3 Bed Terraced House, Single Let, Oldham, OL9 8LT, £180,000

Thompson Lane, Chadderton, Oldham, OL9 8LT - 2 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~93 m²
+16 photos

ValuationUndervalued

Sold Prices£75K - £270K
Sold Prices/m²£926/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£196,479

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£895 - £1,300

Rent Estimate

£950

Running Costs/mo

£773

Cashflow/mo

£178

Cashflow/yr

£2,130

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £75K to £270K, average is £171K. £926/m² to £4.4K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£172K10/210.06 mi9, Shillingford Road, Chadderton, Oldham, Greater Manchester OL9 8BD3
£172K08/210.06 mi101, Higher House Close, Chadderton, Oldham, Greater Manchester OL9 8LP3
£165K02/230.09 mi6, Melrose Court, Chadderton, Oldham, Greater Manchester OL9 8NW3
£135K12/200.11 mi95, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL3
£156K03/210.11 mi93, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL3
£177.3K11/230.17 mi7, Nelson Way, Chadderton, Oldham, Greater Manchester OL9 8NL3
£187K08/230.18 mi12, Higher House Close, Chadderton, Oldham, Greater Manchester OL9 8LR3
£180K03/230.18 mi16, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AB3
£150K06/210.23 mi347, Broadway, Chadderton, Oldham, Greater Manchester OL9 8RN3
£185K04/210.23 mi351, Broadway, Chadderton, Oldham, Greater Manchester OL9 8RN3
£132K11/230.23 mi2, Fountains Walk, Chadderton, Oldham, Greater Manchester OL9 8PX3
£150K11/210.25 mi51, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD3
£135K12/200.25 mi80, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD3
£163.5K01/240.27 mi168, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NT3
£145.5K08/230.27 mi43, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£179.9K05/210.27 mi24, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£165K01/210.27 mi47, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£160K09/230.27 mi22, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£108.5K06/210.28 mi91, Henley Street, Chadderton, Oldham, Greater Manchester OL9 8JZ3
£100K04/230.28 mi105, Henley Street, Chadderton, Oldham, Greater Manchester OL9 8JZ3
£108K03/210.29 mi34, Summercroft, Chadderton, Oldham, Greater Manchester OL9 7JP3
£216K01/240.29 mi21, Pennine Avenue, Chadderton, Oldham, Greater Manchester OL9 8PH3
£120K02/210.29 mi136, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT3
£140K05/210.29 mi154, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT3
£250K12/220.29 mi1, Mona Road, Chadderton, Oldham, Greater Manchester OL9 8NS3
£110K12/230.3 mi100, Mona Road, Chadderton, Oldham, Greater Manchester OL9 8ND3
£199.9K01/230.3 mi83, Mona Road, Chadderton, Oldham, Greater Manchester OL9 8ND3
£199.9K03/210.31 mi28, Dearnalay Way, Oldham, Greater Manchester OL9 7BF3
£158K03/210.31 mi53, Dearnalay Way, Oldham, Greater Manchester OL9 7BF3
£247K12/220.31 mi16, Mona Road, Chadderton, Oldham, Greater Manchester OL9 8NS3
£195K12/220.32 mi46, Dearnalay Way, Oldham, Greater Manchester OL9 7BF3
£270K02/240.35 mi282, Broadway, Chadderton, Oldham, Greater Manchester OL9 9QU3
£217.8K01/230.35 mi6, Gordon Avenue, Chadderton, Oldham, Greater Manchester OL9 8LB3
£157K12/220.36 mi93, Sycamore Avenue, Chadderton, Oldham, Greater Manchester OL9 8BB3
£170K05/210.36 mi48, Sycamore Avenue, Chadderton, Oldham, Greater Manchester OL9 8BB3
£115K05/210.37 mi13, Berkshire Close, Chadderton, Oldham, Greater Manchester OL9 7SW3
£185K09/230.38 mi1, Elizabeth Avenue, Chadderton, Oldham, Greater Manchester OL9 8LY3
£202K01/230.39 mi6, Laxey Close, Chadderton, Oldham, Greater Manchester OL9 8NX3
£212K07/230.39 mi64, Arnside Avenue, Chadderton, Oldham, Greater Manchester OL9 9DJ3
£185K02/210.39 mi40, Arnside Avenue, Chadderton, Oldham, Greater Manchester OL9 9DJ3
£173K07/210.39 mi58, Arnside Avenue, Chadderton, Oldham, Greater Manchester OL9 9DJ3
£215K09/210.39 mi38, Arnside Avenue, Chadderton, Oldham, Greater Manchester OL9 9DJ3
£165K12/230.4 mi251, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NZ3
£195K05/230.4 mi4, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£150K11/210.4 mi120, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£181K07/230.4 mi68, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£75K11/200.4 mi14, Leslie Avenue, Chadderton, Oldham, Greater Manchester OL9 7HF3
£218K04/230.4 mi5, Leslie Avenue, Chadderton, Oldham, Greater Manchester OL9 7HF3
£190K09/230.41 mi92, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HA3
£118K06/230.41 mi95, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HA3

