2 Bed Terraced House, Single Let, Oldham, OL9 8HL, £155,000

8A Turf Lane, Oldham, Greater Manchester, OL9 8HL - 5 months ago

Leasehold
BTL
ROI: 3%
59 m²
+5 photos

ValuationOvervalued

Sold Prices£70K - £210K
Sold Prices/m²£955/m² - £2.7K/m²

 

 

Square Metres

59 m²
Price/m²£2.6K/m²

Value Estimate

£96,821

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£6,000

Total Cash In

£44,750

 

 

Cash Out

 

Rent Range

£750 - £1,200

Rent Estimate

£809

Running Costs/mo

£666

Cashflow/mo

£143

Cashflow/yr

£1,714

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £210K, average is £130K. £955/m² to £2.7K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£85K03/230 mi13, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HL2
£123K05/210.02 mi24, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HB2
£114K04/210.02 mi14, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HB2
£156.5K01/230.06 mi34, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HN2
£82K05/230.06 mi44, Glebe Street, Chadderton, Oldham, Greater Manchester OL9 8JE2
£138K09/210.07 mi60, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HH2
£125K12/200.07 mi74, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HH2
£145K02/230.07 mi71, Glebe Street, Chadderton, Oldham, Greater Manchester OL9 8JE2
£145K11/230.07 mi64, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HH2
£100K03/210.11 mi87, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HW2
£110.5K12/210.13 mi211, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JS2
£100K12/200.13 mi212, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JS2
£87.5K03/210.13 mi179, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JS2
£130K07/230.14 mi14, Shelley Road, Chadderton, Oldham, Greater Manchester OL9 8HU2
£128K05/210.16 mi81, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HF2
£104K07/210.19 mi139, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HR2
£97.5K10/200.19 mi133, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HR2
£95K05/210.21 mi119, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JR2
£166K11/230.21 mi116, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ2
£210K09/230.21 mi20, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ2
£160K01/210.21 mi38, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ2
£129K06/210.22 mi36, Lancaster Street, Chadderton, Oldham, Greater Manchester OL9 8LE2
£129.9K12/210.28 mi96, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£133K11/230.28 mi103, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£75K07/230.28 mi78, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£70K12/200.28 mi102, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£70K03/210.28 mi87, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£112.5K11/210.28 mi79, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£143K08/210.35 mi15, Scholes Street, Chadderton, Oldham, Greater Manchester OL9 8LN2
£155K02/230.36 mi9, Ross Avenue, Chadderton, Oldham, Greater Manchester OL9 8AN2
£125K12/200.36 mi69, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD2
£145K06/230.37 mi57, Hardman Street, Chadderton, Oldham, Greater Manchester OL9 7HE2
£132K02/240.37 mi85, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL2
£180K04/230.4 mi30, Argyll Road, Chadderton, Oldham, Greater Manchester OL9 8AL2
£135K05/210.41 mi19, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AB2
£140K11/210.41 mi30, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AB2
£142.7K12/230.42 mi174, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT2
£135K11/230.42 mi170, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT2
£86.5K12/200.42 mi123, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT2
£152K08/230.44 mi43, Thompson Lane, Chadderton, Oldham, Greater Manchester OL9 8LX2
£133K03/210.46 mi2, Carrington Street, Chadderton, Oldham, Greater Manchester OL9 7PE2
£195K08/230.47 mi6, Teasdale Close, Chadderton, Oldham, Greater Manchester OL9 8AS2
£188.5K03/230.47 mi70, Teasdale Close, Chadderton, Oldham, Greater Manchester OL9 8AS2
£194K03/230.47 mi30, Teasdale Close, Chadderton, Oldham, Greater Manchester OL9 8AS2
£172K09/230.47 mi3, Atherley Grove, Manchester, Greater Manchester M40 3RE2
£120K04/210.47 mi42, Hive Street, Oldham, Greater Manchester OL8 4QS2
£113K11/210.47 mi122, Whitegate Lane, Chadderton, Oldham, Greater Manchester OL9 8RP2
£129K05/210.48 mi35, Derby Street, Chadderton, Oldham, Greater Manchester OL9 7HX2
£114K02/210.48 mi14, Wilton Street, Chadderton, Oldham, Greater Manchester OL9 7NY2
£157K12/220.49 mi9, Farrand Road, Oldham, Greater Manchester OL8 4QP2

