Sold STC Terraced

8 PROSPECT STREET

ROCHDALE, GREATER MANCHESTER OL11 1QR

2 beds 1 baths 786 sq ft Listed 19 Jan 2020 (-2337d)

£75,000

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# 2 bedroom terraced house for sale (OL11 1QR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 8 PROSPECT STREET, ROCHDALE, GREATER MANCHESTER OL11 1QR |
| Price | £75,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 73 m² |
| Last sold | £70,000 Aug 2020 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 25/08/2024 — **EXPIRED** (no longer valid for marketing or letting)
- **Current heating cost:** £659/year
- **Est. upgrade cost to C:** £18,940

### Recommendations
- B (£500 - £1,500)
- W (£800 - £1,200)
- E (£40)
- G (£350 - £450)
- N (£4,000 - £6,000)
- U (£9,000 - £14,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2868-7007-7298-2174-1974)

## Description

Internally, the well proportioned property offers ideal first time buyer living accommodation comprising a vestibule, TWO RECEPTIONS, fitted kitchen, TWO DOUBLE BEDROOMS, three piece wet room, gas central heating and UPVC double glazing.

Forecourt garden and yard to rear.

Ideally suited for the first time buyer or investor looking to increase their portfolio.

INTERNAL VIEWING IS ESSENTIAL.

## Property Photos

- ![House](/listings/photos/88532573/637640) - House
- ![Dining Room](/listings/photos/88532573/637641) - Dining Room
- ![Dining Room](/listings/photos/88532573/637642) - Dining Room
- ![Lounge](/listings/photos/88532573/637643) - Lounge
- ![Lounge](/listings/photos/88532573/637644) - Lounge
- ![Kitchen](/listings/photos/88532573/637645) - Kitchen
- ![Kitchen](/listings/photos/88532573/637646) - Kitchen
- ![Bedroom One](/listings/photos/88532573/637647) - Bedroom One
- ![Bedroom One](/listings/photos/88532573/637648) - Bedroom One
- ![Bedroom Two](/listings/photos/88532573/637649) - Bedroom Two
- ![Wet Room](/listings/photos/88532573/637650) - Wet Room

## Floorplans

- ![Floorplan 1](/listings/photos/88532573/637651) - Floorplan 1
- ![Floorplan 2](/listings/photos/88532573/637652) - Floorplan 2

## EPC Graphs

- ![Energy Perform...](/listings/photos/88532573/637653) - Energy Perform...

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 8 PROSPECT STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QR | £70,000 | 03/08/2020 | 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 |
|---------|-------|------|------|
| 121 OSBORNE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QU | £140,000 | 18/12/2025 | Terraced |
| 100 NEW BARN LANE, ROCHDALE, GREATER MANCHESTER, OL11 3PY | £105,000 | 07/03/2025 | Terraced |
| 138 ASHFIELD ROAD, ROCHDALE, GREATER MANCHESTER, OL11 1QH | £65,000 | 02/08/2024 | Terraced |
| 126 HARDWICKE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QJ | £80,000 | 06/12/2023 | Terraced |
| [Same street] 6 PROSPECT STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QR | £120,000 | 01/12/2023 | Terraced |
| 67 OSBORNE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QU | £100,000 | 15/09/2023 | Terraced |
| 20 ABINGDON CLOSE, ROCHDALE, GREATER MANCHESTER, OL11 3PX | £85,000 | 12/05/2023 | Terraced |
| 49 NEW BARN LANE, ROCHDALE, GREATER MANCHESTER, OL11 3PY | £82,000 | 05/04/2023 | Terraced |
| 16 DUNSTER AVENUE, ROCHDALE, GREATER MANCHESTER, OL11 3RD | £175,000 | 06/01/2023 | Terraced |
| 4 MEREFIELD STREET, ROCHDALE, GREATER MANCHESTER, OL11 3RU | £125,000 | 08/12/2022 | Terraced |
| 251 KENSINGTON STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QS | £113,000 | 05/12/2022 | Terraced |
| 6 HENLEY TERRACE, ROCHDALE, GREATER MANCHESTER, OL11 3PR | £55,000 | 14/10/2022 | Terraced |
| 105 OSBORNE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QU | £130,000 | 07/10/2022 | Terraced |
| 6 HARPER STREET, ROCHDALE, GREATER MANCHESTER, OL11 3RQ | £75,000 | 03/10/2022 | Terraced |
| 296 ASHFIELD ROAD, ROCHDALE, GREATER MANCHESTER, OL11 1QP | £90,000 | 29/09/2022 | Terraced |
| 103 HARDWICKE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QJ | £85,000 | 09/09/2022 | Terraced |
| 2 ABINGDON CLOSE, ROCHDALE, GREATER MANCHESTER, OL11 3PX | £55,000 | 29/07/2022 | Terraced |
| 16 HIGH BARN CLOSE, ROCHDALE, GREATER MANCHESTER, OL11 3PN | £86,000 | 23/06/2022 | Terraced |
| 225 KENSINGTON STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QS | £90,000 | 20/05/2022 | Terraced |
| 8 DUNSTER AVENUE, ROCHDALE, GREATER MANCHESTER, OL11 3RD | £100,000 | 10/05/2022 | Terraced |
| 97 OSBORNE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QU | £115,000 | 29/04/2022 | Terraced |

