2 Bed Terraced House, Single Let, Oldham, OL9 8HW, £160,000

Turf Lane, Chadderton, Oldham, Greater Manchester, OL9 8HW - 2 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£70K - £210K
Sold Prices/m²£955/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£118,322

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£800 - £1,100

Rent Estimate

£895

Running Costs/mo

£699

Cashflow/mo

£196

Cashflow/yr

£2,352

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £70K to £210K, average is £132.5K. £955/m² to £3.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£100K03/210.01 mi87, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HW2
£138K09/210.05 mi60, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HH2
£125K12/200.05 mi74, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HH2
£156.5K01/230.05 mi34, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HN2
£145K11/230.05 mi64, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HH2
£130K07/230.07 mi14, Shelley Road, Chadderton, Oldham, Greater Manchester OL9 8HU2
£128K05/210.08 mi81, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HF2
£104K07/210.09 mi139, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HR2
£97.5K10/200.09 mi133, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HR2
£85K03/230.1 mi13, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HL2
£123K05/210.1 mi24, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HB2
£114K04/210.1 mi14, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HB2
£82K05/230.14 mi44, Glebe Street, Chadderton, Oldham, Greater Manchester OL9 8JE2
£145K02/230.14 mi71, Glebe Street, Chadderton, Oldham, Greater Manchester OL9 8JE2
£166K11/230.14 mi116, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ2
£210K09/230.14 mi20, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ2
£160K01/210.14 mi38, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ2
£110.5K12/210.2 mi211, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JS2
£100K12/200.2 mi212, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JS2
£87.5K03/210.2 mi179, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JS2
£129K06/210.25 mi36, Lancaster Street, Chadderton, Oldham, Greater Manchester OL9 8LE2
£95K05/210.27 mi119, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JR2
£155K02/230.28 mi9, Ross Avenue, Chadderton, Oldham, Greater Manchester OL9 8AN2
£180K04/230.32 mi30, Argyll Road, Chadderton, Oldham, Greater Manchester OL9 8AL2
£125K12/200.33 mi69, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD2
£129.9K12/210.33 mi96, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£133K11/230.33 mi103, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£75K07/230.33 mi78, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£70K12/200.33 mi102, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£70K03/210.33 mi87, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£112.5K11/210.33 mi79, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£195K08/230.36 mi6, Teasdale Close, Chadderton, Oldham, Greater Manchester OL9 8AS2
£188.5K03/230.36 mi70, Teasdale Close, Chadderton, Oldham, Greater Manchester OL9 8AS2
£194K03/230.36 mi30, Teasdale Close, Chadderton, Oldham, Greater Manchester OL9 8AS2
£172K09/230.38 mi3, Atherley Grove, Manchester, Greater Manchester M40 3RE2
£132K02/240.38 mi85, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL2
£143K08/210.39 mi15, Scholes Street, Chadderton, Oldham, Greater Manchester OL9 8LN2
£135K05/210.39 mi19, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AB2
£140K11/210.39 mi30, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AB2
£113K11/210.43 mi122, Whitegate Lane, Chadderton, Oldham, Greater Manchester OL9 8RP2
£152K08/230.46 mi43, Thompson Lane, Chadderton, Oldham, Greater Manchester OL9 8LX2
£124K03/230.47 mi21, Hollingworth Avenue, Manchester, Greater Manchester M40 3RB2
£145K06/230.47 mi57, Hardman Street, Chadderton, Oldham, Greater Manchester OL9 7HE2
£142.7K12/230.5 mi174, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT2
£135K11/230.5 mi170, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT2
£168K11/220.5 mi85, Parkfield Road North, Manchester, Greater Manchester M40 3RG2
£172K04/210.5 mi95, Parkfield Road North, Manchester, Greater Manchester M40 3RG2
£167K07/230.5 mi131, Parkfield Road North, Manchester, Greater Manchester M40 3RG2
£201K04/230.5 mi95, Parkfield Road North, Manchester, Greater Manchester M40 3RG2
£86.5K12/200.5 mi123, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT2

Local Rents

32 rents from £800/mo to £1.1K/mo, average is £938/mo.

RentDateDistanceAddressBeds 
£99501/250.01 mi-2
£95006/240.05 mi-2
£90008/240.11 mi-2
£92503/250.11 mi-2
£1,00003/250.17 mi-2
£99507/240.17 mi-2
£1,05007/240.17 mi-2
£95006/240.18 mi-2
£99508/240.22 miRose Street, Oldham, OL92
£90006/240.25 miLancaster Street, Chadderton, Oldham2
£99508/240.26 miRose Street, Oldham, OL92
£95002/250.32 mi-2
£1,05002/250.32 mi-2
£1,10003/250.32 mi-2
£95002/250.33 mi-2
£80007/240.35 miCoalshaw Green Road, Chadderton2
£1,00006/240.36 miTeasdale Close, Oldham2
£85006/240.4 mi-2
£89506/240.47 mi-2
£1,07502/250.48 mi-2
£90008/240.49 miWhitegate Lane, Chadderton, Oldham2
£90008/240.49 miWhitegate Lane, Chadderton, Oldham2
£89508/240.5 mi-2
£87502/250.55 mi-2
£92503/250.55 mi-2
£1,10007/240.57 miGlenham Way, Oldham, Lancashire, OL92
£92512/240.58 mi-2
£92503/250.58 mi-2
£90003/250.59 mi-2
£99504/250.6 mi-2
£90008/240.6 miWesley Street, Failsworth, Manchester2
£89505/240.6 miWesley Street, Failsworth, Manchester2

Local Area Statistics

Population in OL9

40,528

Population in Oldham

182,174

Town centre distance

2.81 miles away

Nearest school

0.30 miles away

Nearest train station

0.37 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Listed for £160,000

January 10, 2025

Floor Plans

Description

  • CHAIN FREE +
  • LEASEHOLD 890 yrs FROM 1977 +
  • GROUND RENT £5 P/A +
  • TAX BAND A | EPC C +
  • TWO BEDROOMS +
  • TRADITIONAL TERRACED +
  • SUPERBLY PRESENTED +
  • MODERN KITCHEN & BATHROOM +
  • PERFECT STARTER HOME +
  • LOVELY REAR GARDEN +

CHAIN FREE | A charming traditional two up, two down terrace perfect for anyone looking to get on the housing ladder. EPC - C

CHAIN FREE

The perfect starter home, this traditional two up, two down terrace has been lovingly presented to a high standard and blends a contemporary design with inviting and tasteful decor throughout.

Located on Turf Lane, the property enjoys an excellent position for those looking for the convenience of urban living while still maintaining excellent connection to more local community spaces. Nearby there are superb commuter links with the M60 Motorway and Metrolink Stations within easy reach, there are well-regarded schools close by plus plenty of local shops, gyms and amenities.

The property itself is ready to move into and also boasts a superb and private back garden with a neatly maintained lawn and smart fencing leading down to a versatile outbuilding.

The internal accommodation comprises of a small vestibule leading into the lounge. The modern kitchen/diner is to the rear which houses the up to date combi boiler system and also enjoys storage space beneath the stairs. To the first floor you will find a pleasant landing, two double bedrooms with the sizeable three-piece bathroom suite in the middle.

Agent Details

Ryder & Dutton, Chadderton

0161 524 3010

Next Steps?

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