4-bedroom house · OL8 2AY
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hartshead view Hartshead View is an exciting new development of three and four-bedroom homes available through Shared Ownership.
Perfectly positioned on the edge of the Pennine Moors, Hartshead View offers the best of both worlds with beautiful green open spaces right on your doorstep, while remaining within easy reach of Oldham, Ashton-under-Lyne and Manchester.
The development is conveniently located close to Oldham town centre, with excellent transport links across Greater Manchester.
The nearby Metrolink tram network provides easy access to Manchester city centre and connects with the city's major railway stations, offering onward travel across the UK.
For those travelling by car, the M60 motorway is just 1.9 miles away, making commuting straightforward.
Manchester Airport can be reached in under 30 minutes by car, or easily accessed via the Metrolink network.
Hartshead View offers a range of high-quality three and four-bedroom homes, available to purchase through the Shared Ownership scheme, providing an affordable route onto the property ladder.
Shared ownership Stepping into your new home is one of the best and most exciting achievements in your life and Shared Ownership makes that ambition possible.
You initially purchase a part share in a home through a mortgage and savings.
You only need to buy as much as you can afford, usually a minimum of 10% and up to a maximum of 75%, and you pay a subsidised rent to us on the share that you don't own.
The great thing about Shared Ownership is that you can buy a larger share of the property whenever you can afford it. The more you own, the less rent you pay.
What's more, you can get started with a smaller deposit, because its calculated on the value of the share you buy.
Shared Ownership provides you with the perfect opportunity to get your feet onto the property ladder.
Even though you are only purchasing a share, it will definitely feel like your home since you are free to decorate and personalise it to your own taste.
Below we've listed some of the main qualifying criteria around your eligibility: * Your household income is £80,000 a year or less * You cannot afford all the deposit and mortgage payments for a home that meets your needs * You're a first-time buyer or * You used to own a home, but cannot afford to buy one now or * You own a home and want to move but cannot afford a new home suitable for your needs or * You're forming a new household - for example, after a relationship breakdown or * You're an existing shared owner and want to move This house is available to be purchased through Shared Ownership and below are some sample figures and available shares.
Other combinations are available to suit your needs. Full Market Value £360,000 Building Insurance at £34.38, Estate Charge at £16 calendar month.
10% share at £36,000, Shared Ownership rent £742.50 pcm 25% share at £90,000, Shared Ownership rent £618.75 pcm 30% share at £108,000, Shared Ownership rent £577.50 pcm 40% share at £144,000, Shared Ownership rent £495.00 pcm 50% share at £180,000, Shared Ownership rent £412.50 pcm 60% share at £216,000, Shared Ownership rent £330.00 pcm 70% share at £252,000, Shared Ownership rent £247.50 pcm 75% share at £270,000, Shared Ownership rent £206.25 pcm Call/email for more information and to arrange a viewing.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 16, Scholars Close , Oldham
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