**Street average:** £120,000 (1 sale)
**Area average:** £97,550 (20 sales)

## Price vs local average

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

- **Local average:** £158,879 (58 Terraced, OL11, 2024–2026)
- **Deviation:** -52.8%

## 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):** £576/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 Semi-Detached House, Gainsborough Drive, OL11 | £1,000/mo | 2 | 0.5 miles | OpenRent |
| 2 Bed Terraced House, Bury Road, OL11 | £1,100/mo | 2 | 0.87 miles | OpenRent |

**Average rent: £1,050/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 1.4% (strong)
- **Max investor price (0.8%):** £131,250
- **Target investor price (1%):** £105,000

*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 £1,050/mo).*

- **Gross yield:** 16.8%
- **Cost-to-rent:** 6×
- **Monthly cashflow:** £625/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 34.5%

*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:** £1,027/m²

## Capital growth trend

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

- **5y growth:** 40.8%
- **10y growth:** 69.1%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 3.6%
- **5y growth (index):** 36.6%
- **10y growth (index):** 85.7%

## 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)

House Dining Room Dining Room Lounge Lounge Kitchen Kitchen Bedroom One Bedroom One Bedroom Two Wet Room

/ 11

Property details

Tenure

FREEHOLD

Floor area

73 m²

EPC rating

Year built

England and Wales: 1900-1929

Last sold

£70,000 Aug 2020

Price per m²

£1,027/m²

Local average

£158,879 (-52.8%)

Deprivation

Decile 1 (2,684 of 33,755)

Street crime

3 incidents within 1 mile (Apr 2026)

Key features

Garden Fronted
Extened Mid Terraced
Two Double Bedrooms
Two Receptions
Gas Central Heating
UPVC Double Glazing
Yard To Rear
Quiet Cul De Sac
Popular Location
Ideal For Investor / FTB

Additional details

Garden: Yes

Description

GARDEN FRONTED AND EXTENDED MID TERRACED HOUSE SITUATED ON A QUIET CUL DE SAC IN A POPULAR YET EXTREMELY CONVENIENT LOCATION CLOSE TO ROCHDALE TOWN CENTRE within walking distance of good local amenities, local train station and the motorway network.

Internally, the well proportioned property offers ideal first time buyer living accommodation comprising a vestibule, TWO RECEPTIONS, fitted kitchen, TWO DOUBLE BEDROOMS, three piece wet room, gas central heating and UPVC double glazing.

Forecourt garden and yard to rear.

Ideally suited for the first time buyer or investor looking to increase their portfolio.

INTERNAL VIEWING IS ESSENTIAL.

Listed by

Rochdale

Reside Estate Agents Ltd

Reference: 88532573

EPC Rating & Upgrade Cost

This certificate expired on 25/08/2024. A new EPC may be required before the property can be marketed or let.

Current rating: D

Potential rating: B

Inspection date: 26/08/2014

Expiry date: 25/08/2024 (expired)

Current heating cost: £659/year

Potential heating cost: £490/year

Est. upgrade cost to C: £18,940

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Cavity wall insulation (£500 - £1,500)
Floor insulation (£800 - £1,200)
Low energy lighting for all fixed outlets (£40)
Upgrade heating controls (£350 - £450)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£9,000 - £14,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 2

EPC Graphs

Energy Perform...

