2-bedroom terraced house · OL4 4NF
Let agreedListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Grovewell are delighted to offer for let this 2-bedroom house in Springhead, Oldham.
The property is presented in neutral décor with new carpets, and briefly comprises the following: Ground Floor: Bright living room overlooking the rear garden, with radiator and pendant lighting.
Fitted kitchen with cream gloss wall and base units, wood-effect worktops, stainless-steel sink with mixer tap, freestanding gas cooker with 4-ring hob and oven, and a fridge freezer.
The kitchen has a door to the garden and stairs leading up.
Shower room fully tiled in a stone effect, with quadrant shower enclosure, thermostatic shower, fold-down shower seat, vanity wash basin, mirror, glass shelf and grab rails.
Upstairs: Spacious double bedroom with fitted wardrobe and feature tiled fireplace. Good-sized single bedroom with radiator, which also houses the combi boiler. Separate WC with grab rail.
Exterior: Private enclosed rear garden with paved patio, mature shrubs and planted borders. Parking to the side of the property.
The property benefits from gas central heating via a Worcester combi boiler, and double glazing.
The property is situated in the popular residential area of Springhead, within short walking distance of local shops, schools and amenities, with Lees village close by.
Main roads and bus routes nearby give excellent access to Oldham town centre and Manchester City Centre, and the open countryside of Saddleworth is just a short drive away.
Contact us today to arrange your viewing! Council Tax Band: A Deposit: £1,055 Holding Deposit: £211
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About 11 Phoenix Street, Oldham
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