3-bedroom house · OL1 2RX
Listing removedReduced £25k (−6.3%) on 20 JunListed 166 days
Opportunity summary
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About
This is a rare opportunity to acquire and develop this farm house and part of the adjoining barn with additional large garden plot.
Nodgate Farm is located on Cragg Road in a most popular area, close to open country side yet with easy reach to very well regarded local schools with Royton and Chaddertons many and varied amenities, excellent public transport links and the North West motorway network close by.
The buildings require a comprehensive program of updating and modernisation with the barn area either incorporated into the farm house or separately subject to planning permission.
The room and present layout can be seen on the photos and floorplan and an internal inspection is recommended for any serious potential purchasers.
It is offered for sale with vacant possession and therefore no chain Entrance Lounge - 14'5" (4.39m) x 15'5" (4.7m) Kitchen - 9'9" (2.97m) x 12'4" (3.76m) Pantry/Larder Room - 10'0" (3.05m) x 6'9" (2.06m) Utility - 10'0" (3.05m) x 7'9" (2.36m) Dining room/Office Space - 14'5" (4.39m) x 15'9" (4.8m) Split Level Sitting Room - 14'5" (4.39m) x 15'9" (4.8m) Bedroom One - 14'5" (4.39m) x 10'3" (3.12m) Bedroom Two - 10'0" (3.05m) x 12'5" (3.78m) Bedroom Three - 10'0" (3.05m) x 9'3" (2.82m) Bathroom W/C - 6'9" (2.06m) x 2'8" (0.81m) Stables - 35'3" (10.74m) x 12'7" (3.84m) Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Nodgate Farm, Cragg Road, Oldham
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