2 Bed Terraced House, Cash/Bridging Only, Mossley, OL5 9HX, £185,000

King Street, Mossley, OL5 9HX - a month ago

Sold STC
Cash
ROI: 1%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£57.6K - £315K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£152,578

 

 

End Value (After Refurb)

£168,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,450

Refurb Costs

£28,800

Bridging Loan Interest

£4,856

Total Cash In

£92,106

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£168,000

Mortgage (After Refinance)

£126,000

Mortgage LTV

75%

Cash Left In

£92,106

Equity

£42,000

Rent Range

£550 - £1,245

Rent Estimate

£823

Running Costs/mo

£710

Cashflow/mo

£113

Cashflow/yr

£1,361

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £57.6K to £315K, average is £151.8K. £1.2K/m² to £3.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£160K03/210.01 mi32, King Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HX2
£145K06/210.01 mi26, King Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HX2
£57.6K02/230.09 mi33, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£235K11/220.09 mi8, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£176K02/230.1 mi32, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£147K01/240.11 mi28, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£112K05/210.12 mi59, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£140K03/210.12 mi49, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£140K02/210.12 mi37, Micklehurst Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JF2
£80K07/210.12 mi35, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NT2
£240K07/220.12 mi37, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£170K11/200.12 mi8, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£160K02/230.13 mi10, Derby Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NU2
£232K12/220.13 mi26, The Spindles, Mossley, Ashton-under-lyne, Greater Manchester OL5 9SA2
£175K12/230.14 mi5, Audley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NQ2
£156.5K04/240.15 mi51, Cheshire Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NW2
£144K01/210.15 mi5, Audley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NQ2
£129K12/200.16 mi14, Tabley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PD2
£160K05/230.16 mi10, Tabley Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PD2
£144K12/200.16 mi21, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£151.5K07/210.16 mi49, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£140K01/210.16 mi47, Brunswick Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NX2
£175K05/230.16 mi24, Denbigh Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PB2
£142K06/210.17 mi11, Andrews Buildings, Mossley, Ashton-under-lyne, Greater Manchester OL5 9JH2
£165K07/230.17 mi16, The Uplands, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EZ2
£165K08/230.23 mi71, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EB2
£130K04/210.23 mi55, Station Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EB2
£148.5K02/210.27 mi72, Bury Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9HN2
£210K06/220.28 mi10, Richmond Crescent, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LQ2
£178.8K07/230.29 mi26, Queensway, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PA2
£150K09/230.29 mi11, Cemetery Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PQ2
£127K06/220.31 mi62, Winterford Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9EQ2
£167.5K05/210.32 mi121, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AA2
£225K10/220.32 mi11, Marle Rise, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LJ2
£272.5K09/220.34 mi99, Staley Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9PL2
£135K01/210.34 mi279, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AN2
£185K12/220.34 mi227, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AN2
£245K12/220.35 mi283, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9AN2
£146K05/210.35 mi2, Stanhope Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LX2
£152K08/230.35 mi16, Stanhope Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LX2
£202K03/230.36 mi101, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LU2
£125K08/230.36 mi53, Egmont Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NB2
£142K03/240.36 mi27, Egmont Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9NB2
£315K03/240.37 mi8, The Manse, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DP2
£170.5K09/230.37 mi4, Park Terrace, Mossley, Ashton-under-lyne, Greater Manchester OL5 0AU2
£127.5K11/200.37 mi1, Bury Street, Mossley, Ashton-under-lyne, Greater Manchester OL5 9ND2
£145K02/210.38 mi34, Highfield Drive, Mossley, Ashton-under-lyne, Greater Manchester OL5 0DW2
£90K04/210.38 mi51, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2
£175K02/230.38 mi71, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2
£145K02/240.39 mi55, Manchester Road, Mossley, Ashton-under-lyne, Greater Manchester OL5 9LZ2

