2 Bed Bungalow, Cash/Bridging Only, Mossley, OL5 9LQ, £259,950

Richmond Crescent, Mossley, OL5 9LQ - 1 views - 2 months ago

Cash
~68 m²
+1 photos

ValuationOvervalued

Sold Prices£57.6K - £315K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.8K/m²

Value Estimate

£152,578

 

 

End Value (After Refurb)

£232,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£64,988

Stamp Duty & Legal Fees

£14,695

Refurb Costs

£28,800

Bridging Loan Interest

£6,824

Total Cash In

£117,056

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£232,000

Mortgage (After Refinance)

£174,000

Mortgage LTV

75%

Cash Left In

£117,056

Equity

£58,000

Rent Range

£550 - £1,245

Rent Estimate

£807

Running Costs/mo

£906

Cashflow/mo

£-99

Cashflow/yr

£-1,193

Gross Yield

4%

Local Sold Prices

50 sold prices from £57.6K to £315K, average is £154.3K. £1.2K/m² to £3.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£210K06/220.06 mi10, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ2
£272.5K09/220.1 mi99, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PL2
£150K09/230.13 mi11, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ2
£129K12/200.13 mi14, Tabley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PD2
£160K05/230.13 mi10, Tabley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PD2
£160K02/230.15 mi10, Derby Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NU2
£175K05/230.15 mi24, Denbigh Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PB2
£80K07/210.16 mi35, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£144K12/200.16 mi21, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£151.5K07/210.16 mi49, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£140K01/210.16 mi47, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£147K01/240.17 mi28, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£178.8K07/230.17 mi26, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA2
£176K02/230.17 mi32, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£112K05/210.19 mi59, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£140K03/210.19 mi49, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£140K02/210.19 mi37, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£142K06/210.22 mi11, Andrews Buildings, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JH2
£57.6K02/230.22 mi33, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£240K07/220.23 mi37, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£170K11/200.23 mi8, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£232K12/220.24 mi26, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£156.5K04/240.25 mi51, Cheshire Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NW2
£235K11/220.26 mi8, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£160K03/210.27 mi32, King Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HX2
£145K06/210.27 mi26, King Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HX2
£225K10/220.3 mi11, Marle Rise, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LJ2
£175K12/230.32 mi5, Audley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NQ2
£144K01/210.33 mi5, Audley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NQ2
£127K06/220.38 mi62, Winterford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EQ2
£165K07/230.42 mi16, The Uplands, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EZ2
£125K08/230.42 mi53, Egmont Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NB2
£142K03/240.42 mi27, Egmont Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NB2
£146K05/210.43 mi2, Stanhope Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LX2
£152K08/230.43 mi16, Stanhope Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LX2
£127.5K11/200.44 mi1, Bury Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9ND2
£148.5K02/210.44 mi72, Bury Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HN2
£167.5K05/210.45 mi121, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AA2
£175K02/230.45 mi71, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2
£202K03/230.45 mi101, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LU2
£145K02/240.45 mi55, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2
£182K02/240.45 mi67, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2
£90K04/210.46 mi51, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2
£165K08/230.47 mi71, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EB2
£130K04/210.47 mi55, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EB2
£180K05/210.5 mi3a, Moorgate Road, Carrbrook, Stalybridge, Greater Manchester SK15 3NF2
£145K02/210.5 mi34, Highfield Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DW2
£315K03/240.53 mi8, The Manse, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DP2
£178K07/210.55 mi23, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DN2
£160K02/210.55 mi67, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DL2

Local Rents

20 rents from £550/mo to £1.2K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£75006/240.13 mi-2
£82511/230.16 mi-2
£72512/230.16 mi-2
£79510/240.16 mi-2
£75006/240.16 mi-2
£85004/250.16 mi-2
£75006/240.17 mi-2
£55010/240.18 mi-2
£79512/230.31 mi-2
£79512/230.31 mi-2
£85008/240.42 miWaggon Road, Mossley, Ashton-Under-Lyne, OL52
£79502/240.42 mi-2
£85006/240.42 miWaggon Road, Ashton-under-lyne, OL52
£69507/240.43 mi-2
£80011/230.43 mi-2
£82501/250.43 mi-2
£80006/240.53 miBorder Mill Fold, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£79503/240.58 miPark Street, OL52
£1,24503/240.59 miStamford Road, OL52
£85008/240.6 miCarter Street, Mossley, Ashton-under-Lyne, Greater Manchester, OL52

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.52 miles away

Nearest school

0.20 miles away

Nearest train station

0.55 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £259,950

February 27, 2025

Floor Plans

Description

  • Stunning Views +
  • Two Bedrooms +
  • Two Reception Rooms +
  • Cul-De-Sac +
  • Driveway +
  • Viewing Essential! +

Situated in a peaceful cul-de-sac in the highly desirable Mossley area, this two-bedroom semi-detached bungalow offers an opportunity to enjoy a tranquil setting with the convenience of local amenities and excellent transport links nearby. Boasting stunning countryside views to the rear, this home is perfect for those seeking a balance between modern living and scenic surroundings.

Stepping inside, the welcoming hallway leads to a spacious lounge that seamlessly flows into a contemporary open-plan kitchen, creating a sociable and functional living space. The dining area, also open-plan, features French doors that lead out onto a charming balcony—an ideal spot to enjoy morning coffee or unwind while admiring the breathtaking countryside views.

The bungalow offers two well-proportioned bedrooms, both designed to provide comfort and relaxation, along with a stylish bathroom. The layout is thoughtfully designed to maximise space enhancing the home's warm and inviting atmosphere.

Externally, the property benefits from a block-paved driveway, providing ample off-road parking, and a lawned garden to the front. The enclosed rear garden is generous in size and perfect for outdoor entertaining or simply enjoying the peaceful surroundings.

With its stunning views and excellent location this delightful bungalow is a fantastic opportunity for buyers looking for a home that offers both charm and convenience. Viewing Highly Recommended.

Ground Floor -

Hall - Door to side, double glazed window to side, doors leading to:

Lounge - 5.13m x 3.20m (16'10" x 10'6") - Double glazed bow window to front, feature fireplace with inset living flame effect fire, radiator, open plan to:

Kitchen - 3.28m x 2.76m (10'9" x 9'1") - Fitted with a matching range of base and eye level units with worktop space over, inset sink and drainer with mixer tap, tiled splashbacks, plumbing for washing machine, space for fridge/freezer, built-in oven, built-in hob with extractor hood over, open plan to:

Dining Room - 4.01m x 2.37m (13'2" x 7'9") - Double glazed window to side, radiator, door to side, double glazed French doors leading out to rear garden.

Bedroom 1 - 3.43m x 3.36m (11'3" x 11'0") - Double glazed window to front, radiator.

Bedroom 2 - 3.28m x 2.08m (10'9" x 6'10") - Window to rear, radiator.

Bathroom - 2.94m x 1.70m (9'8" x 5'7") - Three piece suite comprising panelled bath with shower over, pedestal wash hand basin and low-level WC, tiled walls, double glazed window to side.

Outside - Lawned garden to the front with block paved driveway providing off road parking. Enclosed garden to the rear with stunning countryside views.

Disclaimer - Home Estate Agents believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof. The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/her self of all measurements prior to purchase.

Before we can accept an offer for any property we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property we will require proof of funds. You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.

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Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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