dealsourcr

3 Bed Semi-Detached House, Refurb/BRRR, Rochdale, OL16 5BB, £180,000

MILNROW ROAD, Kingsway, Rochdale, OL16 5BB - 2 views - a month ago

Leasehold
Refurb/BRRR
ROI: 4%
~93 m²
+10 photos

ValuationOvervalued

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

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£172,128

 

 

End Value (After Refurb)

£177,273

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Refurb Costs

£39,200

Bridging Loan Interest

£4,725

Total Cash In

£100,875

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£177,273

Mortgage (After Refinance)

£132,955

Mortgage LTV

75%

Cash Left In

£100,875

Equity

£44,318

Rent Range

£850 - £3,500

Rent Estimate

£1,142

Running Costs/mo

£802

Cashflow/mo

£340

Cashflow/yr

£4,075

ROI

4%

Gross Yield

8%

Local Sold Prices

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

PriceDateDistanceAddressBeds 
£132K11/200.03 mi229, Milnrow Road, Rochdale, Greater Manchester OL16 5BA3
£167.5K12/200.03 mi213, Milnrow Road, Rochdale, Greater Manchester OL16 5BA3
£218K01/230.03 mi213, Milnrow Road, Rochdale, Greater Manchester OL16 5BA3
£178.4K12/220.05 mi1, Margaret Avenue, Rochdale, Greater Manchester OL16 5BG3
£190K12/220.05 mi12, Margaret Avenue, Rochdale, Greater Manchester OL16 5BG3
£90K02/230.06 mi33, Rosefield Crescent, Rochdale, Greater Manchester OL16 5BD3
£141K10/210.06 mi6, Rosefield Crescent, Rochdale, Greater Manchester OL16 5BD3
£165K01/230.1 mi11, Bertha Road, Rochdale, Greater Manchester OL16 5BE3
£123K12/200.1 mi28, Bertha Road, Rochdale, Greater Manchester OL16 5BE3
£188K10/230.1 mi55, Bertha Road, Rochdale, Greater Manchester OL16 5BE3
£127K08/240.12 mi6, Kenworthy Terrace, Rochdale, Greater Manchester OL16 5AX3
£155K11/230.13 mi26, Rathbone Street, Rochdale, Greater Manchester OL16 5BH3
£165K04/240.14 mi268, Milnrow Road, Rochdale, Greater Manchester OL16 5BQ3
£176K08/230.18 mi9, Adrian Terrace, Rochdale, Greater Manchester OL16 5BN3
£185K12/230.22 mi27, Newbold Hall Gardens, Rochdale, Greater Manchester OL16 3AL3
£100K11/210.22 mi61, Belfield Lane, Rochdale, Greater Manchester OL16 2YB3
£70K01/210.22 mi79, Belfield Lane, Rochdale, Greater Manchester OL16 2YB3
£195K11/200.23 mi323, Milnrow Road, Rochdale, Greater Manchester OL16 5BU3
£184K12/230.23 mi319, Milnrow Road, Rochdale, Greater Manchester OL16 5BU3
£155K09/210.24 mi14, Merinall Close, Rochdale, Greater Manchester OL16 5BY3
£153K03/210.25 mi310, Kingsway, Rochdale, Greater Manchester OL16 4AB3
£138K12/200.29 mi2, Moss Avenue, Rochdale, Greater Manchester OL16 4AA3
£143K01/210.31 mi26, Penistone Avenue, Rochdale, Greater Manchester OL16 4AL3
£165K08/210.31 mi19, Penistone Avenue, Rochdale, Greater Manchester OL16 4AL3
£147K05/210.34 mi4, Woodlands View, Rochdale, Greater Manchester OL16 2UU3
£192K06/230.35 mi9, Deepdale Avenue, Rochdale, Greater Manchester OL16 4AN3
£138K12/230.36 mi389, Albert Royds Street, Rochdale, Greater Manchester OL16 3AA3
£105K04/230.37 mi6, Lyefield Walk, Rochdale, Greater Manchester OL16 5SR3
£177.5K01/230.4 mi372, Albert Royds Street, Rochdale, Greater Manchester OL16 5AD3
£95K11/200.42 mi367, Albert Royds Street, Rochdale, Greater Manchester OL16 3AB3
£135K04/230.42 mi22, Thames Street, Rochdale, Greater Manchester OL16 5NY3
£285K10/220.43 mi5, Cypress Gardens, Firgrove, Rochdale, Greater Manchester OL16 3BS3
£163K12/200.43 mi12, Cypress Gardens, Firgrove, Rochdale, Greater Manchester OL16 3BS3
£181K02/230.44 mi9, Holford Walk, Firgrove, Rochdale, Greater Manchester OL16 3BP3
£225K06/230.46 mi30, Juniper Drive, Firgrove, Rochdale, Greater Manchester OL16 3BE3
£242.5K03/230.46 mi38, Juniper Drive, Firgrove, Rochdale, Greater Manchester OL16 3BE3
£133K03/210.46 mi6, Juniper Drive, Firgrove, Rochdale, Greater Manchester OL16 3BE3
£210K08/230.46 mi22, Samson Street, Rochdale, Greater Manchester OL16 2XW3
£165K07/230.46 mi34, Croxton Avenue, Rochdale, Greater Manchester OL16 2XX3
£168K06/230.48 mi15, Coppy Bridge Drive, Rochdale, Greater Manchester OL16 3AQ3
£216.8K07/240.51 mi73, Knowl Road, Rochdale, Greater Manchester OL16 4BB3
£113K05/230.51 mi241, Entwisle Road, Rochdale, Greater Manchester OL16 2LJ3
£134K02/210.53 mi2, Field Road, Rochdale, Greater Manchester OL16 4AZ3
£165K09/210.53 mi36, Coppy Bridge Drive, Rochdale, Greater Manchester OL16 3AR3
£195.5K04/230.53 mi39, Belfield Mill Lane, Rochdale, Greater Manchester OL16 2UB3
£70K07/230.56 mi97, Bellshill Crescent, Rochdale, Greater Manchester OL16 2TU3
£155K08/230.56 mi127, Bellshill Crescent, Rochdale, Greater Manchester OL16 2TU3
£190K12/220.56 mi6, Dalton Avenue, Rochdale, Greater Manchester OL16 4AU3
£100K11/230.59 mi3, Holroyd Street, Rochdale, Greater Manchester OL16 1SX3

