2-bedroom terraced house · OL4 1YT
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional and extremely rare renovation opportunity occupying a huge corner plot in one of Oldham’s most sought-after residential locations.
Offering enormous development potential, subject to planning, this is a genuine blank canvas with the scope to create a substantial family home with significant future value.
Cowell & Norford are pleased to offer for sale this exceptionally rare renovation opportunity, occupying a substantial corner plot in one of Oldham’s most popular and well-connected residential locations.
Offering enormous scope for transformation and future development, this is the perfect purchase for builders, developers, investors or ambitious buyers looking to create a truly outstanding family home.
Requiring a full programme of renovation throughout, with the exception of the newly fitted bathroom, the property presents a genuine blank canvas with incredible potential.
Subject to the relevant planning permissions and approvals, the vast corner plot provides exciting possibilities to substantially extend and reconfigure the property, potentially creating a significantly larger semi-detached family home with scope for multiple additional bedrooms, expanded living accommodation and impressive external space.
Opportunities like this are becoming increasingly difficult to find.
The size of the plot alone makes this property stand out from anything else currently available in the area, offering buyers the chance to unlock serious long-term value and create something truly special.
Whether you are looking for your next development project, a long-term family home to design to your own specification, or an investment with huge upside potential, this property delivers on every level.
Internally, the accommodation currently comprises an entrance hallway, spacious living room, kitchen, dining room, ground floor bedroom and bathroom facilities, with further bedrooms located to the first floor.
Externally, the property benefits from extensive gardens to the front, side and rear, providing exceptional outdoor space and huge scope for extension or redevelopment, subject to planning.
Situated within a highly sought-after and established residential area, the property enjoys excellent access to local amenities including shops, supermarkets, schools, medical practices and leisure facilities, whilst also benefiting from superb transport links for commuting into Oldham, Manchester and surrounding towns.
This is far more than just a property purchase — it is a rare chance to acquire a home with extraordinary potential in a location where opportunities of this nature rarely come to market.
Early viewing is strongly recommended to fully appreciate the scale of the plot, the potential on offer and the exciting future possibilities this property presents.
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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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 Moorhey Street, Oldham, Greater Manchester, OL4
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