2-bedroom semi-detached house · M35 0JS
For saleListed 56 days
Opportunity summary
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About
****POPULAR & CONVENIENT LOCATION****2 GOOD SIZED BEDROOMS****IDEAL FOR FIRST TIME BUYERS, INVESTORS & YOUNG FAMILIES****MODERNISED INTERIOR****EXTENDED****SITUATED ON A GOOD SIZED PLOT****DETATCHED DRIVEWAY & GARAGE****We offer for sale this modernised and extended 2 bedroom semi detached property situated in a popular and convenient location perfect for the first time buyer, investor or young family.
The property is uPVC double glazed & combi gas centrally heated and briefly comprises: Entrance hallway, lounge, kitchen, utility room, 2 good sized bedrooms and shower room.
Externally, the property benefits from being situated on a good sized plot, has gardens to the front and rear and has off road parking in the form of a detached garage and driveway.
Entrance Hallway - Radiator. Stairs off. Lounge - 5.16m x 3.33m (16'11" x 10'11") - Living flame gas fire. Radiator. Upvc Conservatory - 2.72m x 3.71m (8'11" x 12'2") - Radiator.
Kitchen - 2.34m x 4.22m (7'8" x 13'10") - Modern fitted wall and base units incorporating oven, hob, extractor, integrated fridge freezer & stainless steel sink, rinser and drainer.
Utility Room - 1.78m x 1.35m (5'10" x 4'5") - Plumbed for washer. Combi gas central heating boiler. First Floor Landing - Spindled balustrade. Loft access with ladder. Loft is boarded for storage.
Bedroom 1 - 3.23m x 3.84m (10'7" x 12'7") - Front aspect. Fitted wardrobes. Radiator. Bedroom 2 - 3.71m x 2.44m (12'2" x 8'0") - Rear aspect. Radiator. Shower Room - Modern 3 piece shower suite.
Radiator. Spotlights. External - Externally the property benefits from being situated on a good sized garden plot & has a concrete driveway as well as a detached garage with electric and lighting.
Gardens to the front side & rear with outdoor sockets. Tenure & Council Tax - We have been advised that the property is Leasehold with a term of 999 years with 908 years currently remaining.
There is an annual fixed ground rent of £3.50. The Council Tax is in Band B with Oldham Council.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Farm Street, Failsworth, Manchester
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