3-bedroom detached house · OL4 5QX
Listing removedListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
McDermott & Co are delighted to bring to the market 3 Thornley Crescent, located within a quiet and highly sought-after cul-de-sac in the desirable Grotton area.
A beautifully presented and deceptively spacious three bedroom detached dormer bungalow.
Having undergone significant improvements within the last 18 months including a full re-wire, fully re-plastered to all internal areas & re-roofing to the dormers.
The ground floor features a welcoming entrance hallway leading to a bright and spacious dual-aspect lounge, where large windows and patio doors allow natural light to flood the space and provide direct access to the rear garden.
A modern fitted dining kitchen with integrated appliances and separate utility room, a double bedroom with patio doors leading to the rear garden and separate family bathroom.
To the first floor are two further double bedrooms with rear views and additional storage space.
The front presents a lawned garden with large driveway leading to the garage, a gated side path provides to the rear garden which presents a large lawned garden with a paved area for seating.
Situated close to local amenities, reputable schools, scenic countryside walks and convenient transport links to surrounding Saddleworth villages, this exceptional home combines generous space, stylish presentation and a prime residential setting.
Entrance Porch - Tiled flooring with built in storage cupboard, door leading into internal hallway.
Entrance Hallway - 1.37m x 3.66m (4'6 x 12'0) - Wood flooring with radiator and doors leading off to ground floor rooms.
Lounge - 3.18m x 10.03m (10'5 x 32'11) - Large dual aspect room, wood flooring, radiator and panel walls, patios doors leading to rear garden.
Dining Kitchen - 6.60m x 4.52m (21'8 x 14'10) - Front facing dining kitchen with a range of wall and base units and complimentary work tops, integrated oven and gas hobs with overhead extractor fan, integrated dishwasher, stainless steel insert sink, wood flooring and 2 x radiators, stairs off leading off to first floor and door leading to utility room.
Bathroom - 2.03m x 2.24m (6'8 x 7'4) - Rear facing bathroom fully tiled walls and flooring, comprising of integrated basin with storage, WC and bath with mains powered overhead shower.
Laundry Room - 2.64m x 1.47m (8'8 x 4'10) - Rear facing laundry room, wood flooring, under units space with plumbing for washing machine, boiler, door leading to rear garden.
Bedroom 3 - 3.61m x 3.25m (11'10 x 10'8) - Rear facing bedroom carpeted, radiator and patio doors leading to rear garden. Stairs & Landing - Carpeted stairs and landing, door leading to bedrooms.
Bedroom 1 - 4.57m x 4.24m (15'0 x 13'11) - Rear facing bedroom, carpeted with radiator, large storage cupboard. Bedroom 2 - 4.90m x 3.81m (16'1 x 12'6) - Rear facing bedroom, carpeted and radiator.
Garage - 2.64m x 8.36m (8'8 x 27'5) - Front access via a up and over front facing door and rear access directly from the rear garden, space for two vehicles, electrics and work space.
External - Externally to the front of the property is a lawned garden and driveway, access via a path down the side of the garage to a large rear garden, with a lawned area and a paved patio seating area.
Tenure - The property is Leasehold with annual ground rent of £20 paid quarterly.
Stamp Duty - Residential property rates You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property, for example a house or flat.
The amount you pay depends on: • when you bought the property • how much you paid for it • whether you’re eligible for relief or an exemption Rates for a single property You pay SDLT at these rates if, after buying the property, it is the only residential property you own.
You will usually pay 5% on top of these rates if you own another residential property.
Rates from 1 April 2025 Property or lease premium or transfer value SDLT rate Up to £125,000 Zero The next £125,000 (the portion from £125,001 to £250,000) 2% The next £675,000 (the portion from £250,001 to £925,000) 5% The next £575,000 (the portion from £925,001 to £1.5 million) 10% The remaining amount (the portion above £1.5 million) 12% Example In April 2025 you buy a house for £295,000.
The SDLT you owe will be calculated as follows: • 0% on the first £125,000 = £0 • 2% on the second £125,000 = £2,500 • 5% on the final £45,000 = £2,250 • total SDLT = £4,750
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 3, Thornley Crescent, Grotton
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