2 Bed Terraced House, Refurb/BRRR, Rochdale, OL12 0DZ, £100,000

Rugby Road, Foxholes, Rochdale, OL12 0DZ - 4 views - a month ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 9%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£40K - £166K
Sold Prices/m²£404/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£86,275

 

 

End Value (After Refurb)

£92,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£28,709

Bridging Loan Interest

£2,625

Total Cash In

£62,284

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£92,500

Mortgage (After Refinance)

£69,375

Mortgage LTV

75%

Cash Left In

£62,284

Equity

£23,125

Rent Range

£595 - £1,430

Rent Estimate

£958

Running Costs/mo

£501

Cashflow/mo

£457

Cashflow/yr

£5,488

ROI

9%

Gross Yield

11%

Local Sold Prices

49 sold prices from £40K to £166K, average is £104K. £404/m² to £2.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£117.5K11/220 mi98, Rugby Road, Rochdale, Greater Manchester OL12 0DZ2
£96K11/210 mi120, Rugby Road, Rochdale, Greater Manchester OL12 0DZ2
£103K02/230.03 mi106, Rugby Road, Rochdale, Greater Manchester OL12 0DZ2
£116.5K03/230.17 mi34, Elliott Street, Rochdale, Greater Manchester OL12 0HF2
£70K05/230.2 mi10, Rossall Road, Rochdale, Greater Manchester OL12 0EG2
£150K07/230.2 mi29, Rossall Road, Rochdale, Greater Manchester OL12 0EG2
£165K07/230.2 mi37, Rossall Road, Rochdale, Greater Manchester OL12 0EG2
£115K07/210.21 mi84, Ada Street, Rochdale, Greater Manchester OL12 0EQ2
£104K02/240.21 mi92, Ada Street, Rochdale, Greater Manchester OL12 0EQ2
£104K02/240.21 mi92, Ada Street, Rochdale, Greater Manchester OL12 0EQ2
£124K10/200.24 mi120, Park Road, Rochdale, Greater Manchester OL12 9BP2
£130K08/210.24 mi103, Park Road, Rochdale, Greater Manchester OL12 9BP2
£150K05/230.25 mi92, Greenbank Road, Rochdale, Greater Manchester OL12 0EN2
£100K12/200.25 mi95, Maud Street, Rochdale, Greater Manchester OL12 0EL2
£118K12/210.25 mi95, Maud Street, Rochdale, Greater Manchester OL12 0EL2
£140K01/230.26 mi10, East Street, Rochdale, Greater Manchester OL16 2EG2
£90K03/230.27 mi17, Oswald Street, Rochdale, Greater Manchester OL16 2LA2
£78K03/210.27 mi13, Blanche Street, Rochdale, Greater Manchester OL12 0EJ2
£113K07/240.27 mi19, Blanche Street, Rochdale, Greater Manchester OL12 0EJ2
£110K12/200.28 mi39, Morley Street, Rochdale, Greater Manchester OL16 2LG2
£95K08/230.28 mi11, Morley Street, Rochdale, Greater Manchester OL16 2LG2
£86K06/210.32 mi52, Grouse Street, Rochdale, Greater Manchester OL12 0RG2
£40K02/210.32 mi71, Grouse Street, Rochdale, Greater Manchester OL12 0RG2
£105K10/210.32 mi100, Grouse Street, Rochdale, Greater Manchester OL12 0RG2
£80K04/230.33 mi37, Selby Street, Rochdale, Greater Manchester OL16 2LF2
£86K12/200.34 mi11, Medley Street, Rochdale, Greater Manchester OL12 0RQ2
£79K01/210.34 mi93, Duke Street, Rochdale, Greater Manchester OL12 0RJ2
£83.9K08/210.34 mi102, Duke Street, Rochdale, Greater Manchester OL12 0RJ2
£105K12/220.35 mi85, Ramsay Street, Rochdale, Greater Manchester OL16 2EZ2
£166K01/240.37 mi34, Syke Road, Rochdale, Greater Manchester OL12 9TB2
£105K12/220.38 mi28, Leyton Street, Rochdale, Greater Manchester OL12 0AW2
£81K03/210.39 mi1, Sawyer Street, Rochdale, Greater Manchester OL12 0QH2
£81.5K11/210.39 mi16, Dewhirst Road, Rochdale, Greater Manchester OL12 0AG2
£105.5K08/240.39 mi12, Reform Street, Rochdale, Greater Manchester OL12 0NE2
£100K01/230.41 mi16, Warwick Street, Rochdale, Greater Manchester OL12 9SW2
£75K02/240.41 mi24, Warwick Street, Rochdale, Greater Manchester OL12 9SW2
£125K12/230.41 mi196, Entwisle Road, Rochdale, Greater Manchester OL16 2JY2
£75K01/210.42 mi20, Turner Street, Rochdale, Greater Manchester OL12 0QL2
£110K01/240.43 mi103, Redcross Street, Rochdale, Greater Manchester OL12 0PR2
£90K01/210.44 mi7, Canon Street, Rochdale, Greater Manchester OL16 2TA2
£128K07/240.44 mi9, Leamington Street, Rochdale, Greater Manchester OL12 0PT2
£70K04/210.45 mi65, Trafalgar Street, Rochdale, Greater Manchester OL16 2JL2
£130.1K05/240.45 mi59, Hey Street, Rochdale, Greater Manchester OL16 2JS2
£68K10/210.45 mi34, Canon Street, Rochdale, Greater Manchester OL16 2TF2
£85K06/210.46 mi8, Bishop Street, Rochdale, Greater Manchester OL16 2TE2
£130K06/240.46 mi20, Bishop Street, Rochdale, Greater Manchester OL16 2TE2
£115K06/210.49 mi6, Glen Gardens, Rochdale, Greater Manchester OL12 0BU2
£108K11/210.49 mi19, Glen Gardens, Rochdale, Greater Manchester OL12 0BU2
£65K04/230.5 mi291, Whitworth Road, Rochdale, Greater Manchester OL12 6ER2

