We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · OL16 4UJ
Listing removedListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular yet convenient location, this mid-terraced house is found just off the main Oldham to Rochdale road making it within walking distance of excellent local amenities including local schools whilst also a short journey to the motorway network.
Internally, the property boasts ideal first-time buyer living accommodation comprising of a spacious lounge, fitted dining kitchen, two bedrooms and a three-piece bathroom.
The property benefits from having gas central heating and upvc double glazing throughout. There is a private yard to the rear.
Ground Floor Lounge (14' 2'' x 13' 0'' (4.31m x 3.96m)) Spacious room Dining Kitchen (13' 0'' x 9' 6'' (3.96m x 2.9m)) Fitted with a range of base & wall units, hob & oven, sink and stairs leading to the first floor First Floor Landing (6' 10'' x 5' 10'' (2.09m x 1.78m)) Bedroom One (13' 0'' x 8' 10'' (3.96m x 2.68m)) Double room with fitted wardrobes Bedroom Two (12' 4'' x 6' 10'' (3.75m x 2.08m)) Single room Bathroom (7' 8'' x 5' 10'' (2.34m x 1.78m)) Three-piece suite comprising of a wc, wash hand basin and bath with shower Heating The property benefits from having gas central heating and upvc double glazing throughout External Private rear yard Additional Information Tenure - Leasehold EPC Rating - D Council Tax Band - A
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
Agent & docs
.png){kind=logo}
FAQ
About 61, Watkin Street, Rochdale
Explore nearby
