3 Bed Detached House, Refurb/BRRR, Oldham, OL2 5UZ, £399,950

Tandlewood Park, Royton, OL2 5UZ - 3 views - 2 months ago

Under Offer
Leasehold
Refurb/BRRR
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£78K - £365K
Sold Prices/m²£1K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£208,693

 

 

End Value (After Refurb)

£360,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£99,988

Stamp Duty & Legal Fees

£20,696

Refurb Costs

£39,267

Bridging Loan Interest

£10,499

Total Cash In

£172,199

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£360,000

Mortgage (After Refinance)

£270,000

Mortgage LTV

75%

Cash Left In

£172,199

Equity

£90,000

Rent Range

£850 - £1,950

Rent Estimate

£1,132

Running Costs/mo

£1,371

Cashflow/mo

£-239

Cashflow/yr

£-2,873

Gross Yield

3%

Local Sold Prices

50 sold prices from £78K to £365K, average is £207.5K. £1K/m² to £4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£345K07/210 mi50, Tandlewood Park, Royton, Oldham, Greater Manchester OL2 5UZ3
£300K11/230 mi17, Tandlewood Park, Royton, Oldham, Greater Manchester OL2 5UZ3
£360K11/200 mi1, Tandlewood Park, Royton, Oldham, Greater Manchester OL2 5UZ3
£235K05/230.06 mi7, Firswood Drive, Royton, Oldham, Greater Manchester OL2 5XS3
£273K06/230.06 mi19, Beechwood Drive, Royton, Oldham, Greater Manchester OL2 5XR3
£185.5K03/210.06 mi28, Beechwood Drive, Royton, Oldham, Greater Manchester OL2 5XR3
£200K06/210.08 mi10, Elmwood Drive, Royton, Oldham, Greater Manchester OL2 5XP3
£78K10/210.14 mi4, Lewisham Close, Royton, Oldham, Greater Manchester OL2 5YD3
£265K03/210.17 mi5, Ashwood Drive, Royton, Oldham, Greater Manchester OL2 5TW3
£295K07/230.22 mi1, Sandringham Way, Royton, Oldham, Greater Manchester OL2 5YH3
£232K02/230.22 mi9, Brecon Close, Royton, Oldham, Greater Manchester OL2 5YG3
£365K04/210.22 mi11, Wensleydale Close, Royton, Oldham, Greater Manchester OL2 5TQ3
£280K08/210.23 mi2, Kirkdale Drive, Royton, Oldham, Greater Manchester OL2 5TG3
£245K12/220.26 mi17, Cemetery Road, Royton, Oldham, Greater Manchester OL2 5SW3
£253.8K09/230.26 mi11, Newark Park Way, Royton, Oldham, Greater Manchester OL2 5YQ3
£170K11/200.26 mi24, Newark Park Way, Royton, Oldham, Greater Manchester OL2 5YQ3
£302K12/220.26 mi9, Newark Park Way, Royton, Oldham, Greater Manchester OL2 5YQ3
£190K06/230.27 mi3, Oozewood Road, Royton, Oldham, Greater Manchester OL2 5SQ3
£239K09/230.3 mi111, Harewood Drive, Royton, Oldham, Greater Manchester OL2 5TB3
£185K11/210.32 mi84, Wetherby Drive, Royton, Oldham, Greater Manchester OL2 5TA3
£140K06/210.34 mi490, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6TR3
£240K02/230.35 mi38, Denbydale Way, Royton, Oldham, Greater Manchester OL2 5TJ3
£115K12/200.35 mi444, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6TS3
£215K04/210.36 mi1, Coverdale Avenue, Royton, Oldham, Greater Manchester OL2 5UD3
£240K11/210.36 mi2, Coverdale Avenue, Royton, Oldham, Greater Manchester OL2 5UD3
£167.5K11/230.36 mi6, Coverdale Avenue, Royton, Oldham, Greater Manchester OL2 5UD3
£163K11/200.37 mi22, Harewood Drive, Royton, Oldham, Greater Manchester OL2 5TZ3
£288K09/230.37 mi27, Harewood Drive, Royton, Oldham, Greater Manchester OL2 5TZ3
£280K05/230.37 mi30, Harewood Drive, Royton, Oldham, Greater Manchester OL2 5TZ3
£182.5K02/210.38 mi127d, Denbydale Way, Royton, Oldham, Greater Manchester OL2 5TE3
£158.3K10/200.4 mi14, Hawkshead Drive, Royton, Oldham, Greater Manchester OL2 6TW3
£215K02/210.4 mi6, Hawkshead Drive, Royton, Oldham, Greater Manchester OL2 6TW3
£305K12/220.4 mi111, Grasmere Road, Royton, Oldham, Greater Manchester OL2 6SW3
£183K03/230.41 mi13, Fairway Crescent, Royton, Oldham, Greater Manchester OL2 6TT3
£184K10/210.42 mi27, Wetherby Drive, Royton, Oldham, Greater Manchester OL2 5SZ3
£186.5K02/210.42 mi5, Longdale Close, Royton, Oldham, Greater Manchester OL2 5UG3
£200K09/230.43 mi292, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6UF3
£199K05/210.43 mi30, Alandale Drive, Royton, Oldham, Greater Manchester OL2 5TU3
£180K06/230.44 mi4, Westerdale Drive, Royton, Oldham, Greater Manchester OL2 5TY3
£178K04/230.45 mi263, Rochdale Road, Royton, Oldham, Greater Manchester OL2 5SX3
£160K05/210.45 mi299, Rochdale Road, Royton, Oldham, Greater Manchester OL2 5SX3
£162K02/210.45 mi67, Fir Bank Road, Royton, Oldham, Greater Manchester OL2 6TU3
£165K02/210.45 mi23, Fir Bank Road, Royton, Oldham, Greater Manchester OL2 6TU3
£165K11/200.46 mi679, Rochdale Road, Royton, Oldham, Greater Manchester OL2 5UT3
£265K05/210.46 mi13, Harewood Drive, Royton, Oldham, Greater Manchester OL2 5UA3
£242K05/210.47 mi19, Borrowdale Close, Royton, Oldham, Greater Manchester OL2 6TN3
£320K12/220.48 mi19, Borrowdale Close, Royton, Oldham, Greater Manchester OL2 6TN3
£187K02/210.48 mi9, Camberwell Way, Royton, Oldham, Greater Manchester OL2 5TL3
£267.5K09/230.48 mi11, Denbydale Way, Royton, Oldham, Greater Manchester OL2 5TN3
£185K09/230.48 mi57, Denbydale Way, Royton, Oldham, Greater Manchester OL2 5TN3

