# 2 bedroom terraced house for sale (OL10 2HN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 15 MAGDALA STREET, HEYWOOD, GREATER MANCHESTER OL10 2HN |
| Price | £90,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 71 m² |
| Last sold | £96,500 Oct 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 06/07/2033
- **Current heating cost:** £911/year
- **Est. upgrade cost to C:** £11,500

### Recommendations
- B (£500 - £1,500)
- W1 (£800 - £1,200)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9800-4333-0722-2208-3373)

## Description

***CHAIN FREE**REFURBISHMENT REQUIRED**FANTASTIC LOCAL AMENITIES***

***PLEASE NOTE, THE ONLINE AUCTION WILL CLOSE ON 14/8 AT 12.00. TO REGISTER AND BID, PLEASE FOLLOW THIS LINK…   ***

This home is offered to market chain free!! The home would be vacant possession and is a must see! The home is priced competitively to attract early attention! The property would make an ideal purchase for a investor, first time buyer or even family's looking to downsize. The home comprises entrance into the reception room, kitchen dining space to the rear along with two generous bedrooms and family bathroom to the first floor. The property further benefits rear yard. This home is positioned within close proximity to local schools, amenities and transport links and is sure to generate mass interest, move fast if you want to be in with a chance of securing this one! CALL TODAY TO ARRANGE YOUR VIEWING!! 

Awaiting EPC! 

For Sale by Modern Auction – T & C’s apply

For sale is this two bedroom mid terrace located in Dinnington. The property is in need of a complete refurbishment but once done would make a perfect rental property. Great investor opportunity!!!

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

**IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:**

We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case. 

SHA220496/2

## Property Photos

- ![PHOTOGRAPHY](/listings/photos/135707834/1253235) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/135707834/1253236) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/135707834/1253237) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/135707834/1253238) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/135707834/1253239) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/135707834/1253240) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/135707834/1253241) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/135707834/1253242) - PHOTOGRAPHY

## Floorplans

- ![FLOOR-PLAN](/listings/photos/135707834/1253243) - FLOOR-PLAN

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 15 MAGDALA STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HN | £96,500 | 27/10/2023 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 26 SIDDALL STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2AS | £173,000 | 09/01/2026 | Terraced |
| 56 MIDDLETON ROAD, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HX | £105,000 | 11/12/2025 | Terraced |
| 16 CHARLES STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HP | £155,000 | 05/12/2025 | Terraced |
| 187 MANCHESTER ROAD, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2PP | £308,500 | 05/12/2025 | Terraced |
| 22 BYNG STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2JA | £125,500 | 24/11/2025 | Terraced |
| 27 GREGGE STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HD | £177,000 | 14/11/2025 | Terraced |
| 71 MIDDLETON ROAD, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HY | £155,000 | 25/09/2025 | Terraced |
| 24 SIDDALL STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2AS | £67,500 | 30/06/2025 | Terraced |
| 8 CANAL STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2JR | £120,000 | 20/12/2024 | Terraced |
| 66 GREGGE STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HD | £80,000 | 27/10/2023 | Terraced |
| 45 LOCK CLOSE, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2JS | £142,500 | 27/10/2023 | Terraced |
| 149A MANCHESTER ROAD, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HH | £180,000 | 21/09/2023 | Terraced |
| 28 CANAL STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2JR | £117,000 | 11/08/2023 | Terraced |
| 113 MANCHESTER ROAD, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HH | £103,500 | 04/08/2023 | Terraced |
| 15 SIDDALL STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2AS | £125,000 | 18/07/2023 | Terraced |
| 86 MIDDLETON ROAD, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HZ | £167,500 | 26/05/2023 | Terraced |
| 63 MIDDLETON ROAD, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HY | £177,500 | 26/05/2023 | Terraced |
| 49 MIDDLETON ROAD, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HY | £110,000 | 05/05/2023 | Terraced |
| 109 MIDDLETON ROAD, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2HY | £135,000 | 17/04/2023 | Terraced |
| 24 BYNG STREET, HEYWOOD, ROCHDALE, GREATER MANCHESTER, OL10 2JA | £57,500 | 02/03/2023 | Terraced |

**Area average:** £139,100 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £155,636 (59 Terraced, OL10, 2024–2026)
- **Deviation:** -42.2%

## Rental Range

*ONS Price Index of Private Rents (Rochdale). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £746/mo
- **Realistic:** £829/mo
- **Optimistic:** £912/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Canal Street, OL10 | £900/mo | 2 | 0.08 miles | OpenRent |
| 2 Bed Terraced House, Byng St, OL10 | £865/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Terraced House, Torrington St, OL10 | £750/mo | 2 | 0.12 miles | OpenRent |
| 2 Bed Terraced House, Torrington Street, OL10 | £750/mo | 2 | 0.12 miles | OpenRent |

**Average rent: £816/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.9% (okay)
- **Max investor price (0.8%):** £101,000
- **Target investor price (1%):** £80,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £808/mo).*

- **Gross yield:** 10.8%
- **Cost-to-rent:** 9.3×
- **Monthly cashflow:** £348/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 16%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,268/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 11.4%
- **10y growth:** 82.2%

## House Price Index (HM Land Registry)

*Official index for Rochdale; Terraced series; as of April 2026.*

- **1y growth (index):** 5.4%
- **5y growth (index):** 37.3%
- **10y growth (index):** 87.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)