3 Bed Terraced House, Single Let, Rochdale, OL16 2SY, £140,000

CLARKE STREET, Hamer, Rochdale OL16 2SY - 6 views - 2 months ago

BTL
ROI: 7%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£40K - £275K
Sold Prices/m²£488/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£165,143
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£850 - £1,250

Rent Estimate

£856

Running Costs/mo

£629

Cashflow/mo

£227

Cashflow/yr

£2,728

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £40K to £275K, average is £157K. £488/m² to £3.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£86K11/200 mi53, Clarke Street, Rochdale, Greater Manchester OL16 2SY3
£155K05/240.04 mi166, Halifax Road, Rochdale, Greater Manchester OL16 2NJ3
£40K10/210.04 mi23, Dover Street, Rochdale, Greater Manchester OL16 2SZ3
£95K02/210.04 mi9, Dover Street, Rochdale, Greater Manchester OL16 2SZ3
£160K03/210.09 mi18, Red Lane, Rochdale, Greater Manchester OL12 9DB3
£100K11/200.2 mi21, Prescott Street, Rochdale, Greater Manchester OL16 2PE3
£142.5K11/230.22 mi22, Armstrong Hurst Close, Rochdale, Greater Manchester OL12 9XB3
£108K10/210.34 mi86, Lorne Street, Rochdale, Greater Manchester OL12 9RS3
£105K08/210.35 mi24, Buckley Lane, Rochdale, Greater Manchester OL12 9ED3
£155K01/230.36 mi23, Rossall Road, Rochdale, Greater Manchester OL12 0EG3
£170K07/230.36 mi9, Spring Mill Walk, Rochdale, Greater Manchester OL16 2PF3
£108K04/240.36 mi80, Louise Street, Rochdale, Greater Manchester OL12 9RT3
£165K02/210.37 mi13, Rossall Road, Rochdale, Greater Manchester OL12 0EG3
£80K02/210.37 mi115, Buckley View, Rochdale, Greater Manchester OL12 9DZ3
£175K12/220.39 mi89, Greenbank Road, Rochdale, Greater Manchester OL12 0EN3
£185K04/230.42 mi110, Clover Hall Crescent, Rochdale, Greater Manchester OL16 2TP3
£176.7K06/230.42 mi87, Clover Hall Crescent, Rochdale, Greater Manchester OL16 2TP3
£90K05/210.43 mi41, Buckley View, Rochdale, Greater Manchester OL12 9EA3
£88K07/210.43 mi1, Buckley View, Rochdale, Greater Manchester OL12 9EA3
£125K06/240.44 mi23, Louise Gardens, Rochdale, Greater Manchester OL12 9RY3
£113K05/230.47 mi241, Entwisle Road, Rochdale, Greater Manchester OL16 2LJ3
£185K12/220.47 mi61, Syke Road, Rochdale, Greater Manchester OL12 9TD3
£117K02/230.47 mi15, Buckley View, Rochdale, Greater Manchester OL12 9EA3
£185K05/240.49 mi1, Wardle Gardens, Rochdale, Greater Manchester OL12 9EP3
£165K07/230.5 mi34, Croxton Avenue, Rochdale, Greater Manchester OL16 2XX3
£159K02/210.51 mi60, Syke Road, Rochdale, Greater Manchester OL12 9TD3
£185K07/230.51 mi60, Syke Road, Rochdale, Greater Manchester OL12 9TD3
£194K11/210.55 mi38, Dewhirst Road, Rochdale, Greater Manchester OL12 0AR3
£225K12/200.55 mi13, Greengrove Bank, Rochdale, Greater Manchester OL16 2QL3
£210K08/230.59 mi22, Samson Street, Rochdale, Greater Manchester OL16 2XW3
£160K12/220.6 mi420, Halifax Road, Rochdale, Greater Manchester OL16 2RQ3
£250K05/210.61 mi11, Carrington Close, Rochdale, Greater Manchester OL16 2QE3
£70K07/230.61 mi97, Bellshill Crescent, Rochdale, Greater Manchester OL16 2TU3
£155K08/230.61 mi127, Bellshill Crescent, Rochdale, Greater Manchester OL16 2TU3
£275K06/230.62 mi145, Syke Road, Rochdale, Greater Manchester OL12 9TE3
£105.5K08/230.63 mi138, Whitworth Road, Rochdale, Greater Manchester OL12 0JG3
£138K07/240.65 mi62, Great Howarth, Rochdale, Greater Manchester OL12 9HE3
£244.5K03/210.66 mi23, Tarnside Close, Rochdale, Greater Manchester OL16 2QD3
£195.5K04/230.66 mi39, Belfield Mill Lane, Rochdale, Greater Manchester OL16 2UB3
£147K05/210.67 mi4, Woodlands View, Rochdale, Greater Manchester OL16 2UU3
£220K03/210.68 mi3, Pavilion Close, Rochdale, Greater Manchester OL12 6EW3
£90K06/210.69 mi75, Gale Street, Rochdale, Greater Manchester OL12 0BG3
£155K08/240.69 mi49, Gale Street, Rochdale, Greater Manchester OL12 0BG3
£200K07/230.7 mi21, Kings Grove, Rochdale, Greater Manchester OL12 9HR3
£200K03/230.7 mi17, Kings Grove, Rochdale, Greater Manchester OL12 9HR3
£147K01/210.7 mi29, Kings Grove, Rochdale, Greater Manchester OL12 9HR3
£160K04/210.7 mi19, Kings Grove, Rochdale, Greater Manchester OL12 9HR3
£167.9K02/210.7 mi35, Kings Grove, Rochdale, Greater Manchester OL12 9HR3
£170K04/240.7 mi23, Kings Grove, Rochdale, Greater Manchester OL12 9HR3
£65K09/230.7 mi1, Grasmere Street, Rochdale, Greater Manchester OL12 0RW3

Local Rents

11 rents from £850/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00001/250.2 mi-3
£85011/240.54 mi-3
£1,25011/230.67 mi-3
£1,15009/240.67 mi-3
£1,25006/240.7 miFox Park Lane, Rochdale, OL163
£1,20003/240.72 mi-3
£89509/240.85 mi-3
£95004/250.87 mi-3
£85010/230.88 mi-3
£1,09506/241.11 miRochdale, Milnrow, Firgrove, OL16, P33203
£1,10010/241.21 mi-3

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

0.37 miles away

Nearest school

0.10 miles away

Nearest train station

0.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £140,000

February 27, 2025

Floor Plans

Description

  • Stone Fronted +
  • Mid-Terraced House +
  • Three Bedrooms +
  • Spacious Lounge +
  • Fitted Dining Kitchen +
  • Three-Piece Bathroom +
  • Private Rear Yard +
  • Popular Yet Convenient Location +
  • Ideal For First Time Buyers +
  • No Chain +

A well-presented MID-TERRACED HOUSE situated in a popular yet convenient location having easy access to Rochdale town centre, Metrolink and motorway network.

Internally, the ideal first-time buyer accommodation comprises a spacious lounge, fitted dining kitchen, THREE BEDROOMS and three-piece bathroom. The property also benefits from having gas central heating and UPVC double glazing throughout.

Externally, the property has a private rear yard to the rear.

IDEAL FOR FIRST-TIME BUYERS!

NO CHAIN!

Agent Details

Reside Estate Agency, Rochdale

01706 335427

Next Steps?

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