Local Rents

17 rents from £850/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,30006/240.35 miDenbydale Way, Royton, Oldham, Greater Manchester, OL23
£1,10006/240.41 mi-3
£1,20003/250.41 mi-3
£1,10006/240.42 miRochdale Road, Royton, Oldham, Greater Manchester, OL23
£97506/240.51 miDogford Road, Royton3
£85006/240.69 miThornham Court Royton. 3
£1,10012/240.7 miChurch Street, Royton3
£1,15004/250.73 mi-3
£1,00012/240.76 miThe Co Operative, 151 Middleton Road3
£1,07504/250.77 mi-3
£89506/240.78 miChapel Lane, Royton, Oldham3
£1,30011/240.9 mi-3
£1,05012/241.17 mi-3
£1,10001/251.17 mi-3
£95006/241.17 miShaw Road, Royton, Oldham, Greater Manchester, OL23
£1,50004/251.19 mi-3
£1,95007/241.2 mi-3

Local Area Statistics

Population in OL2

42,193

Population in Oldham

182,174

Town centre distance

2.23 miles away

Nearest school

0.40 miles away

Nearest train station

2 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Listed for £399,950

January 31, 2025

Floor Plans

Description

  • Sought After Location +
  • No Chain +
  • Open Plan Living +
  • 3 Double Bedrooms +
  • Two Shower Rooms +
  • Allocated Parking +
  • Large Garden +
  • Double Garage +
  • Gas Central Heating +
  • Internal Viewings Recommended +

Habitat are delighted to present this THREE DOUBLE BEDROOM detached property, located in a highly sought after area of Royton, close to TANDLE HILLS, local amenities, transport links, and schools.

