2-bedroom house · OL8 4NB
For saleReduced £9.9k (−5.9%) on 4 SepListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This home, located on the popular Heron Street is the perfect first-time buy or investment purchase.
EPC Rating: To Be Confirmed Internal accommodation comprises a welcoming front lounge with fireplace, as well as an extended kitchen-diner with fitted units, space for seating area and handy storage cupboard that could be utilised as a pantry or laundry space.
Upstairs there is a master bedroom with fitted wardrobes, a secondary bedroom that is currently utilised as a home office, and a bathroom with white tiling and three-piece suite.
The property also benefits from a boarded loft space with window.
Heron Street has a garage located to the rear, providing space for off-street parking as well as a great sun-trap of a garden, and a flagged front yard.
The property is in the popular district of Hollinwood and benefits from nearby access to the Metrolink and local bus routes.
Heron Street is located in the wider town of Oldham offering ample amenities as well as shopping and dining facilities, yet still being within reach of local green spaces and miles of open Peak District countryside.
Manchester Centre is within a 30 minute commute of the property meaning this home is a great purchase for commuters or young professionals.
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
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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 238, Heron Street, Greater Manchester
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