3-bedroom house · OL4 2ET
Sold STCListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CASH OFFERS PREFERRED | THREE BEDROOMS | NO CHAIN | REFURBISHMENT NEEDED | The house on Newbreak Close is sold as seen. The gardens are completely overgrown.
Briefly comprising of a ground floor entrance hall and kitchen. The lower ground floor provides the lounge.
The first floor has bedroom two & three, and the second floor has bedroom one and the bathroom. There are garden areas to front and rear and a garage at the front.
Accommodation - Ground Floor - Hall - Kitchen - 2.44m x 4.09m (8 x 13'5) - Basic range of units.
Lower Ground Floor - Lounge - 4.45m x 3.48m (14'7 x 11'5) - First Floor - Bedroom Two - 2.54m x 3.51m (8'4 x 11'6) - Bedroom Three - 1.70m x 2.54m (5'7 x 8'4) - Second Floor - Bedroom One - 2.49m x 4.11m (8'2 x 13'6) - Bathroom & Wc - 1.70m x 1.83m (5'7 x 6) - Three piece suite.
Externally - Garden areas to front and rear. There is a garage at the front. Services - - All main services are installed.
Important Notice - - No checks have been made of any services (water, electricity, gas and drainage) heating appliances or any other electrical or mechanical equipment in this property.
Disclaimer - - Wild & Griffiths themselves and the vendors/lessors of this property give notice that these particulars have been prepared in good faith having regard to the property misdescriptions act (1991).
Measurements are intended for descriptive purposes only and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact.
Any intending purchaser must satisfy themselves by inspection or otherwise as to the information provided and condition of the property and no warranty is given by the vendor, their agents or any other person in their employment.
The property is offered subject to contract and still being available at the time of enquiry and no responsibility can be accepted for any loss or expenses incurred in viewing.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Newbreak Close, Greenacres, Oldham
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