2-bedroom terraced house · M35 0DN
Sold STCListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****CHAIN FREE****IDEAL FOR FIRST TIME BUYERS, INVESTORS OR YOUNG FAMILIES****CLOSE TO METROLINK STATION**** CLOSE TO LOCAL AMENITIES****LOCATED IN A POPULAR AND CONVENIENT LOCATION****We offer for sale this 2 bedroom terraced property located in a popular and convenient location ideal for the first time buyer, investor or young family.
The property is uPVC double glazed and combi gas centrally heated and briefly comprises: Entrance vestibule, lounge, kitchen diner, 2 bedrooms and a 3 piece white suite.
Externally, the property benefits from being garden fronted and has a private yard to the rear. Entrance Vestibule - Lounge - 4.24m x 3.71m (13'10" x 12'2") - Radiator. Feature fireplace.
Kitchen Diner - 4.24m x 2.90m (13'10" x 9'6") - Laminate flooring. Fitted wall and base units incorporating oven, hob, extractor, stainless steel sink and drainer. Plumbed for washer. Radiator.
Part ceramic wall tiled. Under stairs storage. Stairs off. First Floor Landing - Loft access. Bedroom 1 - 3.73m x 4.19m (12'2" x 13'8") - Front aspect. Fitted wardrobes. Radiator.
Bedroom 2 - 2.84m x 1.88m (9'3" x 6'2") - Rear aspect. Fitted storage. Radiator. Bathroom - 3 piece white suite with shower to bath. Ceramic wall tiled. Radiator. Combi gas central heating boiler.
External - The property is garden fronted with a private yard to the rear. Tenure & Council Tax - We have been advised that this property is Freehold. The Council Tax is in Band A with Oldham Council.
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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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 Hale Lane, Failsworth, Manchester
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