4 Bed Semi-Detached House, Refurb/BRRR, Oldham, OL2 5TN, £330,000

Denbydale Way, Royton, OL2 5TN - 4 months ago

Under Offer
Leasehold
Refurb/BRRR
~129 m²
+31 photos

ValuationOvervalued

Sold Prices£120K - £670K
Sold Prices/m²£952/m² - £6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.6K/m²

Value Estimate

£320,749

 

 

End Value (After Refurb)

£291,228

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£24,200

Refurb Costs

£54,575

Bridging Loan Interest

£8,663

Total Cash In

£171,688

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£291,228

Mortgage (After Refinance)

£218,421

Mortgage LTV

75%

Cash Left In

£171,688

Equity

£72,807

Rent Range

£895 - £1,300

Rent Estimate

£1,105

Running Costs/mo

£1,151

Cashflow/mo

£-46

Cashflow/yr

£-553

Gross Yield

4%

Local Sold Prices

50 sold prices from £120K to £670K, average is £277.5K. £952/m² to £6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£230K12/200.03 mi70, Denbydale Way, Royton, Oldham, Greater Manchester OL2 5TN4
£274K12/200.06 mi4, Connington Close, Royton, Oldham, Greater Manchester OL2 5TP4
£299.9K07/230.11 mi32, Denbydale Way, Royton, Oldham, Greater Manchester OL2 5TJ4
£265K03/230.12 mi81, Denbydale Way, Royton, Oldham, Greater Manchester OL2 5UH4
£325K05/210.13 mi20, Thorp, Royton, Oldham, Greater Manchester OL2 5TH4
£214.9K08/210.13 mi23, Chetwyn Avenue, Royton, Oldham, Greater Manchester OL2 5UJ4
£233K12/200.13 mi2, Chetwyn Avenue, Royton, Oldham, Greater Manchester OL2 5UJ4
£232.5K01/210.17 mi2, Chiltern Drive, Royton, Oldham, Greater Manchester OL2 5TD4
£249K09/230.19 mi23, Harewood Drive, Royton, Oldham, Greater Manchester OL2 5TZ4
£368K02/210.24 mi22, Wensleydale Close, Royton, Oldham, Greater Manchester OL2 5TQ4
£199.9K06/230.24 mi24, Queen Street, Royton, Oldham, Greater Manchester OL2 5JY4
£270K04/210.26 mi9, Wetherby Drive, Royton, Oldham, Greater Manchester OL2 5SZ4
£333K04/210.3 mi15, Ashwood Drive, Royton, Oldham, Greater Manchester OL2 5TW4
£395K09/210.31 mi5, Westridge Chase, Royton, Oldham, Greater Manchester OL2 5JL4
£268K02/240.35 mi12, Wheatfield Crescent, Royton, Oldham, Greater Manchester OL2 5LX4
£245K03/240.44 mi385, Middleton Road, Royton, Oldham, Greater Manchester OL2 5EH4
£460K11/230.45 mi48, Tandlewood Park, Royton, Oldham, Greater Manchester OL2 5UZ4
£259.9K01/210.46 mi2, Brotherdale Close, Royton, Oldham, Greater Manchester OL2 6NX4
£335K06/210.46 mi7, Brotherdale Close, Royton, Oldham, Greater Manchester OL2 6NX4
£359K05/230.48 mi35, Elmstone Drive, Royton, Oldham, Greater Manchester OL2 6DH4
£300K11/230.48 mi16, Elmstone Drive, Royton, Oldham, Greater Manchester OL2 6DH4
£280K11/210.53 mi38, Cotswold Drive, Royton, Oldham, Greater Manchester OL2 5HD4
£360K01/210.54 mi2, Low Meadows, Royton, Oldham, Greater Manchester OL2 6YB4
£670K06/210.56 mi2, Racefield Hamlet, Chadderton, Oldham, Greater Manchester OL1 2TB4
£275K10/200.59 mi41, Bleasdale Street, Royton, Oldham, Greater Manchester OL2 6RL4
£333.5K11/220.59 mi6, Thorncliffe Avenue, Royton, Oldham, Greater Manchester OL2 5RZ4
£231K08/210.61 mi23, Pine Grove, Royton, Oldham, Greater Manchester OL2 6TL4
£600K03/230.61 mi9, Woodland Park, Royton, Oldham, Greater Manchester OL2 5UY4
£450K11/230.61 mi11, Woodland Park, Royton, Oldham, Greater Manchester OL2 5UY4
£279.9K10/230.61 mi3, Littondale Close, Royton, Oldham, Greater Manchester OL2 6PN4
£275K03/230.61 mi47, Delta Close, Royton, Oldham, Greater Manchester OL2 5DR4
£290K06/210.62 mi2a, Oak Avenue, Royton, Oldham, Greater Manchester OL2 6TB4
£248.8K12/200.62 mi43, Delta Close, Royton, Oldham, Greater Manchester OL2 5DR4
£243K12/200.62 mi23, Delta Close, Royton, Oldham, Greater Manchester OL2 5DR4
£275K02/210.62 mi19, Delta Close, Royton, Oldham, Greater Manchester OL2 5DR4
£375K02/210.62 mi2, Borrowdale Close, Royton, Oldham, Greater Manchester OL2 6TN4
£575K06/210.65 miManor House, Fir Lane, Royton, Oldham, Greater Manchester OL2 6TF4
£255K12/200.67 mi84, Grasmere Road, Royton, Oldham, Greater Manchester OL2 6SJ4
£551K03/210.69 mi62, Tandle Hill Road, Royton, Oldham, Greater Manchester OL2 5UX4
£610K03/230.69 mi37, Tandle Hill Road, Royton, Oldham, Greater Manchester OL2 5UX4
£265K03/230.7 mi79, Shaw Road, Royton, Oldham, Greater Manchester OL2 6HA4
£346K05/230.71 mi6, Farholme, Royton, Oldham, Greater Manchester OL2 5BU4
£255K12/200.75 mi1, Manor Drive, Royton, Oldham, Greater Manchester OL2 6EZ4
£492K03/210.77 mi17, Tandle Hill Road, Royton, Oldham, Greater Manchester OL2 5UU4
£120K06/210.83 mi236, High Barn Road, Royton, Oldham, Greater Manchester OL2 6RR4
£297.5K05/230.83 mi1, Ainsdale Crescent, Royton, Oldham, Greater Manchester OL2 6AX4
£274.9K01/210.84 mi6, Edge Hill Avenue, Royton, Oldham, Greater Manchester OL2 6BJ4
£255K03/230.88 mi2, Norfolk Way, Royton, Oldham, Greater Manchester OL2 5BD4
£405K03/210.89 mi21, Leaside Avenue, Chadderton, Oldham, Greater Manchester OL1 2QZ4
£220K11/230.92 mi7, Regent Crescent, Royton, Oldham, Greater Manchester OL2 5BA4

