2 Bed Bungalow, Refurb/BRRR, Rochdale, OL12 7JQ, £210,000

Elmpark Way, Rooley Moor, Rochdale OL12 7JQ - 2 months ago

Leasehold
Refurb/BRRR
ROI: 2%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£78K - £285.5K
Sold Prices/m²£1.1K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£124,485

 

 

End Value (After Refurb)

£175,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£11,700

Refurb Costs

£28,709

Bridging Loan Interest

£5,513

Total Cash In

£100,172

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£175,000

Mortgage (After Refinance)

£131,250

Mortgage LTV

75%

Cash Left In

£100,172

Equity

£43,750

Rent Range

£700 - £1,150

Rent Estimate

£878

Running Costs/mo

£742

Cashflow/mo

£136

Cashflow/yr

£1,626

ROI

2%

Gross Yield

5%

Local Sold Prices

51 sold prices from £78K to £285.5K, average is £157.5K. £1.1K/m² to £4.6K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£285.5K11/220.03 mi38, Elmpark Way, Rochdale, Greater Manchester OL12 7JQ2
£142.5K04/210.24 mi7, Fearn Dene, Rochdale, Greater Manchester OL12 7GE2
£212K05/240.24 mi16, Fearn Dene, Rochdale, Greater Manchester OL12 7GE2
£182K05/240.3 mi2, Redfearn Wood, Rochdale, Greater Manchester OL12 7GA2
£170K07/230.31 mi15, Thornlea Drive, Rochdale, Greater Manchester OL12 7GD2
£210K09/230.31 mi32, Thornlea Drive, Rochdale, Greater Manchester OL12 7GD2
£215K05/240.31 mi29, Thornlea Drive, Rochdale, Greater Manchester OL12 7GD2
£230K02/240.33 mi16, Harridge Street, Rochdale, Greater Manchester OL12 7HW2
£220K06/240.33 mi10, Harridge Street, Rochdale, Greater Manchester OL12 7HW2
£168K03/210.39 mi5, Judith Street, Rochdale, Greater Manchester OL12 7HS2
£180K04/230.46 mi27, Coppingford Close, Rochdale, Greater Manchester OL12 7PR2
£200K10/230.49 mi6, Alderman Foley Drive, Rochdale, Greater Manchester OL12 7PU2
£220.5K06/210.56 mi6, Glenavon Drive, Rochdale, Greater Manchester OL12 6DT2
£87.5K01/210.57 mi30, Market Street, Whitworth, Rochdale, Lancashire OL12 8RW2
£123K01/230.57 mi48, Market Street, Whitworth, Rochdale, Lancashire OL12 8RW2
£170K04/230.57 mi29, Market Street, Whitworth, Rochdale, Lancashire OL12 8RW2
£267K01/210.57 mi6, Shawclough Close, Rochdale, Greater Manchester OL12 7HQ2
£116K12/200.57 mi95, Cutgate Road, Rochdale, Greater Manchester OL12 7NW2
£110K08/210.57 mi69, Cutgate Road, Rochdale, Greater Manchester OL12 7NW2
£132K04/240.6 mi36, Spotland Tops, Rochdale, Greater Manchester OL12 7NY2
£125K11/200.61 mi6, Smithy Fold, Rochdale, Greater Manchester OL12 7NS2
£110K02/210.62 mi12, Martin Lane, Rochdale, Greater Manchester OL12 7NU2
£157.5K06/210.63 mi20, Fallowfield Drive, Rochdale, Greater Manchester OL12 6LZ2
£235K11/230.63 mi20, Fallowfield Drive, Rochdale, Greater Manchester OL12 6LZ2
£162K03/240.63 mi51, Foxglove Court, Rochdale, Greater Manchester OL12 6XF2
£195K04/240.64 mi9, Hillside Walk, Rochdale, Greater Manchester OL12 6EB2
£190K07/240.64 mi13, Harebell Close, Rochdale, Greater Manchester OL12 6XW2
£126K07/230.65 mi4, Greenbank, Whitworth, Rochdale, Lancashire OL12 8SH2
£106.9K12/200.67 mi151, Churchill Street, Rochdale, Greater Manchester OL12 7DL2
£105K12/200.67 mi153, Churchill Street, Rochdale, Greater Manchester OL12 7DL2
£175K03/240.67 mi155, Shawclough Way, Rochdale, Greater Manchester OL12 6EE2
£175K03/240.67 mi155, Shawclough Way, Rochdale, Greater Manchester OL12 6EE2
£115K07/240.68 mi3, Mabel Street, Rochdale, Greater Manchester OL12 6LT2
£102.5K12/200.68 mi5, Hill Top, Whitworth, Rochdale, Lancashire OL12 8SG2
£119K12/200.7 mi7, Joseph Street, Rochdale, Greater Manchester OL12 6NB2
£105K12/200.7 mi17, Joseph Street, Rochdale, Greater Manchester OL12 6NB2
£97.5K05/210.7 mi3, Joseph Street, Rochdale, Greater Manchester OL12 6NB2
£215K09/230.7 mi7, Wykeham Grove, Rochdale, Greater Manchester OL12 7NE2
£106K12/220.72 mi19, Amy Street, Rochdale, Greater Manchester OL12 7NJ2
£125K11/230.72 mi11, Amy Street, Rochdale, Greater Manchester OL12 7NJ2
£187K12/220.72 mi79, Tonacliffe Road, Whitworth, Rochdale, Lancashire OL12 8SJ2
£115K07/230.74 mi17, Edwin Waugh Gardens, Rochdale, Greater Manchester OL12 6NH2
£131K11/200.74 mi17, Betony Close, Rochdale, Greater Manchester OL12 6XJ2
£178K01/230.74 mi27, Betony Close, Rochdale, Greater Manchester OL12 6XJ2
£182.5K08/230.74 mi17, Betony Close, Rochdale, Greater Manchester OL12 6XJ2
£142K10/230.74 mi31, Betony Close, Rochdale, Greater Manchester OL12 6XJ2
£155K03/240.74 mi23, Betony Close, Rochdale, Greater Manchester OL12 6XJ2
£173K03/230.75 mi2, Holbeck Avenue, Rochdale, Greater Manchester OL12 6DN2
£78K10/210.75 mi3, Bentinck Street, Rochdale, Greater Manchester OL12 7EJ2
£95K02/210.76 mi16, Great Lee, Rochdale, Greater Manchester OL12 6NJ2
£120K11/230.76 mi16, Great Lee, Rochdale, Greater Manchester OL12 6NJ2

