2 Bed House, Single Let, Oldham, OL3 5LB, £395,000

6 Diggle Mill, Diggle, Oldham, OL3 5LB - 3 views - 4 months ago

Sold STC
Leasehold
BTL
123 m²
+16 photos

ValuationOvervalued

Sold Prices£125K - £425K
Sold Prices/m²£1.5K/m² - £5.6K/m²

 

 

Square Metres

123 m²
Price/m²£3.2K/m²

Value Estimate

£366,917

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£98,750

Stamp Duty & Legal Fees

£20,300

Total Cash In

£119,050

 

 

Cash Out

 

Rent Range

£785 - £1,695

Rent Estimate

£809

Running Costs/mo

£1,416

Cashflow/mo

£-607

Cashflow/yr

£-7,286

Gross Yield

2%

Local Sold Prices

50 sold prices from £125K to £425K, average is £210K. £1.5K/m² to £5.6K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£199.9K02/210.08 mi19, Spring Street, Uppermill, Oldham, Greater Manchester OL3 6AA2
£225K12/220.15 mi18, Lee Street, Uppermill, Oldham, Greater Manchester OL3 6AE2
£210K11/230.15 mi12, Lee Street, Uppermill, Oldham, Greater Manchester OL3 6AE2
£225K10/230.15 mi29, Lee Street, Uppermill, Oldham, Greater Manchester OL3 6AE2
£235K06/210.15 mi8, Rush Hill Road, Uppermill, Oldham, Greater Manchester OL3 6JE2
£208.5K01/210.16 mi6, Back Lee Street, Uppermill, Oldham, Greater Manchester OL3 6AG2
£200K10/220.17 mi7, Wade Row, Uppermill, Oldham, Greater Manchester OL3 6BA2
£165K04/210.19 mi2, Church Road, Uppermill, Oldham, Greater Manchester OL3 6BH2
£233K11/230.19 mi1, Village Green, Uppermill, Oldham, Greater Manchester OL3 6AL2
£360K10/220.23 mi13, Church Road, Uppermill, Oldham, Greater Manchester OL3 6BJ2
£230K07/210.24 mi9, Metcalf Mews, Uppermill, Oldham, Greater Manchester OL3 6DN2
£167.5K04/210.31 mi4, Hawthorpe Grove, Uppermill, Oldham, Greater Manchester OL3 6BW2
£278.7K11/220.31 mi2, Hawthorpe Grove, Uppermill, Oldham, Greater Manchester OL3 6BW2
£125K10/210.32 mi14, Shaws, Uppermill, Oldham, Greater Manchester OL3 6JX2
£236K01/240.4 mi89, Church Road, Uppermill, Oldham, Greater Manchester OL3 6DY2
£187K05/210.4 mi89, Church Road, Uppermill, Oldham, Greater Manchester OL3 6DY2
£290K05/210.4 mi93, Church Road, Uppermill, Oldham, Greater Manchester OL3 6DY2
£210K03/210.45 mi24, Wellington Road, Greenfield, Oldham, Greater Manchester OL3 7AQ2
£230K09/230.5 mi19, Queensway, Greenfield, Oldham, Greater Manchester OL3 7AH2
£210K06/230.62 mi37, Dobcross New Road, Dobcross, Oldham, Greater Manchester OL3 5AY2
£250K11/230.67 mi22, Ladcastle Road, Dobcross, Oldham, Greater Manchester OL3 5QT2
£170K07/230.67 mi46, Woods Lane, Dobcross, Oldham, Greater Manchester OL3 5AN2
£190K10/220.69 mi3, Eskdale Mews, Greenfield, Oldham, Greater Manchester OL3 7JE2
£189K12/200.7 mi12, Southgate, Dobcross, Oldham, Greater Manchester OL3 5AJ2
£220K02/210.71 mi28, Church Fields, Dobcross, Oldham, Greater Manchester OL3 5AB2
£295K04/220.71 mi24, Church Fields, Dobcross, Oldham, Greater Manchester OL3 5AB2
£179K01/210.72 mi128, Chew Valley Road, Greenfield, Oldham, Greater Manchester OL3 7DB2
£260K07/210.72 mi81, Chew Valley Road, Greenfield, Oldham, Greater Manchester OL3 7JJ2
£218K03/240.72 mi87, Chew Valley Road, Greenfield, Oldham, Greater Manchester OL3 7JJ2
£184.9K12/220.73 mi21, Woods Lane, Dobcross, Oldham, Greater Manchester OL3 5AL2
£350K04/230.73 mi20, Wool Road, Dobcross, Oldham, Greater Manchester OL3 5NS2
£150K02/210.73 mi2, Chancery Lane, Dobcross, Oldham, Greater Manchester OL3 5AE2
£139.9K03/210.73 mi1, Chancery Lane, Dobcross, Oldham, Greater Manchester OL3 5AE2
£425K07/230.75 mi1, Boarhurst Farm, Greenfield, Oldham, Greater Manchester OL3 7EH2
£153K08/220.78 mi3, Tamewater Villas, Dobcross, Oldham, Greater Manchester OL3 5BB2
£199K08/210.78 mi7, Platt Lane, Dobcross, Oldham, Greater Manchester OL3 5AD2
£262K10/210.79 mi14, Primrose Bank, Greenfield, Oldham, Greater Manchester OL3 7JP2
£217.5K10/230.8 mi6, Shaw Hall Bank Road, Greenfield, Oldham, Greater Manchester OL3 7LD2
£145K11/200.81 mi22, Shaw Hall Bank Road, Greenfield, Oldham, Greater Manchester OL3 7LD2
£181K05/210.84 mi183, Chew Valley Road, Greenfield, Oldham, Greater Manchester OL3 7DF2
£210K10/230.85 mi3, Grove Street, Greenfield, Oldham, Greater Manchester OL3 7DG2
£164K12/220.85 mi9, Spring Grove, Greenfield, Oldham, Greater Manchester OL3 7FR2
£167.5K04/230.85 mi11, Spring Grove, Greenfield, Oldham, Greater Manchester OL3 7FR2
£232K02/240.85 mi17, Shaw Hall Close, Greenfield, Oldham, Greater Manchester OL3 7PG2
£200K06/210.89 mi140, Chew Valley Road, Greenfield, Oldham, Greater Manchester OL3 7DD2
£210K10/200.91 mi88, Shaw Hall Bank Road, Greenfield, Oldham, Greater Manchester OL3 7LE2
£145K01/230.91 mi13, Mossley Road, Grasscroft, Oldham, Greater Manchester OL4 4HH2
£130K02/230.93 mi4, West Cottages, Greenfield, Oldham, Greater Manchester OL3 7LG2
£175K01/240.95 mi44b, Manchester Road, Greenfield, Oldham, Greater Manchester OL3 7HQ2
£272.5K10/220.97 mi61, Manchester Road, Greenfield, Oldham, Greater Manchester OL3 7ES2

