossley, OL5 9PH - 2 views - 3 months ago

Sold STC
Leasehold
Cash
Refurb/BRRR
ROI: 2%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£118K - £335K
Sold Prices/m²£1.3K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.1K/m²

Value Estimate

£195,000

 

 

End Value (After Refurb)

£256,867

Uplift in Value

+32%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Refurb Costs

£39,324

Bridging Loan Interest

£5,119

Total Cash In

£101,993

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£256,867

Mortgage (After Refinance)

£192,650

Mortgage LTV

75%

Cash Released

£46,400

Cash Left In

£55,592

Equity

£64,217

Rent Range

£800 - £3,300

Rent Estimate

£1,270

Running Costs/mo

£1,077

Cashflow/mo

£193

Cashflow/yr

£2,319

ROI

2%

Gross Yield

8%

Local Sold Prices

50 sold prices from £118K to £335K, average is £219K. £1.3K/m² to £3.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£250K07/220.01 mi2, Princess Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PH3
£195K06/210.02 mi30, Princess Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PH3
£335K09/230.06 mi21, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ3
£300K07/230.06 mi19, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ3
£292K11/220.07 mi43, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£293K06/230.09 mi16, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£298K08/230.09 mi37, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£270K06/220.12 mi7, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA3
£230K02/230.17 mi33, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ3
£150K11/200.17 mi93, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ3
£223K09/220.19 mi25a, Denbigh Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PB3
£245K10/230.19 mi15, Cocksfoot Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JA3
£230K03/210.19 mi40, Cocksfoot Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JA3
£169K03/210.23 mi31a, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT3
£118.5K01/210.26 mi49, Cheshire Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NW3
£135K06/210.26 mi13, Cheshire Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NW3
£295K09/220.26 mi25, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA3
£215K06/210.26 mi29, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA3
£200K06/210.26 mi22, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA3
£265K07/230.28 mi7, Moorgate Mews, Carrbrook, Stalybridge, Greater Manchester SK15 3RG3
£161.5K01/210.28 mi60a, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JB3
£152.5K02/210.3 mi50, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NL3
£167K12/200.3 mi53, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF3
£235K06/210.31 mi3, Abney Grange, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LP3
£201K03/210.31 mi1, Newbridge View, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SE3
£235K06/210.31 mi3, Abney Grange, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LP3
£260K06/220.32 mi5, Abney Grange, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LP3
£195K08/230.34 mi36, King Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HX3
£210K07/210.36 mi5, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HU3
£225K08/220.38 mi3, Moorlands Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HA3
£172K08/210.4 mi85, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ3
£193K04/210.42 mi55, Moorgate Drive, Carrbrook, Stalybridge, Greater Manchester SK15 3LX3
£255K02/210.42 mi23, Moorgate Drive, Carrbrook, Stalybridge, Greater Manchester SK15 3LX3
£225K06/230.43 mi125, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AA3
£195K03/210.43 mi23, Moorgate Road, Carrbrook, Stalybridge, Greater Manchester SK15 3NF3
£120K12/200.46 mi16, Brackenhurst Avenue, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JS3
£118K04/210.48 mi6, Gorse Avenue, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JT3
£285K09/220.49 mi7, The Manse, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DP3
£280K05/230.49 mi87, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DL3
£235K01/230.5 mi28, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DN3
£215K06/210.5 mi58, Buckton Vale Road, Carrbrook, Stalybridge, Greater Manchester SK15 3PJ3
£162.5K05/210.5 mi14, Buckton Vale Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LW3
£260K12/220.5 mi42, Buckton Vale Road, Carrbrook, Stalybridge, Greater Manchester SK15 3LW3
£171K01/210.51 mi4, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DN3
£165K06/210.53 mi6, The Beeches, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EW3
£260K10/200.54 mi34, Arundel Close, Carrbrook, Stalybridge, Greater Manchester SK15 3LS3
£187.5K02/210.54 mi24, Buckton Vale Mews, Carrbrook, Stalybridge, Greater Manchester SK15 3SE3
£205K04/210.54 mi9, Buckton Vale Mews, Carrbrook, Stalybridge, Greater Manchester SK15 3SE3
£161.5K01/210.55 mi1, Park Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0AU3
£273.5K08/230.55 mi19, Barngate Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DH3

