3 Bed Semi-Detached House, Refurb/BRRR, Rochdale, OL11 3HW, £118,000

18 Lynton Avenue, Rochdale, Lancashire, OL11 3HW - 4 views - 2 months ago

Sold STC
Leasehold
Auction
Refurb/BRRR
ROI: 4%
~93 m²
+3 photos

ValuationFair Value

Sold Prices£88K - £550K
Sold Prices/m²£839/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£118,000

 

 

End Value (After Refurb)

£186,816

Uplift in Value

+58%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£29,500

Stamp Duty & Legal Fees

£7,100

Refurb Costs

£39,324

Bridging Loan Interest

£3,098

Total Cash In

£80,772

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£186,816

Agent Fees (1%)

£1,868

Bridging Loan

£88,500

Bridging Loan Interest

£3,098

Flip Profit

£15,676

Local Sold Prices

50 sold prices from £88K to £550K, average is £184.8K. £839/m² to £5K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£160K05/230.08 mi115, Kingsland Road, Rochdale, Greater Manchester OL11 3HH3
£180K06/240.13 mi32, Eskdale Avenue, Rochdale, Greater Manchester OL11 3JY3
£205K05/230.14 mi3, Chevron Close, Rochdale, Greater Manchester OL11 3LZ3
£196.5K05/230.14 mi1, Chevron Close, Rochdale, Greater Manchester OL11 3LZ3
£241K03/210.14 mi21, Chamber House Drive, Rochdale, Greater Manchester OL11 3LS3
£168K07/230.16 mi67, Borrowdale Drive, Rochdale, Greater Manchester OL11 3JZ3
£265K08/230.18 mi3, Loisine Close, Rochdale, Greater Manchester OL11 3PF3
£180K04/210.18 mi23, Crescent Road, Rochdale, Greater Manchester OL11 3LF3
£130K06/240.18 mi15, Thirlmere Road, Rochdale, Greater Manchester OL11 3LJ3
£137K04/210.25 mi103, Bolton Road, Rochdale, Greater Manchester OL11 3LP3
£125K02/240.28 mi80, Moor Park Avenue, Rochdale, Greater Manchester OL11 3JG3
£253K07/230.28 mi89, Bolton Road, Rochdale, Greater Manchester OL11 3NG3
£147K01/240.3 mi713, Manchester Road, Rochdale, Greater Manchester OL11 3AA3
£550K01/230.3 mi16, Marland Old Road, Rochdale, Greater Manchester OL11 4QY3
£190K12/230.3 mi13, Moor Park Avenue, Rochdale, Greater Manchester OL11 3JQ3
£195K02/210.33 mi16, Keswick Street, Rochdale, Greater Manchester OL11 3AG3
£184K04/230.33 mi54, Keswick Street, Rochdale, Greater Manchester OL11 3AG3
£275K11/220.34 mi42, Lawnswood, Rochdale, Greater Manchester OL11 3HB3
£185K11/230.35 mi20, Sydney Barnes Close, Rochdale, Greater Manchester OL11 3DA3
£310K11/220.39 mi78, Birchfield Drive, Rochdale, Greater Manchester OL11 4NY3
£275K06/210.39 mi11, Birchfield Drive, Rochdale, Greater Manchester OL11 4NY3
£285K07/240.39 mi22, Birchfield Drive, Rochdale, Greater Manchester OL11 4NY3
£310K07/240.39 mi7, Birchfield Drive, Rochdale, Greater Manchester OL11 4NY3
£112K07/210.4 mi24, Samuel Street, Rochdale, Greater Manchester OL11 3EA3
£189K12/200.4 mi207, Rochdale Road East, Heywood, Greater Manchester OL10 1RL3
£227.5K04/240.4 mi219, Rochdale Road East, Heywood, Greater Manchester OL10 1RL3
£100K11/230.4 mi10, Ash Street, Rochdale, Greater Manchester OL11 3AP3
£232.5K12/230.4 mi44, Stocks Street, Rochdale, Greater Manchester OL11 3DJ3
£155K11/200.41 mi27, Ashley Close, Rochdale, Greater Manchester OL11 3EP3
£193K03/230.41 mi26, Ashley Close, Rochdale, Greater Manchester OL11 3EP3
£215K07/230.41 mi3, Ashley Close, Rochdale, Greater Manchester OL11 3EP3
£223.5K01/210.42 mi8, The Woods, Rochdale, Greater Manchester OL11 3NT3
£300K06/210.45 mi59, Marland Fold, Rochdale, Greater Manchester OL11 4RF3
£360K11/230.45 mi6, Marland Fold, Rochdale, Greater Manchester OL11 4RF3
£312K04/210.45 mi11, Marland Fold, Rochdale, Greater Manchester OL11 4RF3
£255K12/200.47 mi95, Marland Fold, Rochdale, Greater Manchester OL11 4RF3
£120K07/240.48 mi756, Manchester Road, Rochdale, Greater Manchester OL11 3AW3
£115K04/240.49 mi71, Rouse Street, Rochdale, Greater Manchester OL11 4PG3
£184.5K03/240.49 mi16, Pleasant Street, Rochdale, Greater Manchester OL11 3BE3
£163K03/210.49 mi20, Pleasant Street, Rochdale, Greater Manchester OL11 3BE3
£171K01/210.49 mi34, Pleasant Street, Rochdale, Greater Manchester OL11 3BE3
£189K10/210.49 mi32, Pleasant Street, Rochdale, Greater Manchester OL11 3BE3
£137K01/210.53 mi129, Heywood Road, Rochdale, Greater Manchester OL11 3BT3
£88K12/200.54 mi17, Law Street, Rochdale, Greater Manchester OL11 4PT3
£88K12/200.54 mi17, Law Street, Rochdale, Greater Manchester OL11 4PT3
£125K06/210.56 mi3, Disley Street, Rochdale, Greater Manchester OL11 4PU3
£138K04/240.57 mi20, Disley Street, Rochdale, Greater Manchester OL11 4PU3
£125K03/230.57 mi22, Disley Street, Rochdale, Greater Manchester OL11 4PU3
£182K02/240.57 mi1, Disley Street, Rochdale, Greater Manchester OL11 4PU3
£138.5K11/220.58 mi2, Oakland Terrace, Rochdale, Greater Manchester OL11 3BJ3

