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Malvern Street East, Rochdale, OL11 - Image 1
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Malvern Street East, Rochdale, OL11

North West

£145,000
Listed on 17/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
710 sqft

Description

This mid-terraced two-bedroom property holds significant promise for both first-time buyers and investors looking to capitalize on its potential. While it is in need of cosmetic upgrades throughout, the spacious layout provides ample opportunity for modernization and personal touches. The bright lounge space is perfect for relaxation or social gatherings and can be easily transformed into a contemporary living area with some updates. The kitchen, although functional, requires refurbishment to enhance its usability and aesthetic appeal, making it an exciting project for those who enjoy culinary pursuits. On the upper level, both bedrooms offer generous proportions that can adapt to various needs—whether for guests, a home office, or children's rooms—with room for refreshing decor. The family bathroom presents a further opportunity for modernization to reflect personal style preferences. Additionally, the property includes a rented rear garden from Rochdale Council at an annual fee of £125, adding extra value for outdoor enjoyment or storage solutions. Conveniently located near local amenities such as shops, schools, and public transport options, this property offers an excellent foundation for someone eager to invest in a home that they can customize and improve over time.

Investment Analysis

(OL11 area)

Below Market Value

This property is priced -12.0% below area average per sq ft

-12.0%
Potential saving
This Property
£204/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£181,309
10% above area average per sq ft
Potential ROI
+6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (OL11)

Area prices are falling by -2.5% over the last 12 months
3 year growth: +9.0%
5 year growth: +36.4%
Investment Disclaimer: Analysis based on OL11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Malvern Street East, Rochdale, OL11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£514
Based on a loan of £108,750 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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