2-bedroom terraced house · OL4 2QX
Listing removedListed 142 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mishkan Estates are delighted to present this well-positioned two-bedroom terraced home, situated in the popular residential area of Waterhead, offering well-proportioned accommodation, convenient amenities, and excellent transport links ideal for modern living.
The property welcomes you through an entrance hall leading into a fitted kitchen complete with a gas hob and oven, offering practical space for everyday cooking.
The accommodation provides a comfortable and functional layout, suited to a range of buyers including first-time purchasers, small families, or investors.
Upstairs, the property offers two well-proportioned bedrooms, including a generous master bedroom benefitting from a built-in closet/storage area.
Completing the first floor is a three-piece bathroom suite comprising a bath with shower over, wash basin, and WC.
Externally, the property benefits from ample street parking to the front, whilst to the rear there is a private enclosed garden which leads directly onto a private rear car park, providing convenient off-road parking to the rear of the property.
Conveniently positioned for local amenities, the property enjoys easy access to bus routes along both Huddersfield Road and Ripponden Road.
Supermarkets including Asda and Tesco are located just a short distance away, whilst families will appreciate being within walking distance of Littlemoor Primary School and Waterhead Academy.
The home is also surrounded by excellent primary schools and benefits from convenient access to the Manchester Metrolink network and the M60 motorway, making commuting across Greater Manchester straightforward.
The nearby Waterhead Park further enhances the location, providing excellent green space for leisure and recreation. Council Tax Band: A (Oldham Council) Holding Deposit: £201
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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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 Herbert Street, Oldham
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