3 Bed Terraced House, Refurb/BRRR, Rochdale, OL12 7PP, £210,000

EDENFIELD ROAD, Norden, Rochdale OL12 7PP - 2 views - 2 months ago

Refurb/BRRR
~93 m²
+13 photos

ValuationFair Value

Sold Prices£100K - £410K
Sold Prices/m²£1.1K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£210,000

 

 

End Value (After Refurb)

£259,132

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£11,700

Refurb Costs

£39,200

Bridging Loan Interest

£5,513

Total Cash In

£110,663

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£259,132

Mortgage (After Refinance)

£194,349

Mortgage LTV

75%

Cash Released

£36,849

Cash Left In

£73,814

Equity

£64,783

Rent Range

£875 - £1,250

Rent Estimate

£1,014

Running Costs/mo

£1,033

Cashflow/mo

£-19

Cashflow/yr

£-223

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £410K, average is £230K. £1.1K/m² to £4.9K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£225K03/240.04 mi734, Edenfield Road, Rochdale, Greater Manchester OL12 7PP3
£240K07/230.06 mi21, Martins Field, Rochdale, Greater Manchester OL12 7NT3
£270K07/240.07 mi53, Shawfield Lane, Rochdale, Greater Manchester OL12 7RQ3
£197K12/200.09 mi38, Elmsfield Avenue, Rochdale, Greater Manchester OL11 5XN3
£230K04/240.09 mi66, Elmsfield Avenue, Rochdale, Greater Manchester OL11 5XN3
£247.5K07/230.12 mi57, Elmsfield Avenue, Rochdale, Greater Manchester OL11 5XW3
£220K12/230.14 mi4, Seven Acres Lane, Rochdale, Greater Manchester OL12 7RL3
£162K12/200.14 mi39, Brooks End, Rochdale, Greater Manchester OL11 5XX3
£175K11/200.14 mi29, Brooks End, Rochdale, Greater Manchester OL11 5XX3
£307K09/230.17 mi28, Inglefield, Rochdale, Greater Manchester OL11 5XL3
£200K10/230.17 mi8, Inglefield, Rochdale, Greater Manchester OL11 5XL3
£222.5K01/230.17 mi4, Inglefield, Rochdale, Greater Manchester OL11 5XL3
£220K06/230.17 mi68, Keepers Drive, Rochdale, Greater Manchester OL12 7RH3
£230K01/210.17 mi4, Keepers Drive, Rochdale, Greater Manchester OL12 7RH3
£345K02/230.17 mi66, Keepers Drive, Rochdale, Greater Manchester OL12 7RH3
£260K09/230.17 mi13, Keepers Drive, Rochdale, Greater Manchester OL12 7RH3
£100K03/210.17 mi28, Ashbourne Street, Rochdale, Greater Manchester OL11 5SW3
£232.5K06/210.18 mi2, Highwood, Rochdale, Greater Manchester OL11 5XP3
£205K10/230.18 mi72, Shelfield Lane, Rochdale, Greater Manchester OL11 5XY3
£170K05/210.18 mi89, Shelfield Lane, Rochdale, Greater Manchester OL11 5XY3
£250K02/230.22 mi664, Edenfield Road, Rochdale, Greater Manchester OL12 7QE3
£206K11/200.24 mi103, Elmsfield Avenue, Rochdale, Greater Manchester OL11 5XA3
£285K06/210.25 mi63, Seven Acres Lane, Rochdale, Greater Manchester OL12 7RW3
£318K12/230.25 mi51, Seven Acres Lane, Rochdale, Greater Manchester OL12 7RW3
£280K12/200.25 mi93, Seven Acres Lane, Rochdale, Greater Manchester OL12 7RW3
£171K12/200.27 mi17, Westfield Close, Rochdale, Greater Manchester OL11 5XB3
£376.5K11/230.27 mi22, Farnley Close, Rochdale, Greater Manchester OL12 7SQ3
£276K05/240.27 mi10, Wallwork Close, Rochdale, Greater Manchester OL11 5FB3
£220K09/210.28 mi14, Shaddock Avenue, Rochdale, Greater Manchester OL12 7QA3
£335K07/230.29 mi62, Fisherfield, Rochdale, Greater Manchester OL12 7QS3
£240K03/210.29 mi8, Broad Acre, Rochdale, Greater Manchester OL12 7RP3
£178.5K04/210.3 mi39, Shelfield Lane, Rochdale, Greater Manchester OL11 5YD3
£165K03/210.31 mi622, Edenfield Road, Rochdale, Greater Manchester OL12 7QE3
£185K12/200.31 mi634, Edenfield Road, Rochdale, Greater Manchester OL12 7QE3
£225K12/220.31 mi151, Elmsfield Avenue, Rochdale, Greater Manchester OL11 5XA3
£161K08/210.32 mi707, Edenfield Road, Rochdale, Greater Manchester OL11 5SX3
£410K09/210.34 mi23, Moor Hill, Rochdale, Greater Manchester OL11 5YB3
£250K08/210.36 mi12, Ellis Fold, Rochdale, Greater Manchester OL12 7RR3
£290K03/210.37 mi14, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£192K06/210.37 mi47, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£227.5K04/210.37 mi69, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£131K11/220.37 mi61, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£250K06/210.37 mi42, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£215.5K10/230.37 mi49, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£242K11/220.37 mi59, Oakshaw Drive, Rochdale, Greater Manchester OL12 7PF3
£327K07/230.38 mi7, Clayfield Drive, Rochdale, Greater Manchester OL11 5RL3
£248K11/200.41 mi5, Wickentree Holt, Rochdale, Greater Manchester OL12 7PQ3
£300K12/230.43 mi50, Nordale Park, Rochdale, Greater Manchester OL12 7RT3
£195K09/210.43 mi749, Edenfield Road, Rochdale, Greater Manchester OL11 5TT3
£280K12/200.44 mi26, Bagslate Moor Road, Rochdale, Greater Manchester OL11 5XT3