Local Rents

11 rents from £895/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,30006/240.11 miDenbydale Way, Royton, Oldham, Greater Manchester, OL23
£1,10012/240.25 miChurch Street, Royton3
£1,00012/240.3 miThe Co Operative, 151 Middleton Road3
£89506/240.36 miChapel Lane, Royton, Oldham3
£1,10006/240.37 miRochdale Road, Royton, Oldham, Greater Manchester, OL23
£1,15004/250.39 mi-3
£97506/240.39 miDogford Road, Royton3
£1,07504/250.42 mi-3
£1,30011/240.48 mi-3
£1,10006/240.57 mi-3
£1,20003/250.57 mi-3

Local Area Statistics

Population in OL2

42,193

Population in Oldham

182,174

Town centre distance

1.80 miles away

Nearest school

0.10 miles away

Nearest train station

1.75 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Price changed to £330,000

February 8, 2025

Listed for £340,000

November 29, 2024

Floor Plans

Description

  • 4 Bedrooms +
  • Tastefully Presented Throughout +
  • Off Street Parking +
  • Detached Garage +
  • Immaculate Presentation +
  • Sought After Location +

Habitat are delighted to present this wonderful 4 bedroom semi-detached, situated on a lovely cul-de-sac on the sought after Thorpe Estate, Royton.
You will find this fine home is conveniently located near to all of the amenities Royton Centre has to offer, making it easy to pop out to the local shops or dropping the kids off well regarded schools in the area. Situated in the Greater Manchester area and only a short drive to the M62 and M60 motorway and Mills Hill Train station only a 2.7 mile drive.

