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See how verdicts work3-bedroom terraced house · OL8 2JR
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on Honeywell Lane in Hathershaw, Oldham, this delightful terraced house presents an excellent opportunity for both first-time buyers and savvy investors.
With three bedrooms, this property offers ample space for a growing family or those seeking a comfortable home.
The inviting reception room provides a warm and welcoming atmosphere, perfect for relaxing or entertaining guests. The house features a modern bathroom, ensuring convenience for daily living.
The property benefits from gas central heating, ensuring warmth and comfort throughout the colder months, while the UPVC double glazing enhances energy efficiency and noise reduction.
One of the standout features of this home is its prime location. Just a short stroll away, residents can enjoy the picturesque Alexandra Park, a perfect spot for leisurely walks or family picnics.
Additionally, the new Northern Roots Urban Farm and Eco Park is nearby, offering a unique blend of nature and community engagement.
This property is not only a lovely home but also an ideal investment opportunity, given its desirable location and potential for rental income.
With its combination of comfort, convenience, and community, this terraced house on Honeywell Lane is a must-see for anyone looking to make a wise property purchase in Oldham.
Hallway The entrance hallway is compact but welcoming, framed by a white front door with a small arched window above.
The hallway features neutral decor and glazed interior doors leading into the lounge, setting a bright, airy tone as soon as you enter the home.
Lounge (4.08m x 4.44m) The lounge offers a comfortable living space with neutral décor and a large window that fills the room with natural light.
The room features a classic dado rail and a built-in cupboard, providing both character and practical storage. Its layout allows for easy flow into the adjoining kitchen/dining area.
Kitchen/Dining Room (3.69m x 3.52m) The kitchen/dining room is spacious and bright, benefitting from a rear window and door that allow plenty of daylight.
Light wood flooring complements the pale cabinetry and neutral wall tiling, creating a fresh and practical space.
There is room for a dining table, and essential appliances including a built-in oven and hob, a washing machine, and a freestanding fridge freezer.
The layout offers convenient access to the rear garden via the back door, as well as a handy storage cupboard under the stairs.
Landing The landing at the top of the stairs features soft carpeting and provides access to all three bedrooms and the bathroom.
Its neutral decor and natural light make it a simple yet functional space connecting the first floor rooms.
Bedroom 1 (4.08m x 3.44m max) This bedroom is well-sized and filled with natural light from a large window.
It features neutral décor and a radiator below the window, providing a calm and restful space.
Bedroom 2 (3.11m x 1.77m) A smaller bedroom with neutral tones and carpeted flooring, this room is brightened by a window to the front.
It offers a practical space suitable for a single bed or office setup.
Bedroom 3 (3.69m x 2.47m) This bedroom is also neutrally decorated and carpeted, featuring a large window that allows natural light to fill the room.
It provides a versatile space ideal for a single or double bed depending on furnishing.
Bathroom (2.11m max x 1.88m) The bathroom is fitted with a white suite including a bathtub with shower above, a pedestal sink, and a toilet.
The walls feature a simple tile surround by the bath, and the flooring is a wood-effect vinyl, creating a clean and fresh space.
Rear Garden The rear garden offers a manageable outdoor space with a wooden decked area, enclosed by fencing for privacy.
The garden provides an ideal spot for outdoor seating or gardening, with easy access from the kitchen/diner through the back door.
It benefits from good natural light throughout the day and includes space for bins and storage.
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 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
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FAQ
About 226, Honeywell Lane, Oldham
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