3 Bed Terraced House, Single Let, Rochdale, OL12 6QA, £169,500

Molyneux Street, Spotland, Rochdale, OL12 6QA - 2 views - 2 months ago

Leasehold
BTL
ROI: 4%
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£39K - £325K
Sold Prices/m²£392/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£164,900

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,375

Stamp Duty & Legal Fees

£6,285

Total Cash In

£48,660

 

 

Cash Out

 

Rent Range

£850 - £1,225

Rent Estimate

£898

Running Costs/mo

£729

Cashflow/mo

£169

Cashflow/yr

£2,025

ROI

4%

Gross Yield

6%

Local Sold Prices

49 sold prices from £39K to £325K, average is £165K. £392/m² to £3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£150K12/200.12 mi276, Spotland Road, Rochdale, Greater Manchester OL12 7AG3
£138K10/200.2 mi21, Clement Royds Street, Rochdale, Greater Manchester OL12 6SG3
£133K12/220.24 mi18, Emma Street, Rochdale, Greater Manchester OL12 6QW3
£140K05/210.28 mi17, Geneva Terrace, Rochdale, Greater Manchester OL11 5BJ3
£158K06/210.28 mi5, Rooley Terrace, Rochdale, Greater Manchester OL12 7BN3
£127K01/210.29 mi22, Edenfield Road, Rochdale, Greater Manchester OL11 5AA3
£181K02/210.3 mi34, Edenfield Street, Rochdale, Greater Manchester OL12 7BP3
£130K09/230.3 mi24, Edenfield Street, Rochdale, Greater Manchester OL12 7BP3
£177K02/230.3 mi20, Oakfield Terrace, Rochdale, Greater Manchester OL11 5BG3
£235K12/220.31 mi11, Madeley Gardens, Rochdale, Greater Manchester OL12 7BZ3
£120K05/210.33 mi19, Willbutts Lane, Rochdale, Greater Manchester OL11 5BE3
£210K08/240.33 mi7, Churchill Street, Rochdale, Greater Manchester OL11 5AB3
£124K09/210.33 mi7, Churchill Street, Rochdale, Greater Manchester OL11 5AB3
£125K02/210.33 mi8, Churchill Street, Rochdale, Greater Manchester OL11 5AB3
£175K03/230.34 mi98, Sheriff Street, Rochdale, Greater Manchester OL12 6JY3
£185K06/240.34 mi18, Belvoir Street, Rochdale, Greater Manchester OL12 7ET3
£170K12/220.35 mi25, Marne Crescent, Rochdale, Greater Manchester OL11 5DN3
£142K03/210.35 mi18, Falkland Avenue, Rochdale, Greater Manchester OL11 5BH3
£39K04/240.35 mi33, Falkland Avenue, Rochdale, Greater Manchester OL11 5BH3
£155K11/200.36 mi44, Beaufort Street, Rochdale, Greater Manchester OL12 7EP3
£135K03/230.38 mi17, Woodstock Street, Rochdale, Greater Manchester OL12 7DG3
£185K07/230.39 mi115, Edenfield Road, Rochdale, Greater Manchester OL11 5AE3
£160K03/230.39 mi141, Edenfield Road, Rochdale, Greater Manchester OL11 5AE3
£125K03/210.39 mi7, Viking Street, Rochdale, Greater Manchester OL11 5AD3
£185K11/230.39 mi7, Viking Street, Rochdale, Greater Manchester OL11 5AD3
£125K02/210.4 mi4, Rupert Street, Rochdale, Greater Manchester OL12 7DH3
£170K12/230.4 mi150, Sandy Lane, Rochdale, Greater Manchester OL11 5DR3
£190K12/220.44 mi10, Further Pits, Rochdale, Greater Manchester OL11 5DF3
£325K04/230.45 mi2, Tenby Grove, Rochdale, Greater Manchester OL12 7EN3
£175K01/240.45 mi9, Bench Carr, Rochdale, Greater Manchester OL12 0QU3
£190K12/230.45 mi10, Bench Carr, Rochdale, Greater Manchester OL12 0QU3
£177K04/230.45 mi16, Bench Carr, Rochdale, Greater Manchester OL12 0QU3
£155K12/220.45 mi19, Verdun Crescent, Rochdale, Greater Manchester OL11 5DT3
£195K08/230.45 mi3, Further Pits, Rochdale, Greater Manchester OL11 5DF3
£141.5K04/230.45 mi86, Sandy Lane, Rochdale, Greater Manchester OL11 5DG3
£200K01/230.46 mi2, Denehurst Road, Rochdale, Greater Manchester OL11 5DU3
£192K03/240.47 mi9, Alicia Drive, Rochdale, Greater Manchester OL12 6JW3
£215K08/240.47 mi8, Alicia Drive, Rochdale, Greater Manchester OL12 6JW3
£165K05/240.47 mi9, Balfour Road, Rochdale, Greater Manchester OL12 7EH3
£175K01/230.47 mi76, Willbutts Lane, Rochdale, Greater Manchester OL11 5BA3
£165K12/200.48 mi72, Willbutts Lane, Rochdale, Greater Manchester OL11 5BA3
£225K01/210.48 mi70, Willbutts Lane, Rochdale, Greater Manchester OL11 5BA3
£75K03/210.48 mi360, Bury Road, Rochdale, Greater Manchester OL11 4EB3
£157K08/210.5 mi146, Churchill Street, Rochdale, Greater Manchester OL12 7DL3
£265K04/230.5 mi64, Ings Lane, Rochdale, Greater Manchester OL12 7AL3
£126K12/200.53 mi86, Heights Lane, Rochdale, Greater Manchester OL12 0QS3
£175K03/210.54 mi9, Woodfield Avenue, Rochdale, Greater Manchester OL12 6JN3
£289K10/220.54 mi58, Heights Avenue, Rochdale, Greater Manchester OL12 6JH3
£118.5K12/220.54 mi19, Briar Street, Rochdale, Greater Manchester OL11 4HD3

