3 Bed Semi-Detached House, Single Let, Rochdale, OL16 5BG, £220,000

Margaret Avenue, Rochdale, OL16 5BG - 2 months ago

Leasehold
BTL
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£70K - £285K
Sold Prices/m²£769/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£189,949

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£850 - £3,500

Rent Estimate

£859

Running Costs/mo

£879

Cashflow/mo

£-20

Cashflow/yr

£-244

Gross Yield

5%

Local Sold Prices

48 sold prices from £70K to £285K, average is £165K. £769/m² to £3.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£178.4K12/220.01 mi1, Margaret Avenue, Rochdale, Greater Manchester OL16 5BG3
£190K12/220.02 mi12, Margaret Avenue, Rochdale, Greater Manchester OL16 5BG3
£90K02/230.04 mi33, Rosefield Crescent, Rochdale, Greater Manchester OL16 5BD3
£141K10/210.04 mi6, Rosefield Crescent, Rochdale, Greater Manchester OL16 5BD3
£218K01/230.05 mi213, Milnrow Road, Rochdale, Greater Manchester OL16 5BA3
£165K01/230.05 mi11, Bertha Road, Rochdale, Greater Manchester OL16 5BE3
£123K12/200.05 mi28, Bertha Road, Rochdale, Greater Manchester OL16 5BE3
£188K10/230.05 mi55, Bertha Road, Rochdale, Greater Manchester OL16 5BE3
£132K11/200.06 mi229, Milnrow Road, Rochdale, Greater Manchester OL16 5BA3
£167.5K12/200.06 mi213, Milnrow Road, Rochdale, Greater Manchester OL16 5BA3
£155K11/230.1 mi26, Rathbone Street, Rochdale, Greater Manchester OL16 5BH3
£127K08/240.1 mi6, Kenworthy Terrace, Rochdale, Greater Manchester OL16 5AX3
£165K04/240.11 mi268, Milnrow Road, Rochdale, Greater Manchester OL16 5BQ3
£176K08/230.14 mi9, Adrian Terrace, Rochdale, Greater Manchester OL16 5BN3
£195K11/200.2 mi323, Milnrow Road, Rochdale, Greater Manchester OL16 5BU3
£184K12/230.2 mi319, Milnrow Road, Rochdale, Greater Manchester OL16 5BU3
£155K09/210.2 mi14, Merinall Close, Rochdale, Greater Manchester OL16 5BY3
£185K12/230.2 mi27, Newbold Hall Gardens, Rochdale, Greater Manchester OL16 3AL3
£153K03/210.21 mi310, Kingsway, Rochdale, Greater Manchester OL16 4AB3
£100K11/210.22 mi61, Belfield Lane, Rochdale, Greater Manchester OL16 2YB3
£70K01/210.22 mi79, Belfield Lane, Rochdale, Greater Manchester OL16 2YB3
£138K12/200.25 mi2, Moss Avenue, Rochdale, Greater Manchester OL16 4AA3
£143K01/210.27 mi26, Penistone Avenue, Rochdale, Greater Manchester OL16 4AL3
£165K08/210.27 mi19, Penistone Avenue, Rochdale, Greater Manchester OL16 4AL3
£192K06/230.32 mi9, Deepdale Avenue, Rochdale, Greater Manchester OL16 4AN3
£138K12/230.33 mi389, Albert Royds Street, Rochdale, Greater Manchester OL16 3AA3
£147K05/210.34 mi4, Woodlands View, Rochdale, Greater Manchester OL16 2UU3
£177.5K01/230.38 mi372, Albert Royds Street, Rochdale, Greater Manchester OL16 5AD3
£285K10/220.38 mi5, Cypress Gardens, Firgrove, Rochdale, Greater Manchester OL16 3BS3
£163K12/200.38 mi12, Cypress Gardens, Firgrove, Rochdale, Greater Manchester OL16 3BS3
£95K11/200.39 mi367, Albert Royds Street, Rochdale, Greater Manchester OL16 3AB3
£105K04/230.4 mi6, Lyefield Walk, Rochdale, Greater Manchester OL16 5SR3
£181K02/230.4 mi9, Holford Walk, Firgrove, Rochdale, Greater Manchester OL16 3BP3
£225K06/230.42 mi30, Juniper Drive, Firgrove, Rochdale, Greater Manchester OL16 3BE3
£242.5K03/230.42 mi38, Juniper Drive, Firgrove, Rochdale, Greater Manchester OL16 3BE3
£133K03/210.42 mi6, Juniper Drive, Firgrove, Rochdale, Greater Manchester OL16 3BE3
£135K04/230.43 mi22, Thames Street, Rochdale, Greater Manchester OL16 5NY3
£168K06/230.46 mi15, Coppy Bridge Drive, Rochdale, Greater Manchester OL16 3AQ3
£210K08/230.46 mi22, Samson Street, Rochdale, Greater Manchester OL16 2XW3
£216.8K07/240.47 mi73, Knowl Road, Rochdale, Greater Manchester OL16 4BB3
£165K07/230.47 mi34, Croxton Avenue, Rochdale, Greater Manchester OL16 2XX3
£134K02/210.48 mi2, Field Road, Rochdale, Greater Manchester OL16 4AZ3
£165K09/210.5 mi36, Coppy Bridge Drive, Rochdale, Greater Manchester OL16 3AR3
£195.5K04/230.52 mi39, Belfield Mill Lane, Rochdale, Greater Manchester OL16 2UB3
£190K12/220.52 mi6, Dalton Avenue, Rochdale, Greater Manchester OL16 4AU3
£113K05/230.54 mi241, Entwisle Road, Rochdale, Greater Manchester OL16 2LJ3
£70K07/230.55 mi97, Bellshill Crescent, Rochdale, Greater Manchester OL16 2TU3
£155K08/230.55 mi127, Bellshill Crescent, Rochdale, Greater Manchester OL16 2TU3

