3-bedroom terraced house · OL4 3AJ
For saleListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Northwood are delighted to present this substantial three-bedroom Salem terrace, built in 1860 and situated in the highly sought-after Salem area of Oldham.
Offering an abundance of living space, character features and versatile accommodation throughout, this impressive period home is much larger than first impressions suggest.
You enter through a welcoming entrance hall, which provides access to both reception rooms.
The spacious living room and separate dining room offer excellent space for family life, entertaining and everyday living.
To the lower ground floor, the property also benefits from a useful cellar, perfect for additional storage. The modern fitted kitchen is located to the rear of the property.
From here, you step out into the rear yard, which provides access to the outhouse incorporating a utility room and WC.
To the first floor are three generously sized double bedrooms and a family bathroom fitted with both a bath and separate shower cubicle.
One of the property's standout features is the large additional room currently used as a fourth bedroom.
This flexible space could also make an ideal home office, playroom, hobby room or guest bedroom depending on a buyer's needs. Outside, the property continues to impress.
The sizeable rear garden provides plenty of space for relaxing, entertaining and family life, while off-road parking is available to the rear.
There is also a separate outbuilding which historically served as servant quarters and now offers excellent potential as a home office, workshop, hobby room or additional storage space.
Conveniently located close to local amenities, highly regarded schools, transport links and countryside walks, this charming period home offers an abundance of space both inside and out, making it an excellent opportunity for a wide range of buyers.
Tenure: Leasehold,
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 Lees Road, Salem, Oldham, OL4
Explore nearby