Local Rents

15 rents from £875/mo to £1.3K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£1,00004/250.17 mi-3
£95006/240.18 mi-3
£95010/240.18 mi-3
£99506/240.18 miShelfield Lane Norden. 3
£95006/240.24 mi-3
£90006/240.3 mi52 Whitefield Avenue, Norden OL11 5YG3
£1,25006/240.83 miPartridge Close, Rochdale, Greater Manchester, OL113
£90006/240.88 miRooley Moor Road, Rochdale3
£1,07512/240.94 miMOUNTAIN ASH, Rooley Moor, Rochdale OL12 7JE3
£92501/250.96 mi-3
£97506/241 miGreat Flatt, Rochdale3
£1,15004/251.03 mi-3
£99506/241.04 miWar Office Road, Bamford, Rochdale, OL113
£1,25006/241.13 miCranbourne Road, Bamford, OL11 5JD3
£87511/241.2 mi-3

Local Area Statistics

Population in OL12

45,900

Population in Rochdale

128,851

Town centre distance

2.33 miles away

Nearest school

0.20 miles away

Nearest train station

2.19 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £210,000

March 9, 2025

Floor Plans

Description

  • Deceptively Spacious +
  • End-Terraced House +
  • In The Heart Of Norden Village +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Modern Fitted Kitchen +
  • Basement Level Storage +
  • Garden Fronted & Shared Rear Garden +
  • In Need Of Some Modernisation +
  • No Chain +

Located in the heart of Norden village, this END-TERRACED HOUSE offers ideal first time buyer living accommodation and fantastic potential! Being in such a prime location in the area you have easy access to all the local amenities including schools and transport links. The house boasts an attractive stone exterior, with a garden at the front.

Internally, the deceptively spacious home offers ideal first time buyer living accommodation comprising of an entrance hall, TWO RECEPTION ROOMS, a modern kitchen, basement level storage, THREE BEDROOMS and a four-piece bathroom. The property also benefits from having gas central heating and upvc double glazing throughout.

Located in the heart of the village, the cottage style property occupies a corner plot with forecourt garden that could easily be enclosed. To the rear, a shared garden with two neighbouring properties.

Agent Details

Reside Estate Agency, Rochdale

01706 335427

Next Steps?

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