# 3 bedroom town house for sale (OL16 2BA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 18 MILLVIEW LANE, ROCHDALE, GREATER MANCHESTER OL16 2BA |
| Price | £160,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Last sold | £165,000 Jun 2021 |

## Description

A BEAUTIFULLY PRESENTED THREE BEDROOMED TOWN HOUSE WITH GARDEN AND DRIVEWAY! 

Situated in a desirable area of Rochdale stands this bright and deceptively sized, three bedroomed family home! With versatile living accommodation and a moderate sized plot this property could be suited to a young family or first time buyer!  The property boasts modern fixtures and fittings throughout and enjoys a spacious enclosed garden for entertaining as well as driveway for off road parking for multiple vehicles! Within close proximity to schools, amenities and major motorway links to the M62, M60 & M66 as well as easy access to the town centre.

The property comprises briefly; Entrance hallway, housing a staircase to the first floor and access to the kitchen dinner. The kitchen diner is fitted with a range of grey contemporary units and incorporates a number of integrated appliances. Through the kitchen dinner is a sizeable reception room with french doors leading to the garden. To the first floor, you will find two good sized bedrooms and a house bathroom. The top floor of the property boasts the master bedroom enjoys an en suite shower room. Externally, to the rear of the property, you will find an enclosed laid to lawn garden with decked patio area to the foot and a storage shed, The side of the property provides a driveway for two cars.

Viewings can be arranged by calling our Rochdale team today!

## Property Photos

- ![Photo](/listings/photos/86258458/355265)
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## EPC Graphs

- ![EE Rating](/listings/photos/86258458/355296) - EE Rating
- ![EI Rating](/listings/photos/86258458/355297) - EI Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 18 MILLVIEW LANE, ROCHDALE, GREATER MANCHESTER, OL16 2BA | £165,000 | 30/06/2021 | Semi-detached |
| 18 MILLVIEW LANE, ROCHDALE, GREATER MANCHESTER, OL16 2BA | £131,995 | 27/11/2015 | 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 |
|---------|-------|------|------|
| [Same street] 13 MILLVIEW LANE, ROCHDALE, GREATER MANCHESTER, OL16 2BA | £150,000 | 19/01/2026 | Terraced |
| 20 COOK STREET, ROCHDALE, GREATER MANCHESTER, OL16 2LZ | £138,500 | 19/12/2025 | Terraced |
| 322 ENTWISLE ROAD, ROCHDALE, GREATER MANCHESTER, OL16 2LH | £60,000 | 10/11/2022 | Terraced |
| 105 HALIFAX ROAD, ROCHDALE, GREATER MANCHESTER, OL12 9BA | £95,000 | 18/07/2022 | Terraced |
| 286 ENTWISLE ROAD, ROCHDALE, GREATER MANCHESTER, OL16 2LH | £105,000 | 17/03/2022 | Terraced |
| [Same street] 16 MILLVIEW LANE, ROCHDALE, GREATER MANCHESTER, OL16 2BA | £175,000 | 08/03/2022 | Semi-detached |
| 19 ROTHWELL STREET, ROCHDALE, GREATER MANCHESTER, OL12 9BL | £80,000 | 25/02/2022 | Terraced |
| 76 BISHOP STREET, ROCHDALE, GREATER MANCHESTER, OL16 2TD | £71,000 | 17/02/2022 | Terraced |
| 31 ROCH STREET, ROCHDALE, GREATER MANCHESTER, OL16 2NG | £91,000 | 17/12/2021 | Terraced |
| 322 ENTWISLE ROAD, ROCHDALE, GREATER MANCHESTER, OL16 2LH | £60,000 | 15/11/2021 | Terraced |
| 34 CANON STREET, ROCHDALE, GREATER MANCHESTER, OL16 2TF | £68,000 | 01/10/2021 | Terraced |
| 6 MAYFIELD TERRACE, ROCHDALE, GREATER MANCHESTER, OL16 2NQ | £99,000 | 30/07/2021 | Terraced |
| 8 BISHOP STREET, ROCHDALE, GREATER MANCHESTER, OL16 2TE | £85,000 | 23/06/2021 | Terraced |

**Street average:** £162,500 (2 sales)
**Area average:** £86,591 (11 sales)

## Price vs local average

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

- **Local average:** £169,398 (49 Terraced, OL16, 2024–2026)
- **Deviation:** -5.5%

## 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):** £693/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 |
|------|------|------|------|------|
| 3 Bed End Terrace, Newman St, OL16 | £1,250/mo | 3 | 0.55 miles | OpenRent |

**Average rent: £1,250/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.78% (weak for cashflow)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*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 £1,250/mo).*

- **Gross yield:** 9.4%
- **Cost-to-rent:** 10.7×
- **Monthly cashflow:** £470/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 12.2%

*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:** 51.1%
- **10y growth:** 40%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 5.2%
- **5y growth (index):** 39.4%
- **10y growth (index):** 87.9%

## 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)