3 Bed Semi-Detached House, Refurb/BRRR, Rochdale, OL11 5XX, £215,000

BROOKS END, Norden, Rochdale, OL11 5XX - 3 views - 2 months ago

Leasehold
Refurb/BRRR
~93 m²
+8 photos

ValuationFair Value

Sold Prices£100K - £590K
Sold Prices/m²£1.1K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£215,000

 

 

End Value (After Refurb)

£263,603

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,650

Refurb Costs

£39,324

Bridging Loan Interest

£5,644

Total Cash In

£108,118

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£263,603

Mortgage (After Refinance)

£197,702

Mortgage LTV

75%

Cash Released

£36,452

Cash Left In

£71,666

Equity

£65,901

Rent Range

£875 - £1,250

Rent Estimate

£1,014

Running Costs/mo

£1,047

Cashflow/mo

£-33

Cashflow/yr

£-391

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £590K, average is £231.3K. £1.1K/m² to £4.9K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£162K12/200.02 mi39, Brooks End, Rochdale, Greater Manchester OL11 5XX3
£175K11/200.02 mi29, Brooks End, Rochdale, Greater Manchester OL11 5XX3
£247.5K07/230.04 mi57, Elmsfield Avenue, Rochdale, Greater Manchester OL11 5XW3
£197K12/200.05 mi38, Elmsfield Avenue, Rochdale, Greater Manchester OL11 5XN3
£230K04/240.05 mi66, Elmsfield Avenue, Rochdale, Greater Manchester OL11 5XN3
£205K10/230.07 mi72, Shelfield Lane, Rochdale, Greater Manchester OL11 5XY3
£170K05/210.07 mi89, Shelfield Lane, Rochdale, Greater Manchester OL11 5XY3
£307K09/230.07 mi28, Inglefield, Rochdale, Greater Manchester OL11 5XL3
£200K10/230.07 mi8, Inglefield, Rochdale, Greater Manchester OL11 5XL3
£222.5K01/230.07 mi4, Inglefield, Rochdale, Greater Manchester OL11 5XL3
£232.5K06/210.11 mi2, Highwood, Rochdale, Greater Manchester OL11 5XP3
£225K03/240.14 mi734, Edenfield Road, Rochdale, Greater Manchester OL12 7PP3
£206K11/200.14 mi103, Elmsfield Avenue, Rochdale, Greater Manchester OL11 5XA3
£171K12/200.17 mi17, Westfield Close, Rochdale, Greater Manchester OL11 5XB3
£276K05/240.17 mi10, Wallwork Close, Rochdale, Greater Manchester OL11 5FB3
£240K07/230.17 mi21, Martins Field, Rochdale, Greater Manchester OL12 7NT3
£250K02/230.18 mi664, Edenfield Road, Rochdale, Greater Manchester OL12 7QE3
£178.5K04/210.18 mi39, Shelfield Lane, Rochdale, Greater Manchester OL11 5YD3
£270K07/240.21 mi53, Shawfield Lane, Rochdale, Greater Manchester OL12 7RQ3
£100K03/210.22 mi28, Ashbourne Street, Rochdale, Greater Manchester OL11 5SW3
£220K09/210.24 mi14, Shaddock Avenue, Rochdale, Greater Manchester OL12 7QA3
£225K12/220.24 mi151, Elmsfield Avenue, Rochdale, Greater Manchester OL11 5XA3
£165K03/210.24 mi622, Edenfield Road, Rochdale, Greater Manchester OL12 7QE3
£185K12/200.24 mi634, Edenfield Road, Rochdale, Greater Manchester OL12 7QE3
£327K07/230.24 mi7, Clayfield Drive, Rochdale, Greater Manchester OL11 5RL3
£410K09/210.24 mi23, Moor Hill, Rochdale, Greater Manchester OL11 5YB3
£335K07/230.27 mi62, Fisherfield, Rochdale, Greater Manchester OL12 7QS3
£220K12/230.28 mi4, Seven Acres Lane, Rochdale, Greater Manchester OL12 7RL3
£220K06/230.32 mi68, Keepers Drive, Rochdale, Greater Manchester OL12 7RH3
£230K01/210.32 mi4, Keepers Drive, Rochdale, Greater Manchester OL12 7RH3
£345K02/230.32 mi66, Keepers Drive, Rochdale, Greater Manchester OL12 7RH3
£260K09/230.32 mi13, Keepers Drive, Rochdale, Greater Manchester OL12 7RH3
£370K12/220.34 mi1, Chepstow Close, Rochdale, Greater Manchester OL11 5TR3
£280K12/200.35 mi26, Bagslate Moor Road, Rochdale, Greater Manchester OL11 5XT3
£161K08/210.36 mi707, Edenfield Road, Rochdale, Greater Manchester OL11 5SX3
£285K06/210.38 mi63, Seven Acres Lane, Rochdale, Greater Manchester OL12 7RW3
£318K12/230.38 mi51, Seven Acres Lane, Rochdale, Greater Manchester OL12 7RW3
£280K12/200.38 mi93, Seven Acres Lane, Rochdale, Greater Manchester OL12 7RW3
£376.5K11/230.38 mi22, Farnley Close, Rochdale, Greater Manchester OL12 7SQ3
£290K03/210.39 mi14, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£192K06/210.39 mi47, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£227.5K04/210.39 mi69, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£131K11/220.39 mi61, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£250K06/210.39 mi42, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£215.5K10/230.39 mi49, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£242K11/220.39 mi59, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£305K01/230.4 mi14, Bramley Road, Rochdale, Greater Manchester OL11 5QN3
£270K12/200.42 mi1, Linnell Drive, Rochdale, Greater Manchester OL11 5QP3
£240K03/210.43 mi8, Broad Acre, Rochdale, Greater Manchester OL12 7RP3
£590K03/230.45 mi39, Norford Way, Rochdale, Greater Manchester OL11 5QS3