Local Rents

38 rents from £595/mo to £1.4K/mo, average is £873/mo.

RentDateDistanceAddressBeds 
£79506/240 miRugby Road, Rochdale, Greater Manchester, OL122
£67506/240.02 mi-2
£59512/240.18 mi-2
£90007/230.29 mi-2
£72506/240.36 miJohn Street, Rochdale, OL162
£77501/250.36 mi-2
£90003/250.37 mi-2
£79506/240.38 mi-2
£85012/240.38 mi-2
£1,38012/240.4 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,35506/240.4 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,35512/240.4 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,43012/240.4 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,33012/240.4 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,41512/240.4 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£1,40512/240.4 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£89512/240.4 miDewhirst Road, Rochdale, OL122
£90012/240.4 mi-2
£69006/240.4 mi45 Howard Street, Rochdale OL12 0PP 2
£77512/240.41 mi-2
£1,30006/240.43 miDUO at Upperbanks, New Baillie Street, Rochdale, Greater Manchester, OL162
£1,42006/240.43 miDUO at Upperbanks, New Baillie Street, Rochdale, Greater Manchester, OL162
£1,30012/240.43 miNew Baillie Street, Rochdale, Greater Manchester, OL162
£85012/240.43 mi-2
£85009/240.43 mi-2
£90004/250.43 mi-2
£90011/240.43 mi-2
£79508/230.46 mi-2
£82510/240.47 mi-2
£76004/250.48 mi-2
£92512/240.48 miBrook End, Rochdale2
£65006/230.48 mi-2
£65009/230.48 mi-2
£75012/240.48 mi-2
£82506/240.49 miAshmount Drive, Shawclough, OL12 6HP2
£92512/240.51 miBrookside Grange, Rochdale, OL162
£99512/240.57 mi-2
£79504/240.57 mi-2

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

0.11 miles away

Nearest school

0.10 miles away

Nearest train station

0.54 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £100,000

February 25, 2025

Floor Plans

Description

  • Charming Mid Terraced House +
  • Two Good Sized Bedrooms +
  • Modernisation Required +
  • Spacious Lounge +
  • Kitchen Diner +
  • Family Bathroom +
  • Front and Rear Yards +
  • EPC: D +
  • Council Tax: Band A +
  • Leasehold: 883 Years Remaining +

CHAIN FREE! A charming, garden fronted, mid terraced house, in need of some modernisation, including two good sized bedrooms, lounge, kitchen, family bathroom and a pleasant rear yard. Located in Foxholes, the property is ideally positioned and will appeal to both first time buyers and investors alike. Viewing highly recommended. EPC: D

Ryder & Dutton are pleased to bring to the market this charming mid terraced house free from chain. In need of some modernisation, the property offers a fantastic opportunity and will appeal to both first time buyers and investors alike.

Internal inspection will reveal a spacious lounge, then through to the kitchen diner. To the first floor is the landing, there is once large double bedroom, one good sized single bedroom and then the family bathroom.

Externally the property is garden fronted and includes a rear yard with an outbuilding.

Located in Foxholes, the property is ideally situated with easy access to Rochdale Town Centre, highly regarded local schools, shops and other amenities.

Viewing comes highly recommended.

EPC: D

Agent Details

Ryder & Dutton, Rochdale

01706 335894

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