3 Bed Semi-Detached House, Refurb/BRRR, Rochdale, OL12 9QN, £165,000

311 Birch Road, Wardle, Rochdale, OL12 9QN - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+13 photos

ValuationFair Value

Sold Prices£80K - £315K
Sold Prices/m²£920/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£165,000

 

 

End Value (After Refurb)

£198,308

Uplift in Value

+20%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Refurb Costs

£39,200

Bridging Loan Interest

£4,331

Total Cash In

£92,681

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£198,308

Mortgage (After Refinance)

£148,731

Mortgage LTV

75%

Cash Released

£24,981

Cash Left In

£67,700

Equity

£49,577

Rent Range

£550 - £1,795

Rent Estimate

£868

Running Costs/mo

£813

Cashflow/mo

£55

Cashflow/yr

£656

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £315K, average is £165.3K. £920/m² to £3.7K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£167.5K12/220.04 mi13, Birch View, Rochdale, Greater Manchester OL12 9PZ3
£305K10/230.04 mi98, Birch Road, Rochdale, Greater Manchester OL12 9QN3
£135K08/210.05 mi73, Birch Road, Rochdale, Greater Manchester OL12 9QN3
£135K03/230.08 mi50, Green Meadow, Rochdale, Greater Manchester OL12 9TL3
£145K09/230.12 mi48, Birch Road, Rochdale, Greater Manchester OL12 9QJ3
£156K03/210.12 mi41, Birch Road, Rochdale, Greater Manchester OL12 9QJ3
£160K10/230.12 mi66, Birch Road, Rochdale, Greater Manchester OL12 9QJ3
£255K07/230.12 mi21, Charnley Fold, Rochdale, Greater Manchester OL12 9DX3
£185K11/220.13 mi35, Birch Road, Rochdale, Greater Manchester OL12 9QJ3
£210K10/210.17 mi2, Mayflower Gardens, Wardle, Rochdale, Greater Manchester OL12 9DF3
£232K10/230.17 mi17, Thimble Close, Rochdale, Greater Manchester OL12 9QP3
£153K10/210.17 mi61, Thimble Close, Rochdale, Greater Manchester OL12 9QP3
£177K04/230.17 mi43, Thimble Close, Rochdale, Greater Manchester OL12 9QP3
£205K08/240.17 mi18, Thimble Close, Rochdale, Greater Manchester OL12 9QP3
£206K09/230.17 mi5, Thimble Close, Rochdale, Greater Manchester OL12 9QP3
£194K09/230.17 mi55, Thimble Close, Rochdale, Greater Manchester OL12 9QP3
£98K07/210.17 mi4, Steps Meadow, Rochdale, Greater Manchester OL12 9UP3
£201.8K12/220.19 mi36, Birch Road, Rochdale, Greater Manchester OL12 9QQ3
£205K08/210.21 mi4, Edward Street, Wardle, Rochdale, Greater Manchester OL12 9NR3
£155K05/240.21 mi34, Birch Road, Rochdale, Greater Manchester OL12 9QQ3
£227.5K03/210.23 mi19, Bateman Avenue, Rochdale, Greater Manchester OL12 9ST3
£154K01/240.26 mi661, Halifax Road, Rochdale, Greater Manchester OL12 9QZ3
£155K05/240.26 mi659, Halifax Road, Rochdale, Greater Manchester OL12 9QZ3
£199.9K11/200.27 mi769, Halifax Road, Rochdale, Greater Manchester OL12 9QD3
£100K03/210.28 mi50, Oakcliffe Road, Rochdale, Greater Manchester OL12 9AL3
£100K03/210.28 mi50, Oakcliffe Road, Rochdale, Greater Manchester OL12 9AL3
£127K03/210.28 mi34, Oakcliffe Road, Rochdale, Greater Manchester OL12 9AL3
£165K07/240.28 mi26, Oakcliffe Road, Rochdale, Greater Manchester OL12 9AL3
£210K11/210.29 mi611, Halifax Road, Rochdale, Greater Manchester OL12 9PY3
£160K01/230.3 mi16, Greengate Close, Rochdale, Greater Manchester OL12 9PX3
£133.5K11/200.3 mi3, William Street, Hurstead, Rochdale, Greater Manchester OL16 2SF3
£100K04/210.3 mi6, William Street, Hurstead, Rochdale, Greater Manchester OL16 2SF3
£193K07/230.31 mi64, Ashbrook Hey Lane, Rochdale, Greater Manchester OL12 9AQ3
£161.5K04/210.32 mi728, Halifax Road, Rochdale, Greater Manchester OL16 2SQ3
£270K09/220.32 mi3a, Stott Street, Hurstead, Rochdale, Greater Manchester OL16 2SB3
£165.5K09/210.35 mi17, Ashbrook Crescent, Rochdale, Greater Manchester OL12 9AJ3
£135K11/230.35 mi7, Ashbrook Crescent, Rochdale, Greater Manchester OL12 9AJ3
£80K05/210.35 mi23, Ashbrook Crescent, Rochdale, Greater Manchester OL12 9AJ3
£115K06/210.35 mi40, Ashbrook Crescent, Rochdale, Greater Manchester OL12 9AJ3
£280K02/230.37 mi69, Old Road, Rochdale, Greater Manchester OL16 2SJ3
£122.7K02/230.38 mi35, George Street, Hurstead, Rochdale, Greater Manchester OL16 2RR3
£210K03/210.38 mi5, Wuerdle Place, Rochdale, Greater Manchester OL16 2SS3
£180K02/230.38 mi4, Wuerdle Place, Rochdale, Greater Manchester OL16 2SS3
£265K04/210.39 mi1, Greencroft Way, Smallbridge, Rochdale, Greater Manchester OL16 2QY3
£192.8K06/240.4 mi394, Birch Road, Wardle, Rochdale, Greater Manchester OL12 9LX3
£315K08/210.4 miHowarth Knowl House, Wardle Road, Rochdale, Greater Manchester OL12 9JD3
£161.5K08/230.42 mi89, New Road, Littleborough, Greater Manchester OL15 8PL3
£220K06/230.42 mi16, Westmorland Drive, Wardle, Rochdale, Greater Manchester OL12 9LN3
£138.5K03/230.42 mi113, Wardle Road, Rochdale, Greater Manchester OL12 9ER3
£135K01/210.42 mi121, Wardle Road, Rochdale, Greater Manchester OL12 9ER3

