3 Bed Terraced House, Single Let, Oldham, OL3 5BY, £199,995

Delph New Road, OL3 5BY - 5 views - 4 months ago

BTL

ROI: 1%

~93 m²

+9 photos

ValuationUndervalued

Sold Prices	£155K - £1.1M
Sold Prices/m²	£1.4K/m² - £4.2K/m²

Square Metres	~93 m²
Price/m²	£2.1K/m²
Value Estimate	£263,994£263,994
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£49,999£49,999
Stamp Duty & Legal Fees	£7,800£7,800
Total Cash In	£57,799£57,799

Cash Out
Rent Range	£850 - £1,950£850 - £1,950
Rent Estimate	£963
Running Costs/mo	£838£838
Cashflow/mo	£125£125
Cashflow/yr	£1,505£1,505
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

46 sold prices from £155K to £1.1M, average is £302.5K. £1.4K/m² to £4.2K/m², average is £3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£222.5K	09/21	0.13 mi	17, Oldham Road, Delph, Oldham, Greater Manchester OL3 5EB	£2,418	92	3	Terraced House
£295K	09/23	0.22 mi	17, Station Approach, Delph, Oldham, Greater Manchester OL3 5EF	£3,242	91	3	Semi-Detached House
£290K	11/23	0.24 mi	2, Moorland Avenue, Delph, Oldham, Greater Manchester OL3 5QF	£3,187	91	3	Terraced House
£325K	06/21	0.27 mi	20, Rose Hill, Delph, Oldham, Greater Manchester OL3 5ED	£3,315	98	3	Semi-Detached House
£365K	12/20	0.28 mi	15, Gatehead Croft, Delph, Oldham, Greater Manchester OL3 5QB	£3,650	100	3	Semi-Detached House
£580K	11/22	0.28 mi	58, Stoneswood Road, Delph, Oldham, Greater Manchester OL3 5DY	£4,143	140	3	Detached House
£278K	08/21	0.31 mi	60, Wallhill Road, Dobcross, Oldham, Greater Manchester OL3 5BH	£4,149	67	3	Semi-Detached House
£440K	05/23	0.38 mi	11, Brook Lane, Dobcross, Oldham, Greater Manchester OL3 5BQ	-	-	3	Semi-Detached House
£227.5K	12/20	0.41 mi	18, Huddersfield Road, Delph, Oldham, Greater Manchester OL3 5EG	£2,446	93	3	Terraced House
£405K	03/21	0.45 mi	67, Nudger Green, Dobcross, Oldham, Greater Manchester OL3 5AW	£4,219	96	3	Detached House
£353K	12/22	0.45 mi	39, Grains Road, Delph, Oldham, Greater Manchester OL3 5DS	£3,602	98	3	Semi-Detached House
£310K	10/22	0.45 mi	63, Grains Road, Delph, Oldham, Greater Manchester OL3 5DS	£3,010	103	3	Terraced House
£325K	11/20	0.46 mi	140, Wallhill Road, Dobcross, Oldham, Greater Manchester OL3 5BL	£3,155	103	3	Terraced House
£185K	02/21	0.47 mi	22, Platt Lane, Dobcross, Oldham, Greater Manchester OL3 5AD	£2,534	73	3	Terraced House
£550K	04/23	0.47 mi	13, Hill End Road, Delph, Oldham, Greater Manchester OL3 5JA	£3,901	141	3	Detached House
£200K	12/20	0.48 mi	5, Church Street, Delph, Oldham, Greater Manchester OL3 5DR	£1,389	144	3	Terraced House
£375K	04/23	0.48 mi	1, St Annes Square, Delph, Oldham, Greater Manchester OL3 5JD	-	-	3	Detached House
£155K	07/21	0.49 mi	8, Rumbles Lane, Delph, Oldham, Greater Manchester OL3 5EL	-	-	3	Semi-Detached House
£219.5K	01/21	0.49 mi	10, King Street, Delph, Oldham, Greater Manchester OL3 5DQ	£2,286	96	3	Terraced House
£319.5K	12/20	0.5 mi	12, Tree Tops Close, Dobcross, Oldham, Greater Manchester OL3 5AS	£3,650	88	3	Semi-Detached House
£300K	03/24	0.51 mi	8, Walkmill, Dobcross, Oldham, Greater Manchester OL3 5BU	£3,448	87	3	Terraced House
£340K	06/21	0.53 mi	14 - 16, Church Fields, Dobcross, Oldham, Greater Manchester OL3 5AB	-	-	3	Terraced House
£280K	11/20	0.54 mi	3, Delph New Road, Dobcross, Oldham, Greater Manchester OL3 5AZ	£2,105	133	3	Terraced House
£280.5K	12/20	0.58 mi	26, Dobcross New Road, Dobcross, Oldham, Greater Manchester OL3 5AY	£3,791	74	3	Semi-Detached House
£337.5K	03/21	0.59 mi	20a, Sandy Lane, Dobcross, Oldham, Greater Manchester OL3 5AG	£2,220	152	3	Terraced House
£240K	01/21	0.62 mi	10, Briarfield Road, Dobcross, Oldham, Greater Manchester OL3 5AH	£3,038	79	3	Terraced House
£300K	07/22	0.66 mi	8, Denshaw Road, Delph, Oldham, Greater Manchester OL3 5HA	£3,750	80	3	Semi-Detached House
£235K	08/23	0.68 mi	13, Lodge Lane, Delph, Oldham, Greater Manchester OL3 5HH	£2,975	79	3	Terraced House
£245K	02/23	0.69 mi	19, Denshaw Road, Delph, Oldham, Greater Manchester OL3 5EY	£1,976	124	3	Terraced House
£335K	11/21	0.71 mi	23, Ainley Wood, Delph, Oldham, Greater Manchester OL3 5HL	-	-	3	Semi-Detached House
£248.5K	08/21	0.72 mi	13, Roche Road, Delph, Oldham, Greater Manchester OL3 5HE	-	-	3	Semi-Detached House
£315K	02/23	0.75 mi	9, Seven Acres, Delph, Oldham, Greater Manchester OL3 5HU	-	-	3	Semi-Detached House
£325K	10/20	0.75 mi	15, Seven Acres, Delph, Oldham, Greater Manchester OL3 5HU	£2,355	138	3	Semi-Detached House
£187K	02/21	0.76 mi	13, Springwood Estate, Delph, Oldham, Greater Manchester OL3 5HQ	-	-	3	Terraced House
£315K	04/22	0.79 mi	27, Wool Road, Dobcross, Oldham, Greater Manchester OL3 5NS	-	-	3	Detached House
£289K	09/23	0.79 mi	29, Wool Road, Dobcross, Oldham, Greater Manchester OL3 5NS	£2,496	116	3	Terraced House
£245K	10/20	0.79 mi	43, Wool Road, Dobcross, Oldham, Greater Manchester OL3 5NS	£2,634	93	3	Semi-Detached House
£310K	07/21	0.87 mi	45, Huddersfield Road, Diggle, Oldham, Greater Manchester OL3 5NT	£2,348	132	3	Terraced House
£1.1M	02/23	0.9 mi	Ryelands, Brownhill Lane, Uppermill, Oldham, Greater Manchester OL3 6BZ	-	-	3	Detached House
£396.5K	03/21	0.9 mi	117, Delph Lane, Delph, Oldham, Greater Manchester OL3 5UT	£2,873	138	3	Terraced House
£390K	08/23	0.95 mi	7, Littlemoor Lane, Diggle, Oldham, Greater Manchester OL3 5RS	-	-	3	Detached House
£305K	03/21	0.95 mi	143, Huddersfield Road, Diggle, Oldham, Greater Manchester OL3 5NU	£2,243	136	3	Semi-Detached House
£305K	10/23	0.95 mi	147, Huddersfield Road, Diggle, Oldham, Greater Manchester OL3 5NU	-	-	3	Semi-Detached House
£230K	08/23	0.95 mi	127, Huddersfield Road, Diggle, Oldham, Greater Manchester OL3 5NU	£2,823	81	3	Terraced House
£294K	11/23	0.97 mi	20, Moor Crescent, Diggle, Oldham, Greater Manchester OL3 5NZ	-	-	3	Semi-Detached House
£225K	04/21	0.98 mi	10, Hillside Avenue, Diggle, Oldham, Greater Manchester OL3 5NY	£3,429	66	3	Terraced House

