We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · OL16 3RD
For saleReduced £10k (−4.5%) on 9 OctListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away on the quiet North Parade, and sold with no onward chain, this three-bedroom end of townhouse is the perfect first time buy or downsize!
EPC Rating: To be confirmed Internal accommodation comprises a welcoming porch entryway, useful for storing shoes and coats, and access into the large front lounge, with views overlooking the front garden and ample space for socialising.
To the rear is a kitchen diner that benefits from french doors into the lawned garden.
Upstairs, there are three well-sized bedrooms, two of which benefit from fitted wardrobes, and a tiled family bathroom with three piece suite.
This property also benefits from a garage located to the front of the street, perfect for additional parking or storage, and we have been advised by the sellers that a full re-roof, and installation of new soffits and fascias was undertaken 4/5 years ago, as well as the boiler being serviced annually.
Newhey is a popular village located close to the larger town of Rochdale.
The Ogden reservoir and nearby open countryside make this the perfect home for the growing family or outsdoors lover; yet this property still maintains excellent transport links, being a short walk from Newhey Metrolink and the M62 motorway junction, providing links to Manchester and the surronding areas.
Anti-Money Laundering (aml) Checks - As part of making an offer, we’re required by law to complete Anti-Money Laundering (aml) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £60 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
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 15, North Parade, Rochdale
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