2-bedroom semi-detached house · OL4 4PF
Sold STCListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****CHAIN FREE****VERY POPULAR LOCATION****EXTENDED TO REAR****LOTS OF POTENTIAL**** NEEDS MODERNISATION****REALISTICALLY PRICED**** We offer for sale this spacious and extended 2 bedroom semi detached bungalow, situated in a very popular location, ideal for the older couple, young family or investor.
The property is uPVC double glazed & gas centrally heated and briefly comprises: Entrance hallway, lounge, 3 piece bathroom, 2 bedrooms, dining room and kitchen.
Externally the property has the benefit of gardens to the front, side and rear and a detached garage at the rear. Entrance Hallway - Radiator. Loft access.
Lounge - 4.88m x 3.30m (16'0 x 10'10) - Radiator. Bedroom 1 - 3.78m x 3.35m (12'5 x 11'0) - Rear aspect. Radiator. Bedroom 2 - 2.26m x 2.69m (7'5 x 8'10) - Front aspect. Radiator.
Bathroom - 3 piece suite with shower to bath. Ceramic wall tiled. Radiator. Dining Room - 2.72m x 4.09m (8'11 x 13'5) - Radiator. Opening through to kitchen.
Kitchen - 2.95m x 4.27m (9'8 x 14'0) - Fitted wall & base units incorporating oven, hob & extractor. Single sink, rinser & drainer. Part ceramic wall tiled. Plumbed for washer. Radiator.
External - Gardens to the front, side & rear. Detached garage at the rear. Tenure & Council Tax - We have been advised that this property is Freehold. The council tax is in Band C with Oldham Council.
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 Ashes Lane, Springhead, Oldham
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