3 Bed Terraced House, Single Let, Oldham, OL9 8HN, £170,000

Turf Lane, Oldham, OL9 8HN - 6 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£75K - £266K
Sold Prices/m²£926/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£209,578
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£895 - £2,000

Rent Estimate

£949

Running Costs/mo

£741

Cashflow/mo

£208

Cashflow/yr

£2,495

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £75K to £266K, average is £171K. £926/m² to £3.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£205K02/230.04 mi7, Houseley Avenue, Chadderton, Oldham, Greater Manchester OL9 8HX3
£157.5K02/210.04 mi25, Houseley Avenue, Chadderton, Oldham, Greater Manchester OL9 8HX3
£83.5K03/230.06 mi77, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HW3
£185K09/230.08 mi1, Elizabeth Avenue, Chadderton, Oldham, Greater Manchester OL9 8LY3
£217K01/230.11 mi20, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£230K03/230.11 mi8, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£179K07/210.11 mi9, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£265K06/230.11 mi9, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£159.9K10/200.11 mi16, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£217.8K01/230.12 mi6, Gordon Avenue, Chadderton, Oldham, Greater Manchester OL9 8LB3
£157.5K09/230.12 mi89, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HF3
£160K03/230.12 mi116, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HF3
£266K11/220.14 mi33, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£265K05/230.14 mi140, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HR3
£195K05/230.17 mi4, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£150K11/210.17 mi120, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£181K07/230.17 mi68, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£160K11/210.17 mi23, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BH3
£175K12/200.17 mi19, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BH3
£108.5K06/210.17 mi91, Henley Street, Chadderton, Oldham, Greater Manchester OL9 8JZ3
£100K04/230.17 mi105, Henley Street, Chadderton, Oldham, Greater Manchester OL9 8JZ3
£162.3K12/220.17 mi15, Berkeley Avenue, Chadderton, Oldham, Greater Manchester OL9 8BL3
£167.5K03/210.21 mi61, Long Lane, Chadderton, Oldham, Greater Manchester OL9 8AZ3
£170K05/210.25 mi48, Sycamore Avenue, Chadderton, Oldham, Greater Manchester OL9 8BB3
£157K12/220.25 mi93, Sycamore Avenue, Chadderton, Oldham, Greater Manchester OL9 8BB3
£150K11/210.33 mi51, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD3
£135K12/200.33 mi80, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD3
£108K03/210.35 mi34, Summercroft, Chadderton, Oldham, Greater Manchester OL9 7JP3
£145.5K08/230.36 mi43, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£179.9K05/210.36 mi24, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£165K01/210.36 mi47, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£160K09/230.36 mi22, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£135K12/200.36 mi95, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL3
£156K03/210.36 mi93, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL3
£182K11/210.36 mi189, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DE3
£140K12/200.36 mi181, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DE3
£140K10/210.36 mi183, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DE3
£195K04/210.36 mi173, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DE3
£196.5K03/210.37 mi27, Atherley Grove, Chadderton, Oldham, Greater Manchester OL9 8DD3
£180K03/230.38 mi16, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AB3
£180K11/200.41 mi20, Thorley Close, Chadderton, Oldham, Greater Manchester OL9 8DT3
£217.5K12/200.41 mi200, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DF3
£215K10/230.41 mi216, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DF3
£245K03/210.41 mi24, Teasdale Close, Chadderton, Oldham, Greater Manchester OL9 8AS3
£177K02/230.42 mi42, Cartmel Crescent, Chadderton, Oldham, Greater Manchester OL9 8BZ3
£152.5K11/200.42 mi8, Cartmel Crescent, Chadderton, Oldham, Greater Manchester OL9 8BZ3
£185K10/230.42 mi36, Cartmel Crescent, Chadderton, Oldham, Greater Manchester OL9 8BZ3
£172K08/210.42 mi101, Higher House Close, Chadderton, Oldham, Greater Manchester OL9 8LP3
£187K08/230.43 mi12, Higher House Close, Chadderton, Oldham, Greater Manchester OL9 8LR3
£75K11/200.44 mi14, Leslie Avenue, Chadderton, Oldham, Greater Manchester OL9 7HF3

