2 Bed Terraced House, Single Let, Mossley, OL5 9AY, £140,000

118 Manchester Road, Mossley, OL5 9AY - 1 views - 3 months ago

Auction
BTL
ROI: 5%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£105K - £315K
Sold Prices/m²£1.1K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£150,892
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£695 - £1,200

Rent Estimate

£796

Running Costs/mo

£617

Cashflow/mo

£179

Cashflow/yr

£2,152

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £105K to £315K, average is £145K. £1.1K/m² to £3.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£120K03/210.09 mi407, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9BG2
£165K12/220.12 mi10, Tame Valley Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HD2
£154K11/210.16 mi4, Hopkins Buildings, Mossley, Ashton-under-lyne, Greater Manchester OL5 9BE2
£251K03/230.18 mi30, Lower Hey Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DE2
£160K12/220.18 mi11, Roman Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RX2
£156.5K10/230.18 mi5, Roman Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RX2
£116K11/200.18 mi233, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RQ2
£200K01/220.19 mi12, Quick View, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DU2
£172K01/240.19 mi126, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£187K11/220.19 mi341, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£135K08/210.19 mi110, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£136K05/230.19 mi90, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£145K08/210.21 mi99, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SA2
£177.5K09/210.21 mi103, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SA2
£145K05/210.21 mi83, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SA2
£155K05/210.21 mi109, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SA2
£117K03/230.24 mi3, Higher Newtons, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AZ2
£240K12/200.26 mi4, Wharmton View, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DY2
£180K11/220.26 mi325, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY2
£198.5K02/210.26 mi6, Wharmton View, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DY2
£163K10/230.27 mi108, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£140K09/230.27 mi217, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£125K01/230.27 mi225, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£145K12/230.27 mi84, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£110K03/210.27 mi84, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£125K01/210.27 mi90, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£157K04/230.27 mi195, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£112.5K06/210.27 mi94, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£135K04/230.27 mi191, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£145K07/230.27 mi96, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RF2
£315K02/230.3 mi3, Dysarts Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 9DD2
£205.5K05/210.32 mi2, St Johns Gardens, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SS2
£135K01/210.34 mi163, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RD2
£170K06/210.34 mi72, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RD2
£145K10/230.34 mi76, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RD2
£120K04/210.34 mi147a, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RD2
£105K12/210.34 mi11, Claybank Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 9BW2
£144K04/210.35 mi76, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE2
£195K02/240.35 mi37, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE2
£169.5K11/210.35 mi14, Shadows Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 9BS2
£166.3K04/210.37 mi19, Milton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SW2
£142.5K12/200.37 mi3, Milton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SW2
£135K10/200.39 mi315, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AT2
£177K06/230.39 mi315, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AT2
£240K12/220.41 mi12, Woodbank Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SP2
£126K04/210.46 mi101, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£130.1K06/210.46 mi137, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£164.4K07/230.46 mi143, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£132K03/210.46 mi87, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2
£105K01/210.46 mi109, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RB2

Local Rents

20 rents from £695/mo to £1.2K/mo, average is £848/mo.

RentDateDistanceAddressBeds 
£82503/240.13 miTame Valley Close,Mossley,OL52
£1,20001/250.17 mi-2
£80008/240.18 miSaxon Street, Mossley2
£79508/240.2 miSpring Mill Drive,2
£95004/250.2 mi-2
£1,20008/240.28 miWharmton View, Mossley2
£95011/240.28 mi-2
£90011/240.28 mi-2
£89011/240.28 mi-2
£89501/250.28 mi-2
£85006/240.29 miWaters Reach, Mossley, OL52
£95004/250.32 mi-2
£84502/240.34 mi-2
£84502/240.34 mi-2
£82506/240.36 mi-2
£82508/230.4 mi-2
£69507/240.51 mi-2
£80006/240.53 miBorder Mill Fold, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£92507/240.59 miStockport Road, Mossley, OL52
£79507/240.62 miBirbeck Street, OL52

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.69 miles away

Nearest school

0.40 miles away

Nearest train station

0.82 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £140,000

February 7, 2025

Description

  • Prime Property Auctions is excited to present this Desirable Investment Opportunity! This VACANT 2 bed flat is located within an easy lettable area located in Mossley +

  • 341, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY sold for £187,000, 325, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY sold for £180,000** +

  • For rental purposes, property could achieve 850 p/m - 950 p/m, £10,200 p/a - £11400 p/a which would provide an exceptional gross yield based on a guide price. HIGH YIELD POTENTIAL +

  • Excellent Investment Opportunity. Sure to appeal to shrewd investors looking for a turnkey investment in a sought after location with excellent capital growth potential +

  • Property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby. +

  • Prime Property Auctions is excited to present this Desirable Investment Opportunity! This VACANT 2  bed flat is located within an easy lettable area located in Mossley 

 

  • 341, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY sold for £187,000, 325, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY sold for £180,000**

 

  • For rental purposes, property could achieve 850 p/m - 950 p/m, £10,200 p/a - £11400 p/a which would provide an exceptional gross yield based on a guide price. *HIGH YIELD POTENTIAL*

 

  • Excellent Investment Opportunity. Sure to appeal to shrewd investors looking for a turnkey investment in a sought after location with excellent capital growth potential

 

  • Property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby.

 

Prime Property Auctions is excited to present this Desirable Investment Opportunity! This VACANT 2  bed flat is located within an easy lettable area located in Mossley 

 

Property Comprises:

 

Entrance hall, living room, kitchen, 2 bedrooms, bathroom and ample storage throughout

 

Sales Evidence: 

 

341, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY sold for £187,000, 325, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY sold for £180,000**

 

For rental purposes, property could achieve 850 p/m - 950 p/m, £10,200 p/a - £11400 p/a which would provide an exceptional gross yield based on a guide price.

 

 *HIGH YIELD POTENTIAL*

 

Excellent Investment Opportunity. Sure to appeal to shrewd investors looking for a turnkey investment in a sought after location with excellent capital growth potential

 

Property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby.

 

This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Offer Now” button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale. 

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location:

 

Mossley, a picturesque town in Greater Manchester, sits on the edge of the Pennines, offering a perfect mix of countryside charm and modern convenience. With its rich industrial heritage, the town features a blend of historic mills, traditional stone cottages, and contemporary homes. The friendly community enjoys a variety of independent shops, cozy cafes, and welcoming pubs, creating a warm and inviting atmosphere. Surrounded by rolling hills and scenic walking trails, Mossley is a haven for outdoor enthusiasts, providing stunning views and excellent hiking opportunities. With great transport links to Manchester and nearby towns, Mossley offers a peaceful retreat with easy access to urban amenities.

Agent Details

Prime Property Auctions (Scotland) Ltd, Glasgow

0141 465 5880

Next Steps?

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