4 Bed Terraced House, Single Let, Rochdale, OL16 5HN, £245,000

Kingsway, Rochdale, OL16 5HN - 3 views - 2 months ago

Leasehold
BTL
~129 m²
+18 photos

ValuationUndervalued

Sold Prices£150K - £489.9K
Sold Prices/m²£915/m² - £4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.9K/m²

Value Estimate

£297,381
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£13,450

Total Cash In

£74,700

 

 

Cash Out

 

Rent Range

£850 - £3,500

Rent Estimate

£995

Running Costs/mo

£985

Cashflow/mo

£10

Cashflow/yr

£125

ROI

0%

Gross Yield

5%

Local Sold Prices

27 sold prices from £150K to £489.9K, average is £250K. £915/m² to £4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£290K06/240.1 mi24, Charter Street, Rochdale, Greater Manchester OL16 4UD4
£159K12/220.13 mi64, Prince Street, Rochdale, Greater Manchester OL16 5LJ4
£167K05/210.36 mi35, Philip Street, Rochdale, Greater Manchester OL11 1NL4
£225K03/210.38 mi143, Broad Lane, Rochdale, Greater Manchester OL16 4PP4
£200K03/210.4 mi66, Deeplish Road, Rochdale, Greater Manchester OL11 1PH4
£305K05/210.45 mi3, Furzegate, Rochdale, Greater Manchester OL16 4RP4
£150K11/220.48 mi5, Exeter Street, Rochdale, Greater Manchester OL11 1JN4
£385K08/230.51 mi30, Wrenbury Drive, Rochdale, Greater Manchester OL16 4PJ4
£392K10/200.51 mi33, Wrenbury Drive, Rochdale, Greater Manchester OL16 4PJ4
£287.5K10/200.51 mi32, Wrenbury Drive, Rochdale, Greater Manchester OL16 4PJ4
£452.5K03/230.51 mi12, Wrenbury Drive, Rochdale, Greater Manchester OL16 4PJ4
£372.5K01/230.58 mi226a, Broad Lane, Rochdale, Greater Manchester OL16 4PR4
£215K09/210.62 mi31, Deepdale Avenue, Rochdale, Greater Manchester OL16 4AN4
£360K08/220.65 mi3, Dodd Croft, Rochdale, Greater Manchester OL16 4QX4
£350K10/210.68 mi9, Brockway, Rochdale, Greater Manchester OL16 4QT4
£310K07/220.73 mi5, Verdant Way, Rochdale, Greater Manchester OL16 4QY4
£398K12/220.74 mi21, Midgley Drive, Rochdale, Greater Manchester OL16 4QG4
£431K10/230.74 mi9, Midgley Drive, Rochdale, Greater Manchester OL16 4QG4
£489.9K05/210.78 mi5, Farlands Rise, Rochdale, Greater Manchester OL16 4QZ4
£163K03/210.79 mi201, Milnrow Road, Rochdale, Greater Manchester OL16 5BA4
£245K02/230.79 mi22, Gilbrook Way, Rochdale, Greater Manchester OL16 4RT4
£237.5K06/230.8 mi16, Gilbrook Way, Rochdale, Greater Manchester OL16 4RT4
£250K06/230.82 mi11, St Albans Street, Rochdale, Greater Manchester OL16 1UT4
£240K10/230.85 mi24, Sunhill Close, Rochdale, Greater Manchester OL16 4RU4
£185K12/200.9 mi43, Newbold Hall Drive, Rochdale, Greater Manchester OL16 3AG4
£245K07/240.91 mi14, Newbold Hall Drive, Rochdale, Greater Manchester OL16 3AJ4
£205K12/220.96 mi11, Cedar Bank Close, Firgrove, Rochdale, Greater Manchester OL16 3BZ4

Local Rents

13 rents from £850/mo to £3.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85005/240.19 mi-3
£1,08012/240.29 mi-3
£1,15002/250.34 mi-3
£1,10012/240.38 miBroad Lane, Rochdale, OL163
£1,10012/240.38 mi-3
£3,00003/250.42 mi-4
£99512/240.43 mi-3
£99512/240.43 mi-3
£99504/250.43 mi-3
£99512/240.46 mi-3
£1,50011/230.46 mi-5
£1,30011/230.46 mi-5
£3,50012/240.6 mi-3

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

1.49 miles away

Nearest school

0.10 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £245,000

March 3, 2025

Floor Plans

Description

  • EXTENDED FOUR BEDROOM BRICK BUILT MID-TERRACED HOME +
  • SPLIT ACROSS FOUR FLOORS +
  • TWO RECEPTION ROOMS +
  • KITCHEN +
  • UTILITY AREA & GUEST W/C +
  • FOUR BEDROOMS +
  • FAMILY BATHROOM +
  • GARDENS / PAVED AREA TO FRONT +
  • TIERED PAVED GARDEN TO REAR +
  • DOUBLE GARAGE / PARKING TO REAR +

NO CHAIN: SPACIOUS EXTENDED FOUR BEDROOM BRICK BUILT, MID-TERRACED HOME, SET BACK FROM THE ROAD IN AN ELEVATED POSITION BENEFITTING FROM TWO RECEPTION ROOMS AND CLOSE TO EXCELLENT SCHOOLS, LOCAL AMENTIES AND EXCELLENT TRANSPORT LINKS WITH THE M62 MOTORWAY AND ROCHDALE TRAIN STATION ONLY A SHORT DRIVE AWAY.
Andrew Kelly & Associates are delighted to offer for sale with NO CHAIN: this FOUR BEDROOM brick built mid-terraced home, set back from the road in an elevated position and set over three floors. The location of the property offers easy access to local shops, restaurant's, schools and amenities and is just a short drive from the M62 motorway which offers access to Manchester & Leeds, as well as being in close distance to Rochdale train station. The home benefits from gas central heating and double glazing throughout. The accommodation comprises briefly of an entrance hallway, larger than average lounge, separate dining room with access to the modern kitchen, utility area and the cellar. To the first floor are three bedrooms and a four- piece family bathroom. To the second floor is a large double bedroom with access to eave storage. Externally, to the front of the property is a well-presented lawn and paved area and to the rear is a tiered paved garden with access to a large double garage and parking.
Viewings on this four-bedroom, mid-terraced home come highly recommended to fully appreciate the amount of accommodation, presentation and location on offer.

Agent Details

Andrew Kelly, Rochdale and Surrounding

01706 335876

Next Steps?

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