Local Rents

10 rents from £850/mo to £1.2K/mo, average is £985/mo.

RentDateDistanceAddressBeds 
£99506/240.32 mi-3
£87511/240.37 mi-3
£1,22504/250.37 mi-3
£95004/250.44 mi-3
£95012/240.45 miFurther Pits, Rochdale, Greater Manchester, OL113
£1,20012/240.45 mi-3
£1,20003/250.45 mi-3
£97506/240.54 miGreat Flatt, Rochdale3
£85010/230.55 mi-3
£1,20003/240.62 mi-3

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

0.93 miles away

Nearest school

0.10 miles away

Nearest train station

0.66 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £169,500

February 27, 2025

Floor Plans

Description

  • A WELL-PRESENTED MID-TERRACED HOME +
  • 3 GOOD-SIZED BEDROOMS +
  • USB SOCKETS IN LOUNGE AND KITCHEN/DINER +
  • BREAKFAST ISLAND IN KITCHEN +
  • COUNCIL TAX BAND A +
  • EXCELLENT COMMUTER LINKS +
  • WITHIN THE CATCHMENT AREA OF GOOD SCHOOLS +
  • DESIRABLE AREA OF SPOTLAND, ROCHDALE +
  • COUNTRYSIDE WALKS ON YOUR DOORSTEP +

THIS SPACIOUS AND WELL PRESENTED 3 BEDROOMED MID TERRACED HOUSE IS SITUATED IN THE POPULAR RESIDENTIAL AREA OF SPOTLAND, CONVENIENTLY POSITIONED FOR ACCESS TO ALL THE USUAL LOCAL AMENITIES INCLUDING ROCHDALE TOWN CENTRE AND THE MOTORWAY NETWORK. INTERNALLY THE PROPERTY BENEFITS FROM A SPACIOUS LOUNGE AND KITCHEN/DINER WITH USB SOCKETS, THREE BEDROOMS AND A BATHROOM. THIS PROPERTY IS IDEALLY SUITED FOR FIRST TIME BUYERS OR BUY TO LET LANDLORDS.

Internally the property comprises a lounge, kitchen/diner, with a range of wall and base units and complementary work surfaces, 1 1/2 stainless steel sink unit, 4 ring gas hob and integrated oven, overhead extractor fan, breakfast island, and access to the rear yard. There is also cellar access via a trapdoor in the kitchen. The cellar is perfect for additional storage and is a dry cellar.
At first floor level there is a welcoming landing area with newly carpeted stairs, 3 good-sized bedrooms, and a modern bathroom.

Externally to the front of the property is a courtyard area, and a flagged rear enclosed yard, with gated access to the rear alleyway.

GROUND FLOOR

Vestibule
Lounge - 4.5m x 4.5m
Kitchen/Diner - 4.0m x 3.4m

FIRST FLOOR

Landing
Master Bedroom - 4.3m x 2.5m
Bedroom Two - 3.5m x 2.6m
Bedroom Three - 4.3m x 1.8m
Family Bathroom - 1.8m x 1.6m

TENURE
We can confirm the property is Leasehold.

COUNCIL TAX BAND
We can confirm the property is in Council Tax Band A - payable to Rochdale Borough Council.

PLEASE NOTE
All measurements are approximate to the nearest 0.1m, and for guidance only and they should not be relied upon for the fitting of carpets or the placement of furniture.
No checks have been made on any fixtures and fittings or services where connected (water, electricity, gas, drainage, heating appliances or any other electrical or mechanical equipment in this property).

Agent Details

Coppenwall, Rossendale

01706 335888

Next Steps?

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