3 Bed Terraced House, Single Let, Oldham, OL2 6UW, £219,950

Thornham Lane, Thornham, Royton, Oldham, OL2 6UW - 2 years ago

Leasehold
BTL
ROI: 2%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£78K - £507.5K
Sold Prices/m²£1K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£249,425
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£54,988

Stamp Duty & Legal Fees

£7,799

Total Cash In

£62,786

 

 

Cash Out

 

Rent Range

£850 - £1,450

Rent Estimate

£1,028

Running Costs/mo

£913

Cashflow/mo

£115

Cashflow/yr

£1,381

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £78K to £507.5K, average is £245K. £1K/m² to £4.1K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£235K03/210.05 mi11, Thornham Lane, Royton, Oldham, Greater Manchester OL2 6UW3
£195K03/210.06 mi7, Loughrigg Avenue, Royton, Oldham, Greater Manchester OL2 6XA3
£225K11/200.06 mi12, St James Close, Rochdale, Greater Manchester OL16 4SJ3
£210K08/210.06 mi17, Mardale Avenue, Royton, Oldham, Greater Manchester OL2 6UT3
£245K04/230.07 mi6, Grisedale Avenue, Royton, Oldham, Greater Manchester OL2 6XB3
£340K11/220.08 mi23, Thornham Lane, Royton, Oldham, Greater Manchester OL2 6UW3
£195K03/210.09 mi12, Cliftonville Road, Rochdale, Greater Manchester OL16 4SG3
£262.5K07/210.09 mi10, Cliftonville Road, Rochdale, Greater Manchester OL16 4SG3
£315K12/230.09 mi25, Cliftonville Road, Rochdale, Greater Manchester OL16 4SG3
£185K08/210.13 mi67, Springfield Lane, Royton, Oldham, Greater Manchester OL2 6XW3
£244.9K04/210.14 mi6, Deepdale Avenue, Royton, Oldham, Greater Manchester OL2 6XD3
£455K04/210.15 mi933, Oldham Road, Rochdale, Greater Manchester OL16 4SE3
£507.5K11/200.15 mi939, Oldham Road, Rochdale, Greater Manchester OL16 4SE3
£212.5K09/230.15 mi961, Oldham Road, Rochdale, Greater Manchester OL16 4SE3
£277K12/230.15 mi3, Lakeland Drive, Royton, Oldham, Greater Manchester OL2 6XE3
£350K12/230.15 mi5, Marsden Close, Rochdale, Greater Manchester OL16 4SD3
£310K03/210.17 mi104, Shaw Road, Rochdale, Greater Manchester OL16 4SQ3
£265K03/210.17 mi76, Shaw Road, Rochdale, Greater Manchester OL16 4SQ3
£340K05/210.18 mi968, Oldham Road, Rochdale, Greater Manchester OL11 2BS3
£440K08/230.18 mi948, Oldham Road, Rochdale, Greater Manchester OL11 2BS3
£165K11/200.3 mi679, Rochdale Road, Royton, Oldham, Greater Manchester OL2 5UT3
£295K05/230.31 mi913, Oldham Road, Rochdale, Greater Manchester OL16 4RY3
£367.5K09/230.35 mi896, Oldham Road, Rochdale, Greater Manchester OL11 2BN3
£285K07/220.49 mi13, Grasmere Road, Royton, Oldham, Greater Manchester OL2 6SR3
£187K07/240.51 mi576, Oldham Road, Rochdale, Greater Manchester OL11 2AZ3
£305K12/220.52 mi111, Grasmere Road, Royton, Oldham, Greater Manchester OL2 6SW3
£328.3K09/230.52 mi11, Buttermere Grove, Royton, Oldham, Greater Manchester OL2 6SX3
£253.8K09/230.52 mi11, Newark Park Way, Royton, Oldham, Greater Manchester OL2 5YQ3
£170K11/200.52 mi24, Newark Park Way, Royton, Oldham, Greater Manchester OL2 5YQ3
£302K12/220.52 mi9, Newark Park Way, Royton, Oldham, Greater Manchester OL2 5YQ3
£170K09/230.54 mi86, Grasmere Road, Royton, Oldham, Greater Manchester OL2 6SJ3
£295K07/230.57 mi1, Sandringham Way, Royton, Oldham, Greater Manchester OL2 5YH3
£140K06/210.57 mi490, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6TR3
£158.3K10/200.59 mi14, Hawkshead Drive, Royton, Oldham, Greater Manchester OL2 6TW3
£215K02/210.59 mi6, Hawkshead Drive, Royton, Oldham, Greater Manchester OL2 6TW3
£320K12/220.59 mi19, Borrowdale Close, Royton, Oldham, Greater Manchester OL2 6TN3
£232K02/230.59 mi9, Brecon Close, Royton, Oldham, Greater Manchester OL2 5YG3
£242K05/210.59 mi19, Borrowdale Close, Royton, Oldham, Greater Manchester OL2 6TN3
£168K03/210.61 mi4, Coniston Grove, Royton, Oldham, Greater Manchester OL2 6TA3
£78K10/210.62 mi4, Lewisham Close, Royton, Oldham, Greater Manchester OL2 5YD3
£299.9K11/210.62 mi8, Ashdown Way, Shaw, Oldham, Greater Manchester OL2 7LZ3
£175K04/210.64 mi22, Ash Grove, Royton, Oldham, Greater Manchester OL2 6TJ3
£182K12/200.64 mi14, Ash Grove, Royton, Oldham, Greater Manchester OL2 6TJ3
£185K08/230.67 mi3, Oak Avenue, Royton, Oldham, Greater Manchester OL2 6TB3
£115K12/200.67 mi444, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6TS3
£305K09/230.68 mi31, Marlfield Road, Shaw, Oldham, Greater Manchester OL2 7NF3
£183K03/230.7 mi13, Fairway Crescent, Royton, Oldham, Greater Manchester OL2 6TT3
£260K11/220.71 mi58, Sherwood Way, Shaw, Oldham, Greater Manchester OL2 7NB3
£290K08/210.71 mi79, Sherwood Way, Shaw, Oldham, Greater Manchester OL2 7NB3
£190K03/210.71 mi71, Sherwood Way, Shaw, Oldham, Greater Manchester OL2 7NB3