Local Rents

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

RentDateDistanceAddressBeds 
£1,09506/240.46 miRochdale, Milnrow, Firgrove, OL16, P33203
£85011/240.47 mi-3
£1,10010/240.55 mi-3
£85005/240.58 mi-3
£1,25011/230.61 mi-3
£1,25006/240.61 miFox Park Lane, Rochdale, OL163
£99512/240.72 mi-3
£99512/240.72 mi-3
£99512/240.72 mi-3
£99504/250.73 mi-3
£87506/240.86 miWoburn Close, Milnrow, Rochdale3
£3,50012/240.95 mi-3
£90012/240.97 mi-3
£90012/240.97 miMere Street, Rochdale, OL113
£1,08012/240.97 mi-3
£95010/230.99 mi-3
£1,15002/250.99 mi-3
£1,10012/241.04 mi-3
£1,10012/241.04 miBroad Lane, Rochdale, OL163
£89512/241.05 miCROFT MEWS, Milnrow, Rochdale OL16 3AS3
£95004/251.09 mi-3
£1,00001/251.13 mi-3
£1,20003/241.18 mi-3
£95012/241.24 miBEECHFIELD ROAD, Milnrow, Rochdale OL16 4HB3

Links

Local Area Statistics

Population in OL16

37,246

Population in Rochdale

128,851

Town centre distance

0.94 miles away

Nearest school

0.30 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £180,000

March 13, 2025

Floor Plans

Description

  • Semi-Detached House +
  • Three Bedrooms +
  • Three-Piece Bathroom +
  • Large Lounge +
  • Fitted Kitchen +
  • Large Rear Garden +
  • Private Driveway To the Side +
  • Convenient Location +
  • Close To Local Ammenities +
  • No Chain +

SEMI-DETACHED HOUSE offering fantastic potential whilst being situated in a popular yet convenient location on the doorstep of excellent local amenities including Kingsway retail park, good schools, supermarket and the Metrolink yet with easy access to Rochdale/Oldham town centres and the motorway network.

Internally, the property is in need of modernisation but offers ideal family living accommodation comprising of porch, hall, spacious lounge, fitted kitchen, THREE BEDROOMS and bathroom. The property also benefits from having gas central heating and upvc double glazing throughout.

Externally the property has a driveway to the side for multiple cars as well as an extensive lawn rear garden.

Agent Details

Reside Estate Agency, Rochdale

01706 335427

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

3 Bed House, Refurb/BRRR, Rochdale, OL16 5BD

£150,000

3 views • 2 months ago • 93 m²

Sold STC

3 Bed House, Refurb/BRRR, Rochdale, OL16 3AU

£139,950

7 months ago • 129 m²

Sold STC

2 Bed House, Refurb/BRRR, Rochdale, OL16 2LN

£100,000

14 views • 3 months ago • 68 m²

2 Bed House, Refurb/BRRR, Rochdale, OL16 2HD

£110,000

3 views • 2 months ago • 68 m²

dealsourcr
Deals
Deal SearchSaved SearchesSaved DealsAddress Lookup
Tools
Deal AnalyserRightmove LookupRefurb CalculatorNew Build CalculatorStamp Duty Calculator
Refer a friend. Get £140!My Account