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See how verdicts work2 × 5-bed HMO · OL8 2DQ
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious four-bedroom terraced home offering excellent potential for investors or families, having previously been used as an HMO and requiring modernisation to create an ideal home or investment.
EPC - tbc Ryder & Dutton are pleased to present this deceptively spacious four-bedroom traditional terraced home to the market.
In need of modernisation and offered with no onward chain, the property represents an excellent opportunity for buyers looking to create a home to their own taste and requirements.
Previously registered as a five-bedroom HMO, the property offers excellent versatility and would suit a variety of purchasers, including investors seeking a property with potential, or a family looking to transform it into their ideal home.
The ground floor comprises a welcoming entrance hallway, lounge, separate dining room and fitted kitchen.
To the first floor are four bedrooms, with one bedroom benefiting from its own toilet, which could potentially be converted to create an en-suite, together with a family bathroom.
The property also benefits from brand-new UPVC double-glazed windows and doors, along with gas central heating.
Externally, the property benefits from easy-to-maintain front and rear gardens, with the rear garden enjoying a desirable southerly aspect.
There is also an allocated parking space located behind the property, while the rear yard offers potential to accommodate two small cars.
Situated on Abbey Hills Road, the property enjoys a convenient location with easy access to both Oldham and Ashton town centres, together with a wide range of local amenities.
Oldham town centre is approximately a 10-minute drive away, while Alexandra Park can be reached within around a 20-minute walk. The area is also well served by a selection of reputable schools.
With its generous accommodation, previous registration as a five-bedroom HMO, allocated parking, potential for additional off-road parking and scope for modernisation, this is an exciting opportunity for both investors and families alike.
Early viewing is highly recommended to appreciate the space and potential on offer.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 198, Abbey Hills Road, Greater Manchester
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