3 Bed Semi-Detached House, Cash/Bridging Only, Mossley, OL5 0NR, £195,000

Waterton Lane, Mossley, OL5 0NR - 1 views - a month ago

Sold STC
Cash
ROI: 5%
~64 m²
+9 photos

ValuationOvervalued

Sold Prices£113K - £470K
Sold Prices/m²£949/m² - £4.3K/m²

 

 

Square Metres

~64 m²
Price/m²£3K/m²

Value Estimate

£151,579

 

 

End Value (After Refurb)

£190,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£10,950

Refurb Costs

£27,062

Bridging Loan Interest

£5,119

Total Cash In

£93,630

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£190,000

Mortgage (After Refinance)

£142,500

Mortgage LTV

75%

Cash Left In

£93,630

Equity

£47,500

Rent Range

£800 - £3,300

Rent Estimate

£1,249

Running Costs/mo

£864

Cashflow/mo

£385

Cashflow/yr

£4,625

ROI

5%

Gross Yield

8%

Local Sold Prices

50 sold prices from £113K to £470K, average is £210K. £949/m² to £4.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£190K10/230.04 mi69, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NR3
£205K01/240.04 mi79, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NR3
£150K03/210.04 mi77, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NR3
£205K07/230.04 mi55, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NR3
£207.5K03/230.04 mi71, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NR3
£113K03/210.05 mi43, Hart Mill Close, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NU3
£195K05/230.05 mi98, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NQ3
£337.9K02/230.11 mi44, Waterton Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NE3
£470K05/210.12 miValley House, Lees Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PG3
£157K10/200.19 mi14, Chellow Dene, Mossley, Ashton-under-lyne, Greater Manchester OL5 0NB3
£175K03/210.22 mi30, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QY3
£130K03/210.24 mi67, Stamford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0LJ3
£235K01/230.25 mi42, Stockport Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QY3
£242K07/210.26 mi21, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QT3
£249.9K09/230.26 mi10, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QT3
£150K01/240.27 mi8, Egerton Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0QR3
£470K05/210.27 miValley House, Lees Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0PG3
£185K04/240.29 mi9, Anthony Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HU3
£180K06/230.3 mi41, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HQ3
£162.5K04/210.31 mi53, Stamford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BG3
£190K01/210.31 mi62, Stamford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BG3
£210K04/240.32 mi13, Argyle Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HG3
£247.3K12/220.32 miNorville, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BL3
£385K10/220.33 miHillside, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0BL3
£275K07/210.34 mi9, Hanover Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0LQ3
£180K11/200.34 mi24, Barkwell Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HX3
£275K02/230.34 mi1, Barkwell Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HX3
£205K09/230.35 mi55, Lorne Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0HH3
£189.9K02/210.4 mi17, Cherry Tree Walk, Mossley, Ashton-under-lyne, Greater Manchester OL5 0EH3
£250K12/220.45 mi80, Carrhill Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SE3
£235K07/230.46 mi24, Woodbank Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SP3
£215K09/230.47 mi70, Old Brow, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DY3
£207K05/210.47 mi14, St Johns Gardens, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SS3
£205K05/210.47 mi8, St Johns Gardens, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SS3
£165K03/210.47 mi17, New Earth Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0SL3
£292K09/210.5 mi122, Three Counties Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GA3
£235K01/210.5 mi130, Three Counties Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GA3
£218.5K12/210.54 mi4, Border Mill Fold, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GD3
£245K11/220.56 mi120, Three Counties Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9GA3
£161.5K01/210.59 mi1, Park Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0AU3
£370K12/200.64 mi114a, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AY3
£350K04/210.66 mi13, Strawberry Lane, Mossley, Ashton-under-lyne, Greater Manchester OL5 0RJ3
£285K09/220.66 mi7, The Manse, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DP3
£273.5K08/230.66 mi19, Barngate Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DH3
£171K01/210.72 mi4, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DN3
£225K06/230.72 mi125, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AA3
£235K01/230.73 mi28, Andrew Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DN3
£210K07/210.74 mi5, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HU3
£210K12/200.76 mi20, Under Lane, Grotton, Oldham, Greater Manchester OL4 5RJ3
£236K04/230.76 mi20, Under Lane, Grotton, Oldham, Greater Manchester OL4 5RJ3

