3 Bed Terraced House, Single Let, Oldham, OL9 8HH, £185,000

Chestnut Street, Chadderton, Oldham, Greater Manchester, OL9 8HH - 2 months ago

BTL
ROI: 3%
~89 m²
+12 photos

ValuationUndervalued

Sold Prices£83.5K - £266K
Sold Prices/m²£1.3K/m² - £3.2K/m²

 

 

Square Metres

~89 m²
Price/m²£2.1K/m²

Value Estimate

£198,029
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£11,650

Total Cash In

£57,900

 

 

Cash Out

 

Rent Range

£895 - £2,000

Rent Estimate

£949

Running Costs/mo

£788

Cashflow/mo

£161

Cashflow/yr

£1,933

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £83.5K to £266K, average is £172.5K. £1.3K/m² to £3.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£83.5K03/230.05 mi77, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HW3
£217K01/230.07 mi20, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£230K03/230.07 mi8, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£179K07/210.07 mi9, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£265K06/230.07 mi9, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£159.9K10/200.07 mi16, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£157.5K02/210.08 mi25, Houseley Avenue, Chadderton, Oldham, Greater Manchester OL9 8HX3
£205K02/230.08 mi7, Houseley Avenue, Chadderton, Oldham, Greater Manchester OL9 8HX3
£157.5K09/230.09 mi89, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HF3
£160K03/230.09 mi116, Chestnut Street, Chadderton, Oldham, Greater Manchester OL9 8HF3
£266K11/220.1 mi33, Ashton Crescent, Chadderton, Oldham, Greater Manchester OL9 8HE3
£185K09/230.12 mi1, Elizabeth Avenue, Chadderton, Oldham, Greater Manchester OL9 8LY3
£265K05/230.13 mi140, Turf Lane, Chadderton, Oldham, Greater Manchester OL9 8HR3
£217.8K01/230.16 mi6, Gordon Avenue, Chadderton, Oldham, Greater Manchester OL9 8LB3
£162.3K12/220.18 mi15, Berkeley Avenue, Chadderton, Oldham, Greater Manchester OL9 8BL3
£160K11/210.19 mi23, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BH3
£175K12/200.19 mi19, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BH3
£195K05/230.19 mi4, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£150K11/210.19 mi120, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£181K07/230.19 mi68, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£167.5K03/210.2 mi61, Long Lane, Chadderton, Oldham, Greater Manchester OL9 8AZ3
£108.5K06/210.21 mi91, Henley Street, Chadderton, Oldham, Greater Manchester OL9 8JZ3
£100K04/230.21 mi105, Henley Street, Chadderton, Oldham, Greater Manchester OL9 8JZ3
£170K05/210.28 mi48, Sycamore Avenue, Chadderton, Oldham, Greater Manchester OL9 8BB3
£157K12/220.28 mi93, Sycamore Avenue, Chadderton, Oldham, Greater Manchester OL9 8BB3
£182K11/210.34 mi189, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DE3
£140K12/200.34 mi181, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DE3
£140K10/210.34 mi183, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DE3
£195K04/210.34 mi173, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DE3
£196.5K03/210.34 mi27, Atherley Grove, Chadderton, Oldham, Greater Manchester OL9 8DD3
£150K11/210.37 mi51, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD3
£135K12/200.37 mi80, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD3
£177K02/230.38 mi42, Cartmel Crescent, Chadderton, Oldham, Greater Manchester OL9 8BZ3
£152.5K11/200.38 mi8, Cartmel Crescent, Chadderton, Oldham, Greater Manchester OL9 8BZ3
£185K10/230.38 mi36, Cartmel Crescent, Chadderton, Oldham, Greater Manchester OL9 8BZ3
£217.5K12/200.39 mi200, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DF3
£215K10/230.39 mi216, Hollinwood Avenue, Chadderton, Oldham, Greater Manchester OL9 8DF3
£108K03/210.39 mi34, Summercroft, Chadderton, Oldham, Greater Manchester OL9 7JP3
£180K11/200.39 mi20, Thorley Close, Chadderton, Oldham, Greater Manchester OL9 8DT3
£145.5K08/230.39 mi43, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£179.9K05/210.39 mi24, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£165K01/210.39 mi47, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£160K09/230.39 mi22, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£135K12/200.41 mi95, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL3
£156K03/210.41 mi93, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL3
£245K03/210.41 mi24, Teasdale Close, Chadderton, Oldham, Greater Manchester OL9 8AS3
£238K05/210.41 mi13, Cartmel Crescent, Chadderton, Oldham, Greater Manchester OL9 8DA3
£193K09/230.41 mi102, Northfield Road, Manchester, Greater Manchester M40 3RP3
£144K06/230.41 mi112, Northfield Road, Manchester, Greater Manchester M40 3RP3
£180K03/230.43 mi16, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AB3