Local Rents

18 rents from £850/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85006/240.13 miThornham Court Royton. 3
£1,10006/240.61 mi-3
£1,20003/250.61 mi-3
£1,25006/240.67 miGinnell Farm Avenue, Rochdale3
£1,10012/240.73 miApple Tree Way, Rochdale, OL163
£1,10006/240.84 miRochdale Road, Royton, Oldham, Greater Manchester, OL23
£1,10012/240.88 mi-3
£97506/240.9 miDogford Road, Royton3
£1,40003/250.95 mi-3
£1,45006/240.99 miHill Top Drive, Rochdale, OL113
£1,45006/240.99 mi-3
£1,30004/250.99 mi-3
£1,30006/241.02 miDenbydale Way, Royton, Oldham, Greater Manchester, OL23
£1,10012/241.14 mi-3
£1,10012/241.14 miBroad Lane, Rochdale, OL163
£1,15002/251.18 mi-3
£1,15004/251.22 mi-3
£1,08012/241.22 mi-3

Local Area Statistics

Population in OL2

42,193

Population in Oldham

182,174

Town centre distance

2.68 miles away

Nearest school

0.10 miles away

Nearest train station

1.84 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Listed for £219,950

February 9, 2023

Floor Plans

Description

  • THORNHAM +
  • POPULAR LOCATION +
  • THREE GOOD SIZED BEDROOMS +
  • GOOD SIZED GARDEN TO THE REAR +
  • COUNCIL TAX - B +
  • LEASEHOLD - 994 YEARS FROM 22ND AUGUST 1928 - GROUND RENT - £TBC +

With three generous bedrooms and a sizeable rear garden, this is an ideal young family home situated in well-regarded and very popular location close to Thornham St. James school. Internal inspection is recommended and will reveal a spacious and smartly presented interior featuring entrance hall, good-sized lounge with bay window, kitchen/diner, three generous bedrooms and a stylish bathroom. Generous rear garden. EPC - C

With three generous bedrooms and a sizeable rear garden, this is an ideal young family home situated in a well-regarded and very popular location close to Thornham St. James school.

Internal inspection is recommended and will reveal a spacious interior featuring entrance hall, good-sized lounge with large bay window, kitchen/diner, three generous bedrooms and a stylish modern bathroom.

Outside, there is an attractive garden to the front, whilst to the rear there is a generous, enclosed garden with a paved patio, and good-sized lawned area.

Thornham Lane runs between Rochdale Road and Castleton Road on the Royton/Rochdale border and offers easy access to Royton, Oldham, and Rochdale centres whilst the the north west motorway network is just a short drive away.

Thornham Lane is found just off Castleton Road

All mains services are understood to be available.

Agent Details

Ryder & Dutton, Royton

0161 524 2734

Next Steps?

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