# 4 bedroom semi-detached house for sale (OL16 2BA) ## Property Details | Key | Value | |-----|-------| | Address | 3 MILLVIEW LANE, ROCHDALE, GREATER MANCHESTER OL16 2BA | | Price | £169,950 | | Bedrooms | 4 | | Last sold | £160,000 Aug 2019 | ## Description Keystone are delighted to present this newly built family home with 4 bedroom close to Rochdale town centre and local amenities. Briefly comp; ground floor with downstairs bathroom, deceptively spacious living room leading to the second reception room(dining room), fully fitted kitchen with brand new wooden effect lino, white units , gas cooker and electric oven. This leads on to the first floor which benefits from two double bedrooms and one good size single bedroom, one of the bedroom is benefiting from a on suite bathroom with cubical shower as well as a 3 pieces white family bathroom with shower over the bath and brown wood effect lino . This property is also benefiting from brand new gas central heating with combi boiler, double glazed windows and brand new carpet throughout. Externally its benefiting from a huge garden at the back and a driveway for 2 cars. Please call keystone to arrange a viewing 01706 344 344 ## Property Photos - ![Photo](/listings/photos/52891908/355301) - ![Photo](/listings/photos/52891908/355303) - ![Photo](/listings/photos/52891908/355305) - ![Photo](/listings/photos/52891908/355307) - ![Photo](/listings/photos/52891908/355309) - ![Photo](/listings/photos/52891908/355311) - ![Photo](/listings/photos/52891908/355312) - ![Photo](/listings/photos/52891908/355314) - ![Photo](/listings/photos/52891908/355316) - ![Photo](/listings/photos/52891908/355317) - ![Photo](/listings/photos/52891908/355318) - ![Photo](/listings/photos/52891908/355319) - ![Photo](/listings/photos/52891908/355320) - ![Photo](/listings/photos/52891908/355321) - ![Photo](/listings/photos/52891908/355322) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 3 MILLVIEW LANE, ROCHDALE, GREATER MANCHESTER, OL16 2BA | £160,000 | 02/08/2019 | Semi-detached | | 3 MILLVIEW LANE, ROCHDALE, GREATER MANCHESTER, OL16 2BA | £144,995 | 23/03/2016 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 22 EGREMONT ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EP | £210,000 | 08/12/2025 | Semi-detached | | 75 BEECHFIELD ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EU | £310,000 | 28/11/2025 | Semi-detached | | 28 WOODLANDS ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4HA | £282,000 | 20/06/2025 | Semi-detached | | 42 BEECHFIELD ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EU | £213,000 | 19/12/2023 | Semi-detached | | 62 ASHFIELD LANE, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EW | £211,000 | 22/09/2023 | Semi-detached | | 51 EGREMONT ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EP | £220,000 | 18/05/2023 | Semi-detached | | 34 BEECHFIELD ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EU | £170,000 | 09/05/2023 | Semi-detached | | 24 LADYHOUSE CLOSE, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EB | £271,000 | 14/12/2022 | Semi-detached | | 17 EGREMONT ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EP | £185,000 | 26/10/2022 | Semi-detached | | 81 EGREMONT ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4ES | £180,000 | 14/10/2022 | Semi-detached | | 45A NEWHEY ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 3NP | £205,000 | 16/09/2022 | Semi-detached | | 59 EGREMONT ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4ES | £285,000 | 24/08/2022 | Semi-detached | | 7 LADYHOUSE CLOSE, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EB | £254,950 | 13/07/2022 | Semi-detached | | 22 LAMBOURNE GROVE, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4YA | £287,500 | 27/05/2022 | Semi-detached | | 40 EGREMONT ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EP | £231,000 | 06/05/2022 | Semi-detached | | 10 TYDEMAN WALK, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4YB | £252,000 | 29/04/2022 | Semi-detached | | 24 LADYHOUSE LANE, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EQ | £250,000 | 29/04/2022 | Semi-detached | | 24 LADYHOUSE LANE, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EQ | £250,000 | 29/04/2022 | Semi-detached | | 64 EGREMONT ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4ES | £180,000 | 05/04/2022 | Semi-detached | | 64 BEECHFIELD ROAD, MILNROW, ROCHDALE, GREATER MANCHESTER, OL16 4EU | £250,000 | 25/03/2022 | Semi-detached | **Area average:** £234,873 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £189,030 (33 Semi-detached, OL16, 2024–2026) - **Deviation:** -10.1% ## Rental Range *ONS Price Index of Private Rents (Rochdale). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £744/mo - **Realistic:** £827/mo - **Optimistic:** £910/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Oldham & Rochdale (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £947/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 | |------|------|------|------|------| | 4 Bed Semi-Detached House, Dean Street, OL16 | £1,349/mo | 4 | 1.93 miles | OpenRent | **Average rent: £1,349/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.79% (weak for cashflow) - **Max investor price (0.8%):** £168,625 - **Target investor price (1%):** £134,900 *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 £1,349/mo).* - **Gross yield:** 9.5% - **Cost-to-rent:** 10.5× - **Monthly cashflow:** £520/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 12.7% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 15.5% - **10y growth:** 33.1% ## House Price Index (HM Land Registry) *Official index for Rochdale; Semi-detached series; as of March 2026.* - **1y growth (index):** 4.4% - **5y growth (index):** 37.1% - **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)