2-bedroom house · OL16 4UL
Listing removedListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Calling all investors! Ryder & Dutton are pleased to offer this two bed, end of terrace, in a good condition, located in Lowerplace, sold with tenant in situ and an annual yield of 6.5%.
Viewing strongly recommended. EPC: D. Investors only!
Situated in the popular Lowerplace area of Rochdale, this well-presented two-bedroom mid-terrace is an excellent opportunity for investors, offered for sale with a tenant in situ providing immediate rental income of £650 per Calander month, which at a sale price of £120,000 represents a healthy 6.5% yield.
The property features a spacious and welcoming lounge with a modern finish, leading through to a generous kitchen/diner fitted with ample storage and workspace, ideal for everyday living.
To the first floor are two well-proportioned bedrooms and a family bathroom, offering comfortable accommodation throughout.
Externally, the home benefits from a low-maintenance, stone-slabbed rear garden, perfect for relaxing or entertaining.
Conveniently positioned, the property enjoys easy access to a range of local amenities, reputable schools, and excellent transport links.
Rochdale town centre is just a short distance away, while nearby motorway connections, including the M62, provide straightforward routes to Manchester, Leeds, and beyond.
Offering fantastic value with a tenant already in place, this is a ready-made investment opportunity. EPC Rating D.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About 77, Watkin Street, Rochdale
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