1/8
£240,000
3 beds · 1 bath · 1,046 sq ft
Oldham Road, Rochdale OL16 4PA
0.13 miles
away
Freehold
Added on 31/08/2026 
1/11
1/11
£115,000
Asking price 2 bed flat for sale Canberra Way, Balderstone, OL11 2EL
2
beds Flat
Leasehold
Added on 16/09/2026
About this property
SUMMARY Martin & Co are delighted to offer For Sale this tenanted BTL investment comprising of a spacious and well presented / maintained two bedroom ground floor apartment, ideally located for commutes to Rochdale, Royton, Oldham and Manchester. The apartment consists of an entrance hallway with storeroom, lounge, kitchen with integrated electric oven and hob, free standing fridge / freezer and washing machine. There are two bedrooms, one with fitted wardrobes and a family bathroom with overhead shower.
Key features
- BTL Investment Opportunity
- Long Term Tenant - In - Situ
- Current Rent £725pcm
- Gross Yield 7.91%
- Two Bedroom Apartment
- Ground Floor
- All Compliance Certificates In Place
- Leasehold
- EPC Rating C
- Council Tax Band - A
Floorplan
Location
Canberra Way, Balderstone, OL11 2EL
- Council tax
- Band A (Approx £1,734/year)Rochdale's 2026/27 area average, including the typical parish precept for band A. Your bill may differ: single-person and other discounts may apply.
Mortgage and stamp duty
Property price £115,000
£57k £173k
Deposit10% £12,000
£0 £115k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £103,000 mortgage. Most lenders would want a household income of about £23,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in OL11 2EL. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 23, Canberra Way Flat / maisonette | Flat / maisonette | Apr 2026 | 667 sq ft £172/sq ft | 667 sq ft | £172 | £115,000 |
| 67, Canberra Way Flat / maisonette | Flat / maisonette | Nov 2025 | 667 sq ft £157/sq ft | 667 sq ft | £157 | £105,000 |
| 9, Canberra Way Flat / maisonette | Flat / maisonette | Oct 2025 | 646 sq ft £151/sq ft | 646 sq ft | £151 | £97,500 |
| 17, Canberra Way Flat / maisonette | Flat / maisonette | Oct 2025 | 657 sq ft £153/sq ft | 657 sq ft | £153 | £100,500 |
| 53, Canberra Way Flat / maisonette | Flat / maisonette | Oct 2025 | 657 sq ft £155/sq ft | 657 sq ft | £155 | £102,000 |
| 22, Canberra Way Flat / maisonette | Flat / maisonette | Sept 2025 | 689 sq ft £171/sq ft | 689 sq ft | £171 | £118,000 |
| 48, Canberra Way Flat / maisonette | Flat / maisonette | Apr 2025 | 614 sq ft £171/sq ft | 614 sq ft | £171 | £105,000 |
| 37, Canberra Way Flat / maisonette | Flat / maisonette | Feb 2025 | 667 sq ft £183/sq ft | 667 sq ft | £183 | £122,000 |
Area insights
The neighbourhood around this property.
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