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 work4-bedroom terraced house · OL4 1QS
Listing removedListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD BY ONLINE AUCTION ON 22ND – 23RD APRIL UNLESS SOLD PRIOR UNDER AUCTION TERMS.
18 Swinton Street, Oldham, OL4 1QS Not yet inspected by Edward Mellor but reported to comprise; lounge, kitchen/diner and four en suite bedrooms. Rear yard and garden frontage.
Photos have been provided for the vendor A fantastic opportunity to acquire a recently renovated investment property, let to a company on a 5-year lease from 2023, providing secure and consistent rental income with a hands-off management approach.
Currently generating £1,600 per calendar month, the property offers an immediate return for investors, with potential to enhance income over time and further improve yield.
Situated in a popular residential area of Oldham, the property benefits from strong and sustained rental demand, supported by excellent access to local amenities, transport links and routes into Oldham town centre and Manchester, making it a reliable and well-positioned investment.
Configured to provide multiple letting rooms, each with its own ensuite, the property is ideally suited to this style of accommodation.
With refurbishment complete and a lease already in place, this is a low-hassle, income-producing asset, ideal for investors seeking stable and predictable returns.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 18, Swinton street, Oldham
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