2 Bed Terraced House, Single Let, Rochdale, OL12 9RT, £115,000

Louise Street, Smallbridge, OL12 9RT - 1 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£52K - £232K
Sold Prices/m²£897/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£106,443

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£700 - £925

Rent Estimate

£703

Running Costs/mo

£520

Cashflow/mo

£183

Cashflow/yr

£2,196

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £52K to £232K, average is £114K. £897/m² to £3.8K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£82K09/210 mi86, Louise Street, Rochdale, Greater Manchester OL12 9RT2
£125K08/210.06 mi53, Rhodes Street, Rochdale, Greater Manchester OL12 9RP2
£86K06/230.09 mi4, Royal Street, Rochdale, Greater Manchester OL16 2PU2
£90K12/230.09 mi3, Royal Street, Rochdale, Greater Manchester OL16 2PU2
£110K02/230.1 mi8, Windham Street, Rochdale, Greater Manchester OL16 2PY2
£150K09/230.19 mi6, Howarth Cross Street, Rochdale, Greater Manchester OL16 2PB2
£75K12/200.2 mi7, Brickfield Street, Rochdale, Greater Manchester OL16 2PD2
£110K12/200.21 mi6, Howarth Cross Street, Rochdale, Greater Manchester OL16 2PB2
£232K01/230.26 mi13, Wheelwright Drive, Rochdale, Greater Manchester OL16 2QQ2
£100K01/230.38 mi16, Warwick Street, Rochdale, Greater Manchester OL12 9SW2
£75K02/240.38 mi24, Warwick Street, Rochdale, Greater Manchester OL12 9SW2
£85K04/210.39 mi6, Ann Street, Hurstead, Rochdale, Greater Manchester OL12 9AP2
£102K04/210.39 mi79, Ashbrook Hey Lane, Rochdale, Greater Manchester OL12 9AQ2
£90K01/210.4 mi7, Canon Street, Rochdale, Greater Manchester OL16 2TA2
£85K06/210.42 mi8, Bishop Street, Rochdale, Greater Manchester OL16 2TE2
£130K06/240.42 mi20, Bishop Street, Rochdale, Greater Manchester OL16 2TE2
£122K04/240.43 mi20, Greengate Close, Rochdale, Greater Manchester OL12 9PX2
£140K08/210.44 mi11, Spinners Gardens, Wardle, Rochdale, Greater Manchester OL12 9HL2
£68K10/210.44 mi34, Canon Street, Rochdale, Greater Manchester OL16 2TF2
£125.6K11/200.45 mi12, Spinners Gardens, Wardle, Rochdale, Greater Manchester OL12 9HL2
£159.9K12/200.49 mi1, Springfield Lane, Rochdale, Greater Manchester OL16 2RS2
£166K01/240.54 mi34, Syke Road, Rochdale, Greater Manchester OL12 9TB2
£124K10/200.54 mi120, Park Road, Rochdale, Greater Manchester OL12 9BP2
£130K08/210.54 mi103, Park Road, Rochdale, Greater Manchester OL12 9BP2
£78K03/210.55 mi13, Blanche Street, Rochdale, Greater Manchester OL12 0EJ2
£113K07/240.55 mi19, Blanche Street, Rochdale, Greater Manchester OL12 0EJ2
£78K02/210.55 mi4, Frances Street, Rochdale, Greater Manchester OL16 2SA2
£91.5K04/210.55 mi2, Frances Street, Rochdale, Greater Manchester OL16 2SA2
£128.5K04/230.55 mi13, Frances Street, Rochdale, Greater Manchester OL16 2SA2
£52K02/240.55 mi23, Frances Street, Rochdale, Greater Manchester OL16 2SA2
£143K12/220.57 mi570, Halifax Road, Rochdale, Greater Manchester OL16 2RZ2
£120K02/210.59 mi26, Bower Avenue, Rochdale, Greater Manchester OL12 9QW2
£170K06/240.59 mi12, Bower Avenue, Rochdale, Greater Manchester OL12 9QW2
£195K11/220.6 mi24, Bower Avenue, Rochdale, Greater Manchester OL12 9QW2
£115K07/210.61 mi84, Ada Street, Rochdale, Greater Manchester OL12 0EQ2
£104K02/240.61 mi92, Ada Street, Rochdale, Greater Manchester OL12 0EQ2
£104K02/240.61 mi92, Ada Street, Rochdale, Greater Manchester OL12 0EQ2
£90K11/200.61 mi2, Mary Street, Rochdale, Greater Manchester OL16 2SE2
£100K12/200.62 mi95, Maud Street, Rochdale, Greater Manchester OL12 0EL2
£118K12/210.62 mi95, Maud Street, Rochdale, Greater Manchester OL12 0EL2
£135K01/240.64 mi84, Beswicke Royds Street, Rochdale, Greater Manchester OL16 2XD2
£135K01/240.64 mi84, Beswicke Royds Street, Rochdale, Greater Manchester OL16 2XD2
£81.5K11/210.65 mi16, Dewhirst Road, Rochdale, Greater Manchester OL12 0AG2
£150K05/230.65 mi92, Greenbank Road, Rochdale, Greater Manchester OL12 0EN2
£70K05/230.65 mi10, Rossall Road, Rochdale, Greater Manchester OL12 0EG2
£150K07/230.65 mi29, Rossall Road, Rochdale, Greater Manchester OL12 0EG2
£165K07/230.65 mi37, Rossall Road, Rochdale, Greater Manchester OL12 0EG2
£105K12/220.66 mi28, Leyton Street, Rochdale, Greater Manchester OL12 0AW2
£125K01/210.67 mi19, Birch Avenue, Rochdale, Greater Manchester OL12 9QH2
£115K06/210.69 mi6, Glen Gardens, Rochdale, Greater Manchester OL12 0BU2