Local Rents

32 rents from £895/mo to £2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£89506/240.17 miCoalshaw Green Road, Chadderton, Oldham3
£1,20508/240.2 miRose Street, Chadderton, OL93
£1,20508/240.2 miRose Street, Chadderton, OL93
£1,15508/240.21 miRose Street, Chadderton, Oldham3
£1,22508/240.22 miRose Street, Chadderton, Oldham3
£95008/240.23 miCoalshaw Green Road, Chadderton, Oldham, Greater Manchester, OL93
£1,20009/240.26 mi-3
£1,20006/240.28 mi-3
£94906/240.31 mi-3
£95006/240.31 miRoss Avenue, Chadderton, Oldham, OL93
£95007/240.31 mi-3
£95010/240.33 mi-3
£95011/240.33 mi-3
£1,05012/240.45 mi-3
£1,20008/240.47 miButterworth Lane, Chadderton, Oldham3
£1,10002/250.47 mi-3
£1,20006/240.48 miWhitegate Lane, Chadderton, Oldham, OL93
£1,00006/240.48 mi-3
£1,20003/250.48 mi-3
£1,02507/240.49 miMaple Grove, Oldham, Greater Manchester, M403
£2,00007/240.49 mi-3
£1,20009/240.54 mi-3
£1,20009/240.54 miBroadway, Chadderton, OL93
£1,00007/240.54 miNorthfield Road, New Moston, Manchester3
£1,40006/240.55 mi-3
£1,50006/240.58 mi-3
£1,15002/250.59 mi-3
£1,15008/240.61 miMinor Street, Failsworth, Manchester, M35 9EL3
£1,09505/240.62 mi-3
£1,09510/240.62 mi-3
£1,09511/240.62 mi-3
£1,19503/250.62 mi-3

Local Area Statistics

Population in OL9

40,528

Population in Oldham

182,174

Town centre distance

2.77 miles away

Nearest school

0.30 miles away

Nearest train station

0.35 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Listed for £170,000

October 18, 2024

Sold for £110,000

2007

Floor Plans

Description

  • Book Viewings Online 24/7 +
  • Chain Free +
  • Large End Terrace Home +
  • Well Presented +
  • Close To M60 Motorway Network +
  • Two Receptions +
  • Well Located For Local Amenities +
  • Three Bedrooms +

The Property
Offered to the market chain-free, this large three-bedroom end-terraced home in Chadderton is a fantastic opportunity for first-time buyers, families, or investors. The property is well-presented throughout and boasts generous living spaces, both inside and out. Situated in a highly convenient location, just a short drive from the M60 motorway network and close to local amenities, this home combines comfort and accessibility.

Upon entering the property, you are welcomed into a bright entrance hall that leads to the main living areas. The ground floor offers a spacious living room, perfect for relaxing or entertaining, while the separate dining room provides an ideal space for family meals or gatherings. The well-appointed kitchen at the rear of the home offers ample storage and workspace, making it a practical and functional hub for cooking and meal preparation.

On the first floor, the property features three well-sized bedrooms, each offering plenty of space for family members or guests. The large family bathroom is also located on this floor, fitted with modern fixtures.

Externally, the property benefits from a rear garden, offering a private outdoor space for relaxation, gardening, or family activities. There is also a small garden at the front, adding curb appeal and a welcoming touch to the home.

This property is situated in Chadderton, a highly desirable area with excellent transport links, including close proximity to the M60 motorway, making commuting to Manchester and the surrounding areas simple. Local amenities such as shops, schools, and parks are also nearby.

With its spacious layout, chain-free status, and excellent location, this well-presented three-bedroom end-terraced home offers a great opportunity to move into a comfortable and convenient property.

Book viewings 24 hours a day 7 days a week by clicking the brochure link below, visiting our website or alternatively you can arrange by calling our offfice.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/01/2868

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Oldham

020 3834 7910

Next Steps?

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