Local Rents

15 rents from £785/mo to £1.7K/mo, average is £960/mo.

RentDateDistanceAddressBeds 
£92512/240.04 mi-2
£97506/240.04 miAlexandra Mill, Uppermill, OL32
£90012/240.07 mi-2
£96012/240.14 mi-2
£78512/240.16 mi-2
£78512/240.16 mi-2
£85012/240.23 miChurch Road, Uppermill, Oldham, OL32
£1,05006/240.57 miLowerfields, OL32
£1,69502/250.67 mi-2
£87506/240.71 miChew Valley Road, Greenfield, Saddleworth, Greater Manchester, OL32
£1,20012/240.72 miThe Square, Dobcross, Oldham, OL32
£1,39506/240.86 mi-2
£1,45010/240.86 mi-2
£90012/241.1 miClough Lane, OL42
£1,10012/241.11 miLark Mews, The Nook, Greenfield, Oldham, OL32

Local Area Statistics

Population in OL3

15,192

Population in Oldham

182,174

Town centre distance

3.78 miles away

Nearest school

0.50 miles away

Nearest train station

0.61 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Listed for £395,000

November 27, 2024

Floor Plans

Description

A beautiful home in a stunning rural location with absolutely fantastic countryside views! The current owners only purchased the property in April 2023 intending to stay a few years so invested a huge amount of time and money in creating the superbly fitted and stylishly presented home you see today. The original Diggle Mill was built in 1845 for the Lawton family, flannel manufacturers, who also erected the statue of ‘Jeptha’ which is still in situ alongside the driveway at the entrance to the mill. A huge 65ft. diameter waterwheel was constructed in 1847, reputed to have been the second largest in the UK at the time, and sited alongside No.6 before it was dismantled in 1924. The mill was then converted into several houses and apartments back in 2011. The village of Diggle is only a short drive away, where you will find a good range of amenities along with an ‘Outstanding’ nursery, and well regarded primary and secondary schools. Neighbouring Uppermill and Greenfield have a wider range of facilities including a railway station catching the trans-Pennine services from Manchester across to Leeds. The motorway network is also accessible being around 20 minutes away.

Agent Details

WM. Sykes & Son, Slaithwaite

01484 627027

Next Steps?

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