2-bedroom terraced house · OL9 7BH
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****CHAIN FREE***NEEDS MODERNISATION ****POPULAR & CONVENIENT LOCATION **** IDEAL FOR FIRST-TIME BUYERS OR INVESTORS**** This is a much larger than average terraced house located in a highly sought-after area of Chadderton.
The property offers two reception rooms and two double bedrooms, providing generous living space for a family or couple.
Although some refurbishment and modernisation are required, the house is currently presented in good condition and is being offered for sale with no onward chain.
On the ground floor, there is an entrance vestibule which leads into the lounge. The lounge connects to a separate dining room, followed by the kitchen.
Upstairs, there are two spacious double bedrooms and a family bathroom. The property is situated on Derby Street, a popular and convenient location with a range of local amenities nearby.
Freehold Metrolink tram stop is approximately a 10-minute walk away, providing regular and convenient access to Manchester city centre.
There are also local shops, supermarkets and schools within easy reach, making the property well placed for everyday amenities and transport links.
Front Of The Property - Hallway - Living Room - Dinning Room - Kitchen - Bedroom 1 - Bedroom 2 - Bathroom - Back Garden -
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
FAQ
About Derby Street, Oldham
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