Local Rents

11 rents from £700/mo to £925/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£70007/230.09 mi-2
£79511/240.09 mi-2
£72512/240.11 miWindham Street, Rochdale, Greater Manchester, OL162
£70010/240.33 mi-2
£80003/250.33 mi-2
£77512/240.38 mi-2
£90003/250.41 mi-2
£92512/240.43 miBrookside Grange, Rochdale, OL162
£92512/240.52 miBrook End, Rochdale2
£79506/240.54 mi-2
£85012/240.54 mi-2

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

0.69 miles away

Nearest school

0.10 miles away

Nearest train station

0.97 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £115,000

January 31, 2025

Floor Plans

Description

  • MID TERRACED PROPERTY +
  • TWO BEDROOMS +
  • AN IDEAL FIRST TIME BUY OR INVESTMENT +
  • CLOSE TO LOCAL AMENITIES +
  • YARD TO REAR +
  • NO ONWARD CHAIN +
  • EPC RATING C +
  • COUNCIL TAX BAND A +
  • LEASEHOLD +

Located within easy access to local amenities including shops, schools and direct public transport links offers this two bedroom, mid terraced property. An ideal first time buy or investment property comprising of a spacious lounge with vestibule, a fitted kitchen with access to the cellar, two bedrooms and the house bathroom suite. Externally there is an enclosed yard to the rear and street parking to the front. NO ONWARD CHAIN.

Lounge - 4.51 x 4.37 (14'9" x 14'4") - a spacious lounge with vestibule and feature fireplace.

Kitchen - 4.39 x 2.27 (14'4" x 7'5") - fitted with a range of wall and base units, sink, space for a slot-in cooker and plumbing for a washing machine. Access to the cellar can be located in the kitchen via a stone staircase.

Cellar 1 - 2.48 x 2.14 (8'1" x 7'0") - Accessed via a stone staircase.

Cellar 2 - 2.14 x 1.79 (7'0" x 5'10") -

Landing - with access to the first floor rooms.

Bedroom 1 - 4.37 x 3.02 (14'4" x 9'10") - a large double bedroom located to the front of the property.

Bedroom 2 - 3.55 x 2.27 (11'7" x 7'5") - a second bedroom located to the rear of the property where the boiler can be located.

Bathroom - 3.42 x 1.39 (11'2" x 4'6") - a fitted bathroom suite comprising a fitted corner bath, low level WC and wash hand basin.

External - to the rear offers a small enclosed yard. Street parking can be found at the front of the property.

Material Information - Littleborough - Tenure Type; LEASEHOLD
Leasehold Years remaining on lease; 845
Leasehold Ground Rent Amount: £1.10s.0d
Council Tax Banding; Rochdale Council Band A

Agent Details

Hunters, Littleborough and Surrounding Areas

01706 335856

Next Steps?

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