Local Rents

36 rents from £700/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£90012/240.1 miRooley Moor Road, Rochdale2
£82506/240.37 mi3 Brackenlea Fold, Norden OL12 7GG 2
£79503/240.42 miHealey Hall Farm, Shawclough, Rochdale OL12 7HU2
£1,10012/240.5 miThe Windrush, Shawclough, OL122
£87504/250.61 mi-2
£79503/250.62 mi-2
£85001/250.67 mi-2
£87506/240.71 mi-2
£95004/250.71 mi-2
£87501/250.77 mi-2
£77512/240.77 miClarence Street, Shawclough, Rochdale, Greater Manchester, OL122
£80006/240.8 mi-2
£85012/240.8 mi-2
£79511/240.83 mi-2
£85002/250.83 mi-2
£89506/240.84 mi-2
£89506/240.84 mi-2
£93012/240.86 mi-2
£99506/240.92 miFalinge Fold, Rochdale, Greater Manchester, OL122
£89504/250.93 mi-2
£72506/230.93 mi-2
£79506/240.93 miShawfield Lane, Norden, OL12 7RQ2
£1,10012/240.98 miNorden, Rochdale2
£1,10004/241 mi-2
£1,15003/251 mi-2
£1,10006/241 miInglefield, Rochdale, OL112
£99506/241.05 miNorden, Rochdale, OL11 5DZ2
£70012/241.05 miBERNARD STREET, Healey, Rochdale OL12 0SJ2
£80006/241.1 miDenehurst Road, Rochdale - 2 BEDROOMS PLUS OFFICE2
£79504/241.1 mi-2
£77512/241.13 mi-2
£77512/241.13 mi-2
£70012/241.14 miIndustry Street, Norden, Rochale, OL112
£85012/241.16 miWALLBANK DRIVE, Whitworth, Rossendale OL12 8UL2
£87512/241.19 mi-2
£82506/241.2 miAshmount Drive, Shawclough, OL12 6HP2

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

1.64 miles away

Nearest school

0.30 miles away

Nearest train station

1.75 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £210,000

March 6, 2025

Floor Plans

Description

  • Detached True Bungalow +
  • Two Bedrooms +
  • Spacious Lounge / Diner +
  • Generous Plot +
  • Gardens to Front and Rear +
  • Driveway Parking +
  • Chain Free +
  • Modernisation Required +

ADAMSONS BARTON KENDAL are pleased to bring to the market this delightful true bungalow which features two double bedrooms, a spacious lounge/diner, gardens, and off-street parking. Situated in the desirable area of Rooley Moor, on the edge of lovely countryside, it’s an ideal choice for anyone looking to downsize. The property does require some modernisation, but is an excellent opportunity to add your own taste to this lovely home and is perfect for those seeking a more manageable home or those preferring single-story living.The property is set on a generous plot with plenty of garden space and off-street driveway parking for convenience.Inside, you’ll find an entrance hall leading to a lovely open-plan lounge/dining area with exposed beams and patio doors opening onto the rear decking. There’s also a modern wet room, two double bedrooms, and a kitchen.Located in the sought-after area of Rooley Moor, the property enjoys a fantastic position near Healey Dell Nature Reserve and offers easy access to the nearby village of Norden. Viewing is highly recommended.

Agent Details

Barton Kendal Residential, Rochdale

01706 335900

Next Steps?

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