Local Rents

50 rents from £550/mo to £1.8K/mo, average is £798/mo.

RentDateDistanceAddressBeds 
£72005/240.03 mi-2
£85012/230.25 mi-2
£55006/240.36 miNew Road, Dearnley1
£1,15009/240.38 mi-3
£70010/240.4 mi-2
£80003/250.4 mi-2
£59506/240.42 miNew Road Dearnley.2
£62506/240.47 mi-2
£1,49512/240.5 miTarnside Close, Rochdale, OL164
£1,60010/240.5 mi-4
£1,60011/240.52 mi-4
£1,60003/250.52 mi-4
£79506/240.54 mi17 Oliver Close, Littleborough OL15 8NH 2
£1,20004/250.56 mi-4
£79506/240.56 miFern Street, Wardle, Rochdale, OL122
£65004/250.58 mi-1
£1,03510/240.59 mi-3
£72512/240.65 miWindham Street, Rochdale, Greater Manchester, OL162
£73010/240.66 mi-2
£1,05012/230.69 mi-3
£85006/240.69 miExcelsior Terrace, Littleborough, OL152
£70006/240.69 miExcelsior Terrace, Littleborough, OL151
£70006/240.69 miExcelsior Terrace, Littleborough, OL151
£65006/240.71 miSmithy Bridge Road, Littleborough, OL151
£65006/240.71 miSmithy Bridge Road, Littleborough, OL151
£70007/230.72 mi-2
£79511/240.72 mi-2
£1,15004/250.74 mi-3
£65001/250.76 mi-1
£65001/250.76 mi-1
£1,79506/240.81 miStubley Mill Road Littleborough. 4
£1,19512/240.86 miAbbey Drive, Littleborough3
£1,00001/250.87 mi-3
£82506/240.94 miSmithy Bridge Road, Littleborough, Greater Manchester, OL151
£65012/240.94 mi-1
£82512/241.02 mi-2
£87512/241.04 miHartley Street, Littleborough, OL15 8JQ3
£77511/241.07 mi-2
£92512/241.08 miBrookside Grange, Rochdale, OL162
£90003/251.1 mi-2
£79506/241.15 miLake Bank, Littleborough, OL151
£1,20001/251.15 mi-2
£85011/241.16 mi-2
£85006/241.16 miBrookside Grange, Rochdale, OL161
£92512/241.16 miBrook End, Rochdale2
£72506/241.19 miGreenwood Street, Littleborough, Rochdale, OL152
£85006/241.19 miCalderbrook Road, Calderbrook, Littleborough, OL153
£65006/241.21 mi-1
£55006/241.21 mi-1
£79506/241.21 mi-2

