2 Bed Flat, Single Let, Rochdale, OL11 3BZ, £120,000
184, Fairway, Rochdale, OL11 3BZ - 2 views - a month ago
Leasehold
BTL
ROI: 7%
57 m²





+1 photos
ValuationOvervalued
Sold Prices | £65K - £449.9K |
Sold Prices/m² | £1K/m² - £2.2K/m² |
| |
Square Metres | 57 m² |
Price/m² | £2.1K/m² |
Value Estimate | £88,523 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £30,000 |
Stamp Duty & Legal Fees | £7,200 |
Total Cash In | £37,200 |
| |
Cash Out | |
Rent Range | £695 - £990 |
Rent Estimate | £750 |
Running Costs/mo | £545 |
Cashflow/mo | £205 |
Cashflow/yr | £2,460 |
ROI | 7% |
Gross Yield | 8% |
Local Sold Prices
31 sold prices from £65K to £449.9K, average is £100K. £1K/m² to £2.2K/m², average is £1.6K/m².
Local Rents
13 rents from £695/mo to £990/mo, average is £775/mo.
Local Area Statistics
Population in OL11 | 45,506 |
Population in Rochdale | 128,851 |
Town centre distance | 2.89 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.26 miles away |
| |
Rental growth (12m) | +56% |
Sales demand | Balanced market |
Capital growth (5yrs) | +26% |
Property History
Listed for £120,000
March 26, 2025
Description
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