Local Rents

16 rents from £875/mo to £1.3K/mo, average is £985/mo.

RentDateDistanceAddressBeds 
£95006/240.04 mi-3
£95010/240.04 mi-3
£99506/240.07 miShelfield Lane Norden. 3
£95006/240.14 mi-3
£90006/240.2 mi52 Whitefield Avenue, Norden OL11 5YG3
£1,00004/250.32 mi-3
£1,25006/240.7 miPartridge Close, Rochdale, Greater Manchester, OL113
£1,15004/250.89 mi-3
£99506/240.89 miWar Office Road, Bamford, Rochdale, OL113
£90006/240.94 miRooley Moor Road, Rochdale3
£1,25006/240.98 miCranbourne Road, Bamford, OL11 5JD3
£97506/240.99 miGreat Flatt, Rochdale3
£1,07512/241.02 miMOUNTAIN ASH, Rooley Moor, Rochdale OL12 7JE3
£92501/251.05 mi-3
£87511/241.2 mi-3
£1,22504/251.24 mi-3

Local Area Statistics

Population in OL11

45,506

Population in Rochdale

128,851

Town centre distance

2.34 miles away

Nearest school

0.20 miles away

Nearest train station

2.16 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £215,000

February 28, 2025

Floor Plans

Description

  • Semi-Detached House +
  • Three Bedrooms +
  • Elevated Position +
  • Driveway To The Front +
  • Far Reaching Views +
  • In Need Of Modernisation +
  • Popular Development +
  • On The Doorstep Of Norden Village +
  • Fantastic Potential +
  • No Chain +

BEAUTIFULLY PRESENTED SEMI-DETACHED HOUSE SITUATED IN A HIGHLY SOUGHT AFTER CUL DE SAC LOCATION within walking distance of Norden village and beautiful open countryside yet with easy access to Rochdale/Bury centres and excellent transport links.

Internally, the ideal family home offers larger than average living accommodation comprising a hall, good sized lounge, fitted dining kitchen, THREE BEDROOMS, three piece bathroom, gas central heating and UPVC double glazing.

Externally, the property offers delightful countryside views to the front with a single driveway, and to the rear there is a tiered private garden.

IDEAL FAMILY HOME!

Agent Details

Reside Estate Agency, Rochdale

01706 335427

Next Steps?

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