3 Bed Terraced House, Single Let, Rochdale, OL16 4PQ, £140,000

Brookland Street, Balderstone, Rochdale, OL16 4PQ - 2 views - 3 months ago

Sold STC

Leasehold

BTL

ROI: 5%

~93 m²

+10 photos

ValuationUndervalued

Sold Prices	£105K - £440K
Sold Prices/m²	£1.2K/m² - £3.9K/m²

Square Metres	~93 m²
Price/m²	£1.5K/m²
Value Estimate	£180,000£180,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£35,000£35,000
Stamp Duty & Legal Fees	£5,700£5,700
Total Cash In	£40,700£40,700

Cash Out
Rent Range	£850 - £3,500£850 - £3,500
Rent Estimate	£850
Running Costs/mo	£628£628
Cashflow/mo	£223£223
Cashflow/yr	£2,670£2,670
ROI	7%7%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £105K to £440K, average is £190.5K. £1.2K/m² to £3.9K/m², average is £2.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£174.5K	11/22	0.07 mi	20, Buersil Avenue, Rochdale, Greater Manchester OL16 4TP	£1,763	99	3	Semi-Detached House
£200K	12/23	0.08 mi	35, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ	£2,410	83	3	Semi-Detached House
£196.5K	02/23	0.09 mi	29, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ	£1,812	108	3	Terraced House
£195K	05/23	0.1 mi	18, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TZ	-	-	3	Terraced House
£165K	12/23	0.12 mi	39, Weston Avenue, Rochdale, Greater Manchester OL16 4PW	£1,833	90	3	Semi-Detached House
£148K	04/21	0.12 mi	12, Cleveleys Avenue, Rochdale, Greater Manchester OL16 4PD	£1,973	75	3	Semi-Detached House
£205K	09/23	0.14 mi	4, Weston Avenue, Rochdale, Greater Manchester OL16 4TS	£2,071	99	3	Semi-Detached House
£161.8K	08/21	0.16 mi	6, Fraser Street, Rochdale, Greater Manchester OL16 4UA	-	-	3	Semi-Detached House
£160K	07/23	0.16 mi	9, Stiups Lane, Rochdale, Greater Manchester OL16 4XR	-	-	3	Semi-Detached House
£163K	02/21	0.16 mi	119, Broad Lane, Rochdale, Greater Manchester OL16 4PP	£1,190	137	3	Semi-Detached House
£235K	02/23	0.17 mi	5, Crompton Avenue, Rochdale, Greater Manchester OL16 4PB	-	-	3	Semi-Detached House
£146K	12/23	0.19 mi	294, Oldham Road, Rochdale, Greater Manchester OL11 2EZ	-	-	3	Terraced House
£135K	11/23	0.19 mi	292, Oldham Road, Rochdale, Greater Manchester OL11 2EZ	-	-	3	Terraced House
£216K	06/23	0.2 mi	38, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR	£2,541	85	3	Semi-Detached House
£170K	07/21	0.2 mi	63, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR	-	-	3	Semi-Detached House
£155K	12/20	0.2 mi	65, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR	£1,938	80	3	Semi-Detached House
£191K	10/23	0.2 mi	42, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY	£2,513	76	3	Semi-Detached House
£135K	03/21	0.2 mi	30, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY	£1,688	80	3	Semi-Detached House
£166K	10/23	0.2 mi	17, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY	-	-	3	Semi-Detached House
£225K	03/23	0.2 mi	20, Ryelands Close, Rochdale, Greater Manchester OL16 4UE	-	-	3	Semi-Detached House
£190K	02/23	0.2 mi	89, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY	£2,135	89	3	Semi-Detached House
£180K	06/24	0.21 mi	53, Clarendon Street, Rochdale, Greater Manchester OL16 4UB	£2,466	73	3	Terraced House
£220K	01/23	0.21 mi	64, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY	£2,785	79	3	Semi-Detached House
£190K	11/22	0.23 mi	62, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TY	£1,845	103	3	Semi-Detached House
£228K	08/23	0.24 mi	12, Berkeley Drive, Rochdale, Greater Manchester OL16 4UF	-	-	3	Semi-Detached House
£105K	07/23	0.25 mi	57, Queen Victoria Street, Rochdale, Greater Manchester OL11 2HF	-	-	3	Terraced House
£200K	04/21	0.25 mi	1, Seymour Grove, Rochdale, Greater Manchester OL16 4RB	£2,198	91	3	Detached House
£245K	04/23	0.28 mi	26, Charter Street, Rochdale, Greater Manchester OL16 4UD	-	-	3	Semi-Detached House
£147.5K	02/21	0.29 mi	4, Gisburn Drive, Rochdale, Greater Manchester OL11 2DE	£1,756	84	3	Semi-Detached House
£440K	12/20	0.29 mi	15, Blackchapel Drive, Rochdale, Greater Manchester OL16 4QU	£2,993	147	3	Detached House
£341K	10/23	0.29 mi	12, Blackchapel Drive, Rochdale, Greater Manchester OL16 4QU	£3,920	87	3	Detached House
£252K	06/21	0.3 mi	4, Meadowfield, Rochdale, Greater Manchester OL16 4QW	£2,965	85	3	Detached House
£173K	04/23	0.32 mi	6, Carpenters Way, Rochdale, Greater Manchester OL16 4XU	-	-	3	Semi-Detached House
£184K	05/21	0.32 mi	1, Carpenters Way, Rochdale, Greater Manchester OL16 4XU	£2,556	72	3	Semi-Detached House
£200K	10/23	0.32 mi	5, Carpenters Way, Rochdale, Greater Manchester OL16 4XU	-	-	3	Detached House
£182K	04/21	0.32 mi	28, Craiglands, Rochdale, Greater Manchester OL16 4RA	£3,138	58	3	Semi-Detached House
£160K	09/23	0.32 mi	34, Melbourne Close, Rochdale, Greater Manchester OL11 2EJ	-	-	3	Semi-Detached House
£154.5K	05/21	0.32 mi	68, Melbourne Close, Rochdale, Greater Manchester OL11 2EJ	£1,948	79	3	Semi-Detached House
£295K	01/21	0.33 mi	2, Badger Close, Rochdale, Greater Manchester OL16 4QR	£2,810	105	3	Detached House
£190K	06/23	0.34 mi	12, St Marys Close, Rochdale, Greater Manchester OL16 4XT	£2,759	69	3	Detached House
£259.9K	03/24	0.35 mi	41, Craiglands, Rochdale, Greater Manchester OL16 4RD	£2,524	103	3	Semi-Detached House
£205K	02/21	0.35 mi	37, Craiglands, Rochdale, Greater Manchester OL16 4RD	£1,864	110	3	Semi-Detached House
£205K	03/21	0.35 mi	61, Craiglands, Rochdale, Greater Manchester OL16 4RD	£2,113	97	3	Semi-Detached House
£203K	06/23	0.36 mi	82, Kingsway, Rochdale, Greater Manchester OL16 4UU	£2,137	95	3	Semi-Detached House
£210.5K	01/23	0.36 mi	2, St Marys Close, Rochdale, Greater Manchester OL16 4XT	£3,051	69	3	Detached House
£190K	06/24	0.36 mi	66, Turf Hill Road, Rochdale, Greater Manchester OL16 4XG	£2,537	75	3	Semi-Detached House
£195K	02/24	0.36 mi	43, Turf Hill Road, Rochdale, Greater Manchester OL16 4XG	£3,000	65	3	Semi-Detached House
£232K	07/23	0.37 mi	109, Turf Hill Road, Rochdale, Greater Manchester OL16 4XA	-	-	3	Semi-Detached House
£120K	08/23	0.38 mi	7, Schofield Street, Rochdale, Greater Manchester OL11 1BA	£1,559	77	3	Terraced House
£342.5K	09/23	0.38 mi	28, Hurst Meadow, Rochdale, Greater Manchester OL16 4QP	£2,500	137	3	Detached House

