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2 Bed Terraced House For Sale Howarth Street, Littleborough, OL15

£107,000- Terraced

Yield: 5.89%
1 of 13
Yield: 5.89%
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  • Rental Guide: £475 - £525
  • 2 Bedroom(s)
  • Description
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Key Features

  • Tenure: Leasehold
  • Two Bedroom Terraced House
  • Private Patio Garden To Rear
  • Spacious Rooms With A Recently Installed Shower And Suite
  • Close To Hare Hill Park And Littleborough Centre
  • No Onward Chain
  • Epc To Follow
Last Updated: 28th February 2020

Description

An attractive and well maintained terraced property, on the doorstep of both Hare Hill park and Littleborough village centre, and with access to schools and public transport nearby. The spacious accommodation comprises of a Lounge and a Dining Kitchen on the ground floor, with two good sized Bedrooms and a recently installed Shower Room on the first floor. Externally, there is an attractive private patio to the rear, with a small courtyard garden to the front. Enjoying a quiet location, and offered to the market with no onward chain, this property is considered ideal for first time buyers and investors alike.

Nearby Stations

  • Littleborough Rail Station (0.2 miles away)
  • Smithy Bridge Rail Station (1.2 miles away)
  • Kingsway Business Park (Manchester Metrolink) (2.7 miles away)
  • Milnrow Rail Station (closed) (2.7 miles away)
  • Milnrow (Manchester Metrolink) (2.7 miles away)

Nearby Schools

  • Holy Trinity Church of England Primary School (0.1 miles away)
  • Littleborough Community Primary School (0.4 miles away)
  • Littleborough Centre (0.4 miles away)
  • St Mary's Roman Catholic Primary School, Littleborough (0.4 miles away)
  • Stansfield Hall Church of England/Free Church Primary School (0.9 miles away)
Agent Details
Hunters
19 Hare Hill Road, Littleborough, OL15 9AD
Show Contact Number
01706 390 500
Bank of England Base Rate:
0.1%

Forecast Score

Based on our analysis this property has been scored as:
5.7

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
Data Strength:
0

Profitability

Good rental demand alongside mortgage availability and low interest rates forecast this property to increase in value.
1

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
6

Interest Rates

Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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Rental Data
2 bedroom properties in proximity are mostly listed £475 - £525 – 4 recently listed properties were found in that band. However, the highest were £585, £525, £525.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested