2 Bed House, Planning Permission, Oldham, OL9 8NZ, £220,000

Fields New Road, Oldham, OL9 8NZ - 9 months ago

Leasehold
Planning
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£70K - £270K
Sold Prices/m²£1.2K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£117,066

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£775 - £1,200

Rent Estimate

£800

Running Costs/mo

£868

Cashflow/mo

£-67

Cashflow/yr

£-810

Gross Yield

4%

Local Sold Prices

50 sold prices from £70K to £270K, average is £120K. £1.2K/m² to £3.3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£98K01/210 mi235, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NZ2
£132.5K10/210.07 mi248, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 8PE2
£117.5K12/200.07 mi252, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 8PE2
£116K06/210.08 mi217, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DG2
£89K03/210.11 mi35, Gorton Street, Chadderton, Oldham, Greater Manchester OL9 8QH2
£112K02/230.11 mi41, Gorton Street, Chadderton, Oldham, Greater Manchester OL9 8QH2
£130K09/230.13 mi162, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NT2
£107K06/230.13 mi176, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NT2
£136K02/230.15 mi73, Robinson Street, Chadderton, Oldham, Greater Manchester OL9 8QL2
£105K07/210.16 mi42, Agnes Street, Chadderton, Oldham, Greater Manchester OL9 8QR2
£85K03/210.16 mi26, Agnes Street, Chadderton, Oldham, Greater Manchester OL9 8QR2
£140K10/230.16 mi191, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DQ2
£115K05/210.16 mi197, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DQ2
£109K04/230.17 mi206, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 8PL2
£170K07/230.17 mi54, Wiltshire Road, Chadderton, Oldham, Greater Manchester OL9 7RY2
£103K02/210.17 mi38, Wiltshire Road, Chadderton, Oldham, Greater Manchester OL9 7RY2
£143K06/230.17 mi16, Wiltshire Road, Chadderton, Oldham, Greater Manchester OL9 7RY2
£120K11/210.17 mi33, Robinson Street, Chadderton, Oldham, Greater Manchester OL9 8QS2
£155K03/230.18 mi21, Stansfield Street, Chadderton, Oldham, Greater Manchester OL9 7RT2
£160K11/210.19 mi1, Huntingdon Avenue, Chadderton, Oldham, Greater Manchester OL9 7RZ2
£119K08/210.19 mi7, Hampshire Road, Chadderton, Oldham, Greater Manchester OL9 7RX2
£110K03/230.19 mi5, Hampshire Road, Chadderton, Oldham, Greater Manchester OL9 7RX2
£101K02/210.2 mi29, Rochester Way, Chadderton, Oldham, Greater Manchester OL9 9BQ2
£115K11/200.2 mi112, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7RU2
£270K07/220.21 mi51, Lindale Avenue, Chadderton, Oldham, Greater Manchester OL9 9DW2
£200K02/210.21 mi53, Lindale Avenue, Chadderton, Oldham, Greater Manchester OL9 9DW2
£148K11/230.21 mi25, Marfield Avenue, Chadderton, Oldham, Greater Manchester OL9 8PN2
£174K12/230.21 mi2, Marfield Avenue, Chadderton, Oldham, Greater Manchester OL9 8PN2
£210K02/210.22 mi2, Carnforth Avenue, Chadderton, Oldham, Greater Manchester OL9 9DN2
£120K12/210.24 mi157, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DH2
£86K12/200.26 mi14, Sidmouth Street, Oldham, Greater Manchester OL9 7RG2
£117.5K12/230.27 mi191, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7SD2
£187.5K04/220.29 mi4, Glasson Walk, Chadderton, Oldham, Greater Manchester OL9 9DR2
£70K10/230.3 mi6, Radnor Street, Oldham, Greater Manchester OL9 7RH2
£95K06/210.3 mi18, Whitstable Close, Chadderton, Oldham, Greater Manchester OL9 9LX2
£108K02/210.32 mi248, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7QB2
£125.5K06/210.32 mi297, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7QA2
£105K12/200.32 mi295, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7QA2
£160K09/230.33 mi33, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9EA2
£178K06/230.35 mi12, Abbey Grove, Chadderton, Oldham, Greater Manchester OL9 8RJ2
£190K09/230.35 mi7, Abbey Grove, Chadderton, Oldham, Greater Manchester OL9 8RJ2
£162K05/210.35 mi14, Abbey Grove, Chadderton, Oldham, Greater Manchester OL9 8RJ2
£88K01/230.36 mi61, Oxford Street, Oldham, Greater Manchester OL9 7SL2
£115K10/230.38 mi31, Stafford Street, Oldham, Greater Manchester OL9 7BG2
£165K07/230.4 mi46, Eaves Lane, Chadderton, Oldham, Greater Manchester OL9 8RG2
£154K08/210.41 mi9, Milton Drive, Chadderton, Oldham, Greater Manchester OL9 9RA2
£190K06/210.41 mi5, Lyndhurst Avenue, Chadderton, Oldham, Greater Manchester OL9 9QT2
£130K05/230.41 mi4, Dairy Street, Chadderton, Oldham, Greater Manchester OL9 9HA2
£110K04/210.41 mi10, Dairy Street, Chadderton, Oldham, Greater Manchester OL9 9HA2
£155K02/230.43 mi67, Queens Road, Chadderton, Oldham, Greater Manchester OL9 9HR2

Local Rents

19 rents from £775/mo to £1.2K/mo, average is £915/mo.

RentDateDistanceAddressBeds 
£87507/240.07 miDenton Lane, Chadderton, Oldham2
£77509/240.25 mi-2
£95011/240.29 mi-2
£1,10007/240.3 miGlenham Way, Oldham, Lancashire, OL92
£80007/240.31 mi-2
£90003/250.38 mi-2
£92512/240.39 mi-2
£92507/240.45 miQueens Road, Chadderton, Oldham, Greater Manchester, OL92
£91508/240.45 miQueens Road, Chadderton, Oldham, Greater Manchester, OL92
£85007/240.45 mi-2
£90008/240.47 miWhitegate Lane, Chadderton, Oldham2
£90008/240.47 miWhitegate Lane, Chadderton, Oldham2
£85006/240.51 mi-2
£80007/240.56 miCoalshaw Green Road, Chadderton2
£1,10003/250.57 mi-2
£95002/250.57 mi-2
£95002/250.6 mi-2
£1,05002/250.6 mi-2
£1,20004/250.6 mi-2

Local Area Statistics

Population in OL9

40,528

Population in Oldham

182,174

Town centre distance

2.07 miles away

Nearest school

0.10 miles away

Nearest train station

0.83 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Price changed to £220,000

December 4, 2024

Listed for £175,000

June 27, 2024

Floor Plans

Description

  • Two Double Bedrooms ( formerly three, easily to convert back) +
  • Large Garage +
  • Ideal for Extension +
  • Two Kitchens +
  • Large Rooms +
  • Large rear Garden +
  • Planning Permission to Build Another House at the Side. +
  • No Chain +
  • New Kitchen +
  • Recently Fitted Bathroom +

Fantastic opportunity to purchase this two bedroomed garden fronted end property that has PLANNING PERMISSION to build another two bedroomed house at the side. It currently has a large garage on the side that has a 2nd kitchen at the rear. This property was originally a three bedroomed house and could easily be converted back. Benefits from having a full re-wire in the main house. Full Gas Central Heating via Combi Boiler ( recently serviced). Large rooms with a newly fitted kitchen and a very recent fitted bathroom. At the rear there is a large flagged garden with gates to enable access for vehicles. This is a Great Opportunity for a large family wanting to extend .

Agent Details

Cornerstone Estates & Lettings Limited, Shaw

01706 619161

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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