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

## Property Details

| Key | Value |
|-----|-------|
| Address | 6 PROSPECT STREET, ROCHDALE, GREATER MANCHESTER OL11 1QR |
| Price | £120,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: before 1900 |
| Floor area | 73 m² |
| Last sold | £120,000 Dec 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Current heating cost:** £743/year
- **Est. upgrade cost to C:** £18,775

### Recommendations
- A (£100 - £350)
- B (£500 - £1,500)
- W (£800 - £1,200)
- E (£50)
- 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/0328-9029-7281-0874-3964)

## 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 !

## Property Photos

- ![Picture No. 15](/listings/photos/140201024/637627) - Picture No. 15
- ![Picture No. 06](/listings/photos/140201024/637628) - Picture No. 06
- ![Picture No. 04](/listings/photos/140201024/637629) - Picture No. 04
- ![Picture No. 07](/listings/photos/140201024/637630) - Picture No. 07
- ![Picture No. 01](/listings/photos/140201024/637631) - Picture No. 01
- ![Picture No. 02](/listings/photos/140201024/637632) - Picture No. 02
- ![Picture No. 10](/listings/photos/140201024/637633) - Picture No. 10
- ![Picture No. 12](/listings/photos/140201024/637634) - Picture No. 12
- ![Picture No. 09](/listings/photos/140201024/637635) - Picture No. 09
- ![Picture No. 13](/listings/photos/140201024/637636) - Picture No. 13
- ![Picture No. 14](/listings/photos/140201024/637637) - Picture No. 14

## Floorplans

- ![Floorplan](/listings/photos/140201024/637638) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/140201024/637639) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 6 PROSPECT STREET, ROCHDALE, GREATER MANCHESTER, OL11 1QR | £120,000 | 01/12/2023 | 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 |
|---------|-------|------|------|
| 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)

## Price vs local average

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

- **Local average:** £160,140 (57 Terraced, OL11, 2024–2026)
- **Deviation:** -25.1%

## 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):** £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 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)**

## 1% Rule

- **Rent ratio:** 0.83% (okay)
- **Max investor price (0.8%):** £125,000
- **Target investor price (1%):** £100,000

*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 £1,000/mo).*

- **Gross yield:** 10%
- **Cost-to-rent:** 10×
- **Monthly cashflow:** £402/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 13.9%

*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:** £1,644/m²

## Capital growth trend

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

- **5y growth:** 42.3%
- **10y growth:** 91.3%

## 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)