Local Rents

11 rents from £1.1K/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,19503/250.12 mi-3
£1,20006/240.12 mi-3
£1,20006/240.12 mi-3
£1,50002/240.39 mi-3
£1,40012/240.39 mi-3
£1,10004/250.41 mi-3
£1,40012/230.46 mi-3
£1,40012/230.46 mi-3
£1,05012/240.48 mi-3
£1,10005/240.49 mi-3
£1,30010/240.54 mi-3

Local Area Statistics

Population in OL11

45,506

Population in Rochdale

128,851

Town centre distance

2.39 miles away

Nearest school

0.30 miles away

Nearest train station

0.55 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £118,000

February 28, 2025

Description

  • FOR SALE BY ONLINE PUBLIC AUCTION +
  • THREE BEDROOM SEMI DETACHED +
  • REQUIRING MODERNISATION AND REPAIR +
  • POPULAR CASTLETON LOCATION +

**Guide Price £118,000 * Plus 5% Buyers Premium + VAT

For sale by unconditional online auction on the 26th of March 2025.

Registration is now open, bidding opens on 26th of March at 10:00 and ends on 26th of March at 16:00.**

FOR SALE BY AUCTION
THREE BEDROOM SEMI DETACHED
REQUIRING MODERNISATION AND REPAIR
POPULAR CASTLETON LOCATION

Description
THREE BEDROOM SEMI DETACHED REQUIRING MODERNISATION AND REPAIR IN CASTLETON

This property offers a spacious lounge, kitchen, two additional reception rooms, a bedroom, a wet room, and a storage room with external access.

The property is situated in a sought-after area with strong rental demand, offering convenience and accessibility to local amenities, transport links, and nearby universities.

For families, there are several reputable schools in the vicinity, including Matthew Moss High School and St Edward's Church of England Primary School, both within walking distance.

In terms of transport, the property is well-connected. Castleton Train Station provides regular services to Manchester and Leeds, making it ideal for commuters. Additionally, the area is served by local bus routes and has easy access to major road networks, including the M62 motorway.

The neighbourhood boasts a variety of local amenities, such as shops, restaurants, and recreational facilities, ensuring that residents have convenient access to daily necessities and leisure activities.

Overall, 18 Lynton Avenue presents an excellent opportunity for both homeowners and investors, combining comfortable living spaces with a prime location.

EARLY VIEWINGS ARE RECOMMENDED TO APPRECIATE THE POTENTIAL OF ACCOMMODATION ON OFFER!

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Town & Country Property Auctions, Crewe

03301 654109

Next Steps?

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