Sold STC Terraced

6 PROSPECT STREET

ROCHDALE, GREATER MANCHESTER OL11 1QR

2 beds 1 baths 786 sq ft Listed 20 Sep 2023 (-991d)

£120,000

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Property details

Tenure

LEASEHOLD

Floor area

73 m²

Council tax band

A

EPC rating

D

Year built

England and Wales: before 1900

Last sold

£120,000 Dec 2023

Price per m²

£1,644/m²

Local average

£160,140 (-25.1%)

Deprivation

Decile 1 (2,684 of 33,755)

Street crime

3 incidents within 1 mile (Mar 2026)

Key features

  • IDEAL FIRST TIME BUYER PURCHASE
  • POPULAR DEEPLISH LOCATION
  • EXCELLENT LOCAL AMENITIES
  • TWO RECEPTION ROOMS
  • MODERN INSTALLED KITCHEN & SHOWER ROOM
  • EARLY VIEWINGS ESSENTIAL
  • NO ONWARD CHAIN !

Additional details

Garden
Yes

Description

Cowell Norford are pleased to introduce to the market a FANTASTIC OPPORTUNITY for the FIRST TIME BUYER to purchase a well-presented two bedroomed mid terraced, located in the popular residential area of DEEPLISH, conveniently positioned for access to local schools, shops, restaurants and within close proximity to Rochdale Train Station with commuter links to Manchester City Centre

Internally the accommodation comprises of entrance vestibule, TWO RECEPTION ROOMS, modern fitted kitchen, two good sized bedrooms and family shower room

Externally the property has a gated forecourt area to the front and an enclosed yard found at the rear. A substantial lawned garden is also available to be rented from Rochdale Council at a current rate of £152.90 per annum

EARLY VIEWINGS ARE RECOMMENDED - NO CHAIN !

Listed by

Rochdale

Cowell & Norford

Reference: 140201024

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 02/09/2014

Current heating cost: £743/year

Potential heating cost: £406/year

Est. upgrade cost to C: £18,775

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Cavity wall insulation (£500 - £1,500)
  • Floor insulation (£800 - £1,200)
  • Low energy lighting for all fixed outlets (£50)
  • 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

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Sold 01/12/2023 (2 years ago) £120,000

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
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

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 42.7%
10y growth 91.3%

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

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 Mar 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 Terraced House, Pomona St, OL11 £800/mo 2 0.36 miles OpenRent
2 Bed Semi-Detached House, Gainsborough Drive, OL11 £1,000/mo 2 0.51 miles OpenRent
2 Bed Terraced House, Kirkway, OL11 £1,100/mo 2 0.73 miles OpenRent
2 Bed Terraced House, Bury Road, OL11 £1,100/mo 2 0.87 miles OpenRent
2 Bed Terraced House, Newchurch St, OL11 £775/mo 2 1.09 miles OpenRent

Average rent: £955/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.83%
Max investor price (0.8%) £125,000
Target investor price (1%) £100,000
Gross yield 10%
Cost-to-rent ratio 10×
Monthly cashflow £402/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 13.9%
  • 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).