Martin & Co says ..
SMALLBRIDGE - INVESTMENT OPPOTUNITY - LONGTERM TENANT IN SITU RENTAL PRICE £795 - GROSS YIELD 10.60%- THREE BEDROOM TOP FLOOR APARTMENT - NEWLY DECORATED THROUGHOUT - OFF ROAD PARKING - FOR SALE - AVAILABLE NOW
Property Oracle says ..
The property is a 3-bedroom apartment located in Smallbridge, Rochdale. The apartment appears to be in reasonable condition based on the provided images. The kitchen and bathroom seem recently updated or renovated, while the bedrooms and living areas present a more dated aesthetic. However, there is no visible evidence of significant disrepair. The property’s location is close to several schools, with Kentmere Primary Academy being the closest at 0.23km, which is rated as Outstanding by Ofsted. There are also several other schools within a 0.5km radius. The proximity to Smithy Bridge train station (2.66km) and Rochdale train station (3.18km) provides convenient access to public transportation. The lack of information regarding the property’s square footage and plot size prevents a complete assessment of land and price. However, comparing the list price of £90,000 to nearby properties, particularly those on Louise Gardens, suggests the price may be reasonable, especially considering the recent renovations to the kitchen and bathroom. The average price in the area is significantly higher (£472,681), but this average may be skewed by more expensive properties. More information on the property’s size would allow for a more precise analysis of its value.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 511,000.00 £Increased by 12.42 %
- Average area rental value
- 1,413.00 £/moDecreased by 25.47 %
- Est rental Yield
- 3.32 %Decreased by 33.73 %
- Crime Rate
- 0.00 %
Agent Activity
Martin & Co marked this listing as sold.
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Kentmere Primary Academy | Academy Sponsor Led | Outstanding | 0.23 KM |
| Meadows School | Other Independent Special School | Good | 0.37 KM |
| Alice Ingham Catholic Primary School, A Voluntary Academy | Academy Sponsor Led | 0.47 KM | |
| Great Howarth School | Other Independent Special School | Good | 0.49 KM |
| Hamer Community Primary School | Community School | Good | 0.55 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rhodes Street | £ 0 | 0 | 0.00 KM |
| Wesley Close | £ 0 | 0 | 0.00 KM |
| Great Howarth | £ 70,000 | 0 | 0.00 KM |
| Harold Street | £ 0 | 0 | 0.00 KM |
| Mill Gate | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Smithy Bridge | 2660 | SMB | 2.66 KM |
| Rochdale | 2924 | RCD | 3.18 KM |
| Littleborough | 2661 | LTL | 4.85 KM |
| Castleton (Manchester) | 2919 | CAS | 6.51 KM |
| Walsden | 2665 | WDN | 7.82 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Low Hill, Smallbridge | £ 90,000 | BUY | 6 / 10 | 0.00 KM |
| Louise Gardens, Wardle, OL12 9RZ | £ 155,000 | BUY | 5 / 10 | 0.04 KM |
| BUCKLEY VIEW, Smallbridge, Rochdale, OL12 9EB | £ 90,000 | BUY | Unknown | 0.10 KM |
| Louise Street Smallbridge | £ 100,000 | BUY | Unknown | 0.17 KM |
| Rhodes Street, Rochdale | £ 140,000 | BUY | 6 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 68 Louise Gardens | £ 54,000 | 0.02 KM |
| 67 Louise Gardens | £ 48,000 | 0.02 KM |
| 18 Louise Gardens | £ 77,000 | 0.07 KM |
| 11 Louise Close | £ 54,000 | 0.09 KM |
| 12 Louise Close | £ 73,500 | 0.09 KM |