2 Bed Terraced House, Single Let, Rochdale, OL11 2EZ, £120,000

Oldham Road, Rochdale, Greater Manchester, OL11 2EZ - 17 days ago

Leasehold
BTL
ROI: 8%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£60K - £167.5K
Sold Prices/m²£867/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£91,212

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

£650 - £950

Rent Estimate

£788

Running Costs/mo

£553

Cashflow/mo

£235

Cashflow/yr

£2,825

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £167.5K, average is £110.9K. £867/m² to £3.5K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£104K08/210.03 mi5, Burlington Street, Rochdale, Greater Manchester OL11 2EX2
£127.5K02/240.03 mi3, Burlington Street, Rochdale, Greater Manchester OL11 2EX2
£60K12/200.04 mi27, Lower Street, Rochdale, Greater Manchester OL16 4TG2
£122K12/220.06 mi94, Clarendon Street, Rochdale, Greater Manchester OL16 4UB2
£155K07/240.06 mi100, Clarendon Street, Rochdale, Greater Manchester OL16 4UB2
£106.5K09/230.07 mi39, Greenfield Street, Rochdale, Greater Manchester OL11 2JX2
£85K06/240.07 mi47, Greenfield Street, Rochdale, Greater Manchester OL11 2JX2
£78K04/230.07 mi58, Watkin Street, Rochdale, Greater Manchester OL16 4UJ2
£100K01/230.07 mi61, Watkin Street, Rochdale, Greater Manchester OL16 4UJ2
£145K04/240.11 mi32, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ2
£160K10/230.11 mi60, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ2
£88K04/210.11 mi54, Charlotte Street, Rochdale, Greater Manchester OL16 4TJ2
£100K06/210.12 mi23, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£127K09/230.12 mi10, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£90K11/230.12 mi15, Watkin Street, Rochdale, Greater Manchester OL16 4UH2
£132.5K02/210.13 mi22, Sedgley Avenue, Rochdale, Greater Manchester OL16 4TZ2
£122.5K04/210.16 mi8, Buersil Avenue, Rochdale, Greater Manchester OL16 4TP2
£140K12/230.17 mi67, Queen Victoria Street, Rochdale, Greater Manchester OL11 2HF2
£135K07/230.19 mi15, Schofield Street, Rochdale, Greater Manchester OL11 1BA2
£78.5K11/200.2 mi597, Oldham Road, Rochdale, Greater Manchester OL16 4SU2
£100K05/240.23 mi114, Queensway, Rochdale, Greater Manchester OL11 1TJ2
£114K12/200.24 mi20, Broad Lane, Rochdale, Greater Manchester OL16 4PG2
£167.5K10/230.24 mi11, Stiups Lane, Rochdale, Greater Manchester OL16 4XR2
£135K08/230.24 mi1, Crown Gardens, Rochdale, Greater Manchester OL16 5LG2
£60K03/210.25 mi32, Well Street, Rochdale, Greater Manchester OL11 1AX2
£81.5K01/210.25 mi15, Well Street, Rochdale, Greater Manchester OL11 1AX2
£102K03/210.25 mi47, Broad Lane, Rochdale, Greater Manchester OL16 4PL2
£140K11/220.27 mi84, Buersil Avenue, Rochdale, Greater Manchester OL16 4TR2
£111.8K09/230.28 mi2, Great Gates Close, Rochdale, Greater Manchester OL11 2HW2
£113K02/240.28 mi14, Great Gates Close, Rochdale, Greater Manchester OL11 2HW2
£108K11/200.29 mi73, Percy Street, Rochdale, Greater Manchester OL16 5LF2
£152K11/220.3 mi79, Percy Street, Rochdale, Greater Manchester OL16 5LF2
£67.5K12/200.31 mi37, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£94.5K06/230.31 mi15, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£90K03/240.31 mi9, Prince Street, Rochdale, Greater Manchester OL16 5LL2
£92K06/210.34 mi107, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£75K12/200.34 mi110, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£148K02/240.34 mi87, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£125K10/230.34 mi73, Prince Street, Rochdale, Greater Manchester OL16 5LJ2
£83K03/210.37 mi86, Royds Street, Rochdale, Greater Manchester OL16 5JS2
£105K02/230.39 mi10, Sandfield Road, Rochdale, Greater Manchester OL16 5LE2
£152K02/230.39 mi19, Sandfield Road, Rochdale, Greater Manchester OL16 5LE2
£80K03/210.4 mi10, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£110K02/240.4 mi27, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£115K12/220.41 mi9, Tennyson Street, Rochdale, Greater Manchester OL11 1LY2
£120K12/220.41 mi10, Moss Mill Street, Rochdale, Greater Manchester OL16 5JX2
£120K10/230.44 mi35, Muriel Street, Rochdale, Greater Manchester OL16 5JQ2
£160.5K10/230.44 mi28, Green Bridge Close, Rochdale, Greater Manchester OL11 1TL2
£104K01/240.45 mi20, Woodbine Street East, Rochdale, Greater Manchester OL16 5LB2
£115K05/230.45 mi98, Woodbine Street East, Rochdale, Greater Manchester OL16 5LB2

Local Rents

13 rents from £650/mo to £950/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£89512/240.07 mi-2
£92504/250.07 mi-2
£89504/250.19 mi-2
£85012/240.29 miPercy Street, Rochdale2
£89504/250.3 mi-2
£80012/240.35 miPrince Street, Rochdale2
£85006/240.35 miRhodes Crescent, Rochdale2
£87504/250.42 mi-2
£65006/240.48 miCanberra Way, Balderstone Place, Rochdale, Lancashire, OL112
£95003/250.51 mi-2
£92512/240.55 mi-2
£77511/230.59 mi-2
£92503/250.62 mi-2

Local Area Statistics

Population in OL11

45,506

Population in Rochdale

128,851

Town centre distance

1.69 miles away

Nearest school

0.10 miles away

Nearest train station

0.66 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £120,000

March 28, 2025

Floor Plans

Description

Cowell Norford are pleased to introduce to the market a FANASTIC OPPORTUNITY for FIRST TIME BUYERS or INVESTORS to purchase an EXTENDED TWO BEDROOM MID TERRACED, occupying a popular residential position, on the doorstep of excellent local amenities.

Internally the accommodation covers approximately just under 975sqft of living space, comprising of entrance vestibule, living room, dining room, kitchen, two bedrooms and family bathroom suite.

Externally the property has an enclosed rear yard.

EARLY VIEWINGS ARE RECOMMENDED

Agent Details

Cowell & Norford, Rochdale

01706 396399

Next Steps?

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