Local Rents

25 rents from £800/mo to £3.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05006/240.18 miCross Street, OL53
£95006/240.2 miWaterton Lane, Mossley, Ashton-Under-Lyne3
£1,10004/240.27 mi-3
£1,10010/240.27 mi-3
£95002/240.33 mi-3
£95010/240.38 mi-3
£95009/230.47 mi-3
£80006/240.63 mi-3
£85009/240.79 miKing Street, OL53
£1,00006/240.81 mi-3
£3,30006/240.85 mi-3
£3,30006/240.85 mi-3
£3,30009/240.85 mi-3
£1,40003/251 mi-3
£99511/231.03 mi-3
£1,05003/251.1 mi-3
£85006/241.11 mi12 Shadows Lane3
£99506/241.11 miLavender Road, Oldham, Greater Manchester, OL43
£95001/251.11 mi-3
£1,22510/241.16 mi-3
£1,00006/241.17 mi-3
£1,75012/241.17 miOldham Road, Lydgate, Oldham, Greater Manchester, OL43
£1,20010/241.17 mi-3
£1,30006/241.18 miPlatting Road, Lydgate3
£1,10008/241.24 mi-3

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.53 miles away

Nearest school

0.30 miles away

Nearest train station

0.55 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £195,000

March 4, 2025

Floor Plans

Description

  • Three Bedrooms +
  • Freehold +
  • Good Sized Enclosed Rear Garden +
  • Close to Local Amenities +
  • Top Mossley Area +
  • Viewing Essential +

Situated in the highly desirable Top Mossley area, this well presented three-bedroom semi-detached home offers the perfect combination of modern living and scenic surroundings. Ideally located close to a range of local amenities, highly regarded schools, and excellent transport links, including Mossley Train Station, this property is also just moments away from stunning countryside walks and the breathtaking views of Hartshead Pike, making it an ideal choice for families and outdoor enthusiasts alike.

Stepping inside, the ground floor features a welcoming lounge, perfect for relaxing evenings, and a well-appointed kitchen with ample storage and workspace. Upstairs, the first floor offers three well-proportioned bedrooms, ideal for growing families or those in need of a home office, along with afamily b athroom.

Externally, the property boasts a walled and block-paved forecourt garden to the front, enhancing its kerb appeal, while the rear garden provides a private and peaceful retreat. Featuring a decked seating area, ideal for outdoor dining and entertaining, the garden also benefits from steps leading down to split-level lawn areas, offering plenty of space for children to play or for gardening enthusiasts to enjoy.

With its fantastic location, versatile living space, and attractive outdoor areas, this home presents a wonderful opportunity for buyers looking to settle in a thriving community with both convenience and nature on their doorstep. Viewing Highly Recommended

Ground Floor -

Hall - Door to front, doors leading to:

Utility Area - Space for tumble dryer, double glazed window to side.

Lounge - 5.08m x 3.71m (16'8" x 12'2") - Double glazed box window to front, radiator, door leading to:

Kitchen - 2.25m x 4.67m (7'5" x 15'4") - Fitted with a matching range of base and eye level units with worktop space over, inset sink and drainer with mixer tap, tiled splashbacks, two double glazed windows to rear, radiator, stairs leading up to first floor, door leading out to rear garden.

First Floor -

Landing - Doors leading to:

Master Bedroom - 3.26m x 2.90m (10'8" x 9'6") - Double glazed window to rear, built-in wardrobes, radiator.

Bedroom 2 - 3.66m x 2.81m (12'0" x 9'3") - Double glazed window to front, built-in storage cupboard, radiator.

Bedroom 3 - 2.28m x 1.88m (7'6" x 6'2") - Double glazed window to front, radiator.

Bathroom - 2.09m x 1.60m (6'10" x 5'3") - Three piece suite comprising panelled bath with shower over, pedestal wash hand basin and low-level WC, tiled walls, double glazed window to rear, heated towel rail.

Outside - Block oaved forecourt garden to the front. Enclosed garden to the rear with decked seating area and steps leading down to tiered lawn areas.

Disclaimer - Home Estate Agents believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof. The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/her self of all measurements prior to purchase.

Before we can accept an offer for any property we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property we will require proof of funds. You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.

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Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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