Local Rents

33 rents from £550/mo to £1.2K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£55010/240.09 mi-2
£75006/240.11 mi-2
£75006/240.11 mi-2
£85004/250.11 mi-2
£82511/230.13 mi-2
£72512/230.13 mi-2
£79510/240.13 mi-2
£79512/230.14 mi-2
£79512/230.14 mi-2
£75006/240.14 mi-2
£85008/240.21 miWaggon Road, Mossley, Ashton-Under-Lyne, OL52
£85006/240.21 miWaggon Road, Ashton-under-lyne, OL52
£80011/230.23 mi-2
£82501/250.23 mi-2
£80006/240.27 miBorder Mill Fold, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£69507/240.34 mi-2
£1,24503/240.35 miStamford Road, OL52
£79502/240.36 mi-2
£79503/240.4 miPark Street, OL52
£85008/240.42 miCarter Street, Mossley, Ashton-under-Lyne, Greater Manchester, OL52
£80006/240.44 miMountain Street, Mossley, Ashton-Under-Lyne2
£89506/240.49 miLORNE STREET, Mossley, OL52
£79507/240.5 miBirbeck Street, OL52
£1,05007/240.53 mi-2
£82506/240.54 mi-2
£84502/240.54 mi-2
£84502/240.54 mi-2
£85007/240.55 miSeel Street, Mossley2
£65003/240.59 mi-2
£92507/240.6 miStockport Road, Mossley, OL52
£82508/230.61 mi-2
£85012/240.61 mi-2
£85007/240.61 miDyson Street, OL52

Local Area Statistics

Population in OL5

10,957

Town centre distance

0.27 miles away

Nearest school

0.10 miles away

Nearest train station

0.33 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £185,000

March 19, 2025

Floor Plans

Description

  • Two Bedrooms +
  • End Terrace +
  • Countryside Views To Rear +
  • Utility Room +
  • Garden To Rear +
  • Viewing Essential! +

This beautifully presented two-bedroom end-terrace home is located in the highly desirable Mossley area, offering stunning open countryside views to the rear. With a perfect blend of character and modern style, this charming property is ideal for first-time buyers looking for a comfortable and well-connected home.

The welcoming lounge features a cosy log burner, creating a warm and inviting atmosphere, while the modern kitchen provides ample storage and workspace, complemented by a separate utility room for added convenience. Upstairs, two well-proportioned bedrooms offer comfortable living space, while the stylish and contemporary bathroom adds a touch of luxury.

Outside, the rear yard leads to an access road, beyond which lies a private enclosed garden—an ideal spot for relaxation or entertaining.

The property is within easy reach of excellent local amenities, highly regarded schools, and superb transport links, making it a convenient choice for commuters. Additionally, the nearby canalside walks offer a peaceful escape into nature, perfect for outdoor enthusiasts.

This is a fantastic opportunity to acquire a delightful home in a prime location, combining scenic surroundings with modern living. Viewing Highly Recommended

Ground Floor -

Lounge - 3.72m x 3.89m (12'2" x 12'9") - Door to front, double glazed window to front, inglenook fireplace with log burner, radiator, door leading to:

Kitchen - 3.73m x 3.89m (12'3" x 12'9") - Fitted with a matching range of base units with worktop space over, inset sink and drainer with mixer tap, integrated fridge/freezer, built-in oven, built-in hob, double glazed window to rear, radiator, stairs leading to first floor, door to storage cupboard, door leading to:

Utility - 2.00m x 3.89m (6'7" x 12'9") - Plumbing for washing machine, space for tumble dryer, double glazed window to rear, door leading out to rear.

First Floor -

Landing - Doors leading to:

Bedroom 1 - 3.73m x 3.89m (12'3" x 12'9") - Double glazed window to front, radiator, built-in wardrobes.

Bedroom 2 - 1.93m x 3.89m (6'4" x 12'9") - Double glazed window to side, double glazed window to rear, radiator, door to storage cupboard.

Bathroom - 1.71m x 2.13m (5'7" x 7'0") - Three piece suite comprising panelled bath with shower over, wash hand basin and low-level WC, tiled walls, radiator.

Outside - Enclosed yard area to rear leading to access road. Enclosed private garden beyond.

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.

-

Agent Details

Home Estate Agents Ltd, Stalybridge

0161 524 4847

Next Steps?

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