3 Bed Terraced House, Refurb/BRRR, Oldham, OL2 6XF, £199,950

798 Rochdale Road, Royton, Oldham, OL2 6XF - a month ago

Leasehold
Refurb/BRRR
ROI: 1%
~93 m²
+8 photos

ValuationFair Value

Sold Prices£78K - £507.5K
Sold Prices/m²£1K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.1K/m²

Value Estimate

£203,949

 

 

End Value (After Refurb)

£247,664

Uplift in Value

+24%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£49,988

Stamp Duty & Legal Fees

£11,198

Refurb Costs

£39,267

Bridging Loan Interest

£5,249

Total Cash In

£107,450

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£247,664

Mortgage (After Refinance)

£185,748

Mortgage LTV

75%

Cash Released

£35,785

Cash Left In

£71,665

Equity

£61,916

Rent Range

£850 - £1,450

Rent Estimate

£1,157

Running Costs/mo

£1,025

Cashflow/mo

£132

Cashflow/yr

£1,580

ROI

1%

Gross Yield

7%

Local Sold Prices

50 sold prices from £78K to £507.5K, average is £245K. £1K/m² to £4.1K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£277K12/230.02 mi3, Lakeland Drive, Royton, Oldham, Greater Manchester OL2 6XE3
£244.9K04/210.04 mi6, Deepdale Avenue, Royton, Oldham, Greater Manchester OL2 6XD3
£340K11/220.08 mi23, Thornham Lane, Royton, Oldham, Greater Manchester OL2 6UW3
£195K03/210.1 mi7, Loughrigg Avenue, Royton, Oldham, Greater Manchester OL2 6XA3
£455K04/210.1 mi933, Oldham Road, Rochdale, Greater Manchester OL16 4SE3
£507.5K11/200.1 mi939, Oldham Road, Rochdale, Greater Manchester OL16 4SE3
£212.5K09/230.1 mi961, Oldham Road, Rochdale, Greater Manchester OL16 4SE3
£235K03/210.1 mi11, Thornham Lane, Royton, Oldham, Greater Manchester OL2 6UW3
£340K05/210.11 mi968, Oldham Road, Rochdale, Greater Manchester OL11 2BS3
£440K08/230.11 mi948, Oldham Road, Rochdale, Greater Manchester OL11 2BS3
£225K11/200.13 mi12, St James Close, Rochdale, Greater Manchester OL16 4SJ3
£245K04/230.14 mi6, Grisedale Avenue, Royton, Oldham, Greater Manchester OL2 6XB3
£195K03/210.14 mi12, Cliftonville Road, Rochdale, Greater Manchester OL16 4SG3
£262.5K07/210.14 mi10, Cliftonville Road, Rochdale, Greater Manchester OL16 4SG3
£315K12/230.14 mi25, Cliftonville Road, Rochdale, Greater Manchester OL16 4SG3
£210K08/210.17 mi17, Mardale Avenue, Royton, Oldham, Greater Manchester OL2 6UT3
£185K08/210.17 mi67, Springfield Lane, Royton, Oldham, Greater Manchester OL2 6XW3
£350K12/230.19 mi5, Marsden Close, Rochdale, Greater Manchester OL16 4SD3
£165K11/200.2 mi679, Rochdale Road, Royton, Oldham, Greater Manchester OL2 5UT3
£310K03/210.24 mi104, Shaw Road, Rochdale, Greater Manchester OL16 4SQ3
£265K03/210.24 mi76, Shaw Road, Rochdale, Greater Manchester OL16 4SQ3
£295K05/230.34 mi913, Oldham Road, Rochdale, Greater Manchester OL16 4RY3
£367.5K09/230.36 mi896, Oldham Road, Rochdale, Greater Manchester OL11 2BN3
£253.8K09/230.43 mi11, Newark Park Way, Royton, Oldham, Greater Manchester OL2 5YQ3
£170K11/200.43 mi24, Newark Park Way, Royton, Oldham, Greater Manchester OL2 5YQ3
£302K12/220.43 mi9, Newark Park Way, Royton, Oldham, Greater Manchester OL2 5YQ3
£295K07/230.47 mi1, Sandringham Way, Royton, Oldham, Greater Manchester OL2 5YH3
£305K12/220.48 mi111, Grasmere Road, Royton, Oldham, Greater Manchester OL2 6SW3
£232K02/230.5 mi9, Brecon Close, Royton, Oldham, Greater Manchester OL2 5YG3
£78K10/210.5 mi4, Lewisham Close, Royton, Oldham, Greater Manchester OL2 5YD3
£140K06/210.52 mi490, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6TR3
£170K09/230.52 mi86, Grasmere Road, Royton, Oldham, Greater Manchester OL2 6SJ3
£285K07/220.52 mi13, Grasmere Road, Royton, Oldham, Greater Manchester OL2 6SR3
£187K07/240.53 mi576, Oldham Road, Rochdale, Greater Manchester OL11 2AZ3
£158.3K10/200.55 mi14, Hawkshead Drive, Royton, Oldham, Greater Manchester OL2 6TW3
£215K02/210.55 mi6, Hawkshead Drive, Royton, Oldham, Greater Manchester OL2 6TW3
£328.3K09/230.55 mi11, Buttermere Grove, Royton, Oldham, Greater Manchester OL2 6SX3
£320K12/220.57 mi19, Borrowdale Close, Royton, Oldham, Greater Manchester OL2 6TN3
£242K05/210.57 mi19, Borrowdale Close, Royton, Oldham, Greater Manchester OL2 6TN3
£175K04/210.62 mi22, Ash Grove, Royton, Oldham, Greater Manchester OL2 6TJ3
£182K12/200.62 mi14, Ash Grove, Royton, Oldham, Greater Manchester OL2 6TJ3
£168K03/210.62 mi4, Coniston Grove, Royton, Oldham, Greater Manchester OL2 6TA3
£115K12/200.62 mi444, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6TS3
£273K06/230.64 mi19, Beechwood Drive, Royton, Oldham, Greater Manchester OL2 5XR3
£185.5K03/210.64 mi28, Beechwood Drive, Royton, Oldham, Greater Manchester OL2 5XR3
£345K07/210.64 mi50, Tandlewood Park, Royton, Oldham, Greater Manchester OL2 5UZ3
£300K11/230.64 mi17, Tandlewood Park, Royton, Oldham, Greater Manchester OL2 5UZ3
£360K11/200.64 mi1, Tandlewood Park, Royton, Oldham, Greater Manchester OL2 5UZ3
£185K08/230.66 mi3, Oak Avenue, Royton, Oldham, Greater Manchester OL2 6TB3
£183K03/230.66 mi13, Fairway Crescent, Royton, Oldham, Greater Manchester OL2 6TT3

