1-bedroom flat · OL1 3BY
Listing removedListed 291 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor flat located in Oldham town centre. Requiring refurbishment but full of potential! EPC - D.
This is a one bedroom ground floor apartment situated quite literally on the doorstep of Oldham town centre.
The property is requiring refurbishment and modernisation, but it is full of potential, and is offered for sale with no onward chain.
The property comprises an entrance hallway, lounge, double bedroom, kitchen, bathroom and a useful storage room.
This property is suited to a wide range of buyers and would be an excellent opportunity for investors, first time buyers or those wanting to downsize.
Centrally located, the property is just a 2 minute walk into Oldham town centre which offers a wide range of amenities and facilities.
King Street tram stop is also only a 10 minute walk away which offers quick and frequent access into Manchester city centre.
PLEASE NOTE: There is an annual service charge payable on the property of approximately £768 per year - Solicitors will confirm further details.
As part of making an offer, we’re required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
Community heating system Anti-Money Laundering (AML) Checks - As part of making an offer, we're required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
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 Henshaw Street, Oldham, Greater Manchester, OL1
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