Local Rents

22 rents from £800/mo to £3.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05003/250.01 mi-3
£3,30006/240.25 mi-3
£3,30006/240.25 mi-3
£3,30009/240.25 mi-3
£85009/240.34 miKing Street, OL53
£1,00006/240.39 mi-3
£1,40002/250.4 mi-3
£1,35008/240.43 miMoorgate Road, Stalybridge, Greater Manchester, SK153
£1,30008/240.66 mi-3
£1,30008/240.66 mi-3
£1,10004/240.71 mi-3
£95006/230.73 mi-3
£95002/240.77 mi-3
£95009/230.79 mi-3
£95010/240.79 mi-3
£80006/240.84 mi-3
£1,10004/240.87 mi-3
£1,10010/240.87 mi-3
£1,05006/240.91 miCross Street, OL53
£95006/240.92 miWaterton Lane, Mossley, Ashton-Under-Lyne3
£1,10011/231.08 mi-3
£99507/241.08 mi-3

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.56 miles away

Nearest school

0.40 miles away

Nearest train station

0.56 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £195,000

January 30, 2025

Floor Plans

Description

  • Cul-De-Sac +
  • Three Bedrooms +
  • Gardens To Front & Rear +
  • Popular Location +
  • Great First Time Buyer Home +
  • Viewing Highly Recommended! +

This delightful three-bedroom mid-terraced property is perfectly situated on a quiet cul-de-sac in the highly desirable Mossley area. It provides an excellent balance of comfort and convenience, with easy access to local amenities, schools, good transport links, and the stunning open countryside, ideal for walks and outdoor activities. The property's peaceful setting makes it an ideal home for families, first-time buyers, or those seeking a serene lifestyle.

Upon entering, the ground floor welcomes you with a bright and welcoming porch a spacious lounge, perfect for relaxation and entertaining and a well-sized kitchen/diner.
The first floor comprises three bedrooms, offering comfortable sleeping arrangements, and a family bathroom, offering plenty of scope to refresh and add your own personal style.

Externally, the front of the property boasts a well-maintained small lawned garden, enhancing its curb appeal. To the rear, an enclosed garden provides a private retreat, mainly laid to lawn with a paved pathway and planted borders. This outdoor space is ideal for children to play, summer barbecues, or simply relaxing in the fresh air.

Whether you're a first-time buyer or a growing family, this property offers incredible potential for modernisation and the chance to tailor every detail to your taste. With its combination of location, layout, and opportunity, this is a home not to be missed!

Ground Floor -

Porch - Door to front, double glazed window to front, double glazed window to side, door leading to

Hall - Radiator, stairs leading to first floor, open plan to:

Lounge - 3.51m x 3.59m (11'6" x 11'9") - Double glazed window to front, feature fireplace, radiator, door leading to:

Kitchen/Diner - 2.28m x 4.50m (7'6" x 14'9") - Fitted with a matching range of base and eye level units with worktop space over, inset sink and drainer with mixer tap, tiled splashbacks, plumbing for washing machine, space for fridge/freezer, built-in oven, built-in hob with extractor hood over, two double glazed windows to rear, door leading out to rear garden.

First Floor -

Landing - Doors leading to:

Bedroom 1 - 3.51m x 2.79m (11'6" x 9'2") - Double glazed window to front, radiator.

Bedroom 2 - 2.43m x 2.75m (8'0" x 9'0") - Double glazed window to rear, radiator.

Bedroom 3 - 2.59m x 2.22m (8'6" x 7'3") - Double glazed window to front, radiator.

Bathroom - 1.57m x 2.22m (5'2" x 7'3") - Three piece suite comprising panelled bath with shower over, pedestal wash hand basin and low-level WC, part tiled walls, double glazed window to rear, radiator.

Outside - Lawned garden to the front of the property. Enclosed good sized garden to the rear mainly laid to lawn with paved pathway and planted borders.

Disclaimer - Home Estate Agents believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof. The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/her self of all measurements prior to purchase.

Before we can accept an offer for any property we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property we will require proof of funds. You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.

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Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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