Price history

Event	Date	Price	% change
Sold	03/08/2020 (5 years ago)	£70,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
121 OSBORNE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QU	£140,000	18/12/2025	Terraced
100 NEW BARN LANE, ROCHDALE, GREATER MANCHESTER, OL11 3PY	£105,000	07/03/2025	Terraced
138 ASHFIELD ROAD, ROCHDALE, GREATER MANCHESTER, OL11 1QH	£65,000	02/08/2024	Terraced
126 HARDWICKE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QJ	£80,000	06/12/2023	Terraced
Same street 6 PROSPECT STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QR	£120,000	01/12/2023	Terraced
67 OSBORNE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QU	£100,000	15/09/2023	Terraced
20 ABINGDON CLOSE, ROCHDALE, GREATER MANCHESTER, OL11 3PX	£85,000	12/05/2023	Terraced
49 NEW BARN LANE, ROCHDALE, GREATER MANCHESTER, OL11 3PY	£82,000	05/04/2023	Terraced
16 DUNSTER AVENUE, ROCHDALE, GREATER MANCHESTER, OL11 3RD	£175,000	06/01/2023	Terraced
4 MEREFIELD STREET, ROCHDALE, GREATER MANCHESTER, OL11 3RU	£125,000	08/12/2022	Terraced
251 KENSINGTON STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QS	£113,000	05/12/2022	Terraced
6 HENLEY TERRACE, ROCHDALE, GREATER MANCHESTER, OL11 3PR	£55,000	14/10/2022	Terraced
105 OSBORNE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QU	£130,000	07/10/2022	Terraced
6 HARPER STREET, ROCHDALE, GREATER MANCHESTER, OL11 3RQ	£75,000	03/10/2022	Terraced
296 ASHFIELD ROAD, ROCHDALE, GREATER MANCHESTER, OL11 1QP	£90,000	29/09/2022	Terraced
103 HARDWICKE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QJ	£85,000	09/09/2022	Terraced
2 ABINGDON CLOSE, ROCHDALE, GREATER MANCHESTER, OL11 3PX	£55,000	29/07/2022	Terraced
16 HIGH BARN CLOSE, ROCHDALE, GREATER MANCHESTER, OL11 3PN	£86,000	23/06/2022	Terraced
225 KENSINGTON STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QS	£90,000	20/05/2022	Terraced
8 DUNSTER AVENUE, ROCHDALE, GREATER MANCHESTER, OL11 3RD	£100,000	10/05/2022	Terraced
97 OSBORNE STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QU	£115,000	29/04/2022	Terraced

Street average: £120,000 (1 sale)

Area average: £97,550 (20 sales)

Capital growth trend

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

5y growth 40.8%

10y growth 69.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Rochdale. Series: Terraced. As of March 2026.

1y (index) 3.6%

5y (index) 36.6%

10y (index) 85.7%

Rental Range

Estimated market rent for Rochdale. Low = conservative, Realistic = average, Optimistic = best case.

Low £744/mo

Realistic £827/mo

Optimistic £910/mo

Based on Local Authority from postcode lookup → Rochdale.

LHA (30th percentile) floor for Oldham & Rochdale: £576/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View OL11 1QR

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Ashfield Road/Sefton Arms	0.2 miles
Bus stop	Manchester Road/Highfield Hospital	0.2 miles
Shop	Peugeot	0.3 miles
Shop	Queensway	0.3 miles
Train station	Rochdale	0.6 miles
Train station	Castleton	1.0 miles
Hospital	Birch Hill Hospital	3.1 miles
Hospital	SpaMedica Oldham	3.7 miles
University	UCEN Manchester (City Campus)	8.6 miles
University	University of Law	9.1 miles

Street-level crime

Category	Count
Violence and sexual offences	3
Total incidents	3

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Ashfield Valley Primary School	Primary	0.0 miles	Good — 18 Sep 2023
Brimrod Community Primary School	Primary	0.4 miles	Good — 31 Jan 2015
Beech House School	Other	0.4 miles	— (No rating)
Sandbrook Community Primary School	Primary	0.4 miles	Requires improvement — 8 Jul 2020
St John's Roman Catholic Primary School, Rochdale	Primary	0.5 miles	Good — 20 Sep 2016

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 Semi-Detached House, Gainsborough Drive, OL11	£1,000/mo	2	0.5 miles	OpenRent
2 Bed Terraced House, Bury Road, OL11	£1,100/mo	2	0.87 miles	OpenRent

Average rent: £1,050/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.4%

Max investor price (0.8%) £131,250

Target investor price (1%) £105,000

Gross yield 16.8%

Cost-to-rent ratio 6×

Monthly cashflow £625/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 34.5%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).