Local Rents

38 rents from £750/mo to £1.2K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£99507/240.07 mi-2
£1,05007/240.07 mi-2
£95006/240.08 mi-2
£99501/250.1 mi-2
£1,00003/250.1 mi-2
£99508/240.15 miRose Street, Oldham, OL92
£95006/240.15 mi-2
£99508/240.17 miRose Street, Oldham, OL92
£90008/240.21 mi-2
£92503/250.21 mi-2
£90006/240.22 miLancaster Street, Chadderton, Oldham2
£1,10003/250.27 mi-2
£95002/250.27 mi-2
£80007/240.29 miCoalshaw Green Road, Chadderton2
£95002/250.33 mi-2
£1,05002/250.33 mi-2
£85006/240.34 mi-2
£89506/240.38 mi-2
£89508/240.4 mi-2
£92503/250.45 mi-2
£87502/250.46 mi-2
£1,00006/240.47 miTeasdale Close, Oldham2
£90008/240.5 miWhitegate Lane, Chadderton, Oldham2
£90008/240.5 miWhitegate Lane, Chadderton, Oldham2
£92512/240.51 mi-2
£1,10007/240.54 miGlenham Way, Oldham, Lancashire, OL92
£1,07502/250.55 mi-2
£92503/250.56 mi-2
£90008/240.58 miWesley Street, Failsworth, Manchester2
£89505/240.58 miWesley Street, Failsworth, Manchester2
£82508/240.59 mi-2
£77509/240.59 mi-2
£90003/250.59 mi-2
£1,10006/240.6 mi-2
£75011/240.6 mi-2
£1,20004/250.6 mi-2
£90005/240.62 mi-2
£85008/240.62 miHollins Road, Hollinwood, Oldham2

Local Area Statistics

Population in OL9

40,528

Population in Oldham

182,174

Town centre distance

2.73 miles away

Nearest school

0.30 miles away

Nearest train station

0.33 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Price changed to £155,000

March 24, 2025

Listed for £160,000

November 11, 2024

Sold for £60,000

2016

Floor Plans

Description

  • TWO BEDROOMS +
  • TERRACED PROPERTY +
  • LARGE REAR GARDEN +
  • IDEAL LOCATION +
  • UVPC DOUBLE GLAZING & GAS CENTRAL HEATING +
  • VIEWING HIGHLY RECOMMENDED +

Clarke & CO estate agents are delighted to bring to the market this two bedroom terraced property located in the popular and convenient area of Chadderton.
Close to local amenities, schools, outdoor areas (Coalshaw Green Park) and transport links offering amble access into Chadderton and Oldham.
The accommodation on offer briefly comprises; entrance hallway, lounge and kitchen to the ground floor. The first floor consists of two bedrooms and a family bathroom. Externally small fronted garden and a large garden to the rear split into two areas laid mainly to flag and turf. This accommodation would make an ideal first home or investment opportunity. To arrange a viewing please call our office on:

Entrance Hallway
Upvc entrance door and stairs to first floor.

Lounge 4.14m (13'7") x 3.35m (11'0")
Front facing leaded upvc window and radiator.

Kitchen 4.32m (14'2") x 2.97m (9'9")
Wide range of wall and base units in a gloss white finish with complimentary worktops and splashback tiling. Single bowl, single drainer stainless steel sink unit and monotap. Built in electric oven, four ring ceramic hob and canopy extractor fan. Plumbed for automatic washer, space for fridge freezer, ceramic tiled flooring and under stairs storage. Two rear facing uvpc double glazed windows, breakfast bar , radiator and ceramic tiled flooring.

Stairs to first floor
Landing

Bedroom One 4.32m (14'2") x 4.14m (13'7")
Front facing uvpc leaded box bay window and radiator.

Bedroom Two 2.97m (9'9") x 2.36m (7'9")
Rear facing uvpc double glazed window

Bathroom
Three piece suite in white comprising; panelled bath with an overhead electric shower and glass screen, wc and vanity basin. Chrome towel radiator, rear facing uvpc double glazed window and extractor fan.

Externally
Externally small fronted garden and a large garden to the rear split into two areas laid mainly to flag and turf.

Agent Details

Clarke & Co, Chadderton

0161 524 2702

Next Steps?

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