2-bedroom terraced house · OL3 7HQ
Sold STCListed 419 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely double fronted back to back cottage is full of potential, and ideally located in the popular area of Greenfield with picturesque walking routes on the doorstep, easy reach of local amenities such as pubs/restaurants, shops, transport links to Oldham & Manchester, and more.
It briefly comprises of: Porch, Lounge / Diner and Kitchen at ground floor level; Stairs rise from the kitchen to the first floor where the main bedroom and 2nd bedroom and generous sized shower room are located.
The small 2nd bedroom currently used as an office has staircase leading to a useful boarded loft/attic room that also has a window.
This is a lovely property with tons of potential to extend upwards ( subject to PP ) and viewing is highly recommended!
Leasehold 999 years from 1949 Council Tax Band A Porch 1.55m (5' 1") x 1.09m (3' 7") The front door opens into the porch handy for coats and shoes , which leads straight through to the kitchen.
Kitchen 3.04m (10' 0") x 4.69m (15' 5") The kitchen includes a gas cooker, washing machine, sink with draining board, a range of cupboards/drawers, and space for a fridge/freezer.
The stairs rise to the 1st floor landing, and a door opens into the lounge.
Lounge/Diner 4.52m (14' 10") x 4.45m (14' 7") This spacious lounge/diner features a multifuel stove, and a window overlooking the front garden.
There is enough space to accommodate a suite with occasional furniture, plus dining furniture.
Stairs & 1st Floor Landing 1.11m (3' 8") x 2.01m (6' 7") Stairs from the kitchen rise to the 1st floor landing, which provides access to the main and second bedrooms and large shower room.
Bedroom 1 3.36m (11' 0") x 4.42m (14' 6") Bedroom 1 is large enough to accommodate a single or small double bed with other furniture.
Bedroom 2 1.77m (5' 10") x 3.70m (12' 2") This room is currently being used as an office includes the staircase leading up to the attic room, with a door providing privacy.
It can provide space for a single bed, or used as a play room, dressing room , music room, etc. to suit the buyer.
Shower Room 1.87m (6' 2") x 2.70m (8' 10") This room includes: WC; pedestal wash hand basin; walk-in style shower; mirrored cupboard; and shelf.
Attic Room 5.07m (16' 8") x 3.10m (10' 2") A very useful boarded loft / attic space with a Velux window.
Externally There is an attractive walled-in garden at the front of the property, which is paved to provide an ideal space to accommodate outdoor seating and potted plants.
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
Agent & docs
FAQ
About 22 Manchester Road, Greenfield
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