Local Rents

25 rents from £850/mo to £3.5K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,09506/240.42 miRochdale, Milnrow, Firgrove, OL16, P33203
£85011/240.48 mi-3
£1,10010/240.51 mi-3
£85005/240.59 mi-3
£1,25011/230.59 mi-3
£1,25006/240.59 miFox Park Lane, Rochdale, OL163
£99512/240.75 mi-3
£99512/240.75 mi-3
£99512/240.75 mi-3
£99504/250.76 mi-3
£87506/240.81 miWoburn Close, Milnrow, Rochdale3
£95010/230.95 mi-3
£1,08012/240.97 mi-3
£3,50012/240.98 mi-3
£1,15002/250.99 mi-3
£90012/241 mi-3
£90012/241 miMere Street, Rochdale, OL113
£89512/241.01 miCROFT MEWS, Milnrow, Rochdale OL16 3AS3
£1,10012/241.04 mi-3
£1,10012/241.04 miBroad Lane, Rochdale, OL163
£95004/251.13 mi-3
£1,00001/251.14 mi-3
£95012/241.2 miBEECHFIELD ROAD, Milnrow, Rochdale OL16 4HB3
£1,20003/241.21 mi-3
£96012/241.24 miGorse Road, Milnrow, Rochdale, Greater Manchester, OL163

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

0.97 miles away

Nearest school

0.30 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £220,000

March 3, 2025

Floor Plans

Description

  • Three bedroomed semi detached +
  • Close to Rochdale town centre +
  • Close to Kingsway retail park +
  • A short driveway away from local M62 junction +
  • Driveway +
  • Large garden to rear +
  • NO CHAIN +

Situated roughly 1.5 miles away from Rochdale town centre, Face to Face estate agents are delighted to offer for sale this spacious semi detached family home. Located in a convenient location, the property is less than 1 mile away from Kingsway retail park and only a short drive away from the local M62 motorway junction, meaning those looking to commute can do so easily. Rochdale is based near the foot of the Pennines and there a number of beauty spots that are easily accessible including Watergrove reservoir, Hollingworth Lake country park, Blackstone edge, Healey Dell nature reserve and Cowm Park reservoir.

The property itself has been well maintained throughout. The property internally comprises entrance porch, entrance hall, large through lounge (approx. 19ft long) with space for dining table, kitchen, three bedrooms and family bathroom. Externally the property has a driveway to the front and to the rear there is a large garden with timber decked patio area and large timber construction storage shed (previously used as bar). With double glazed windows and gas central heating via modern combi boiler. Early viewing highly recommended. Property offered with NO CHAIN.

EPC Rating: C

Agent Details

Face to Face Estate Agents, Littleborough

01706 335907

Next Steps?

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