This unique property has been owned by just one family since its construction in the 1960s and offers significant potential for renovation.

Internally, the property briefly comprises a porch leading into a spacious OPEN PLAN LOUNGE/DINING ROOM, along with a study at the rear, added shortly after the original build. The WELL PRESENTED KITCHEN is equipped with an integrated double oven and hob. There is also a well sized DOUBLE BEDROOM and a practical GROUND FLOOR SHOWER ROOM.

On the first floor you`ll find TWO ADDITIONAL DOUBLE BEDROOMS with fitted wardrobes, a MODERN SHOWER ROOM, and a SEPERATE WC.

Access to the ATTIC is available through the second bedroom, offering the potential to add a dormer and create extra bedroom(s) / bathroom.

The property benefits from a large DOUBLE GARAGE with electric doors and a driveway providing ample off road parking.

.At the front a SPACIOUS GAREDEN is bordered by a stone wall and hedges, while the rear features a substantial SPLIT LEVEL GARDEN, presented in immaculate condition.

Internal viewings are highly recommended for this exceptional property which is CHAIN FREE.

EPC RATING - D

Tenure
Leasehold, details to be confirmed by the solicitor.

840 years

Probate
Property is currently going through probate.

Porch - 2m (6'7") x 1.2m (3'11")
Accessible from the front of the property, featuring floor to ceiling windows and a brick retaining wall.

Lounge - 5.6m (18'4") x 5.5m (18'1")
A spacious lounge with an open plan design to the dining room, enhanced by large windows that fill the space with natural light. Featuring an electric fire and brick wall. Includes stair access to the first floor, creating a versatile and functional family area.

Study - 3.32m (10'11") x 2.79m (9'2")
Accessed through the lounge, this room features floor to ceiling windows at both the front and rear, flooding the space with natural light and providing views of the garden. The room was extended approximately two years after the property was originally built in the 1960s.

Dining Room - 2m (6'7") x 2.03m (6'8")
The dining area is open plan with the lounge. Ideally positioned next to the kitchen with serving hatch. Large windows offer views of the beautiful garden

Kitchen - 3.9m (12'10") x 2.3m (7'7")
Located at the rear of the property, this modern kitchen features a range of fitted wall and base units, complete with an integrated gas hob and double oven. It also offers access to a convenient storage room. External door leading to the side of the property.

Storage room - 1.26m (4'2") x 0.86m (2'10")
This storage room, accessed from the kitchen, provides entry to the shower room and houses the washing machine.

Ground Floor Shower Room, - 1.8m (5'11") x 1.17m (3'10")
Comprising of a walk in shower, wash basin and toilet.

Bedroom Three - 3.08m (10'1") x 3m (9'10")
A double bedroom located at the front of the property on the ground floor. Floor to ceiling windows.

Master Bedroom - 3.84m (12'7") x 3.23m (10'7")
A spacious double bedroom situated at the front of the property, offering views of Tandle Hills. The room is fitted with built in wardrobes and drawers for ample storage.

Bedroom Two - 3.4m (11'2") x 3.38m (11'1")
A generously sized double bedroom located at the rear of the property, featuring fitted wardrobes and access to the attic through a dedicated door.

First floor shower room - 1.8m (5'11") x 1.7m (5'7")
A stylish shower room featuring a spacious walk in shower and wash basin, complemented by fully tiled walls for a modern finish.

WC - 1.8m (5'11") x 0.89m (2'11")
WC located adjacent to the first floor shower room, featuring fully tiled walls.

Attic - 5.6m (18'4") x 3.5m (11'6")
Accessed through the second bedroom, with the potential to add a dormer, offering the opportunity to create an additional bedroom and bathroom.

Garage - 5.6m (18'4") x 4.88m (16'0")
A detached double garage at the front of the property, equipped with an electric door and offering ample space for two cars.

External
At the front of the property, a driveway provides off road parking for two cars, alongside a generously sized garden enclosed by a stone wall and hedges.

To the rear, you`ll find a beautiful, substantial split level garden featuring stone borders and path. Tall trees at the back provide privacy.

Street parking also avaliable.

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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