Local Rents

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

RentDateDistanceAddressBeds 
£1,20006/240.19 mi-3
£1,20006/240.2 miWhitegate Lane, Chadderton, Oldham, OL93
£1,00006/240.2 mi-3
£1,10004/250.2 mi-3
£94906/240.2 mi-3
£1,20009/240.2 mi-3
£1,09505/240.21 mi-3
£1,09510/240.21 mi-3
£1,09511/240.21 mi-3
£1,19504/250.21 mi-3
£1,20009/240.22 mi-3
£1,20009/240.22 miBroadway, Chadderton, OL93
£95008/240.25 miCoalshaw Green Road, Chadderton, Oldham, Greater Manchester, OL93
£1,10006/240.27 miFields New Road, Oldham, OL93
£1,20508/240.3 miRose Street, Chadderton, OL93
£1,20508/240.3 miRose Street, Chadderton, OL93
£89506/240.31 miCoalshaw Green Road, Chadderton, Oldham3
£1,09507/240.32 miDenton Lane, Chadderton, Oldham, Greater Manchester, OL93
£1,22508/240.33 miRose Street, Chadderton, Oldham3
£1,05001/250.34 mi-3
£1,15508/240.35 miRose Street, Chadderton, Oldham3
£92502/250.41 mi-3
£95006/240.42 miRoss Avenue, Chadderton, Oldham, OL93
£95007/240.42 mi-3
£95010/240.48 mi-3
£95011/240.48 mi-3
£99504/250.48 mi-3
£1,30001/250.51 mi-3
£95004/240.59 mi-3

Local Area Statistics

Population in OL9

40,528

Population in Oldham

182,174

Town centre distance

2.42 miles away

Nearest school

0.30 miles away

Nearest train station

0.76 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Price changed to £180,000

January 5, 2025

Listed for £200,000

December 9, 2024

Sold for £87,500

2005

Sold for £26,000

2002

Floor Plans

Description

  • THREE DOUBLE BEDROOMS +
  • NO CHAIN +
  • THREE RECEPTION ROOMS +
  • REAR GARDEN +
  • MODERN INTERIOR +
  • LARGER THAN AVERAGE +
  • CLOSE TO LOCAL TRANSPORT LINKS +
  • LEASEHOLD: 999 years from December 1856 +
  • GROUND RENT: £2p/a +
  • COUNCIL TAX: A | EPC: E +

CHAIN FREE - Larger than your average terrace, this extended mid-terrace has three reception rooms, three DOUBLE bedrooms and a low maintenance garden to the rear. EPC: E

Presented to the market with no onward chain, this three bedroom mid terrace is extended to the rear and is ideal for any first time buyers.

Situated on Thompson Lane in Chadderton. Perfectly suited to first time buyers and small families, the property enjoys close proximity to an abundance of local amenities and fantastic commuter links.

With three double bedrooms and three reception rooms, the property has plenty of living accomodation.

Upon entry there is an entrance vestibule leading into a front sitting room and a larger living room with generous storage under the stairs. There is a modern kitchen to the rear with a through dining room. There are double doors from the dining room into the low maintance rear garden.

Upstairs, there are three double bedrooms, with the family bathroom wrapping around the stairs. All three bedrooms benefit from built in wardrobes.

Nearby there is the Metrolink station off Coalshaw Green Park and the M60 motorway within less than 1 mile providing ideal commuter links to and from Manchester. There are local shops within easy reach plus well-regarded schools including Newman college on Broadway.

Agent Details

Ryder & Dutton, Chadderton

0161 524 3010

Next Steps?

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