Local Rents

20 rents from £850/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85006/240.04 miThornham Court Royton. 3
£1,10006/240.57 mi-3
£1,20003/250.57 mi-3
£1,25006/240.74 miGinnell Farm Avenue, Rochdale3
£1,10006/240.79 miRochdale Road, Royton, Oldham, Greater Manchester, OL23
£1,10012/240.82 miApple Tree Way, Rochdale, OL163
£97506/240.86 miDogford Road, Royton3
£1,10012/240.92 mi-3
£1,30006/240.94 miDenbydale Way, Royton, Oldham, Greater Manchester, OL23
£1,45006/240.94 miHill Top Drive, Rochdale, OL113
£1,45006/240.94 mi-3
£1,30004/250.94 mi-3
£1,40003/251.07 mi-3
£1,15004/251.18 mi-3
£1,10012/241.2 mi-3
£1,10012/241.2 miBroad Lane, Rochdale, OL163
£1,25004/251.22 mi-3
£1,00012/241.22 mi-3
£90012/241.22 mi-3
£90012/241.22 mi-3

Local Area Statistics

Population in OL2

42,193

Population in Oldham

182,174

Town centre distance

2.67 miles away

Nearest school

0.20 miles away

Nearest train station

1.86 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Listed for £199,950

March 25, 2025

Floor Plans

Description

  • No Chain +
  • Tandle Hill Country Park Minutes Away +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Great Location +
  • In Need Of Updating +
  • Close To Local Shops +
  • EPC: +

NO CHAIN. Offered for sale is this three bedroom terraced property located in Thornham. This bigger than average terraced property is in need of updating. Accommodation comprising: Entrance porch, hallway, living room, lounge/dining room and a kitchen. To the first floor there are three bedrooms and a bathroom. Externally there is a small yard with a brick built storage shed. Local shops within walking distance.  PORCH uPVC door, entrance to the hallway. HALLWAY - 3.35m x 1.09m (11'0" x 3'7") Ornate coving, stairs to the first floor. LIVING ROOM - 3.73m x 3.43m (12'3" x 11'3") Front aspect, bay uPVC window, electric fire, carpeted, radiator. LOUNGE/DINING ROOM - 4.57m x 3.73m (15'0.1" x 12'3") Rear aspect, under stairs cupboard, carpeted, uPVC window. KITCHEN - 3.12m x 2.06m (10'3" x 6'9") Rear aspect, uPVC window, sink unit, wall and base units. LANDING Carpeted, radiator. BEDROOM ONE - 4.55m x 2.92m (14'11" x 9'7") Rear aspect. uPVC window, radiator. BEDROOM TWO - 2.84m x 2.77m (9'4" x 9'1") Front aspect, uPVC window, radiator. BEDROOM THREE - 3.58m x 1.78m (11'9" x 5'10") Front aspect, uPVC window, radiator. BATHROOM - 2.82m x 1.68m (9'3" x 5'6") A White suite comprising: fitted bath with shower over, low level WC, wash hand basin, uPVC window. EXTERNALLY To the rear is a yard with rear access. Brick built store. To the front is a brick retaining wall and path to the front door. ADDITIONAL INFORMATION TENURE:  Leasehold - Ground Rent £2.00 pa - Solicitor to confirm details. COUNCIL BAND: B -  Please note these are subject to change occasionally, so we advise you make your own checks with the local council prior to completion. VIEWING ARRANGEMENTS: Strictly by appointment with the agents. NTS MATERIAL INFORMATION PACK AVAILABLE AGENTS NOTE Whilst every care has been taken to prepare these sales particulars they are for guidance purposes only. Potential buyers should fully investigate any issues that maybe personally important to them prior to completion. All measurements are approximate and are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements. Fixtures and Fittings stated as included in the property are based on achieving the asking price.

Agent Details

Kirkham Property, Chadderton

0161 524 9694

Next Steps?

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