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

1.38 miles away

Nearest school

0.10 miles away

Nearest train station

0.72 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £165,000

February 27, 2025

Floor Plans

Description

  • THREE BEDROOM SEMI DETACHED +
  • GENEROUS SIZE REAR GARDEN +
  • POPULAR RESIDENTIAL LOCATION +
  • IN NEED OF SOME MODRENISING +
  • CLOSE TO LOCAL HIGH SCHOOL +
  • SOLD WITH NO ONWARD CHIAN +
  • EPC RATING D +
  • COUNCIL TAX BAND A +
  • FREEHOLD +

Located in a sought after residential area of Wardle, close to the local secondary school, Hunters Estate Agents are pleased to offer to the market this three bedroom semi detached home. Requiring some modernisation throughout, which is reflected in the asking price, the property offers great potential with a generous sized rear garden. Internally the accommodation briefly comprises of a welcoming lounge, kitchen, three bedrooms and a family bathroom suite. Externally there are gardens to both front and rear with on street parking. Being sold with no onward chain. Call now to arrange a viewing to appreciate the potential this home is offering.

Lounge - 3.83 x 5.31 max (12'6" x 17'5" max) - Welcoming, light and airy living room with laminate flooring and a gas fire set to the chimney breast with the back-boiler located behind. A window to the front aspect and stairs that lead to the first floor.

Dining Kitchen - 3.21 x 5.31 (10'6" x 17'5") - A range of base and wall units with a built-in oven and further space for white goods. Window and rear external door out to the rear garden.

Landing - Window to the side aspect, letting in plenty of natural light. Useful storage cupboards and doors to the first floor accommodation.

Bedroom 1 - 3.83 x 2.93 (12'6" x 9'7") - Double bedroom with laminate flooring and a window to the front aspect.

Bedroom 2 - 2.54 x 2.93 (8'3" x 9'7") - Second double bedroom that over looks the rear garden, ideal for a child's bedroom.

Bedroom 3 - 2.87 x 2.27 (9'4" x 7'5") - Single bedroom with a front aspect window, ideal as a child's room or would make a useful home office.

Bathroom - 1.70 x 2.27 (5'6" x 7'5") - Three piece suite comprising low level WC, pedestal wash hand basin and bath with a shower over. A window to the rear aspect.

External - The property offers an excellent sized rear garden, perfect for a growing family to enjoy. The front garden is enclosed with a gate and paved path leading to the front door.

Material Information - Littleborough - Tenure Type; FREEHOLD
Council Tax Banding; ROCHDALE COUNCIL BAND A

Agent Details

Hunters, Littleborough and Surrounding Areas

01706 335856

Next Steps?

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