2 Bed Terraced House, Cash/Bridging Only, Oldham, OL8 3QA, £130,000
212D Montgomery Street, Oldham, OL8 3QA - 19 days ago
Sold STC
Leasehold
Cash
ROI: 5%
~68 m²





+8 photos
ValuationOvervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £32,500 |
Stamp Duty & Legal Fees | £5,100 |
Refurb Costs | £28,709 |
Bridging Loan Interest | £3,413 |
Total Cash In | £71,472 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £126,468 |
Mortgage (After Refinance) | £94,851 |
Mortgage LTV | 75% |
Cash Left In | £71,472 |
Equity | £31,617 |
Rent Range | £750 - £1,100 |
Rent Estimate | £915 |
Running Costs/mo | £598 |
Cashflow/mo | £317 |
Cashflow/yr | £3,801 |
ROI | 5% |
Gross Yield | 8% |
Local Rents
40 rents from £750/mo to £1.1K/mo, average is £898/mo.
Local Area Statistics
Population in OL8 | 39,658 |
Population in Oldham | 182,174 |
Town centre distance | 2.73 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.35 miles away |
| |
Rental growth (12m) | +42% |
Sales demand | Balanced market |
Capital growth (5yrs) | +38% |
Property History
Listed for £130,000
February 26, 2025
Floor Plans
