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See how verdicts work2-bedroom house · OL3 5JX
Sold STCListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a gorgeous stone-built cottage set in an elevated rural position with far-reaching views across the Saddleworth countryside.
The property has a kitchen and lounge-diner on the ground floor. The first floor contains a bathroom and the double bedroom, while the sixth double bedroom occupies the second floor.
The property has mains electricity and gas. Water is supplied by a borehole and treatment system serviced by Springbore. Wastewater is managed by a Marsh Ensign domestic sewage treatment plant.
Both dwellings are in Council Tax Band C. The property is Grade II listed and therefore does not require an EPC. Tenure is freehold.
Entrance A door to the side gives access to the kitchen Kitchen 4.03m (13' 3") x 1.95m (6' 5") The kitchen has a selection of base and wall units with splash back and complimentary work tops.
There is plumbing for a washing machine and space for a fridge.
Space under the stairs provides useful storage Lounge / Diner 4.93m (16' 2") x 3.70m (12' 2") The front facing lounge has views of the garden and can accommodate modern sofas and other occasional furniture.
There is a stone fireplace surround Stairs and Landing Stairs from the lounge rise to the first floor landing area Bedroom 1 4.93m (16' 2") x 3.61m (11' 10") Bedroom 1 can easily accommodate a king size bed and wardrobes etc.
A built in cupboard provides useful storage Bathroom The bathroom has a three piece suite fitted comprising of a low level WC, wash hand pedestal basin and bath with mains fed mixer shower over.
A window provides natural light to this room Stairs to Second Floor Stairs rise to the second floor landing Bedroom 2 5.70m (18' 8") x 4.93m (16' 2") The largest double bedroom of the building can easily accommodate a king size bed, wardrobes and other furniture.
There is a built in cupboard over the stair well along with wonderful far reaching views through the Mullion windows
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 2 Fairbanks Farm Cottage, Lee Side, Diggle, Oldham
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