Local Rents

25 rents from £850/mo to £3.5K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,100	12/24	0.13 mi	Broad Lane, Rochdale, OL16	3	Semi-Detached House
£1,100	12/24	0.13 mi	-	3	Semi-Detached House
£1,080	12/24	0.14 mi	-	3	Semi-Detached House
£1,150	02/25	0.17 mi	-	3	Semi-Detached House
£1,100	12/24	0.29 mi	-	3	Semi-Detached House
£1,250	06/24	0.49 mi	Ginnell Farm Avenue, Rochdale	3	Detached House
£1,100	12/24	0.49 mi	Apple Tree Way, Rochdale, OL16	3	Semi-Detached House
£850	05/24	0.56 mi	-	3	Terraced House
£1,100	12/24	0.56 mi	Darlington Road, Rochdale, Greater Manchester, OL11	3	Semi-Detached House
£1,450	06/24	0.71 mi	Hill Top Drive, Rochdale, OL11	3	Detached House
£1,450	06/24	0.71 mi	-	3	Semi-Detached House
£1,300	04/25	0.71 mi	-	3	Semi-Detached House
£1,000	12/24	0.75 mi	-	3	Semi-Detached House
£995	12/24	0.76 mi	-	3	Terraced House
£995	12/24	0.76 mi	-	3	Terraced House
£995	04/25	0.76 mi	-	3	Terraced House
£900	12/24	0.78 mi	-	3	Semi-Detached House
£900	12/24	0.78 mi	-	3	Semi-Detached House
£995	12/24	0.79 mi	-	3	Terraced House
£3,500	12/24	0.86 mi	-	3	Semi-Detached House
£900	12/24	1.01 mi	-	3	Terraced House
£900	12/24	1.01 mi	Mere Street, Rochdale, OL11	3	Terraced House
£1,300	12/24	1.15 mi	-	3	Terraced House
£850	06/24	1.16 mi	Thornham Court Royton.	3	Flat
£1,300	10/24	1.18 mi	-	3	Semi-Detached House

Local Area Statistics

Population in OL16	37,24637,246
Population in Rochdale	128,851128,851
Town centre distance	1.87 miles away1.87 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.85 miles away0.85 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+15%+15%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+35%+35%

Property History

Price changed to £140,000

March 8, 2025

Listed for £150,000

February 5, 2025

Floor Plans

Description

Cowell Norford are pleased to introduce to the market a FANTASTIC OPPORTUNITY for FIRST TIME BUYERS to purchase a WELL PRESENTED THREE BEDROOM TERRACED in Balderstone, conveniently located for access to excellent local amenities, including shops, restaurants’, schools and commuter links via the M62 motorway network.

Internally the accommodation covers approximately just over 680sqft of living space, comprising of entrance hall, living room, modern fitted kitchen, THREE BEDROOMS with bedroom three currently utilised as a dressing room and a family bathroom suite.

Externally the property has a private decked seating area and low maintenance artificial turf garden. To the rear there is a private enclosed paved yard with small outbuilding.

EARLY VIEWINGS ARE RECOMMENDED - VACANT POSSESSION

Agent Details

Cowell & Norford, Rochdale

01706 396399

Next Steps?

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