Local Rents

12 rents from £850/mo to £1.9K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	12/24	0.31 mi	Knott Hill Lane, Delph, Oldham, OL3	3	Terraced House
£850	06/24	0.35 mi	Midgrove Lane,Delph,OL3	3	Flat
£1,695	12/24	0.43 mi	Bakestones Avenue, Delph, Oldham, Greater Manchester, OL3	3	Terraced House
£1,300	06/24	0.48 mi	King Street, Oldham	3	Flat
£1,050	09/23	0.49 mi	-	3	Semi-Detached House
£1,300	12/24	0.5 mi	Gartside Street, Delph, OL3	3	Flat
£1,950	07/24	0.59 mi	-	3	Detached House
£1,950	12/24	0.59 mi	Long House, Dobcross, Oldham, OL3	3	Detached House
£950	12/24	0.73 mi	-	3	Terraced House
£995	02/25	0.73 mi	-	3	Terraced House
£1,395	06/24	0.84 mi	Highmoor Farm, Thurston Clough Road, Scouthead	3	Flat
£1,400	03/25	1.01 mi	-	3	Terraced House

Local Area Statistics

Population in OL3	15,19215,192
Population in Oldham	182,174182,174
Town centre distance	3.12 miles away3.12 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	1.56 miles away1.56 miles away

Rental growth (12m)	+29%+29%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+33%+33%

Property History

Price changed to £199,995

March 12, 2025

Listed for £219,995

November 27, 2024

Floor Plans

Description

Terraced over three floors +
Three bedrooms +
Front and rear garden +
Popular village location +

This charming and deceptively spacious three-bedroom terrace home is located in the sought-after Saddleworth village of Delph. Spanning three floors, the property offers excellent potential for those looking to make it their own.
Ideally situated, the property benefits from easy access to local amenities, highly regarded schools, and excellent transport links, including the Northwest motorway network and Greenfield Railway Station, which is just a short drive away.
The accommodation briefly comprises an entrance vestibule, lounge, dining room, modern kitchen, two first-floor bedrooms, an attic bedroom, and a bathroom. Externally, there is a delightful cottage-style yard to the rear, along with an elevated and well-maintained garden featuring paved areas.
Viewing is highly recommended to fully appreciate the space and potential this lovely home has to offer!
Council tax band B

Agent Details

Bridges, Uppermill

01457 601816

Next Steps?

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

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