2-bedroom terraced house · OL4 4PY
Sold STCListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom end terrace property is located in Springhead and within easy reach of Grotton Village as well as Lees Village and its local amenities.
It is also conveniently positioned for commutes to Oldham and surrounding areas along with the M62 and M60 motorways.
The accommodation is fully double glazed and combi boiler heated and comprises of an entrance vestibule, lounge, kitchen / diner with stairs rising to landing with 2 bedrooms and bathroom.
To the rear there is a paved yard area with steps rising to a communal garden. Ideal for the first time buyer or investor.
EPC Rating E FREEHOLD Council Tax Band A Entrance Vestibule The UPVc main door opens to the vestibule.
An ideal place to hang cloaks and boots etc Lounge 4.53m (14' 10") x 4.09m (13' 5") The spacious front facing lounge is large enough to accommodate modern sofas and other furniture.
There is fireplace with gas fire for additional heat on those long winter evenings Kitchen / Diner 4.53m (14' 10") x 2.70m (8' 10") The kitchen has a selection of base and units with wooden style doors with splash back tiling and complimentary work tops and comes complete with oven and hob along with space for a washing machine and fridge freezer.
An under stairs area allows for good storage. The room has space for a table and chairs for occasional dining.
Stairs and Landing Stairs from the kitchen are accessed by a door and rise to the landing Master Bedroom 4.53m (14' 10") x 4.09m (13' 5") The master bedroom has space enough for a king size bed along with other bedroom furniture.
There is an original built in cupboard to the alcove. Front and side facing windows provide an abundance of natural light to this room.
A dedicated door gives access to the Jack'n'Jill bathroom Bedroom 2 3.42m (11' 3") x 1.90m (6' 3" ) The second bedroom has space for a bed and wardrobes.
There is access to storage over the landing providing access to the loft for more storage.
A dedicated door gives access to the Jack'n'Jill bathroom Jack n Jill Bathroom The Jack'n'Jill bathroom has doors to the both bedrooms and is fitted with a three piece suite consisting of a low level WC, wash hand basin and bath with mains fed mixer shower over and shower screen.
Externally There is a small paved area to the front providing an area for potted plants etc. A gated side ginnel leads to the rear paved yard. Steps then rise up to a well maintained garden
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 113 Oldham Road, Springhead, OL4 4PY
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