Positioned on a large corner plot, the property benefits from off street parking with a driveway to the side of the property, a detached converted garage and lovely landscaped garden to the rear. As well as lawns to the front and fence around the boundary to ensure security. The detached garage has been upgraded by the current owners and is an ideal space with lots of versatile uses as well as benefiting from power.

Upon entry to this pleasant property immediately you can see the renovation the owners have done and the high spec within. Doors lead to the large open-plan living room/diner with bay window the front and newly fitted bi-folding doors tot he rear leading to the fantastic paved garden. The living room/diner leads to the generously sized kitchen, tastefully done and benefiting from shaker style cupboards, oak worktops, kitchen island and intergrated appliances including a double oven, fridge freezer and dishwasher as well as five ring gas hob. Doors lead to a handy under stairs cupboard with ample storage. Finally, to the ground floor is the family bathroom which is beautifully modern and well designed. Including a free standing bath, corner fully tiled walk in shower, hand basin and toilet.

The first floor landing is light and spacious with doors to four bedrooms, 3 generous doubles bedrooms including the master bedroom which benefits from an en-suite toilet and there is a further single bedroom which would be a perfect home office or nursery. All bedrooms have ample space for furniture as well as lots of natural light, new carpets and fresh decoration.

This property will not be around long and is not one to be missed! A True Gem! Give us a call now to get your viewing secured!

EPC RATING D

Entrance - 2.8m (9'2") x 2m (6'7")
Front doors leads to spacious hallway with doors to bathroom, kitchen and living room/diner. Staircase leading up to the first floor.

Living room/Diner - 6.4m (21'0") x 3.2m (10'6")
A very large dual aspect living room/diner with newly fitted bifolding doors leading to the rear garden. This space is ideal for a growing family with space to entertain and lots of natural light.

Kitchen - 3.6m (11'10") x 4.2m (13'9")
A beautiful shaker style kitchen with oak worktops and modern integrated appliances including a double oven, fridge/freezer and dishwasher. The kitchen benefits from a kitchen island, a perfect spot to sit at.

Family Bathroom - 2m (6'7") x 2.8m (9'2")
To the ground floor is the family bathroom, very chic and fitted with a lovely free standing bath, corner walk in shower, toilet and hand basin.

Master Bedroom - 3.3m (10'10") x 3.4m (11'2")
A generously sized master bedroom, with built in storage and a handy en-suite toilet which has been upgraded by the current vendors.

Bedroom 2 - 3.2m (10'6") x 3.4m (11'2")
A further large double bedroom with space for furniture and storage, to the front of the property.

Bedroom 3 - 3.2m (10'6") x 2.6m (8'6")
Another well sized double bedroom to the rear of the proeprty.

Bedroom 4 - 2.8m (9'2") x 2.7m (8'10")
L shaped single bedroom with fitted cabin bed and space for storage and furniture options. A perfect nursery or home office.

En-suite Toilet - 2.6m (8'6") x 1m (3'3")
Off the master bedroom a handy en-quite toilet room with hand basin.

Outside
Situated on a corner plot, ther boundary is fully fenced and secure. A hedged lawned to the front leading to the front door. To the rear a lovely newly landscaped private south-facing garden - a sun trap in summer!

Garage
Detached garage which has been upgraded and used as a gym, ideal space with versatile usage. The garage benefits from power and also still has a section for storage.

Parking
Drive way for one car to rear and lots of on street parking available.

Viewings
Viewings strictly by appointment with the agent.

Council Tax Band
Council Tax Band C

Heating, Glazing, Security
Gas central heating and double glazing.

Tenure
Leasehold, 947 years remaining, £20 per year ground rent.

Services
All main services are installed.
No checks have been made of any services (water, electricity, gas and drainage) heating appliances or any other electrical or mechanical equipment in this property.

Disclaimer
Habitat Oldham themselves and the vendors/lessors of this property give notice that these particulars have been prepared in good faith having regard to the property misdescriptions act (1991). Measurements are intended for descriptive purposes only and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact. Any intending purchaser must satisfy themselves by inspection or otherwise as to the information provided and condition of the property and no warranty is given by the vendor, their agents or any other person in their employment. The property is offered subject to contract and still being available at the time of enquiry and no responsibility can be accepted for any loss or expenses incurred in viewing.

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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Habitat, Oldham

0161 524 0097

Next Steps?

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