3-bedroom detached house · OL4 2SP
Sold STCListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a desirable residential area of Waterhead in Oldham, this well-presented three-bedroom link-detached property on Locking Gate Rise offers an ideal family home with stunning views to the rear and excellent local amenities nearby.
The accommodation begins with a welcoming entrance hall, complete with a convenient ground floor WC.
To the rear, a modern and stylish kitchen diner provides a fantastic space for both everyday living and entertaining.
The spacious lounge is bright and inviting, featuring patio doors that open out onto the garden, allowing for plenty of natural light and seamless indoor-outdoor living.
Upstairs, the property boasts three well-proportioned bedrooms, all benefiting from built-in storage with bedroom two having a walk in wardrobe, offering ample storage.
A family bathroom completes the first floor. Externally, the property continues to impress. To the front, there is a driveway providing off-road parking along with access to the garage.
To the rear, you’ll find a beautifully maintained garden, perfect for relaxing or entertaining, with the added benefit of garage access and pleasant open views beyond.
Located close to a range of local amenities, reputable schools, and convenient transport links into Oldham town centre and beyond, this home is perfectly positioned for modern family life.
Early viewing is highly advised to fully appreciate what this fantastic property has to offer. Leasehold Property: Term : 999 years from 16 November 1999 Rent : £75 PA
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Locking Gate Rise, Waterhead OLDHAM, Lancashire, OL4
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