2-bedroom semi-detached house · OL11 5SG
Listing removedListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY Martin & Co are delighted to offer For Rent this TWO BEDROOM, TWO RECEPTION ROOM SEMI-DETACHED HOUSE situated in the heart of Bamford, within a short commute to Norden and Bamford Village amenities and popular schooling.
The property briefly comprises of an entrance porch leading through to a spacious lounge, dining room, modern fitted kitchen with various integrated appliances including fridge freezer, dishwasher and electric oven & gas hob, conservatory and a modern shower room.
To the first floor there are two good sized bedrooms and a modern shower room.
Externally the property has the added benefit of a driveway with parking for up to two vehicles and a good size garden to the side and rear. Early viewings are highly recommended!
PORCH 5' 9" x 3' 9" (1.75m x 1.14m) Neutral decor, carpet, UPVC door LOUNGE 16' 5" x 14' 8" (5m x 4.47m) Neutral decor, carpet, radiator, UPVC window DINING AREA 8' 8" x 8' 2" (2.64m x 2.49m) Neutral decor, tiled flooring, radiator KITCHEN 13' 8" x 8' 8" (4.17m x 2.64m) Neutral decor, a range of modern wall and base units with integrated fridge/freezer, dishwasher & electric oven/gas hob, SS sink, tiled floor, UPVC window, radiator CONSERVATORY 9' 5" x 7' 5" (2.87m x 2.26m) Neutral decor, laminate flooring, UPVC windows all round, UPVC door to garden DOWNSTAIRS SHOWER ROOM 8' 5" x 6' 5" (2.57m x 1.96m) Neutral decor, fully tiled walls & floor, white toilet and wash hand basin built into unit, walk in shower cubicle, chrome towel rail / heater, mirror, UPVC window MASTER BEDROOM 11' 2" x 10' 0" (3.4m x 3.05m) Neutral decor, carpet, UPVC window, radiator BEDROOM TWO 9' 10" x 8' 8" (3m x 2.64m) Neutral decor, carpet, UPVC window, radiator SHOWER ROOM 6' 4" x 5' 11" (1.93m x 1.8m) Neutral decor, fully tiled walls & floor, white toilet and wash hand basin built into unit,shower cubicle, chrome towel rail / heater, mirror, UPVC window EXTERNALS Driveway offering off road parking for up to two vehicles and a good size garden to the side and rear.
APPLICATION REQUIREMENTS A pre-application pack will be emailed you upon booking a viewing, this must be filled out and returned to us prior to your viewing taking place.
A holding deposit equivalent to 1 weeks rent will be required to reserve the property while referencing checks are being carried out.
With the tenants' consent this holding deposit will be refunded against the first month's rent.
The holding deposit can be retained if the applicant provides false or misleading information, fails Right to Rent checks, withdraws from the property or fails to take reasonable steps to enter into the tenancy within five working days.
In accordance with the Tenant Fees Act applicants will be required to enter into the tenancy agreement no more than 15 days after paying the holding deposit.
Failure to do so for any of the afore mentioned reasons will result in you losing your holding deposit.
An extension to the deadline may be entered into if agreed in writing by all parties to a maximum of 28 days.
REFERENCE CHECKS AND CREDIT WORTHINESS All applicants must be over the age of 21 All applicants will be subject to a credit check carried out by a 3rd party to check for adverse credit (ie CCJ's, bankruptcy, IVAs, Debt Management Plans, etc) and your credit score must be at least 650 out of 1000 Applicants will need to provide proof of an income of at least 30x the monthly rent.
If employed, this must be on a permanent contract and an employment reference will be required.
If self-employed, applicants will need to provide 12 months evidence of income, either via self-assessment tax returns or a reference from an accountant.
If retired, pension award letters will be required.
LHA applicants and anyone who does not meet the above criteria will need to provide a guarantor who is working (permanent contract), has a clear credit history and is able to provide proof of an income of 36x the monthly rent We will also require a positive previous landlord reference (if applicable) and proof of address history, usually up to 3 years RIGHT TO RENT CHECKS From the 1st of February 2016 the 'Right to Rent' government scheme came into effect.
This requires all Agents to check the documents of prospective tenants when applying for a rental property.
When coming to view a property with Martin & Co we ask that you bring with you the appropriate document(s) in case you wish to proceed with an application.
The simplest way to conform to the regulation is to bring a valid British/EU passport or Visa (valid for the entirety of the initial tenancy term) with you, along with some form of proof of address.
If you do not have a passport, please ask a member of staff for more information.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Bamford, Rochdale
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