Local Rents

28 rents from £895/mo to £2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£89506/240.2 miCoalshaw Green Road, Chadderton, Oldham3
£1,20508/240.23 miRose Street, Chadderton, OL93
£1,20508/240.23 miRose Street, Chadderton, OL93
£1,15508/240.24 miRose Street, Chadderton, Oldham3
£1,22508/240.25 miRose Street, Chadderton, Oldham3
£95008/240.27 miCoalshaw Green Road, Chadderton, Oldham, Greater Manchester, OL93
£1,20009/240.3 mi-3
£1,20006/240.32 mi-3
£95006/240.33 miRoss Avenue, Chadderton, Oldham, OL93
£95007/240.33 mi-3
£95010/240.34 mi-3
£95011/240.34 mi-3
£94906/240.35 mi-3
£1,05012/240.41 mi-3
£1,10002/250.44 mi-3
£1,20008/240.45 miButterworth Lane, Chadderton, Oldham3
£2,00007/240.45 mi-3
£1,02507/240.46 miMaple Grove, Oldham, Greater Manchester, M403
£1,00007/240.5 miNorthfield Road, New Moston, Manchester3
£1,40006/240.51 mi-3
£1,20006/240.52 miWhitegate Lane, Chadderton, Oldham, OL93
£1,00006/240.52 mi-3
£1,10004/250.52 mi-3
£1,15002/250.56 mi-3
£1,15008/240.58 miMinor Street, Failsworth, Manchester, M35 9EL3
£1,50006/240.58 mi-3
£1,20009/240.58 mi-3
£1,20009/240.58 miBroadway, Chadderton, OL93

Local Area Statistics

Population in OL9

40,528

Population in Oldham

182,174

Town centre distance

2.80 miles away

Nearest school

0.30 miles away

Nearest train station

0.32 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Price changed to £185,000

April 5, 2025

Listed for £195,000

February 5, 2025

Floor Plans

Description

Situated in a popular and well-established residential area in Chadderton, this delightful three -bedroom mid-terrace home offers a fantastic blend of character, space, and practicality. Ideal for first-time buyers, growing families, or investors, the property benefits from a thoughtfully extended layout, creating a comfortable and versatile living environment.

Ground Floor

Upon entering, you are welcomed into a bright and inviting lounge positioned at the front of the property, featuring ample natural light and a cozy yet spacious feel—perfect for relaxation or entertaining.

Leading through to the rear, the home boasts a modern kitchen extension, which seamlessly flows to the dining room, providing a fantastic open-plan space for meal preparation and socializing. This well-designed extension enhances the home's flow and functionality, offering ample storage, worktop space, and room for a dining table, making it the heart of the home.

First Floor

Upstairs, the property features two generously sized bedrooms, each offering comfortable accommodation, with plenty of space for bedroom furniture and storage and built in wardrobes in both. The first floor also houses the bathroom which has been designed for ease of use for all occupants.

Additional bedroom on Top Floor

A standout feature of this home is the converted loft room, accessed via a dedicated staircase. This versatile area could be utilized as a home office, hobby room, or additional bedroom, adding excellent flexibility to the property.

Outdoor Space

Externally, the home boasts a low-maintenance front garden, ensuring a welcoming curb appeal without the hassle of constant upkeep. To the rear, a spacious and easy-to-maintain garden provides an excellent outdoor retreat—ideal for summer barbecues, relaxation, or even a potential garden project.

This wonderful home offers a perfect balance of modern convenience and character charm, with its extended layout, additional loft space, and generous outdoor area. Conveniently located close to local amenities, schools, and transport links, this property is a must-see for those looking for a well-proportioned and versatile home. Viewing is highly recommended!

Agent Details

Bridgfords, Ashton-Under-Lyne

0161 524 4113

Next Steps?

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